Member Info for Torino

You heard anything Eagleeyes? You seem to have good contacts.

Don’t forget:

£6m of carried forward tax, meaning a saving of around £1.4m in tax gains For anyone that does a RTO here.

Remember they took an 18% stake in TRAF in September last year.

FES are a private limited company with a sole director, Paul Forrest. They operate in the oil and gas services sector. FES also own 10% of Angus Energy.

https://www.linkedin.com/in/paul-forrest-b94b5298/

At least we won’t get a speeding ticket here lol

This could go totally bonkers from this tiny market cap.

Of the £100,000 total cash consideration received by Mr Johnson for the 2022 Conversion Shares, £50,000 is to be subscribed for by Paul Treadaway, Trafalgar's Chief Executive Officer, and £10,000 by Gary Thorneycroft, the Company's Group Financial Director.

The herd will be here soon, once they see the top riser list. Yes the directors have put up a ton of cash, and the company is still only valued at £320k lol.

With the debt settled, this still only has a tiny market cap of £320k…Must be the cheapest shell around. Directors also put their money up. If it’s good enough for them, it should do well from here.

NT to buy now, this could do multiples over the next few trading sessions.

You’d think after that rns 0.04 will be the lowest now.

Well said Eagle Eyes, fingers crossed and hope we are successful with our bid.

How’s your CPX trade going Moltikid ? Learn anything on its recent spike?

You’ve got a chance for a bargain, once the herd turn up this will be a couple if hundred percent up..

That went from 1p to 15p on its world class find rns…This looks very SIMILAR. Get in early, because this is going to rise for a while.

And we know how much the market hates risk, major rerate likely from here.

What are the realistic chances of getting a license? Well it’s nice to get referenced second (were the only Irish company) and obviously have good relations with the Bolivians… article link below too.

“We have 38 companies that presented proposals for the development of the lithium industry. They are from different countries. We have Argentine, Irish, French, Chinese, German, Russian, Brazilian companies and multinational consortiums,” YLB president Karla Calderón said in a press conference.

https://www.bnamericas.com/en/news/dozens-of-firms-submit-expressions-of-interest-in-bolivian-lithium-pilots

Or what is the worst case scenario? Well as you can see below there are still another 21 licenses to go after this, so not all is completely lost if they don’t secure one.

YLB called for firms interested in developing pilot projects to produce lithium and other minerals in seven of Bolivia's 28 salt flats: Uyuni, Coipasa, Pastos Grandes, Capina, Cañapa, Chiguana and Empexa, all located in the Oruro and Potosí departments in the east.

Key points:

First results likely this week and taximan is a muppet.

Https://announcements.asx.com.au/asxpdf/20240325/pdf/061tph1g6v3kwj.pdf

Chita my posts won’t change anything here. It’s all on securing an official license from the Bolivians. If they do that the share price will look after itself. We will find out soon enough…