Member Info for mikey9997

"approximately 4 weeks", not 4 weeks.

In or out, there's nothing anyone can do but wait currently.

That's interesting flight, I've also just looked through your posting history and it seems to be 90%+ posts slating EUA. The share is suspended your time maybe better spent elsewhere. News lands when it lands.

Oh has Akers discussed his intentions with you directly? I'll relish the opportunity with $6m or possibly more coming in only a month or so away.

Any number of reasons for Akers to sell, other cash calls, wanting to diversify after a long period of underwhelming share price. None of that takes away from the fact the MFAI will have $6m or more equiv in listed shares in a month or so and that amount undervalues this £3m MCAP company by 50% without taking into account any of the other AI related investments, including ~20% stake Getvisability. Happy to wait for IR IPO to come to fruition in the next month or so, who knows what other value realisations might happen in the not too distant future, this will look even more undervalued in the short term I suspect.

It's pretty clear cut investment decision for me, $6m (potentially more) of liquid investments when IR lists on Nasdaq in September. Values every thing else in the portfolio including Getvisability at zero. We all know Getvisability isn't worth £0 given recent tie up with Forcepoint and OpenAI (ChatGPT), more like tens or hundreds of £m. Current MCAP £3m. I'll wait thanks.

Or a pre-IPO NASDAQ listing through Infinite Reality shares - I wonder how many millions they will raise as part of the IPO? I suspect the valuation will be higher than the $5.1B private raise making our $6m even more. Not only does that undervalue MFAI by nearly 50% currently, it also values all the other investments in our portfolio at £0. GetVisability's recent partnership with Forcepoint on a "revolutionary" product integrating ChatGPT OpenAI API demonstrates to us that they are definitely not worth £0.

Earl - you do seem to be getting the relationships involved a bit confused here. If anyone was to buy GetVisability it would be more likely to be Forcepoint, as it what allows the integration with ChatGPT Open AI and uniquely classify data. Either way, much larger companies reliant upon much smaller companies tech tends to result in takeovers (hopefully at a significant premium). I'll wait for that.

$6m or more for just one of our investments in around a month. £3m mcap. Doesn't take even take into account multi billion$ company using Getvisability platform to integrate with ChatGPT in a "revolutionary product" Yes. Nothing to see here. I'll just wait thanks.

There was no rise on Friday on the back of this. Nice try though.

What exposure do we have to Forcepoint?

Remember, the current deadline for listing is late September, however following the recent acquisition of Land Vault and raise at a $5.1 billion valuation, I fully expect IR will be pushing hard to complete the IPO as soon as possible. There will be a lot of interest I suspect.

Absolutely , NASDAQ listed, AI focussed stock, I can name another such company at a $3 Trillion MCAP.

"Not taking into account any of our investments ONE of our many investments is worth ATLEAST $6m, which we'll have the option of realising in a couple of months time", Mr market "meh, I value your WHOLE COMPANY at $3.0m."

You are missing nothing, that's exactly how I see it currently. Presumably the market is concerned by the fact this is a percentage of a percentage in IR, rather than a direct holding. But I don't see it that way. If IRs valuation does IPO and continues on this trajectory (much like other AI focused stocks like NVIDIA), this will be a very rewarding investment. Not many other ways to get exposure to an AI NASDAQ company, on London market, pre IPO!

Already chronically undervalued, all that is needed is to wait for IR NASDAQ listing and this will go far higher. Deadline is September but could come anytime.

Admittedly, there are not many shares on the London market that can give exposure to an AI focused, pre IPO Nasdaq listing. Potentially the start of a transformation of fortunes for this company! Landvault would not agree to an all share deal unless they were pretty confident the values would go up on an Infinite Reality Nasdaq IPO!

Company mcap now £2.5m, shares worth $6m, completely discounting all other assets and cash - work that one out. AIM for ya.

Been here for years, why would another month or so if suspension put me off? Lets hope we are nearing end game now.

To follow up from the below. The Kara Balta uranium refining plant, 60km away, has just been recommissioned by presidential order. He has demanded that "the plants facilities be restored for fully-fledged work with uranium." Potentially even more good news for this project!

Just a reminder: " The State Reserve Committee of Kyrgyzstan had previously granted an application for a mining licence in January 2019 (the "Mining Licence") for 3,371.1 tonnes uranium reserves (8.731 million lbs uranium 308) which had an in-situ value of approximately US$253.1 million at uranium spot prices on that date. The uranium price has since increased fourfold from approximately US$22/lb to approximately US$86/lb.

· The Project offers a potential exploration upside of an additional 2.58 million lb of uranium from a partially explored zone (subject to being brought into a compliant resource), plus as yet untested prospective ground.

· The Project was intended to be developed on an In-Situ Recovery ("ISR") basis providing for lower initial capital outlay and operating cost of production. The pilot using this technique was completed and reported on in the Competent Persons Report ("CPR") carried out during the Company's due diligence of the Project in 2019 and can be found on the Company's web site www.metalnrg.com

· Infrastructure around the Project includes road access, together with electricity and water supplies.

· There were three uranium refineries within 550km of the Project before the ban was imposed, the closest being at Kara Balta, 60km away, demonstrating that the region was familiar with development of uranium production opportunities. There will be a need to establish the current state of these refineries before decisions can be made on how and if to progress the Project.

· MetalNRG's internally estimated NPV of the Project is approximately US$250m (based on current prices of US$91/lb for U3O8). The figure is subject to revision after the reversal of the uranium ban comes into force.

· Based on the previously completed CPR and internal assessment, the estimated initial costs to complete the build-up of the operations, CAPEX/OPEX, is around US$11 million. Further validation of this figure will be required to determine the best way forward."

Company owns 9.9% with an option to acquire 51%. Current MCAP £4m currently. Huge potential here without an RTO even being considered. Very excited to see the new figures based on current Uranium prices. Analysts suggest Uranium is entering a bull market over the next few years albeit a small consolidation from the recent highs (which typically takes place over the summer months). Hopefully by the time it reaches production the financials will be even better. The IRR could be insane!