Member Info for Jungmana

£7 million raised and spent since ipo, where has all that money gone? This £1 million will only last 3 to 4 months with this lot.

I predict 1p share price by Xmas and NO husssr drill this year.

Source: Reuters https://share.google/85LxJTiNlRXzjWMEr

Listen from about 8m 40s

https://youtu.be/djbidX8_isE?si=QOU082SGnH2amHdn

From Grahams last interview is not only Glencore who are interested in Zulu, there are 2 other parties interested and that for me is quiet significant news

Thats a large holding mafs, I have about 90 million after buying more this morning.

33 billion shares now in issue and market cap at 0.015p is about GBP 5 million.

Huge upside from here and i think the 2 large tr1 holders will be adding too.

Look at the market cap not the shares in issue.

I think we will see 60 billion shares in issue this year and market cap GBP 50 +million.

You work out what share price that will be

If you watch the trades over the last one week plus , most of these 7 billion placing shares have been forward sold .

Good progress being made at Zulu and plant commissioning on track for later part of Q2.

GH in charge is the key reason I recently bought back in PREM.

I think he will deliver as has done in similar projects before.

Https://youtu.be/djbidX8_isE?si=FVD92zJZ2_3sgrFn

Marcus, new shares admitted on market

There is monthly payment due on this court settlement up to November whilst funding the plant at the same time. This is why you will see frequent placing or one large placing.

Settlement agreement

Under the terms of the Settlement Agreement, Premier and Zulu Lithium have agreed to settle JRG's entire claim in the aggregate amount of US$2.4 million, together with interest accruing at the applicable judgment rate on a reducing balance. The settlement amount is payable by way of an initial payment of US$400,000 due on or before 30 January 2026, followed by a series of monthly instalments through to November 2026. The Settlement Agreement provides for the suspension of enforcement action by JRG for so long as Premier and Zulu Lithium remain fully compliant with the agreed payment schedule.

Am writing to Schlumberger to confirm if they are consultants to Harlequin as can't find this evidence anywhere. I feel their name is being abused.

"Harlequin Energy and its consultants Schlumberger Oilfield UK Limited are working closely with the Company and its Consultants for the drilling of the Hussar "

Let sum up the rns:

They have selected the Ensign drill rig but still NO CONTRACT signed.

There is simply no money and all they are doing is waiting for the nominal value decimation to 1p and the a huge placing.

Good luck

Looks like placing shares being forward sold.

"The Company is working with Fortified Securities and Oberon Capital to progress the Anticipated Placing as previously announced on 15 January 2026. The Anticipated Placing is intended to provide funds to satisfy the settlement sums due in cash to Jonathan Swann and Atlas Special Opportunities II, LLC, plus providing at least 12 months working capital for the Company. A further announcement will be made in due course regarding the timetable and terms of the Anticipated Placing."

The GM is on Monday next week to approve the nominal value destruction from 5p to 1p. This will be followed soon imo by a massive fund raise and dont be surprised to see 2p placing price or even worse in todays market and also the number of shares in issue increased by several folds ( imo 3+ times )

You won't see any rig contract here until they can raise funds .

Good luck if you holding .

Where is the rig contract as promised? Another target missed.

Imo you won't get a rig contract here till they raise funds after the nominal value of the shares are reduced from 5p to 1p at the GM scheduled for 20th April.

Proof me wrong Hamilton.

Hamilton has failed in every single promise he made here since listing nearly 2 years now.

He will fail again to deliver tig contract by end of tomorrow.

Dont judge him on his words but in actual delivery instead

They said drilling in Q3 and up yo today no rig contract has been signed. Why will any activity with Ensign rig right now has to do with Husssr? Makes no sense.

Those rigs have lots of jobs and are busy working for serious companies

From TW :

"As Georgina Energy (GEX) prepares for a capital reconstruction to see par reduced to 1p and then an up to £10 million ATM death spiral, its shares are going to be crushed"

art you won't see a rig contract here before the end of march.

harlequin has no money and all this pumping over last weeks of $25 million funding is nothing but bull**** imo.

be rest assured that the company will dilute swiftly once the nominal value is reduced from 5p to 1p.

nearly 2 years on the market, £6+ million gone down the drain and nothing achieved so far.

what other credible option is there? time will tell.

Another useless MOU rns . The 6th over the last 2 years and history could repeat itself.

Sando must be looking for more cash.

I hope punters dont continue to fall for this rubbish.