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Billy,
I don't really think you would be able to buy 10million shares in one hit nowadays , that would take several days in tranches of maybe half a million max now etc.
I sincerely believe that the free float now is somewhat smaller these days than the good old days of 0.30 of a penny/share.
TEO CHIAH CHIU RAPHAEL
RNS , 05th October 2022
GSTechnologies Limited (LSE: GST), the fintech and information technology solutions company, is pleased to announce that further to the announcement on 18 July 2022, the Company has completed the disposal of its subsidiary, EMS Wiring Systems Pte. Ltd ("EMS"), to Teo Chiah Chiu Raphael ("Raphael Teo"), the Chairman of EMS (the "Disposal").
As previously announced, the consideration payable by Raphael Teo for the entire issued share capital of EMS was the transfer to the Company, by way of a share buyback, 60,000,000 ordinary shares of no par value in GST held by him (the "Consideration Shares").
(Those 60m shares are now held in GST's Treasury account to do what they wnt with or maybe cancel?.)
Today’s RNS 18/12/23
TEO CHIAH CHIU RAPHAEL has sold some 53.2M sharestime of course since July 22 ?, and is no longer a director of GST as owner of EMS. Teo still retains 4.90% of GST shares.
Today's RNS had to be issued because Teo used to own more than 5% of issued shares roughly 8.5% I think ,and now with only owning 4.90% he falls below the radar for reporting purposes.
That’s it folks TEO has moved on to pastures new! good luck to him, he may require the capital for EMS or whatever who knows? but at least he still retains a healthy interest in GST.
Zoros,
https://newsdirect.com/news/greatland-gold-announces-plans-to-de-risk-havieron-development-by-managing-water-extraction-131186464
Oct 24th, 2023
Greatland Gold managing director Shaun Day joined Proactive's Stephen Gunnion with details of a plan to de-risk the development of its Havieron gold-copper project located in Western Australia by temporarily pausing the project to manage the water extraction from an aquifer above the main orebody.
Day told Proactive the company has successfully navigated over two kilometres of decline, ramping towards the top of the ore body. This progress involved mining through three layers of aquifers, leading to the announcement about recalibrating the time required to water the lower contained aquifer.
The company intends to continue the decline route while focusing on ventilation development. This pivot prioritizes depressurization and dewatering of the lower contained aquifer to ensure safer mining conditions. Previously, the goal was to complete this phase and the feasibility study by June 2024. However, with the focus on risk management and safety, Day said the revised estimate is now the September quarter of 2024.
'This decision, endorsed by their joint venture partner Newcrest, is seen as a mere "speed bump" in the larger scheme. Day also announced the world's leading gold miner, Newmont, will soon join the joint venture, further amplifying the project's potential. The company also plans to update the JORC mineral resource by the end of this year, (2023?) followed by the completion of the ventilation system and feasibility study.'
All depends I would assume on progress of managing the the water extraction from an aquifer above the main orebody.
Let's hope so, ie 2024 not 2025 when we reach top of 'Ore Body' could be borderline, who knows????
Putin under pressure as 'special operations' threaten to 'hollow out' Russia's army | Philip Ingram
https://www.youtube.com/watch?v=fEj_oOgPFQ0
Another Brilliant analysis Toffers.
Freddie2 shoes,
It seems to me that you are only here to try and stir the pot!
Re your post @ 12:49: 'Check out hydrogens post on ggp chat just after bamps mentioned the shorters on here , funny that aint it'
Hydro was answering my question if you care to look at the thread, but no you knew that all along didn't you?
So why fabricate a link to Bamps?
Toffers,
https://www.youtube.com/watch?v=woqlN3fnjlE
Starts about 16minutes in, Lloyd Austin, Zelenesky, etc, worth a watch.
The USA will not abandon Ukraine IMHO, too much at stake for the USA and Europe in general.
I don't really care what some protaganists on here say, but IMHO Ukraine will not be sold down the river nor will Russia have the capability to win this war. Russia is let's face it is already experiencing manpower and logistic and funding and anti war demo's issues be they banned or otherwise.
I seem to recall that one of the main reasons Russia got out of Afgahnistan many years ago was because of a mass protest by Russian Mothers and wives, the same scenario is already starting in Russia right now, just before Putin's attempts for re-election.
Spot on Bfd, too many day traders wetting their pants right now?
Relax and sit back, it's all you can do for now.
The Cogs, I am sure are slowly whirring away in the background to where we need to be.
FCA acceptance by end of Jan 24 might well yield a SP of 3-4p would be my best guess, and it's just that a guess!
Followed of course by a robust update on Revenue generated / profit .
Lot's of news in the pipeline still to come, so sit back and relax!!
@HappyDazes,
Re: I normally sell after such huge gains but this is worth making an exception for. When they get FCA it could double again.
Indeed it could maybe more?, cannot be far off that very milestone right now, that's why I don't bother trading GST anymore MM's are probably collecting shares right now in anticipation of the next major FCA/RNS so just sat on my modest 2m shares now and waiting patiently.
GLA, all as this is coming together very well albeit slowly but no worries from me for now .
Just be patient, volume of GST trades is only 13.7m today, thats why SP is where it is right now.
Everyone is out Xmas shopping or stuffing themselves with Mince Pies!
It's all coming together nicely now IMHO. Sit back and relax!
For me, it looks like the GST SP is now holding well, and has established a new price baseline, look for yourself.
https://www.investing.com/equities/golden-saint-tech-historical-data
In my case I can't be bothered to trade since the SP is so volatile at the moment, one day its up and the next day it's down etc. Thing is, as I have said before the GST model is forever evolving, and with that it there is no way of trying to guess which way the SP will move from one day to the next.
Being a 'Day Trader' must be an absolute nightmare at the moment!
This share is also like a London Black Cab, it can turn on a sixpence for absolutely no reason at all!, so think well and hard before you decide to trade it as you may well lose on your trade?
Sunnyside,
Golden Star is a totally different company altogether, https://gstinc.com/
Nothing at all to do with GST.
Bottom line people,
Don't sell a single share, if they want them, make them pay!!
If no Pi sold then the price should in theory move up as the MM's struggle to fill their ii's orders.
Let's create a new baseline? 20p?
Aiming, just be cognisant of the fact that 54.25m is a figure of shares out on loan, however it does NOT! neccesarily equate to the actual Short Interest, ie, number of shares actually being shorted.This is actually an unknown quantity on Ortex IMHO and no one has the actual handle on that info.