Member Info for chattty

Patience is crucial when anticipating the success of the XF-73 product. Expecting significant overnight returns based on market fluctuations may be overly ambitious. In the realm of pharmaceuticals, it's important to understand that new product success often takes time due to regulatory challenges, clinical trials, and market acceptance.

However, despite the time required, there's an expectation that the stock price (SP) will gradually advance toward the £1 mark. This seems reasonable, especially when considering valuations closing in on £3.00 per share.

ATB

Singhie, Although I understand your point of view this is not the best forum for such discussions as has been demonstrated.

Best stick to your usual O M.

ATB

To close down I Make mistakes so EOE

The grant applications should take a minimum of 6 months to a max of 9 months,a number of different departments have been approached for various grants, bear in mind the complete build out cost of the mine could be in the region of a quarter of a billion dollars.

It's important to note that the timeline for grant applications can vary depending on multiple factors, including the specific grant programs, the complexity of the application, and the review process of the granting institutions. Here's a breakdown of the key points regarding the grant applications for our mining project:

The timeline I mentioned in that grant applications should take a minimum of 6 months to a maximum of 9 months. This is a reasonable estimate, but it can vary. Some grants may have faster review processes, while others may take longer.

It's a good strategy to approach multiple departments or grant programs to secure funding, especially for a significant project like the complete build-out of a mine with a potential cost of a quarter of a billion dollars. Different departments may have different criteria and priorities.

The estimated cost of a quarter of a billion dollars for the mine's build-out is substantial. It's crucial to explore a variety of grant opportunities and consider the possibility of securing multiple grants to cover a portion of or all the project's expenses.

It has to be ensured that the project aligns with the specific criteria and goals of the grant programs they are applying to. Each grant program has its own set of requirements and priorities.

Take into consideration the time required for preparing thorough and completing grant applications which includes gathering all necessary documentation, meeting eligibility criteria, and addressing the grantors' expectations.

Once the grant applications are submitted, they will undergo a review and approval process by the granting institutions. This process can vary in duration, and GMET may well receive feedback or requests for additional information during this stage.

Project Planning: While waiting for grant approvals, it's important to continue planning and preparing for the mining project. This includes project design, environmental assessments, and other necessary steps to ensure that we are ready to proceed once funding is secured.

GMET will have considered In addition to grants, alternative funding sources, such as loans, private investors, or public-private partnerships, to ensure that they have a well-rounded financing strategy for the project.

Keep in mind that grant application timelines and the success of securing grants can be subject to change due to various external factors, so it's important to stay flexible and adapt the funding strategy accordingly.

Oliver and the BOD are on the ball with their mining project and grant applications.

I think that is about it -Once news comes of grant application success along the timelines suggested the sp should move up.

I mak

Yes he is back on Saturday

The Cavendish Broker note was issued in March , which provided some valuation/analysis of Destiny Pharma's prospects. Destiny Pharma has released several RNS updates, which have contributed to the company's sp movement and its overall value.

The management of Destiny Pharma estimated the Net Present Value (NPV) of NTCD-M3 to be approximately $200 million. This is a significant value and suggests the potential of their product.

XF-73 Nasal: XF-73 nasal is another product wholly owned by Destiny Pharma, addressing a larger market($2 Billion). Its value is expected to exceed that of NTCD-M3

The company has appointed Sir Nigel Rudd as the new Chairman, indicating changes in the leadership of the company.

Chris Tovey has since been appointed as the new CEO. He has expressed excitement about progressing the innovative product pipeline and the potential of XF-73.

Destiny Pharma considers XF-73 as Phase 3 ready for both US and European development, based on favorable Phase 2b clinical data and positive endorsements from their Scientific Advisory Board.

The statements made by the management team reflect their optimism and confidence in Destiny Pharma's future prospects, particularly in advancing their product pipeline and delivering value to shareholders. Investors and stakeholders in the company should closely follow developments to see how these plans and statements translate into concrete actions and results for the company.

Candish issue a target price of 267p which usually means on continued good news announcements the sp will creep forwards towards £1.00 plus allowing for early profit takers whilst in the background news of a major deal thrives as it moves forward to fruition probably sending the sp beyond the Cavendish target of 267p value.

This coming week there is an annual general International (ITIA) Tungsten Conference in Japan.

INTERNATIONAL TUNGSTEN INDUSTRY ASSOCIATION

The 36th Annual General Meeting will be held during 16 to 19 October 2023 in Osaka, Japan

Information on tungsten: sources, properties and uses.

