Member Info for Fr.Jack.Hackett

That's the conformation

yes - convinced me to !! - totally !

;)

Mr HarChris,

You have absolutely no evidence they are not !

Based on the number of 500K sells - over the weeks (pointed out by posters here) - it appears more organised rather than coincident. IF organised - then it does SUGGEST that it is one or more major shareholders (also suggest foreign owned as their declaration thresholds set at 5%).

As per the courts of law - beyond reasonable doubt is enough to convict. I have discussed this with Father Ted and Dougal - and they confirm.

- with those two intellectuals giving their verdict - it must be true (beyond reasonable doubt).

There's a lot of positive posters for GRL on here - and generally I would consider myself as one as well - giving a lot of space to the RNSs when issued and wishing good success to the operations.

Generally PI only source of information from AIM companies is by RNS. This is an extremely important source of information especially where the activity is taking place far away and nobody can really monitor (such as by looking over the fence - or seeing number of trucks coming and going).

The statement from Mr Invest, "It's just a question of whether you believe in BoD. . . ", should be posted on the start-up screen/home-page of every BoD of GRL on their personal computers/Phones - to indicate their responsibilities for providing information extend further than Paracale, AIM & Nguvu - of which one or more of these entities are offloading but have not passed yet a threshold (5%) for reporting - but they know what's happening daily - and probably have their own personnel at the plant to report.

Possibly - the drop in SP is directly related to the longer timeframe before the COMPANY can release an RNS stated "record gold pour. . . ".

- if any truth in this - expect lower SP by-the-day and really consider if the company issued RNSs are truthful as production may well be slowing down . Suggest they need to be higher than 522oz to confirm record gold pour (and they now had 2 months). I would consider 598.9 as the target - but they never stated they achieved a gold pour - they stated equivalent - so wonder if this number is also added into the next gold pour.

lots of smoke - many mirrors - ONLY GRL can confirm.

Mr HarChris,

I wish you well in your investment - and from the data from GRL (excluding the catchphrases mentioned earlier) including site information and photos available (and ignoring lack of Resources/Reserves data) this does look like there is a pot of gold (or dore) at the end of the rainbow. Suggest the issues are: i) that rainbow is not near - may require a bit of time - maybe more months or even quarters than expecting, ii) lack of R&R data from GRL and no intention of posting (lots of rhetoric but no action) .

Its either a concern or a bargain - a listed company offering revenue 4xMCAP and possible EBITA of 2xMCAP (based on GRL current low goal of AISC $1500).

Mr H-5-0,

"I find it hard to believe that she would say this and then not deliver" - its called catch phrase, similar to her "Ramping Up" - she loves it - been saying it as long as Del-boys saying "next year we'll be. . . ".

As for " ignore the naysayers", ! there are none. It is the BofD who cannot do tomorrow what they said they do yesterday. Just read the RNS over 2022 and now since November 2024 onwards. Its pure comedy - add in a Uncle Albert and you got a scream. Its gotta be comedy - otherwise it is total incompetence.

Everyone can choose the preferred option on what to believe: example:

Based on recent video link below (50 seconds in) - a nice 68% recovery - is a good recovery figure !! Emma's words

Taken from RNS 25-March-22: " in situ test work indicating that the leach recovery of 82% will be achieved over a 12-month period", Emma's words.

Suggesting they are happy with 68% and the 82% was always considered a sac of dangly things.

https://youtu.be/BVhVrgPbSJk?si=iUXcneqk5OqpPkcw

Based on the markets are still waiting for GRL to achieve the monthly production figures stated from January - I think the company is considered obliged to provide monthly feedback on production until they achieve the 1000oz a month plus the performance rewards management have set themselves 1) AISC at $1500 for 3 consecutive months, 2) 650oz/month for 3 consecutive months. When all the above has been achieved - then can go to quarterly production figures and revenue.

And I don't like overpromising and under deliver, or under promising and overdeliver. I just like them to provide what they consider realistic achievable targets - rather than the GRL theory of not promising and not delivering.

Mr ID78,

Your post . ". .I just know some will cry foul play, or bash the company. . . ", is inline with the issue I raised 20 Apr 2025 18:34, the defence of the GRL board is being made by PI (or possible PI/poster here) rather than the GRL board. As stated then - I don't want to criticise or stop such justification from posters - just want the GRL board to be accountable.

Lets be free and open to announce criticism towards the company - its up to the GRL board to defend themselves. If its unwarranted - then I am sure posters here will let them know - but I would suggest most/all is definitely warranted as the company is not achieving even 1/2 of what they say they said they do - and we nearly 5 months later than they said they do it.

If they have an issue - let the market know.

Does anyone here have a job that allows this level of performance unachievement and lack of regard to accountability ? only rhetorical !!

The video link to this thread - appears to indicate (from EP herself) 400oz/month + is what is expected (with the inevitable reference to 1000oz soon sometime very maybe shortly in the future sometime in later few months soon next half in months time sometime 2nd quarter in the future after next full blue harvest moon).

Unfortunately - I am not expecting any extra shares to be issued soon for the GRL board share incentive scheme based on their (already low) performance targets they have set themselves - surly if the March/April news was good - there'd be more from John Meyer than - "yeah, things are going well" in the tone he said it.

