Member Info for foolsgold07

This week should hopefully be so much clearer once the above drops plus some news on jv loi.

I have just set up an account on gs20 exchange appears to be fully operational for trading

Current mcap ia around 16..17m with 890m

Shares issued..so 30m should be achievable

Yes we are fully funded now until either production reaches levels where we are cash flow positive from ggs enhancements or the jv kicks in.

840 million shares will be in issue from 10th October ...with additional bond holders likely to convert the 1billion share levels are on the horizon...expect a possible share consolidation which maybe driven by the jv partner to ensure some share price stability.

Agree this is the latest elephant in the room that now remains...and would constitute the final nail in the coffin for shareholders

The resolution for consolidation was put forward in previous rns to shareholders and voted on.

Acceptance to consolidate at some point was a validated resolution.

The timing of this is with directors.

In the last 2 years the company have raised 5m

And 4.5m for years 2021 & 2022..the question is will they again raise in Sept or Oct 2023..and if so at what price ...the share is currently on its knees.

House brokers are somewhat irrelevant...they are paid by their client

Last year it came our on the 16th August 2022..

We should be receiving the quarters results soon..

So should be a heavy news period this month.

Mcap is now approximately 18m with 696,000,000 shares in issue.

Let's all hope for a stonking operations update in the next few days.

Even allowing for bond holder conversions we can expect a market cap in excess of 50m in the short to medium term ...at least 300% from here..

Not all placings need to be at a discounted price.

This is a highly sought after sector and with the rest of 2023/24 we should see a large scaling up new contracts..they already have a proven product ...one BLUE chip contract and we found easily be multiples of where we are now.

Just wish lse could improve their accuracy shares issue are 680m not 547m..so market cap is wrong as well..

The market cap of the business is currently trading within the range of 10/11m...the additional shares have not been added...currently showing 547m but now trading at 680m...

With bondholders conversions weekly and with the market cap staying at around 10/11M EXPECT

the share price to continue is movement downwards until we get next operations and productivity updates around the 1st week of August.

Of course any positive jv news between now and then could rapidly change events

Mcap is around 11m with 680m shares ..

The shares issued are 547m...should read 680m..

So market cap is distorted on lse.

Wish they would update issued shares now 608..

Not 547..

No with the company via a simple email request.