Member Info for lootgaloot

Very true 4everlong. Unless, of course, Dru is a bit of a simpleton who is easily fobbed off by JMK. In which case, I'm not really interested in hearing someone else's confirmation bias.

Looks like a face saving exercise. Couldn't find a credible partner so CB to the rescue. Very terse RNS for such an apparently strategic move.

CB seems to accumulate lots of assets and just sits on them. He is the king of quantity over quality. JLP will just have to get in the queue. Too many fingers in too many pies. I guess he relies on occasionally getting lucky. Still no drill results, disgraceful.

It's good that we are raising funds, it indicates the company is confident that cash will be needed to develop the prospects. PIs are never happy to be diluted and in an ideal world shares could be issued post drill when the share price is hopefully much higher. However, realistically the period leading up to drilling provides both justification and opportunity for institutional support.

As for the drop in share price today, it just shows that those in the know are already aware that the issue price is going to be around 1p so why buy in the open market for 1.2p. In fact, the city boys have known for a few weeks as we've been at a +20% discount to the Australian market.

Overall, I won't be crying into my champagne if the share price reaches the Cashu Group target of 3.75p in six months, especially if this fund raise puts us on the radar of some big US investors.

To add insult to injury, JLP are selling off LWP bit by bit to an unnamed buyer. Clearly someone has the capability to process it, just not JLP.

With regard to social media 'likes'. I'm more interested in who, rather than how many, are viewing.

140p puts ITX market cap just below £20m. Hmm, double it to 280p and it would be nearer fair value.

I see the resident man-child is name-calling again.

China have agreed to restrict import of fentanyl pre-cursor chemicals into US. This should hopefully provide some certainty for importers of chemicals into US. It could be the reason for today's rise in sp.

https://www.msn.com/en-gb/news/world/china-announces-restrictions-on-chemicals-after-deal-with-trump-on-fentanyl-tariffs/ar-AA1QajfA?ocid=msedgntp&pc=LCTS&cvid=69124a6b966f4502a10ef40ba2f118de&ei=16

@Rickygib, I agree. If ITX can maintain revenue growth then earnings go straight to the credit side of the p&l account, the fixed costs are relatively unchanged (other than raw material cost). I can see a situation quickly developing where current market cap starts to look ridiculous from a PR ratio perspective.

They say that the market is always forward looking so the upcoming TU may be just the catalyst needed for a re-rate. I'd like to see JS doing some sort of investor roadshow once breakeven has been achieved. In a world full of frothy AI stocks, a cashflow positive ITX is compelling in terms of portfolio diversification, ecofriendly, MAGA - American jobs and with a transparent business model. Fund managers take note.

The cheerleaders on this board like to regurgitate Leon's announcements as proof of what is going to happen soon. Christ, how many times to you need to get bum hurt before you realise JLP announcements have zero credibility. I'm calling it now; this imaginary mining partnership will never materialise. This is another IRH in the making. Delay after delay before the company finally admit the so called partner took one look around and made for the hills.

That £8K buy was me. I may add in the coming weeks if it stays around £1.

I've been out since they got rid of the low margin business (at the time it raised questions for me whether there was sufficient margin to support a distributor route to market). Anyway, that's in the past and with the on/off Trump tariffs I didn't feel inclined to buy back in. This weeks meeting between Trump and Xi encouraged me to buy. I'm sure Trump has more surprises up his sleeve but we may get 12 months of relative calm?

The positives have been well discussed on here already. Revenues continue to grow at pace and breakeven expected some time during 2026. Will there be a re-rate? Also, historic chart suggests current share price is a relatively safe entry.

Bought my first shares the day it was listed in UK market. Averaged down since. Breakeven 1.2p. Almost there. Also I'm 55 next year so I can get at my 25% tax free SIPP. If NFM get to 4p within 6 months, as per the research note, I can retire.

And yet Roan was the flagship tech on which the strategy for turning waste to $$$ rested.

The business model just about worked if processing chrome for a fee that covered working capital then extracting high value material like PGM for the profit. But as a concentrator of copper? Not so much.

Sending our champion Shuvlin into battle; what could possibly go wrong? What cutting analysis will he conjure up? Please go easy on JMK Shuv. He is no match for your critical thinking skills.

We could have a big Jim Bowen style reveal. The giant dart board revolves, "Ah lads, look what you could have won".

Other REE plays include MKA and PRE. Market caps £220m and £500m respectively. Both companies are 5 to 10 years further along than NFM but with a current market cap of £15m there is clearly huge potential if the resource is there.

The catalyst has been the Chinese want to use their near monopoly on Rare Earths to pry into who is using what in which applications, this includes military applications. Clearly unacceptable for US so an ability to source and process REE moves up the priority list.

https://www.msn.com/en-gb/news/world/china-has-the-world-in-a-1tn-choke-hold/ar-AA1OvPu8?ocid=msedgdhp&pc=LCTS&cvid=68effcc742ed4a7a800eff183d56ffe4&ei=34

Suddenly everyone is talking about REE, just in time for NFM to make the headlines with their maiden drill at Harts Range. I think we are still under the radar but this could blow if the drill results are good.

As mentioned before, Chrome One acquired a sufficient percentage of the shares to vote through their acquisition of the South African business. Now that that is done and dusted they are offloading. Hence the large trading volumes. The price is holding up because Chrome One have an open 'put option' at an agreed price. Of course for every put option there is a party with the corresponding 'call option'. Once the trade is closed I expect the other party to offload the shares into the open market. I expect a significant drop in share price when that happens. Its possible the seller can offload the shares in a more managed fashion in which case I'd expect a gradual decline. Either way, this is not a share to be in for the next twelve months.

Gotreal our "bedroom barrister" likes to use phrases like "legal document" and "libellous posts". Please can you tell us; what is a "legal document". Are JLP RNS released by the high court?