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Hold that thought - estimated +1M oz AU at Gubong

+1M oz !!

And just Gubong.

Wakey wakey market.

At the Gubong mine today. It was South Korea' second largest mine and produced >1m oz Au with 25 levels over 120 km to depth of 500m - being orogenic, depth extensions possible up to 2 km. Note the 1911. Estimated remaining Au oz +1million

https://x.com/bluebirdIR/status/1808474003524264210

Not sure it was that many was it? I thought a number had been cancelled and wasn’t there 2 x 1M puchases in the mix?

I don’t get swayed personally by other people’s trades in the short term - I trust sticking with the business case and BoD capabilities to deliver. News should land in the next few days on the 3rd JV. Watch what happens here then!

They must have attached a telescopic lens onto that crystal ball - I can't see a take-over for at least a couple fo years unless it is hostile - we need to get production ramped up and get the drill turning to increase our JORC reserves first in my view.

Come on PKF - let's get that audit out!

Yes - if you look at the trades posted so far they don't warrant a 5% fall - but who knows what games are being played. Hopefully news either late this week or next week will see us bounce back towards or beyond 2p.

Https://x.com/vsacapital/status/1808050245768483146?s=48&t=o3Qn5iybDrdL77ZUT3lieg

Get a mention 3 mins in

100% agree swampmonster

Bebeto - it’s not always about you - get over yourself.

I trust the company to do the right commercial thing here - and that is get the audit completed and never have anything to do with this PKF shower again. Can you really imagine them being engaged again and then not delivering again and refusing to give another completion deadline. No CEO is going to put themselves in that position again. Time to get real here.

Bebeto - personal gain? What personal gain?

Hopefully the company will show PKF the door - the expression a leopard doesn’t change its spots comes to mind. Engaging PKF again is the most assured way of getting a third suspension in my view.

Bebeto - conducting 2023 and 2024 concurrently will add months of additional delay into the current suspension - no one wants that. It would destroy the confidence generated by the recent funding news.

As usual you present a binary proposition and one of them is non compliance - you really are a black and white type character aren't you. Embrace grey Bebeto - it will change your life.

How about bin PKF and engage a new audit team and have the numbers ready to share with them to meet the regulatory timelines? How about that for a plan?

The cost in dilution terms is inversely proportionable to the declining SP. It's brave new money that joins at this point in my view and very much in the extremely high risk / gambling range.

I still can't think but a change of leadership would do volumes for this business. Let GR become an non exec Chairman and a competent experienced new CEO at the helm.

Santiago - don't underestimate the ability of some big money to influence the herd here - given the number of trades and following it is very easy to create a momentum, whilst also pulling money out at a profit with large negotiated sales in the background. I am not saying that is definitively happening here at the moment but I am not discounting the possibility either.

And delay further Bebeto? What would be the point?

I think it would be prudent to get these over the line and give PKF their pink slip.

And so much more to come!

If anyone hasn't already listened to Aidan's presentation, I suggest they do. It is not often there is such a clear and positive heads up of a very near term news in the form of the 3rd JV.

Obviously its not done until its done but......

And then who knows when the permit news stops to drop? Again nothing 100% certain but I am sure our local JV partners are all over this.

Its a great question Boldicus and one probably best answered by the company - given their expertise they will probably be aware if there are other companies operating a similar venture of reopening a mine. I have tried searching on the net and I can't find anything comparable and maybe that is why we are so undervalued (in my view and in AB's view from his words in the presentation) at the moment. The market is simply is not aware or doesn't know what box to put BMV into. That's a job for Aidan and hopefully the 3rd JV will prompt another media interview to help spread the word. The fundamentals are compelling to say the least.

Got a mention this morning

https://x.com/i/broadcasts/1djGXNVmlgkxZ

Frankly until they have the process nailed then suspension would be best for shareholders although of course that would prevent placings if that source of funds was required.

Feels like a big sell order being fulfilled again. Strange but then so have so many of the trade posts re timings.

I'm sticking with the fundamentals as always.

Surprising that some are choosing to sell at a point in time when a 20% rise within a couple of weeks almost feels bolted on.

Purely my view and I am very bias and pro BMV, for full disclosure.

Obviously DYOR - I did!