Member Info for scoobyrex

12 June 2019

Sirius Minerals Plc

Supply agreement signed in India

§ Major take-or-pay supply agreement signed with IFFCO for POLY4 supply

§ IFFCO is one of the largest co-operative societies in the world with access to over 55 million Indian farmers

§ Terms are for 11 years ramping up to 1 Mtpa in year eight, with a mutual agreement option for an additional 250,000 tonnes per annum

§ Total peak aggregate volumes now under contract stands at 11.7Mtpa (13.4 Mtpa including customer volume options)



Sirius Minerals Plc ("Sirius" or the "Company") has signed a take-or-pay supply agreement (the "Agreement") with Indian Farmers Fertilisers Cooperative Limited ("IFFCO") for the supply of POLY4 in India. Volumes will ramp up to one million tonnes per annum ("Mtpa") in year eight, with an option subject to mutual agreement of the parties to increase this to 1.25 Mtpa.

IFFCO is one of the largest co-operative societies in the world with over 36,000 member cooperatives and access to over 55 million Indian farmers. Its primary business is the manufacturing and marketing of fertilizers and it is in the top 100 of India's Fortune 500 group of companies.

India is one of the top three fertilizer markets in the world with a total nutrient consumption of around 30 Mtpa. The demand for fertilizers in India has been growing steadily due to increasing demand for food as the country's population increases. With the need to increase productivity per hectare, multi-nutrient products like POLY4 are well suited to Indian agriculture and soils.

The Agreement is for the exclusive supply and distribution of POLY4 throughout India and is on a take-or-pay basis. Volumes ramp up to 1 Mtpa in year eight of the 11 year term, with the option for an additional 250,000 tonnes per annum by mutual agreement, and pricing is based on a nutrient linked formula on a CIF India basis. IFFCO has a break clause after year eight and there is a 10-year extension option subject to mutual agreement by the two parties.

Apologies if this has been posted before.

http://www.bacanoralithium.com/cms/wp-content/uploads/2019/06/VSA-June-2019.pdf

it brings it to ahead, the company has money for 6 months, no dilution means they have to close contracts and restrain costs. Additional funding just means they continue s they are pishing shareholders money up the wall.

If they do not have something to close in 6 months, the alternative is to sell the patents and wind the company up.

I have contacted IG, I would presume if all holders on this board did likewise It would only take an activist II to push this over the top

After going for a ride to clear my head of murderous thoughts.

What if the bod have news but can not deliver due to lack of funds. They must have light at the end of the tunnel otherwise they would have shareholders looking for blood if this is just a rinse to keep the lights on for a few months. The II’s wouldn’t stomach this without a plan, and we know the bod have very little voting share.

There has to be something a foot here. I’m debating buying more now.

Buys as sells is also amplified as the spread increases. The MM’s are playing games dropping the sell to encourage selling. Sometimes a good sign, often just to encourage trading when the volume starts drying up.

My trade earlier shows as a somewhere in between, neither a buy or a sell, to close to call.

If your buy shows as a sell you should be flattered that you were able to buy at the low end at that point in time.

Correct, at the point of consolidation agreed there is no dilution, but is there any other reason to consolidate other than future dilution ?.

The share price was already at an all time low (I believe) now with this announcement they have further destroyed share holder value before a dilution event.

They should of been building the share price by getting licensing deals done to raise the share price prior to dillution based on success and a basis for future growth or by selling the company/assets.

Instead of completely screwing shareholders, which it seems isn't a new strategy.

I traded this twice today selling and buying back in a few moments ago, managed to increase my holding by around 20% for no additional capital.

Trading online with IG was blocked this morning, selling non consolidated shares I had to improvise, buying was OK, but I now have 3 separate rows in my IG account totaling many millions of pounds of shares which is completely wrong. (nice to look at :-))

Im sure it will get sorted out, but how many people held off trading and this dampened the rise, it should of gone higher and stabilized higher than where it will.

Shame.

Can you vote by proxy at the AGM ?

If we all got the required paperwork and a volunteer to attend the AGM as our proxy could we block the motion ?

I have 11.5M shares that can be used, but I cannot attend as I will be in the US.

Sold out on the MXO raise as it flipped to ADM Energy. reinvested the profits and some of the stake here. I am now approaching 1/2 million shares in BLOE.

you can buy on IG now since 08:40, name changed just after 08:00, share consilidation yet to happen, can only sell by phone it seems.

not convinced this would be affecting SP that much with a small poll of PI's impacted.

Mxo has gone.
Stock transferred to adme at correct price
Number of shares hasn’t been consolidated.
I’m currently holding multi millions. Cannot buy or sell adme stock on IG, presume this explains why this has stuck at yesterday’s closing price.

Some mid long term stocks to research.

BLOE
SXX
ADME

All have gone through funding and are heading towards sustained growth and in my opinion now is a good time to get onboard.

Dyor I’m not an advisor, my opinion is based on my own experience with these shares.

