Member Info for banjomick

Was, you worry too much!

Was, if you scroll back you will find, I think it was two, reports from those who attended the EGM

Well, the SP went up nearly 300% for anyone who bought over the the last five months or so and by a few percent if you had bought 12 months ago so that's not bad going! It could be a positive and dare I say exciting 2026 for GRL, just have to wait and see how it all pans out...so to speak!

Hi boo, just back from pool match and after pool games...which I won of course! Not sure if your post was aimed at me but I thought that was a verisimilitude post on past GRL and what the future has to offer!

The 2025 'targets' were a obviously long way off being achieved and this was reflected in the decline in SP through the year as it became clear they were never going to be met although I thought they might have improved! Not helped by in-house company issues either!

The 'targets' have been lowered for this year which are now more or less the same level as 2022 and that's with all the new machinery in place along with other plant enhancements ! I believe a lot of the under performing is mainly due to :

1. GRL are operating a very small scale mining operation (one step up from actually panning for gold) where the slightest issue is detrimental to gold production

2. A lack of experience by GRL management in actually running a very small scale mining operation as their 2025 'targets' prove

3. The rainy season does affect production in a big way and especially with the size of this operation

4. In-house company issues but hopefully all now resolved with a stronger more focused team!

Therefore with recent further improvements to plant now in place and the experience gained over the last few years I am expecting a better year for both the company and the SP....he says bravely or stupidly before anyone says it! :-)

5 February 2026 -"and the Company looks forward to progressing a 4,000-5,000 metre drill programme over the next six months." An update regarding this is called for as it reads like one of last years 'targets' as in I look forward to winning the lottery every week!

Goldbug2, give it a rest, you are sounding very bitter!

Anti, that was very quick and decisive action by GRL, although it does say it was his decision to step down, considering Richard Wilkins has only been suspended by PXC and not been proved guilty of any charge!

9 February 2026

GOLDSTONE RESOURCES LIMITED

("GoldStone" or the "Company")

Directorate Change

GoldStone Resources Limited (AIM: GRL) announces that Mr Richard Wilkins is stepping down from his role as an Independent Non-Executive Director of the Company, with immediate effect.

Emma Priestley, Chief Executive Officer, commented:

"The Board would like to thank Richard for his dedication and hard work in guiding GoldStone through the past few years. His efforts have been greatly appreciated."

Fr, I believe that was a fair 'assumption' to make and now answered! Exciting times ahead especially with the drilling programme this year, in my opinion of course!

Cheers RightOn for taking notes and posting here, it's much appreciated!

GRL can't really release any news on Sierra Leone, if there is any of course, until the voting has been completed tomorrow, that was my point!

Corrumpo, it's quite possible that Sierra Leone was the key part in getting the £2.0 million Subscription as I for one don't know any further details but the 'investor' stumping up the £2.0 million might do!

GRL have stated that "the Company is targeting total gold production of approximately 4,000 ounces of gold in FY26." which I believe to be a conservative figure but it's still a low number compared to this time last year forecasts! Therefore why invest £2.0 million in a company that is basically treading water?

Time will tell!

I could be wrong but hasn't the SP been dropped to near the 1p 'Conditional £2.0 million Subscription' which will be voted on tomorrow?

So if GRL can update the market, once the results of the voting are known, on Sierra Leone either tomorrow or in the following weeks then this could be a game changer..........or not! Interesting times!

You never know, they might release some news on Sierra Leone after all the resolutions are passed which they should be.

Bencard Allergy who are part of the Allergy Therapeutics Group and cover both Germany and Austria updated their website regarding the new Grassmuno® product:

"New approval for allergen immunotherapy for grass pollen allergy

Bencard Allergy is launching a new subcutaneous immunotherapy (SCIT) for the treatment of IgE-mediated grass pollen allergy in Germany. On 15.01.2026, the product was officially launched on the market."

https://www.bencard.com/

I make assumptions! Lol

The 'investor' putting £2m in probably knows the plan as will AIMS! GRL can't really comment further regarding Sierra Leone until the resolutions have been passed!

Well, GRL should give the results of the voting this Thursday afternoon after the EGM and possibly update the market with production figures along with further information on Sierra Leone, so not long to wait!

Just in-case anyone hasn't read a post from over the road by GheeBee yesterday, thought I'd re-post here:

"GheeBee 31 Jan '26 - 21:28 - 12439 of 12439

As those at the AGM know, there was revelation of an approach offering 1.6 that has not been refuted. As we all know the share price has just reached that level and fallen back. The iron rule of placings at discount is that the share price falls back. So here we are. The fixation with tailings may well have suppressed the price when the value really lies in the exploration. Not much on tailings in the RNS. Given this I would imagine Mr Robinson has been briefed on the exploration plan and therefore the counter parties. So either he thinks 1p is the value now and in two years time or he is looking to make a good turn on his money. I was simply asking how others feel about the warrants being at the same price as the subscription when often they anticipate growth and with talk of Sierra Leone the RNS points to considerably more than just keeping the pits open and the lights on."

The reason the AISC was and is so high is obviously due GRL initially building the plant up and then improving and expanding on it, it's perfectly normal for such a small mining company!

As said before next Thursday's EGM is a key date when the extra funding is voted on and hopefully passed along with the subsequent updates which will no doubt follow.

The last few days has shown it doesn't take a lot to move the SP in either direction and will only take a positive update on gold production or and some news about Sierra Leone.

The consistent negative posters know jolly well what could happen here hence their pathetic attempt to put off anyone thinking of investing, otherwise why would they post...