Member Info for Jungmana

The truth is no one here knows the reason gor consolidation as 3 billion shares in issue is about average for many stocks on the market. There are some stocks with 10s of billions of shares in issue.

We can only speculate but hopefully is for good reasons.

Raising funds is not the reason for seeking consolidation as are only seeking authority to raise just GBP 5 million at the agm.

That will be less than 20% dilution if done today at 1p

"by Resolution 2 set out in this document, the Directors will have the ability, following the Capital Reorganisation, to allot further shares with an aggregate nominal value of £4,977,413.54."

In June GGP did a 20 to 1 share consolidation and listed on the Australian stock exchange.

Could the BOD be looking at similar move on a tier 1 gold discovery?

Paul, you are talking crap there. They can raise if want to but thats not the intention as recently raised lots of cash this summer.

The nominal value of the shares is 0.1p so at 1p closing of Friday they are NOT constrained.

100 to 1 share consolidation is welcome and shows a clear intent by the BOD to stop manipulation by some traders.

3 billion in issue today will become 30 million

And 1p share price becomes 100p .

Happy weekend everyone

Bought a few million shares yesterday and this morning.

Placees paid 0.03p , am happy to pay about 0.022p

*for forcibly removing Gaddafi

The current problems in Mali, Niger and Burkina Faso has a direct link to the fall of Gaddafi in Libya. ( their northern neighbour)When Gaddafi was killed Libya descended into chaos and weapons flowed freely into the hands of criminals , rebels and jihadist in those poor neighbouring countries.Since then those groups grew in power and controlled more areas of land with supplies of weapons from Libya.Our western governments are partly to blame for e forcibly removed Gaddafi which has in no small measure contributed to the problems today in Mali, other sahel countries.

Just got a small 20.8k top up.

US deal news any day now.

Https://aje.io/u49v2z

For cheap good quality gold explorers in safe secure jurisdictions look no further than Mila resources and Landore resources .

As always dyor

Https://www.cnbc.com/2025/10/28/rare-earths-mining-firms-embrace-bumper-interest-from-the-middle-east.html

Edgein,

This company should be multiples of todays GBP 6 million market cap.

Gallium in high grades and abundance of flourspar.

Looking forward to news from the US talks soon.

We have a gem among small exploration companies here.

Fantastic rns this morning:

https://x.com/Catalysecapital/status/1983071282401816772?t=NpzUf0KmpVSsFtw5i86x_w&s=35

Https://x.com/DrRyanDLong/status/1980910682884206964?t=J_1Hh9OZqn5N_0TaLDaSOQ&s=19

Https://uk.advfn.com/market-news/article/7143/mila-resources-eyes-significant-upside-at-yarrol-gold-project-following-successful-diamond-drilling-program

Going up and so too is REE, ALTONA rare earths.They have gallium which the US government is after. 98 % of gallium in the world is produce in China and now US has woken up to secure it's own reliable secure supply of this critical mineral.

https://youtu.be/GrzqqMGn4pc?si=dzxNxFchTM7A-zH_

A few good size buys reported late there.

MRE news must be close

A 1.5million buy

Lots of investors here were spooked by the disappointment of FDR.

Like any exploration nothing is guaranteed.

Lets see what the assays say