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it would seam all the sells are being mopped up by the background buyer.
26% of company shares traded Friday.
3% already traded so far.
Friday reach year high of 2.15p
We will be getting some RNS Shareholding news coming this week.
There have been Chunks of 100,000 and 250,000 and 500,000. Looks like someone want to get most of the copany shares before this skyrockets.
Any news on any agreement / negotiation / contract / Reverse takeover with a Natural Resource company will take this company between 2-3m
We are easily looking at 6-10p, near term.
Dropped 11% and then recovers back within minutes, this is a volatile stock with very very low Market Cap
Natural Resource Sector
MM's Picking up shares - £6000 get you 1% of Company
Hard to buy large amounts, keeps giong into NT
Richard Edwards has also purchased shares in GRIT
And so Has recent board member Malcolm Burne
Peterhouse sold on CLN shares directly to other Investros for 2.75p
Malcolm Burne Chairman of Golden Prospect Precious Metals
Market Cap: £40,000,000
Also joined GRIT
And is a shareholder of GRIT
GRIT Market cap 0.6m ONLY.
http://www.rns-pdf.londonstockexchange.com/rns/7143P_1-2021-10-20.pdf
http://www.rns-pdf.londonstockexchange.com/rns/7143P_1-2021-10-20.pdf
Needs further news yet, until then it will just be victim to scalpers.
So be it.
Have a good weekend all.
Crawshaw
hope you're watching this, called at 1.10p
Research pays handsomely
AUSGOLD LIMITED
Richard Lockwood (Non-Exec Chairman)
Total Assets: $58,573,879
Upgraded JORC Resource of 38.18 Mt at 1.25 g/t for 1,539,700 oz gold
http://www.ausgoldlimited.com/site/About-Us/board-of-directors
http://www.ausgoldlimited.com/site/PDF/d928f6de-7612-4fa9-9c7a-70ce34a707bf/2021AnnualReporttoShareholders
This should easily be 2-3m Market cap, with that much cash raised within the Natural Resource Sector.
All we need them to announce now is the work LITHIUM / GOLD / OIL
£600,000 The Convertible Loan Notes, which have a final repayment date of 30 July 2022.
They have enough time to repay without diluting.
Market Cap 0.6m
Cash raised £600,000.
Peterhouse sold on shares @2.7p to investors,
and profit in June 2021 account of 366,000.
This is a Natural Resource Investment company
The Company is pleased to report that Richard Lockwood and Malcolm Burne, both of whom are veteran fund managers, with exceptional records in the natural resources sector, will join the Board as Chairman and Executive Director respectively with immediate effect.
https://www.lse.co.uk/rns/GRIT/directorate-changes-qei2qzymp068roa.html
READ THIS:
GLOBAL RESOURCES INVESTMENT TRUST PLC
("GRIT" or "the Company")
Fundraising & Board Change
The Directors of GRIT are pleased to announce that £599,201 of new financing (before expenses) has been secured by way of a fundraising (the "Fundraising") undertaken by Peterhouse Capital Limited ("Peterhouse"), via a placing of Convertible Loan Notes ("Loan Notes") to new and existing investors (the "Investors"). The Loan Notes have a conversion price of 0.25 pence per new ordinary share.
The issue of the CLNs forms part of a wider transaction pursuant to which Peterhouse placed 18,288,131 existing shares (the "Existing Shares") in the Company with the Investors, pro-rata to their participation in the Fundraise. The Existing Shares have been acquired at a price of 2.75 pence per ordinary share.
https://www.lse.co.uk/rns/GRIT/fundraising-and-board-change-79yysslcn4s0h2u.html
"For the first time in a number of years GRIT is able to report a profit (of £366,000 - compared to a loss of £288,000 in the six months ended 30 June 2020)"
Future plans
Further details on my successors and on their plans for GRIT (which include proposals for the re-building of a small diverse portfolio of natural resources investments) will be set out in an announcement to be published at the time that they are formally appointed (expected very shortly). I wish them and Martin Lampshire, who will continue as Executive Director, every success for the future of GRIT.
https://www.lse.co.uk/rns/GRIT/half-year-report-0k6mtdi06fjo6na.html
The solution:
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Yeah don't worry, those of us with significant positions already know this, nice try though and your not quite right either but thats for you to work out.
Enjoy.
240 million shares to come at 0.25p including current 50 million shares gives 290 million shares. So at 2p the market cap is almost £6 million.
around 240mill shares at 0.25p which means at 5p almost 6 mill cap!
0.6m Market Cap
They recently raised £600,000
New Board Changes
Natural ResouRce Sector.
Easy 200% today
Quick look on Twitter turns out most of you are in it, I been waiting.
Market Cap 0.6m, They recently raised £600,000.
Entering the Natural Resource Sector, with new management
22 October 2021
Global Resources Investment Trust plc
'GRIT' or 'the Company'
Directorate Changes
The Company is pleased to report that Richard Lockwood and Malcolm Burne, both of whom are veteran fund managers, with exceptional records in the natural resources sector, will join the Board as Chairman and Executive Director respectively with immediate effect.
Accordingly, and as referred to in the Company's announcement of 30 September 2021, James Normand, Chairman, will step down, also with immediate effect. Martin Lampshire will continue as Executive Director.
The reconstituted Board is now in a position to progress its plans to commence the re-building of a diverse portfolio of natural resources investments and will in due course announce further proposals to advance this process.
Sellers, don't be whining when this 10/20 bags, if you cannot see it your blind.
Just having a look at this co. Any idea why the website isn't working? www.grit.london
Thanks.
This is the solution to the closed minds.
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Bragging about a couple of shares you've bagged on, really?
Crawshaw
really avoid Earl of AIM
up in below stocks
tek 200%
# GCAT 100%
still loads only 20% up, yes few days red and that's investment for you. no one can hit 100% winners.