Member Info for JamesTrader71

This certainly looks that way as first 10 minutes of trading 80M is up 12% I am grateful I bought some yesterday. Having looked at the scope of the Greenland entity assets now listed, this seems to me a very decent opportunity de-risked and looking for a rerate to equal the fundamental high net value here. Can see this climbing big % today. Expect over the weekend with the Greenland/Trump/Iran angle that there will be some press media uptake on and off the financial press.

I agree with this and have bought several lots over past few days. This looks increasingly like it will go to a big rally. Although the board need to improve their communication and respect shareholders the underlying assets are far too cheap sitting at these levels. I can see a decent move back up here to regain some serious ground back in the coming days. Perhaps even revisit the 50-60 area? That seems more fitting level than here.

I have entered into a decent initial position here which has taken ages to complete. I think this has very interesting legs in even the near term. Seems to tick a lot of boxes in considering the risk factors versus the rewards in the current global market.

Continued

- **Benefits of on-site power generation**: Emphasised as a "huge advantage" for AI data centres, enabling rapid deployment and reliable, low-carbon power in constrained locations without relying on the national grid, where connection queues can extend 10-15 years or more due to massive backlogs and infrastructure limitations—this allows QDE to support immediate scaling of AI computing needs while maximising ESG benefits.

- **First listed company in flexible power generation**: Krugel noted QDE's unique position as the first UK-listed company dedicated to flexible generation assets (incorporated in 2020 and listed on LSE), providing a first-mover advantage in delivering modular power hubs that address both grid constraints and the exploding demand from digital infrastructure.

Superb interview

The key positive points from the interview (aired February 25, 2026) with Pieter Krugel, CEO of Quantum Data Energy (LSE:MAST), focus on the company's momentum and strategic positioning in flexible generation (flexgen) energy assets.

- **Accelerating growth** in flexible generation, signaling strong ongoing progress and expansion in this sector.

- **Advancements at the Highbridge** project/site, demonstrating tangible development milestones.

- **Borders project partnership** structured to reduce dilution for shareholders, reflecting smart, capital-efficient collaboration and funding strategy.

- **Near-term production ramps**: Upcoming entry into production for a **7.5MW site** (Hindlip) and a **5MW site** (Bordersley), providing concrete upcoming operational and revenue-generating milestones; a third site (likely referring to the existing operational Pyebridge asset alongside these two upcoming ones) contributes to the portfolio ramp-up.

- **Substantial development pipeline** of **40MW** overall, indicating significant scale and future growth opportunities beyond immediate projects.

- **Refinancing plans** under discussion, which support financial optimisation and sustainability; these are expected to be **non-dilutive** to shareholders and aimed at replacing the existing **RiverFort loan** facility (previously used for project-level funding, such as at Pyebridge), enabling debt optimisation without issuing new equity.

- **Strong free cash flow per megawatt**, highlighted as a positive efficiency and profitability metric for the assets (e.g., based on Pyebridge performance delivering around £290,000 per MW per year in revenues, with gross margins ~30%, translating to roughly £100,000 free cash flow per MW annually after costs).

- **Projected £1 million in free cash flow in 2026 just from the power generators**: Krugel discussed strong cash generation characteristics, with the combination of the operational Pyebridge site and the two near-term additions (7.5MW and 5MW entering production) expected to deliver approximately £1 million in free cash flow for 2026, driven by high per-MW metrics and imminent revenue ramps.

- **Well-positioned strategy** to capitalise on surging energy demand from **AI and data centres**, placing the company favourably in a high-growth market trend, with AI datacentre power needs projected to quadruple to ~8GW by 2030 in the UK alone.

- **Discussion on AI data centres with institutional investors**: Krugel highlighted positive signals and ongoing dialogues with major institutional players (e.g., referencing investments from entities like BlackRock in AI infrastructure), underscoring validation of QDE's modular power solutions through partnerships and joint ventures, such as the landmark JV with Carbon Zero Markets to develop and operate AI data centre power supply solutions.

- **Benefits of on-site power generation**: continued

Email addresses to send LETTER to company

contact@quantumdata.energy

Then CC

guy.wheatley@fortifiedsecurities.com

market.abuse@fca.org.uk

speakup@lseg.com

(Letter template continued)

4. Defence of the SPV Funding Strategy

The syndicate’s goal is to make the PLC look "toxic" to your SPV partners. By allowing this manipulation to go unchallenged, the Board risks the valuation of the 300 MW pipeline. I urge the Board to issue a robust statement confirming that you are using all legal "swords" at your disposal to defend the share price from this predatory "acting in concert" behavior.

The shareholders require more than operational updates; we require evidence that the Board is protecting the company’s integrity against illegal market rigging. I look forward to your formal response and to seeing these actions reflected in future regulatory announcements.

