Member Info for Magpie1862

Looking at the time of the trades the bid was never above 37 so for that amount and price I would think buy?

Go Bi sorry did you even see what happened. It went to arbitration and the independent verdict was delivered of 87.5 million USD valuation for the 15% share. Yes still in arbitration but With Conrad refusing to pay this valuation the deal collapsed. I think they will have learnt to give a fair valuation of the 8.5% share to prevent any law suits and potential for the deal to collapse. Also that valuation was prior to GSA and Further de-risking if farm down agreed.

You try to put useful info and reasoning out there and then you get the most idiotic comments like that from LuckL please do some research even just on the basic stuff of how a farm in works.

Sorry D123 you lost me with that comment. Any farm in of course will bare future costs, maybe not 100% but close to otherwise Conrad would not entertain the farm down proposal? Which means in layman terms EME gains all future rewards with having to pay further funding for the campaign?

To the multiple posters who ask how this benefits EME?

In a typical farm down the farm in company pays for a share of the project by funding a disproportionate share of the future costs. Best case scenario a new farm in company may agree to pay 100% of the costs in order to say take 20-30% stake.

How does that benefit EME? EME's 8.5% share of those costs would be paid for by the new partner(s) meaning EME get a free ride on its stake at no extra cost, preserving their cash reserves and avoids any need to raise money through dilutive shares = Partaking in a high cost, high reward activity without spending any further money = WIN WIN. It also means any new farm in partner will have done significant due diligence which reduces any technical risks of the project, = WIN WIN and a definite re-rating of EME SP. GL all.

Nothing the history to say this would be bad news. Each RNS has stated pending the COMPLETION of the Farm Down agreement. Obviously must involve multiple parties with complex transfer agreements!

Securing a facility with a major bank like HSBC is not easy. The fact that HSBC agreed to this, and even increased the amount from the previous facility shows that a sophisticated financial institution has done its due diligence and believes in Fevara's business model and management team.

To me this can only point to one thing:

They must be finalising a multi party farm down and all the related transfers, regulatory approvals and terms etc. and sufficient for ASX to agree the announcement will be a significant price moving announcement.

“There has been a lot of positive momentum around Alludium right now. The Web Summit launch, funding & partnerships and investor interest all point to a well-executed go-to-market strategy. While it is still early, the fundamentals look promising and the team seems to be making the right moves”

When I joined LSE I thought oh get some great research and educated points. Instead 80% is people using it as social media platform for confrontation. Grow up kids. Either invested or not? If invested happy for you to share the reasons if not invested why act like kids looking for arguments! Surely you have something better to do with your day?

Not lost anything yet Magic, until you hit the sell button :-)

It seems a lot related to Jensons posting have disappeared probably due to very misleading information!

A lot of mine have disappeared? Not sure why? Not been a naughty boy as far as I know!

I must agree John could have made more of an effort in his appearance :-), anyway on the positive front worth remembering from the 2024 Web Summit 200 start ups received substantial funding within less than a year and Alludium was selected for the Alpha Track Program only those select few with high potential. So basically what ever is posted here it is a sit and wait for news position!

Test

Hi Pk where was that comment from? Cheers

People getting carried away awaiting news but just get back to basics on the investment

The GSA provides for a total contract quantity of 392 BCF/392,000 mcf for the PSC term until 2037 . Obviously prices will fluctuate but say US7/MCF = total revenue US 2.744 bn. EME 8.5% Share of that = US 233.2 Million! Not going to bore you with Capex and Operating costs etc. but say worst case scenario with current shares in circulation say US 100 million still = 2.7p per share and base case say US 150 million = 4p per share on the GSA Alone. If the news is farm down this de-risks the field massively ,this is not a buy, hold or sell recommendation. But maybe some folks are underestimating how transformative this could be for Conrad and in turn EME especially if a take over bid! as all this will have to be factored in. IMHO

As you tried to mislead the board at 08:36 for your own gain as you are now. Go away Littleman, credibility down the drain,

Hey all

I have had this on my watchlist for a while, not taken the plunge yet. But can anyone give good insight as to why MFAI is trading well below it's NAV? As at one point NAV was 2.7 but SP was 0.775? Just wondering what is driving the discrepancy? Cheers.

A resource upgrade is positive, but until Ariana converts exploration drilling in to mining/production it will not move the SP significantly and probably investors wary of potential future equity raises to fund this? But saying that positive progress.