Member Info for Mooching

Good morning ex MNRGers, and welcome to Atlas, a God like share if ever I saw one...haha

Well said Roadrunnr

Seen a lot of new monikers on here in recent weeks, jumping on the news and then venting their frustration as they've not been able to 'flip a bag' in a week or less.

I know I had a little moan the other day, but I think after spending over 3 years here accumulating, and then watching the brakes applied, I'm entitled to.

It's this casino mentality that causes most to lose money, lacking patience and chasing losses. Continuing the analogy, Brokers hold all the aces, all you can do it stay at the table and protect your stake until the time comes. It's coming.

Just a reminder that whilst we've had the consolidation (that many are saying is to attract inst's who can't invest in 'penny shares') it's not until we we become Atlas with the £30m+ mcap that they can buy. It's not the share price per se, it's the mcap threshold that allows fund managers and investors to invest other people's money.

So will be interesting to see what interest we get later this week when those conditions have been met.

(PS chunky buys again this morning and tiddling sells. Still believe we're being held imo. DYOR)

Lordmakealot

The ticket will AMG

Aaaannnndddd she's off....

+10,000% for starters haha

So what are we thinking on resumption of trading, insti demand driving the price higher or the bus being held for them to get on?

Or will we need to wait until next week for #AMG to start trading proper before we can see where the market really thinks this should be?

(My trading accounts looked good this morning with my original holdings multiplied by 40p, thought I'd won the lottery...lol)

Tomorrow

"Admission in respect of the New Ordinary Shares will become effective and dealings in New Ordinary Shares will commence on 6 December 2024."

Tuesday

"Company intends to change its name to "Atlas Metals Group plc" to be effective on 10 December 2024. The Company's TDM will then change to "AMG". A confirmatory announcement in respect of the name change will be made on 9 December 2024."

And to think some were selling below .39p earlier!

No courage, no conviction

Make5Mil

...is what you get", exactly, and that's why I'm still holding.

As you say, this should be .7p by now.

As Annie said, tomorrow is only a day away. Let's see.

Just to add, I started buying these at neatly .7p all the way down to .04p (when the mcap was (c£300k!) Because I could see the value, although I always had my doubts about Rolf.

Now, here we are, on the cusp of being a profitable copper producer, still holding a multi-million $ Uranium asset, Goldridge and the price basically hasn't moved since the RTO was announced.

Ok, I get the mcap increase we're about to see is funded by CLN and another fundraise and our existing holdings will represent c38% of the whole, but is 38% of everything I've outlined above still only worth £6-7m, really?!

I set myself a target of not selling any until I get at least 1p (£1) and I maintain that position.

No, I'm not worried, I'm frustrated at what appears obvious to me.

I added another chunk last month (£7.5k) to my already significant holding and haven't traded it, I continue to hold.

Do I think there's a premium here, yes.

Do I trust the Bod, yes.

Do I think there's games being played here, yes.

Just tired of seeing me and others invest only to see our potential gains limited because the 'big boys' don't gamble, they only invest in sure bets. So when one of your punts comes good, it's held while the pigs can gorge themselves on the trough.

PI's risking their capital and the pigs skimming the profits.

Just getting tired of it all now.

Do we really think this is still only worth .4p (£6m)?

21 trades, 2.9m sold, 2.7m bought. Thin volumes and significantly down again. Followed by late reported trades that will eclipse those trade volumes above!

I saw a news report earlier in the week with a spokesperson from Peel complaining about how London is now so unattractive to IPO's and new money.

It was a bit like reading an article about a wolf complaining he didn't have any sheep as friends.

These markets (especially small cap) are an absolute joke.

The issue of poor equity valuations in UK markets has been going on for years.

It's all mates rates, P&D, lifestyle companies etc.

I'm stuck here (and with others) until I get my money back and them I'm gone to.

As a film character said it's all fugazi, and I'm being polite.

This is trading equivalent of the school bully holding your head underwater until you hand over your lunch money.

I never give in to bullies!

Wonder what size of delayed trades appear today. I'll wager they're massive again?

Agreed, all I can see is buys and the price not budging?

Don't know if there's still a big seller in the background.

Either way, not long now to the big reveal...

Been watching this for years, it's about time stock holders called him out, and said no!

He's taking the pi55

Take 'Jan tomorrow' to another level.

“Price is what you pay, value is what you get.” One of Buffett's most famous quotes highlights his focus on value investing. He believes that it is more important to focus on the value a company provides, rather than simply its stock price.

Zzzzzzzzz

Ukraine ain't gonna get NATO membership, or even a path to membership, unless there is a conclusive peace that all sides and parties are in agreement with. And that's best case.

Zelensky is struggling, yes, so is Putin, but Zelensky knows his position is about to weaken with Trump in power in January.

Add to the mix that Putin is about to lose Syria, is severely weakened at home, in Africa and the economy is on it's ar5e, China could do without the distraction, time is running out for all.

Whatever the outcome, we're looking at a few short months at most, if not weeks, for a conclusion to the 'SMO'.

Both sides are spent.

What useless waste of life all this has all been!

Hopefully Putin will be gone soon too, as a result. Let's hope some sense prevails in Russia and they decide on a route of prosperity, ambition and not someone who's bent on doubling down on the delusion of a neo-Soviet Empire.

So, didn't turn out to be FOMO week afterall, but then when you see 40m shares bought Wed, dropped in after hours on Thu, on a subdued peixe, you know games are being played here.

Well, only a few days left...

Tick tock