Member Info for Umaz

Run down or turn around. Is your comment a positive or negative one? So mysterious :-)

The positive part is that:

- They have not reported a dry hole.

- They have not reported poor helium concentrations.

- They have not abandoned the test.

- They remain sufficiently encouraged to proceed with stimulation.

If the company were seeing obviously poor reservoir characteristics, they would likely be much more cautious in their wording.

Intentional drop to let mate's in? Could have waited for 7am tomorrow.

That's one view Medjed.

Molly can be "small difficult narrow-vein system"

OR

"multi-structure scalable district play".

We have to wait and see!

Previous RNSs came without a leak; I doubt there will be any leak causing this rise. Its just anticipation, buying and herd following.... and then leaving.

2.1p to sell now..... Pleasantly surprised. Wasnt expecting much movement this week.

Unexpected reaction to a decent RNS. I also received an email from the company based on my past queries.

The story has now much improved. Looking forward to a good recovery past 3p in the coming days. 5p is possible easily on good assay results. I have bought few more today - good time to average down on a good RNS......

DonDon73, which ID did you use when you bought the shares 6 months ago?

I can’t help feeling this may eventually end in a delisting or take-private scenario. The founder-backed funding may keep the lights on short term, but it also suggests insiders still see strategic value that retail shareholders may never fully benefit from in the public market.

Suspension of trading + funding stress + reliance on insider loans is rarely a good combination for retail holders on AIM. Hopefully I’m wrong, but risk levels here now look extremely high.

Officially all MMs are 2 and above now!

Investors buy in sell in £, not by counting shares :-)

mcap is more important than the number of shares.

Crowe UK LLP's previous resignations include Supply@Me Capital in September 2024 due to risk concerns and Metamorph Group in 2022 citing insufficient evidence and management issues.

Key Resignation Details

-Quantum Data Energy PLC (2026): Crowe resigned suddenly, as reported by Investegate, ahead of the 30 April 2026 deadline for 2025 financial statements, described in Investing.com as unexpected.

-Supply@Me Capital PLC (2024): Resigned as auditors, prompting a drop in share price, stating they were unwilling to continue after a reassessment of risks related to the audit, according to London Stock Exchange.

-Metamorph Group Limited (2022): Resigned citing inability to obtain sufficient appropriate audit evidence and concerns over management behavior.

Regulatory and Legal Actions

-SEC & FRC Sanctions: In 2023, the SEC issued a cease-and-desist order against Crowe UK LLP regarding audit failures, as detailed in the U.S. Securities and Exchange Commission (SEC) report and discussed in the National Law Review.

-FRC Penalties: The UK Financial Reporting Council (FRC) imposed sanctions on Crowe UK LLP and partner Nigel Bostock in late 2024 regarding audits for financial years 2016-2018, as announced by the Financial Reporting Council (FRC).

These events indicate a trend of challenging audit environments for the firm, specifically relating to risk assessment and the adequacy of information provided during financial audits.

https://www.sec.gov/files/litigation/admin/2023/34-98118.pdf

Someone in the know?

If it breaks 1.7/1.8, then we may see volume (hopefully). Above 1.95p is a defo reversal.

Wow, big buys going on now. An RNS tomorrow?

One thing which is not clear is that if the company knew this on 15-April, why did they RNS on 21-April.

“During the course of the hearing before NCLT, Mumbai on 15 April 2026, counsel for the Company informed the court about the arbitrary and mechanical rejection of the 12 A Proposal. The Company was shocked that, not only was the….”

Ada I, slowly taking over lol.

Tiger16, why are you wasting time here then.... Move on buddy!

£86k buys and 86KB, nice coincidence.

Is it not tomorrow?

Trading in the Company's ordinary shares will begin from 21 April 2026 on the OTCQB Venture Market ("OTCQB") in the United States, under the ticker symbol "ABDXF".