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What a hell exactly you are talking about?

What is the ton of early stage money if there is no overhang left? That is the point here.

Read and understand rns instead of reading other site. Then you should be talking rubbish. GL.

LOL. 30% of what? Gem. only facts please.

Gemstar- Did you count the volume since IPO?

Do not talk garbage.

Directors need to inform. But this is not the case here. GL

HIGHLIGHTS OF THE FUNDRAISING

• The Fundraising comprised a placing of 15,500,000 new Common Shares (the "Fundraising Shares") at a price of 25p (approximately C$0.45) (the "Issue Price") per Fundraising Share.

• As announced on 3 September 2024, the Company closed a pre-IPO cornerstone investment of £1.125 million (the "Cornerstone Investment") by way of a subscription for special warrants of the Company by Jerome Anthony Keen, a principal of OAK Securities (a trading name of Merlin Partners LLP). The Cornerstone Investment has converted, at the Issue Price, into 4,500,000 new Common Shares.

• The net proceeds of the Fundraising (together with the Company's existing funds, including the Cornerstone Investment) are expected to be used primarily to accelerate the development of Topaz through undertaking further drilling to deepen the Jetstream #1 well, acquire further seismic studies and complete a preliminary economic assessment, undertake additional (as yet uncommitted) Topaz project related activities, and for general working capital uses.

• Strand Hanson Limited acted as nominated and financial adviser to the Company in connection with Admission.

• OAK acted as broker in connection with the Fundraising, having sourced the initial £1.125m Cornerstone Investment, and then built a heavily oversubscribed book for the Fundraising. OAK is acting as joint broker from Admission.

Warrants and dilutions both have been flipping. They do not need to inform the market unless someone above 3%.

Gemstar - Yes, founders and warrants holders have been selling since initiall price offering/IPO/. That is why sp. was held back /overhang/ as per 18/10/24. IMO overhang has been cleared already. The new offering is in a 4 months locked in period.

So, I don't not really know what the 10's of millions of shares you are talking about. But I guess you don't know either. GL.

Yes there is 4 months. I was talking about IPO. Do not mix it up. Read rns issued 18/10/24. Very different story.

It looks seller out. IMO

You can check the outstanding shares and 50% holdings on the website. I mentioned the rns not the first time because you can clearly see where the overhangs coming from. Fundraise and special warrants. When those are cleared sp. will follow TSX.

there are 132m outstanding shares. 50% is not in public hands. read the rns issued on 18/10/24. black and white and you don't need to believe in bul****.

There was a 1m. late trade popped up yesterday after hours too. I guess those are the last of the overhang.

It looks warrants holder are drying up. Large buy(s) to pop up later.

TSX 12% up. Clear breakout.

5% up on Nasdaq as well. IMO only the warrants holding us back.

Looks like a breakout on TSX. LSE is going to follow soon.

Selling price was 30-32p as a trader not 26-27. Extremely poor performance. GL.

18/10/24 RNS is very clear I think. Special warrants and fundraising are sill holding back the sp. As soon as they are out sp. will follow TSX. Patience!

Nice big trades popping up in the last couple of days after hours. The fog slowly clearing...