Member Info for MrH_m

I wonder if this is the first of 2 RNS’ to be released today

Yes. Clearly a company with a strong future 👏🏻

100% - I don’t mean to sound harsh, but Blueroad is literally clueless, and I don’t often say that often on here. At least the ‘proper’ day traders bother to research the stock before posting. It’s there for all to see. GLA

He sold at a loss and is trying to buy back in at 0.05p to get his paper round money back. Kids deluded 😂

Especially as they called 0.17p not so long ago - short memory:

BLUEROAD888

Posted in: EME

Posts: 131

RE: Delayed trades2 Feb 2026 12:35

I have added more!!!

LFG!!!

0.17 coming!!!! IMHO

Embarrassing isn’t it

The SPV needs to outline details of the agreed CLN restructure. That suggests to me that FID will follow after the SPV has been finalised and all parties have established their respective positions.

Realistically, the CLN restructure now needs to look something like:

- a minority share of EME net dividends (circa 30–35%)

- hard cap on total repayment (principal + interest)

- paid only from SPV/Mako distributions

- no conversion overhang

Anything much higher than 35% would just kill equity value and actually make it harder for the lenders to get paid, because the market won’t re-rate the shares. That’s not in their interests now is it.

The lenders don’t want Mako. That’s not their business model and complicates matter for them. They like simple. They are binary. They want a clean exit with certainty and that only happens if EME equity survives and rerates.

That’s why the CLN update matters so much. A sensible, capped structure is the green light for the next leg up - and that would be huge!

IMO we’re getting close to that RNS!

Anyone else have a different (sensible) opinion?

Would make sense that 👍🏻

What % do you think the CLN holders will agree Mitriti?

I should add - that would clear the CLNs within 10-15 years based on the numbers banded around by EME and Conrad. GLA

Let’s focus our minds on how we think the CLN restructure should look (because this is where the next re-rate really comes from). This is my take, appreciating we just don’t know at this stage (before some get excited):

Realistically, the CLN restructure now needs to look something like:

- a minority share of EME net dividends (circa 30–35%)

- hard cap on total repayment (principal + interest)

- paid only from SPV/Mako distributions

- no conversion overhang

Anything much higher than 35% would just kill equity value and actually make it harder for the lenders to get paid, because the market won’t re-rate the shares. That’s not in their interests now is it.

The lenders don’t want Mako. That’s not their business model and complicates matter for them. They like simple. They are binary. They want a clean exit with certainty and that only happens if EME equity survives and rerates.

That’s why the CLN update matters so much. A sensible, capped structure is the green light for the next leg up - and that would be huge!

IMO we’re getting close to that RNS!

Anyone else have a different (sensible) opinion?

Correct - most PSCs are 10 years then get extended for another 10 years - so 20 years is about right for the CLN restructure. Alternatively, they could say an initial 10 years with the option to restructure any o/s balance over the next 10 years following successful production extension. Either way, this will be producing well beyond 10 years!

Blue remains entirely clueless on most of his ‘investments’ sadly. One to be ignored (as most do already)

…and there will be 20 years to pay the CLN off!! They would prob quite like interest spread over that term, similar to how mortgage companies do

Exactly the point - until we see the restructured CLN agreement then it’s best peeps keep their mouths shut, rather than deliberately suggesting it’s all doom and gloom. They don’t know anything about the CLN or how it will look. But one thing is certain - we will all find out soon enough 👍🏻

It’s great to see!! LOL

They have missed the boat and are trying to scare others (who are already safely on the boat) into selling.

Pathetic really.

👏🏻

Oh it’ll get approved for all the reasons you state 👍🏻

MC circa £1.6m. Bid 0.30 / ask 0.35. 17% spread. That alone tells you liquidity is thin and exits won’t be easy.

There’s been no meaningful news flow for a long time and no sign of revenue traction. The share price can’t hold above the offer and drifts back on very light volume. That isn’t accumulation.

At this size, funding is always a risk. If they need cash, it won’t be done at a premium.

Zooming out, this has just been slow decline and investor apathy. Plenty of people are stuck waiting for “the RNS” that never seems to arrive.

For me this is dead money. Even if something positive appears, getting size out without hitting the bid could be difficult.

I’ve moved on. Others might want to ask what the actual catalyst is here.