Member Info for rickmeister

Mcap now moving towards £10m. This BoDs has been lamentable. Instead of talking about whet they are going to do it would be nice if they actually achieved something. In old money our SP is now equivalent to .65p, a 25% fall since conversion and an appalling spread.

Fund raise is likely but shouldn't be needed too soon as they raised money in April. Should have circa £5m in the bank. The retrace here today looks a bit heavy handed.

Heavy retrace both here and in Sweden today, must be one of the shortest honeymoon periods!. I suspect it will take a while to deal with the technical hurdles and we don't know the cost of these processes. No doubt the Sami's will continue the battle against the mine via these. This share is nearly as dull as England's Euros group matches.

Due to the complexities of Kallak, it will be a while before we see the true value reflected in the SP, but the MCap has been much higher in the past. The hurdles are at least technical ones now and not principle. Real spread looks to be about 12% but that still seems a lot. If we ever get to £4.50 the MCap would have to be around £180m, not inconceivable if Kallak comes good. Lets hope we all live long enough to see it come to fruition.

Rapid rise in Sweden and my ii account showing 25% rise in the SP. A long wait but maybe now we can progress with all our projects. GLA

Yep, looks like positive news based on the Swedish reaction.

Nearly rich, ii account showing the old share holding but the new price. Tried to sell but they weren't falling for it.

One day maybe we'll have a genuine massive rise in the SP, oh and England will win the Euros.

I don't think today is about the ratio of buys and sells, its about the risk of an RNS next week saying the BOD have thrown the towel and we're heading for admin. I'd be delighted if that doesn't happen as like most here I'm practically wiped out as to my original stake, but I'm being realistic as to the probable outcome.

Quick precise of our BoDs performance. 12/4/24 announce sale, 24/4/24 announce Lock-Up and that £100m of sale proceeds lost! 13/6/24 its all gone pear shaped and no value left-MCap a few hundred grand. Got to go some to lose £100m in 10 days.

It appears that Onex and Co. have royally stitch up our BoD, wasted our money and now want the whole business so they can asset strip with shareholders getting nothing. I'd rather we walked away from Onex than let them achieve their aims. We are no better off with the 'Alternative Deal' than leaving our future to the bond holders.

Actually on the risers table. Might need a lie down. Markets were closed in Sweden yesterday but only slightly up there today. Are we going to be the recipients of good news. Answers on a postcard.

Yep, can buy via ii. Paid 2.1p bring my av down a bit. Spread looks barking mad.

Perhaps it's the value of Mike Pence!

At the time of writing, post the RNS it was up 13%. Now reflecting the news.

AIM is totally bizarre, positive RNSs for some companies leads to a sp drop whilst this RNS, with all it negativity-further cost increases, refinancing etc-results in a tick up. Only goes to show the MMs are just in for themselves. The AIM market is a busted flush and needs a complete overhaul.

I think that is giving false hope here. HE1's share partly tanked due to a rig failure and then recovered after the rig was repaired and free hydrogen/helium was found in the well. Its shares have now settled around the 1.2p mark whilst we wait for the log results to be analysed fully. CPX is an entirely different type of business. I'm surprised we haven't heard the final outcome of the retail offer yet as it closed at 3pm.

Be sensible. EM had this company at his mercy, could have bled it dry and forced admin. CPX needed to settle the outstanding dispute in order to get the placing away. Would anyone have put more money into the co. with the dispute with Tesla unresolved?

It's the spread that's 20%

Unfortunately it's our sterling that's declining. The performance of those who 'run' this company is woeful. No material information for over a year, M Cap less than £9m and cash being spent. Total shambles and not due to global crisis.