Member Info for RLL93

You always get a couple dumping or just talking rubbish, the fundamentals have massively improved now.

Spot on, on top they auvergne been reimbursed for the previous costs associated with the project and stand to get more at agreed stages so they ate in a much better financial position that a few weeks ago yet the SP doesn't reflect this. I emailed them today to ask for financial infomation such as their position on short to medium term funding and they said they will update me and the market "shortly".

Still nothing further, I was hoping for a final nail in the coffin or to hear more about these so called interested parties. It would help me move on either way. What next ?

For me, it's a fantastic company with a world class JV. The fundamental have changed for the better and with the guidance, experiance and financial support from Rio this company with thrive. Yes they are small with little overheads and liquidity, but that's all they need. Once they are developing the project, constructing the plant and producing product there will be deep pockets needed, but luckily they have a strategic business partner worth 160 billion. Is there any downside ? I can't think of any.

Imagine selling a stock that just received this RNS, it's unbelievable really. It has to be some short term profit taking, and can there be many sellers left ? I'd want to hold this until at least 2p+

Be careful guys, dont be left high and dry. CVA filed back in March.

Following the announcement of 19th January 2023 regarding the unsuccessful funding, the Group has been winding down the operations of its Regulated subsidies, Fibermode Limited, Greyfoxx Limited and JGOO Limited. The Company's wholly owned subsidiary, Mode Global Limited which employed all staff and contracted for all operational costs on behalf of the trading companies, will not be able to recover the amounts due from the subsidiaries for the provision of these services. As a result, Mode Global Limit cannot pay its liabilities as they fall due.

Accordingly, the Board of Mode Global Limited has today requested that Antony Batty of Antony Batty & Company LLP acts as a Nominee of Company Voluntary Arrangement ("CVA") Proposals and file the Proposals in Court along with a Nominee's Report. Meetings of creditors to consider the CVA Proposals will be held on 5 April 2023. The Board of MGL will continue to engage with its creditors to ensure the process is as smooth as possible.

The Directors of Mode Global Holdings will continue to look for ways to extract value and seek out options for the future of the Group.

Anyone with connections in prem ? maybe a little nudge would get them to include the ticker.

I check London Stock Exchange daily at 7AM and again as 7:30AM for this reason exactly, I've been stung to many times. But today I'm very pleased.

In all fairness, they issued the RNS to LSE as required, LSE then distribute the information to stakeholders through an automated process, websites such as prems have a plug in that pulls LSE data and displays it. Prem done their bit, its the stock exchanged that messed up.

Remain ongoing, are at an advanced stage and have been constructive. The Board's expectation is that there is a common understanding between the parties and they are close to a satisfactory resolution. Shareholders should note that as CanMax is interested in more than 10 per cent. of the issued ordinary share capital of the Company, any addendum to the Agreement will be a related party transaction for the purposes of Rule 13 of the AIM Rules and will be dealt with in accordance with AIM Rule 13.

Close to a satisfactory conclusion and CanMax are interested in more than 10 percent of the ordinary shares, so a further off take or more is on the cards.

The lab has now been commissioned and they ate able to use this to further optimise the plant but jt is not fully commissioned yet but they say "nearly".

Very good RNS!!

Https://www.share-talk.com/rns-hotlist-with-zak-mir-met1-prem-arv-cmet-aura-all-tym-txp/

CanMax positive negotiations ongoing and a resolution is expected.

On site lab is up and running and has confirmed SC6.

Micas still in but through optimisation this will be removed.

Plant nearly up and running.

Very positive IMO, just the CanMax alone Is HUGE!

Great article regarding the technical and plant installed at zulu, cutting edge stuff!

https://australianminingreview.com.au/techtalk/unlocking-sustainable-resource-extraction-exploring-the-promising-future-of-ore-sorting-in-australia/

Read starks comments under their post.

Read starks comments under it

It looks pretty amazing!

https://www.linkedin.com/posts/stark-resources_laser-ore-sorting-activity-7090707367775899648-wlHZ?utm_source=share&utm_medium=member_android

I've been watching the live data on SP and volume all day and the last 20 minutes have been substantial, and the SP has been up and down all day +4 / -4 %.

Have a good weekend all and helps hope for some good news next week.

Absolutely, a very fine line, say enough to keep shareholders at bay while not inadvertently ending the FM. He clearly wants the FM to end as the plant is at peak production, that way he can comply with the Canmax requirements, its gives him breathing space, breathing space that Canmax have tried to suffocate. I see an intelligent man navigating his way through the questions in a cleaver way.

On another subject, guys, take some time to have a look at the dam, the site, the vast amounts of equipment and people on site all working bard to get this going, the plant is in its final leg before full production, the lab will be up and running in days, once Canmax are receiving their product that Prem are producing at good quality and rates the dispute will work itself out.

Imagine the various things GR has to do on a daily basis, like run a multi million pound company, he not on the phone to sub contractor installers all day, once they have something significant they will inform him.

I'd also like to add Shark look like a quality professional sub contractor, very informative and helpful and i have no doubt that they will deliver to a high standard.