Member Info for InvestMaestro

News, see last RNS, after all the nice fluffy stuff about grades and colorful maps...

"The Company has agreed to issue new ordinary shares with an aggregate value of £40,000 in satisfaction of contractor fees relating to the on-the-ground work undertaken in Nevada in connection with the claim staking and geological assessment of this mineral claim package and Amonett-Frank (announced last week). A further announcement will be made upon the issue of these shares."

As oppose to selling one BTC, this indicates to me the company is issuing shares in lieu of fees?

News, because the SP is going backwards much faster than the value of BTC, and this is even after the company has introduced it's gold exploratory business, which was supposed to be a hedge.

By my calculations the SP has decreased from 2.5p, roughly 30% decline, since you have started posting.

What does Mr Market know that you, or shareholders don't.

What you being paid to ramp this News?

You need sacking, the SP is going backwards.

I listened to yesterdays call and it all sounded very positive.

However, how many shares have a director call like that, then the SP tanks 20% the next day.

Hopefully not a forward sold placing!!!

looks like someone is offloading a **** tonne of these.

buyer beware!

Piers, my understanding is they aren't expecting expensive capital extensive mining work to be carried out.

They intend to do the early ground work, find some highly prospective targets and monetize them early via the multitude of ways Mines can be.

Then proceeds back into Bitcoin...

Now imagine a BTC recovery, high potential/high monetization gold prospects in Nevada and also, don't forget the touted NASDAQ listing... oh and mid-terms also where Trump and Co aren't going to be expecting overseeing a floundering Bitcoin price.

If all their ducks are in a row, summer could be exciting heading into Autumn. We all saw what the SP did on the last Bitcoin bull run last time...

Anyway, all my honest opinion, DYOR and please don't take my personal views as advice... GL

Clever really.

If they had no intention to use the shell, the free float increase can now be made available to someone who might, whilst they continue to retain a large free interest.

MCAP is circa 250k. The MM will take fairly large sells in one hit, suggesting there could be someone purchasing... if you see a new BOD with intentions it could easily double...

Big risks right now though...

Just bought some at c 52p.

Free cash is strong relative to the debt. Just needs to utilise AI to reduce overheads, temporarily reduce it's Dividend and get the Debt lower.

Unpopular guidance, but should contribute to get the SP to a higher level from here.

Equity is worthless. Expect pre-pack of IP for peanuts.

The update feels like it has been written to gloss over all issues faced and manufacture a narrative of growth and profitability.

In reality, to me it suggests stagnation, desperation and cash haemorraging.

When you see the term "Adjusted EBITDA" plastered all over a financial report, look into what is being "Adjusted".

Checkout Charlie Munger of Berkshire Hathaway and see what he refers to it as!

Just a bad time for Diamonds unfortunately... even the big players are offloading

If there's BOD changes, it could get interesting.

Only 70 mil shares in issue but if most are in hands of a couple of people then that could explain why freefloat is constrained and people can't get the quantites they want, until they are being offloaded.

I have seen these types of companies multi-bag before.

Have Marketing produced the financial results?

Makes this a bargepole company for me.

they should change all the references of adjusted ebitda to "bull**** earnings" then see how the report reads !

No worries Enki, I hope we get something from Fiinu on their other endeavours sooner!

This refers to news released on September 2025, so it's well out of date.

Latest RNS from Manx suggests currently in UAT and expecting release later in 2026...

Yes, it feels like the best deal, in the worst circumstances... i do hope they can get something in Europe (maybe Poland, Hungary, Romania?) soon.

It's not entirely over, but it does mean the company will be suspended for at least another 12 months in my view.

Main Cash shell is roughly £500k, and depending on calibre of management and anticipated projects that can easily increase in to the millions.

What I can't understan is what are proceeds of the 49% disposal? If a company will take 51% in lieu of a $5 million debt repayment, it doesn't make sense why it's been handed over for nothing...

Why didn't they just hand over the 100% for $5m prior to the AGM, or maybe it was to give shareholders some hope there could be some value realised in the assets...? And thus BOD didn't lose their positions.

I like the BOD's view on transparency, honestly and good governance, but that should be the foundations of any listed company... not a unique selling point.

GLA and All my own views.

Manx are communicating more info about Fiinu, than Fiinu are about themselves. Almost like Manx are pulling the strings and not really talking to Fiinu about the sensitivity of these announcements.

Hopefully Fiinu can sever ties with Manx and get a better deal with a more reputable, upcoming and well known bank. There's a few to choose amongst others Monzo, Atom and well, why not Revolut, you never know...

I know they were despereate for funds at the time, so it was a bit of hand behind back moment, but Fiinu is roughly the same MCAP as Manx and even managed to get away a fundraise at 20p.

I think they could easily get that loan repaid and get a better deal. Let's hope though.

Well I personally don't see how the vote has made a difference really.

In my view a Yes is voting capital loss by shareholder dilution, and a No is a capital loss by bankruptcy (and assets seized by Creditors)

Do let me know if I missed something though?