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Nibj- But agree that near 30m volume on a quite, 4 day week is highly impressive..

Only 3 more sleeps until the FMF, and potentially company defining news…

Nibj- There was a 9m trade(probably shard), the rest of the volume was in smaller batches(MM facilitation/PI’s)(I also have been buying, as have you!).

The 2nd tranche has obviously been completed. Hopefully there won’t be a need to activate the 3rd tranche.

Anyway all shall soon be revealed, I’ve personally made my bed, and now I shall lay..

Gla.

My BUY 80,462 is finally showing..

Gla

Of a day.

First we get the “excellent news” that Glencore are gonna roll the loan(thus avoiding any dilution), tellingly only rolling it for 3 months(because we will be funded/bought out in that timeframe).

HOW THE HECK ARE WE NOT FLYING, is beyond me!!

After 13years of inaction, looks a sure bet everything is gonna hit this quarter.

I’m with Ex, time to ruin some family/friendships..and tell everyone you know LOAD UP ON ZIOC..90 day countdown(max) has begun!

WBLA(won’t be long all).

Now bear- I don’t want to get shot down in flames…

Based on how we have performed in 2023..finishing the year x3 higher with a spike to x6, then 10.5p works out at closing 2024 @ 31.5p, with a spike to 63p..

HOWEVER I think the real money will be made in 2025..£2-5(lots of variables, hence the wide margin)

Again just my 2 bob.

Gla & A happy new year for us all.

I think the Saudis(Chinese) will loan(fund) the $600-800m/$1bn+ needed to get us to stage 1(i personally think the new stage 1 is 30mt, and new stage 2 will be 60mt), and accept 20% equity (interest) as risk/reward.

That way the share price rockets without dilution, and Glencore, Elphick, Everitt, the strategic partner(China/saudi/I don’t care), and even US the PI’s win…!

Just my 2 bob.

Gla.

So if the board are to continue to keep to the timetable ,from tomorrow until years end there’s 2&1/2 days to RNS the updated costings & the loan arrangements with Glencore before year end.

Expecting a news heavy last few days of 2023 then?

Gla.

Vet- Your question on how much WE get, is & has always been the ONLY question that matters.

I’ve always thought of it in terms of

“At what stage do we(the PI’s get thrown off the train”?

Probably the day before first pour, the good news is the Market cap will be in the billions at that point.

AIMO.

Merry Christmas to one & all.

One & all,

Have a great one.

MCA.

Smur-That’s a hell of a gap in your posting history!!

Your holding should make you “comfortable for life” within 12 months, at the rate things are moving here!!

Gla.

Again.

Gla

I like announcing my holding to “ a bunch of aliases on a BB”, and you like arguing with “ a bunch of aliases on a BB”.

Each to their own.

Gl eddsy & all.

But I bought back in here today!

I previously bought in sub 7p, to go on to sell at 12-14p range(still find it hard to forgive myself)!

Gla.

Nibj- don’t worry I’m sure you’ve got more than me..5.3m(ish)

I added 186272 today.

Ed- jealousy is not an adhering trait(you could check back to see in the spring/summer 2022 I was adding millions, whilst you were to afraid too!

Gla.

All aboard!!

I’ve made my final top up just now.

Gla.

Ps thanks 4 sharing Marcus.

Of an update before years end.

Gla.

I bought in here only for Anza, it alone with me worth money most on here can’t fathom.

Good to hear there’s activity there.

And before any of the “negative merchants” come spinning their spin…I don’t care I can wait(the gold bull has only just begun)!

Gla Holders.

Great research Ex,

Gl one & all.

Jiv-Well the loan to Glen is due in 13 days!

Or maybe Marty’s signing on fee!!

Surprised we didn’t get a RNS today covering the outstanding loan/new costings..maybe after close, or tomorrow morning pre-AGM?

Looks like shard having begun placing this morning.

Gla.

Ex- your (b) is basically what I see happening, without the (a) part happening.

It is unlikely a strategic investor will pay £5 p/s when we are currently priced at 8p!..I appreciate they couldn’t get a sizeable holding by attempting to buy in the open market, without the sp potentially going to £5, but still the gap between 8p, and. £5 is to great for new shares to be placed at anything like £5.

So before (b) I envision-

Glen underwriting X(upto 400m)(in line with proposal GM agenda 8/9/10) new shares @ £ X = raising £ X (Glens holding goes to 60%+)

Then we go to a strategic partner (financial/investment bank)

The bank(Chinese/PIF/Manara Minerals/whoever) want a slice(as per your suggestion)(15%-20%)(probably on similar terms Glen just increased their holding at).

So make loan with interest payments paid in equity =fully funded for stage1.

Result= Glen+Bank+Elphick+friends=90%+=forced buyout of PI’s(through Glen shares/cash/mouth being stuffed with gold!)

*(assuming stage 1 costs @$1.8bn after new costings(20% savings).

* it is in Glens interest to place at higher price(close to EPC)as to keep control of the project/not be diluted by a investor(they also know better than anyone true value/potential)(there’s a reason they have held on so tightly all these years!).

*banks like you to have skin the game(deposit)

*banks like skin in the game(interest paid in equity)

* all this could happen quickly, or conclude 2025

Maybe the Glen increasing holding+ strategic partner happens at the same time.

As previously stated this is a very complex scenario, with lots of variables, but I think me, you , and jiving are not a million miles apart?

This time is for REAL.

I think the outcome results in us all having a good few drinks together in the not to distant future in Abergele, or any venue that suits!!

Gla