Member Info for DeathStranding

Share price certainly doesn't reflect any "behind the scenes" talks. Just the usual speculative BS.

Placing coming.

30 Nov 2023 they had EUR 262,228 in cash, receivables of EUR 264,096.

Opex was EUR 344k for 6 months but they now have the full burden of expenses post Demir exit. Demir may have left some cash in the pot, hard to say. But with the Conroy family salaries, large board and advisers the coffers must be approaching empty.

Think you'll find it's very simple and she represents herself. Anything other than that would have been disclosed. I understand JVs just fine thank you. In this case, there isn't one.

She doesn't work for Barrick or Reunion any longer. She has not been sent by Barrick. Speculative BS.

Market disagrees. The Demir JV valued the project at €25m. The CGNR share price now values it at €4m. Value slashed due to poor results and Demir exit. Let's see what valuation the placing is done at - that'll tell you where investors are at with this.

Took longer than I thought, and I thought the placing would be at 7.5p but it now looks like it could be done lower than that.

Guess that's it settled then, if the prof says so. Even though you can't name one of these many large mines.

when you say this "mining district" has "seen plenty of mines" perhaps you could comment on how many mines in total and how many were open pit gold mines using cyanide processing and producing ****nic waste and tailings? this is not a modern mining district.

the decisions later this year around dalradian gold will be very instructive. underground mine, no cyanide, still very uncertain.

Demir apparently disagreed. And as you told me time and time again, they had access to all the data and had experts working on it.

The path is clear. Restate the resource estimate using all the infill and stepout drilling dome since 2017. Put out an updated PEA. Let investors know the current economic position of the company's primary asset.

Great if you have gold bars locked in a vault grading 999,999.9 g/t. But you don't. You've got gold locked in As-pyrite within millions of tonnes of rock under fields in Ireland, which grades 2 g/t, surrounded by even more millions of tonnes of barren rock which has to be moved.

At the last count, and according to the company's website, that gold was worth $72 million.

Yet of insufficient interest for Demir to continue investing, and general investors also disinterested. Those sneaky major gold miners.

So fairview are you saying the professor negotiated a bum deal and needs help?

Goldbug, 0.5Moz at Clontibret is not worth $1bn, not even close.

Why would anyone believe a professor of physiology that there will be mines? Just give us a study and an investment case.

It is not a quarry. It is a hole in the ground plus process plant plus waste dumps plus tailings. All for very little financial return.

Price approaching 7.5p - as predicted.

Yet they went with Demir, a previously unheard of company with no operations outside of Turkey.....

Noone is going to put proper money into this before the Dalradian decision. If they get knocked back, it's all over.

If you spent your time checking facts rather than hurling insults you might find that no matter what cut-off grade you use, there is not 1 million ounces at Clontibret. This is what the company reports.

Fairview trying to make a point but completely missing it. The Clontibret resource is reported already at a 1 g/t cutoff. It is 517,000 ounces. The first round of Demir drilling was stepout and came up with very little. Therefore how are more ounces above cutoff "likely"?? A director belief statement is valued by the market at zero. Put it in a JORC compliant announcement, independently estimated, then we will see. Until then.....