Member Info for GodofHellfire

This RNS has nothing to do with the EL. This is about tidying up the legal paperwork for either financing development or selling up

107m traded yesterday. That's 12m less than the day the Mbe MRE was announced.

Coiled spring

We're actually trading at $10-$15 per oz at the moment

Let's speculate.

What's the value of their share of gold in the ground now versus after the EL. $25 now vs $??? after?

A lot of the majors are seeing big gains even in a turbulent market because the profit from the higher gold price is starting to hit the bottom line results. They're amongst the most profitable companies in the world, outstripping tech and oil

See, this is all we need Martin. Thank you. Please keep it up so we don't have to keep telling the newbies on this board

Https://www.linkedin.com/posts/orr-gold-mining-ugcPost-7465797123972988928-9kxt/?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAARTSG0BFlF601xKijAOAM8Dcf9K2SN7alM&utm_campaign=copy_link

LF...be careful with the EL sell if that's your complete exit..... selling on the news spike might be premature because it'll take a couple of weeks for the whales to buy-in. Also, the updated MRE and a potential partner announcement with a separate tier 1 could add further considerable upside. I think the EL could take us to 1.3+ but a tier one partnership, 2m oz and another prospective licence or two to drill, then you'll miss out on the true catalyst which could be anywhere between 3-6p imo dyor

"strong support and encouragement received from the Prime Minister"

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Thanks for your efforts and intel, glad to hear Martin intends to address it.

Hopefully Martin has been in Cameroon trying to get something over the line...

I think your breakfast beer at Wetherspoons this morning is wearing off GG. Maybe get off your phone and get back to shouting nonsense at passers by in the street, you'll get more of a reaction.

Lol at higher lows. It's still going down. It's broken below both the 50 day and 200 day moving average.

It'll keep going down until the traders stop selling or there's consequential news.

Spot on MTM

I'm looking at the charts. We're in a downward parallel. What's your point?

Lanstead hasn't been relevant for nine months. Pick any period that fits your chart reading

ON you can't just select points in time and say "the share price has gone up". In June 21 it was 0.6, in Jan 24 it was 0.38, in August 25 it was 0.47. So, by your logic it is still down

Https://www.lse.co.uk/rns/holdings-in-company-nkqi6cqe4ehea5o.html

The Lanstead TR1 to say they were below threshold was last summer. They'll either be holding the remainder or would have long sold out.

The reason there's an over supply is because there's 4.2b shares floating about and Oriole is a serial good news giver which is a trader's paradise.

Oriole create the perfect conditions for traders, but not LTI, due to the constant threat of dilution and warrant ceilings.

The only thing that is going to bust out a move is multiple massive investors taking shares out of circulation or a large volume of retail investors who want to hold.

At this point I'd welcome a Chinese hostile takeover

My point about a lack of volume is that, I can personally cap the share price all on my tod. So unless you can find enough whales or retail investors for me to unload to, none of us will see much of a return until they sell the company, by which time our shareholding would be reduced to that which would mean less return than we could find elsewhere, as LTHs.

The solution isn't hopeless positivity, it's the BOD addressing the lack of retail. I suspect they're being advised to sacrifice the retail investors for the insistutions but it's chicken and egg because, as the lack of investment from the CEO in the last 2 years tells us, it's a bad LT investment.

Everyone will be selling the news at the same time