Member Info for SilverFoxd

RachT

Excellent analysis, albeit very disappointing if this proves to be true. The bit that always confused me from the original RNS on 28th Oct that stated HV had made £1.8m profit, I guess many of us assume that this was profit for GS, but in reality it could have been profit from other HV interests, if this is the case, the RNS is very misleading as if GS was profitable why shut it down - if anyone can make sense of this I would appreciate their clarification.

The big concern is how much cash is GS burning through ? we already had a £2m dilution and I don't want to be reliant on Disko and or Jameson to bankroll GS if it requires more cash.

With the Disko Jameson upcoming I really find myself in quandary, without GS this would be a no brainer given possible payoff, but with the uncertainty with GS it really is quite vexing.

We have the shareholder meeting upcoming we are certain to get some news but the I won't be happy unless there something concrete to report.

Keep up the good work RachT, as a shareholder I'm not happy about this, but given the lack of interest in anyone else doing this analysis and our boards lack of reporting while happily enriching themselves with favourable EBT, I finds this insight invaluable.

Thanks RachT, I would prefer to be wrong, but for those with spare cash you don't want to go to early (IMO).

As I said, for risk reward, IMO this represents an excellent entry point (though HV is making me very nervous - the sooner we get an update on this the better).

I don’t get the impression the seller is finished. Looks to me like the seller is waiting for buyers. IMO

Damers, unfortunately you are mixing CoS and PoS. They are not the same, would be great if they were.

"It should read: 90% chance (P90) of discovering over 1 billion barrels / 50% chance (P50) of discovering over 4 billion barrels / 10% chance (P10) of discovering over 13 billion barrels."

P10, P50 and P90 is Probability of Success, meaning you apply this in the event that you find hydrocarbons. So it is 20% CoS for first well, then you can apply the PoS.

If you want the correct calculation, multiply CoS x PoS.

So 20% (Cos) x 90% (P90) = 18% chance of finding 1B

Thats it, lol same sentence says "as I don't think" which in my mind is an opinion. I'm pretty sure nobody wants to be reading this, everyone knows this is discussion board so lets stop wasting everyone's time and move on.

Ashton, as ever you continue to entertain. Having shown your lack of financial nouse in not having a scooby about what a forward sale is you then lie about what I said. This is a discussion board, I believe that HV will sell the shares (if they haven’t already), that’s an opinion, presumably you have an opinion they won’t. I never said I had proof, just like you have no proof he won’t. So stop telling porky pies to make up for your obvious shortcomings. All the best young man lol

Typo (hit..... achievable targets)

Let’s hope so Jacksdad, now Directors have their EBT they can publish some positive news 😂 so market cap can hit their achievable targets

Let’s hope so Jacksdad, now Directors have their EBT they can publish some positive news 😂 so market cap can here their achievable targets

Ashton,

You have taken two statements I have clearly explained, conflated them to suit you agenda once more. Lets be clear. 80M has a clause restricting the sale of 220m shares by Greendome before end of June 2026. That is a fact. 80M have not provisioned that with any other clause.

Forward selling contracts have absolutely nothing to do with 80M's contractual terms around this share, in actual fact any standard contract would include the provision to restrict not only direct sales, but also forward and option sales.

Myself and NicosEvos, speculated that Greendome may have entered into a forward contract based purely on rationale that there is a large seller(s), asnd could it be Greendome, pure speculation. You on the other hand a presenting as fact which it IS NOT.

I'm all for grown up conversations Ashton, but trying to bend the truth to suit you narrative, I don't agree with.

The fact is, the stock is where it is and there are issues - you can choose to ignore them or you can choose to accept them and take a more informed outlook but either way the share will land at its true value eventually. For me, I think the price is too low for potential reward, however, there maybe some bumps along the way until true value is arrived at.

Hi Ashton

Respectfully, you are being selective in you reading. Prior to the paragraph you extracted, it clearly states the terms.

"In consideration, for the move to 100% 80M has paid Greendome €100,000 and will issue 220,000,000 new ordinary shares in the Company ("New Ordinary Shares) to Greendome Holdings Inc ("Greendome") and assume additional deferred payments to the original vendor.. If the value of these New Ordinary Shares triple before June 30th, 2026, then no further payments will be due to Greendome and the transaction under this Agreement shall be considered completed. These shares are locked in until June 2026."

The important part being, they are locked until June 2026. It doesn't say end of June, but the reference date (tripling of value) is 30th June 2026 so you may wish to imply end of June 2026 as I have.

The paragraph, I assume you are referring to below and refers to the admittance of the shares to the register. The reference to trading means they will be part of market cap and would form part of any calculation for corporate actions, valuations, etc, it doesn't mean the actual 230m trades can be traded by Greendome as that would be contradict the prior statement.

"Application will be made to AIM for the 230,000,000 New Ordinary Shares to be issued pursuant to the acquisition of Hydrogen Valley , which will rank pari passu with existing Ordinary Shares, to be admitted to trading on AIM and it is expected that Admission will become effective and dealing will commence on or before 14th November 2025"

As much as we would all like this not to be true it creates a real contradiction, on the one hand you have shareholders sitting on healthy profits who have no intention of risking it on two drills, entities who have received shares in lieu of payment who also have no interest in rolling the dice and finally, an amazing entry point for new shareholders prior to new drills.

NicosEvos raising interesting point about them being sold forward, I did wonder as it serves dual purpose (1) deflate price, more shares for Greendome using 30 day VWAP (2) Lot of shares to sell, better to spread of several months.

Hi WiseInvestor

"The forum post makes the liability sound imminent"

I don't believe Tony or myself implied this. Tony was was highlighting the date (end of June 2026) was relevant as a reference point, and I cut and pasted the text from the RNS and payment dates are clearly included in this.

