Member Info for Jarv55

Https://www.mining.com/first-quantum-to-fast-track-zambia-project-after-panama-blow/

Really is worth listening to the presentation

Well that is good news.

Https://uk.investing.com/news/forex-news/bitcoin-hits-40000-level-for-the-first-time-this-year-3256838

Https://uk.investing.com/news/forex-news/bitcoin-hits-40000-level-for-the-first-time-this-year-3256838

Ria is long gone. Hope you newbies didn't get sucked in by her.

Even more reason to get some more Copper mines up and running in Zambia.

Https://twitter.com/time_tobe_brave/status/1730914592807620694

Https://shorttracker.co.uk/company/GB00B0H2K534/

Btc looking good just need some news from Qbt like who we are in talks with https://invst.ly/12i7ng

Btc looking good https://invst.ly/12i7ng

Income Analysis

Despite the contribution from Angra, the continued poor performance of EMS and its disposal during the year resulted in a decrease in revenue for the 12-months ended 31 March 2023 to US$2.27 million (2022: US$4.24 million). The Group's operating loss before tax for the financial year is US$1.61 million, compared to the operating loss incurred in previous financial year of US$1.43 million. In addition, the Group received grants and other income during the year of US$0.05 million (2022: US$0.24 million), leading to total income recognised in the year of US$2.32 million (2022: US$4.47 million).

Angra had US$132.87 million in transaction volume during the year, which contributed US$0.43 million in revenue to the Group.

First of all they have £4.6mill in the bank and the possibility if $1million being returned if they don't extend. So they have cash to pay staff. Secondly they have said it will cost approx $24mill to do one drill. They own 75% of an asset that could give who ever buys it biillions in revenues. I don't think financing a drill will be a problem. Let say we need $10 mill to finance our 50% of costs. Timor Lest government could loan them the cash for a percentage of Chuditch an keep it in house. Or one of the mayjors could come in for a free carry. Or they could go for straight debt. Doesn't always have to be a placing to fund a drill so do bare that in mind.

188star a length from the telegram group has screen shots of his holding he had 102,950,000 on the 17th Nov

Would be good if the bod were buying them but they will be in a closed period.

Looking stronger today https://invst.ly/12hre9

They gave him Ems wiring as its loss making it will be interesting to the results in Dec

GSTechnologies Limited (LSE: GST), the fintech and information technology solutions company, is pleased to announce that on 17 July 2022, the Company entered into a binding agreement to sell its subsidiary, EMS Wiring Systems Pte. Ltd ("EMS Wiring Systems" or "EMS"), to Teo Chiah Chiu Raphael ("Raphael Teo"), the Chairman of EMS (the "Disposal").

Highlights

· Disposal of EMS Wiring Systems to a member of its management team

· Consideration for the Disposal comprises the return of the 60,000,000 GST shares held by Raphael Teo to the Company

· The Disposal enables the Group to focus solely on its stated strategy of building a blockchain enabled neobanking business, removing a loss-making, no longer core, subsidiary

Details of the Disposal

The consideration payable by Raphael Teo for the entire issued share capital of EMS, which is currently held by the Company, will be the transfer to the Company, by way of a share buyback, of 60,000,000 ordinary shares of no par value in GST held by him (the "Consideration Shares"). At the closing mid-price of 1.09p of the Company's shares on 15 July 2022, the Consideration Shares were valued at £654,000 and they represent approximately 3.87 per cent. of the Company's issued share capital. The Company intends to hold the Consideration Shares in treasury for future issue or cancellation in due course.

Completion of the Disposal is conditional, inter alia, on completion of the buyback of the Consideration Shares, and the Company and EMS entering into a deed of agreement to waive all outstanding liabilities between the Company and EMS. A further announcement will be made in due course when the Disposal completes.

EMS Wiring Systems, based in Singapore, provides wireless, electronic cabling, security, and other solutions to clients operating in the infrastructure development space. In the year ended 31 March 2021, the Company's last reported annual financial results, EMS had sales of US$2.83 million and made a net loss of US$0.14 million, after receiving US$0.58 million of Covid-19 related financial assistance from the Singapore Government. For the year ended 31 March 2022 EMS had increased unaudited sales of approximately US$4.0 million, but continued to be loss making and made an unaudited net loss of approximately US$0.5 million.

Background and reasons for the Disposal

The primary focus for the Group has, since early 2021, been on the 'GS Fintech' subsidiaries in the UK and Singapore and the Company's expansion into blockchain related technologies applied to the financial services sector, specifically its plans to launch a borderless neobanking platform providing next-generation digital money solutions. As announced on 30 June 2022 the Company has made significant progress in implementing its stated strategy to roll-out a suite of offerings under its GS Money banner based on three initial use-cases: international money transfers, borderless accounts, and private stablecoin.

Teo Chiah Chiu Raphael 107,250,000 6.03% he is the one selling but is drip feeding them in so he may only be selling a few would good if the bod took him out.

Teo Raphael