Member Info for SmoothOperater

Most likely recent shares related historic debt being offloaded.

Nothing to suggest the RTO will not go through.

Mr Sattar at 13.27% should be more concerned about dilution than us, even though he's recently increased.

Is it manipulation or did MrSattar just buy into weakness?

Someone un-wound more shares than he bought in the early part of last week.

The price dropped as the buyers appetite diminished.

10p was the placing price, not a condition for completion. The RTO isn’t dependent on the market trading above 10p.

The recent share issue was not a placement, It was the company satisfying a previously agreed obligation by issuing shares instead of paying cash

Im not sure myself, it's a bit of a grey area but time will tell, and if you're on the sidelines hoping to get in on a notice RNS, it may never come...

The vote in December has covered the majority of the RTO, shareholders do not vote on a prospectus as that's for the FCA.

I say it is debatable because this is main market listed, unless theres a material change from what's already been voted on or the FCA /sponsor asks for it, I'm not sure.

CEO Chris Chadwick is a very experienced CEO, this is by far the smallest company he has dealt with in his career. In a little over two years he has managed to negotiate two Reverse Takeovers, the first one failed due to funding issues on a time defined binding contract.

It's crazy to think he will make the same mistakes, going into the next RTO. Infact the company is behaving totally different in the run-up.

There's not much left to do now before the RTO completes.

CPR - institutional funding- prospectus approval - maybe a shareholder vote/ debatable whether the BoD can actually just approve.

Once the CPR / Funding/ prospectus approval it will be 95% chance of success.

The current pre-RTO shareprice has no input to the Post-RTO shareprice

I'd prefer the shareprice to be higher but I will keep accumulating down here.

This is pre-RTO with 85% chance of success.

Historic debt looks to be settled

Historic share issuance looks to be settled.

Current liabilities are unknown but a funding mechanism is in place for them.

15% chance of it not being a successful outcome, but the company would not go bust.

These transactions would be normal for the company to have a plan B with the above scenario.

There is nothing to suggest the deal will not go through or the company is a scam.

Read the tea leaves, theres plenty clues to the likely outcome or just listen to the same historic past performance issues bearing in mind the CEO has only been in place around 18 months and negotiated his 2nd RTO. (Any acquisition involving issuing over 100% of the share capital, can be labelled a reverse takeover despite what a certain poster keeps repeating).

It never went yo 5p after the last RTO collapsed, and now the company is in the strongest position it can be at this time with an RTO stll happening.

Yet the shareprice is faltering, probably to get weak hands out.

I've bought 31% of my holding under and since the latest placement price of 11p.

Whilst others repeat garbage over and over, trying to trade it, no doubt.

I'm accumulating as the RTO progresses towards completion.

Conversely everyday that passes is a day nearer the RTO.

from yesterday's RNS:

"The Proposed Acquisition continues to progress in line with the Board's expectations"

So the RTO is not only progressing, it's in line with the Board's expectations and NOT random negative posters lol

There's now enough clues contained within the February RNS announcements.

If you know, you know.

Chipsta is like a child repeating over and over, no-one cares about their trades.

This company is progressing a reverse takeover transaction and it's best left to the adults in the room to decide whether to invest or not.

Someone who repeatedly casts some sort of doubt after they claim to have exited themselves , comes across as very immature.

The RNS is a Reach (non-regulatory) update.

That tells you it's not price-sensitive inside information.

They’re preparing the ground with a confidence-building disclosure.

Consistent with prospectus-stage positioning.

They Are Not working to Carmzy 's timeline!!!

Carmzy's posts are too emotional to not be invested IMO

They have to wait just like everyone else.

RTO looks very much on and those invested at this price range will do very well IMO

Also they have found more than enough product to get the RTO completed and massive expansion as the project is completed.

RNS-R, It was more of a confidence-building update as the CPR upgrade is on-going.

Prospectus likely being finalised.

As the key authorities were voted on in December, and this being a main market listing's, it's possible RTO completion on publishing of prospectus, to re-admission the next trading day.

“expected to include certain JORC resources being upgraded… prior to completion”

They are actively strengthening the asset before re-admission.

I wouldn't have thought so, the RNS reads like an update on where the asset is currently.

The RTO is dependant on publishing the prospectus after FCA approval.

Who knows when the decision will come or will it be appealed when it does.

The main focus is the RTO and thr Uranium asset will be given a value to AMG in process.

Feels like the pieces are all falling into place gradually.