Member Info for Muck165

This was posted in the advfn board. I’d not seen it before. It’s a Gulf/CAMM teaser from 2019 trying to attract investment.

http://www.pzim.ch/file_uploads/intro/1649_1_presentationtajikgold_teaser_11_09_2019-1.pdf

Just wondering if anyone here is planning on attending tomorrow?

Just gonna throw this in the mix, but I saw that recently AP reacted to a LinkedIn post from a high end jeweller in the Middle East

https://www.linkedin.com/posts/activity-7416402387919081472-4oV0?utm_source=share&utm_medium=member_desktop&rcm=ACoAAEuI5eIBooawepY_Ubn_CKcFOzTXAaBN1HA

May be absolutely nothing. Could possibly be we’re selling diamonds directly to them. From what I can see, they do buy rough.

I’m saying it would be legally possible. Whether they could get one away, who knows. They couldn’t do a consolidation (I don’t think) without a vote.

But if the headroom doesn’t get passed then the RTO vote, if we get one, becomes even more binary. Either vote for it and save the company, or vote against it and run real risk of prompt insolvency.

The AGM headroom would at least give us some fall back position should we decide to vote against the RTO.

Pilots and tests completed, new website, new sales team, new AdCp recruitment, increased media activity, talks of launches and being in the market. CIQ has definitely stepped up activity over the last couple of weeks. But when do we get news of actual sales…?

Yep.

By my reckoning we likely are running on fumes, so It’s the headroom authority vote that will be most crucial. If it fails, then we’d be left with trying to source emergency loans or selling more diamonds to keep the lights on. And the longer it takes to get the admission doc out and GM convened, the more money we’ll need.

Another post from CIQ this morning on LinkedIn.

“The AI future is here in advertising!

Agentic provides best in class for advertisers.

Connected IQ's agent for context in CTV is ready and in market..........................“

https://www.linkedin.com/posts/the-ai-future-is-here-in-advertising-agentic-share-7425514304348557312-OgE5?utm_source=share&utm_medium=member_desktop&rcm=ACoAAEuI5eIBooawepY_Ubn_CKcFOzTXAaBN1HA

for me

1 - yes

2- no. i want to give at least one protest vote to show how peed off i am with how the company has been run and how its board treats shareholders that have supported it for years. brian is the prime candidate - he has been at the helm for years (so overseen the **** show) and is nearly 90.

3. yes

4. yes

5. yes

6. yes

7. no - i am not going to support any bonus arrangement for directors that have treated shareholders like dirt, particularly when they’re asking for nearly double what they did last year

8.a hugely reluctant yes. i fear that without this comfort creditors may finally lose patience. completely agree on the utter lack of transparency point - we are being asked to vote on this in an information vacuum.

9. yes, but only because 8 becomes worthless in my view if pre-emption rights aren’t dis-applied. i can’t see how you can vote one way for 8, and a different way for 9.

Also need to remember that in Feb last year we raised and issued warrants, exercisable at 0.09p, so roughly 3x price now, but they (along with the further incentive warrant ladder they came with) all expire in August. They’re all worthless unless price gets to 0.09p.

And just some other thoughts…

We’ve apparently been speaking with major agencies and running pilots/tests for months, but no contracts have been signed (or at least announced). But wouldn’t it be cleaner for us and customers to wait until the option becomes legally actionable to do that?

We also need to remember that the option will cost £2m to exercise. Based on current headroom authority, only requested/given last month, any issue to raise that much would have to be done at around 0.039p. So you’d think the board would have some confidence that price would get to AT LEAST that level, otherwise they’d have asked for more headroom. Equally, if the option is exercised then Keith gets a fixed £2m on one side of his exposure, but suffers dilution on his 20% stake here on the other. So it’s in his interests to see the price rise ahead of any raise.

Still trying to get my head round things but honestly, waiting to sign big CIQ contracts until the option was exercisable just makes sense, and so commercial news could be on the way. That aligns nicely with the increased media activity and sales hires we’ve seen.

Or this could just be gumph!

Just an observation…

The first day we could exercise the option to buy all CIQ IP was Friday, the same day we saw significantly increased volume and price appreciation for no obvious reason.

Is this just a coincidence?

Big part of me says yes. Smaller part wonders if something might be in the offing and word has leaked.

As I say, just an observation.

Since November price has been below 20 DMA, and regularly bounced down off it. So it was good to see us move and hold well above it yesterday - it will be interesting to see if that continues. Maybe it will now become a support rather than a resistance. 50DMA isn’t too far away either; getting to and holding above that would be a true positive indicator I think.

Would just be nice to see the bid tick up in line with the ASK.

You can register your vote(s) online for the AGM at www.shareregistrars.uk.com Click on the “Proxy Vote” button and then follow the on-screen instructions. Please note that you must submit your vote by 11:00am on Tuesday 10 February 2026.

