Member Info for onlyprofit

Muldoon: Thanks for the question! To be fully open: yes, I do hold shares in MAC myself, so I’m definitely positive about the potential I see there — but I need to be clear that this is absolutely not advice, and there is always risk involved, especially with this kind of business.

You’re spot on — tokenisation is definitely a big buzzword right now, and lots of companies talk about it, but that doesn’t guarantee success. For MAC specifically: the idea and the market opportunity are huge, and the recent acquisition (Bluebird) gives them the tech and pipeline which looks really promising on paper. But here’s the cautious part:

It’s still an early-stage business — no recurring revenue yet, no proven track record of making money from these assets, just potential.

Everything depends on regulation (FCA approval etc.) — if that process hits delays or hurdles, the whole plan slows down or could change entirely.

Valuation right now is based entirely on future hopes, not current profits — so the share price can swing a lot, both up and down, on news or market sentiment.

Because tokenisation is trendy, hype can push prices up fast, but it can also fade just as quickly if results don’t follow.

So for me, I invested because I believe in the long-term opportunity and think they’re well positioned — but I went in knowing it’s a higher-risk, higher-reward play, and I only put in what I can afford to potentially lose.

My honest view: if you understand the risks, believe in the sector long-term, and are comfortable waiting for things to develop (which will take time), it could be worth looking at — but definitely do your own deep research, understand exactly what they do and where the money will come from, and never invest just because it’s a popular topic or someone else is doing it.

P2R, you said: So Bluebird has some £32b worth of assets under it's man, yet they sold this company for peanuts..... Yeah right.... That makes sense....

This is the key misunderstanding — Bluebird DID NOT own or hold £/$32 billion of assets:

What the $32B actually is:

Bluebird tokenized these assets — meaning: they used their software/tech to put these assets on the blockchain, turning them into digital tokens.

These assets belong 100% to partners/clients (Arx Veritas, asset owners), NOT Bluebird. Bluebird only provided the technology service to represent them digitally.

It’s like: you build a website to list £32bn worth of houses — the houses are not yours, you just built the site. The £32bn is the value of what they processed, NOT what they owned or earned.

Vhbfx2019: The shares are locked in for 12 months.

From the RNS & official circular, everything is pre-agreed and ready to go:

22 June 2026 – General Meeting (10:00 AM)

Shareholders vote — approval is expected. Result announced immediately; once passed, all conditions are satisfied.

24 June 2026 – 8:00 AM → FULL COMPLETION & START OF BUSINESS

This is the big day — everything goes live instantly:

• All 3 acquired companies (Stanford, Blubird Global, NJC Capital) officially become part of MAC

• New shares issued and listed for trading

• Patrick Claridge joins the Board

• Operations begin straight away — no waiting, no delays

From this date, MAC is officially London’s first listed Digital Merchant Bank — fully operational, with all revenue streams and assets active immediately.

The “among other things” mentioned in the announcement are just standard protections — all are already satisfied or agreed. We are just counting down to launch day.

Value on paper becomes real value from 24 June

Thanks ! Watty much appreciated

Montmuzard: May I ask what your price target is?thanks

Just to clarify: The legal principle of 'commercial wisdom' means courts won’t overturn CoC decisions purely on commercial grounds like price or value. However, MPL’s challenge is not about commercial terms — it’s about procedural fairness: MPL was declared the winning bidder, followed all rules, and was wrongly excluded after the process changed. This is a legal/process argument, which courts can review and rule on. The case remains strong, and an out-of-court settlement before/on the 8 June hearing is still highly likely.

Magpie: For me personally, I have prepared my mind right from the start that there is a real possibility I could lose all the money I’ve put in — I accept that risk fully. But the flip side is simple: if this works out, the reward will be absolutely massive, and that is why I’m here.

I agree we could well see movement this week from tomorrow through Friday as people anticipate news — FOMO definitely plays a part, as you say. But whatever happens in the short term, I’m happy to hold and wait. Let’s see how it all unfolds!

Two large buys: time 15:03 and 15:06, both £16k

Jogonnow: I believe Harlequin is responsible for doing and funding all the work, as clearly set out in the 26 January 2026 RNS:

"Harlequin has given notice to proceed with funding of the drilling of the Hussar‑2 well... and undertaken to complete site repairs to the airstrip and access roads, construction of drilling pads, water wells and camp location pad, in preparation for drilling... provided with Harlequin's USD$25 million structured offtake funding facility to finance Georgina's drilling program"

From this, it is obvious they are taking care of all pre‑drill works, site preparation, and drilling — every cost is covered by them, not Georgina.

I have reviewed the latest audited results and all relevant RNS announcements from 31 January 2026 through to 1 June 2026 to calculate the current cash position. Here is the full breakdown:

Starting Point (Audited Figure)

31 January 2026: Cash and cash equivalents = £269,097 (~£270,000)

(Source: Annual Report & Accounts released 29 May 2026)

Cash Inflows & Equity Movements (Jan – June 2026):

30 January 2026: Debt drawdown → + £500,000 cash received

28 April 2026: Issue of Equity – Shares issued for services / settlement – NO cash received

01 May 2026: Completion of Fundraise → + £1,000,000 gross cash

22 May 2026: Issue of Equity – Debt conversion & consultant shares – NO cash received

27 May 2026: Exercise of Warrants → + £736,000 cash

(Breakdown: 2.22m @ 2.7p = £60k; 13.52m @ 5p = £676k)

01 June 2026: Completion of Fundraise → + £1,000,000 gross cash

Total Cash Position (1 June 2026)

£270,000 + £500,000 + £1,000,000 + £736,000 + £1,000,000

= £3,506,000 (approx. £3.51 million gross)

(Net position approx. £3.3m – £3.4m after associated costs/expenses)

Key Implications

Mount Winter Payment: Approx. AUD $300,000 (~£165,000) remaining to pay. This represents less than 5% of current cash reserves and can be settled easily from existing funds without any pressure.

