Member Info for Early_Bird

The long awaited DFS due, lets see those numbers

for me it is given we have the almight DFS due imminently here, ACP unaffected by covid19 as per their update.

See this back to 4p and beyond on DFS, I wonder how financing is progressing too ;)

A: "What about funding?"

E:"When you open up a mine just 6km from the worlds biggest gold mine,you have every major bank chasing after you with funding and let's not forget we have two very supportive major shareholders"

https://www.youtube.com/watch?v=CijEkSr8Z0Y&feature=emb_logo

should read "non dilutive financing"

agree this has all the ingredients of a 10bagger

company has raised funds through on dilutive financing to get them in to production.
Because of that there is 0 overhang on the book, really hard to get a quote to buy anything.

Soon the company will be throwing off £10million *profit* per anum on their initial phase one production which is nearly double the current Mcap alone! Let alone the exploration upside here is off the chart given the postcode... GGP style rise is coming here in due course

.. yet they try and drop the bid! Stretchum what are you getting quoted??

Tells me MMs have no stock, trying dirty tactics to shake people out by the false bid drop

totally bizarre... challenges that face SRB atm are no different to any other Gold mine out there

MMs showing a total false market at the moment!

This has to be one of the biggest no brainers out there atm at this price given its funded in to 2021, has a huge near term catalyst (DFS next month) and debt financing is advanced.

Agree. For me given the last two updates this company is at a huge turning point, getting permit and financing for production has been years in the making... these advances are in no way reflected in this current SP.

just so happens that gold price is looking rather fantastic too!

Haha no worries mate I enjoy your posting.. only two of us on here so its good for morale! Just that some I know get frustrated by endless commentary on price.

I think we have picked a wee gem here

To me looks like someone being margin called today.

Gold is looking fantastic

Great recap here https://www.youtube.com/watch?v=RvjZvxHGGbc

you don't half ramp do you mate!

Chill this is just the start... I always think these BBs are best for sharing research. Price action although is nice is just the start of a journey here

don't see any risk really. They have $5m cash after repaying all debt

Gold price is flying they'll be churning huge cashflow here

risk is closure for a few weeks but that wont really have much impact

""The cash position of the Company at the end of March will be very similar to the Company’s internal forecasts as a result of the benefits derived from the improved gold price ""

certainly doesn't warrant 25% drop given gold price!

Been buying

indeed upside potential is mind boggling, 6km from the worlds largest gold mine!

there is a reason 50% of this company is owned by industry experts! They know where this is going.

for me here currently is north of 5p given GRL will be producing this year, profit of nearly double the Mcap each year for just the start up!

Then the real upside comes from the postcode GRL are sitting on, one of the best on the planet for Gold it wouldn't surprise me to see the neighbouring mine gobble us up after next round of drilling here

More incoming. like the upcoming catalyst CEO in last interview said hopeful NXP002 Japan deal completes Q1 and will be transformational to company.

So have all my stocks apart from this one... reputable companies have put out updates to reassure holders on their current situation... here we are left in the dark and sitting on near 70% loss in the matter of a few weeks.