Member Info for Twistor

What a disaster. Ironically, companies whom use the Acuity services for risk management, will surely be considering the risk to their business if this goes bust.

I am inclined to agree with you. The target was cash flow positive by year end wasn’t it?

I would imagine Investors have 2 fears 1. Low gas prices and 2. If the bank balance strengthens, the bod will find a way of siphoning it back out as pay/bonuses etc. They recently took bonuses and then raised funds which is a huge red flag.

Anyone use IG? They are saying they don’t offer retail.

skid, i don’t recall angus saying “knock it out of the park”. i am almost positive i recall him saying “knock it into a ****ed hat”.

nevertheless still poor from angus and he should go. imo.

No but the government have not awarded CTL the CEOL, so they clearly do not see CTL as part of the lithium strategy moving forward. Somehow, the BOD seems to have got this very wrong. Would be interesting to know whom advised them to expect a positive outcome?

We aren’t waiting for them to award the CEOL. We are awaiting to enter fast track negotiations for a CEOL without going via tender (my understanding). This should make getting a CEOL much quicker

£112m! 12 times the CTL mcap and it was refused. Maybe hope for us yet.

What makes you say that gusto?

You think it’s lifestyle?

I wasn’t aware of this. Was this in an RNS?

Doubtful Listing will be done this year if prospectus not out very soon.

PXEN is historically a leaky share. Be interesting to see the drill results.

Since IPO the company’s direction seems to have changed to gold tailings. We know gold is there, the environmental benefits it holds and the proposed extraction tech works with good proven recovery rates, however my understanding is FMET needs a license…This should be an absolute priority! I don’t think the problem is the market not understanding or waking up to the concept at all as it’s quite simple to digest and the BOD couldn’t explain it any better. IMO, the thing that is going to make this company stand out and investible is the signed license agreement with Extrakt. I feel if that comes then more ears might prick up to the opportunity and buy in. The proposal of a license is something most aim investors have heard before and a huge risk if it doesn’t come off, particularly when most of the companies eggs are now in this tailings basket. Many (like me) are possibly sitting on the sidelines to see if this license agreement is pulled off or just usual aim company talk. On balance, the fact that bod are significantly aligned with shareholders gives some faith the license will materialise…but this should be done as an absolute priority as it provides significant value. All IMO of course.

Perfect time to bring someone in whom the ASX market will buy into. Need another fund to buy in ideally and the ASX is where the lithium money seems to be.

In a nutshell.

- debt free (no warrants)

- producing cash from 2 assets (Italy and Spain).

- Enough cash to cover overheads and self fund future well development (No need for placings)

- further drill licenses in Italy pretty much nailed on to land anytime.

- a main gas grid connection in Italy and Spain

- HUGE Spanish resource is the wildcard

- small free float and mcap

I tend to agree. Also, if the bod had no problem fundraising (which they have previously suggested) they wouldn’t need to offer warrants. This fund raise will not have been an easy as alluded to imo.

Smoke and mirrors .

Knew there was something off!! £6m at 22p…desperate comes to mind!!!

I understand there was an RNS, however it didn’t address (or even acknowledge) the catastrophic share price fall. When you spoke to him did he acknowledge or comment on the share price?

Something feels off to me. The bod have always been quite efficient at replying promptly. The past couple of weeks have been radio silence. Has anyone messaged and had a reply from the bod?

Has anyone contacted and heard from the board? I haven’t heard back from them.

Maybe fundraise incoming. The number of contracts haven't been as forthcoming as was anticipated imo.