Member Info for mafioso

Anyone got any idea on approx timelines for news on any of these discovery wells?
Is Dec realstic?

Can’t stand them.
They need to F off now with all their selling…

It will get a lot more sillier if he doesn’t deliver.
First interview with Sharetalk on 1st day back from suspension.
Russell explicitly states in one of his many publicly stated target, 30 days to remediate road network to mine and put in a new fully functional comms network eg phone , Wi-Fi.
By my reckoning then this should be completed and announced within next week or two, but let’s allow him till end of mth so we give him some leeway…..

RNS -30Mar - talks about terms of agreement with Crescita

Cloudbreak Discovery Plc (LSE: CDL), a leading natural resource project generator, announces that it has elected to draw down £750,000 of the £10 million Equity Drawdown Agreement with Crescita Capital LLC ("Crescita") entered into on 16 February 2021. The shares have been issued at 6.25 pence per share resulting in 12 million new ordinary shares being issued.

The parties have agreed to vary the terms of the original agreement. If, within six months of a relevant allotment of shares under the Equity Drawdown Agreement, Crescita completes the sale of any of the ordinary shares in Cloudbreak issued to them (or their nominee(s)) pursuant to an equity drawdown notice the following provision shall apply: If the aggregate sale price is less than 110% of the aggregate subscription price paid by Crescita to the Company for such ordinary shares allotted and issued pursuant to the relevant equity drawdown notice (the "110% Price"), Cloudbreak shall make a one time payment to Crescita for the shortfall from the 110% Price in ordinary shares or cash at the discretion of Cloudbreak.

So does this mean are we expecting Crescita to get a windfall of free shares now from this first drawdown to compensate for huge loss of value?

So the company has completed 2 placings raising just over £2m and alongside that has also chosen to do 4 equity drawdowns totally c. £1.5m as far as I can tell. The last 2 drawdowns of £180k each done in Sep where SP has been declining to all time lows.

Thats a fair bit of cash being burned through relative to mcap

That leaves £8.5m equity drawdown facility left which is currently more than the mcap!

So are we expecting more drawdowns in Q4 with sp at all time lows?

Is this indeed necessary / does the CEO need the funds whatever the sp level and the impact to shareholder value and indeed shareholder perception? Or or has the company got enough to get on with now and can wait until more value driving news developments arrive to drawdown more funds

The timing of these last 2 equity drawdown done so close together with sp so low is either of a CEO in desperate need cash or one not really considering shareholder value near term

Either way it’s not a good look the way this has been handled when sp is now at all time low? CEO needs to take some accountability here and explain actions

It’s not enough just to tell “the story” in a podcast . shareholders need to have more detail and transparency as to understanding what these funds are being used each time they get demanded for via RNS, especially when it’s share and value dilutive to shareholders near term.

Let’s have a decent interview which drills down where this company is really at right now

Got no time for lifestyle CEOs who have gift of the gab.
There are many out there, let’s hope this is not another to add to the pile…

Someone felt the need to cash in their 10p warrants, but at least majority extended.

Next - let’s see if Russell now increases his holding to 29.9% as publicly stated on last interview.
We are in an open period so no reason not to buy at these levels to Instill confidence in his overall strategy, especially when £2 is his long term target. Plus his cornerstone investors are in @ 20p
Liquidity looking low currently, so shud be easier to accumulate during quiet period
Or is he holding out to buy even lower?
Trader mentality or CEO mentality
Let’s see if his own TR1 comes next in RNS chronology

ok - next up are those 5 / 10p warrants that are due to expire in Sept
Circa 7m in total split 50/50 worth just over half a mill in total to company coffers
Either they get extended by 12mths or chips get and shares diluted or they expire on 29 Sep

Aha we have some life and wow what a snappy response too.
Sound like I have a stalker in my midst.
You seem to think you know me, but alas I don’t know who you are
Pray tell Monsieur / Madame,.
I have merely sent round a tweet with a Daily Mail article highlight a high likelihood of relist this week. Given it been 16mth suspended it’s welcome pickmeup don’t u think?
Making baseless accusation about me harassing the CEO and implying that i’m inhibiting him from doing his job properly and help cause this protracted suspension is quite frankly comical and slanderous
You sound very paranoid or worried individual if u think like that and u need to chill a bit . a break might do you good.
Like most astute investors I have had direct conversations with the ceo that have been civilised and constructive. Presume you have too?
I have total faith in the mkts, when this comes back to reliat.
ATB

https://twitter.com/davidburton1971/status/1566305470956146688?s=12

Any day now….

https://www.mining.com/web/china-lithium-prices-near-record-as-power-cuts-squeeze-market/

https://www.businessinsider.co.za/elon-musk-entrepreneur-advice-lithium-refining-like-minting-money-2022-7

Sharing some luv

Very quiet on here.
Are we not expecting some newsflow from this company soon?
Def needs one.

What’s with all the 250k trades.
Are they buys or sells?

Huge buy this morning.

Are we expecting a trade update this month?

Are we expecting a trade update this month?

So much for recycling plants being operational and generating revenue from July.
Let’s see how many more false promises Robin makes to the mkt going forward or if he can understand the concept of under promise and over deliver.

I do tend to agree that the BoD has been a bit too over zealous during interviews banding about switch-on dates of these recycling plants when they didn’t make it clear at the time the pre-requisite need for sign-off from an. external agency.

And as this is now the second deadline mth they have gone public with for opening for the first plant and in which we are now almost halfway thru, the mkt is now testing the reliability of this claim with the current price action imo

I think our friend here is trying to explain the current price action by alluding to the fact that he believes a placing is coming to finance the US and Spain exploration projects

whilst this is a possibility, there was a recent interview conducted by Stockbox. And the COO of TM1 and he confined they had sufficient cash reserves to fulfill the exploration plans for 2022.
He also reiterated that the company was in discussion with a number of majors with view to JV and farm out the projects at the feasibility and mining stages.
In addition, there is also the imminent opening of the first recycling plants which will be immediate revenue making and cash generative from the get go and these funds can further supplement any further exploration licenses if required.

So based on this, I personally do not believe a placing is imminent or required at this stage to raise funds, but if it does come to pass then this won’t look great at all on the BOD regarding their integrity in what they have been saying in recent public interviews.

I’m still hopeful for some news news confirming the recycling plants becoming operational some time this month, but this decision is still largely out of their hands and rests with external agencies, so we will have to wait and see

Very quiet on here….

Anyone expecting these recycling plants to become operational this month?

Interviews back in May intimated plants should be operational by July and were not reliant upon obtaining ISO certifications as pre-requisite beforehand .

do we reckon this is still the case or are we still few weeks / mths away due to other factors eg obtaining sub licenses?