Member Info for Gloucester10

Wouldn't think so as they raised £2million back in July. Even at Pricey and the rest of the Bod's salary levels it would take longer than a month to burn through that. GLA

Rinse repeat.

Rinse repeat I fear. GLA

Up or down?

10x - they burned the last £4m in a year. How long will 600k last with mgmt team on 50% of that per annum. If they committed to zero salary for the foreseeable it would have shown real intent rather than a paltry offering of 5% salary sacrifice for cheap shares.

Don’t worry I don’t do ‘told you so’ nonsense as it doesn’t help anyone . I honestly wish you the best but just flagging the data points to help people’s decision making. I just see too much hopium in this share to hang on. Even if a share is cheap doesn’t mean it can’t go cheaper and there’s a long way to go to indicated which I can’t see a few hundred thousand achieving.

It’s the first time they’ve invited retail to join the raise and I wonder if that’s because it’s maybe an easy route.

Anyway farewell and I hope your name succeeds from here.

CEO pay at £200k and CFO at £130k should sort out the funding fairly quickly. I’m oot.

Not convinced of that myself. Serial disappointment.

Lacing? Maybe. It needs something but what price?

True - all speculation. You would expect that someone would be interested after the latest news and there is potentially more to be found.

3 multi million sells this afternoon. Either someone is panicing or someone is in the know. Rabbit required from the hat by the management team.

When are the interims? I feel they’re due. Should give a fact based view

I am sure there is a plan being worked through. Upgrade followed by interim followed by extra news …

Seems to be limited interest out there despite the big news. Maybe the inferred vs indicated or someone is just playing with pricing. The vol is not there yet so probably easy to mess around. Needs more promotion.

Maybe but 5x is 5x. Perhaps the new guy will sort the KV bit without dilution.

There had been a constant drip of someone selling 1,000,000 size lots over the last couple of weeks. Hopefully they have sacrificed themselves to the market gods for the benefit of the many left.

So...

> 1.5M tonnes zinc is $4.2bn

> 30% after extraction costs $1.4bn

> value at 10% for early stage risk $140m

> convert to sterling ~ £100m

> current value £6m

Seems a large delta to be filled to me!

A 500% upgrade in their Molaoi zinc/silver/lead deposit, in the top 20 undeveloped global zinc deposits. They have world-class resources and a £6m mcap. Game on!

This seems to be withering away with the lack of progress... Any hopium left around somewhere.

Can you elaborate?