Molecular Energies Share Discussion Threads

[all in eol] 23/2/2024 20:23

100k late trade has appeared from yesterday. I would suggest a buy and mopped up the 50k, 27k etc below its price of 30.7

[masergt] 23/2/2024 19:48

O.T.

I don't know if any on here were invested in Tintra (TNT) which recently delisted but they have now, as a private company, published an update. Please excuse me using this thread as a platform but all other TNT chat sites seem dead.



Tintra: The Next Steps
05/02/2024
Tintra: The Future

"Next Steps

Having finally managed to complete the privatization the company is now focused on continuing with the building out of its strategy. Firstly its recapitalization, secondly a soon-to-be-announced (during February) merger and restructuring, and finally being able to settle down into the work of delivering the banking infrastructure solutions that we are deeply involved in building.

Over the past year we have been developing relationships with major funding partners in the Middle East. We realized that the nature of our business meant that we would be able to move faster and with more substance with a state-backed anchor investor rather than running the funding-round strategy. To that end we are pleased that we have secured three new sources of funding, two that are closed and one that we anticipate closing during Q1, along with sourcing a funding partner to allow for retail investors to exit the company should they wish to – although of course we hope everyone stays on this journey with us.

Having developed the technology and the fundamental strategy ahead of any other players we have been able to progress to the advanced stages of an anticipated merger with a state supported banking platform. This merger, which we expect to complete soon, brings the mission forwards three to four years and will allow Tintra to be a full service banking platform from launch, rather than to be a payment infrastructure for the first few years until certain milestones were reached. This meaningful transaction will be a world-first and has the potential to impact hundreds of millions of lives.

Go Forward Structure

Tintra Limited (ex-Tintra plc) will continue to remain the main holding company of Tintra going forward. New private equity and state equity will fund the business as it goes forward and this entity will form the basis of the merger should it complete.

Shareholders wishing to continue with us for the journey need do nothing. We are putting together a communications strategy to keep all retail shareholders informed and have a direct line to be able to ask questions and seek feedback by a much more active social media presence. This will be much easier as a private company where we can be more open and discussive as we go forward.

For those shareholders wishing to leave, the JP Jenkins facility will be live from today. We have shortened the usual 90-day period and the initial period will be for 60 Days for all orders to be gathered. There is an obligation for all shareholders to be treated equally so at the closing of that period there will be an equal split of shares at the 150p price.

However, there will be a second closing 90 Days after that for any shareholders that decide to take a ‘wait and see’ approach or only sell down part of their shareholding at this first opportunity."

[brasso3] 23/2/2024 15:32

Schroders could be down 50% on their latest investment (35p) in MEN if this Paraguay well is a duster!

[nafnaf3] 23/2/2024 12:44

Hopefully drop in share price is just mm playing games. It's a doggy dog world, goodluck everyone

[brasso3] 23/2/2024 09:15

The phrase "pied piper" has become a metaphor for a person who attracts a following through charisma or false promises.

[all in eol] 23/2/2024 07:53

Good morning and good luck all.
We must be right in the news anytime zone now?

[all in eol] 22/2/2024 17:47

Techno,
The price has been stable post placing, until the buying pressure dropped. IMO a few have caught a cold due imminent TD.Be it placees, advisor or some that bought in expecting a rise back.
So holding that view I don’t believe we have a leak.
Let’s see what the next few days bring.

[technohead] 22/2/2024 17:34

Chris Cat - with tomorrow being Day45 of the drill - the date to TD and today's dropof 14% do you not feel news is already in the market about what is coming out of the Paraguay Pipes?

[chris cat] 22/2/2024 16:11

PP...Fair point but even in your most bullish of moments, do you think that we will get funding for those projects if the current well isn't successful. We needed $500k to keep the lights on a few weeks ago. Despite you and I having completely polar opposite views, I still appreciate your research and opinion, however you have been bullish forever and the company keeps letting you down. As ever I remain desperate for you to be unequivocally right here....but when you get it consistently wrong over such a long period and I see 92% in big red brackets beside my investment it is hard to believe in your analysis.

