Member Info for Pacman72

This is a facility.

We’ve got a million quid in the bank.

Probably not even gonna start selling for a while or they might start today and sell down 50000 at a time over weeks.

The drop is because people don’t understand how the facility works or how relatively little this fundraise is and have sold in a blind panic. It suited some to claim it is the worst thing ever.

It actually suited me as my sipp funds dropped today so I topped up at 3.04p.

We already knew about it. It’s nothing new. We already had the block listing shares which is what Zues are now selling. What did you think would happen with the block listing shares. They were just gonna sit there for show.

Dust filter, explain how it is better for Zues if the sp falls.

They have 12 mill shares to sell into the market. Probably already done so. They’ll sell em if the market is rising or is falling.

12 million is peanuts. We even knew about them already due to the block listing facility. Nothing is unknown, it’s very transparent. The fall is overdone, simples

Probably best to move on 5toamillion if you’re the type to wet your pants with every dilution induced sp fall. When you don’t have any revenue then placings/warrants/CLNs and growth funding as Cedric has called it are unavoidable pitfalls that just go with the territory.

And if the company is sound as we are with a very positive way forward it will bounce back probably sooner than you think.

Because we are a junior miner that hasn’t got any revenue and have to raise funds.

Unless you have a better way.

Most of those have expiry date of 2028. They won’t be exercised anytime soon. Probably why raising funds this way because can’t guarantee much more from warrants

Are you crazy. It’s gone up hundreds of percent in a few months.

This is the way with junior miners/explorers. Funding is required. Short term pain for long term gain.

We are at an inflection point. The metallurgy has always been the most important part of this story. It’s costs money to do it.

The board are clearly aligned with investors. Cedric is straight as a die.

We have surety of funding for this work now and if it turns out we can get it out of the ground efficiently and economically it’s all bets off.

That plus other funding news. Other project news etc.

We’ve got £1mill in the bank which is very nice to hear.

He’s drawing down basically what’s left in the block listing facility in blocks of 12mill shares at market rate as and when needed, which is about 10% of current share capital. Peanuts

No worries now about paying for all the work going on.

The work we have going on doesn’t come free.

Seems a smart way to raise funds at this time to me.

And remember it’s not the first time he’s mentioned the DFC.

Why

A CLN almost always converts the debt into shares at a discounted rate. It’s nothing like a CLN.

I also think there will be some other form of investment coming along in short order. Why else would you even mention talking with the DFC for example.

At least we know they have the best intentions for shareholders now. Being large shareholders themselves seems the bod are equally as committed to reducing dilution as much as possible whilst still needing to raise funds.

Hopefully this puts an end to talk of discounted placings and issuing of warrants etc.

got to spend to unlock the billions in the ground.

Well we have to raise funds as all junior minors do. This seems a far way to do it. Innovative.

All the work we got going on now will cost and so long as the value of the company grows quicker than the shares in issue all good.

No Cedric was very confident. The presentation was very professional. Didn’t really say anything that we didn’t already know, except they have been in discussion with the DFC. Seems like the Gallium could be the main event in the near to mid term if the metallurgy works.

Lots of near term value catalyst. Work streams ongoing for fluorspar, gallium, REE and hree which will all generate news.

Plus very clear that there will be another project brought onboard this year.

Now let’s see what Cedric has to say.

Plenty have been.

This sp isn’t in ramping territory. I suspect most think it should be higher than this.

It’s only ramping surely if you ramp it to more than you think it’s worth.

Does anyone here or anyone who owns shares in Altona think we’re not worth £17 mill.

If not then by definition you can’t ramp.

Every share I’ve been involved with has a wobble or ten. It’s required to provide good resistance levels on the way up. And it also replaces share owners who bought lower and sold with share owners who have bought higher and less likely to sell until we reacher higher highs.

We have also undoubtedly got rid of a few more warrants.

Altona’s Gallium discovery is strategically important.

Gallium is a critical semiconductor metal, and global supply is heavily concentrated in China.

Altona’s resource is:

Large

Code‑compliant

Hosted in a carbonatite (geologically rare)

Potentially scalable to global‑tier tonnage

This positions Altona as a unique non‑Chinese gallium source, which is geopolitically valuable.

The U.S. and EU are actively seeking non‑Chinese sources of critical minerals.

The presence of gallium + heavy rare earths strengthens Altona’s leverage in these partnerships.

It really doesn’t matter what the sp does day to day. The trend is your friend. The trend here is most definitely upwards. Keep churning out those positive rns’s and over time this is only going one way.

My opinion is that eventually we will be taken out. They won’t leave a world class deposit like ours in the hands of an outfit like ours.

For me, I just keep loading up every month into my sipp and it will either be a good decision or not.

Only matters if you were planning to sell today.

Altona is a rare find, but patience is required.