If you have high expectations - you may be disappointed, if you have low expectations you may also be disappointed. Have no expectation - and maybe you'll be surprised !!

also don't forget the asian investment management services limited who, thanks to grl's bofd skill and wizardry now own over 240m shares of grl shares (but oddly - it's still only about 25% of the company).

what's more - grl still owe them 2266oz (for the original 2000oz or-- $3m -- gold loan) - rns 28 mar 2025. - and they have already paid over 675oz gold in interest (on the 30-sept 22) - the way its going - give them another few years - and they'll own majority of the shares - acquired by interest conversions on a 2000oz gold loan. i understand the interest is still ticking even during the standstill period.

dennis bergkamp signing for ****nal was considered by many an absolute coup, this gold loan is the equivalent of ann widdecombe signing for them instead.

"emma's been around too", not sure how many times she passes go and picks up £200 before being made bankrupt !!!

oh - and one additional bit of good negotiation from grl - rns 20 sep 2021: ". . . the company retains the right to repay the gold loan early without penalty. . . ", - thats handy - will remember that - won't give anyone nightmares, - not so was it for thierry henry and the other ****nal players when their new summer signing joins them all in the shower with a soapy loofah!

I notice a lot of suggestion and information regards possible reasons/justification for lack of progress with production figures provided from Pi's,

typical - Mr 1nvest below - just stating . . ". . they were finishing in pit 2 with lower grades this could lead to delays. . ".

All this is good information from the effort of the Pi's - and don't want to stop or hinder such interaction - as this is why many read these pages.

Many also would expect GRL should be capable of supplying such accurate statements in their RNS - and explain why none of the recent production has met their targets (and nearly 50% off). They still lead everyone around with the sniff of 1000oz/month happening now in next RNS - the share price indicates the markets think otherwise.

Some say the company MCAP is undervalued - it probably is based on the production figures they say they shall be hitting - but they're not hitting them !! and - their own released figures - it's not even clear if MONTHLY PRODUCTION is increasing or reducing.

If it is unclear - then probably correct to use the worst figures.

I think Scooby and Scrappy-Doo can achieve the performance incentive criteria the BofD have set themselves. Also - they work for scooby-snacks (saves paying the board members).

Mr Rover62 - maybe reconsider how you calculate revenue - it appears to be profit before tax you're using to evaluate MCAP.

- not disagreeing with the calculation - just use of the word revenue.

i am sure if the bofd give more than a nats-**** for pi then they shall rns immediately stating clearly any issues.

if they only care about the likes of list and trew and others with similar holdings (who already know the implications) - mabe they rns at the end of trading.

Suspect many are waiting production update from GRL before the easter break.

If GRL received 1 oz of gold each time "ramp-up" or "on track" or "increase production" or "upward production trajectory" or "record gold pour" is used in the RNSs- they be well past their target.

If another large trade passes through at close of trading again -it may suggest someone is in the know.

. . . Just wonder - if they opt for the dividends route or share buy-back if ever this management finally manages the finances

Mr Herman,

Back on the 24 May 2024 - the share price was at 0.6p, based on 656m shares so MCAP approx. 4m

MCAP now approx. 11m -SP about 1.2p

THX SP today 32p, 8th Aug = 13.25p

It appears already following THX example.

Lots of talk of dore and gold today.

One item to ensure the BoD do not water down - the management incentives (which are already set at extremely low levels) which are all based on gold and not dore - the company appear to be already reducing their performance targets (referring dore now rather than gold).

RNS dated 1 Aug 24: 1) 650oz/gold month - per month for 3 months, 2) AIS production C - US$1500/oz gold - per month for 3 consecutive months.

Some on here would agree such rewards for performance levels much below what this company should be achieving sums up the share price.

If anyone disagrees or requires further info - please refer to: 1) Presentation given in Q3 2022 and previous RNSs.

Mr Legalwolf,

"I’m a newbie here", well check out:

1) RNS dated 04 Jan 2022 -- 2) RNS dated 25 March 2022 -- 3) RNS dated 30 June 2022 -- 4) RNS dated 30 Sept 2022 --

5) RNS dated 30 Dec 2022.

But please be warned - for some these are Certificate 18+ reading only - but to others they are Certificate U classic comedies - but only if read in correct order - they are not Poirot novels where you can go straight to last page.

". . . and hit it with decent capital to access the good grade at depth and do it justice. . . "

- suspect not many would trust present BoD to be in charge of such a task.

I suspect many SH would be happy for existing management to continue in progressing expanding the existing operation - and when all in control - and if future revenue allows - maybe using future excess profit (if available) to buy-back a few of the 450 million shares they have added - and after that - maybe even pay dividends. Allowing this management team to take further financial decisions to raise capital (increase debt) for future development - as Mrs T often said - no, no, no !

Mr CBax,

Accountancy wise - it is that easy.

Management wise - that's the issue - and all within the control of the BoD.

- who award themselves for delivering 1/4 of what they say at twice the cost in 4 times the timeframe.

- with management like this - who needs Harry Enfield !