Member Info for Coldspy

Bebeto

From RNS

With funding secured from Philoro Global Trading AG and other proposals received for similar non-dilutive financing, we will move quickly to replace the OCIM funds.

I take this to mean multiple options. Let's talk dilution when we get there. He's specifically mentioned non dilutive.
Doesn't say we have another proposal (single) . But other proposals (multiple).

The legal team have got together all the documents that are required for such a deal. They've complete with Philoro and were close with OCIM.

1st one took 7 months doesn't mean next one does.

If they've received proposals for financing they may have done due diligence already and so both sides ready to move faster.
Could be 4 weeks to complete.
Not long to double your money from 0.6p

Apro
He has acknowledged the delay and apologised and stated he will release it ASAP.

Obviously been busy with the OCIM deal.

Let's see when it comes. We already know we had partial shutdowns for upgrades so it's not gonna be blow the roof numbers.

Current spread very tight.

Wonder if those chunky sells cleared our resident seller

No reason for a big drop. 15% or so is probably reasonable.

It's not like the market had tacked on 100% since the news anyway. Market was waiting for confirmation and its not arrived.

What it added on since news is fair enough for the 3.5m cash received.

11m cap for producing miner with 1.3m Oz JORC resources is still ridiculous. Gold in the ground is usually valued at 50 to 75 dollars when buying A license

My sincere apologies. We were not provided timely updates. We were told 31st Dec and we were not told it hadn't arrived. By the 9th January you'd expect to know.
It's a Main Market listed company so you expect it to be more trustworthy than your average AIM shythole.
Saying that I guess your average AIM CEO would have sold the family jewels to get a temp spike.
Given up the deeds on the licence.
Then in cahoots missed operational milestones to let the licence get called in by loanholders.

So we still have Kilimapesa, We have 3.5m cash. We are producing and drilling. Let's see where we settle

Poor news today

However
It's been pulled lowed than before we had the finance deal anyway.. So overdone
We've got the Philoro 3.5m which is a healthy amount of cash

Gold prices still climbing so if we can keep production high we can throw off a lot of cash whilst securing an alternative deal.

Drop overdone and should settle little higher than it was in November. 0.7 0.8p by end of the week

Daily chart is absolutely primed to rocket.

News Tuesday or Wednesday I think. And she'll have a very powerful move up without the constant down pressure

Thank you 1m buyer for the tick

Don't think much available at 0.8p now. 1 or 2 buys should be blue again

Another disappointing day on the cards?

Thanks pokerchips

Look at the cash flying into Polymetals up 30% past few days.

Cash into juniors will follow soon

Where's the laughing emoji

At least I shared a solid funded company.

Not a pump and dump with incoming placement.

I'd be happy to get a good tip on a company I hadn't previously come across

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
1.3m Oz JORC compliant resources - open pit
Expansion of production under way.
Target 24k oz per annum by March to June this year

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
1.3m Oz JORC compliant resources - open pit
Expansion of production under way.
Target 24k oz per annum by March to June this year

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
1.3m Oz JORC compliant resources - open pit
Expansion of production under way.
Target 24k oz per annum by March to June this year

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
1.3m Oz JORC compliant resources - open pit
Expansion of production under way.
Target 24k oz per annum by March to June this year

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
1.3m Oz JORC compliant resources - open pit
Expansion of production under way.
Target 24k oz per annum by March to June this year

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
1.3m Oz JORC compliant resources - open pit
Expansion of production under way.
Target 24k oz per annum by March to June this year

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
Expansion of production under way.

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

With gold flying it's the juniors that go on to outperform on an extended bull run.

GCAT is a producer that's worth putting 10-20% of your gold exposure in . Fully funded with 100% owned mine, own rigs and processing, own lab for testing, etc.
£30m+ spent on mine, $13.5m non dilutive financing secured December.
Expansion of production under way.

Market cap £15m

0.8p to buy currently.

Broker target for year end 4.2p

An interesting story shared by DASUT on the CEY board if anyone wants a peak..