Member Info for Iwonttell

They say that miracles do happen, but that’s in the Bible, not the most reliable of sources. This is the LSE where reality prevails. I remember all those smiling German faces asking me to believe in the GCAT ‘miracle’ so very long ago. I believe with the gold ‘bull’ run going on that this will re-list, 2025 or 2026, and those smiley German faces will be all smiles again. As for us stupid punters, there may well be a few crumbs left over!

Thanks for that, Troajen, an interesting and encouraging read.

Or a badly functioning valve?

So do many others today, voting with their feet!

I’m one of those he tried, unsuccessfully, to bash.

Thankfully, I shifted a load out of Zephyr into gold, silver and miners. Not saying this won’t move appreciably, but not this year. Meanwhile gold and silver are stellar! Wary of exploration, particularly oilers at present.

Reality check:

Trailing twelve months:

Revenue $22.2M US

Net Loss$19.6M US

Gross margin 74% but net margin a strong negative -88%

Q2 2024

Revenue £12.48M 79% gross profit

Net loss £3.01M

Debt to debt ratio 51+%

Low current cash.

Poor return on equity/assets.

Negative margins.

EPS expected to grow up to 150% p.a. but presently heavily negative.

Consensus is optimistic with high future valuations into the £s+++

So more doom and gloom for the next twelve months but with a real expectation of substantial long term gains.

That about sums up how I see it for the benefit of the over eager posters.

Just have to hang on in if you can.

A reply to papa.

No, I am not on the bod or connected with the company. Nor, I imagine are you. So please stay with the theme and avoid personal ‘digs’.

Short term liabilities exceed liquid assets.

The company has not been profitable for many, many months now, and is unlikely to be in profit in the next twelve months.

Joint venture partners, who know a lot more than you or I, are not exactly falling over each other to take advantage.

Well, you may like the overall direction. I will keep my research details to myself, thank you. I lost 1,000’s today due to muddled communications and changing objectives.

The market clearly understands what is happening, and it doesn’t like it.

I’m sure we are all hoping that this will fly upwards. A virtual monopoly of supply and an up and running mine. It takes years to set up an operation like this, even supposing new discoveries are made.

I do not understand why you waste my time by listing sites that need a subscription to open.

Usual mindless posts. What’s the point?

Interesting reading. Thank you.

Perhaps a couple of pence for each pound invested. Probably not worth selling, perhaps wait to see if they ever do get any gold out. Scandalous salary for an inept individual. If only they had been honest when this first went ‘tits up’ perhaps we wouldn’t have all come out of it so badly. Fool that I am went for it quite heavily.

So goodbye to the 100p ramps!

These continual personal attacks are signs of an unstable mind. This forum is about the company, not a platform for mindless comments. You remind me of Trump.

Lots of activity this morning. Mainly selling???

Unable to get a sell price from AJ Bell. Unusual?

A pointless point bazooka. When will you learn the basics of investing? You cannot ramp a share that can’t be bought.

Let’s go GCAT, go!

Why post links that only ask you for money? Or am I missing something?