Member Info for GoldGeezer

Odd comment. Share holders will be rewarded when they are 3p

Correction - statement mentions 8.53%. My link to total shares was clearly inaccurate

Rover - they are performance linked. I’ll be delighted for the recipients if they receive all. It’s a 5% dilution for a 100% rise in MCAP. Obviously I hope they’d not sell but ….

I typically invest the dividend value, from other cash, on the ex-div day, so not the actual dividend. I don't auto reinvest. Same for all income. Seems to generally be a lower price than the payment date.

I hope so. Nice to get more shares with each reinvested dividend

I respect your opinion but don't agree.

I would assume a much higher AISC if only Palito is producing. Even if you are correct its USD16M / Year.

A few months ago the CEO stated the license was hoped for by the end of Q2. More recently he mentioned it was hoped for in 2024. The Chairmans message today said that no progress has been made recently. I don't believe that they wanted to publish this message today, however, they would have been required to, if they had a negative discussion. The meeting with the Chairman and the Locals clearly wasn't private.

If they only have 30 months to run, they'd not build a crusher. The ore sorter would add some value but barely cover its cost in raising the grade of the trucked ore, to the Palito plant.

If the license is rejected at best the trial license can run its three years. This may equate to 25,0000 ounces which might generate USD15M. If the business is only then producing 30,000 from Palito, it wouldn't be a viable on going concern. If they had a major discovery the business could survive with additional funding.

Is a trial license conditional to an open & ongoing application for a full license? If the full license is formally rejected, what's the basis for a trial license. It cant be purely a for the commercial interests of the applicant?

I don't know the answer to these questions. The next six months "are pivotal", which I interpret to mean very good or very bad.

HarChris, there was bad news - the lack of progress with the license. This suggests the process has stalled.

What do you make of this?

You cant instantly arbitrage with stocks on unconnected markets. SRB lists on three. Although prices differences may exists, base on spot FOREX, no arbitrage opportunity exists. Buying equity at different value does.

Are you unable to get another broker?

The other shares you post about are not listed in Canada, which is odd

AIM is part of the LSE. SRB is on the AIM market.

Refer to the company website investor section.

Has there been any trading on this market yet? SRBIF?

Its unclear. The trial license has expired. Production continues, which is legal, until an order to stop issued.

1 and 3 are nominee accounts who can individually vote. Id imagine most will vote against. A 75% yes vote seems highly unlikely.

Goliath - maybe so. Shanta appears to be in a strong position. Can you add any meat to your confidence about its future.