Member Info for OAPK20

Too good to be true then?

The extraction partner being a director too. Foot in both camps.

Can see the attraction to AMG and the extraction partner gains a listing if it completes.

Are there warrants to flip beforehand

Does it work ? “ These include, among other matters, the progression of a payment solution”

It’s ok though they’re “in talks” with other institutions in the EU.

That 8p to 10p was to get insiders out. If you didn’t trade it and held, well you can only hope they get it working.

Targeting Q1 😉 Big vague. January February or March. 🥴

It says Aquisition but Universal Pozzolanic Silica Alumina Ltd are effectively reversing into AMG to get the listing, no? Otherwise what’s in it for them?

An RTO like this has got to be too good to be true.

Based on the audited £1.078bn NAV for the initial 250m tonnes alone, and applying standard market discounts, UPSA supports a valuation of £500–650m today.

UPSA valuation of:

Low case: £500m - £0.62

High case: £650m- £0.81

If an extra 10% of new shares were issued post-RTO to meet free float / raise cash:

Total shares → ~884m

Prices fall proportionally: Low £0.56 / High £0.74

Even if UPSA is really worth only £500–650m:

The 97/3 split still applies

AMG shareholders still own 3%

The market will simply re-price the shares lower after Admission.

Anyone know if this RTO is realistically happening ?

UPSA vendors place down shares into the market to reach >10% free float, or

New shares are issued to raise capital → further dilution to everyone (including AMG’s 3%)

Example downside scenario (illustrative):

If an extra 7% of equity is issued to satisfy free float / fundraising:

• AMG holders fall from 3.0% → ~2.8%

• Implied share price might fall from £1.28 → ~£1.20

Still massively above 11p,

Can’t be right.

£1billion valuation surely can’t be the valuation after rto. sounds way too good to be true if this is how it could work.

existing amg shares: = 24,107,609

target ownership post-rto:

• amg holders = 3%

• upsa vendors = 97%

upsa vendors end up owning 97% of the enlarged company, based on a notional £1bn valuation.

there is no fixed price per share agreed upfront.

the “price” is implied after the fact by the ownership split.

the share count flexes to make that true.

if 24,107,609 shares (amg holders) represent 3% of the enlarged company:

upsa vendors (consideration shares): 779,479,358

total enlarged share capital: 803,586,967

implied equity value: £1.03billion

implied share price: £1.28

1.03billion/803,586,967.

so effectively:

• upsa vendors are being issued shares at an implied ~£1.28/share

• amg’s 11p price becomes irrelevant once the rto completes

the £1bn “purchase price” is:

• a valuation anchor, not cash

• subject to:

• fca scrutiny

• sponsor due diligence

• market acceptance on admission

the “share-for-**************” means amg will issue ~779m new shares so that existing shareholders are diluted to 3%, resulting in ~804m shares in issue post-rto, with an implied share price of ~£1.28 based on the £1bn upsa valuation.

can’t be right surely.

Getting angry. Might be another trade in this junk if they keep dropping it 😘

Or is it next week. Missed the Christmas spending. Tick tock.

Oberon given their pumpers Christmas off or what.

Everfex total value of foreign exchange €750,000,000. (More is better). Typical gross margin: 60–75% based on €750M

FX margin 30bps revenue £1.91M gross margin 65% gross profit £1.24M

FX margin 50bps revenue £3.19M gross margin 70% gross profit £2.23M

If achieved and 20M shares issued then fully diluted MCAP £41.8M at 10p. Shares to be issued at 20p basing MCAP on £83.6M.

That’s before plug-in overdraft launch. (1M customers x £100 - £100M) If uptake is rapid then assuming 5% Net interest income (after funding) with estimated Credit losses of £1.5M and Opex of £1.2M the Operating Profit after launch could be around £2.3M for the initial launch of the plug-in overdraft. That’s a conservative estimate.

If Plugin Overdraft balances scale quickly to £100m, BANK can generate base case £3M-£6m annual operating profit from that product alone.

That level of profit: fundamentally changes the valuation, makes 15–20p fully diluted entirely plausible, makes the Everfex earn-out almost irrelevant by comparison.

Just ignore if you want.

Everfex must achieve a total value of foreign exchange contracts of at least €750,000,000 by 31st December 2025.

If this milestone (“Additional Consideration Condition”) is satisfied, Fiinu will issue 20,000,000 Additional Consideration Shares at 20 pence each to Granicus Holdings after 1 January 2026.

Just ignore that though if you want.

Everfex > £750,000,000 ?

It’s being dumped. On the bright side LSE appear content with referring to others as bedwetters to make them think twice about selling, while those doing the name calling dump.

Wait til the launch spike. That could prove painful if they let it run.

Watching and waiting

Everfex

“ unaudited results showed profit before tax of more than £600,000 for the first four months of 2025”

3p looking generous. Following similar pattern to STX. Heading to cash value until proof of concept would be a disaster for holders but gives those waiting an opportunity.

Board silent.

A good time to be buying shares for the EBT and Equity‑Based Award Framework. Just saying.

“Fiinu has set up a new EBT as part of its Employee Awards Strategy. The EBT, which will be known as the Fiinu plc Employment Benefit Trust, will serve as an independent trust mechanism for acquiring, holding, and transferring Fiinu shares to settle long‑term incentive, restricted share, deferred bonus, and other equity‑based awards. The Original Trustee is Equiniti Trust (Jersey) Limited.

This initiative is aimed at aligning employee and shareholder interests, supporting the recruitment and retention of key talent, and fostering long‑term value creation. The EBT and associated governance framework will operate in full compliance with UK Listing Rules, Disclosure Guidance and Transparency Rules, Market Abuse Regulation, and HMRC Employment‑Related Securities requirements.“

Can someone better placed confirm shares issued at nominal value ?

Is it Share = Nominal Authority (£970,000) / Nominal Value per share (ord GBP 0.0015 for NTVO) = 646,666,667 shares that can be issued without shareholder approval.

Thanks

Https://ppxmining.com/ppx-provides-update-on-construction-activities-of-processing-plant-at-igor-project/

Interesting to see their set up.

“ The new discoveries in Portachuelos in 2018, as well as the exploration targets in Domo and Tesoros, show that the Igor Project is becoming a district-scale project with multiple deposits and mineralized zones. Evaluating mineral development alternatives in parallel with exploration drilling will provide dual catalysts for growth and increased shareholder value”

Did RE take more at 0.45 ?

PERUMIN 37, Latin America’s leading mining convention, from September 22 to 25 in Arequipa.

https://www.dailymirror.lk/international/India-moves-to-lock-Perus-critical-minerals

“India and Peru are negotiating a Free Trade Agreement (FTA), expected to conclude in 2025. For the first time, India has proposed a dedicated chapter on critical minerals to secure preferential access, encourage joint exploration, and stabilise pricing for long-term supply chains.

According to sources familiar with the talks, India is also seeking frameworks for investments in mineral extraction and refining, particularly in lithium and copper, where global competition is intensifying. Peru, meanwhile, aims to diversify exports and views India as a reliable partner with strong growth prospects.

Despite robust gold trade, Indian investment in Peru’s mining sector has been limited. In a recent conversation with StratNews Global, Peru’s Foreign Minister Elmer Schialer noted this gap and invited Indian firms to explore opportunities in mining and energy.“

Link please ?