Member Info for Jimzi

Nothing but boredom hence peeps trade for the 1p..

No vol.

I'm certain they will layout the "legacy" payoff costs so it will be easy to see the underlying trend

We’ve already been told they are in line

Absolutely - but TB was being a good then.

Very poor research Zinky. Do a little more analysis

Yep, must be a delayed sell in the system. Got to be the bottom now?

Just got 25k spread at 13.9

The sp was 5.6 peak in Jan this year rightly so on the back of a good RNS. The sp was based on the understanding of the majority shareholder’s support , as communicated to the market.

But he overplayed his hand and now he still has 30% at 1p with no room to manoeuvre- he’s £15m down on paper from the heights and 79 years old. That’s the market; what’s he going to 👈🏻

You can’t read the market from one day. The sp is a result of long termers reducing to the point where others tentatively buy which is where the TB factor is neutralised . Assuming he’s not giving up, it’s up to him to get value for himself and his saviour placing family 😂😂But at this price, I’m extremely happy with my psychological punt , psychological in terms of what 30% control can do. That’s the current market, throwing down the gauntlet- our potential loss is nothing compared to his.

Seriously, not been following so don't know what you mean.

Company certainly looks strange - dormant with a kiddie in charge - a Fowler relative? [£ from previous proceeds / salaries]

But why only 1m warrants at 10p. Its too "well negotiated". - I mean thats bugger all. Industry norm would be at least 20m warrants at 3 to 5p and that would be good to get away with in this "lower quatile" lending sector.

Anyway, just musings

Is that a pro or anti LBGT group😂😂

What's M23?

Tend to agree and I can't think why. At least the flippers have gone now; just a matter of waiting.

Shame they couldn't have an approach from a strategic investor. Ask why CMRS can attract a strategic investor when 99% of juniors have to follow the deep discount route.

Maybe having a heavyweight chairman who founded a £736m company helps

Rubbish . Directors emols were £214k for the year

And vote for a non existent manifesto? Voting for nothing is more stupid but hey, good luck with the chaos coming

Basically CMRS is a new company that's re-focused with a heavyweight CEO chair and a Moroccan director who set up the Moroccan Miners Association. The legacy assets were sold last year and £250k last instalment due. A significant part of the costs in the past results are now no longer incurred so using them as projections is incorrect. It is now an exploration and development company focused on developing assets that produce key commodities essential for renewable energy, battery storage and electrification to support the clean energy revolution. These commodities are widely recognised as being at the start of a supply and demand supercycle. In addition, it is involved in metal trading.

Dominic Traynor New chairman has Links with Middle East high net worth individuals ,one of his company is UK listed Sigmaroc- Mcap £736m [and impressive sig shareholders list] and another one based in UAE. A few don't realise how strong a position we have in Morocco. The CEO is the man there, he set up the Moroccan Miners Association and probably has the best mining/metals network in the country. That is why:

1] a global commodity company approached us to form a trading partnership.

2] the 36 licences acquired with the input of this excellent local knowledge.

A trading partnership means that CMRS is the only junior on the market that will have secured an independent income stream, which in this climate of **** poor funding is a massive tick. A global won't be dealing in kgs - they will be significant deals. As costs are only management time, its all bottom line.

But being prudent the BOD know funding should be secured. To this end From the Annual accs

"The Company is also in discussions with a strategic investor which has communicated its commitment to

providing the Company with sufficient working capital for at least 12 months from the date of approval of

these financial statements, to be provided during the second half of 2024".

See LND 100% rise after strategic investor raise. It will put the company on an even more solid footing. Strategic investors must have a reason and will not flip.

Finally "The Options will vest in three instalments and will have an exercise period of five years. The first tranche

will vest when the closing mid-market share price reaches 7.5 pence or above for three consecutive trading

days. The second tranche will vest when the share price reaches 12.5 pence. The third tranche will vest when

the share price reaches 17.5 pence" .

Not your normal spivvy AIMer handing out loads at mates rates prices. Quantity low, price high - as it should be - to align interests

Serious talent in Morocco, serious chairman £1m mcap - for a limited time only!!

1] He can't take it private. The recent "sp revolt" has shown he won't command the mandate.

2] He won't do a placing at this level - he's on probation and it buggers up all his related holdings

3] Prob CL - well its at 1p so who cares?

He's old and needs to crystalise his investment in some form -& certainly not sitting at 1p. He knows it is his best company and something positive must happen [ he will be remembering when he was worth £15m on paper when it was at 20p when co only had 110m shares!] And that was before the company started delivering - a commercial deal with GE. Maybe we may find out how commercial or more detials -disclosing is more in his interests than holders now

Agree; at this price the ability for TB to dick around has been severely curtailed. Not 100% certain but the company is so good, bought 200k sb at 1.03

He can still redeem himself - issue CLs convertible at 5p and it's a whole new ball game [ he said 5 p was too cheap so its a bargain for him]

Thank the Lord we are main market lol.