Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Well done Wareing, comment of the morning award 🥇
sw there's more chance of chairmangold being tom winnifrith ************* he seems to have an agenda against gcat. not sure why as he successfully shorted them after ocim anyway but i've seen he's still going after them on twitter
Fight night
Daz n Gazza on the undercard was a bit of a mis match with Gazza being stopped in the first round but here comes Snowing's ring walk draped in his polar bear gown dancing to the ring to the sound of Endor- pump it up to set the stage alight
Very interesting Merc. Looking forward to Tuesday night to read developments. Things hopefully are starting to move
Anyone else got the Mcap at £76m and the Nav at £62m. Not looking good short term here unfortunately
Interesting developments from left field, potentially have them with an income much sooner than thought, need to do some deeper digging into this, my first thoughts are that it's very positive
I see there's a few 50 & 100k buys starting to appear
This is a great way of comparing company values eareyeam using your in-depth analysis I think that Dacia valued at 0.8B is a complete bargain when Lamborghini are valued at 18.7B does that make Dacia a 20x ?
Watcher calm down, there's been less than 5m volume today the ask hasn't moved from 0.3 all morning. The drop is just MMs moving figures about which may help attract buyers to your share, this share is high risk due to previous over promising/ under delivering. The company are working to iron out these issues and are making progress but there are many obstacles to overcome a junior mining bear market doesn't like that. £5m mcap is a great risk/ reward price on a sniff of good news we move fast. Of which there are a few like prospectus approval, Vim Rutha MRE, Killi MRE, Nyakafuru MRE, Nyakafuru JV
Patience is required
Thanks Paulie if that is correct, I can't listen to that ATM . I listened to a whole bunch of BRES interviews in the car that followed on from each other so didn't know where it came from.
Also have this message response from Sponge ( twitter )
' I spoke to Mike last Thursday - categorically do not need to raise as the DFC will provide the first tranche of funding and other tranches on milestones - bres will fund their half further down the line and do not need to match the grant amount at the same time - happy for you to share that '
Hope that helps Legalwolf
Legal, Mike said this in an interview, I'll look for it and post a link if I find it
Excellent news, won't be much longer now until there's over $100m in our account. Well spotted
Definitely Dan, everyone brings something different to the table, the website is looking much improved and hopefully will continue to do so. It's very much a first port of call for any would be investors and the more up to date, professional, detailed, ease of navigation this all helps immensely
I've not done any background research into these two guys but hopefully they know this site well, didn't have the funds to move forward with the project themselves and will be happy to enjoy the ride up on their share acquisition and may know the JV plans as Robbie can't hold his water. Unlike ME who as financiers want cash conversion immediately. All speculation obviously but I'd be surprised if these 2 are knowledgeable. SW good point it looks like the smelter rights have gone as well. Like I said because of what's gone before there's always a lot to get through. I don't think the markets seen through the muddy water yet either. JV announcement should be different though, let's hope Robbie can pull the stops out for us
With what's gone before it can sometimes take a little time to digest announcements now as we untwist the knots. So we now own 100% of Nyakafuru with a JORC of 650k Oz open pit and the potential for this to increase considerably for a dilution of 7% for the completion of the second payment. It's in the Victoria gold fields where there's a proven track record of high grade ore Barrick Gold are down the road from us with 18m ozs it's open pit, camp facilities, accomodation, power all established, access roads already in place and Robbie hinting at a JV in final stages. This sounds a good deal to me
Lav that news broke 6 days ago, there's no volume only 18m just moving about within the range, grab a bargain or enjoy the sunshine, nothing to see here
We finished up today Mickey, it was another blue day. MMs moved us up at the close yesterday to 0.48 but the buy at 16:30 was 0.45 on HL yesterday. Today at close the buy on HL was 0.477. Hopefully this steady rise continues all week. The bid and ask on GCAT is set to the free trade apps for some reason with a wide spread