Member Info for Legalwolf

KR - I don't think they have made advance payments, because they have said that only after they get the drilling approval will they secure contractors and order long lead items.

Personally, I still think this is just a normal pullback coming to it's end.

It could also be people selling out their positions with the brokers who are not allowing them to buy online, with a view to then rebuying those positions with a different broker? I'm sure at least some have done this.

But overall, still confident we are looking at a normal pullback/consolidation before resuming an upmove. So i'm a buyer at these levels for sure and another buy order will be going in from me. All imo and GLA

At least you can see your order, my buy order from yesterday didn't even show up!

I agree BigBench - there is no overhead resistance, so it should rip on positive results. GLA

Not all trades are showing on LSE - my buy yesterday was never listed. I wonder if this is also down to the broker issues, but can't see why that should be the case?

Anyone else not had their buys (or sells) show through?

Well done for finally filtering the trolls Sharetrader - should have done it months ago but better late than never.

They are NOT interested in having a debate or discussion, but peddling negativity for a reason best known to them.

No issues with buying, it’s just certain brokers. But gives the rest of us buyers an advantage I guess. For others I would say just put the telephone order in. Better than missing out on cheap shares. Hopefully these brokers will eventually fix the issue.

That’s fair enough. Resume trading is probably more apt than re listing.

Won’t be able to drill without raising cash though.

That's a very nonsensical reading of the paragraph. What it means is that they raised £5 million and that money has really helped them progress matters. Of course that is true, because "following" that raise, they have done work to progress the projects, with all the surveys, reports, site visit, etc. By January 2025, they had £1.2 million left in cash.

So who's the chump? You dummies can't even read the financials properly, and there is no helping you.

Silver/Pompey - prepared to have your pants pulled down when this relists and it couldn't happen to a nicer pair. Are you a pair though, or the same poster?

Anyway, nuff said from me, let's just wait and see what happens hey.

BT has a long history of over promising and under delivering. A lot of the hype and bluster just fizzles out. Weren't KAV meant to be in production by now?

What happened to the so called very promising drilling campaign for copper - so exciting that they have not touched it since.

It's going to take some actual tangible results, and it probably would have been better for KAV to have someone else at the helm, as BT has lost a lot credibility and believability over years of over promise and under delivery. All imo and dyor

Yes, large supply being flushed out. It will be some reversal this once it gets going, especially with all the sellers out. Wouldn't surprise me if it just registers another week with a triple digit gain.

The best thing for those invested is that this relists with a placing. The last thing you want is for this to relist and then end up with a sell off because of the AFR revelations. Then the placing will have to be discounted from a much lower level.

But without a permit, will GEX even be able to get a placing away right now? It could be some discount this, with warrants attached no doubt. But let's see. All I can say is that I'm very relieved to be able to watch what happens from the sidelines, and not have to worry about what might or might not happen on this relisting. Good luck to you is all I will say - you might need it.

Anyway, I'm not going to waste any more time on this. Let's just see wait and see what happens

They only had £1.2 million left by January 2025! So definitely going to be a big fat fund raise coming up over there - likely with warrants. But will Calamity even be able to persuade placees to back him to the tune of millions needed to drill? Or back him without first getting that permit.

"Legalwolf - so what exactly have they spent £3.8 million on in the last 6 months if the money's gone?"

Err... htf would I know? That's not for me to answer. Why not ask the auditors or the company. They have obviously spent it on something, otherwise it would not say only £1.2 million left by January 2025.

There are idiots on this BB who talk the company down. But there are also rampers who won't tolerate any negatives. They will totally make up stuff so that £1.2 million suddenly becomes £6.2 million😂😂😂

Don't trust ANYONE on here, including me. But as far as I am concerned, a massive placing is coming up here to pay for the drill, assuming GEX can persuade placees to part with their money ahead of getting the drilling money.

It's shifting sands all the time from a shifty company.

Pompey - it's YOU that can't read. Yes they raised £5 million in July 2024, but by 31 January 2025, they had only £1.2 million left. This is plainly set out in the Chairman's Statement AND it is plainly set out in the financials. The "cash and cash equivalents" on 31 January 2025 was £1.2 million. Furthermore, the company reported a loss of £5.4 million and liabilities of around £3 million.

So who are you trying to kid here?

Don't mean to rub salt in the wounds, but I managed to grab some more at 0.28p - well chuffed with that. I feel for those not able to buy, because it seems like the rest of us are able to take advantage of an opportunity that isn't going to last much longer. Everytime it falls below 0.3p, buyers come in and scoop up. There is high demand at this price level, you can see the size of the buys coming in.

The price is not going down as such, but making a pullback. You can see this pullback much clearer on the hourly or 15 min chart. Once all the supply is taken up at these prices, this will make its next push up, hence why I bought some more in anticpation of that reversal. Think this will close the week much higher, but let's see. All imo and GLA

Every previous occasion on which we have tested this level, we have then gone on to close below it the following day and then retrace. IF we maintain today's price, then it will be the FIRST time I believe that we will have had SUCCESSIVE closes above it.

Looking good to hit 30p this week simply on price momentum.

Silver - are you okay? Like seriously, how is GEX going to spike upwards on that AFR? Every non biased reader knows that GEX is going to do a huge capital raise, so why is anyone in their right mind going to buy when it relists, only to then have their holding sliced open by a low ball capital raise?

Surely everyone is going to wait now until the discounted placing. You love the company so much, don't worry, you can buy loads more at the cheapest prices you have had.