Member Info for loyaltrader

Where did you get £6m from the lock in price is $1500 oz

Gold at all time high with an all in cost of $1814, GRL are starting to make some serious wonga.

Offer was 1.6p

Very low average , lower than the current market price. Im happy with the risk.

Once pads 6 and 7 come into action by October/November at a size of 170m just that addition will increase production by 60-80% with another lift.

By year end this will be producing minimum double once the pads are in action then what it is currently, if grades improve it will be producing triple then today’s announcement.

Now that civil engineering work is done and building materials are arriving in next 3-4 weeks it is getting ready to up its game.

500-600 troy oz a month after installing new pads based on low grades is worst case, just that will be raking in $800,000 gross profit a month, with grades improving it has potential to be closer to 1000-1500 oz a month.

Great opportunity and i look forward to a regular 500-600 oz a month minimum once expansion occurs.

Either way its very cheap down here.

Gets better for GRL, things will start to turn and market will wake up. Easy 3 times your money for anyone buying now imo. Hold for gold they say!

Harchris make sure to buy back in, otherwise you will be crying seeing this over 1p this year. 4 months to go yet and rainy season all but finished. Expansion funded and paid for will increase production further. This is a lifetime opportunity with gold at $3500

I believe this gold pour was only accounted for on week commencing 18th August, the July reported figures were already poured hence we had a final figure for 31.07.2025. This is a separate pour during w/c 18.0.8.2025

355.6 ounces of gold doré poured during the w/c 18 August 2025, with July already reported on, this looks very decent.

The market is going to wake up big time here. 1m buyer is about, bargain prices

Excellent summary, things are moving up very fast

Many had wrote this of, with gold crossing $3500 today and production increased since last report and circa $500,000 gross profit to play with for expansion, this shouldn’t be valued at £3.8m, it will be back over 1p again with funders arriving at 1p plus.

Also rainy season could last upto October going by previous years RNS, i can see an increase occurring once that stops on next pours.

They have the money to expand with gold crossing $3500 today, things are looking upbeat. The funding will come in over 1p with no nominal change.

“with civil engineering design complete, and awaiting construction permit, and geotextile and geomembrane liner ordered and paid for, with anticipated delivery by the end of September 2025“

Will be back over 1p before next pour, time to load up

Excellent News, moving back to pit 1, grades back at 1g/t, over $1.2m turnover based on current gold prices with gross profit over $500,000 based on cost per oz under $1900, check May RNS. They are fighting back and determined to achieve production goals.

“operations and gold production remain on a positive trajectory and we are all fully aligned and committed to delivering on our production goals. I look forward to updating shareholders over the coming weeks and months as we work to build further momentum through the remainder of 2025”

Should relist at over 0.2p with £10m cash and 5.28 bitcoins

Gone up today

It will destroy the price, still £8.25m to go, every conversion is at a discount

Its very sad that HE1 have gone down this route, how low will the next conversation be at is the question and the following

Zak is very positive on this, expecting gap to be filled in coming days

https://x.com/share_talk/status/1957890853952803066?s=46&t=hyFV2jqJn31yK-DNqMilDA

The face of it is good but the £10m funding still not approved and delayed till end of September from the previous guidance of a maximum of 8 weeks concluding this week.

FCA delayed to end of September now, was due this week

Yes its a serious offence as per FCA, how did the 1.6p offer reach ex chairman, was it through Angela? now voted out, and for him to open up on the inside information like that in-front of the public was mad i think. So many unanswered questions.

Message from the Financial Conduct Authority

Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse. This could lead to an unlimited fine and up to seven years in prison. If you have any information, concerns or queries about market abuse