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130,000 ounces of Gold at $2k per ounce: $260million asset value
5 million Silver ounces @ $23 per ounce: $115million. Gives you some sort of scale of resource available, take off a bit for costs and potential price fluctuations and JVs which will probably be higher over the coming years and boom.
Not mentioning other assets they sit on like the Zinc etc
Superb RNS
GLA
I think this is excellent news tbh and a great move with the jigsaw coming together. Topped up again this morning.
I like this a lot. Potential future buyout?
Paloma is a large metal refining and commodity trading house, which owns its own refineries for gold and silver. Paloma's registered office is in Dubai, United Arab Emirates. Following the Subscription, Paloma will hold 400,000,000 Ordinary Shares, representing approximately 21.7 per cent. of the issued share capital of the Company as enlarged by the Subscription.
Well, some of us made our last (and biggest) purchase at 2p and then it dropped, and dropped and dropped, so if it reaches the dizzy heights of 5p I'll be very happy indeed, let alone £1!! ;)
Now in top 5 risers :)
I've read that message a few times and I can't tell if you are being positive or negative for ROCK. I even queried ChatGPT and it said 'Based on the information provided, it is difficult to determine whether the situation described is good or bad for the stock price. The statement primarily focuses on the dynamics of the market and the actions of market participants rather than providing a clear indication of the stock's direction.'
100% buy order in the system. This is a awful market and no mm will sit on the high bid of the day at 0.2925p and buy up everything unless they have a buyer for it. One 3 mil has appeared at 0.2954p when it was 0.29p offer at the time. Despite close to 10 mil of sales it remains NT to buy at 0.3p
Looks really good atm online just 150k offered at 0.279, somebody buying 500k blocks has took out the online available, mm's yet to move but unless there is a sudden burst of selling it's poised to test 0.3p today
If today's small purchases can move the sp 8% then there's hope for us all!
HH
Looking like there isn't much float left that would make this sky rocket with a little more volume.
Very much under the radar here. Some decent NT buys going through but the lack of wareness with this is clearly eveident. The NT implies limited stock available which could rocket this price on a bigger volume.
I recently punted GSCU at 1p low and managed to sell a few of them later on for 1.91p so 91% profit and still hold so there is a few mining little gems out there.
Well next to stocks like Prem and Vast I'd rather punt any miner compared with those 2.
It’s very simple if they get this out the ground the upside of this share is crazy . It will be well over £1
So a long way to go . But find another exploration company with this potential .If you know one please post in this . It’s well worth a punt even up to 5 p. So I’m in .
If you look at the details and the right backing they may get this going in 12 months .
The resource grade has been broken, imagine mining anything and it being 50% of the pure content you're trying to get to.
What record has been broken ?
Sorry I struggle with miners and grades. I did buy some today 1.5 million at 0.247p late on.
Clearly a major resource being proved up here…
Nm
Been long asleep on this one…..maybe this starts to give this share a pulse again !
Those who have been watching are just sitting and waiting in the lead up to the jorc adjustment and start of feasibility study. DP is doing a Stella job and we shall continue to sit and wait.
Is this normal? To have tumbleweed blowing irrespective of any announcements?
Very positive Zinc grades, and s.p. up 11%.
Market asleep on this one
Quiet on here considering... come on rocky almost forgot about you. X
Whatever he said it ain't working!
H