Ideally we would all like the shares to treble pretty sharpish to avoid these future liabilities and dilution.

The other point to mention, and regardless of SP. On 1st July, 220m shares will hit the market which isn't great for the share price (unless he can find a willing buyer to sell offmarket) as I don't think the ex HV peeps are going to stick around for Disko drill.

For new shareholders, this may represent an amazing entry price for risk/reward - two drills and £40m mcap.

You are correct.

“ In consideration, for the move to 100% 80M has paid Greendome €100,000 and will issue 220,000,000 new ordinary shares in the Company ("New Ordinary Shares) to Greendome Holdings Inc ("Greendome") and assume additional deferred payments to the original vendor.. If the value of these New Ordinary Shares triple before June 30th, 2026, then no further payments will be due to Greendome and the transaction under this Agreement shall be considered completed. These shares are locked in until June 2026. Otherwise the following will be payable;

1. an amount equal to €750,000.00 (seven hundred, fifty thousand), in cash by wire transfer of immediately available funds on Greendome Bank Account to be made not later than the 30 June 2027;

2. an amount equal to €750,000.00 (seven hundred, fifty thousand) to be satisfied by the allotment of a number of New Ordinary Shares in 80M equal to the 30 day VWAP

3. an amount equal to €1,500,000.00 (one million, five hundred thousand), to be satisfied 50% in cash by wire transfer of immediately available funds into Greendome's bank account to be made no later than the 31 March 2028 and 50% by the allotment of the corresponding number of 80M Shares (the "Third Shares").

As part of the transaction, an additional 10 million New Ordinary Shares will be issued to Hydrogen Valley. In conjunction with the acquisition, Mr Mark Frascongna, current Managing Director of HV, will join 80 Mile as Chief Executive Officer of Italian operations in a non-board role. HV will become the 100% owned subsidiary of 80M.”

AROK / iLDuce

I don't agree with your analysis though you may argue semantics, " it's that so much stock has been sold and yet buyers keep showing up". Looking at the trading pattern since selling started at beginning of May (as I have been, daily). The buys aren't soaking up the sells, the sells follow the buys, and is consistent with block trade algo (VWAP/POV) where stock is sold following buys, weighted by daily volume. Over the last 30-35 days the sales have consistently matched the buys, this is not a coincidence, this is the algo.

If I can spot a block trade you can be sure the rest of market sees it, which may explain the lack of volume. Given the low volume it maybe a while before we clear the overhang, however, once its gone I wouldn't be surprised to see an initial bounce to 1.10p then onto 1.3p before another round of profit taking. Hopefully that will happen before end of June.

Hi Arko

We’ve been hoping seller would have disappeared by now, given 400m shares have been traded in May and I guess another 100m this week.

In grand scheme of things 500m is not a huge number and I think this is part of problem (IMO), the volumes averaging 25m per day is very light considering the position 80m finds itself. When we had the initial drill news back at start of year we were had days trading circa 200-400m (from memory). The seller(s) is clearly trying to offload without scaring the market but volume isn’t there to soak up the sells.

If I had to speculate as to why they were selling, I would

Imagine there are quite a few buyers who want to lock in the profits before Disko and Jameson drill rather than risk this on outcome, plus some people who hold shares in lieu of payment who again are not speculators. Is there anything more untoward then I guess we will find out after the event but let’s hope not.

I think this is a fantastic entry price but unfortunately there are still a lot of sellers out there IMO.

Cybertron, you keep telling everyone to report RachT. What are you reporting RachT for? If you don’t like what she has to say, either filter her, ignore or respond to her very well considered analysis.

For everyone else, if you don’t allow balance on this board you will be manipulated by the ramping crew. There is no value in pump and dump for PI’s, you scare away buyers in longer term and newbies end up buying at top instead of bottom and lose interest to further invest.

I understand it is easier to support someone who provides constant positive messaging and ignore those who post cautious / negative statements but everyone has ability to ignore / disagree.

The problem with all this juniors is one of trust, Pump and Dump merchants destroy that trust for their own personal gain.

Https://simplywall.st/stocks/us/pharmaceuticals-biotech/nyse-nuvb/nuvation-bio/news/a-look-at-nuvation-bio-nuvb-valuation-after-new-ibtrozi-outc/amp

Against the last close of $4.72, the most followed narrative points to a fair value of about $16.80, rooted in a detailed view of Nuvation Bio's oncology pipeline and future cash flows.

Unfortunately share price doesn't stay up thats why its called a pump and dump.

Just so happens that an anonymous person has created a blog where first two posts regurgitate RP words as if they are gospel plus a whole load of uninstantiated nonsense.

And then this…

“ Ken Griffin and other members of the circle around Trump Junior want to buy the entire company, take it private, and sell it to an oil supermajor.”

What a complete load of rubbish.

This is the reason the ramping crew want me and RachT off this board - so they can peddle nonsense like this and rip off hardworking shareholders by pushing price up so they offload shares they bought prior. This is what ramping crews do.

Any minute now Buzz will pop up and tell us he he’s topped up again.

Yes of course I’m just trying to push the price down…… Errm I think someone is doing that already and has been for last one month.

Every time the Ramping Crew turn up the price goes down, followed by RNS. Not suggesting anyone should sell but I would be very careful.

Hi Cybertron

Thanks for you reply, of sorts. I can't say I understand it, something about "nahec" and "space criminals", seriously no idea what your saying but you have two upticks so I guess the Ramping Crew are fully on-board. The good news I see, is your saying women and equal to men - reading between the lines, I think your saying its ok to be sexist and mysogynistic as long as you equally rude to men. Its an interesting take on equality.

Cybertron I wonder if you would be happy if someone used same language in response to your Mum, Wife or Daughter.

A few people seem to like it, I guess I’m just old fashioned.