Member Info for Jontfsi

They sold 3m in one chunk yesterday which didn’t help the SP.

Approvals would have been nice to have but are now something to look forward to in the future. The updates should start to come through regularly once things start moving with the plans for the infrastructure etc.

The new deadlines are just that. News about approvals could come any time and now Froneman is involved I would think the Mining department would not want put a bit of effort in to save embarrassment.

Gold production still planned for Dec 27 👍

Well put Blossoms 👍

We’re both just guessing. I always get suspicious of the large round numbers of shares as I buy/sell in round numbers of money

The seller has been playing the volume game. On high volume days there’s plenty of 2 and 3 mil sells but always round numbers.

Our seller is still about, just dumped 2 mil.

Looks like the section 11 will go to the wire…..

I don’t try and predict a share price with a share like this as there is too many variables inc dilution.

I know where I see the Mcap going and in 2 years if we hit our production target I’d be devastated with an Mcap of £200m.

Gold should theoretically be higher by then and even using today’s gold price I expect to see an Mcap of $1b if we are in production @ 52koz

Gilini’s board member bought in recently and paid 1.02. He would know more than most how the financing is going to go and whether now is a good time to buy.

0.93 would appear to be a good entry point.

No obvious trades from the big seller by the looks of it today.

They usually sell in blocks of 1,2 or 3 million.

Should have gone to Specsavers.

Sorry ……… should’ve 😂

The wording in the RNS is a little poor but it reads to me as though the assays for the samples were due back to the company mid April. The DD core samples were not promised mid April in my opinion.

Also I said POTENTIALLY July IF the labs took 3 months.

Hope this clears things up

Theo said a couple of times during the AGM they were absolutely focused on getting to production by December 2027.

They must be confident this is doable as from what I can make of the new board, their style is to under promise and over deliver.

Honestly the warrants being sold don’t make a huge difference when volume is high. Last time we hit the 2.6’s there were warrants being heavily sold into market and I sold £60k in one trading session and the SP didn’t drop.

During a positive SP movement after good results, volume here is huge and warrant sales can be soaked up with ease. Volume is king here. If you want a good entry point buy here on low volume.

With a sniff of good results at Molly volume will go through the roof and the SP will move accordingly.

Good luck all holders

Exercised warrants tend to be sold into the market quite quickly, certainly as far as JAN is concerned. I’m quite happy that the recently exercised warrants have been sold into market looking at recent trades.

I see this as an inflection point in the SP hence my recent buys. I see a reversal in the trend on the run up to Molly results ( whenever that may be) and look forward to a higher SP given the resource increase likely at Molly and the obvious effect on the JAN Mcap

Good luck all holders

APOLOGIES TO DONDON !!!!

There’s no right and wrong here and it takes 2 to tango. However I’m not one to pick a fight usually. DonDon I should not have wound you up the way I did. I’m not from Runcorn, I’ll be cheering on the Reds tomorrow. I loved this board at one point the atmosphere was great for a while and enjoyed the company’s transition into a gold explorer and the SP rise that came with it.

Still invested here although not as heavily as I was. I’m not a trader but am here to make money so will top up and derisk as I see fit. I see the SP right now as an opportunity.

The company has dropped a few hints that the initial findings from Molly are very positive and the language is different to that before the panaraita results.

I have re-read the RNS that I referenced earlier and stand by my comments about timelines re samples vs core assay’s although I hope the DD results arrive ASAP.

Good luck all holders and have a cracking weekend ☀️ 😎👏

Molly will potentially take a couple of years to drill out to meet the requirements of the Agreement.

Chill Don

A dropping SP has made you emotional Don. Maybe go for a lie down then check your facts about me and the timelines in the RNS.

You will find your wrong on both counts.

DonDon the RNS stated that drilling was due to be completed the last week in April, making it impossible for the results to be back mid April.

It was only the 44 samples that were due back mid April and the company did not state they would RNS the results.

DonDon wins the prize for biggest Wingebag of the month. You can also give yourself a pat on the back for working out the warrant selling brings the price down. Well done Collumbo 👍

Molly drilling only concluded in April and that’s if all went well with no delays. Assays can take upto 3 months so that potentially takes us to first week of July for all results.

JSE listing scheduled for mid 26. This will surely be a positive for the SP. Same amount of shares but twice as many buyers.

This may closely follow the section 11 being signed off. Big SP drivers coming in the near term.