Member Info for BigMinnow

See https://www.telegraph.co.uk/business/2023/05/09/ftse-100-lse-markets-live-news-halifax-house-price-index/

reported 2 minutes ago.

They are showing the times in UTC or GMT not BST.

https://www.proactiveinvestors.co.uk/companies/news/1013571/strategic-minerals-still-expects-substantial-revenues-from-cobre-in-2023-1013571.html

It reminds me of a company called Wolf Minerals!

https://twitter.com/angusenergyplc/status/1641409432591429634?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

AS per the report:

"Directors believe that there will be sufficient funds available to continue to meet the Group's working capital requirements as at the date of this report and that sufficient funds will be available to finance the operations of the Group for the following reasons:



· Since the period end, the Group has issued a further 7,428,460 new Ordinary Shares worth £3.0m.

· Agreed the option to defer a total of £2.5 million capital repayments due by the Company in calendar year 2023 to Bridge Barn Limited by up to 9 months from the due date.

· The Company is in advanced discussions with its gold offtake partner, and is reviewing final documentation, to secure a US$500,000 advance to assist with short-term working capital. The Directors of the Company have also discussed, if the need arises, the provision of additional working capital, in the form of equity or a short-term convertible loan.







Accordingly, the Directors believe that the consolidated entity has access to sufficient financing to be able to continue as a going concern.
"

AS per report:

"As a result of the 430 West ore drive turning to waste and the need to focus on ore production, the Company shifted development priorities on 3 March 2023 to the 415 East ore drive. In parallel, plans commenced to bring forward long hole stoping to early April (instead of previously forecasted for calendar Q2 2023), to secure the short to medium term production profile and enhance gold production thereafter. Stope drilling continues to be undertaken successfully and the transition to Long hole stope mining is on track to commence in 5 days time."

Looks like we may be getting some late bed & isas before the next tax year starts? Wish I had the funds available at this barmy price!

The co2 garbage really only applies in the west.

Anyone care to speculate why the Q4 2022 Magnetite Sales and Cash Balances RNS is so late? I can't recall it being this late, in prior years it was published on the 2nd or 3rd week of January.

Maybe we'll get the Q4 Magnetite Sales and Cash Balances RNS today - they did it last year on the 26th.

The full data published today: https://www.nationwidemediacentre.co.uk/news/live-black-friday-spending-data-full-day

Not only does the current MCAP not reflect the award (even without interest) but values the assets of the company at less than zero!

https://www.youtube.com/watch?v=3O4Yy9o5aHI

**** audio and bad echo initially for me using a chrome browser on chromeOS - thanks but no thanks LSE, I'll listen to it later!!!!

Very good result - nobody needs to concern themselves with the OM award amount, whatever it turns out to be now. This removes all funding uncertainty for Sea Lion and presumably everyone should be happy. I'll be glad to participate in the open offer under these circumstances.
GLA

SML is what is known as a lifestyle company mate ;-)). This is what I have come to realise after years of promises and fairy tales from the directors.

The original grant of options was on 26th September 2019: see https://www.lse.co.uk/rns/GGP/grant-of-options-qw1esswjz42zr8d.html

If not GH it must be Callum Baxter; if he sells at 11p he will make almost a £1m profit.

Well that's £495,000 added to the company's cash!

Would be nice to see an actual RNS with the results from GGP though!