Member Info for Polio

Be nice to see the MMs close that gap

How high will this go? Just for a bit of fun.

I'm going to go for 50% rise

Great news and we are at Market Capitalisation £2.74m

Neil has spent his lunch money and wants everyone else to lose.

Whatever is said on this board won’t make any difference, the share will do its thing and if anyone is in long term it’s there decision

RNS

Has ExMS been burned before, losing his lunch money on here every day?

A good time to buy, I am in.

No placing at all. All good and expected

Grrrr I suppose it was going to happen, news could be a while off and the placing happening

How high can this go?

?

Profit takers especially if they no news isn't here for couple of months on the JV

WTF.what is happening

12-Dec-23 16:37:34 4.75 700,000 Unknown* 4.50 4.70 33.25k

Aye, was a buy after the bell yesterday

Greg said this would be a straight forward 50/50 joint venture and he has been involved with a few.

Sounds good to me LedZep, a hell of a lot of work has gone in this far. If it take a little longer then so be it

Good to see the price stable on here. Patiently waiting and holding.

Once a bit of fomo kicks in and a few buys we will have lift off ready for any news to break!

News will break at any time!

I think we will agree to disagree. I fully understand it but the $81 million is to going to be priced in already. We haven’t even started yet, haven’t even signed anything yet.

The market isn’t reacting because currently we do not have the funding and we have gone up 4/5 times in a matter of months.

LB Group will want their investment back and 50% of profits.

They aren’t going to want $81 million worth of shares in a company that’s worth $81 million and at risk of falling way below that price in this type of environment.

Money in, money back and 50% profit and they’ll move on to the next one, they won’t want to be the majority shareholder here

They aren’t going to let the company go for 5p that’s for sure!

So you are saying £13 million valuation lol

The valuations of what’s in the ground is multi multi what we are at now they aren’t just going to give it up that easily. So much more potential in Sri Lanka we haven’t even looked at or applied for yet.

LB group will get there investment back and we don’t take any money out of the job until we are in profit

Sebo 10 here you go. 'Staged basis'

All funding to be by way of equity on a staged basis to achieve 1.65 million tonnes per annum mining rate capacity and processing to final products, with LB Group able to apply its share of profits towards its funding commitment until the agreed capacity is achieved.

Capital Metals to start earning its share of JV profits as soon as shipments begin, which could be within 12 months of the start of construction.

LB Group will guarantee 100% of the offtake of heavy mineral concentrate and ilmenite for the entire project life at prevailing international prices at the time of sale – other products to be marketed by the JV to third parties.

LB Group has conducted significant due diligence on the Project with only confirmatory due diligence remaining.

Do you think existing shareholders who were allowed in at 4.25 will know about this :D

Completion of the JV agreement is expected to require approval of Capital Metals’ shareholders in a general meeting. Further detailed terms of the proposed JV investment and offtake agreement by LB Group will be notified at the time of signing