Presumably OF will be in attendance ? So at some point news of his visit and the results will be published in terms of contacts etc.,

I don't have access to real-time or future event information, and my knowledge is limited. Therefore, difficult to provide specific details about whether or not OF will be attending

To obtain information about attendees, outcomes, and results of the conference, I recommend checking the ITIA's official website, any press releases or announcements related to the event, or industry-related news sources. These sources are likely to provide updates and insights on the conference, including any notable attendees and key takeaways from the event.

Notes concerning the import of critical minerals into the USA and the potential implications for the Pilot Mountain Project (PM) under GMET.

The stated deadline for the cessation of importing some critical minerals into the USA is set by the DOD for January 2026.

The United States is heavily dependent on foreign sources of critical minerals. Specifically, the United States is import-reliant (imports are greater than 50 percent of annual consumption) for 31 of the 35 minerals designated as critical by the Department of the Interior (DOI).

This deadline may have implications for the Pilot Mountain Project, in that GMET is likely to be using the time factor as a negotiating tool to expedite their various funding applications for the Pilot Mountain Project. They may be trying to capitalize on the urgency created by the impending deadline.

There is a concern that the main suppliers of critical minerals China,Iran etc.,might institute a ban on exports to the USA at any time between now and the stated deadline. This would create a deeper sense of urgency and potentially expedite the development of the Pilot Mountain Project.

The goal appears to be to ensure that the Pilot Mountain Project is in full production as close to the existing time scale as possible. This would require significant support from the USA.GOV to meet the development plans efficiently.

In such a scenario, it is essential for GMET and the relevant authorities to work closely to expedite the project's development and ensure a stable supply of critical minerals to meet the country's needs, especially as there's a looming deadline for cessation of imports. The dynamics of the critical minerals market, supply chain security, and potential geopolitical factors can all play a role in these negotiations and project timelines. It's important to stay informed about any updates and changes in regulations and international trade agreements related to critical minerals.

The collaboration between Oxford Sigma and Golden Metal Resources Plc is a significant step in enabling the fusion community to identify new sustainable tungsten sources in the world.

Without a viable commercial pathway for the supply of tungsten from raw materials to the fusion community, the commercialisation of fusion energy faces significant delays and possible reliance on sources of tungsten. Oxford Sigma’s development of tungsten alloys for fusion energy and focus on producing sustainable fusion materials combined with Golden Metal Resources’ preparedness to provide the fusion community with the tonnage of tungsten required for commercialisation together represent the type of international collaborations necessary for making a global fusion future reality.

Prior to the release of the Podcast I put together the following;-

In general, the construction of a mine is a costly and time-consuming endeavor, often requiring investments in the range of hundreds of millions of dollars and taking around 7 to 8 years to complete. GMET's primary proposal is to expedite the mining process at Pilot Mountain, a project in which they hold 100% ownership. This urgency stems from the limited availability of Tungsten resources in the U.S.

To facilitate this, GMET has initiated the money request grant application process. As mentioned in the June 29th RNS (Regulatory News Service) comments, GMET has commenced applications for select grant programs identified by the company's management team, in collaboration with Mrs. Turkmani, using available funding opportunities.

It's worth noting that some of the grants are applied for through an unsolicited application process, which means GMET cannot disclose the specific grants applied for or predict the timing of potential awards. Nevertheless, securing non-dilutive financial support for the Pilot Mountain project remains a top priority for the company, and they are diligently pursuing these opportunities to maximize their chances of success.

Research suggests the estimated overall construction costs for the mine are in the range of several $100 million. Additionally, the fast-track grant processing is expected to take a minimum of ^ 6 months to a maximum of 9 months.

While the specific U.S. authorities GMET has approached and the types of grants they are seeking are not yet disclosed, it's essential to understand that building a mine with financial support from the U.S. government would significantly reduce the construction timeline, ranging from a minimum of 30 months to a maximum of 42 months. The accessibility of transportation routes, power, and water resources at Pilot Mountain provides a substantial advantage in terms of both time and cost savings.

These grants cover various stages of mine construction, including feasibility studies, engineering design work, and the development of pilot or demonstration facilities, among other activities. GMET's submission is likely in progress for the feasibility study since this input is critical for grant consideration.

Considering the USA's foreign grants related to "Crisis Minerals," there may be a need for GMET to raise a portion of the required funds if the estimated construction costs hold true. However, any such fundraising would likely be a relatively small amount and would only be pursued after successful grant applications have been announced. This strategic approach aims to generate increased interest in the company's various prospects, including the promising developments in copper, which is another exciting aspect of GMET's business due to the continuous stream of positive news in this sector.

