Member Info for ICB888

AEX is Up 25.8% this Week which is very good to see. What we have seen today is the traders banking their profits as they don’t want to hold over the weekend. I am an investor and the way this is moving I don’t want to be out over the weekend. If news lands on Monday we will see this weeks rise repeated probably on opening with little chance of getting back in at todays closing price.

Featuring prominently on the Leaderboard for the third day running. Currently at Number 9 Up 5.77% on volume of 1.6 million.

All buys so far with full Ask 1.4p paid 4 times on volume approaching 1 million.Will we see a 14% rise for a third day as investors anticipate news in March?

This is starting to attract attention again. Just to remind investors what happens when the market starts to anticipate good news, look at the chart above. Last April it went vertical from 0.8 to 1.2. Last May it went from 1.2 to just over 2p in a matter of weeks. AEX has just moved above 1.2 with todays 7.6% rise following yesterdays 15% rise. Looking promising.

Closed in Australia Up8.67% at .94 on volume of 847000 setting another new high.

In early trade in Australia SVM is up over 5% and has set a new 52 week high for the Australian listing. Volume is currently 421000, which is close to average daly volume but there are still 5 hours of trading so it’s looking like it will be a big volume day.

A good day for SVML as another box is ticked a few days after the last one as this proceeds on track towards the DFS by Q4.

Today’s 5.95% rise takes this to a new 52 week high. Indeed I think it is an all time closing high being slightly higher than the spike in 2021. Interesting to see how it goes in Australia when they reopen.

SVML was Up 5.49% in Australia very close to its 52 week high. It is moving Up here this morning currently at 42p which is the 52 week closing high set on 22nd November 2024. The intra day 52 week high of 43.80 was also set on that day. The latest trade this morning was at 43p so we may set a new closing high today if the UK volume picks up. Australia is the main market and today’s rise there is very encouraging that SVML will rerate higher to reflect the continuing excellent news flow.

The higher the sp can move prior to a bid, the higher the bid will have to be!

Oliver had over 20 meetings planned at Mines and Money in Miami with Institutional Investors, Family offices and high net worth investors. I am hopeful that as a result of Olivers infectious enthusiasm for the impressive GMET story he has to tell, we will see new US investors come on board in the coming days and weeks. UCAM have formally declared their 23% by RNS today following last weeks deal. It will have gone down well with investors that a Specialist Commodity investor has just come on board to replace POW as the largest holder by purchasing just over half of POW’s stake. Recently Premier Milton a UK Institutional Investor invested a further £750000 by way of a placing. The share register is looking impressive and contains what appear to be long term investors. So with not many likely sellers GMET is well placed to continue last years very impressive rise as the regular news flow continues. Looking forward to Olivers report about Mines and Money.

Ten minutes of upbeat chat about GMET on the Sunday Roast podcast today.

Tray please keep up your Mark Twain quotes as “no amount of evidence will ever persuade an idiot” is so pertinent as regards some of the posters on this bb. POW has this week banked a 10x return on its best investment to date and still has a 19.2% stake that is still in the portfolio. It is not Sean’s fault that the market refuses to recognise the true value of POW which is at a 50% discount to NAV. I do think he should consider my suggestion of a special dividend to reward shareholders in relation to the cash received for the GMET shares.

But my main point would be that Mark Twain’s idiots not persuaded by the evidence should sell and move on. I suggest that they reflect on the fact that 18 months or so ago Rick Rule who is a big fan of project incubators put his money where his mouth is and became a 4% shareholder at a price higher than the current sp. Rick Rule is not an idiot and I was happy to follow his lead and invest. Investing in POW alerted me to GMET in which I also invested, which is another benefit of project generators. I feel sure Rick Rule is confident of being able to exit his investment in due course at a substantial profit.

I think Tray is doing a good job explaining the POW business model (much loved by Rick Rule, because you risk other people’s money to develop the assets). The problem POW has which exists in most companies which have several investments is that they trade at a large discount to NAV. POW has made a 10x initial investment profit on the GMET shares it has just sold. If receipt of £7.5 million which is now sitting in the bank account doesn’t lead to a rerate in the share price, the Board should seriously consider a special dividend of say £1-2.5 million so the shareholders get some direct benefit from the successful investment in GMET. I think it would be very good for the share price going forward if the company committed to such a model going forward.