Yours sincerely,

[Your Name]

[Shareholder Reference Number / Designation]

[Number of Shares Held]

***TEMPLATE LETTER TO SEND TO BOARD OF DIRECTORS, COMPANY BROKER, FCA, LONDON STOCK EXCHANGE ***

To: The Board of Directors & Company Secretary

Company: MAST Energy Developments PLC / Quantum Data Energy PLC

Date: 23/2/2026

Subject: URGENT: Formal Request for Section 793 Notices & Enforcement of Market Maker Reporting Duties

Dear Directors,

I am writing to you as a shareholder to express my grave concern regarding the persistent and highly irregular trading activity that has "pinned" the share price in a controlled region. This suppression is occurring despite the record revenues and operational milestones reported in your January and February 2026 updates.

It is evident to any informed observer that the company is the target of a sophisticated "Short and Distort" campaign. This campaign appears mathematically designed to prevent the share price from reaching the 4p warrant strike price, thereby attempting to "starve" the company of capital and try to sabotage the upcoming SPV non-dilutive funding.

I am formally requesting that the Board take the following immediate actions:

1. Issuance of Section 793 Notices

Under Section 793 of the Companies Act 2006, the company has the legal power to unmask the beneficial owners behind the anonymous brokerage accounts. I urge the Board to issue these notices to the brokers involved in the repetitive "pinning" trades to determine if a "Concert Party" is acting in breach of TR-1 disclosure thresholds.

2. Enforcement of Market Maker Regulatory Duties

Under Article 16 of the UK Market Abuse Regulation (UK MAR), Market Makers (MMs) and firms professionally arranging transactions have a mandatory legal requirement to detect and report suspicious orders and transactions.

The daily "resetting" of the bid and the "walking down" of the price within one hour of positive RNS news constitutes "Artificial Price Fixing" and "Layering."

I urge the Board to formally challenge the company’s Corporate Broker and the active MMs on the book. You must demand confirmation that they are fulfilling their duty to file Suspicious Transaction and Order Reports (STORs) regarding this unjustified price suppression. Any failure by MMs to report these clear patterns of manipulation should be flagged directly to the FCA.

3. Investigation into Coordinated Misinformation

There is a visible correlation between "OTT" negative campaigns on LSE and ADVFN and the subsequent "hitting of the bid" by large sellers. These trolls are consistently repeating false allegations—specifically the claim that management commissioned the "sponsored articles" that were previously dismissed as fake. This is a classic "Double Bluff" designed to destroy management credibility while the syndicate harvests liquidity.

4. Defence of the SPV Funding Strategy

(Continued )

Superb RNS and another step closer to their transformative strategic vision. I’m currently on holiday but looked in to say well done shareholders keep the faith here. We all are aware about the manipulation campaign against the company by a certain cohort of organised shorts. They will be getting their pants pulled down soon. Template letter re trades on its way will post when back. Lots of analysis of the daly trade data cements the play here. The letter will force reveal of names and accounts participating. Good luck and have a great day. It seems this is the very bottom rung but climb back begins now. Excited for the AI Data Centre next RNS on our partnership with Navon World who build modular data centre sites globally. AI data centres a key stock trend for 2026 and MAST have 1st mover advantage as listed company to start rolling out dedicated on-site flexible power supply (key problem for data centres is reliable but flexible power and we solve this) on each AI data centres site. Multiple sites planned to be launched in 2026 in JV partnership.

No live quotes to buy some big game playing by MM the bid price is actually the current ask. All designed to get you to sell up. It’s getting very boring MM who are managing the VWAP for warrants who conversion is at near 50% premium to VWAP. Last set 8p. No we will be calling it out on suspicious trading rules.

Looks good to me to get back over 8.00+ today. We should never have been sunk so low after last week’s RNS which was strong. I suspect that MM are maybe collecting themselves and making a war chest at weak hands expense explaining the exploitation of the SP this last week. The SP should in reality be already in double figures. It will move there soon. You cannot keep a good stock down forever as they move forward into a very very positive period. I have added more to my position again.

Superb update RNS all coming together very nicely. Wondering how much longer MM can play with the SP now? Superb entry price for newcomers. GEX set to be a real leading star of global supply of Helium and Hydrogen sooner rather than later.

I think we may just have a very good week here and may finally see the end of the sub 10s. MM have rinsed and rinsed the weak hands and have struggled to keep enough in their own hands to fill the demand so took down the price. Not a reflection of value in fact the very opposite. Rope lowering cannot continue here. If you sold out on their tactics you might have to run to catch up and get back in. Brokers note initially looking at £1.24.

Definitely some dark arts trading being done by certain MM to take it down in 6’s even my top notch broker platform kept displaying 6.50 v 7.00 on that last no reason for it immediate shake out. Warrants are at 8p so there’s no background seller.

