Any day now28 May 2025 08:35
Watch out guys. We know how this thing is funded. It is so far away from monetisation, and possibly as far away as every from funding. Looks like it made good money from selling those coins. Welsh gold is priced higher. Trouble is even though they can sell Gold 4 times higher than the normal price does not help it and those coins were sold at a loss. This place is so expensive to mine and oddly even though we are told time and time again there is x amount of gold in tailing that just sit there, nothing happens. Even to start to smelt gold from the remaining ore, will cost money now where does money come from for this business? It is not rocket science. Even after the coming placing it will still not be enough to monetise the group and there will be another placing after that and perhaps another. Poor shareholding here buggered time and time again then done over again, and it will not be the end. Do not believe a word the management says. The company is doomed. I think they even know this and that is why they plan a new project in Sweden that any poor bugger still here will pay for. AVOID.