Member Info for soulac

Mining Minerals & Metals plc

("MMM" or the "Company")

Proposed Acquisition of Georgina Energy plc

Mining Minerals & Metals Plc, the investment vehicle established to undertake an acquisition in the natural resources sector, is pleased to announce a further update on the proposed acquisition of Georgina Energy plc ("Georgina Energy") ("Proposed Acquisition").

The Company and its advisers have finalised the terms for the Proposed Acquisition, and subject to receipt of approval of the Company's final form prospectus from the FCA, will publish a definitive timetable for completion of the Proposed Acquisition and re-listing on the official list and admission to the LSE, which remains a target for July 2024.

Finally, Georgina Energy is continuing to work on its projects and remains on target to commence drilling the Hussar Prospect by the end of 2024.

Good move , if we get good news you can always buy back in, maybe 50% higher but with the sp so. Low it still will be a massive bargain, gl

Just watch the Tr1 come in,

Thus far in 2024, we have completed sales and received orders that could result in revenues of $2.5 million. We expect further sales and additional resulting revenue for the year, particularly with our ability to expand our commercial team as a result of a successful fundraise

Positive, not pool,

lol

I think the company will be cash pool before then, gla

Moneys to last to at the least Q1 2026,

Sales for 2023 were below our original expectations, as the capital sales process at hospitals took longer than the Company had originally anticipated. Upon my appointment and subsequent review of the strategy, we reduced our sales forecasts and adjusted our spending plans to extend our cash runway. This prudent financial management allowed us to finish 2023 with a higher-than-anticipated cash balance of US$6.2 million.

On 18 June 2024, we announced the results of a financing with gross proceeds of US$12.6 million. This financing is expected to support the company financially until at least Q1-2026.

Very positive RNS,

Code 1 Rns coming

500k buyer taking out all early sells. Could move up quickly

Just came across this, it’s showing that Nelson gardens energy is a subsidiary of greenfield energy,

https://www.google.com/search?q=greenfeild+energy+llc+subsitdery+companys&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari

No

And the selling continues,

Https://www.sheffield.ac.uk/research/features/polaris-mri

Watch this bounce back

Yep he waiting for a little drop, anytime soon, lol

Relentless 500k buys

Looks like large orders being worked.

Picking up nicely, 2.3 -2.5 finish

Could move up very quickly now,