The Facility has a term of 3 years, and each drawdown of the debt has a term of 12 months. The First Drawdown will be convertible at 8 pence per share ("Reference Price") and each drawdown thereafter at a 50% premium to the 5-day VWAP preceding the drawdown. There is no interest to be applied to the loan.

Issue of Warrants

The Investor shall receive Warrants equal to 40% of each drawdown divided by the Reference Price, exercisable at a 50% premium to the relevant Reference Price. Each issuance of Warrants will have a 48-month term from the date of issuance (which may be offset against outstanding debt if exercised). The First Drawdown warrants will be exercisable at 8 pence.

Why would you not promote the massive value and importance of that to the market? All broker research notes even in FTSE100 companies get RNS’d. Its very odd so many people pop up here complaining. Well the buy demand is there if the MM will oblige them so can see a very good strong finish heading back to 10 after today. GEX now in the best possible position in history of this young company. They are on a similar pathway to GGP in their early days and remember the mud slinging trolling that went on there. The likes of the TW guy will need to sit down now. And as we go forwards we are building on maintaining a structure of mainly non-dilutive finance which is a very important and unique aspect for a junior.

I think we may hear on re rig selection after weekend as they arrived 12/2. Looks like any volume wanted is not available to buy.

Up 20% already and out come the trolls. Nice news story via Vox Markets just out too. This is on the extreme side of undervalued.

Very strong broker report indeed. Good to see the company getting across the message to the market for potential new investors. It underscores all that current investors know about GEX.

Georgina Energy Plc, GEX.L announces that Clear Capital Markets has published an initiation note, available on the Company's website: https://www.georginaenergy.com/investors/results-reports-presentations/

The note reviews in depth Georgina's Hussar and Mt Winter assets, as well as the opportunities presented by Mt Kitty, Dukas, Mahler/Magee, owned by Central Petroleum, which Georgina is currently in the process of acquiring. Overall, the key takeaway is that the portfolio has transitioned from frontier exploration toward re-entry and appraisal, marking a clear step-change in maturity and risk profile.

The initiation note also references the Company's structured offtake-led funding approach, including the recently announced $25 million Harlequin facility to fund the Hussar drilling programme, alongside wellhead sales/offtake pathways as part of the Company's commercialisation strategy.

Clear Capital also provides a positive review of the helium and hydrogen markets, highlighting that new sources of reliable helium supply are increasingly valued, particularly those that can be brought online without reliance on large-scale LNG infrastructure or multi-year development timelines.

In terms of catalysts investors should be aware of, the profile is now anchored by two parallel execution tracks: a lower-risk re-entry and appraisal programme at Mt Kitty and a funding supported, large-scale drilling campaign at Hussar. Together, these provide multiple opportunities for value inflection through 2026-27, with outcomes driven increasingly by execution and deliverability rather than binary frontier exploration risk.

Some serious undervaluing here & disconnect between fundamentals and the current share price. I am witnessing an attempt to keep walking it down happening against buying for days since last RNS which was very positive often if it flips over the live ask because the MM refuses to live quote they then flip the ask back down on that buy, widen the spread the walk down the ask. Blatant manipulation in real time. Looks very much like the market is lowering ropes for someone or some entity. A reminder warrant price is 8p and no big background seller. This should start to turn back around soon. No reason for the drop other than last shake out of weak hands.

The non dilution SPV finance agreement is for the next energy production site to be built not Bordersley. The new funding raise is specifically to get this up and running ASAP so it can start generating revenues quicker. An expedited timeline is a positive event. This money raised is specifically dedicated for this purpose. If you want to indulge your time posting persistent stupid childish level comments and lies carry on. Nobody can possibly take you seriously 4Pete but they will all be screenshot and filed. There’s no purpose for you to keep posting your thoughts on a stock you have bashed for months on end other than your own personal agenda and your spreadbet. You’re just high pitched squealing noise to investors.

As a result of the progress made and to fund QDE's capital requirements for the abovementioned project capex, an acceleration capital funding (the "Acceleration Capital") has been undertaken to support the expeditious completion. QDE has existing sufficient cash reserves to support the Company's working capital requirements, and therefore the Acceleration Capital use of proceeds is solely intended to provide capital to increase QDE's MWs in production.

The Acceleration Capital raises £1,165,000 gross via the issue of 46,600,000 new ordinary shares at an issue price of 2.5p per new ordinary share ("Placing Shares"). The Acceleration Capital has been facilitated by the Company's sole corporate broker, Fortified Securities.

Pieter Krügel, CEO at Quantum Data Energy PLC, said: "We are excited about the ongoing progress that we are making as we continue to build our portfolio of flexgen assets to our initial target of 300 MW and beyond. The Acceleration Capital has been undertaken solely to support the expeditious completion of an immediate growth opportunity that will make a meaningful contribution to QDE's portfolio of MWs in production. We are also working on a number of additional near term growth opportunities and look forward to updating the market with further updates in due course."