Member Info for chattty

All the borders are shut, all State Institutions closed so how can any export/import business be achieved ?

The closure of business means zero income for WBI as the army will eventually seize/control all assets

WBI faces eventual closure it is no longer a term recovery situation.

WBI still owes circa $5 million after the June fund raise and has to settle with Sydbank by 29th DEC.,

It had a tight cash runway for the next 10 months BUT now Sydbank will want most of that.

Suggest those who find the word closure difficult to understand research into the situation.

If a poster is being disruptive just hit the Report Post icon and write disruptive eventually the poster concerned will be banned.

The Company notes this morning's share price movement and the recent reports of government instability in Gabon;-

LIBREVILLE, Aug 30 (Reuters) - A group of senior military officers in Gabon claimed they had seized power in the early hours of Wednesday, minutes after the Central African state's election body announced that President Ali Bongo had won a third term.

The officers said on television channel Gabon 24 that they represented all Gabonese security and defence forces. They said the election results were cancelled, all borders were closed until further notice and state institutions were dissolved.

Best consider what will happen to the sp as there will be little to no income and it will take some considerable time for things to calm down.

So work forces and every outsider will seek safety elsewhere due to the violence that will be taking place.

Cash flow will be severely impacted.

Make your own minds up but I would not touch this share as it can only go one way.

Ignoring the ignorant posts the questions are will the sp breach a £1.00p ps as the news events come closer, once breached will it run forwards and invite investors suffering from FOMO to invest?

Interesting times ahead .

If it does start to run will it keep running ?

Using a platform is somewhat slower and far cheaper than using a broker for obvious reasons .

It is rare to experience a delay in trading this or for that matter other stocks when using a broker and rarely any delay on a platform.

So around 700 trades so far today and over time the number of trades varies in reasonable numbers to drive the sp up and down as the MMs see fit in the market demand or otherwise pricing policies and some chumps are suggesting that a couple of PD crews are controlling the sp for there own continual gain.

I agree it is easy to orchestrate a single P and D operation apart from that can those chumps explain how the continuation in the sp variable works on the side of PD? when it is obvious that mkt forces control the sp as demonstrated over a considerable time.

Whilst their is no news the sp will continue its gradual drift lower.

News will be in the general form of new contract awards each one of which has a short life span thus making it imperative a consistency of increasing contract awards is maintained, if the consistency of contract awards is slow then the current cash runway will need replenishment faster than can be appreciated although it is noted the replacement (old school)BOD are doing everything to preserve their pay status.

The real value is what investors will pay, my view is consistent with others as this is more transparent than Bitcoin.

its volatility in share price movement is exactly what I am looking for in the amount I am prepared to invest, win or lose.

The doom mongers can continue to spout their views on street corners whilst the invested can enjoy the ups and downs of the sp action in the comfort of seeing exactly where the price is at all times enabling them to add or sell at any time unlike racing.

Looks like the price will drift off towards the 0.12p due to inconsistencies in the companies information delivery to shareholders.

Posts are continually being censored by LSE for expressing a hard hitting opinion about the BOD so the above is the best I can do for the moment!

Looks like the sp is going back to the lows in the 0.12p region again due to the consistent delivery delays and inaccuracies of Bells stated financial expectations .

Of course miracles can happen despite his habits of a lifetime (20 plus years) of removing shareholders funds by self awarded incentives, high pension, pay and world travel whilst the consistent company record of high risk investments and failure to deliver anything of value to shareholders continues.

Means the sp will die away until decent news arrives.

BOD states no profits for 3 years at least .

Now has cash runway but has to keep winning orders at double the existing rate or it will end up doing another cash raise.

Allow what you like but those who paid 25p+ before the collapse will still be somewhat aggrieved.

Nevertheless the sp has fallen as predicted to the low 1p plus area because trust in the companies activities ended as they could only re-finance at 1p ps.

The replacement BOD does nothing for confidence specifically as it still has Tolly the originator machinator of the collapse in place.

Interesting times ahead for those considering investing from the issue point forward.

According to the RNS of 29th March we are basically funded through to end of '23

;-Outlook:

In January 2023, we raised £350,000 new capital via the exercise of outstanding warrants. The cash came from a small group of investors, including directors. Assuming operational success, royalties from the Marsfontein /Thorny River operations are expected to fully fund ongoing activities by end 2023.

The latest news tends to confirm the above statement.

So a placing is doubtful.

I am not allowed to post information that shows the loss of cash and and the failure of expected orders which caused the crash of the company including over ambitious statements by Tolly,nor am I allowed to describe the attrition rate of orders and what it means.

Amazing censorship.

A couple of RNSs indicating IIs are reducing their holdings which shows little faith in this new(old stock) BOD

From the RNS-A live webcast of the analyst meeting can be accessed via ANGLE's Investor Centre page, https://angleplc.com/investor-relations/corporate-presentations/, with Q&A participation reserved for analysts only.

Note they exclude private shareholders when they are the ones who have suffered the most .

I'd call that an insult to their intelligence and a failure of duty of care by the BOD.

Does not augur well for the future.

Suddenly it all becomes a conspiracy to defraud investors.

Nothing but speculation.

If naive investors think it worth buying in now good luck- remember the MMs are dealing with a limited amount of FF so will maximise their profits which is why the price has remained above the proposed 1pps issue.

It is to be noted they have not been granted their Mining Lease yet ,negotiations are ongoing.

From gleaned information the entire grant process for GMETs major PM project subject to certain parameters will take between 9 and 12 months.

GMET will also be applying for a grant for its Lithium project once all the exploration result parameters are in place.

Unusual in that they will have the funding and fast tracking facilities they need for both PM and Lithium project developments without any further dilution,so a substantial enhancement to the sp will begin to slowly take place once this is generally recognised.

It also has 3 further serious projects embracing Gold,Silver and Copper in the background.

Well worth researching.

Also Oliver Friesan CEO of GMET is very approachable-Oliver.friesan@goldenmetalresources.com

As POW has 62% of GMET any uplift in sp will obviously increase POWs base line asset holding value.

Surprising the sp has not responded by moving higher as a decent quantity of diamonds has been uncovered totaling 1481 Carats including between 3 and 5 special high value stones and a huge 24.3 carat poor quality diamond.

No mention of the prices achieved or how they are sold and where they have been sold.

From the RNS:-Thorny River is currently anticipated to go into production during the course of H2 2023.

Chairman, John Teeling, commented: "Mining on Marsfontein is a proof of concept, which is working well. Despite a slow start with equipment and weather issues

the project is delivering better than expected grades and diamond values.

This augurs well for our adjacent Thorny River development which is expected to commence in the latter half of 2023".

So it is a further waiting game for even better news to wake up the sp.