Member Info for Brainer

Wow!

I think it will go back above 35p at least, drop overdone, current cash position more then current market capital

Why such a big drop today?

Sp was 25p beginning of the year and 12p last month, last share subscription was at 20p, no dilution, drilling in India and west Africa with significantly high grade results, market capital only £4 millions

People needs to read the RNS and do some research, 12p to 15p easy today

Significantly high grade results, drilling in India and Africa, it seems to me going to multibag today, share price was 25p in January and 12p last month

Significant drill results have been returned from the Somika Hill, Kaga Vein, Bido Vein and Somika Hill East targets including:

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·    Somika Hill:                        10m at 0.52 grammes per tonne ("g/t") gold ("Au") from 11 metres ("m")

including 2m at 1.61g/t Au from 13m

3m at 1.03g/t Au from 36m

6m at 1.04g/t Au from 82m including 1m at 4.98g/t Au from 86m

2m at 3.00g/t Au from 77m

This guy must go for the long term holders sake, next is consolidation maybe

How many time did he use the word “Fully Funded” in last one year?

It depends on the JORC

Value there but crazy spread, Besides having 180 screen The Company announced on 17 February 2018 that it had conditionally agreed to acquire the entire issued share capital of GVCHL, the consideration for which is an aggregate value of the Pound Sterling equivalent of approximately $16 million to be satisfied by the issue and allotment of Ordinary Shares in Simian (new name GVMH)

https://m.marketscreener.com/SIMIAN-GLOBAL-PLC-33339420/news/Simian-Global-Update-on-Acquisition-26731575/

The bid went to 60p and ask at 80p at some point, I was watching, then they moved the bid back to 30p again, it seems they want to put off buyers! Don’t know what’s the actual sell price but tried dummy buy before close for £500 goes to nt and £200 exactly 80p, crazy!

Isn’t far

Only if you want to invest gambling money lol, few years ago one of the Chinese stock with 100% spread did 200 times in a week! Forgot it’s name. This one has few things going on including cinema hall etc and recent £16 millions acquisition. But the spread is a serious put off, it seems they don’t want us to buy.

http://www.gvmh.co.uk/index.php?fi=About%20Us

Crazy stock, did some reading now, they made a £16 millions acquisition, I will keep my eye on it, if I get 50p it’s worth sticking couple of £k

http://www.gvmh.co.uk
Wanted to buy £500 for fun but they want 80p! Should’ve bought under 50p

As far as I know they made a £16 million acquisition and had a reverse takeover with name change

https://m.marketscreener.com/SIMIAN-GLOBAL-PLC-33339420/news/Simian-Global-Update-on-Acquisition-26731575/

Good post mate, once people realise the value, they will pile in here

How do you justify 35p NAV with weak exchange rate currently valued at 6p?

Assets valued at 35p, Current portfolio cash investment value around £200 million! That excludes revenue and tangible assets, current market capital only £39 million, sp 5.70p, it did test 9p last week on finance news.

https://www.iiplc.com/portfolio/current-portfolio/