Member Info for LoggyLogbot

Very close to 52wk high, which is 72.57

Https://www.usfunds.com/resource/gold-goes-full-reserve-asset-as-basel-iii-elevates-it-to-tier-1-status/

Apologies if already posted

"Owning a gold mine that the biggest in the business did not want"

letsgetrich, take Ebay / Paypal as an example:

eBay decided to spin off PayPal into a separate publicly traded company in 2015. This separation was a strategic move to unlock value for both entities, allowing eBay to concentrate on its marketplace business and PayPal to pursue its vision of becoming a global leader in digital payments, free from the constraints of being tied solely to eBay.

Since the spin-off, PayPal has indeed flourished. It has significantly expanded its user base, forged partnerships with a vast array of businesses, and diversified its services to include areas like peer-to-peer payments (Venmo), business financing, and cryptocurrency trading. Its market capitalization and revenue have grown substantially, far exceeding its valuation at the time of the spin-off and arguably surpassing the growth it might have experienced had it remained a division of eBay.

This case illustrates how a business unit, while valuable, might be considered "unwanted" in the context of a parent company's long-term core strategy. Spinning off such a part can allow it to thrive independently, achieving a level of success that may not have been possible within the confines of the original corporate structure.

"None of us have experienced anything like what is happening unless you were a Northern Star early investor. "

Great post Bamps, I'm invested because I believe that this is genuinely the potential GGP ( GRL ) has.

It is now a grown up growth share and I think even though I've got quite a lot in here, adding / drip feeding into this as an investment over the next few years will be (in my view) a good investment choice. The transformation has been staggering and the future looks absolutely solid.

ASX Listing for Internationally Traded Companies: Capital Raising Not Always Mandatory

Companies already listed on an international stock exchange are not invariably required to raise new capital when seeking a listing on the Australian Securities Exchange (ASX). The necessity of a capital raise often depends on the type of ASX listing sought and whether the company can meet ASX's admission criteria through its existing structure and shareholder base.

Australian companies, or overseas companies pursuing a standard ASX listing, must satisfy either a 'profit test' or an 'assets test'. The 'assets test' includes a requirement for at least AUD 1.5 million in working capital. If a company already possesses sufficient working capital to meet this and its stated objectives, a new capital injection may not be needed for this specific requirement. Companies qualifying under the 'profit test' do not have this explicit working capital threshold.

A critical aspect of ASX listing is achieving a minimum shareholder spread – typically requiring a certain number of shareholders each holding a minimum value of shares. While often achieved through an Initial Public Offering (IPO) that involves raising capital, a company with a broad existing shareholder base that meets these ASX requirements might not need to issue new shares. In such scenarios, where a company can satisfy the spread requirements and does not need to raise funds, it may be permitted to list using an information memorandum instead of a full prospectus designed for capital raising.

BT:

"I offloaded some yesterday for .00721p"

No trades at that value 07.05.25. Although I'm not sure why you would lie.

The trade price is correct, I made a mistake with the date - what I can't believe is that you bothered to sift through yesterdays LSE downloads looking for my trade, haha. Surely you had some paint you could have watched drying instead?

Price: .000721

Stock Description: TM1 - Ordinary Shares of GBP 0.001 Each

"When Loggy, one of the biggest cheerleaders of all, is selling who is left to buy?"

If you read through my posts and understand them, you'll see I have been positive at times, but also posted regularly stating the precarious nature of the business. Cheerleader? That's bending the truth if ever I've seen it.

Hi Dusty,

I agree, I've simply cashed in bit to have a crack somewhere else for a while - if anything comes of what I've left in this then it's a bonus.

It's a shame as there have been many points over the last couple of years that just taking the right avenue could have made a substantial difference - the core idea is sound, Recyclus look like they've made huge progress, but TM1 is bleeding out. I'm awaiting some decisions about how they are going to address the issues face on rather than try to work round them before trying to add a few back in here.

I agree very much with the CRML comment - I've probably said before but I feel like this was TM1s lifeline, and the TM1 shareprice has been tethered to the performance of CRML - the "get out of jail free" card. But it's worked in exactly the opposite way, and is looking quite bleak now.

I'd sold a chunk when it did it's last big surge ( I think I got around 0.35p ) but got then got a few back at .009p as news started to look brighter - but I offloaded some yesterday for .00721p. I really wanted this to do well but it's so bogged down in issues that currently I can't see a silver lining. Lets hope for a substantial RNS with a proper plan rather than constant fire fighting ( metaphorically in this case! )

"269 watching the live stream now"

Has there been any smoke above the conclave yet?

Am I on the right BB?

I think squeezing every ounce of juice out of the mine is different to squeezing every ounce of juice from the employees!

Will Shaun arrive with a rucksack on his back and have to sign a carefully placed book with his finish time for this leg?

"the ask is below the mid (0.073)".

Are you hovering over that buy button again?

Https://uk.investing.com/news/company-news/critical-metals-corp-reshuffles-executive-team-locks-shareholder-shares-93CH-4062837

6. FRACTIONAL ENTITLEMENTS

Fractions of GRL Shares will not be issued to Scheme Shareholders and any such entitlement to a

fraction of a GRL Share under this Scheme:

(a) of 0.5 or more will be rounded up to the nearest whole number of GRL Shares; and

(b) of less than 0.5 will be rounded down to the nearest whole number of GRL Shares,

and the resulting whole numbers of GRL Shares will be issued pursuant to the Scheme.

"Gold down...GGP up....interesting action..."

Gold has been at a steady historically elevated level for about 3 weeks. It may be down intraday but not out of its recent range?

Good spot ChrisTypeR

6. FRACTIONAL ENTITLEMENTS

Fractions of GRL Shares will not be issued to Scheme Shareholders and any such entitlement to a

fraction of a GRL Share under this Scheme:

(a) of 0.5 or more will be rounded up to the nearest whole number of GRL Shares; and

(b) of less than 0.5 will be rounded down to the nearest whole number of GRL Shares,

and the resulting whole numbers of GRL Shares will be issued pursuant to the Scheme.

Https://www.miningweekly.com/article/trump-administration-fast-tracks-10-mining-projects-in-critical-minerals-push-2025-04-22

Ah true!

Sometimes wonder why they still do the buy backs the day before it goes ex-divi - may as well do double tomorrow!!

§ each holder will reinvest a sum equal to 50% of the cash payment due to them, by subscribing for new fully paid ordinary shares in the Company (Greatland Shares) on the fifth business day after approval of the UK Scheme by the Company's shareholders, at a market price based on volume weighted average price (VWAP) of Greatland Shares on the trading day immediately prior to the date of the share issue. The remaining 50% of the cash payment will be retained by the holder, including for payment of estimated tax liabilities in respect of the surrender (noting that the tax payable by each holder will depend on their personal circumstances);