Member Info for Tiger16

Unfortunately The brown envelopes one would hope is not the delay in our progression of licencing .. as these critical minerals are required by Europe NOW .....

MM did well today ,, collecting shares .. remember that saying when the market is afraid to buy , that is when the brave make real money ..

Why would he sit on the accounts ?? I believe they are seeking to complete the full accounts so their is no risk of suspension again any time soon ..

This would also give confidence to the market ..and we could get a very big operational update ,. I dont believe Lunn will resign .. no thick skin and ensuring when he does it with a serious payout ..

Edy 007 the SP is dropping as there are some big impatient sellers . end of . they will be back buying .. I am 50 per cent down .. so its hold hold for me instead of chasing rainbows trying to make the difference up ..

AFTER NOON ALL

The RNS made it clear That they will not be able to discuss the breach and the legal proceedings as they are now active .. Prim will fold early as they know the USA listing is coming , and the SP will rise .. they are better of buying back now ..

Hi Affrm .. one would like to believe that shortly means a week at the most .. Where the hell are these audited accounts now ?? what is the delay here ?? very strange indeed ??

I really hope and prey are long winded wait and stress is rewarded with a 50 p share price shortly ...

Dont listen to the noise , there is so much news on route , and the icing on the cake is the Big squeeze , as it is evidently can not be avoided ..

Thats my opinion .. after some serous extensive research and to clarify my City friends have advised there are some serious eyes on this due to the breach ..

If Prim is found to have breached the lock-in agreement and is ultimately forced to buy back shares, it is definitely not in their interest to delay, especially if PR1’s share price is rising. Here’s why:

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📈 Why Delaying Hurts Prim Financially

1. Higher Share Price = Higher Buy-Back Cost

If the court (or a settlement) requires Prim to repurchase shares they sold improperly, they would likely:

• Buy them back at the current market price, not the price at which they sold them.

• Face a much higher liability if PR1’s share price continues to rise.

2. Potential for Additional Penalties

Courts can also:

• Award damages for losses to affected parties

• Add interest or other financial penalties for delays or bad faith conduct

• Factor in reputational harm or breach of fiduciary duty if applicable

3. Regulatory Risk Increases with Time

The longer this drags on:

• More scrutiny from AIM Regulation or the FCA could emerge

• Nomad may take action or withdraw support

• Shareholder confidence in Prim could deteriorate

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🔍 Legal and Strategic Perspective

If Prim:

• Knows they breached the lock-in

• Cannot defend it with a valid exemption (like consent from the Nomad or Exchange)

• And there’s clear documentation of the restricted period…

Then dragging it out makes little strategic sense, because:

🎯 Smartest Move for Prim?

If they’ve breached the lock-in:

• Settle quickly, before PR1’s price rises further

• Offer to buy back at the original sale price or a small premium

• Avoid court, unless they believe they have a solid legal escape

I am also locked in here and very proud to be , as we have news on Multiple fronts , and now the biggest squeeze on AIM for the first time ever as a Rule has been ignored and broken ..

write this down somewhere all those who have sold out here .. when the squeeze begins ..you will all be buying back double what you sold for ,, that is my opinion .. lets see who was right , as I expect further news to drop tomorrow ..

So if one checks caneries history they are a share holder of the otherside Prim and hence posting on here clearly worried the Share price over there is going to crash once they are told they have to buy back .. and they are posting on here .. how naughty ..

Caneries ... Aim is a multi million pound market and they wont allow one serious rule breaking effect the markets I have city friends and eyes are now on this big time .. that matter has and will be resolved .. rest assured ..

Yes Aim has had some situations in reference to Mis leading RNS and Interviews .. however one cant break the rules on AIM ..that will have a massive effect on the entire market ..

Jenny is completely up to you how you invest your money .. in reference to Prim claims of robust defense comment you will find is very standard reference made by companies initially .. this formation of wording is used by guilty parties , what did everyone expect them to say , we accept these allegations and will come back with more of a official response .. send their shares into crash mode or buy some time while there share price is 10 per cent down to find the cash asap ..

Market is waking up , smart money arriving here now before this rockets ...

Jenny remain Patient , I have topped up at every corner .. Its kicked off now .. Ive been waiting for this news ... now its a matter of time ....Prim knows buying back these shares is going to be very expensive .. and hence our share price is going to get seriously inflated just on the back of this squeeze .. this is the only time we get a chance to make money out of default ..

This is a absolute bargain right now .. so much news expected .. this will explode .

Pre-Action Letter = Strong Legal Position

Under the UK Civil Procedure Rules, a pre-action protocol letter is not sent without basis. It follows legal due diligence, evidence gathering, and internal legal review. By the time it’s issued, the claimant (in this case PR1) must already have a clear and compelling claim.

