Member Info for Gallmat

It's just a positive sign that things are moving in the right direction.

One obvious reason for the timing is bonuses come in jan paypacket.

It is not unusual to see people divert excess funds into investments in Feb.

Agree.

The rest of the management team already are taking shares to keep cash requirements down.

The article just explained our tech. The guys from cyclic materials (long loop) were saying they think their tech is superior because they go back to each element so their output can be used for non magnet uses.

What they failed to mention is ours is probably cheaper, more energy efficient ( and that we are developing long loop!)

One thing is they are going to 600t this year and building out into usa this year. Clearly there is demand and we need to lock in our feedstock.

This company raised 50m usd in a series B. I would love to see us be as aggressive and have always be interested in a usa listing for our recycling as well.

The measured, go slower due to capital constraints approach I think does not work here.

When you have a new technology and strategic advantage you need to go hard.

Hopefully the SPAC and some grants are the start of our inflection point. I hope to see a much more aggressive attitude going forward.

https://cyclicmaterials.earth/

Type remove paywalls .com into Google.

Slap in the url.

Probably best to know how to view it than me pasting it

Can we just stick to facts and stop mud slinging.

Does it help anyone learn or make money?

We are covered in ft. Also includes the most advanced long loop recycler. I believe they are private with a 300m+ usd valuation.

These guys raised 50m usd in a series B, I feel we need to be equally aggressive

https://www.ft.com/content/dd540dc0-1ac2-43d4-90a6-59fcbbd2d946

Can we not bother with this. The Board just goes to %^&*. Let's try and keep it clean

My posting history has detail of the value I see and rational for it

It was for illustration only, responding to riders comment

Having watched the video of the chair I was left with the idea of a man interested in "legacy"

Our chair made a big step to become an arbitrator and could have taken the simple route to go back to work in finance, but he made a principalled stand not to do so, as it was "inappropriate".

I also considered his comments about the need for transparency in appointments (his personal efforts to facilitate this) , the need to develop new talent ( not award him work) and to promote diversity.

He also openly stated negatives about the arbitration process, that it should be faster, less document driven and more efficient. He is willing to criticise his own industry and be outspoken!

This does not sound like a man interested in the easy route, or just being paid for his work. I think he sees the world more widely, and embraces his role as a statesman for the arbitration process. His experience makes him influential in these circles and his status is of the upmost importance.

So while some check win ratios of state vs investor, or the percentage he awards I did not.

I feel that a panel lead by this chair will give us all we asked for. A fair hearing, something we have been denied for over a decade.

I believe any claim we submit will be rational as we will defend it In court. And further that any reduction of the claim for the award will be fact based and rational. The chair wrote laws for the securities commission. He is supremely experienced in financial decisions and details.

If he awards us less than the claim I think it will.be for valid reasons. I also believe that anyone looking at bhukia even with very very conservative eyes would see something much higher than our market cap.

That is my rant on the panel. Our legal team being ranked no 1 globally for arbitration..Well nothing more you can say really. Peer review is the strongest endorsement.

If you read the cases of our chair and arbitrator ( and other cases) Chorzów comes up alot. It really comes down to how they interpret what is the best way to compensate us.

I hope the auction shows the project is sufficiently advanced to warrant a dcf/royalty. After all companies with multi usd billion market caps we're able to assess the project and bid. If it was too early stage they could not have done that.

I also think that our case has wider implications for arbitration and BIT enforcement globally.

Our project is one of the most significant gold finds in the last 10 years.

If this project is too speculative to have dcf, nearly all other deposits ( with lower grade and scale) would be deemed speculative by the precedent.

The message would be a green light for governments to expropriate. When investors find a good deposit, you limit their drilling and then say because they did not drill enough their claim is not certain for large compensation.

If DCF is not allowed a terrible narrative will be set, which will be set in case law. I think the panel we have is so experienced they will be driven to do the right thing.

BIT must protect investors and halting work to allow governments to take deposits and benefit from artificially low compensation needs to be detered.

IMHO, bhukia is important for us but also the law in general

Our panel will see this.

It is actually common sense. The issue is how people think about portfolios.

Everyone should allocate 1pct of the portfolio to something that could 10x with even a 50pct chance.

If you loose it is irrelevant in aggregate but if you win it significantly improves your performance.

If people viewed this as a trade that is uncorrelated to market variables it clearly improves alpha

That is too optimistic for me :)

De grey went for 3bn usd with lots of cash on the balance sheet.

Just a decent number over 1bn is all I want.

When we get SOC i really need some methodology indication.

If people understand the calculation is referencing the gold price and its nature ( NPV/royalty/comparable) it will really help investors understand how realistic our claim is and how to make Conservative evaluations.

Good to see volume here, still waiting patiently for what we need

Lol

Am I over complicating it. Should I just buy a gold producer

I think TA is great for capturing the hot flows and cooling off.

I find it hard to use any prediction of where the share price might go. The past highs were driven by spikes in rare earth prices and are pretty irrelevant.

Where we go from now will be driven by, SPAC, grants and proving the tech.

Gold at 2900. Fingers crossed we stay at this level.

China has resumed purchases and also allowed insurance companies to invest in gold.

Fingers crossed our claim is referencing the current gold price. Huge implied operating margins or royalties at the current price.

I continue to believe a reasonable person would agree that if we had the license we would have easily developed a mine and be making substantial profits at the current prices.

All the GSI did was drill around our discovery and high priority targets, clearly we would have done the same and found what they found. Infill and strike extension drilling is exploration 101.

https://www.bloomberg.com/news/articles/2025-02-10/china-frees-possible-27-billion-from-insurers-to-invest-in-gold

Ionic have said q1 for uk grant news a few times.

I am hoping usa, eu and uk coordinate and we get a flurry of news. Given the MSP, is supposed to demonstrate partnership you could imagine it happening in one go to show they are all moving in line together

The real money will come when we show the operational metrics of recycling business. Each agreement will then be priced as a profit center. Today the SP gives them no credit.

Looking forward to showing the costs we can aquire scrap and the sale price. Initial volume is less important to me.