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Is this share definitely 100% going to tank ?
I am a novice at these things
Well it's been a month since the last RNS and no update since. Typical of the GRL board and I expect we'll get an RNS on the last trading day before Christmas or the end of the year telling everyone that the company has defaulted and will be taken over by the creditors.
It makes all those that stood behind the board continually telling everyone to trust them look rather foolish. I notice the guy that had seemingly invested in millions of shares hasn't been back here for a while. I hope he is OK or was lying about his investment as there is no future here.
Better luck with any other investments that you have.
Think it’s lights out here and the scumbags get their wish to take it private. Should be investigated by the FCA this situation!
The clock is ticking and getting ever closer to midnight.
Any rumours on the outcome?
Discussions in overtime?
Yep i reckon you are spot on this aim market is worse than gumtree for scaming bastards or do they call it investing still its only money i must say just lately i have developed quite a talent for losing the worthless crap
Has there be any change today any updates ?
Should be legal action against Bill for what hes done here, created a situation where he gets to keep the company for pennies and screw over investors. Should be in prison for what they are doing here.
A couple months reply by Emma that it was Auditor problems they were having and they were producing gold. So where is it. Have they got auditor have they got gold.
They are most certainly waiting for the ‘Dear John’ letter!
... you're late with news Goldstone, that's a first. Are the lights still on?
They’ve nailed the lid shut, dug the hole and about to lower the coffin in.
Do I hear a tap from inside?
Alas, no, it was the echos of hope from the PIs.
Is this going down to the wire or is it last rights. Lots of investment taken place and looked to have solved some of past issues. Would just be typical of AIM if this now gets taken over for the cost of the debt. I thought BoD had showed more integrity but this past year has thrown that out if the window with communication to investors.
5th Dec is just one of the doomed dates....I would bet we don't get an RNS and are kept in the dark or we get the same exact holding RNS we have had each time.
There'll be no resolution here and it will delist EOY, going private for Bill and his pals to reap the spoils longer term, without the cost/regulatory responsibility and most of all need to answer to shareholders.
With Gold above $2k per OZ.
Would be a massive shame if this loan doesn't get resolved in time.
5th December 2023
When is the date we find out if we are doomed ?
There is a lot more going on than we think,I think you will find at a guess is that Uncle Bill is the protagonist not the
knight in shining armour.
Will be a bitter pill to swallow if so . Amor fati
It's looking like we've lost here, they are jumping through the hoops to default non-payment of loan at Shareholders expense.............I've written off a substantial amount as in my opinion very little hope left but I would very much welcome the opportunity to be proved wrong by BT!
Could Bill Trew not pay the loan . Surely he has more than us ?
Default notice served, hopefully they can pull something out of the bag to resolve this. 14 days, we're now on the clock.
Mr CyberMonkey,
I suggest if there is even a partial amount of truth to GRL ever producing 50kozpa then I would think you definitely haven't lost your LS - as the highest I think the share has been is about 14p which equates to MCAP of £70m. Even if GRL can only muster about 25kozpa in some distance future - that should at least still make an MCAP of £70m and paying 5% divs.
It all depends now on how much dilution may happen due to GRL current predicament - and the level of deceit (if any) the GRL board have masked in past future production figures.
One thing I am sure - confidence in the GRL board for many has now gone the same way as their production estimates.
If this is just a big play to remove the PIs and there is plenty of gold ready to gold pour, I will be fuming.
My daughter and I are invested as we actually thought this could succeed, was never expecting to get super rich, just a nice return on investment would be nice.
Invested in this company as I believed the story now it looks as though lost life savings.