RE: Estimated 213000 oz of gold = over $700,000,00014 Aug 2025 09:38
Yup - consolidation taking place, new base hardening - i was really surprised by the price action yesterday especially after the RNS released, really thought it would go ballistic. still think the big rises will happen given the RNS literally just doubled the value potential of the company - $720m of in ground gold value estimated... @ 100% ownership just mental, especially here (now) with a sub-£2m mcap.
£465k cash raised in the last two months, £35m cap agreed before any debt needs to be re-payed... shows you both the company appetite and bondholder expectations. Only a matter of time till she blows imo. What an opportunity to load up for newbie long term investors (and short-term traders tbf). best gold risk/reward ratio on AIM.