Member Info for Jimzi

I don't either but then I would have laughed if someone told me about the Arden deal - but they did it..

To wipe off 90% of the value of a reputable long established law firm is quite a feat.
With a change in management and a raise at 5p however, makes this a compelling risk investment at 5.5p
It could crash out but now with the nutter responsbile for the Arden fiasco [unbelievable actions for a law firm, it may get back to what its good at and restore its position

Now the "doubt" of the reality of the deal has been expunged, maybe time to revisit the deal terms / implications.

1[ Non-dilutive investment of US$7.5 million in cash, machinery and services.
2] The transaction values the Company's lithium assets alone at in excess of US$15 million.

"This deal is completely transformational for Kazera. Not only does it give us the cash to fund operations in Namibia well beyond when we expect to become cash generative, it also brings us the machinery and equipment to completely overhaul the operation.

It will enable us to substantially increase Tantalum production in the near future, and by Q1 2023 we will also be benefitting from the production of lithium."

Monies are already with the co solicitor- they were yesterday- it’s a formal legal agreement not but this now button.

Well, a value inflection transaction and no need to raise in this climate has tempted me. Its avoided the 50 % drop on a placement risk- unfortunately the norm in the current market.
Not touching anything remotely dry on funds

Its a sales platform - good but just because Bayer runs it won't affect sales, hence TB saying he doesn't know how it will go.

Linking Bayer to IQ is naive/rampy.

I sell on Amazon - are they going to buy me out?

Agree but the best strategy is to hold a modest leveraged position prior to FDA and plough in at 8 am if it’s good.

I don’t get the lack of news and shareholder engagement.

I do - majority shareholder is not interested in other shareholders - he does what’s best for him. If, a big of, a small raise is necessary, he wants it he price as low as is possible. At the end of the day, the price atm , it doesn’t matter if it’s lower.
The problem is , he has inside knowledge and can control newsflow - silence or upbeat and it can change the price by 100 pc instantly

The share price of all small cap tech cos tightly controlled - by someone whose past dealings have shown he acts in his own interests using info flow have suffered . So short term and over a very lacklustre summer market, it’s uncertain.

There should be transparency enforced by nomads but we all know their integrity is below Boris’s so a controlling shareholder can do whatever he wants with no scrutiny as has been seen in his other companies

Just hold, switch off and wait.

Yep but I am waiting till Barlcays share issued and the last bit of overhang removed - they are the only ones left aren't they?

Cheers.

Anyone know what we have in Sofant?

With all the Capital under advisment & with direct, I could never fathom out what we have in proper % terms

Not worrying. Suprised they did not go for more though so placing clouds can be removed for a couple of years.
Hopefully enough though - diff to get balance between min dilution and stability

Anyone know what nonsense they are talking about when saying the shares have to be dematerialised? Does the word exist?
Evidendtly this takes ages.
Or it means allocating to client accounts which, having less than 200 and a computer should take 5 minutes.
Once got, IG are not going to be used - zero client service - they are such cowards they have stopped replying to me lol

Yep, this is the worst time for a placing for many years.
It might have to be lower

Disdain for those who pay their wages. FCA complaint time

Yep

I asked what is the custodian doing, they claim they have contacted Croft - I asked what was their response - yet to hear back from this query. They are an absolute disgrace. Can’t be bothered to ring them up. Client service my ……………

"On or around 26 April 2022, Croft Nominees will no longer hold any of these shares" No longer a trust.

When a trust ceases, there must be a distribution before the trust cessation.

Where are they?

at £1.02 just noticed.- nearly 1% of the company.
This stock really is in play

Just saying what I see, a complete disgrace.

This "one off" measure has been implemented to enable holders of the Warrants an opportunity to exercise pursuant to the terms of the original warrant instrument but were unable to do so during the current pandemic situation.

How on earth have they been unable to exercise?
Read, unwilling to exercise as they are not investors but forward seller converters - that is prejudicial to the company's interests if a higher strike price could have been achieved.
They accepted the punt - time ran out - that's the game - but clearly not with this "one off" - language implicitly acknowledging its dodgy in my books

But with oil through the roof, he may have got £700,000 for the same dilution.
He is favouring contingent holders over actual holders which is wrong - the Nomad should be doing their job - yes cue LOL as they probably don't even realise that holders have been disadvantaged cause they ain't very diligent / gifted.
See INCE