[piperpeter] 22/2/2024 15:50

chris cat.

Where does the huge shale gas potential at Jacaranda, and the technical oil/gas/condensate discovery at Lapacho fit in to your scenario?

See RNS 4 Sept 2014.
See RNS 20 Oct 2014.

Does this have no value? Along with all the other prospects in the Pirity concession?

Pp.

[chris cat] 22/2/2024 15:09

Imagine a doomsday scenario where

1. PL’s new co owes c$14m to MEN
2. MEN owes the PL company c$13m
3. PL has security over MENs shares of ATOME worth c£4m
4. PL’s firm could owe MEN c$20m depending on the performance of the Argentine wells

The recent placing for c$500k was likely just enough to cover wages and salaries until the Paraguay drill hit TD, if it fails then MEN is practically dead, with its only assets being the sale of shares in GHC and ATOME.
Is it possible that the people who took part in the $500k placing could have been told that they will get a return, some might call it a divi in specie from the sale of the incubated investment and such a divi might just cover their losses on the $500k placing.
In a scenario where MEN is effectively defunct, PL could set off the two loans noted in 1 and 2 above, manage the well production in Argentina to minimise the amount due to MEN for the earn out agreement.
Shareholders are then left with a company which is worth nothing to its members apart from their potential divi in specie from the GHC IPO.
PL takes MEN’s ATOME shares worth £4m, gets his divi in specie for GHC and avoids a potential $20m liability from the earn out.
Clearly this is how matters could play out in a doomsday scenario.

In a blue sky alternative….Paraguay could hit a gusher, ATOME finalise the c$130m funding package mooted, GHC IPO’s at a significant premium and the share price rises overnight to the level quoted by Edison I think and backed up by PP’s calcs.

Obviously there are also options for all points in between

Shouldn’t be too long before we see which way the dice fall.

Happy to be corrected if any of the above is inaccurate

[chris cat] 22/2/2024 11:50

PP.....quick give us some positives.
RE - GHC, I think a divi in specie is quite likely as PL will get a good share of it and it further extricates him from MEN.

[brasso3] 22/2/2024 11:44

New all time lows... Again!

[technohead] 22/2/2024 11:44

Well looking at todays price action I think we already know the drill result

quite sad - we're 4k'd

[nafnaf3] 22/2/2024 07:59

If we hit black gold this share will rocket and I may even get my money back. Best of luck to long term holders

[rizzzla] 22/2/2024 07:30

Why on earth would they do that given the route men are going brasso

Sit down strap your self in you might even be positive next week

🤫

[brasso3] 21/2/2024 18:32

What if they dilute MENs GHC share holding by 50% - 80% for a relatively small sum of money?

I can only see this IPO being in the region of $10m - $15m raised.

[all in eol] 21/2/2024 17:19

But from what I read I’m with you Pp. So looking forward to in specie dividend info when it comes.

[piperpeter] 21/2/2024 17:12

If you divide 75% of the number of allotted GHC shares by the number of MEN shares issued, surely this gives an idea of how many GHC allotted shares each MEN shareholder currently owns?

25,000,000 x 75% = 18,750,000 / 12,378,197 = approximately 1.5 shares per each MEN share owned.

Pp.

[all in eol] 21/2/2024 17:04

Did Activmojo not post it wasn’t a foregone conclusion? Company could retain all the decided split and increase the share price rather than giving a dividend for those that buy in to flip?
That said either have an effect on the share price but retention would make it more stable?

[piperpeter] 21/2/2024 16:58

AiE.

Last time I looked there were 25 million GHC shares allotted.

MEN owns 75% of them, 18,750,000, so surely we are entitled to our slice?

Pp.

[all in eol] 21/2/2024 16:51

Pp,
In specie or not in specie. That’s a very interesting snippet to find out.

[all in eol] 21/2/2024 16:50

Pp,
I was thinking next GHC IPO RNS rather than the only one so yes also agree there’s various before listing.