Member Info for Legalwolf

Sounds like deramping to me!

“At period-end, the Group held a cash balance of £1.2 million, following a successful capital raise in July 2024…”

You keep repeating this sentence and it’s hilarious how you are reading it the wrong way round. What it means is that in July 2024 they raised money and “following” that raise they ended up with £1.2 million by Jan 2025 which is “period end”.

You are so warped that you can’t even read properly.

Why don’t brokers like IG need these documents then?

Well done Karl - this is definitely a buy the consolidation opportunity! There will be further opportunities over the coming weeks and months for sure.

And this is why you have to be sceptical about whether Seingred actually has a large holding here at a low average. His postings laced with negatives suggest he has traded out most of whatever holding he might have had below 5p.

Otherwise he could join the Doc and brag how he’s up a Lamborghini!

Not sure what the let down from the BOD actually is? If some broker's have arbitrarily decided to restrict trading for their own reasons, is this for the BOD to fix, and if so, how? They have no control over social media, so just wondering what they can do to assuage the concerns of these platforms?

I certainly think the share consolidation will be a positive factor.

Yes, strong demand at 4p. Looking for 4.5p next. Don't think Bres does "FOMO Fridays", but let's see if it does breakout tomorrow!

More generally, the encouraging thing is that we are still months away from the really big newsflow here, but in the meantime, the drilling results themselves (and the anticipation of the big newsflow) look like they will take us towards 6p. Meaning that when the really big news lands (JORC upgrade and DFS), it gives a chance of breaking that 6.5p level. Offtake news thrown into the mix as well. (The warrants might be a drag though?)

But clearly this is the level to load up at whilst it's still going cheap. All imo and GLA

I bought on anticipation and would have held and added, but for a lack of confidence in the BOD. It's not just the history of ovepromising and underdelivering, it's also the relative lack of comms and promotion of the company. If you are on the verge of a major inflection point, you just don't shy away from the market like this. There are companies who are nowhere near such an inflection point who do 10x the comms that this lot do.

If all is well in terms of the production target, then I have to say, the lack of comms and promo is a gross dereliction of duty by the BOD, especially when they have seen their share price tank. They are in a bull market for gold for pete's sake, so why are they hiding?

To me, this 'silence' is more consistent with an 'all is not well' or 'all is not going to end well' kind of situation. I will be amazed now if the next gold pour provides the inflection point, simply based on this factor. If not bad enough, then constantly in the background is that debt and deadline.

So much to fear as there is to anticipate here imho.

I meant "long" list of other companies...

There is no mention of any money being ring fenced in the AFR. This is just something that has been made up by Silverpompous - the chief resident ramping troll(s) on here. He/they are leading you all up the garden path or edge of the cliff with this nonsense. Ask them tell you which page of the AFR sets out ring fenced money and how much has been ring fenced?

Re the interview question, I do think that AH is boxing clever here by saying "current" activities are covered by cash reserves. There are no "current" activities because they are waiting on the drilling permit and have done all the work necessary to obtain the permit. The RNS has made clear that they will start site works and order long lead items AFTER getting the permit. They haven't yet hired Rig contractors. Again - how have they ring fenced when they don't even know how much the works are going to cost?

Finally - drilling isn't cheap. All companies raise at these junctures. So why is GEX going to be any different? They would raise even if they had enough cash to drill, because they will want to fund future works and have working capital. A major drill is the opportune time to raise. Look at HE1, MSMN, HEX and a lost list of other AIM companies and you will see they all place when its opportune to do so.

Volume is drying up and we are right back at the previous level where there was a gap. Could this be about to reverse going into the AGM?

Surely has to be bottoming out here - as its right back down to the level it previous gapped up from. Hoping we get a sharp reversal going into the AGM, or if not, once the share consolidation is done. Hopefully by that stage, the issue with various trading platforms will also be resolved.

200% rise just to get back to the recent high. Not a bad return for new entrants - but a bit of a shame for us early birds!

BG is going extra time on X today - and why not!

https://x.com/OrosurM/status/1945817344926003606

The strongest trends start with a gap up. Let's hope this morning's is the start of a run to new recent highs. Lots of sellers exited on the way down, which should leave the road clear(er) for buyers to come in and take the share price on a run. Lots of new buyers coming in already.

Could go crazy tomorrow. Sub 10p is easy money.

Good to see the demand at 4p - there can't be too much supply left. It has to be 3p placing stock, or other cheap warrants that we don't know about.

The April placing warrants have an exercise price of 4.5p, so I don't think they are to 'blame' for this mini pause!

Https://x.com/OrosurM/status/1945761054405148758

Check these out:

https://x.com/OrosurM/status/1945761054405148758

Https://x.com/PaulRenken/status/1945762579130827262

Anyone remember that hole at GGP that really kicked off their meteoric rise at Havieron?

OMI is at a great level on the chart to buy in at. Think it will hit 10p today and then not look back. The deposit is already worth $1 billion and growing. It is routinely giving out results that are better than anything I have seen. The kind that get the AIM herd into a frenzy. Just take a look at the tweet for the list of exceptional holes to date. The added bonus is that it's all high grade and at surface.

And this is not even the main deposit, but a "remnant" of a much larger and deeper feeder zone underneath. There are also other larger "remnants" nearby, waiting to be found.

IMHO, this is THE gold stock on AIM to go for. WSBN is a close second, but I expect that to fizzle out when they hit nothing, whereas this is the real deal.

Already at 200 trades. We will likely get the kind of volume we were seeing during the previous run up. The warrants have likely provided a cheap entry and a bit of a pause, but bid and ask starting to move. I think today could be the last time we trade in single digits - especially if we get strong action on TSX.

Truth be told, although I commentate on the share price as much as the next person, I am actually not interested in it right now. I wasn't when we were at 15p, nor when we went down to 7.5p.

Two simple reasons: I think there is a long way to go with the share price, and I want to see the story unfold at Pepas and El P.