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Nice moves from management. Finally

Haha the bounce back on this is going to be insane. Shorters trying to earn their 2p down to 18p whilst getting crushed on the way up. Going to be cinema!

Wasnt expecting this to happen so soon but here we are! Especially that knob head that started in the early hours of this morning. HAHAHAHA

This is why Big Don said 3 million oz in Pepas alone. Once Pepas is online that cashflow will underpin all future exploration too. People are too fixated on the capital raise here and not the bigger picture. Cheers for the document Dr. Very informative!

Time to report stevo to get him off the feed. Do not engage with his posts just report it.

Stevo keep de-ramping. I can guarantee this will not fall below placing price . It's 50m new shares not 500m. Buyers will sweep up as MRE update comes in. The drill results will do the talking not this placement.

Pat I think you need to think of it from a different angle.

We have update on MRE coming up that we will bring pepas into production at some point in the next 2 years. If there indeed 1 or 2 million oz of gold there to extract what do you think the market value of that is given our very low extraction costs? Then divide it by the new number of shares outstanding. Are we currently overvalued or undervalued?? That's not including all the other assets yet to be drilled....

traders look at price. investors look at value. simple back of the *** calculation will tell you how underpriced we are after new shares are added. short term dips will be snapped up if mre update confirms we have 2 million oz in those mountains. big don seems to think we have 3.....

Brad must have explained previously why he doesn't participate in these raises. But it would be good for him to repeat so newcomers can get an insight into his thinking. If pepas is worth a lot then why not dip in?

**** me seingred has turned positive. we must be at the bottom 😂😂😂

Everyone is focused on the placing. The black swan will be the next set of drill results. If it significantly increases MRE then a 30 percent discount will seem like a bargain

Have to agree with you on that one. It's not as bad as I thought but it's not great either. Let's hope they keep the excellent drill results coming or there could be trouble ahead...

Whilst i am disappointed, 18p is less than 20 percent discount to today's close price so it's not that bad considering the management owns very little shares.

If drill results continue to deliver and there is a couple million oz of gold in the MRE then the trajectory to a quid without further dilutions should be guaranteed.

I'm just sick of people stroking their own egos pretending they know which direction the share price will move in the short term. Nobody knows. It looks like the warrant holders are selling up a chunk here but that has nothing to do with Ardens "predictions". I want the share price to fall so I can buy in cheaper not because I care other shareholders

Aden what's the point of commenting if you are just going to be a bell end.

I've been adding but leaving some spare powder for tomorrow just in case the markets tank after rates cut

Warrants possibly?

Potentially 10m in BTC. Really not smart

Well if the share price falls heavily I'll be taking advantage that's for sure. Long term view guys. This will be much higher in a few months

I think rate cuts may be a sell on news event. But gold should bounce back if there is a sell off. Mr Trump is waiting to restart the money printer! Brrrrrrr