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They stopped even posting pictures on how well production is going. Maybe they ran out of old photos.
Bunch of amateurs
This is suspended for failing to meet basic listing requirements, absolute joke being suspended this long no excuse.
GCAT has never been very good at providing holders with decent RNS worthy info tbh. Production updates always lacked detail such as an AISC (minus about one).
Generally, I think what isnt said is as important as what is as if something is ever positive, most companies will shout it from the roof tops, so if its left out, its because its a negative.
Robbie as an individual also tends to be more into tweets and interviews for comms than RNS's and for me never comes over as an orgainsed person in terms of paperwork (but hardworking in other areas), thus I'm not to worried about any lack of comms.
I have many other concerns mind.
Let's hope not Dalesman100. Also lost thousands at RMM, SXX before that and currently suffering large at COPL. Not forgetting a £10k loss at EVR. Surely GCAT can give us something, 4Q23 results maybe ? GLA, Dan
Who knows what is going on here.
I'm hoping it'll be ok but I'm rather worried now.
This may just be my second big loss this financial
GCAT gone very quite no RNS update, no Tweets, what’s going on.
Might be a buying op tomorrow
HE1 has to be worth a gamble IMO
Look for something that's recovering with manageable debt, access to funds and growing revenues.
After a horrendous run with Rambler losing thousands ' I think I will be chipping out of GCAT .
You wouldn't believe how or why I bought in in the first place. I am looking at other investments at the moment ' but I'm struggling
Expecting financials RNS shortly, interesting to see how the market will react if it relists.
When a company is paying for things with shares it doesn't currently own, then it's as bad as things can get.
It's a lot less anguish when you admit you've got this one wrong and prepared for the worst case scenario.
Imagine people wouldn't have invested so much if RM hadn't been pumping the 2koz jam that never came.
There's no choice but to hang in there now regardless.
DMors, I too have had my struggles on this at times. Don't give up hope. Looking at your posting history, I suspect you're not anywhere as far underwater as many others here, including me. While I am not going to debate any specifics on this share any more here (its become ridiculous and ultimately unimportant) I certainly have not given up hope. There is a fair bit of information around, that indicates plenty of signs of life in this business. Hang in there. Nobody is promising "jam tomorrow", but in the same vein, certainly don't believe anybody who tells you that your investment has been lost, either. That is simply not true. Hang in there, at least until we get proper word, which I suspect is close.
I've not posted in over a year on here - I had to take a break for my own mental health because being heavily underwater really got to me.
My own fault, but I've come to terms my investment in the £10,000's is unlikely ever to reach my break even point.
What a shower this has turned into though, It has been about 15 months since I lasted posted and literally nothing has changed here - it has just got worse.
Anyone reading this board, just don't do it unless you are into extreme high risk investments. I've lost my shirt, I don't wish anybody else to do so.
Well past caring what's happening behind the scenes. The company must have been in a dire situation to be suspended this long but keep looking at the jam tomorrow.
I think so too Daniel. There are signs of the swan's feet furiously kicking under the water for those are investigating closely. But very frustrating nonetheless.
I'm more confident it'll be back. I don't think there is anything malicious here, just terrible governance.
Don't think it helps that, according to the website, the audit committee currently consists of 'nobody'...
I'm beginning to think you're right Bebeto
There's a chance it may not come back or not come back on here.
Need to wait at least another month for that to be consistent with other 'coming days' comments :D
It's GCAT. You'll get used to it. Carlsberg don't do corporate governance, but if they did...
Getting incredibly frustrated here - we were promised updates on finances 'in the coming days' and this was three weeks ago! I was happy with the regular tweets but now feel they just aren't enough...
*12 months Zan_TM
They get given 6 months to do them. This is an additional 6 months for not doing them in the first 6.
Frankly, it's terrible.
They'll need accounts and prospectus regardless, the funding doesn't look like they're queuing around the block to offer it.
A lot easier to get a fundraising on AIM, that's all.
I'm not sure it would make much sense, if (big), they get this funding Robbie has told us 20 times is in final stages.
Suspension occured on 1st Nov, so still a few months left, and if auditors were on site as has been reported of late, you would expect submission of accounts more near term. Thats my logic based thoughts.
One thing at a time, but 3 big issues right now
1: Accounts
2: Prospectus
3: Funding
If any of those 3 fail, hard to see the company being able to stay as it is.
If all 3 get sorted in next few months, then maybe 2024 will be more enjoyable than 2023.
Heres hoping
Are they going for a delist and relist on AIM?