Member Info for Malpenn

RachT2 can you please enlighten us with the factual information for your option.

Most people today as using AI agents to consume all RNS's, financial reports and wide range of data sources.

Then you can quickly query an AI agent/assistant based upon all web information to ask questions based upon regulatory information.

Without supporting information peoples views are worthless

Https://x.com/avacta/status/1980564683846480362?t=vkm8TS1_dVOqibk8YpO9EQ&s=19

They raised £1.2 million

After the shut down of most of the payday loan companies, there is certainly a gap in the market for a technology focused lender.

Open Banking is nothing new but it's a technology that the FCA were trying to push into the payday lenders but at that time they were mostly hitting the wall.

Will be interesting to see the progress of the company.

Look at all those 25 Millions going through now...

5.4%

Multiple buyers today 😀

Bally I can only point you in the direction of Andrew's post on X.

No one has said it's PREM related but those who can see a potential upside will be hoping that this "could" be connected to something positive

https://x.com/AmonkMonkey/status/1874132765974593770?t=628ZiSNw2ZeiuByraztA_A&s=19

George did say he could get a loan against the shares without placing them. I know George has said many things which haven't materialised.. however we can see on "X" that Andrew Monk from VSA had flown out to Zimbabwe on New Year Eve.

Fingers crossed that a loan has been provided for the reagent team/work and running the plant later this week 🤞🤞

Premier and Canmax have agreed that in respect of any prepayment amount plus interest which remains outstanding on 1 April 2025, and in the event that Premier has not delivered the required product or provided cash settlement to settle the prepayment amount plus interest, then Canmax will be entitled to receive, as settlement of the outstanding prepayment amount plus interest, a direct interest in Zulu Lithium based on a project valuation of US$100 million which more accurately reflects the capital investment in Zulu to date.

Hasiba the holding would not be in PREM.

Canmax could opt for 50% ownership of Zulu, have a read through the last RNS.

They would still hold their 13% ownership of PREM as per off take agreement but their prepayment debt would be reduced to zero by taking 50% of Zulu.

In no way I am now supportive of GR, he is responsible for the current state of PREM.

However... are we seeing some changes which will actually benefit PREM.

This is the longest time period he has held onto shares held in treasury.. Is something slightly different in the making.

Come the 1st April 2025 we could see Canmax become our 50/50 JV in Zulu, this potentially brings a wide range of benefits and also our debt to Canmax is repaid.

MM's are hungry for shares.. they will take large numbers in a single sale this morning. Little bit strange when 15 billion shares "could" hit the market soon.

Sure this will attract the usual comments of GR can't get a placing away. Or the placing will be done at 0.000000002 to scare people.

Interesting to see what happens !!

Https://www.reuters.com/business/energy/bp-iraq-deal-kirkuk-fields-use-profit-sharing-model-2024-08-20/

Yes because it's a "BP and the Iraqi government signed a preliminary deal on the technical terms"

But the commercial model is potentially based upon "profit sharing" instead of their previous model of very thing margins for the operator.

This way of thinking is a positive signal.

Https://www.reuters.com/business/energy/bp-iraq-agree-technical-terms-redevelop-kirkuk-oil-fields-2024-12-19/

Https://www.semafor.com/article/12/08/2024/murdoch-shops-for-podcasts

Https://www.voxmarkets.co.uk/articles/the-exchange-with-richard-crow-2f7bfd4/

Audioboom 33:50

Worth a listen

Interesting to see that 2 x 5 Million Buys have gone through today.

Fun and Games going on !!

Escape to desperation.. Your 77 post history solely on ENET suggests you have always been negative on the company and have no understanding of the technology.

You have no idea of how complex it would be for Tarana to replace the functionality that ENET provide, not only to developing future solutions but also to service/support existing deployments.

You don't just one day decide to replace !! They may have a roadmap to re-engineer if possible but they current solution is shipped with ENET technology embedded.

Any of ENET's existing customers could come in with a takeover price, especially the OEM's who are currently working with ENET. Don't forget the functionality has already been tested by the customers and the ASIC opportunity is porting existing technologies.

Cash flow is challenging but the current market cap is beyond crazy when you look at the direction that 5G is bringing to the industry which makes ENET relevant to the currenr OEM's.

Yes it's a risk but this is small cap and all these companies carries a risk /reward profile.

MM games... They will take 10 Million in a single go !!

The teleco customers that ENET are working with have already tested the UEP platform, so the customers know the technology works.

I think our new investor can see the present market cap and realise that either of these customers could simply acquire ENET and have a unique technology within their platform to give them a competitive advantage.

It's a process...they need regulatory approval before the formal contract announced.

Today's news is significant and indicates that funding has also taken steps further.