Member Info for tahmass

Single-share trades—placing an order for exactly one share—are a well-documented technical strategy used by algorithmic and high-frequency traders (HFTs) to test market liquidity and gather information.

This seems the only plan .

The institutes owe now more than 85% of the company .

They sit in the board . They will refuse any licenses or deals as it would be bad business for them .

They will take it private as they have the 75 % vote needed .

Will buy this for cheap and then develop the evidence required and make millions out of it .

Retail share holders will end up with nothing .

I feel this will be announced soon by the governments review body .

It won’t say directly PSE but the use of newer tests once there is a raised PSA to reduce the need for MRI and biopsy .

Two reasons for drop

1-The sales are most likely UBS Exit: The report from 9 April 2026 officially confirmed that UBS Group AG liquidated its entire 5.14% position in RC Fornax plc (RCFX).

2-The upcoming earnings report scheduled for 16 April 2026 may also be contributing to the "sell-off" as investors de-risk ahead of the update.

I think having read all answers and reasons . This is the best deal for even minority share holders . The company had no other choice and this will actually make the Chinese company really push for results .

I am happy to hold . I think the shares will be 1.5 within 6 months . But never will see 10p .

Continuing…

1. Valuation of the 50.1% Stake: The shares were issued at 1.11p. Can the Board provide the independent valuation used to justify that this price—and the resulting 50.1% stake—accurately reflects the long-term value of the 2-billion-tonne Muchesu coal asset?

The shares of Contango have been trading around 0.7-0.8p for some time. In the event the Company had sought to raise capital from traditional equity markets, it is highly probably the placing price would have been materially lower than the prevailing market price of 0.8p. It is then also likely that there would have been a material overhang that would have need to be cleared as the share price moved up above the placing price. Instead the board has dealt at a near 40% premium to market and with those shares not creating an overhang in the market. The reality is there would likely have been more than double the number of shares needed to be issued to market participants than have been issued to the Chinese investors, thereby significantly reducing the dilution all shareholders have needed to take.

Please see the Company's responses below.

Kind regards

Investor Relations Team

1. Alternatives to Dilution: Given that the company's immediate debt was approximately £5 million and it is owed circa US$20 million in historical investment repayments, why was a 50% equity giveaway deemed the only viable path? Did the Board consider securing a bridge loan or a debt-for-equity swap that did not result in a loss of majority control?

It is not a 50% ‘equity giveaway’. £5M at 1.11p equates to 450,450,450 shares. There are currently 758M shares in issue, so this placing represents about 37% of the enlarged. The US$20M is not owed for some time and it is also paid pro rata with PGI alongside the $20M they have invested infrastructure at site. The shareholder loans are long past due, some by almost 2 years. The shareholder loan providers have been patient but made it clear they wanted these suitably addressed in the near term.

1. Rule 9 Waiver & Future Delisting:Crossing the 50% threshold gives the new strategic partners significant power over the company's future.

The shareholders have expressed a strong desire to maintain the listing as they expect to further enhance their returns. It should be noted a Special Resolution would be required for cancelling a listing and this requires a 75% majority of shareholders who vote.

1. Conflict of Interest: Since Pacific Goal Investments is the operator of the Muchesu mine, they are effectively both the payor and (now) the majority owner of the royalty receiver.

The royalty mechanism is very simple and aligns Contango shareholders with the development of the project. If PGI, as operator, want to unlock value they will need to produce coal. Contango gets a royalty from this production and will ensure monitoring of production. PGI/Huo Investments would also now benefit from 50% of these royalties, so it would be reasonable to believe they would be more inclined, rather than less, to boost production – noting also their historical investment has been specifically to enable for expanded production. The royalty scenario is different to a profit share etc, where factors such as cost of production / prevailing coal price come into play, and this was specifically why Contango structured this way.

1. Dividend Timeline: The announcement suggests this "debt-free" status allows for a significant dividend policy. Will the Board commit to a specific timeline or a minimum percentage of royalty income to be distributed as dividends to compensate for the massive dilution we are being asked to accept?

Whilst we cannot put a figure on it at this time, the board expects a material dividend policy and will update when appropriate.

