Member Info for Boldicus

I am aware that she has Ties to AIM clearly or she would of been gone already. however I'd like to of thought at somepoint you would lose faith in EP as we have.

However it all depends on the information they are being provided by EP, No matter what that is it will be vastly great than PIs. I was unsure how I felt about Paracle and Nguvu considering the consistent failure under Paracle in the past prior to the 2024.

It's worth the risk mate, This gold position will continue to climb there is far to much instability in the world for it to reduce I think were talking $4000+ per oz in mid - late 2026. All we need is a solid renegotiation and increased output.

I'm hoping they will just add more gold to the gold loan 300 - 600 oz or more with added CAPEX.

I'd be happy with removal of EP and installation of someone who is under AIMs control.

@Siennaj

As others more knowledgeable than myself have stated there is clearly a big seller! you can see them matching every trade at 500k throughout the day. Someone is offloading. Once their gone we should see this climb...

It is likely cause of the shift from Gold Mining to Bitcoin treasury sort of thing.

The thing is BMV stated in January about getting the TMUP, they didn't get them. I suspect, from that stage in February Aiden had been looking at alternatives and reaching out knowing that was presently dead in the water.

and he found Sath, who at present is doing a much better job IMO!

Sub 2p I think is a SAFE bet, anything over I'm unsure atm.... but I do not think this is a boom or bust situation. I'm waiting to see what goes on with the SK legal challenge. But at this stage that is a bonus.

My only concern was the concept of mining bitcoin.... surely were past that stage now isn't it more costly to mine than what their worth at present?

The Loan will be rescheduled, AIMs in no rush and it will be to the last day in December again. Maybe they will add a couple 000s of Gold dore bars in interest. But that will be the likely outcome.

But hopefully we will continue to see consistent rises and updates now...

No need for that, So far he seems to be doing very well and providing consistent solid information.

Its always good to keep a balanced perspective...

It doesn't make sense, but it happens RMM was one I was in and did it.... They did try to make it seem like their were aligned with shareholders by stating they get bonuses at 3 months of 650oz...

But surely AIM.L adds levels of protection from potentially being taken private.

I suspect were going to stay at these levels to 0.5 and their going to renegotiate aim in December again with a extension and that will be the rise! Then back down we go as they continue the potential privatisation path.

Agreed, But what I'm hoping for is that after the renegotiation part, The New investors add clause as part of their investment and capital is that EP is replaced with someone they want.

Obviously AIM would have to agree with this along with other parties... But I do not want to see EP still in position here and cannot see how she can keep her position considering the consistent failures and poor information.

Ideally, I'd like for a Investor to come in at a premium with the condition that EP is removed.

That would be the best outcome for me...

I've got afew questions if anyone can help...

what are our best options at this stage?

what are the chances of change in management and bringing capital. Pretty sure AIM have essentially the chance to take over last year?

AIM are clearly in the strongest position, What are their options?

Lets hope we have better luck than GRL! eh LoyalTrader!

It all just depends on what level you get in GRL at this stage. Definitely worth a punt at present price as easily a bounce. But I would take your profits at the next a recovery to 0.6p or before December....

Thanks for the info Corrumpo, Where's there's money concerned its always wise to be careful on what you believe. But clearly what you have said and what has been disclosed... Does seem to track, the question is what goes on at this stage...

We're going to need capital and a replacement for AL... all of which will result in dilution or cost.

If you have not noticed from his past he loves giving dates.... then missing them...

@harChris

I think I can assist you abit about that, the price was about 10p - 14p November 2021 and the RNSs coming out were stating vastly higher output and there were talks of easily going towards 45p+ with the likes of Bill Trew on board. We can still see that Emma is good at spinning and providing unreachable targets more recently was the 1000oz pcm stated in January

Example Below:

1 Nov 2021 14:30

RNS Number : 9491Q

Goldstone Resources Ltd

01 November 2021

"The project hosts two former mines, the Akrokerri Ashanti Mine Ltd, which produced 75,000 oz gold at 24 g/t recovered grade in the early 1900s, and the Homase Pit which AngloGold Ashanti developed in 2002/03 producing 52,000 oz gold at 2.5 g/t recovered. It is the Company's intention to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt."

But it did move the price b 29% were still higher than pre that rise... either way it looks more promising

Well we might finally get above 1p!!! news is definitely due 30%+ in 2 days and no RNS...

We all deserve some good news!

Lol, Wrong tag. But I am in GGP as well so useful to me :D

It's clearly able to sustain itself from December 2024 - Present otherwise we'd be bankrupt by now.

They we're unable to raise the funds they wanted when attempted in the past, So no big boys are going to take this yet.

AIM have INCREASED, their holding

They may at this stage just attempt to stack up good news. As 1 good RNS will only cause a spike.

Frankly I'm scared, once we get consistent good news! then I'll be wary of a takeover.

Hey people, please check my figures... please correct me if I'm wrong From Jan 25, nothing has been included in the Final Year results using that I did the below:

gold prices:

Gold Price November 23 $1967 - December 24 $2600 per oz

Base line of gold in January set at $3000 per oz

5 months Gold Jan - May 468oz $3000 is $7.03m

3 Months Gold Jul - Sep 650oz $3000 is XXXXXX

3 months Gold Nov - Dec 800oz $3000 is XXXXXX

I calculated the last 6 months together Total production for last 6 months would be:

5616oz x $3000 $16.848m

Thats $23.8m Gross for 2025, if my maths is correct and assuming the below:

Gold price maintains baseline of $3000

Production hits within my figures

What is the total yearly cost for GRL? last year I worked it out at $8m to be safe, that would mean Gross profit of $15m

IMO, my maths is all low ball assumptions, we want more gold per oz and we are consistently seeing above $3000 per oz.

if we go the correct way we should see a HUGE return.

Honestly, they need to get income positive then hire a communications specialist to provide consistent quality information.