Member Info for maddogmcree

Not gonna lie - had hoped share buyback and record gold and silver might have move dial north today ☹️

Took a little punt without doing research other than the two pending deals - paid 1.5p

Might not be everyone’s cup of tea regards managing cash but last year the buyback did double the share price from 80p to £1.60 here is hoping for a similar outcome

The company did a share buyback which did help the share price. We will have revenues from the second mine come the end of the year- if not dividends or share buyback then acquisitions would be the next best step as money in the bank is not best use of same. Just my opinion of course

Whilst reporting all the cash generated and no debt - a little dividend payment would not have gone amiss.

Impact of mine closure already known, reported and end’s. It’s the future plan regards cash flow /.dividends and opening up the other mine that will impact on share price. No matter what - still a cash generative mining company. Just need 12 months with no dramas please

If it drops again tomorrow I’m gonna buy more

From my perspective, I look where GMS was just 18 months ago regards gearing / debt. Despite Seafox reducing its holding the share price has in the main remained stable. The debt has reduced significantly and as such loan / interest costs have also reduced. The fleet remains in high demand - new contracts evidencing protected revenue streams. I personally believe that we may begin to see some interest from other hedge funds as GMS future prospects begin to come to light to the wider Market. If we maintain the same trajectory over the next 18 months I will be very happy. Good luck with all your investments.

Very nice update - Blue day ahead 😀

I guess it depends on whether you think TRUMP putting tariffs on goods entering USA from China will impact on a mining company - where does GFM export GOLD Silver Zinc Iron. Whilst I think TRUMP will not be able to influence these commodities the whole world sneezed last week when the tariffs were about to be implemented.

I think Trump gave the word 90 days to come up with better Trade terms -- Europe will buckle but I doubt China

Nice headline RNS

Sorry meant to say basically meeting expectations and importantly bringing debt down with future revenue secured

Agree - no surprises- doesn’t no what it said on the tin - debt reducing - just a little surprised with early market reaction

Bought another £2k - happy with my investment and will wait for the current dust to settle

Must admit I am getting tempted to buy more. If this drops below 15 then I’m buying more

I was shocked myself to see Blue - not gonna complain 😎

Dread to think what would happen if we miss a growth quarter

Initial Market Expectations

1 FY2024/25 market expectations as at the date of this announcement of £35.1m of revenue and £7.2m of profit before tax.

Updated Expectations

Revenue and Profit Before Tax for FY25 are now expected to not be less than £36.0m and £7.5m respectively.

I am hoping they can beat the updated forecast.

As did I

The fall I feel is market led and not company led

At the start of 2025 we had over £100 mill in cash with increased revenues and profit forecast £20-£30 mill and the current market cap £150 mill - crazy!!! If as they say we are going to meet forecasts