1. Valuation of the 50.1% Stake: The shares were issued at 1.11p. Can the Board provide the independent valuation used to justify that this price—and the resulting 50.1% stake—accurately reflects the long-term value of the 2-billion-tonne Muchesu coal asset?

The shares of Contango have been t

Email Draft I’m sending

Subject: URGENT: Shareholder Inquiry Regarding Strategic Investment and Rule 9 Waiver (13 Feb 2026)

Dear Investor Relations Team,

I am writing as a shareholder of Contango Holdings PLC (CGO) following today’s announcement regarding the £5 million fundraising and the proposed 50.1% control by Pacific Goal Investments and Huo Investments.

I have several grave concerns regarding the impact of this transaction on minority shareholders and would like to request clarification on the following points:

Alternatives to Dilution: Given that the company's immediate debt was approximately £5 million and it is owed circa US$20 million in historical investment repayments, why was a 50% equity giveaway deemed the only viable path? Did the Board consider securing a bridge loan or a debt-for-equity swap that did not result in a loss of majority control?

Rule 9 Waiver & Future Delisting: Crossing the 50% threshold gives the new strategic partners significant power over the company's future. What specific protections will be put in place to ensure that these majority shareholders cannot vote to de-list the company from the London Stock Exchange in the near future, thereby trapping minority shareholders in an unlisted vehicle?

Conflict of Interest: Since Pacific Goal Investments is the operator of the Muchesu mine, they are effectively both the payor and (now) the majority owner of the royalty receiver. How will the Board manage this inherent conflict of interest to ensure royalties are paid fairly and transparently to Contango for the benefit of all shareholders?

Dividend Timeline: The announcement suggests this "debt-free" status allows for a significant dividend policy. Will the Board commit to a specific timeline or a minimum percentage of royalty income to be distributed as dividends to compensate for the massive dilution we are being asked to accept?

Valuation of the 50.1% Stake: The shares were issued at 1.11p. Can the Board provide the independent valuation used to justify that this price—and the resulting 50.1% stake—accurately reflects the long-term value of the 2-billion-tonne Muchesu coal asset?

I look forward to seeing these questions addressed in the upcoming Shareholder Circular and the "Fairness Opinion" provided by the company's advisors.

Sincerely,

We need to see Shareholder Circular which the company has promised to publish. This document will contain the specific terms of the Rule 9 Waiver and explain exactly what your rights are before the General Meeting vote.

Also they can’t take of listing unless they have 75% control .

Cadence is advancing the past-producing, integrated Amapá iron ore project in Brazil, where it has so far earned a 35.7% interest. The project was brought through a PFS and has recently been granted a preliminary environmental licence. It is expected to deliver a premium direct reduction (DR) grade pellet feed concentrate aimed at the fast-growing and undersupplied ‘green iron’ market. In a recent change of strategy, Cadence has pivoted towards staged development, looking to restart the small-scale Azteca plant, which will provide vital cash flows to further advance Amapá.

Loads why do you ramp up other shares here ?

Why do you keep telling us this is an awful share and keep ramping up shares you buy ? Like HUI which has plummeted today as all its RNS is just also ramp up and has no news about any financials .

The rise is attributed to positive updates regarding two of its key portfolio companies: IBAI and IGE.

Key Insights

IBAI Progress: Truetide's stake in IBAI saw a sharp jump following progress in its AI neuroimaging tools and U.S. market expansion efforts, boosting speculative interest.

IGE Contract: Gains in IGE stemmed from the confirmed delivery of a £3 million defense contract, signaling future revenue growth for Truetide after previous delays.

Portfolio Boost: Combined, these positive developments represent a significant boost to Truetide's per-share net asset value (NAV), which analysts estimate could increase to around 4.65p.

Powerhouse Energy Group (PHE) stands to benefit from Hydrogen Utopia International's (HUI) operations in Saudi Arabia primarily through the receipt of ongoing licensing fees for each operational facility that uses its proprietary technology.

