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Not at at all Strichen. I could be completely wrong but in my mind this new HNWI investor understands that at 1p this company is a bargain and I think will stay in to revisit much higher levels, remember it went to 5.5p and we were miles away any final license on the plants. As mentioned I can only assume that the board have worked out that the £4mio convertible bond facility to be used in 8 tranches of £500,000 does not work as the institutional investors take advantage of them. That facility was issued on 9 Dec in broad terms pays a coupon on 5% above SONIA rate on tranches drawn and allows the counterparty who has issued any drawn up funds to convert the loan into shares at a 10% discount to the share price within a 20 days before conversion etc (see RNS of 9 Dec). TM1 have drawn £500k on 16/12 and £560k on 28/2/23 and it's part of these which get converted into shares at the tune of £30/40k. This new facility works in my mind much better and is now used ie £800k at 1p raise from his HNWI, which is probably here for the x times return, plus a loan at 12% interest only convertible at 3.5p. This deal is much better and I can only see the price going up from here as it finally sets a floor whereby the previous loan note did not. Let's now hope that this licence comes and let's get the party started, I suppose the HNWI would not put £2.5mio into TM1 if he has not clear sight of the licenses landing soon.DYOR

Personally really prefer this deal ie set a floor at 1p for that small portion from the high net worth Client and only get loan note converted at 3.5p which would be superb. In my mind this means they might only get converted for small amounts under the other loan note from the amount converted already and not draw from it unless really needed at higher price levels in the future. I think they had enough of the game the other loan bankers were playing. Pretty good news and they state license not far away which is even better. DYOR

Basically the floor is 2p and if you are a long term investor you can buy around that level in the market which is pretty unusual, guess only possible because there is some waiting time. Dyor

Very clear interview and whatever way you look at this it's a transformational deal for BCE as a small cap. Enough from me, time to wait until re-list DYOR

Covering also BCE https://www.malcysblog.com/2023/03/flash-blogdec-uog-eco-longboat/

Great news that they managed to close this transformational deal, clearly funding and raising that amount in this environment hasn’t been easy and therefore well done to them. Start of a new hopefully very rewarding company which will allow us long term holders to make back some money. Enough from me DYOR

Transformational deal by the looks of it. This could be worth 2p as a starter. Let's wait and see and DYOR

https://www.proactiveinvestors.com.au/companies/news/1009482/celsius-resources-enters-binding-deed-with-local-filipino-companies-to-progress-mcb-project-1009482.html

Did listen and was very interesting and the assets seem to be pretty impressive for such a small market cap. I'm sure you'll be able to listen to it in a few days. They have seen in this raise a lot of interest in the UK and also from Australian High Net Worth individuals. This is a very difficult market to raise funds and in my opinion they have done it with almost no discount, which clearly implies that most were keen to enter at this level. 2023 should see plenty of value enhancing news. Listen to the call when available and DYOR

Superb set of results, wish my other holdings were reporting similar figures.

Just taken a position. To raise at almost no discount in this market confirms that the asset in hand versus mcap is deemed as very interesting by institutional and PIs who participated. DYOR

Had a good look at Bradda and bought an initial 200,000 shares. Close to IPO price, funded for 2023 and located in the US. Most here will know the story very well, but as a newcomer this looks very interesting at this level, especially with the US incredibly keen on US produced lithium. Time will tell. Enough from me. DYOR.

Added another 230,000, license should be dropping in March from previous comments and if that is the case we should be in, finally, for a rerate. DYOR

The only positive in my view with these conversions is that whoever is behind them is probably a sophisticated investor who has worked out that probably now ie before the imminent licence is the optimum time to convert at the lowest price point, as we will definitely not be here when they finally announce the granting of the lithium battery recycling license and no doubt some of the offtake agreement they have in place. Bring on the next couple of weeks DYOR

Very interesting interview, thanks for sharing. The CEO seems pretty smart, no wonder the are now focusing on Blythe 2 seen production and revenue increase and low risk DYOR

Impressive asset.

Remain of the idea that at these levels IOG is a strong buy and just picked up another 200,000 shares. Not only the upcoming well is much lower risk but will enhance cash flow significantly. Looking at the technical picture it looks to me that a weekly regular divergence has taken place on the weekly chart which could confirm that the sellers are reducing and a reversal will take place, guess a combination of both retail and institutional investors who wanted to sell mostly out. This is only my view, enough from me and DYOR

Agreed, just bought another 200,000. DYOR

Agreed, looks very interesting and very accretive for a small cap like BCE. My guess reading it is that we will relist probably in March. Back to relax mode. DYOR

Not sure about 16p in 3 months, but just bought 480,000 at 5.1p as I think that we have bottomed out and that the shares will reverse from these very depressed levels and look forward to the imminent low risk well spudding in a few weeks. Time will tell if I'm correct DYOR