Watch LIVE the focusIR May Investor webinar with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund here.
https://pbs.twimg.com/media/FfmC2CGXwAEKKlH
Look at the price chart the day it was posted, October 21st. Deleted shortly after because it’s not gold, just a form of copper.
What's not to love?
https://youtu.be/ShZdtzAJ6cI
> if you believe in the project, then you know X is the time to get in and take your shot
You lot have been saying this for over a year.
Have you got anything tangible to say?
What news is going to drop this month that will quadruple the SP?
What happened to the bridge?
30p based on what? It only reached 24p on the GSX approval (+ Sky News coverage), and that evaporated pretty quickly.
Please people, don't get sucked into this pump. This is a company with zero revenue, no IP, no direction and $1.6m worth of CLNs to be converted. It's far more likely to be at 3p than 30 by the end of the month.
Funding is probably not achievable IMO.
"So, you want us to lend you £5m to buy a (probably) loss-making business, and you have absolutely no equity to stake?
And IIUC you're currently printing shares to pay off your last loan, while the SP tanks to ATLs?"
> When you take into account that the Mongolian exchange is worth 1.5 Billion
If the GSX was worth anywhere near that amount they wouldn't be offloading it to VLRM for a few million, be realistic ffs
The current SP is 7p with $1.6m worth of dilution still to come.
If they issue another 50m shares it definitely won't be at anywhere near 10p, more likely will need to be 100m @ 5p, maybe even lower.