Member Info for SmoothOperater

Https://find-and-update.company-information.service.gov.uk/company/14893437/filing-history

In the filing on the 10th of October, it says the UPSA shareholders vote was on the 1st October 2025.

Two-weeks ago UPSA shareholders ratified the RTO.

AMG shareholders are yet to vote, I suspect we are the last procedure obstacle.

They'll be calling this vote within the next fortnight IMO.

Rare opportunity to buy in before the RNS flow starts in the final stages of an RTO.

Here we are

Agree yes £2.50 is my target , it may go a lot higher its going to depend on future revenue.

Agree, longer-term holders hold over 50% of the share count, and the biggest holder is also a director.

We're in the final stages of a massive RTO for AMG shareholders, with the recent UPSA update the quiet period must be ending soon.

Market makers don't have the stock availability hence the spread.

I've no idea of the RTO price other than we will get 3% of the new share count.

My plan is to hold for 18-months because:

All those connected should be locked-in for a year minimum.

There's more than five times bigger resource potential.

Their plan from the financial statements, is to become a leading global supplier.

AMG shareholders are looking at getting a 3% slice of a potentially very big pie in around 18-months or 3% of a big pie after the RTO.

I'm holding for the life changing potential.

They're going to RTO with £1.62 billion resource (estimated) and they have further rights for more than five times the size.

Estimated £16 billion resource combined.

Https://find-and-update.company-information.service.gov.uk/company/14893437/filing-history

The target company UPSA, has filed pre-emption rights on a warrant for 22.5m shares.

This means financing via warrant conversions for non-UPSA shareholders.

On paper, that means their current 2000 shares , has been structured with a 1.2 million percentage increase. (1.2m%)

Inline with the share structure for a reverse takeover.

Its happening folks.!!! Buying before the RNS opportunity

Here we go, you had your chances to load up .!!!

UPSA has just increased it's share structure by 1.2 million percent. 1.2m%

Typically this is done close to the end of legal due diligence / prospectus finalised or approved.

UPSA currently has a share count of 2000 shares (at £1)

This additional 22.5 million shares via warrant conversions, is the RTO foundation shares for non-current UPSA shareholders.

Https://find-and-update.company-information.service.gov.uk/company/14893437/filing-history

Their latest update (10th Oct filing) a special resolution being passed, for the warrant issue of 22.5 million shares (no fixed price yet, just calculation value shown).

The pre-arranged financing via warrant conversions are for non-current UPSA shareholders.

There's no direct effect on AMG shareholders, as this is on the UPSA side, they're clearing the way for the RTO.

Take your seats before the newsflow starts.

The price and timing tells you it's not a real market transaction in the usual sense.

£2.50 total it's clearly not a commercial raise.

It was a technical issuance to restructure the share capital inside a subsidiary and not on the public market.

Essentially, it was an internal tidy-up step to ensure UPSA ownership and share structure is aligned before the RTO relist.

It's happening folks, take your your seats

Good find Copper1,

it's going to be massive returns for us over the longer-term.

I'm looking at holding for the 18 months growth period Post-RTO.

Capturing these offtake agreements will boost the company's MCAP, and I'll be riding it all the way.

Sellers know absolutely nothing more than we don't already know, I suspect they know less hence the sells.

Possible life changing returns longer-term.

Unlike last Xmas, this Xmas we'll be in club tropicana where the drinks are free

Sellers at this range won't stop the RTO, they're just selling themselves short because they didn't have the faith.

More importantly current shareholders have a good idea what is coming and they are the one's to be rewarded for their faith.

We know they've planned this RTO using an estimated 250 million tonnes of product, and Post-RTO there's a further 1.35 billion tonnes of reserves to add.

Potentially a combined £16 billion worth, for the new company longer-term.

It's a compelling investment case for savvy investors.

Im estimating there's around twenty investors holding 50% of this stock, holding longer-term.

Market makers haven't got many shares available, sooner or later a big move will happen.