The specific benefits include:

Per-Project License Fees: Powerhouse's business model is centered on licensing its proprietary Distributed Modular Generation (DMG®) technology. The company receives an annual license fee for every single DMG plant that becomes operational in any location in the world. The Saudi projects, if commissioned, will each generate a new, recurring revenue stream for Powerhouse.

Engineering and Support Service Fees: HUI may request Powerhouse to provide engineering and support services during project development and implementation in Saudi Arabia. Powerhouse receives service fees for this assistance.

Global Validation and Exposure: The successful deployment of the DMG® technology in a major global market like Saudi Arabia, particularly as part of the Kingdom's "Vision 2030" sustainability push, provides significant international validation of the technology's commercial viability and effectiveness. This could attract further licensees and partnerships globally.

Brand Reputation and Market Growth: As a champion of Powerhouse's technology, HUI's success in forging relationships with entities like the Saudi Investment Recycling Company (SIRC) helps reinforce Powerhouse's reputation as a leader in the waste-to-hydrogen sector, potentially expanding its global market footprint.

While HUI is leading the direct commercial discussions with Saudi Arabian entities like SIRC and has secured the necessary local investment registration certificate, the core technology being advanced is Powerhouse's. Therefore, every operational plant in the region translates into direct financial and strategic benefits for Powerhouse

Powerhouse Energy Group (PHE) stands to benefit from Hydrogen Utopia International's (HUI) operations in Saudi Arabia primarily through the receipt of ongoing licensing fees for each operational facility that uses its proprietary technology.

The specific benefits include:

Per-Project License Fees: Powerhouse's business model is centered on licensing its proprietary Distributed Modular Generation (DMG®) technology. The company receives an annual license fee for every single DMG plant that becomes operational in any location in the world. The Saudi projects, if commissioned, will each generate a new, recurring revenue stream for Powerhouse.

Engineering and Support Service Fees: HUI may request Powerhouse to provide engineering and support services during project development and implementation in Saudi Arabia. Powerhouse receives service fees for this assistance.

Global Validation and Exposure: The successful deployment of the DMG® technology in a major global market like Saudi Arabia, particularly as part of the Kingdom's "Vision 2030" sustainability push, provides significant international validation of the technology's commercial viability and effectiveness. This could attract further licensees and partnerships globally.

Brand Reputation and Market Growth: As a champion of Powerhouse's technology, HUI's success in forging relationships with entities like the Saudi Investment Recycling Company (SIRC) helps reinforce Powerhouse's reputation as a leader in the waste-to-hydrogen sector, potentially expanding its global market footprint.

While HUI is leading the direct commercial discussions with Saudi Arabian entities like SIRC and has secured the necessary local investment registration certificate, the core technology being advanced is Powerhouse's. Therefore, every operational plant in the region translates into direct financial and strategic benefits for Powerhouse

Specific funds identified as being part of this creditor group include:

Tresidor Investment Management LLP

Caius Capital LLP

Astaris Capital Management

Melqart Asset Management

These entities hold a significant portion of the company's $1.3 billion bond that is set to mature in May 2026. Other creditors include the commodity trader Glencore Energy UK Limited, which has a separate $400 million debt facility with Tullow.

Based on the history and nature of these "event-driven credit situation" investors, it is very likely they will eventually reach an agreement, but only after pushing for the most favorable terms possible. Their involvement is typical of distressed debt situations, and their tactics are well-understood in financial markets.

Here’s a breakdown of why this type of investor group is likely to reach a deal:

Financial Advisers: The bondholders have hired experienced and prestigious financial advisers (Houlihan Lokey) and lawyers (Weil, Gotshal & Manges LLP), who specialize in complex restructuring deals. These firms have a long history of successfully negotiating outcomes in situations like Lehman Brothers and General Motors, and their purpose is to achieve the best possible deal for their clients without resorting to a messy and costly liquidation.

Maximizing Recovery: As noted in the previous response, these investors are pragmatic. Their primary goal is to maximize their financial recovery. In the context of Tullow's precarious operational performance and significant debt, a negotiated settlement is far more likely to yield a higher return than a drawn-out, uncertain, and expensive liquidation process.