Looks good

Likewise on IG

11 June 2019
ADM Energy plc

("ADM Energy" or the "Company")

Appointment and Proposed Directorate Changes

ADM Energy plc, an oil and gas investing company quoted on AIM, is pleased to announce that His Highness Shaikh Ahmed Bin Dalmook Al Maktoum, has been appointed President of ADM Energy in a non-Board role. Specifically, it is intended by this role that His Highness will help leverage his network and bring new opportunities and contacts to the Company. The Company expects the appointment to be formalised in due course.

The Company further announces that Stefan Olivier has informed the Board of his intention to step down as Chief Executive Officer. The Company will appoint a new Chairman and, upon appointment of a new Chairman, Richard Carter, current Non-Executive Chairman, will be appointed as Interim Chief Executive Officer. Stefan Olivier will remain with the Company until the appointment of a new Chairman to oversee an orderly handover.

The Company intends, in due course, to recruit into key executive management positions and appoint further independent non-executive Directors and has retained the services of a headhunting firm in this regard. As noted in the announcement of 15 April 2019, Shaikh Ahmed Bin Dalmook Al Maktoum also has the right to appoint one person to the board of directors, subject to requisite regulatory approval and process.

Shaikh Ahmed Bin Dalmook Al Maktoum, President of ADM Energy, said: "I am delighted to become President of ADM Energy. Since investing in the Company, my conviction has only strengthened regarding the potential value of the opportunity.

"The Company's strategy is to grow and to create a larger, balanced portfolio of projects in line with its investing strategy. We will aim to leverage our extensive contacts to identify investment opportunities in undervalued production and near-production assets, primarily in Africa. I am confident we can add significant value to ADM Energy for the benefit of all stakeholders."

Richard Carter, Chairman of ADM Energy and Designate Interim CEO, stated: "We believe ADM Energy has an exciting future. The appointment of His Highness Shaikh Ahmed Bin Dalmook Al Maktoum as President demonstrates His Highness's personal commitment to this Company. We enter this new chapter focused on capturing what we believe to be a significant opportunity to grow the business and create value for shareholders.

"Also, on behalf of the Board, I would like to thank Stefan for his invaluable contribution and devoted service to the Company. Stefan played a vital role in positioning ADM Energy for future growth and we are pleased he will remain on the Board as long as necessary to ensure a smooth transition to the new management team and Board."

-Ends-

My expectation was they had news coming that would raise the shareprice and enable them to either finance if revenue was not imminent or worst case raise the share price before dilution. Now they have announced upcoming dilution with no sentiment improvement news.

Now if/when news does arrive it will be ignored because of the elephant in the room that has just been announced.

a$$holes.

Alexander Mining plc, the AIM-listed mining, minerals and metals processing technology company, announces that it will today post to Shareholders a circular ("Circular") containing notice of a general meeting for approval of a proposed capital re-organisation to be held at 11:30 a.m. on 28 June 2019, or immediately following the conclusion of the AGM being held at 11.00 a.m., at the offices of Druces, Salisbury House, London Wall, London, EC2M 5PS (the "General Meeting").

Background

Alexander, in common with a multitude of other companies in the mining sector, has been affected by the acutely challenging economic and market conditions.

The market value of Alexander's ordinary shares ("the Existing Ordinary Shares") has fallen below their nominal value which is currently 0.1 pence. The Company is therefore unable to issue any further ordinary shares due to provisions of the Companies Act 2006 ("Act") which prevents a company from issuing shares at less than their nominal value.

The Capital Re-organisation and New Articles of Association

Accordingly, the Company proposes to implement the proposed capital re-organisation ("the Capital Re-organisation") to enable further issues of shares in the future. At present, there are 1,888,730,149 Existing Ordinary Shares in issue. In order to implement the Capital Re-organisation, resolutions will be proposed at the General Meeting, to take effect from the close of business on the date the resolutions are passed (or such other time or date as the Board may determine), whereby;

a) each Existing Ordinary Share on the register of members of the Company at the close of business on 28 June 2019 (or such other time or date as the Board may determine) ("the Record Date") will be divided into:

i) 1 new ordinary share of 0.001 pence (a "New Ordinary Share"); and

ii) 99 new deferred shares of 0.001 pence ("New Deferred Shares"); and

b) each of the issued deferred shares of 9.9p each in the capital of the Company on the register of members of the Company at the Record Date, which came into existence in 2012, will be subdivided into 9,900 New Deferred Shares;

The Company's Articles of Association are to be amended by the Resolution proposed, simply to reflect the creation of the New Ordinary Shares and the subdivision of the Existing Deferred Shares, and such Resolutions will also grant to the Directors replacement authorities to issue New Ordinary Shares and to allot the same without applying pre-emption rights in accordance with the Act.

The New Ordinary Shares will have the same rights and benefits of the Existing Ordinary Shares. The number of New Ordinary Shares in issue following the Capital Re-organisation will be unchanged from the number of Existing Ordinary Shares in issue immediately prior to the Capital Re-organisation.

The New Deferred Shares will not be admitted to trading on AIM, will have only very limited rights on a return of capital and will be effectively

lull before the storm :-)