Cash Burn: Based on the annual report, average monthly outflow is approx. £37k – £46k. At this rate, the current cash provides a runway of roughly 6 to 8 years, giving the company significant financial stability and flexibility moving forward.

All calculations based solely on official RNS releases and published accounts.

Yes, that is exactly right! They still have approximately AUD $300,000 remaining to pay for Mount Winter, which works out to around £165,000. And you are absolutely correct — this amount could definitely be covered using the recent warrant cash received.

Great question, and really glad you’ve joined us — it’s definitely an exciting story to be part of!

You’re right that the funds from the warrants were received last week, and new shares are being issued this coming Tuesday. And you’re also correct that technically, there is nothing stopping warrant holders from either keeping those shares or selling them straight away — that choice is entirely theirs.

But here’s the positive angle: people who exercise warrants usually do so because they believe in the company’s potential long-term, otherwise they wouldn’t have committed their own money to take them up in the first place. If their plan was just to sell immediately, they would often have sold the warrants themselves earlier instead of paying to convert them into shares. So it’s very reasonable to assume many will hold on, especially with all the catalysts and news we have coming up.

Of course, there might be some who sell a small part just to cover their original cost or take a little profit — that’s normal with any new share issue, and any short-term price movement from that tends to be very temporary.

But here is the most important thing to keep in mind: if this turns out to be the major discovery we all hope for — with huge, life-changing future income once the well is confirmed commercially viable — then any effect from these warrants is just a very short-term pain. In the bigger picture, and over the longer term, the number of shares issued here will be completely negligible compared to the massive value and revenue that will be unlocked.

The key takeaway is that the company now has all that extra cash in the bank to move things forward faster — which is fantastic news for all of us as shareholders. So while your assumption that some selling could happen is fair, I really don’t expect it to be a major or lasting pressure. The bigger picture is extremely strong now, and that is what will drive the share price in the months and years ahead. All looking very positive from here!"

128k at 5.58 as well

The shares are back above the previous target around 1.1p, and that improves the outlook. Above this level, the chart points to 2p plus as the next swing target. 3p as the best-case retest by the end of next month. The recovery is still in progress, but the technical picture is notably better. (Zak Mir)

HE1 (Helium One), which traded at 6p–7p exactly where GEX is now, and ran all the way to nearly 30p before they even spudded a well. That was purely on the high-value nature of helium and market excitement — exactly what we have here, but GEX is even stronger because we also have natural hydrogen and high-value gas, which are in even hotter demand right now.

On top of that, we have a tiny free float — only around 89 million shares currently, with just 6 million more being added on 28 May. That is an extremely small amount of stock available to trade. When you combine a world-class high-value resource, massive in-demand commodities, and such a small free float, supply dries up incredibly fast as buyers come in. This is exactly the setup that allows prices to re-rate violently higher — and it is the reason why 50p–70p pre-drilling is absolutely possible, not just a guess. With this structure, once momentum catches, there is almost no resistance on the way up.

Richb7: I’d like to add that investors buy based on future earnings potential, and the goal is always to enter early so you can capture the maximum possible profit. Even though flow testing and full production are only expected in the second half of 2028, there are many key milestones and catalysts along the way that will drive the share price higher long before then — things like rig mobilisation, the start of drilling, results updates, flow tests, and production announcements.

Also, since the free float is very small, whenever demand picks up, the price will move up extremely fast, giving much bigger gains to those already holding. This is exactly why entering early is far better than waiting; if you wait until actual results or production are confirmed, the share price will likely already be trading at a multiple of today’s levels, and you will have missed the biggest part of the move.

The golden cross is fully completed and confirmed: the 50‑day moving average at ~0.65–0.68p has crossed firmly above the 200‑day level at ~0.54–0.55p since 8–12 May 2026, while the cup and handle pattern remains perfectly intact — formed between Jan–April 2026 with a low of ~0.20p, a peak near ~2.30p, and current support holding at ~1.20–1.30p. After a golden cross, the trend turns strongly bullish, key supports lock in at ~0.70–0.75p and ~0.55p, pullbacks become buying opportunities, and we typically see higher highs and higher lows; a break above ~1.80–2.00p on volume could trigger a fast move towards the ~2.80–3.00p target, all lining up perfectly ahead of the 8 June court hearing.

Another blue day today. Slow and steady wins the race :-)

Isn’t it a good strategy to sell at the top and buy back when the price drops, so you can accumulate more shares? I think this is a great way to boost your potential profit. Share prices never move in a straight line — no matter how strong a company is, its price will always fall at times. That said, I realise this might not be a good strategy for everyone, but it works well for me.