Member Info for Lukeytukki

what do you reckon we adding another zero to the price soon? I welcome it personally as i'd love to buy more cheaper and wait for the outcome of this.

And decent finds, if you go back six months to a year investors on here were looking for bonanza grades, which is rare, all you need is decent finds and in GWMO's case, which plays to its strengths, a way to make money to help tide things over while exploring. Giving attention to the spoils is a very sensible play here and will help long term longevity of the company.

I suppose the other way to look at it is to say, now is the time to buy... we have a crappy price, but news is beginning to turn.

I'm a bit amazed the price has slid this much, considering we went from having no finds.. to having finds... and then to having exceptional spoils. Its a bit odd. I know people were looking for bonanza grades.. but that is unrealistic for most prospects. Becoming operationally profitable should be the real goal here.

8 days discounting today.

Ahh, thats not due for another 8 days yet, the expected completion date on bloomberg is 31st. So maybe Monday 1st we will get an RNS for that. I figured there was something a bit sooner.

what is the deadline for?

What RNS are you expecting to drop on monday that will make this company a winner? (i'm new to this company, done some research and its accounts aren't exactly optimistic, but it does operate in a popular sector)

I'm just throwing it out there... the resolutions are available publicly and no one has been told they can't vote. You can instruct through your broker, or if you hold in your name, you can vote via form of proxy. If anyone doesn't have a form of proxy they should be available on the website or on the national storage mechanism provided by the FCA. Now as someone who works in stockbroking and has a tertiary role in helping facilitate these meetings, nearly every company I deal with is taking precautions, its not a tactic CB is using to hide. Its for the protection of everyone else, who are still have mechanisms in place to make sure their voices are heard at any company meetings.

When you hit rock bottom there's only one way to go....

At least that's the theory to work on.

I'd probably not being sleeping right either if I was sitting in his chair. Lots of assets to prove up, lots of potential excitement, results that could have been better, joint venture partners to find, reputational damage to repair from previous bod.

That presentation shows just how broad a company GWMO is and how many different battles and strategies Brian is probably having to fight and contrast at the moment to come up with results for us.

What do we make of these points on the spoil heaps?
A summer 2021 field trip revealed that the spoil heaps are materially more extensive than previously
calculated, with 51 heaps in total, potentially covering 14,000 m² (previously 38 heaps covering 5,000 m²)
• Processing may be simplified by producing concentrate and selling it to a refinery rather than pouring
precious metals in a remote location which has associated security risks

I think there is more to be gained from producing dor bars than concentrate. Thoughts?

First post to this board, thought I'd have a mooch since the company I work for has clients wondering about the financial strength of EasyJet.

To clarify, the record date is the date the company goes through its record of shareholders to see who is a valid holder of the shares. The ex-date is the date that draws the line on who is eligible to participate in the event, and who is it not. If you hold shares after the ex date, you qualify, if you sold your holding before the ex-date, you do not qualify. Simple.
Rights Issue, it seems to me that the company is raising funds in order to survive, this is why the price is sinking as its very much highlighting the companies own thoughts on its survival, especially if they are offering a what was a deep discount at announcement date. It smells of desperation.

at the moment*

It is a lot of low grade results, a lot of people have been on here hyped for the high grades that used to be produced. It the moment we seem to be a viable shallow pit operation, but the mentally of the investors on AIM is to chase the bonaza, not the long term strategy and strengthening fundamentals a company like GWMO has the potential to produce.

That’s the start of the dream, with more areas to expand on this!

I saw a good post by another LSE chat commenter ages ago. You should keep a list of the pros and cons of the investment as it progresses. Right now even though we are sitting in a delay, we still have to remember that we churning spoil heaps, have 100% hit rate for all holes drilled, have a good shot at economic viability and hired a director from GGP. I know the delay sucks but reflecting on these points helps.

Sure, These are couple of examples from the last 6 months or so.. its harder to find companies at the same sort of level in the same jurisdiction, but if you search for mining assay delays in google, its a fairly global set back going on.

Gateway Mining
Xtract Resources
Panthera Resources
Lexington Gold
OSUR Mining

The companies I watch mostly are:
XTR (low grade copper that has had confirmation of a conceptual open put... barely economically viable.. but room to increase its resources to make it more viable)
BZT (Another Colin Bird company)
ORR (These guys got screwed by IAMGOLD but then got back on track again, it damaged the SP a lot)
UFO (Operationally it seems smooth so far with a good team, but the price doesn't reflect it)

Shouldn't be that quiet on here, RNS just dropped saying the open pit is economically viable as a standalone, with options to expand its economic viability.

Wildly guessing here...

The companies I've seen facing results delays so far lasted for about one and half to two months. Since this was originally supposed to be last week of May.... I'm going to throw it out there that we should have results somewhere in the next two weeks. Hopefully we will see an optimistic rise in share price start again soon as day traders return looking for their sneaky profit to be had, especially with the amount of eyes watching this.