Someone has paid 38p for 20000 shares. There is a good chance that the all time closing high of 37p from last August will be breached today and possibly the all time intra day high also from last August of 39p.

Good to see GMET continue to develop its assets in addition to Tungsten. Today it’s more on the gold story,which is very promising. Remember it was originally called Golden Metal Resources because originally that was going to be the focus before the Tungsten came to be the main focus. As gold approaches $3000 this is worth accelerating. GMET also has had great results at Garfield with copper. Oliver has a great story to tell at Mines and Money and it’s pleasing to see the sp moving north this morning.

ACAM via UCAM are POW’s partner in a Uranium JV. POW put all their uranium assets into the JV and UCAM put in £10 million to develop the assets. UCAM have 70% and POW 30%. There is no value in POW’s current share price relating to this JV as its current market cap is covered by the cash it has just received for it’s GMET shares and the value of its remaining 19.2% share of GMET. A great vote of confidence by UCAM to become GMET’s largest shareholder as it continues to build on last years very impressive growth.

This morning I suggested Oliver would be reporting on his site visits and this afternoon he has delivered. A very upbeat and enthusiastic Oliver reporting on the visit by the Directors and the Engineering team to both Pilot Mountain and the new mine. Oliver and the Chairman now in Miami to promote GMET at Mines & Money conference tomorrow and Friday. A perfect opportunity to present to US Investors about Tungsten which is now a very hot topic, as critical minerals for Defence purposes is a top priority for the new Trump Administration . They have already removed some regulations in order to speed up permitting. Very impressive to see the drive by the whole GMET team to keep this moving towards production as quickly as possible.

The progress with the new mine should help the case for the grant as they expect to be able to produce from there ahead of Pilot Mountain. We last heard from Oliver at the end of January and in the RNS he stated:

“ The Company's Chairman, CEO, select advisers and members of Guardian Metal's engineering team will be completing a site visit to Tempiute in the second week of February with a goal of immediately aligning on next key steps to advance the Project with groundwork expected to commence shortly thereafter.”

We know how Olilikes to keep up the news flow so we should expect a report on that site visit fairly soon.

“ Blue Star Capital plc (AIM: BLU), the investing company with a focus on blockchain, esports and payments, announces that its investee company, SatoshiPay Ltd ("SatoshiPay"), has been awarded a US$468,000 grant from The Web3 Foundation ("Web3") a blockchain company developed to promote emerging decentralized web software protocols, technologies, and applications,

SatoshiPay was awarded the grant by Web3 in order to help the company further develop its projects, in particular Vortex, a decentralised exchange platform incubated by SatoshiPay designed to streamline global payments by bridging stablecoins with local fiat currencies. By leveraging Polkadot's multi-chain architecture, Vortex aligns with Web3's mission to foster decentralized technologies that enhance global financial inclusion.”

This grant by Web 3 is a massive endorsement of the importance of Satoshipays technology to global payments. An independent third party is backing Satoshipay’s technology because they believe it to be important to the whole decentralised global finance industry. This is a very important day for Satoshipay and BLU.

The £150000 raised recently (presumably with full knowledge of today’s announcement) provides more than enough funds for BLU to invest its share without dilution. All proceeding as planned and looking very positive.

Scottydog says POW are “Never really progressing….”. How does he think mining projects start? POW have been working on their Uranium projects for sometime having picked them up when nobody was interested in Uranium. They have now progressed their Uranium projects to the point where someone has put £10 million into a JV of which POW have 30%. POW have made very good progress having substantially increased the value of their Uranium assets and have the funds for an extensive drilling program which will start in the next few months.

If we look elsewhere GMET started as part of POW and POW are about to receive £9.5Million for half their shares in GMET which is a gain of nearly 1000%. This also validates a similar value for the shares they will retain in GMET.

When the GMET sale goes through POW will have proved its business model works and will be very well funded to move forward without any concerns about further dilution of shareholders as they develop the Uranium JV and Power Arabia, both of which have the potential to be as successful as GMET. GMET also has a lot further to go as evidenced by POW’s Uranium JV partner becoming the largest shareholder in GMET.