Yes it's imperative they move fast to demonstrate what they have at Clontibret. I find it hard to believe that hasn't been made very clear to them in the latest investment.
These new North American investors are going to want to see real progress over the next few months. The time for talking about the potential is over. I think there is considerable upside from here or they would have been demanding a big discount on the shares.
Realistically 17p would only be the start. The new investors must have discussed a very specific work programme with cgnr. There's no way they are going to put money in just to watch it dwindle away. I am expecting strong news flow over the coming months. I don't understand why they are sub 10p.
Still seems to be a total lack of interest in this. Hundreds of posts a day on some shares. Barely a thing here. Must be all the years of let downs, the disaster JV partner etc.
For context it's not a high valuation. It's only a high valuation because the company became almost worthless. This company has been a total disaster for long term shareholders. In fact there is little hope for long term shareholders of ever getting their money back. The consolation is that there might actually be some progress now.
Potential here is great if they actually did something other than talking. Expand the Clontibret footprint. Test for depth extension. Gold looks like it's heading to $4000.
RE: Brief plug on The Sunday Roast22 Sep 2025 13:13
If they confirm £1.5m raised at 10p this week from American investors that is a big sign in my opinion. They're not going t buy at 10p unless they think it's worth a lot more.
I believe that Professor Conroy was fond of a story about a zinc discovery he made and nobody being interested until North American investors arrived. Hopefully a similar thing will apply this time.