Member Info for Guly

That's right Marc confirmed it went to an institutional investor

Absolute no brainer

Should pick up as the day unfolds - no brainer.

Huge, what a beauty 😍

I'm up over 200% YTD compared with last year, so I won't be needing any pocket money anytime soon lol

Please stop cross ramping repitively. I'm in both, FCM is my largest holding followed by FORG

We should receive the Sunbeam drill results early next week. Based on the clues Marc highlighted in his recent "Sunbeam vs. Hammond Reef : which comes out on top" Video, I'm expecting the results to be strong.

https://x.com/i/status/2064767799181070707

Wow late printed 200m buy from yesterday

Prefer the news to come on Monday giving us more time to run up in anticipation

Tomorrow we go big

Solid close, we push on to greater heights tomorrow 👍

First target 0.05 on its way to 0.1+ 👍

Ready to test new recent highs

Not long to wait for deal completion - will add another tranche soon to complete my position.

Will keep loading like I did with FCM under 2p

It's actually good news when you look at the bigger picture. If you recall, Marc mentioned during the investor one-to-one that there was interest from institutional investors. At that time, the share price was below 2p.

Marc and the team have made it clear that they want institutional investors on the register, but they also want to minimise dilution. Because of that, I suspect they've been waiting for a stronger share price before pursuing any deal, and that may be one of the reasons we've seen such a sharp rise over the past few weeks.

Not all placings are equal. I remember SML doing something similar during its run-up, and it actually helped build momentum because the involvement of an institutional investor brought additional confidence to the market. It also helps establish a floor under the share price, which can be important for attracting new investors.

At the current market cap, the level of dilution from a placing at these prices would be relatively minimal, making it a far more attractive proposition than raising funds at significantly lower levels.

Drill results imminent. Can see a explosive move beyond 0.05 soon

Not ruling out 10p over the next few weeks 👍

Happy to add to my position, drill results imminent.

Brilliant news today, churn almost done. Can see 5 bags, what a gift at current levels.