Member Info for Lastultimateyolo

To me it's either A) Someone big selling this week

B) Potentially what we saw when Maxey was selling so Coffey bought more, big players moving around so the new firm for the debt package can acquire equity? C) Chart topped, people at 18p placings selling to lock in profits D) All of the above? 😂

All good my friend, just lost some of the hair on my head 😂 enjoy your weekend!

Do you mean today or the last offering? I can't see anything about an offering today on my end so just confused haha

APT price has been flat for a while, price was kinda overextended, low volume days, felt toppy so probably a lot of profit-taking/de-risking. Could also be some scares as financing hasn't been announced yet. But nothings changed fundamentally

New5 is so right. I got in late by comparison, but this board has turned into people complaining about financing etc. Have any of you ever touched penny stocks and looked at the money needed to raise funds? MANY of the big growth companies (ASTS springs to mind) did this heavily in the early years. Stocks are not vessels for you to make as much as the big shareholders and people who founded the company. But it is a way for you to get in on the journey. I find it fascinating that it's next to IMPOSSIBLE for anyone on this board to be down if they've invested in the last 2 years and yet there's still so much whining. Please just buy an index fund if you're gonna cry like a puppy because a big shareholder made more than you and let the big dogs eat.

We know where this is going. We know this company inside out. If you don't and you're nervy or unhappy, don't trade emotionally and just protect capital...but I know damn well those shares will be snapped up quickly.

Yes because announcing an individual shareholder by name who is willing to finance in the event a deal isn’t reached definitely isn’t insider trading and definitely wouldn’t impact the stock price or lead to potential investigations 😭 they’ve said all they can, the fact they’ve said that alone is stunning to me. Life isn’t candy land. Get what you’re given. We’re playing someone else’s game, it’s up to you if you learn the rules

Tbow, that’s literally how dilution works by the way. Find me one stock that’s diluted and hasn’t hurt shareholders while not hurting the larger investors who own different classes of shares??

Sometimes i am a tad bewildered by this board

Best of luck everyone, even on a +5% day and a 52 week high people are unhappy. If it’s that much of a personal issue for you, buy an all world fund and just sell.

It’s clear you’re scarred from the past tbow. And that’s fair. But we go off the information we have..which basically says outright there’s no dilution. If an existing shareholder is willing to finance the next stage until the big money hits, I’d say that’s a great sign and has no bearing on stock dilution….

That said It’s a penny stock, this is the game we play. I’ve been in many that have diluted and died, many that have diluted and changed lives.

Just make decisions based on your own situation and ride the waves. I think personally that announcement was the best possible thing to read on a Wednesday. But if you have doubts, just remember…

No crying in the casino

Hopefully we’ll be soaring towards Poundland very soon and all of these concerns will be made irrelevant.

'Subject to the above, a major existing prominent shareholder has indicated willingness to fund the first tranche of US$25 million of the Facility, should the Facility not be concluded at this time, which is expected to be drawn prior to the end May 2026. This first tranche of US$25 million would then fully fund the project up to the first phase fines gravity re-commissioning operations in Q3 2026.'

It's not dilution, Tbow/Laz

My money's on a certain wizard...

That’s my apologies then. I misread. It’s an honest mistake, it happens. Point stands just a little less set on it now 😂

Charles Archer mentioned in his GWMO ramp piece about a ‘certain man’ looking to revive Devon and Cornwall’s mining. He appears to be in the TG group for GWMO investors so I asked him if said chap’s name rhymes with ‘leg toffee’. He reacted with a thumbs up

Greg now has a 33% stake in SML too….looking like that JV isn’t so outlandish after all…

I disagree. I genuinely think it has longer term upside but it won’t be producing for a few years. It’s risen too much too quickly and there’s still a placement overhang. I said in a tungsten investor group chat I think TUN does better on SML’s MRE….really wasn’t wrong. The world needs tungsten NOW. There can only be a couple of first movers. With ALM insiders selling, EQR being difficult to export to the west, this is literally one of the only options. I like SML, but I think we can ride a lot higher with tun and buy SML at a similar level we see now

I thought the new equipment deals they signed helped the noise issue. They’re getting rid of the old screening/sorting machines in favor of sunken crushers? Probably way more nuanced than that though

Most miners are down bad today (SML an exception). I doubt this has to, respectfully, do with a ChatGPT biased take. The FTSE is down 2%, risk-off assets will get battered on days like that. Great chance to add more imo.

I think there's still some overhang. Lansdowne & Maxey/pals owning SO many voting shares create issues. Got them out of trouble, sure, but small funds owning 8figs+ in a penny stock is scary, and it means other tute's can't get in. I'm sure Coffey would've preferred to stay private with his holding...

Anyway, the main thing is it's not really going down. Any big sells or conversions from B/A are being swallowed up. Patience.

I've seen enough offerings/placements in my time to know when they're bullish and bearish. ASTS at $6 down to $3 was similar, but they were burning cash and look how it ended up. The big thing is USUALLY once an offering is announced, the price slowly bleeds towards the offering price as people don't wanna overpay for something they can get cheap in a few weeks. This has held a price nearly 2x that 18p mark. Oh, and a new investor bought 9% of the company, presumably with an avg in the 30's, KNOWING this was coming.

If you're getting shaky, manage your position. If you believe in it, you'll be welcoming ANY potential dip with open arms.

There's no certainty, especially on AIM, but to act like the offering doesn't strengthen the company and that people won't slurp up cheapies one last time after the equipment agreements, £45M raise and new investor, is a bit silly

So nobody thinks it’s interesting that Drakewood cut 5.47%, Henry Maxey 5.16%, (10.63%) total, and Coffey picks up 9.63%? That those aren’t correlated?

I wouldn’t worry about reduced holdings when it’s immediately replaced by a position of a near identical size by one of the best macro traders in history, personally….

I think the fact he's on his own and not his hedge fund says a lot. Could well be a potential takeover, but it's not really his style. Id assume from his point its a macro defense hedge, definitely gives me confidence ahead of the April China talks

First time here, long time lurker (avg of .12 and check this most days haha). Coffey is an unreal name to have in this. Definitely explains the recent drakewood/lansdowne reductions. One of the goated macro traders of this generation. Doesn't appear to be under his new hedge fund, but I added way more than I planned to today. Begging it drops to 18 later this month so I can get super aggressive with it. But this is such a bullish name to be acquiring a stake.