It is expected grant applications to aid the development of Lithium and Copper will be applied for as appropriate.

Only an sad Idiot would fail to notice the date and fail to understand opinions change.

Perhaps it failed to notice the date the date the opinion was posted since then the company actually ceased trading whilst it sought out extra funding.

The date was well over 9 months ago and the cash runway was then excellent but rapidly disappeared although since then the company managed to resurrect itself .

The product is good.

Meanwhile the sp will continue to drift unless lifted by news best keep in mind the possibility 25% dilution if intending to invest.

ATB

Regrettably the last poster is showing his ignorance as he has no idea of the reality of events or of my dealing status as it happens I pulled out of the stock with profits which was then on a high when the then BOD stated they were only interested in the IIs and not the PIs.

That statement was a huge red flag hence exit .

Not that any of the above matters.

To ignore the potential of a 25% dilution by not making allowance for that to become reality in ones investment strategy is sheer stupidity.

Have a nice day.

It is exceptionally rare to see a BOD make clear its contempt for shareholders as it reiterates the BOD(old school) are bent on taking the maximum returns out of the company at the expense of shareholders.

This old school BOD are the ones responsible for the initial failure of the business caused by the plans of a megalomaniac creating an overspend of millions and now they have the gaul to initiate this horrendous 25% gift of the company to themselves at virtually zero cost compared with the loss they created.

Giving themselves 25% of the company via dilution is the highest self destructive award to be seen on AIM.

Whilst the threat of the 25% DILUTION resides in the background the share price is not going anywhere of consequence.

By the retention of the main culprits of the company's failure are still on the BOD and in control of the company don't expect anything else but further daylight robbery. Specifically as they have shot the sp in the foot by having the threat of 25% dilution in the background.

Remember each contract is basically short term so renewal of business is essential for their income.

The BOD have taken that simple business strategy as a right to justify their extortionate rewards.

It becomes obvious this company is not one to invest in for the long term due to the continued and expanded contempt of the BOD towards shareholders.

The herd gamblers will on occasion graze on this stock hoping for profits based on news flow

until that happens the sp will continue to fade.

So for short term profit takers only

It is always news that shifts this lowly sp so until a decent announcement is made the sp will languish and drift as impatient Pi's move on to greener pastures.

From the last RNS-

The newly installed government in Gabon has emphasised the need to distribute the country's wealth more evenly than was previously the case, and is making efforts to reassure both local and international businesses of the country's future stability as it seeks to generate additional employment opportunities for its youthful and growing population.

This should be positive for the Company as we seek to engage with the new government and commence our initial large-scale 50,000 hectares afforestation project with all of the resulting long-term benefits that it offers to Gabon. The detailed documentation is being prepared and, although the change in government will cause some delays, we expect to be able to conclude this with the government as soon-as-practicable.

It now looks like the new Military Government have changed the rules of ownership in foreign companies so it appears they will be taking up to a full ~35% stake in the company which is under negotiations now.

Anyone holding a 35% stake in a company means (according to UK listing rules ) that a takeover bid must be made?

The above rule will mean nothing to the new .GOV

It's anyone's guess as regards to the sp IF the above is announced

£60k in shares to Directors fees and two of them have left -

Trade and payables £144k-

Overall Admin £261k

£140k raise - will pay essential costs but little else in terms of exploration.

looks like nowhere to go except down and out.

Agree the MMs were losing too much money therefore in my view can be accused of market manipulation.

That can be seen in the control of the sp parameters over the past week.

I have made a serious complaint ,not to the FCA but elsewhere,unfortunately it will take about 8/12 weeks to be acknowledge,eventually there will be questions asked and I will get an answer as to the validity of my complaint.

RRR has confirmed that other licences are in train; so total acreage should be greater.

The train should be overloaded with all previous Licences what happened to them?

Sp is following its usual pattern after an RNS of getting investors hopes up ( 0.59) then falling away now > 0.53 setting itself to move lower possibly ending up in the 0.44+ area before rising again assuming the next RNS delivers on previous promises.

'You can play around with the numbers as much as like.'

No matter how anyone plays around with any numbers delivered or suggested by anything to do with Mr Bell there is never any profit and never has been for shareholders except of course MR Bell and yourself.

Another price controlled day - if enough buyers keep coming in the mms will have to let it go at some point before it becomes obvious to all and sundry that the MMS are deliberately cleaning up as much profit as possible by deliberately controlling the market.

First time I have ever seen such deliberate price action .