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It looks like the 3 month chart has formed a nice pennant formation. All set for the next upward trend. Let’s GO GO GO!

*correction: it should be striking off of the company.

As a general rule, the Companies House start to take an enforcement interest once a share has been suspended for 6 months. This normally starts with a ‘first gazette’ notification of intended striking off of the share. The company must respond to this notification - they’ll get one sent to their registered office. Providing the company fully cooperates with Companies House, and shows they are preparing audited accounts, the action tends to be stopped. But they are skating on thin ice. Fingers crossed that this Dutch Auction is to provide the finances to allow the auditors to sign off the going concern part of the accounts / clear any debts or other financial issues. Hopefully the rest of the accounts are sorted and ready for filing and publication.

I want to say a huge ‘thank you’ to the well researched posters on here. It’s made the DYOR & DD much easier. The end decision to buy was mine, but greatly helped by others.

Diolch🏴󠁧󠁢󠁷󠁬󠁳󠁿

Lenoman: 😮😮😮😱😱😱😱 That’s not a nice chart to see. Oh man sorry.

Thank F..k something I own is blue!

Trellus Health is up 633% today, following an excellent RNS. Just imagine what the equivalent could do for us.

2:30?

Tiger, that’s a good point tbh. A Dutch Auction does seem a little more complicated than a simple placing. They may well need time to sort the final price and allocations. LUNN seems to have improved the comms out of PPP, so hopefully that’s the reason for not getting a 07:00 RNS. Fingers crossed.

TRUMP takes office on the 20th. Potential for a huge Crypto boom. GST need to be fully in the game as soon as possible. Funds from previous placings have been carefully used. I don’t think this will be any different. News of another company purchase in the coming weeks wouldn’t surprise me at all. And, let’s be honest, integrating the companies already in the group needs to be done as quickly as possible. It all takes money. Short term pain, long term gain.

Sell?

Multiple 100%s… Cough BLU cough cough!

I’ve attached the proposed JORC code standards. This latest update is pending approval. It’s an open and comprehensive standard. Its purpose is to provide accurate data against which investment decisions can be made. A lot of the sampling requirements have already been implemented by ROCK.

I’m not sure if ROCK are going to use the bore holes already sunk by Greek Gov, or drill new ones close to the old. But they will be able to confirm if their new findings match the data already held. Not sure how long it takes the Competent Person to assay and authorise the release of information. Will the company hold this as protected information whilst undertaking negotiations, or release to the market ASAP? How many bore holes will they need before the big players are happy to sign on the line? The big players will have to fulfill internal due diligence procedures before they pay for anything. We know they’re already interested, it’s now about turning interest into commitment.

https://www.jorc.org/docs/Draft_JORC_Code_01Aug2024_readonly.pdf

Good find Sheltie. Pity to have missed the raise so far, but certainly a safe investment to hold.

RNS just released.

May I add, ROCK have been welcomed with open arms by the local Greek community. This makes everything so much easier.

It’s certainly going to be interesting watching Trump deciding what he really wants from Greenland. Its geopolitical importance can’t be overestimated.

Good post StMartins. Just so people know, I didn’t post that as a deramp or anything like that. It was just to remind people of the timeframe ROCK’s CEO has mentioned. More a case of no need to be concerned if an RNS doesn’t come out in the next few weeks.

It’s worth having a re-look at this interview from 14th December. It suggests 1 month till drilling starts. Inferred resources will become Indicated resources. A scoping study will also be undertaken internally. They have planned and costed for 6 months of drilling, but they might not have to redrill all of the holes drilled previously by the Greek Gov.

https://x.com/StockBoxMedia/status/1867917563792941123

5085, thank you, and my apologies. I didn’t realize Allenby had updated following the placing. Thanks for the correction. 👍

Let me get back to you a bit later? But I agree.