If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
There's no denying that the hiding of the CLN was dodgy AF. The fact they can't pay the CLN back with new shares right now is dodgy AF.
I held for ages through the suspension and found out about the CLN like everyone else at the same time which was dodgy, I sold the rally and am waiting to buy back in. I appreciate that Robbie has told us he will release Q3 and Q4 together which we have been asking for, and I appreciate he's now made a note to the AGM and the timing, which is probably someone giving him a nudge telling him to be more honest.
I won't be buying until the numbers come out but hopefully this can all calm down and lessons can be learned about share holder communication, because the way the CLN and delay-to-financing-fail RNS has been handled is shocking.
Placing @ 0.36p but resets after the FIRST month.
Placing shares are subscribed for no earlier than three months and no later than eight months. So the 0.36p bit is irrelevant! The placing guy picks them up in 3 months time for a discount to VWAP. The 0.36p is thrown in there as a smoke screen.
Why would anyone buy the business now? Surely wait until March, cash runs out, then buy it cheap during Admin?
Yes, correct. Personal loans to the company so they could buy more stock and help REVB's figures. Christttt
The Cyber Attack today says someone has made off with $250k of the companies assets. NFT say they are commissioning a third party report to make sure it investigates the circumstances, doesn't sound like the police are involved at all. So effectively they are making sure it doesn't happen again, whoever took the assets will get off scott-free and they won't be recovered. So theoretically the cyber attack could have been from anyone in the world who wanted to take funds and potentially know they wouldn't get found out ..
Jesus lad. The stocks just dropped 50% due to poor earnings and a major customer delisting their gin , yet you think long term it will 8 bag from here to all time highs. Optimism n all that
Low liquidity = big spreads and vice versa
Wait for the Q3 production numbers (if they ever come out)
Everyone knows they will be lower than people want, little downtick on the RNS, buy the dip, ride the rally into next funding announcements
The writing was on the wall for this one when they announced fairly quickly that they weren't going to update the F1 manager game anymore. That annoyed so many gamers to the point it got such a bad rep. Imagine FIFA coming out and after a month they just stop updating anything, don't do anything with Ultimate Team and just wait for FIFA 24 - everyone would go mental.
It's a learning curve for FDEV, you can't just take purchase costs and run
AP - why is the Q3 report due in November 22 not out yet? Is it meant to be? I wanted to buy in this morning but the lack of that report concerns me. Almost like someones hiding something. Kind of waiting on the side lines for that RNS first ..
You'd think that a funding deal against future production would have to be secured against something - otherwise the lender carries a tonne of risk. Control of the licence seems like something normal to me. Only problem now is that they are $10m ish short of cash they were expecting and it took 7 months to conclude the deal with OCIM. What do GCAT do for the next 7 months? Work on a new deal with someone else?
Guys, I'm sure like a lot of you I was excited when Jo became the CEO, Ex-Canaccord etc etc.
However the reality is in the past year there's been a director death, a placing (via Canaccord) and a move to AIM. That's it. Barely any project updates, no reason for people to buy the shares or anything. The last chance this share had of going on a run was last year when all small cap miners had a couple of days of a big rally, however for AYM all that happened was the ex-directors sold all their options into the first opportunity and ran. That's what they thought of the company. This appears to just be a nice company paying salaries to the BOD and that's about it really which is a real shame, when you consider where they were in January 2021 just before that months placing.
What's the need to release any RNS' ?? In the last year all they've RNS'd is move from Standard List to AIM, Bill died which forced them to do an RNS and they did a placing. This share is one of the most pointless shares out there, 8 months between any news. They have no need to RNS anything, just sit quietly, do nothing and earn a big salary and then raise money when they need next years.
Oversold? They've just said they need to raise money. It's an illiquid share with sod all behind it and a tiny market cap. Nominal is 0.01 - TWD and YGEN just did 85% discounts. KAT doing the same puts it at 0.02p
5p hahahah more like 0.05p
You have to laugh really. No updates for 3 months then he comes out basically saying 'we need funds' and that's it.
So they are 0.1p and have a nominal of 0.01p. The way placings are going at the moment you'd expect a 0.01p raise in Q1 2023
That £2100 buy at 14:12 ouch .. how to lose £1700 in 19 minutes. Poor person
Big buyer on the order book. Hope they can squeeze that bid up above 2p and we are laughing
Production up and power available .. but no update on the sale
Hahaha nice attempt at a cross ramp. £40k volume in the past WHOLE MONTH. 33% spread 3-4p. . £90k cash. Revenues down. Lol