Member Info for roger65

That’s exactly my take on what Tim was up to as well Lord. Devious and manipulative.

Indeed. Up over 50% in the last 3 months? And yet Weardale can’t do anything without funding coming soon. They will just have to wait until the Govt decides to pull its finger out and get the plant construction under way. Weeks and months just passing by like there’s no rush. Weardale said it would take a year and so hoped to be in production in 2026. It’s been almost a year since they got the permit to go ahead and they’ve not been able to move on anything yet as the govt keeps throwing more and more money at Cornwall Lithium. Production now won’t happen until 2027 at the earliest. Typical British inefficiency owing to crazy snail pace bureaucracy

I was thinking more from the perspective of a major that wants it will need to beat off any competition. If the science is that good more than one would be interested surely and so if you hang about too long…do they risk losing it? Dunno. Just seems very strange after all the Sept bluffing that now there’s no rush at all. Tim, imv, has clearly got over excited and his enthusiasm might not be shared by scientists working for the major pharmas out there

‘ assume it would be far more involved and time consuming in the case of a takeover as the scale of any financial risk is far greater from the outset of any deal.’

Why would it take longer? If they see value in the ‘magic’ they’ll just want it and not waste six months or whatever haggling over an extra £100m or so.

No way of knowing but the price has been higher that day and up to that point. Since then it’s dropped back a bit

And for the last time…the share price hasn’t dropped 65% from recent highs because of ANY posts on this bb.

Er…doesn’t that just prove we were right?! Jeez. Can’t cope with this moron. Binned along with other of Tim’s junkies.

I haven’t discredited the science and Tim has lied, even if unintentionally. He categorically said there would be a deal by year end - three interviews? Then we heard it won’t be in 2025 but at some point in 2026. That means he was lying in those interviews, even if through complete incompetence and naivety in simply having no understanding of how long such deals take. It’s not being made up, more’s the pity.

We are where we are now in hoping a deal might come off at some point in the New Year but frankly that’s totally open ended isn’t it.

Filter me Sinitta by all means and fall for every word Tim utters.

Cretinous and dangerous twaddle Sinitta. Telling people on here this is a dead cert is misleading in the extreme.

‘ We all know what’s coming and all that will be irrelevant anyway.’

That’s just the kind of nonsense I think readers should be wary of! There are another guarantees. NONE! Look back at how often Tim has delivered what he’s promised. As far as he’s concerned he has ‘largely delivered’ what was promised in 2025. Just small matter of the deal…. No sign of it yet and, as I say, no guarantees!

Think many have come to realise they were mugged by the CEO back in Sept.

A deal ‘…from any day now’. Rings horribly hollow now. I hope the share price drops from here quite significantly and then all those who are in the red can load up at a cheaper price and make significant gains when hopefully a deal can be done and the sp gets back to 10 - 20p. No one has any real idea because the info we’ve all been given has been so unreliable and deliberately opaque. I for one would be very happy though (not just for myself) if the sp dropped to 5p and lots top up, lower averages or buy in for the first time and then sell having made a profit of 300%. Question is can Tim be trusted to even deliver one small deal? Personally speaking I think he’s well out of his league for anything major but I haven’t given up hope altogether yet of a major just throwing say £100m at IMM to put them out of their misery. Anything more is for the birds imho

WL directors’ hands are tied. They need gov t funding to attract other investors from private sector. Govt wants to see private sector investing first. Stalemate.

Think yr suggestion is now a likely scenario. Sadly though the longer the govt stands off the lower a takeover price will be imo. Still hoping for a doubling of sp from here though, at the very least.

Someone can swoop in and take this now for peanuts and will end up making a fortune. Weardale can’t do it imo. I wonder if they are looking for buyers?

A sense of realisation then cauldstream7. You should also now realise how ridiculous and foolish it was of the CEO to promise - repeatedly - things he should have known were not possible ie a deal by the end 2025. Duplicitous or naive? Choice is up to each individual but let’s face it, neither is good nor bodes well for the kind of outcome many on this bb are hoping for and were led to believe might be possible.

Agh this is just turning out to be AIM junk. Not saying the investment in Weardale isn’t good but the way it’s manipulated is just appalling. Who buys a trade worth £4:50? It’s just to keep the sp artificially at a level where someone can dump another£7 or £8k of shares at a reasonable price before what feels like an inevitable crash comes along - or a huge placing. Company has no money, no income and is hanging on to its listing by a thread.

It’s not picked out of thin air though is it? It would simply be history repeating itself. This company and its CEO have form - even less than a year ago Tim confidently told the market IMM didn’t need cash. Within a month he did a placing with … yes, you guessed it, Lanstead. Both parties did very well out of that and the 2025 is the year of delivery strategy but it actually hasn’t achieved the really big target of closing a deal. Let’s face it that’s what many were here for and esp after the September fiasco interviews in which Tim went completely OTT in much of what he said. Still no concrete proof a single third party, large or small, has embarked on any DD yet. Just words from Tim, which everyone now knows might just be totally devoid of substance. It’s just the way he works. This is an AIM company and he can get away with it. Has done for years. Most lths of IMM and Incanthera are MASSIVELY in the red . Think on that.

TCGlover - so you don’t think that’s a possibility?

* £75k apols

Wow another £75m of late reported sells after hours yesterday. Two from the 10th Dec. I’d assumed Lanstead were out already but maybe not. If they still have shares left why sell at the recent lows? Why not just hold for another two to three months and, according to some here, multiply their investment by 10 at the very least, more like 20 or so if £s are really a prospect? Clearly whoever was holding all those shares does not see things the same way and are exiting before Christmas by the looks of it.

Could Tim be preparing a placing in the NY with the excuse that IMM needs a strong cash position to have a stronger hand at the negotiating table - all will be well once we’ve done the deal! Could Lanstead be the provider of the funding but at a lower price? My guess would be if they could sell out completely at 6p or above then they would be willing to get back on board with yet another agreement to fund IMM at 3p? Tim’s excuse will be something like - look, we’re in a really good position right now, talking to some really big potential partners but the deal is going to take longer than we’d expected and we don’t want to find ourselves in a position of worrying about our cash position…’ onwards to that effect.

It’s an imaginary scenario I know, but the way things look currently with the continuing selling off a major holder I’d say it’s looking more possible by the day. If there’s still no deal by end of February then I think another placing will be the most likely RNS to be released next. But remember what Tim said: ‘keep the faith’ and ‘believe what management say’

Bit concerning if warrant holders are selling even down at these levels. Do they know something?

Normally an investor presentation is greeted with a bit of anticipation and interest is piqued somewhat. Not so here…wonder why? Another 10% down and heading back to .2p

I did wonder if all the warrants were out of the way but maybe not.