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He knows where the bodies are buried
Re. GGP is a pump and dump plus it has Alex Borelli from BMR there
Nuff said
Also what is the geology like? Are we looking at open pit or hard Rock?
Got mixed feelings on this rns. Currently we are a one trick pony albeit moving rapidly towards production. So is this just a sensible diversification or just a distraction pending possible poor news to come on NI project. Plenty if examples on AIM where shareholders get continuously rinsed through raises and new projects eg ukog, bem and the Colin Bird stable of companies to name a few.
Gold grades ok but not spectacular. More interested in the cu grades depending on the size of the mineable area.
Who's going to pay for the drilling programme?
I cashed out my holding several months ago at 5p but only because I needed the funds. The shares at that time were free as had already sold sufficient to cover costs.
I personally don't see Kallak adding to the SP anytime within the next 12 months. Even when all the reports are done BEM still have to negotiate a way through the Swedish beaurocratic system which has done its level best to destroy BEM over the last 10 years.
I believe short term value is more likely to come from Finland or Kosovo which is ironic in that if Burt hadn't pumped so much shareholders money into Vardar, he would not now need to issue another begging bowl to IIs at mates rates with a few additional crumbs to keep PIs happy.
Take up the rights by all means, but don't do it just for the 46% discount.
GLA. 3CARD
Down to a mere 140k from a high of 300k. Wish I'd cashed out at 20p. Grrrrr
https://youtu.be/M7rd_HwLa9w
Aren't you glad we are a reclamation company and not a miner?
If we get anything at all back from this mess the drinks are on me. And I'm not normally known for my generosity in a bar.
This is just the latest phase on the way to oblivion. Take the company private and you can basically do want you want without having to keep pesky PIs informed.
Garonne
Are you in an online share portfolio?
I am with HSBC InvestDirect and was recently advised that following recent VOG de-listing, they can no longer hold the shares in my ISA and will shortly be sending me a manual share certificate.
Same thing happened with BMR Mining a few years back although when they recently relisted as KEN, I was allowed to bring them back into my online portfolio.
Re "The JV agreement also allowed Bezant to put any new Cyprus project acquired or pegged by Caerus into the JV, thereby gaining a potential 80% interest. This clause left the Company with no incentive to expand its footprint in Cyprus. In addition, the terms of the processing contract between Caerus and Jubilee Metals Group were once again heavily biased towards Jubilee, and detrimental to any potential early cash flow to Caerus."
Obviously COP is a major factor but hitherto I did wonder whether part of the reason for depressed sp is the very successful previous stockpile negotiations. Maybe companies cottoned on to us
Re Unfortunately my average is a little higher.
Thanks BE. Sadly my average is also higher having bought at 100p before the madman invaded. Didn't have funds available at the bottom but happy to sit tight for long term growth and divs.