The resolutions proposed, with explanations for them further down, are here

https://www.vastplc.com/wp-content/uploads/2026/01/272770b-vast-resources-proxy-web.pdf

Hope that helps

And just a further point of interest

We know from the Pubx 2024 confirmation statement that both Halley and Keith bought in to Pubx, making Keith the second largest shareholder after Mole.. The 2025 statement, published Dec 2025 shows Keith increased his holding further, by around 50%.

Might have zilch to do with us, but it’s clear those behind us have significant exposure to Pubx and Pubx is fully behind AdCp, the protocol were helping to build and are recruiting engineers for as I write.

Posting this for interest.

Andrew Mole is doing a webinar next week on Agentic Advertising. Lots of links between Halley, Andrew Mole, and his Company Pubx, not least that Mole is the sole Director of 0M.

“ Join Quo Vadis on Thursday, February 12, at 10:00 AM ET when Tom Triscari interviews Andrew Mole, CEO & Co-Founder of pubX, in a live conversation about rebuilding the media value chain for an agentic AI world, and why AdCP and supply-side intelligence is the most consequential shift across programmatic.

Everyone is talking about “agentic AI,” but the industry is split on what actually changes: workflows, incentives, control points, and who captures value. Andrew will take a clear position on what is structurally different in this cycle, what previously could not scale in curated supply, publisher intelligence, and deal execution, and why AdCP is a revolution, not an evolution.”

I’m posting really because I have a tingling GFIN are progressing down the agentic route, and it’s notable that two of the 5 CIQ employees reacted to the post. There’s been talk of “launches”, so who knows.

https://www.linkedin.com/posts/pubxai_quovadisshow-bottomline-adcp-activity-7425147856627499009-fxtZ?utm_source=share&utm_medium=member_desktop&rcm=ACoAAEuI5eIBooawepY_Ubn_CKcFOzTXAaBN1HA

https://us06web.zoom.us/webinar/register/9717700634165/WN_4_aWoKifT8SKf_FwHr9Z4g?os=ipad#/registration

Certainly a promising start!

Taj may not have been at the summit, but it does nevertheless appear to be advancing talks with the US towards bilateral arrangements.

https://mfa.tj/en/main/view/18166/meeting-with-the-charg-daffaires-of-the-us-embassy-in-tajikistan

No doubt there are some friendly expense claims in there Pompal, although I think “sizeable” chunk might be pushing it!

I don’t know if I can share Hightowers view about trusting him - I’ve never met him. But he does strike me as someone who is driven and doesn’t like to fail or look foolish. And the fact remains that his real value is directly linked to SP appreciation which in turn is driven by profitability, so I can’t see him milking the company for expenses. I’d think his interest would be quite the opposite in fact.

Doesn’t mean he won’t fail though and as ever we wait for news and hope that, if good, it’s not immediately followed by a raise!

Just a point of interest, but by my reckoning Halley has invested about £54.5k to acquire c231m shares since he came on board. Those are worth about £63k assuming he could sell them and get 0.027p. So about £8k paper profit.

And his options/warrants arent much better. I think;

- He got about 270m options exercisable at 0.06p when he joined, so they’re well out of the money

- He got 24m warrants exercisable at 0.09p in Feb 25, with a potential for more on a ratchet linked to price rises.

So they’re all out of the money. Generally speaking, the same can be said for all other warrant/option holders.

The point being, I suppose, that whilst we’re feeling the pain so is Halley and other backers. Real incentive for him to make this a success, particularly given he’s not being paid. I am starting to get a feeling from recent activity that something might be just round the corner, but optimism is tempered by experience!

Confirmation here that Taj did not attend the summit, and so naturally didn’t enter into any framework MOU with the US. Not to say they won’t in the future, but a bit disappointing nonetheless.

https://www.state.gov/releases/office-of-the-spokesperson/2026/02/2026-critical-minerals-ministerial/

“ Delegations from the following countries attended: Angola, Argentina, Armenia, Australia, Bahrain, Belgium, Bolivia, Brazil, Canada, Cook Islands, the Czech Republic, the Democratic Republic of the Congo, the Dominican Republic, Ecuador, Estonia, the European Commission, Finland, France, Germany, Greece, Guinea, India, Israel, Italy, Japan, Jordan, Kazakhstan, Kenya, Lithuania, Malaysia, Mexico, Mongolia, Morocco, New Zealand, Norway, Oman, Pakistan, Paraguay, Peru, Philippines, Poland, Qatar, the Republic of Korea, Romania, Saudi Arabia, Sierra Leone, Singapore, Sweden, Thailand, the Netherlands, Ukraine, the United Arab Emirates, the United Kingdom, Uzbekistan, and Zambia.”

“ Today, the United States signed eleven new bilateral critical minerals frameworks or MOUs with countries, including Argentina, the Cook Islands, Ecuador, Guinea, Morocco, Paraguay, Peru, the Philippines, the United Arab Emirates, and Uzbekistan.”