Member Info for zebbo

Be very interesting what we can produce through the washplant over a given time period, This could be a explosive catalyst for early 2026

Dividend route (£5m): ~4.3p per share to everyone.(115,610,437 shares)

Buy-back at 15p: nearly 29% of shares cancelled, concentrating ownership for remaining holders.

From a capital allocation standpoint, 15p would be highly attractive if management genuinely believes intrinsic value is materially above that level.

= Buyback is a no brainer

Buy-back price - Shares bought - % retired

15p 33.3m 28.8%

20p 25.0m 21.6%

Was expecting an update on minestarters !! But maybe the NY. Guess it will take a little time to get a number of projects lined up

The only thing that will change for most personnel is the name above the door :-)

Think that was just a fat finger error

And not after assays..........because this will sell off big time. They are obviously struggling to control costs. Yoy cannot just keep coming to the market every 6 months with the begging bowl and expect the SP to rise long term. We may have a mcap of £100M+ at some point. The problem is the SP will still be 0.2 mass dilution.....one of AIMs finest

Ever heard of budgeting...

Appols, wrong BB ;-(

And not after assays..........because this will sell off big time. They are obviously struggling to control cost. Yoy cannot just keep coming to the market every 6 months

Ever heard of budgeting....

Just committed to :-)

More to come, getting diluted far to much. Mcap will rise the sp will not

Will have paid for itself (almost) by the time the deal closes. Something for nothing :-)

No buying, low volume

For me its a good start, one for minestarters :-)

Spoke with Neil earlier today. We were totally dupped, certainly not down to PRIS. Cannot go into detail, but legal case appears strong IMO and has support of major shareholders. I'm sure there will be further updates in due course

Divi's will be maintained as stated. We are up for sale, thats it. Otherwise its BAU

Lets hope we have some real legal cover. Im sure who ever shafted us must have covered the legal angle first, before they made their move

I for one dont want to p155 additional capital against the wall chasing the impossible and making some legal dreamer rich in the process. Out of court settlement would be best option IMO. This vendor has gone whatever, so may need to move forward

Also need to understand what cash remains

Thats when the SP will really starts to move IMO .

The plant rates will be interesting. How much dirt we can put through the plant per day (real world stats), how many oz per day etc etc

Need to find out what the legal standing is and our cash position

+ Is there a plan B

Cannot see anything that will close NAV gaps in the renewable space. Neg NAV = no meaningful growth. Recycling capital is to slow and not enough buyers.

IMO, there are 2 ways we could be valued at NAV or higher

1. Policy change. There could be something here later as we need to move from transition from ROC - consultation underway, no end date but need to conclude by 2027. Or potentially other / new policy changes

2. Very low interest rates, ie 1% or lower. Little or no chance of that near/mid term

End result will be wholesale selling of the trusts to PE at a discount to NAV, exactly where we are now

Getting worse for all renewables. Thanks to our brilliant gov we are all about 10% down since the consultation paper went out. Who knows where we will be when we get a ruling. You can bet if no action is taken we will be lucky to jump a few % points as sentiment is already lower than a snakes belly.

The deal will be done on and around NAV / pipeline etc, not on the SP