Negotiation, Not Obstruction: While these investors are known for being "opportunistic hedge funds" who engage in "event-driven" investing, their strategy is not to cause a collapse. It is to use the threat of a collapse to extract maximum concessions from the company and other creditors. This includes pushing for better security, higher interest rates, or a larger equity stake in the restructured entity, as seen in other complex restructurings advised by firms like Houlihan Lokey.

Precedents Exist: History shows that such negotiations are a standard part of distressed debt situations. Creditors often push for better terms, and eventually, a deal is struck that keeps the company afloat in some form, even if the capital structure becomes significantly altered. In one precedent involving Tresidor, bondholders had to write off most of their debt but kept some value from the new capital injected into the company, highlighting that concessions are a standard part of the process.

In summary, the presence of these particular investors and their experienced advisers suggests a robust and challenging negotiation, but one that is ultimately aimed at a deal rather than a default. Their historical behavior and incentives point toward a high probability of an eventual agreement

Specific funds identified as being part of this creditor group include:

Tresidor Investment Management LLP

Caius Capital LLP

Astaris Capital Management

Melqart Asset Management

These entities hold a significant portion of the company's $1.3 billion bond that is set to mature in May 2026. Other creditors include the commodity trader Glencore Energy UK Limited, which has a separate $400 million debt facility with Tullow.

Based on the history and nature of these "event-driven credit situation" investors, it is very likely they will eventually reach an agreement, but only after pushing for the most favorable terms possible. Their involvement is typical of distressed debt situations, and their tactics are well-understood in financial markets.

Here’s a breakdown of why this type of investor group is likely to reach a deal:

Financial Advisers: The bondholders have hired experienced and prestigious financial advisers (Houlihan Lokey) and lawyers (Weil, Gotshal & Manges LLP), who specialize in complex restructuring deals. These firms have a long history of successfully negotiating outcomes in situations like Lehman Brothers and General Motors, and their purpose is to achieve the best possible deal for their clients without resorting to a messy and costly liquidation.

Maximizing Recovery: As noted in the previous response, these investors are pragmatic. Their primary goal is to maximize their financial recovery. In the context of Tullow's precarious operational performance and significant debt, a negotiated settlement is far more likely to yield a higher return than a drawn-out, uncertain, and expensive liquidation process.

Negotiation, Not Obstruction: While these investors are known for being "opportunistic hedge funds" who engage in "event-driven" investing, their strategy is not to cause a collapse. It is to use the threat of a collapse to extract maximum concessions from the company and other creditors. This includes pushing for better security, higher interest rates, or a larger equity stake in the restructured entity, as seen in other complex restructurings advised by firms like Houlihan Lokey.

Precedents Exist: History shows that such negotiations are a standard part of distressed debt situations. Creditors often push for better terms, and eventually, a deal is struck that keeps the company afloat in some form, even if the capital structure becomes significantly altered. In one precedent involving Tresidor, bondholders had to write off most of their debt but kept some value from the new capital injected into the company, highlighting that concessions are a standard part of the process.

In summary, the presence of these particular investors and their experienced advisers suggests a robust and challenging negotiation, but one that is ultimately aimed at a deal rather than a default. Their historical behavior and incentives point toward a high probability of an eventual agreement.

I never post normally .

However I think they have managed to raise 7m. That’s not easy . Investors don’t part with their money if they don’t believe there’s a very good return for them. That will give them at least 8 months or so to organise themselves .

If they can sell 6000 test a year . That’s 4.5m revenue .

They have mentioned cutting costs of tests , which will also help .

For the first time , I think they will get to about 1-2 pence per share in 6 months . Then after will depend on actual papers and trials, and being involved in large studies .

If they survive the next 18 months then we can see real growth , however that’s a big IF as they need at least another 20million before that happens .

I have to agree.

No one will lend it money or buy it unless it goes in your administration and hence no shareholders and will then buy it . Hence all this funding shareholders have done will be for no gain . Many AIM companies do this .

This could be the start of change but will the company survive till then .

https://www.bbc.co.uk/news/articles/cpqde80r0g8o

There are large sales even at such low price .

This will drop to below 4p within 2 weeks .

I bought at 35 pence so no point of selling as have lost near 80% already .