Member Info for MCNol

'MREX have been working this for months as we know.'

WE do not 'Know' this. MREX are a MM and like other MM have a role to play. Your suggestion that they manage to act improperly in a heavily scrutinised market is disingenuous at best.

we see your agenda Blubay, please give it a rest with the subtle de-ramping and return to sensible and logical arguments.

We can certainly see who wants in at a lower entry and who is invested here. Why do gamblers and some Traders feel the need to behave in this way?

That is not how Institutional Investors would see it 2GtD. They are not interested in having a larger share of a MCAP in an AIM listed company, they are interested in making money.

For example taking their 20% at 0.5GBX (as you put it) and then hoping the SP recovers just to have a % of shares issued is far riskier they would be betting that the SP recovered from those lows. Taking 20% at 3p is less risky and gets you more money from the start.

what would you want, take 20% at 0.5GBX and hope for the best or,

take 20% at 3p and get a tidy sum with no crossed fingers.

Notwithstanding the fact HE1 can pay in cash or shares...

Put yourself in the mindset of an Institutional Investor. What scenario looks better to you?

a. make 20% if converted at 0.70 GBX = 0.14 GBX (x10m = 1.4m)

b. make 20% if converted at 3 GBX = 0.6 GBX (x10m = 6M)

The figures are there for all to work out...

The RNS states

'The Investors may elect to convert the £10 million Advance into ordinary shares ("Ordinary Shares") in the Company at any time and in any such proportion as they so choose upon delivery to the Company of a notice of conversion ("Conversion Notice"). The conversion price will be an amount equal to 80 per cent of the higher of: (i) the lowest single daily volume weighted average price ("VWAP") in respect of the Company's Ordinary Shares during the 10 trading days immediately preceding the date of the Conversion Notice; or (ii) 92.5 per cent of the VWAP for the 10 trading days immediately preceding the date of the Conversion Notice.'

The conversion date could be the 6th (if approved by shareholders) or any time in the following 12 months.

The company can pay the amount in cash or shares.

So please stop telling people the worst case scenario Blubay as that is very unlikely. The Institutional Investors are far more likely to want to convert when the share price is 3.7p for example (which is the analyst price for this share in this financial year 2025-2026).

Blubay, it is not an EGM it is an OGM…

I may have caused a liquidity issue, sorry Wimbledon...

*beat Wimbledon

Ha ha, I think I might been Wimbledon to that, it seems rude not to buy more for LTH and trading at these prices...

How many times are you going to re-iterate that Blubay, it is getting somewhat tedious...

And FUBAR? Maybe that explains the new ID's and rapidly banned ID's that keep popping up?

The Troll is talking to themselves using different accounts....you could not make this stuff up...

MIA along with FUBAR and Punter? Thoughts?

The CPR is based on the facts obtained via research, EWT etc. It is not based on a Feasibility Study. It is a Competent Persons Report based on knowledge experience and facts.

At these prices people will be trading the hell out of this share so who knows Blubay?

I am sure you want to tell us your thoughts...

Its a hot stock again, 120 trades in 10 minutes, its gonna be a great day for those with deep pockets to grab some very cheap shares...🕶️

O bought a few after market, this is just too good to be true, never mind the Retail Offer, we are getting a sneaky 20% (ish) now!

Interesting that PEEL did not change their BID/ASK at all since pre-market...Now why could that be? They were the outlier along with JBER.

You are a little premature Dustbin. The RFA need to be finalised before any such investment from TZ would be announced.

Thanks for the support Basil and of course I agree with you.