Member Info for Andrew1987

BP.

The downside would perhaps be some poor punters buying into the business based on hype only to be left disappointed. I think it would be a fantastic idea to seek promotion if the business had a product worth buying. But otherwise, it's a pyramid scheme im afraid.

ATB

So many trades at such a small amount. Someone wants out at a higher price I think

Good question Duncan. Will you be asking that one to SGZ? Or back blaming me for asking the same question you don't know the answer too.

23/5/22 - 3 Million raised

30/6/22 - Cash position 88k

31/12/22 - Cash position 35k

19/1/23 - Cash position 350k

9/2/23 - 3 Million raised

23/3/23 - Cash position 8k

5/4/23 - 0.5 Million raised

21/4/23 - 2 Million raised

8.5M Raised. Last known cash position 8k as of 23/3/23

6m Raised prior to 8k cash announcement. So I guess thats how.

Go write to them and update us.

Diversity issues aside for a moment, what concerns me most is the silence from the company. Surely if you have a critically low cash reserve and have been mining low grade material, you would take the first opportunity to reassure and update shareholders that the cash position is healthy and/or the grades have improved. Yet this hasn't happened. Which can only lead me to believe things haven't got any better. But how much time does the company have left? If the cost of operating is burning threw cash quicker than it's brought in, will the next RNS be one that announces the fundamental flaws in the business as it stands? More questions than answers which doesn't boost investor confidence.

Followed by at least 7 nominal buys of the same amount for £10 and £20. Trying to stop the fall with multiple small buys showing blue. Market manipulation

Riveting conversation these last few days. All the ones that wanted silence. Please, continue…

Take a ticket and join the queue rockhead. 12p and going down. Must be working

Anyone in the company fancy giving us an update on the cash position or quality of material being taken. How much and what quality.

Or would that tell a narrative not wanting shown!

Invest now folks. Bad news won’t be told until you have.

Look at this hand, don’t look at the other.

We’ve appointed someone, don’t ask about cash, grades or anything like that. Look at a new meaningless non executive.

Cash position , less than 10k? [not a joke with this lot]

Actually digit, if you Google a few choice words, you may be surprised with the outcome. A few old articles.

I thought the same initially but it seems to be anything is possible with this company.

I thought the same. Almost too specific to be false and every other report seemed to have at least an element of truth of not the absolute.

Regarding the bottom. I think there’s a long way to fall yet personally. At 25p we never thought it would half. At 12p we don’t either. 5p before the year end?

Duncan, do you mean drug dealers? Because that’s the latest rumour on Twitter. Mine workers using the infrastructure to bring drugs between them tyndrum and Edinburgh. I’ve no idea how accurate that is, but if it’s as accurate as the other Twitter releases then the police should be involved asap. It just goes from bad to worse.

When will someone in this company take control and get a grip.

Gravel guy I think it’s an awful big assumption to think I’d enjoy or gloat over lost jobs and to be frank, I don’t see any of that in anything I’ve posted.

What you may see is a joy in being proved that I’m right after being slandered and called all sorts by liars and charlatans. Not you, tb and Co. The truth is coming out and not before time.

Don’t deduce the wrong things by reading between the lines too much. I share you’re disgust and dismay over the down sides of all of this.

I wanted it to be a roaring success, believe it or not. Tb has turned so many against himself and the company unfortunately, it has became more than a one dimensional narrative of simply economic failure.

Gravel guy; I know you must have meant the thousands of pounds tb and the company has cost shareholders. Surely you can’t mean me. Since it’s the company who are responsible for the lost jobs!!! Stay accurate

Guess we never did find out who TG was. Or was that my incarnation last week of who tb thinks I am lol. Wonder who I will be this week. TT? TD? .... how about RIP SGZ?

Some possibilities:

1. Due to forces outwith our control, we have decided to call in administrators with a view to restructuring the business which will enable a brighter future. The only downside is the dilution will be 2p in the pound.

2. Tb has taken over majority shareholding. The only assets remaining in the business is photos of the mine and a pile of invites for visits never taken.

3. Due to lower than expected grades, the company does not have the cashflow to continue as a going concern unless a funding partner or alternative source of funding is secured within 48 hours. Failure to secure funding on appropriate terms will result in bridgebarn crystallising their charge. (Going private)

Any other suggestions welcome...

I said it yesterday. Bad news incoming… here it is. The guy who has led it to 8k cash balance is now running the show on top of the other things he couldn’t run. Good luck. See you at the administration meetings

Can't help but feel bad news may be incoming. TB posted MIA and big sells today....

No one actually knows the break even because the costs are out of control.