Member Info for ShadowLess

The market reaction (or I should say mine ) is subdued because it is only a MoU, and not legally binding, until the DRC money is signed off, along with Mr Black selling, I cannot see any large gains, that being said, the MoU is a precursor to contract and start of something more concrete, so who knows, either way I think it will be months before anything legally binding is drafted and signed. I try not to take too much notice of both rampers and derampers but it is started to look like some elaborate ruse is being played on AB!!!!

Promising results :

- TIN: Some good high-grade intercepts but narrow, along with early drill results, overall findings suggest good potential for a tin rich deposit. I think something like 0.465% or higher are generally considered economically viable, although ATMs Uis is below that threshold. (Caveat: viable is a multi-variable equation and grade is one facet)

-TUNGSTEN: Looks like a nice bonus when added to the Tin – I think -1% is deemed economically viable. (Caveat: see above)

- COPPER: is OK, but as they have said they will investigate to see if it is economical.

"Pursuant to Rule 15 of the AIM Rules, the Company's Existing Ordinary Shares will remain suspended from trading on AIM until completion of the Proposed Transaction. Trading in the Ordinary Shares will commence at admission, which is expected to be at or around 8 a.m. on 31 May 2024 ("Admission")."

RNS Number : 0703O. Dated 13 May 2024.

I think they expect admission of the shares for trading tomorrow.

Age, Thanks

Age

Not a criticism here, but what happened to the Shareholder Action Group? did you all agree to vote yes, or no census was found and everyone went their own way?

Hello Cossy

An alterative to investment from Phama would be grants from National Institute for Health and Care Research (NIHR), Innovate UK, local grant schemes, as well as EU funded grants (even though we are out, there are some grants available).

For the bigger grants they need to get to a certain point in their development cycle before they can access these. I am guessing this is the main reason they have listed.

As some have said, if no, the AMC board will drag this along, with fees, salaries, other costs and the fact that they will be delisted and thus don’t have to answer to anyone means this will drag on for months, and all the while the money will dwindle away. You will no longer be able to trade the shares and will be in essence frozen in you account with zero value until they return the money, or the company liquidates and your shares will fade away.

Yes vote - Lets be honest, to take this technology to market will probably take zillions of years and zillions of £s regardless of their 2028 predication, so hanging around is not the game to play here, in fact, this is true for most AIM investments!! That being said, a yes vote may present an opportunity to exit early at a higher price compared to the alternative.

‘Yes’ vote will allow me to extract what little money a have left and like what CT, DojiSta,r and other have said we can get out soon if we wish.

Opportunities to exit include:

- Initial opening excitement, little SP spike time to exit.

- Patent Applications granted, little SP spike time to exit.

- NIHR or Innovate grants/Funding news, unlikely as they are too early , little SP spike time to exit.

- Investment fund interest, little SP spike time to exit.

.

Age,

good idea to be fully prepared, however, will not be joining you until I hear more about the RTO.

Https://www.youtube.com/watch?v=he_QNLFlFzg

Stockbox interview, Apologies if it has already gone around the block.

md and cm agree,

for me, who has only a few million shares left, worth seeing what is proposed until deciding. as thechessmaster has stated the proposal might excite the market's imagination which may result in an exit point higher than the current cash value.

currently, they may have £3m-£5m (*** packet calculations, or should i say vaper packet calculations for the youngsters ) 0.0021p to 0.0035p.

reminds me a little of general industries rto of immupharma!! when was that 2006? i was a youngster then.

There maybe a so called mitigating circumstance to extend the suspension, ie Potential RTO DD to finalise the deal. However, unlikely scenario for amc!!

Good luck everyone.

Looks like they couldn't make their minds up or wanted to see what dilution would look like before hedging their bets!! Initially sold 151000000 then brought back 201000000, must have sold at a higher SP than when they brought back....... good way to further build their stake.

With what is going on in the world today, you would think there would be some bargains!! Buyers market, come on team.

DV,

yep I gambled on black, not looking so good!!

That being said, we may see an SP bouncing back this afternoon !!

Not showing up on LSE,

https://polaris.brighterir.com/public/red_rock_resources/news/rns/story/w1kyp6x

At least it is NOT the "DRC monies is delayed/went against us" RNS.

1- DRC monies don’t come through and never will -- SP drops like a lead balloon, not worth selling as they will not be worth anything. Hold

2- DRC monies delayed -- SP drops like a lead balloon, SP worth nothing, might as well hold, expect some other news will appear in hope to rise the SP, SP rises a little then sell, as placing will be put into place when placing is implemented buy back in for DRC monies news.

3- DRC monies agreed -- SP rises and reflects what the money is worth (give or take, about 3x). Sell half to cover my initial ante (or sell all), wait until SP drops after excitement and buy back in for further news. I expect some dilution to happen here to take advantage of the SP.

How about that for some crazy Sh*t strategy........ Based on how my portfolio is looking, I should just sell up and burn the cash, at least it will keep me warm for some time!!

Thanks, Eidr

I was planning to attend and even brought train tickets, but due to work, there was no chance of me getting there on time!

".....money left in the pot when we get there" They have now plenty of shares to issue out.

Hello EIDR

I couldn't make it in time!

Was anything interesting said?