Member Info for MrH_m

Having re-read more carefully, my understanding is the key bit from the term sheet – EME still get:

- 8.5% of the farm-down money (the $16m not $55m!!)

-8.5% of the project going forward

So a bit of cash now, no more funding risk, and still riding Mako long term which is still positive, but obvs we need an RNS from EME to confirm their side of things.

Still better than getting kicked out with zilch!

Agh yes my bad - read it too quickly!!

When we release the RNS I’m expecting this to head towards 0.2p in the coming weeks. A quick spike back to 0.1p+ is my initial feeling but who knows with AIM?!?!

A few of us predicted end of Jan so happy days - this reads very positively to me, so fingers crossed the sp will react accordingly over the coming days / weeks :-)

Tomorrow will be very interesting indeed :-)

It’s basically a settlement to end the dispute and move Mako forward cleanly with Nations. The forced withdrawal gets dropped and everything rolls into the farm-down.

Big thing – EME isn’t being bought out cheap. Our 8.5% is being settled in line with the project value as Nations money comes in.

First tranche alone is US$55m which puts around US$4-5m to EME, with more to follow as milestones are hit.

So it’s not some £6m and done job. It’s tied to real funding and real development.

Dispute nearly wrapped up, funding sorted, Mako moving ahead. Market clearly hasn’t caught up yet imo.

Https://hotcopper.com.au/threads/ann-binding-term-sheet-for-duyung-psc-settlement.8996920/

That’s a fair point - EME did say they are considering other projects so this isn’t all about Mako (so they say)

100%

Prob just 'you know who' selling his 18.1m 'top up' shares ;-)

Another one of your ‘top ups’ ?

not at all - you arent excatly honest now are you. to suggest you have been here 'adding' when you are clearly trading this share to feed your main dog **** share is a plain lie. its clear for all to see you do you, it makes no difference to me, but dont lie and try and mislead others

Don’t assume others are ‘stupid’ sir mark

He’s already sold @med - he comes here periodically to day trade 👍🏻

Exactly @Fell - we all know he hasn’t ‘added’ 😂😂

Morning all - still here, but got tired of reading all the AI generated posts 👍🏻

Such a dirty mind 😏

My guess was end of this month / early Feb and I stand by that

Conrad up 10% last night. Maybe…just maybe…

Jack - a quick read of your posting history suggests a different story entirely