Member Info for TB500

Up 6% this stock will probably hit 10p before the JORC, that should then take it to 20-30p way undervalued

I’ve been following this story closely for quite some time.

Now that the new leadership is in place and the plant is operational—plus the involvement from Greencore—there’s real potential for significant upside from here.

That said, there are still risks involved.

Just over £30, 000 worth of buys I believe. Someone definitely building position here.

Trades today

Date Price (GBX) Volume Value (GBP)

2025-07-07, 14:51 4.00 25,000 1,000.00

2025-07-07, 14:51 4.00 25,000 1,000.00

2025-07-07, 14:51 4.00 100,000 4,000.00

2025-07-07, 14:51 4.00 100,000 4,000.00

2025-07-07, 13:51 4.00 100,000 4,000.00

2025-07-07, 13:49 3.55 275,000 9,762.50

2025-07-07, 13:49 3.71 250,000 9,275.00

2025-07-07, 13:16 3.52 25,000 880.00

Early investors are likely to see significant returns. Ippolito Cattaneo and his father have previously performed exceptionally well with Zenith, where the share price rose from 1.2p to 17.5p. It wouldn’t be surprising to see a similar trajectory unfold in this case. All eyes are on the JORC.

Botham you know any reason for the price to have risen?

Glad we got in nice and early

I see the multi bagging

That’s a good entry I am moving brokers as my broker doesn’t let me buy on aquis, I have some money ready for a big position but I think I have to buy little by little due to lack of volume.

Botham did you manage to get stock on the raising??

AJAX Resources has now listed on the AQUIS exchange following a successful £1m subscription, through the issue of 25,000,000 new Ordinary Shares at a price of 4p per share, to be utilised alongside the Company's existing cash resources to conduct the necessary exploration work and publish a JORC compliant Mineral Resource Estimate for the Company's Eureka Project.

In the same week, the natural resources investment company, has announced its portfolio expansion in Argentina with the Minas La Escondida  project acquisition, and its intention to buy the the La Norteña Licence Area.  Both projects neighbour the company’s existing copper / gold Eureka asset.

 In this interview with Ippolito Cattaneo, CEO of Ajax Resources, investors will hear:

- How much ‘skin-in-the-game’ company executives now have in the company and the substantial shareholding of Cattaneo

- What Ajax intends to do with the funds raised at IPO and how long the money will last on current budgets

- How the intended acquisitions will add shareholder value with more deals currently being considered

- When the company’s maiden Mineral Resource Estimate is expected to be completed

- Who is now in place to secure the company’s progression in terms of personnel and logistics

Ippolito Cattaneo was interviewed by Sarah Lowther for focusIR.

https://*********************/media/ajax-resources-achieves-three-milestones-with-aquis-listing-1m-fundraise-and-further-acquisitions-19-06-2025/id/24688

The more I review the interview, the more convinced I am that this could be one of the most undervalued opportunities in the market. The only current drawback is the limited liquidity, which makes it challenging to accumulate a meaningful position. Botham what’s your thoughts?

Https://www.lse.co.uk/SharePrice.html?shareprice=AJAX.PL&share=Ajax-Resources-Plc

That’s the new forum page for Ajax

Botham whwre? LSE?

Ajax Resources PLC (AQSE:AJAX) on Wednesday sealed its move onto the AQSE Growth Market, alongside a £1 million raise.

Proceeds from the funding, announced yesterday, are earmarked to support planned work at the company’s recently acquired Eureka Gold and Copper Project in Argentina.

Ajax chief executive Ippolito Ingo Cattaneo highlighted that the board participated in the equity raise, taking up some £330,000 of the shares.

"Ajax's admission to the Aquis Stock Exchange as a natural resources investment company, following the completion of the acquisition of the Eureka Gold and Copper Project, marks a significant milestone for the company as we enter an exciting new phase in Ajax's development,” Cattaneo said.

“We are pleased to have successfully raised £1 million, complementing our existing financial resources.”

Apologies meant historical data that’s open to the public

Is there any historical date on the asset? On public view?

When did he mention the JORC report is due?

Https://zakstraderscafe.com/rns-hotlist-june-18-acg-ajax-ao-world-bezant-cpp-incanthera-mosman-tiger-valereum/11985/

Ajax (AQSE:AJAX), the natural resources investment company announced the admission to trading of its shares to Aquis with effect from 8.00am today. AJAX said “Ajax’s admission to the Aquis Stock Exchange as a natural resources investment company, following the completion of the acquisition of the Eureka Gold and Copper Project, marks a significant milestone for the Company as we enter an exciting new phase in Ajax’s development. We are pleased to have successfully raised £1 million, complementing our existing financial resources. It is to be underlined that the Board has invested approximately £330,000.”

Comment: With the board leading from the front, and some of the great and good among private investors on the shareholder register, AJAX would appear blessed. This is particularly the case after pulling off a humdinger of a deal regarding Eureka.

Correct after a sharp 75% rise, some level of profit-taking was expected — that's natural. But the breakdown below 20p has all the hallmarks of a stop-loss cascade, likely accelerated by opportunistic traders exploiting the “failed merger” narrative.

The RNS on 18 June makes the situation clear: there are no ongoing merger discussions, which confirms that the price action was driven by market sentiment rather than any material deterioration in fundamentals.

More importantly, the MoU announced on 3 June to extend Ghana production licences is a significant development. It speaks directly to the long-term cash flow potential of Tullow’s most valuable assets and should not be overlooked amidst short-term volatility.

There’s no new deterioration in the debt picture either. In fact, with stable oil prices and improving operational visibility, Tullow may be in a stronger position to refinance on better terms — a key inflection point for unlocking equity value.

This type of manipulation is not new to Tullow. Thin order books and short-term trading desks have repeatedly exaggerated moves in both directions. But for those focused on the fundamentals — asset performance, production cash flows, and net debt reduction — the investment case remains intact.

This retrace may prove to be an opportunity for accumulation ahead of the next round of operational or financial updates. If management stays disciplined and delivers, the recent volatility will be a footnote rather than a turning point.