The fact that PR1’s legal team have sent this letter means:

• They have concluded there is a material breach of AIM Rule 7.

• They believe PRIM has no reasonable legal defence.

• They are preparing for litigation if compliance or settlement is not met.

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📉 2. Primorus Couldn’t Stay Silent — They Had to Respond

PRIM’s RNS was reactionary, not strategic. Silence would have caused immediate panic selling, possibly collapsing the share price. Their mention of a “robust defence” is standard holding language — but behind the scenes, they know the position is weak.

The reality is:

• This breach occurred days ago.

• PR1’s legal team had time to investigate, verify share movements, review filings, and assess breach of lock-in terms under Rule 7.

• Primorus’ response was intended to calm markets, not to assert legal superiority.

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⚖️ 3. Rule 7 – Black & White Breach

AIM Rule 7 is unambiguous:

“An applicant must ensure that any shares… subject to a lock-in arrangement… are not disposed of for a specified period…”

The lock-in was in place. The disposal (sale) happened. That’s the breach. There’s no room for interpretation here. The AIM Rulebook is clear, published, and binding on all parties.

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📈 4. What Comes Next: Liability & Resolution

Expect an RNS from PRIM soon, acknowledging that they are now in negotiations to resolve the matter. This typically follows once legal teams advise the defence is no longer sustainable and litigation would worsen their position.

This will:

• Confirm PRIM’s acceptance of liability.

• Trigger a likely buyback or restitution mechanism.

• Validate PR1’s legal and regulatory stance.

⸻

💥 Conclusion: This Is Bullish for PR1 and AIM Integrity

This is bigger than one company. It’s about trust in the AIM market. Enforcement of Rule 7 will reaffirm confidence in AIM as a serious, regulated market, and PR1 is now in a position to be the first to expose and challenge such a breach publicly.

The squeeze will not just be financial — it will be reputational and regulatory.

Let’s be clear: there’s no real way for Primorus to “robustly defend” this. Their own RNS admits they’ve received a pre-action letter — which only happens when the claim is strong and the legal position is solid.

💼 In legal terms:

• A pre-action letter (under the Civil Procedure Rules) is not sent lightly. It is the first formal step before court proceedings and includes detailed evidence, legal basis, and demands.

• PR1’s lawyers clearly believe AIM Rule 7 has been breached — this means shares were likely sold without proper disclosure or exemption, which is a direct violation of AIM’s code.

• If Primorus had a clean legal position, no solicitor would risk reputational damage by threatening legal action.

💥 In plain terms:

This is not a grey area. The rule was broken. PR1’s legal team is acting on clear-cut grounds, and they will press hard for a remedy — which likely includes a full buyback of those shares.

🔒 AIM cannot afford to ignore this — they need to enforce their rules to maintain credibility. And as this unfolds, PR1 will gain massive exposure for standing its ground.

📈 This isn’t just about legal wins — it’s about momentum.

The squeeze isn’t a theory — it’s now a legal inevitability.

We’re witnessing the start of something big. PR1 is about to become one of the most talked-about AIM stocks — not just because of its unique market position, but because it’s now at the centre of a legal storm that could redefine the rules.

This is the first of its kind — a serious, public challenge involving a potential breach of AIM Rule 7. With a pre-action letter now served, this isn’t just speculation… it’s legal pressure backed by real teeth.

📈 With a USA listing only days away, investor eyes (and institutional ones too) will be all over this. The exposure is coming. AIM must act decisively to protect its reputation and attract fresh investment — and that means backing the rules and enforcing consequences.

🚨 When the squeeze comes, it won’t be small.

🚨 When the eyes arrive, it won’t stay quiet.

This is the calm before the storm. Smart money moves early.

RNS Update – Primorus (PRIM) vs PR1 🔥

Big developments out of today’s RNS 👇

PR1 has officially issued a pre-action letter to Primorus via their legal team — asserting their legal right to have the shares bought back ASAP. This isn’t just noise — it’s a formal move that could trigger serious buying pressure.

💥 The squeeze is coming — and when it does, it will be BIG.

This action reinforces PR1’s position and applies direct pressure on Primorus. With the USA listing just days away, momentum is building fast, and the share price is already starting to reflect that anticipation.

Tick… Tock… ⏳

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🧠 Key Takeaways:

• PR1 lawyers = pre-action = legal weight

• Primorus plans to “defend robustly” – but markets will react

• US listing + legal move = rising share price + incoming squeeze

#PR1 #Primorus #AIMstocks #USlisting #ShortSqueeze #PreAction #LegalRights #StocksToWatch