Member Info for Simms45

For me after indigestion of Condor acquisition we are now playing catchup. With a lot of Condor investors focusing on the next gold explorer in the “looking for needle in a haystack” Metals is stealthily progressing. If Drachs or Candy want my shares they will have to pay 30p and not a penny less today. There is a big gap still to close but as free float disappears into deep pockets and as bigger investors want to buy in its fair to say long-term investing is the best play here. While traders could predict the Condor exodus i think that anomally is behind us. The future is now about the projected $450m free cashflow in 2027/2028 which will come into focus very quickly and the 3-5p dividends it might allow if the board take that position.

Old guard getting wiped out now. JM falls to make way for Drachs. Big money yet to be made as Darren propels us to his $2bn valuation plan!

Does it relate to Darren Brown shares? It must be moving shares around as even if someone was book building since last week this level of shares is not in free float. Net of free float is getting smaller though Drachs and others hoover up shares. PIs will have less say overtime.

Wow in one fell swoop Darren almost becomes a bigger shareholder than Jim Mellon. Really surprised JM has so little shares at around 7.5% of Metals so only £19m or so. i guess deal did give 30% cash but he is now a small player in Metals.

There is considerable value built up in Eqtec from over £60m invested and plenty is tied up in projects to be realised in time. The pivot is working, revenues rising and costs we are told have been trimmed. In the recent RNS outlines new feed work in France and US. I dont know potential of this joint venture in Saudi but i hope DP gives investors a chance to recover losses and the board keep CompactGTL as a 30% investor and not allow further dilution when assets can be realised in time. We are debt free so options for debt as opposed discounted placings at a fraction of our assets should be possible. I do not see we should be having placings when assets or debt should be looked at given our 70% discount to net assets.

At least you present your case. I believe Metals are moving into the goldilocks market cap of £250m where institutions now take interest and Drachs etc are all buying in ahead of the clamour once progress is made on La India and Further gold is secured in the Phillipines. I think Metals can double in the next 6 months just based on delivery.

I largely see the option agreement as a backstop and only triggered in 6-12 months and if we are less than 1p. However we will have done something very wrong if we are not at least 2-3p once Northfork, Croatia and Greece come in, not to mention Hawaii, France and Spain. All are big ticket deals. We do not need cash today as we have a good level for this year as far as we are led to believe. However DP should do a call to go through and put down the donspiracy theories :)

Last year you were saying the same but it was Altair etc this time and DP was up to his tricks but it now looks that Altair are sitting on a huge loss having invested at a dar higher price than today so if that was not the case does this new conspiracy have any legs? If any of below was true and Compact cant vote in the EGM then surely Altair will vote some of this as will Pitcole. DP must have sold this to Altair as resolutions cannot pass without their support. Therefore you can assume probably both are onboard. I think for transparency final results should be released and to wait for Northfork to go live before this type of deal is announced as i suspect this will have a very positive outcome. The option agreement is worthless once we are above 1p and frankly this seems very easy to achieve. Northfork will add 1p alone once out of Chapter 11.

As our market cap grows we come into sight of bigger pockets. £250m market cap is one key level so i suspect many of recent buys and in future will he institutions tapping into future dividend growth. 12p today would be nice but just a matter of waiting.

More deadwood cleared out. As we found out recently as we clear out the old guard Metals can rerate . Let the good ones ride and im focusing on the $450m+ free casflow in 2028. Big step changes still to come as we trade less than forward PE of 1. Once dividends start flowing PE of 8 is more likely. Gla

Manu what is the connection between African minerals, that you appear to have lost a substantial amount of money, and Kefi/Harry? While Kefi have spent in excess of $100m to date and diluted every investor since the last 10 years into near oblivion there does look like a closure this month that will reward those investing at these lows.

Hopefully in next few weeks you will read the entirety of the final results and go through all projects on 4 continents and update on the Saudi JV for SAF. I am hopeful we continue to see revenues rise and gap closing on costs. 2025 could be a profitable year once Northfork is on stream and ideally we sell that stake once out of Chapter 11. plenty to be confident about.

All these last minute placings to bring onboard “certain” investors and use to squeeze out private investors as a percent of company that have served their purpose investing at much higher levels and helping get away placings :) If Harry can deliver what he has said this month then hopefully private investors can recover their losses and then some. Feeling confident this is about to all happen as Harry has filled his boots and now all his mates have also. Time to bring if home!

You clearly are not reading recent reports showing growth in revenue and projects going live this year. Sure shareprice has been decimated and plenty of negative sentiment aimed at DP, not disputed, but Yoel and engineering team and projects around the world completing this year shows Eqtec technology is very much alive and well and a case of delivering in 2025, starting with Northfork that is about to go live.

Taking private is totally backward and damaging to the company. Staff can no longer realise share options so disincentivises employment and same for Altair and all other investors along the road who can no longer realise gains or not. You take a company private as an absolute last resort, normally as part of receivership, not when the company is in a strong position. Plc status matters for strategic partners to see proper accounting and reporting. There is no benefit to the majority of shareholders to go private, most of all Compact GTL who will want to make the most of its investment. The company needs to now release final results and properly talk to investors. Problem with investors like yourself is that the relentless constant negative sentiment does affect other shareholders interest in the company and ultimately makes it harder for Eqtec to raise finance at higher values, making this all worse. Its self perpetuating and while you might be proud of your achievements Eqtec technology is incredible and the more support the more chance as the future delivers that all investors, especially private investors get some return.

Eqtec is going from strength to strength based on its growth and if i was Compact i would be keen to maximise my exposure to that. Certainly the role DP is playing is uncomfortable as its far from independent and hardly getting best value for long term investors. Key is Compact has every intention to realise its huge potential capital gain on this investment so if Eqtec recovers to at least a £100m market cap (reasonably easy to achieve on turning profitable), Compact would have around £54m from its £3m investment. They can only realise such gains from having Eqtec listed. If business continues to grow Eqtec share price will do likewise and everyone benefits. Continued talk of going private is just talk as almost all investors of private companies dream to get listed hrough an IPO to realise their gain and access funds. Makes no sense to reverse that as it limits eqtec to raise funds and realise gains and now Eqtec must build its market cap from continuing to deliver on its plan, which it appears to be doing but shareprice is massively mismatched. Better to support the company and help rebuild its market cap.

Full year results due anytime in June. No news i am taking as good news and that all updates since last update RNS are on track as legally they are required to report any price sensitive data as it happens. Therefore plenty to unpack and i hope we start a long overdue re-rate. i am hopeful news of Northfork will arrive prior to final results and that we are closing the gap on revenue and costs. Any number of positive updates are possible. Gla

Exactly focusing on 1 full year production of La India and Runruno in 2027. Run the numbers what 140k ounces and 80k ounces throws off in cash at $3200 gold and $1200 aisc. Nice number in excee of $450m. Run the numbers, look at dividends and this is 10x on basic numbers. Sure some execution risk and we need to sort Runruno mine extension but i am actually under estimating PE by a good margin just to be conservative and not upset anyone here :)

Slowly but surely closing the value gap but have to second look that we are only £240m market cap. That is craxy. Thats a PE of 1 in a couple of years :) Once dividends are in place 10x is not unlikely.

Not invested currently but if i read this right BMV forgot or did not pay the £55k extension and missed 3 year deadline under mistaken idea they thought they did not have to? Seems odd circumstance.