RE: Additional Information15 May 2025 07:52
Morning - I'm struggling to piece it altogether other than I'm beginning to think they are going to sell all of this out as a going concern to someone big.
Bixby also has Tiger Royalties and one of the directors of that company is Colin Bird of Bezant Resources, Xtract Resources etc. The directors in all of these Bixby companies have fingers in so many pies. What I would like to see is the likes of Collinge buying shares and Bixby buying more shares (not giving them away until the sp is way higher and shareholders are in the money).
I do think this will be sold, either stand alone or as part of the Bixby package and I do think it will be sold to someone biggish, and I do think Plant's target of 65p could very well be realistic, as I think the company are determined to drive it that far, if not further! my views.
From the company website;
"As at 26 February 2025, as far as the Directors are aware, the following shareholders are Company Directors or interested in 3% or more of the issued share capital of the Company.
β
Charitable Impact Foundation (Canada) β 64,000,000 Ordinary Shares β 13.98%
Toro Consulting - 31,550,000 Ordinary Shares β 6.89%
Crowdform Limited - 19,110,000 Ordinary Shares - 4.17%
β
Cykel AI Warrant and Option Holders
β
102,927,582 Warrants - Β£0.01 Exercise Price - 24 Oct 2026
38,117,116 Warrants - Β£0.03 Exercise Price - 24 Oct 2026
636,986 Warrants - Β£0.30 Exercise Price - 15 Nov 2024
7,425,000 Warrants - Β£0.05 Exercise Price - 24 Oct 2026"