Member Info for RickyRoma

I think the same ...... An equity-linked structure usually suggests pipeline expectations imo.

If/when Yerrapareddy brings a project to Amigo and it gets acquired or set up, he automatically owns 25% of that project.

That's a pretty big incentive to support future growth projects! GLA Amgo26

Great news IMO, this is just 'pilot-scale' production, but remember..... it shows that physical gold will actually be produced!

No longer shell/RTO/hope for the best narrative......... we'll have gold in 4-8 weeks time, with a view to a large scale drill program.

GLA AMGO 26 ... Exciting times!

Fair comment. My point was more that the upside is tied to delivery rather than fixed pay increases/bonuses, which I still think is positive.

No salary. No bonus. Only gets paid if it works.........Mr R is all in!

That’s about as aligned as it gets. Now let’s see what he and AMGO bring to the table....... exciting times!

GLA AMGO26

That sounds like a very positive move to me.

'Jaffri is an investment banker with around 15 years’ experience working with sovereign wealth funds, government entities and institutional investors across Africa'.

This hire seems very sensible in regards to potential capital raising/structuring for future AMGO projects. He's there purely for investment purposes....This is all warming up nicely, IMO.

GLA AMGO26

AGREE ....

Anyone worried about 20–40% daily moves needs a reality check. This is an AIM-listed small-cap exploration miner operating in Africa, so volatility is part of the deal. The upside can be huge, but that only exists because the risk is real. It will move sharply up and down over the coming quarters, and anyone not comfortable with that should probably be looking elsewhere. A great AGM imo. GLA AMGO26

'As for funding his ventures, the dilution will be far less from this price than when it was at 0.2p. No need for RTO to bring his vision to reality'.

I've been super impressed recently with both the BOD, and especially MR Ransley so far. I'd be amazed if larger investor appetite for a campaign hadn't already been discussed somewhere....

Drill baby drill ..... GLA AMGO26

Day trading fluff

Https://www.amigoplc.com/

Cleaner and focused on the future, not past..... good to see. Also Notice of AGM details posted in full.

Written by C Ransley

I am pleased to send you details of my first annual general meeting (“Annual General Meeting”) since joining the Board of Amigo.

The Annual General Meeting will be held at 1:00 pm on Monday 2 March 2026 at Bournemouth Highcliff Marriott Hotel, 105 St

Michael’s Road, Bournemouth BH2 5DU. The formal notice of Annual General Meeting is set out on pages 6 to 8 of this document.

I am delighted to have recently joined the Board of Amigo and I believe that it has an exciting future in the mining sector, a business

sector that I have been involved in for the last 20 years. Amigo will focus on gold and rare earth mining opportunities in Africa,

principally in Tanzania and Mauritania. I and our new investors have strong connections in these territories and are well placed to

both identify and secure mining investments to deliver value to shareholders. I have been grateful for the number of shareholders

that have reached out to me since I got involved with Amigo and have offered their support while we work out the detail of our

future strategy. I hope to be able to provide an update on this shortly. However. at this very early stage, there can be no certainty

that a reverse takeover will take place and any such transaction will, among other things, require shareholder approval and a new

application for listing in accordance with UK Listing Rule 7.5.

I was very grateful that, at our General Meeting on 19 December 2025, the resolution was overwhelmingly passed, and we have

been able to complete the £1.5 million of mandatory convertible loan notes (“Loan Notes”) and our raising of £188,100 of additional

risk capital from existing shareholders (through the issue and admission to the LSE of 62,700,000 new ordinary shares of 0.25p

each (“Ordinary Shares”)). Details of this this new Capital was included in the Notice of General Meeting published on 26

November 2025 and subsequent announcements.

Tranche 1 of the Loan Notes have converted into 375,000,000 new Ordinary Shares in Amigo and I welcome those new

shareholders to Amigo. Their investment demonstrates their confidence in our future. As a result, as of 28 January 2026 (being

the latest practicable date prior to the publication of the formal notice of Annual General Meeting) the Company’s issued share

capital consists of 1,065,088,160 Ordinary Shares.

POSITIVE STATEMENT imo... very clear focus on rare earth mining, highlights recent funding and overwhelming shareholder support.. RTO comment manages expectations, but positions the business as actively seeking opportunities in the sector. All very good to see.. follow the yellow brick road!

GLA AMGO2026

He's not selling until it hits £100 +

Regarding AGM the expectations should be kept realistic imo. It'll be a governance-led meeting rather than an update, so I personally don't expect new price-sensitive announcements on exploration, drilling, or acquisitions. What’s more likely imo is a reaffirmation of strategy: The focus on gold opportunities in Africa, continued early-stage work in Tanzania, and disciplined capital management following the restructure of the company. Any genuinely new info regarding research data would have to be released via an RNS, not verbally at the AGM.

Ransley is viewed as a safe pair of hands and i'm glad he's on board. His background is in building, funding, and repositioning resource businesses, he's done this before. Building a model the correct way, without blasting money down the drain, is the most important thing that can now be done. Getting the model right, getting the board right, getting the people right, and getting the research right is the most important thing that can be done now. If you're going off and drilling holes the size of a coke can in a 50 square kilometre area, you want to be confident you're doing it for the right reason. From what I see and read, the firm is currently doing exactly the right thing.

AK Corporation is positioned as a specialist early-stage partner with experience in modern exploration techniques. If their published material is broadly accurate, they bring relevant expertise in targeting gold systems in East Africa using data-driven methods designed to reduce wasted spend before drilling. At this stage, it’s about groundwork rather than results, and the AGM is likely to only reinforce that the company is still in the process phase, not the delivery phase.

This is going to take some time... it's at ground zero. Even if the current process goes well, I wouldn't expect much more clarity for at least 3-6 months. The rocks won't be going anywhere... so sit tight and let the fun begin! I for one am in for the ride.

GLA AMGO26

350k sell taken in at 1.745, then bought up to 2.2... a nice close! GLA AMGO26

All you have to do is compare the position the company was in when JM came on board, to how it looks now.

There is absolutely nothing negative in regard to him leaving the bod..... imo its 100% positive. His job is done, now onto the main course.

GLA AMGO26

'Expect the SP to drop tomorrow'

Don't see why it would be sustained myself... Let's get behind Ransley!

McColl ' I leave Amigo in a much stronger position than when I joined'

Ransley ' Jim has made an important contribution to Amigo assessing reverse takeover opportunities while its legacy lending business was being wound down. That process is now complete, and the Company has established a strategic focus on mining, with initial exploration activity underway in Tanzania'

We now know exactly what the company is, a pure mining focused shell. They now have a secure board with a view to review, which is needed.. this imo means the addition of mining/regional focused execs.

Some weak hands may bail... but overall I see the future as more focused, with clear intent. Amigo Resources (soon to be) is undergoing initial exploration in the Lake Victoria GOLD BELT! GLA AMGO26

I for one like Scoters posts, I take his price expectations with a pinch of salt, but it's a 10/10 for enthusiasm and commitment.

GLA AMGO26

Outrageous big drop.. its now only up 480% since December

'Thats not very convincing news if they can sell in the short term. Genuinely they could sell now.'

They could always sell, if they wished to. They kept the same exposure, but moved from shares into CFDs, so they can manage volatility more efficiently.

That's pretty much it... this is nothing to get concerned about. GLA AMGO26

Exactly

When volatility increases they'll prefer holding CFD's

Hard to work out what a firm like Spreadex is actually up to, but there is definite intent in this position.

Swapping physical to CFDs, in my opinion, could indicate increased client demand. But one thing is sure, someone is definitely on board at Spreadex.

GLA AMGO26