Member Info for SmoothOperater

The price of uranium is considerably higher now, when they're deliberating, could work in favour

Amadan, thanks very much, going by that article around $3 million plus, could be more won't be less.

The specific financial arrangements between Enyo Law and International Mining Company Invest Inc, regarding the arbitration against the Kyrgyz Republic, are as far as I know, are not publicly disclosed.

A 50% share of compensation after legal fees is quite high in international arbitration.

A law firm is working on a full contingency basis (i.e., only getting paid if they win), a cut of 20-40% is the norm.

Would be good if you can share where you read this 50% cut.

It's anyone's guess how much compensation, I suspect around ten times current MCAP for AMG would not be a million miles out.

Greg, I'm intrigued at first I dismissed your claim but it appears that they may have won their arbitration claim and the court is now deliberating the compensation.

Expecting this compensation award to be sometime from July to December 2025.

Rolf has departed and there's still no fundraising, so something positive behind the scenes is going on.

Agree, very exciting now it's game on. IMO

Crikey, I think the last deal would have had us at 130p area, that prediction nearly doubled it.

Chris Chadwick is a deal maker but that's going some, unless there's a lot of value expected to come from the legacy assets.

I think the cautionary posts were removed because of the libellous content as LSE would also be complicit in allowing them.

All I said they wouldn't have known the company would have been available before the ending of the SPA.

Purple Hedge, most likely took advantage of the situation because, I believe Purple Hedge and AMG were already swimming in the same pool, on making acquisitions.

To my mind, clearly they'd already looked at purchasing CMO before AMG made the agreement to buy.

By offering the exact same amount as was previously accepted for AMG , it would eliminate a bidding process.

It's the only reasonable solution, I can come up with that makes sense to the timeframe or Purple Hedge making the acquisition.

Copper1 , Purple Hedge would have known after the RNS on 24th January and not beforehand.

There's no evidence to suggest otherwise as there was a binding SPA in place, there is a distinct clue as to what happened, in the fact they paid the exact same price as was in the SPA, being a private company they could have actually wrapped it up sooner than the 8th of January, most likely this would have been a date for Managem to decide.

Always DYOR

There's no-way the company knew anything or anyone else until the meeting with the funds happened. 100%

It was a very small number of people involved in the deal and if there was any sort of leak , currently they stand out like a sore thumb and they would probably know it.

Sonic, I've never heard anything known from the 19th December until Take_AIM said, and I've no reason to doubt them.

So let's think about it...

There had to have been a meeting at or before 19th December.

Those attending, would have been the Company, the company's advisors, and the Funds. ( est 3 to 5 people)

Where would a potential leak come from?

It wouldn't be in the Fund's interest.

It wouldn't be in the company's interest.

The advisors, well they may have clients who are also shareholders...

If the above is true, it wouldn't be much of a stretch in the imagination of everyone.

We'll probably never get to know anything but it will be interesting to see who is kept on going forward.

TBH I wasn't happy at all with it because I was relying on the BoD not shafting shareholders and voting without seeing what was entailed.

I still believe they weren't going to but also think the next RTO vote we should see the prospectus first.

From the circular;

"In order to expedite the process for Admission (which involves the publication of a prospectus on the

Company as enlarged by the Acquisition (the"Prospectus")), we are asking Shareholders to approve

the passing of Resolutions to implement the Acquisition and Admission ahead of the publication of the

Prospectus; this shortens the timeframe to Admission by at least a calendar month, "

Knowing now there was a definite stop date, I don't think the company had much choice, as a vote after publishing the prospectus, would have also most likely missed the timeframe making the deal fail.

@Take_AIM I've no idea where 19th December date comes from and would have to take your word on that.

Usually shareholders would have seen a prospectus and then voted, but to speed up the process, the vote was before seeing the prospectus.

Prospectus would have contained all the information surrounding the transaction, providing transparency.

As the RTO failed because of the hard stop date within the SPA, and the company unable to complete within that timeframe, the prospectus was never published.

The company has previously raised funds, via a structured CLN, whereby the terms would be set at post-RTO price, and I see no reason why this wouldn't be the case again, providing the company is able to show a compelling opportunity for another RTO.

It's now been over a calendar month since the failed RTO, and therefore it would be reasonable to assume that any leftover debt from that transaction would be carried forward into the next.

Secondly, dilution is not something to be afraid of, especially if it's structured correctly.

The whole business model is to consolidate assets through acquisitions.

They'll only require one RTO and the rest will be purchases.

One failed RTO , I'm sure there's lessons to be learnt from it but that's business.

Only 14.7 million shares currently and there's plenty of space to add to that through creating shareholder value in acquisitions.

Looking forward to seeing it all play out.

Quite simply, If they were going to dilute for a cash call it would have happened by now.

They're exploring options and looking to maximise shareholder value from existing assets.

So any dilution should be for another RTO.

Waiting game now, I'm not expecting any bad news only good news...

Irishdemon, I think I will agree with you on that point and it will be interesting to see who does what going forward.

Sonic, who cares about how many trades there are? Tomorrow will be a calendar month since the failed RTO, and there's been no fundraising so far with Chadwick saying he very pleased with the quality and breadth of the alternative acquisition opportunities that are being presented.

I can't be the only one smelling something in the background.

Where there's muck, there's brass (in this case copper & gold).