Member Info for Bebeto

Boom, they listed with 1,448,425,658 shares and now have 1,878,977,593 shares.

When they sell 5koz of gold (must be very close) they have to give Mayflower another 50m shares.

So it's over 30%

Boom, I do feel it's inappropriate to talk up or down a share when it's currently in suspension.

Having said that there's no doubt in my mind that the previous 30% dilution was the main contributing factor in the SP decline. There's still the potential for a lot more before the end of the year.

But there's a lot of newer investors here who haven't been affected by the dilution and they seem to go against every piece of investing literature to have blind faith in the word of a CEO , perhaps if something tangible has actually been delivered to shareholders then he'd earn my confidence.

Until then , the first thing he can deliver for shareholders is a relist.

The most important thing is that the company relists everything else is secondary. Tuesday is only 1 week and we really need to give the company 3 weeks before any conspiracy theories etc.

Boom , that's old news to me, yes GM is in the GCAT senior management and yes RM was a director there but that's where it ends..

Q3 quarterly update must be close.

Mickey, yes of course I was just offering a valid reason, so that you didn't lose heart. I've been in this situation half a dozen times and only once it went over 3 weeks.

Mickey, 7am RNS Monday just might be a big expectation as the people involved are probably office workers working office hours Monday to Friday.

The auditors record will also be date stamped.

Apro, the suspension and funding are two separate things which are probably both are not in the company's control to be able release co-ordinated RNS but there could be a coincidence.

I've only listened to that interview once, so correct me if I'm wrong by my calculations they earned £150-£200k after AISC since building the laboratory in late September.

He said funding is imminent, (which I've no reason to doubt) it just looks to me like they were expecting it in October.

Yes there's absolutely no restriction.

Legalwolf,

it's known through RNS that Goldplat needed an extra £300k over budget funds for a tailings storage facility.

It is also a possibility that Goldplat has a good handle on when the audited results were due. (From June 30th 4 month window)

So when a company hasn't published these results , they could have hedged and took half £150k worth out.

RM claims Friday afternoon suprise and they suspended premarket on Tuesday November 1st.

Who would have thought the first thing RM delivers to shareholders is a relist lol :)

Trek, a poster the other day said they were going to load up on relist and they were expecting it to NT all morning.

I don't think anyone predicted this suspension, I know I certainly didn't but whether you get sellers or buyers on a relist. Usually comes down to how comfortable someone is with holding the right amount of shares.

For instance I'm sitting on a sizable loss that I could just taken and sold but I know the amount invested is in my comfort zone, if you're out of your comfort zone you'll most likely reduce.

It doesn't matter if you're underwater or overbought it's better for your mind just to let the suspension run its course...

Sono***un, I've been in this situation multiple times and it's never nice but it's still early days.

The RNS says it won't last very long and everyone will have their own interpretation of that but now we've been told what it is anything upto 3 weeks is acceptable to me.

I filtered both their avatars today and they ain't coming back!

Swimonster filtered :)

I said earlier when you tell the truth you don't have to move the goal posts to suit your agenda.

I'm quite happy to wait and see Q1 2023 I think will be where it's at.

But first we have to come out of suspension.

You've gone off on a tangent, I'm specifically refering to the 440m extra shares, the majority were flipped.

Some investors made by getting extremely cheap shares and some investors lost value in theirs.