Member Info for HarChris

‘ In their defence they, as you stated gave monthly reports on gold production until June with an update in September!’

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Are you just trying to make yourself feel better? They reported every pour from December to late March because they showed an improving picture. Then we got no more individual pours for many months, just a figure for six months so it could obscure the last few months where trend had reversed. So no pour relating to April, May or June.

The July pour was forced because Bill revealed it and then they quickly shared another for August as it improved on the last. That update also spoke of building momentum over the coming weeks and months but there has been no more news shared.

These are the facts, interpreting them as anything other than major problems behind the scenes is simply delusion.

GRL went from posting every gold pour to suddenly halting in June, putting out a screenshot with a scale in July with an incorrect conversion and then being forced to reveal their latest pour of just 213 troy ounces because Bill Trew shared it at the AGM. An ever so slight improvement was then seen so they declared a follow up pour of 355.6 dore ounces and then nothing despite commentary about building momentum into 2025.

Silence at GRL has always, without fail, meant poor news being buried. They shout any improving picture from the rooftops.

It is not hard to picture what mayhem is going on behind the scenes as they scramble to stay solvent.

The moment those monthly production targets achieved this becomes totally derisked and the share price takes off.

Not long to wait now.

Three and a half months ago:

"The collective determination of our technical team and board continues to translate into steady progress at Homase. While the pace has been slower than we would have hoped, operations and gold production remain on a positive trajectory and we are all fully aligned and committed to delivering on our production goals. I look forward to updating shareholders over the coming weeks and months as we work to build further momentum through the remainder of 2025."

If you think they’ve fulfilled this promise fair enough.

Putting everything else aside I'd have thought by now every single one of us would be in agreement that it's utterly shocking that the company have stopped updating shareholders as they near the end of the year and the big black gold loan cloud hanging over them. I thought whatever your position you'd agree that this simply isn't good enough and is deserved of the utmost disdain for Emma and the rest of the board.

Here's to a brilliant week for Avacta and a big santa rally into the new year.

Me too. Sentiment taking off over at WeShop. A quiet rise this week without much fanfare would suit me.

The reason I'm more confident than I was first and foremost is Theo - looks an excellent appointment to lead the company. He's got a wealth of experience including actually being involved in the operations of the Beatrix 4 Shaft himself and is South African based. He has a deep mining background and this is not his first rodeo as a CEO. Sean moving to chief technical director utilises his skills more effectively and then the new CFO appointment looks rather solid as well with mutliple CFO roles under his belt and from the communication i've seen between him and other shareholders a rather smart and sensible individual.

If you're one of those that loves the project and the commodities (Uranium, Gold) but are concerned because it's got Jason's imprint all over it I wouldn't be, he's just one of four executives and success now depends on the entire board which is diverse and highly credible.

'Genuinely HarChris. What are you so excited about for Wednesday?'

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Well I guess because for those of us that have life-changing amounts invested in Avacta it's a major moment. It's the first chance to see if all of the positive commentary of late is justified. For example the notion that if AVA6000 in p1a with heavily pre-treated patients and varying research-led dosages is able to produce a stronger disease control rate and PFS than the current best treatments then why wouldn't a larger dataset with targeted patients most likely to respond to the drug improve on that still? With an exceptional safety profile too hopefully. Good results almost certainly mean progression to a phase 2 registrational study which increases the chance that Avacta becomes a revenue generating biotech in the coming years substantially, derisking the investment. Strong results will give all shareholders confidence that partnerships will be achieved within the current seven months of cash runway remaining. It'll also give greater confidence that TBNC will make it a double whammy in a handful of months time.

We've not had a data event as highly anticipated as this. We've never had a well signposted fresh data release with an IMC meeting in the diary to discuss said results in quite the same fashion so it's a big event that we've been building up to for arguably the whole of 2025. That's a reason to be excited if you ask me.

Doesn’t it feel like there’s two Christmas’ this year instead of the usual one? December 25th as well as December 17th? I’m more excited for the latter.

Not sure why you’re frustrated, all this so called coordinated attack on the actually amazingly performing Goldstone Resources is offering you and those close to you even more opportunity to accumulate. You, your family and loved ones could take control of the company at this rate.

Deferring it on good terms for twelve months (say 14% and so £6.95m to £8m) should shrink the disconnect to at least closer to 50% so perhaps a quick rally to ~6p give or take a few pence?

Seems low but it would be a considerable rerating from current price.

Entering production with gold touching $4300/oz will do ECR no harm either.

It translates to revenues far exceeding the current mcap for Blue Mountain alone.

Certainly stabilising here even if at a lower base than we’d like. Expecting a bit of move north for the rest of the week now.

Yeah? I lost money there as well as other places and I’ll lose on other companies in the future too. What’s your point? I’m not making any big calls here, I’m invested and share my opinions on why from time to time and occasionally call out what I see as inaccuracies, inconsistencies and hypocrisy.

I doubt anyone listens to anything I say don’t worry!

No I don’t remember Ophidian previously admitting to selling out and now buying back in only for the share price to drop. It’s unlike him to actually broadcast what a bad call he’s made previously, essentially.

I don’t think it matters what he does either but if you’re suggesting those individuals named are actually selling now I disagree with that theory.

If the results are stellar and Christina assures in the IMC that partnerships/deals are following closely behind now these results are out then that’ll likely be enough for a continued rally towards and beyond a pound a share.

' hence the muted price action prior to the reveal'

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A few days after the 30p subscription you spoke of the muted price action, a few weeks later it was up 50%.

A few days after the 50p subscription you questioned why there was little to no reaction, a few weeks later it was up 20% or so.

A couple of months ago after the 63p raise you implied the market had spoken and wasn't convinced, a few weeks later it had risen 20% and a few weeks after that another 15% and hit a 52 week high.

Yet still you seem to think the immediate reaction to news is all so telling. Are you a slow learner?

To the user on here who always complained about the company issuing the monthly operational update on a different date each month… it looks like someone finally listened to you! Another month with results released on the 10th, you must be a happy bunny.