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All we hear is rampers abusing anyone who has a different point of view.

What do you call someone who ramps as the share price crashes?

Yes I would rather they raise the minimum amount at these rock bottom prices to get Molly under their belt. In theory the next raise will be well north of 5p if we do discover a 350k open pit gold mine! Misk has his credibility on the line here and I'm hoping he will smash it out the park on results as he has 40 yrs of mining experience....

Agreed, those adding here today will have a great deal, missed the dilution and now they can crack on with drilling fully funded two targets that will bring 235k ounces to the company as a minimum. 15M market cap (after dilution) still seems too cheap here.

""cash subscription of £100,000 with Brian McMaster, Executive Chairman of the Company, through the issue of 7,142,857 new Ordinary Shares""

He diluted us by 7m shares...cheers Brian!

Anyways I'm still optimistic on drilling and delighted that we got the Molly project so cheap so will let the drilling results make my future decisions. Gla

Another thing is McMaster could have put his own money in, instead of issuing more shares. It's like we are paying him to be there and essentially do nothing....rate Misk and team highly. McMaster not so much

Huge points for finding Molly but this fundraising could have been done after the drill results are released. If they are sitting on an open pittable mine with 350k ounces surely the share price will be north of 5p? Would have saved us retail some dilution. The only explanation is that the drill hasn't been good and further work needs to be done. Either way I'm here to see it play out

I guess markets were more worried bout near term funding. If that is the case happy days. Blue skies ahead hopefully. Gla

Not best pleased about the placing, especially before drill results are out but at least it puts near term funding worries to bed. Paulos trust will be tested here as he mentioned materially improving the mre in the latest Comms. Let's see

The simple fact is there is a huge valuation gap between here and a lot of other junior miners with a MRE.

In ground per ounce here is insanely expensive, especially for a country that is not tier 1. Some gold producers have traded at as little as 4% of their in-situ gold value. Gold in-ground valuation for exploration companies typically ranges from $25 to $90 per ounce. With 200k ounces thats around 20M tops.

Yes the potential of the other assets are there but the markets unlikely to value it properly until future drill results come back. They've got a nice 15m raise out of the hype but wouldn't be surprised if market cap fell to 50m region here.

Jungle has turned up. Signal to sell 😂

Nice list. Not one even came close 😂. An echo chamber if I ever saw one

Dr R I don't need to ask Baron, the fact you are happy to copy and paste his waffle means you are more concerned about keeping the share price up than actual facts. Future dilutions will happen, it is still very early stage exploration with a maiden MRE on a small project. Yes the cashflows that this project brings will cover costs after it has come online but that will not be straight away, it will be years. The 15m raised will not cover the whole duration before first pour. Better stick to facts than ramping like Napth. I thought you are better than that.

‘ An important part as production clearly removes any future need to dilute shareholders again'

are you sure about that? They are still a good few years away from production, meanwhile the currentsfunds are being spent on exploration targets? Cost to mine haven't been finalized yet but people are claiming no more dilutions?

Lol, learn to read their RNS, JAN haven't even released their drilling results yet. Let's see this management team pull a rabbit out the hat. I'll be here with popcorn

So they've got a few more DD holes to report, then RC drilling that is funded...but after that I'm guessing its back to the shareholders begging bowl we go?

Vicjain Omi is also priced over 100m.

For context, serabi gold in brazil is on track to get 50k ounces per year. Current market cap 240m

Omi isn't going to be pouring anything for at least a couple of years.

Tungsten you are doing a great job calling out these rampers, keep It up if you've got some spare time. I've given up countering a few months back. They are so far up their own backsides it's hilarious. Losing nearly 20percent in a morning is no joke.

Our management is on the ground, younger, more energetic and is determined to find more cheap deals in a country they are very familiar with. Compared to Omi management who are not local and sit remotely to bark instructions. Worlds apart. We share soon see the massive difference a great management team makes. Patience 🙏

There is definitely still warrants holding this down. Highly frustrating.

Also they've agreed to fund the new project with 250k dollars of Jan shares. Is that another 25m new shares on the register? Maybe the market is hesitant on the financing.. the quality of Molly will pay this back ten fold but maybe that's why the shares are horizontal ATM.

For what they've proven up it's priced in. For what they potentially have in the portfolio it's not. Make it how you will.