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Thanks LTI, massive red flags and alarms going off here!

So on further reading, they can buy shares at 2p, post a 10:1 consolidation and they gave the brokers 40% fees on a 5m raise. So many red flags…

Jeuss christ - just read 180 posts of bickering and nonsense, literally nothing of value. If anyone has anything constructive to say, how many warrants are outstanding. Is the 2p exercise price equivalent to 20p in today’s money. Can anyone explain what is meant by gross proceeds of £5m net proceeds of £3m in the january fundraising support. Did they really take 40% of fees or am i missing something. There is serious volume here, if it is just 22m of warrants at 20p, then whatever is left will be absorbed in a session.

If it is 2p and 220m it’s more troubling.

Is this a real stock or another punty aim flavour of the week. If someone could respond to the questions above I’d very much appreciate. But the standard of chat here making me think this is just punty noise.

So only about 22m shares? Also on the capital raise RNS - it says £5m gross raised, £2m post costs and fees, any colour on that? 40% fees seem ridiculous.

Basic question from someone newly looking at this fresh. Are those warrants at 2p in today’s money or 20p equivalent post the stock consolidation?

Ok thanks. Colin bird once owned the rights yo the tailings here. It is still a monster in terms of pollution issues. The most polluted areas in the world. Doesn’t feel warm and cuddly, i guess that’s why they’re getting “£4bn” for £4.5m

Is colin bird involved here? Kabwe (and colin) has a very chequered past, is there any future recourse to the lead poisoning class action suit here?

Thanks, so $1.5m cash cost as per that RNS, of which $150k has already been paid. Need to rustle up $1.35m then.

What’s the cash cost of this acquisition?

How much cash have these guys got? Used to be invested ages ago it looked a great prospect, but i sold at beginning of covid. What’s the status with anglo?

I’ll lend you a beer to cry in to.

PS - look at the latest post on their linkedin after hours…

😬

You called it a pump and dump, now it’s unfair. It’s Africa read those runes with more care!

No. It means equity financing is in place and the price should rip.

Paul Atherley has been buying might I add

Because it relates to the shareholder loan,.

Https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-ensures-national-security-and-economic-resilience-through-section-232-actions-on-processed-critical-minerals-and-derivative-products/

Does it name check pensana?

Agreed i can sell 300k above the bid, but can’t even biy 5k. Get them when you can!

What do people not get here. An important german state has designated this an outstanding strategic asset. The tariff war is kicking off, china is hoarding strategic minerals, lithium and rare earths are essential to global growth. Wake up and smell the coffee people! Had a decent nudge up again, any small bit of demand raises the sp, because it’s so under the radar.

Big UT trade at the high and a couple of late reported ones, bodes well for tomorrow. These strategic assets are the only beneficiaries of the tariffs!