Member Info for mercedesman

I hear a rumour there is an organised short squeeze going on by a small syndicate, must have got fed up with the muppets. No idea who it could be though.

can you smell the burning?

As much as I hope you are right, im more inclined to believe that previous infill drilling completed hit lower grade than expected, and as such more step out and infill drilling was required to get to the 50mt target. Hence the delay. Thats the vibe I got when Bernard answered questions on it anyway. Could he be playing for time, could the resource be bigger, yes, but expecting that is dangerous and will lead to a sell off on news if expectations are dashed.

I would urge people not to let there excitement run wild regarding the resource, lets see if we can achieve the 50mt tgt and re-rate accordingly before we start banding lofty numbers around : )

Back into the 0.4's, 0.5's soon

Cant believe i got 5.1m at 0.37 this morning : p

Its "to be finalised"

get in now before the official RNS's start flooding in!!!

0.4 on the bid

Bought 5m more, its coming home boys!

Offtake agreed at $750/t for 5.5

Great news, guarantees profitable mining no matter what

Have GBP stated when they are going to start drilling yet?

The rereate will be worth the wait 😎

The only thing that reduces the value of KOD is if the resource upgrade does not come in, dilution happens, or there is an issue with the mine. Since none of these has happened I see no reason but to remain positive.

Holders will come and go as the discounted value ebbs and flows, it matters not to me who else is holding golden tickets, so long as I have mine.

Looking forward to the start of mining, licence transfer, and resource upgrade.

True value will be reflected soon enough.

Just 30% rise for each of the above puts us at 0.87, and +20% when SC confirm theyre out and thats our 1p party 😎

One other theory. Does the amount that suay chin say they now have + the amount Hainan have = a specific amount, or exact percentage? If suay chin are selling to Hainan could it be a rounding exercise?

I dont know the exact numbers and im too ill to try, if someone wants to take that one on.

Only two theories i have at this present time as to why a backer with hundreds of millions £££ sells 3m shares (£14k) 🤷🏻

Its been my suspicion that Suay chin have been selling for months. It can be structured in such a way that the RNS’s can be delayed to allow an orderly exit. I would expect more to follow in quick succession now ultimately resulting in their announcement that they are out.

Example: SC place 3 trades one for 3,000,000 one to take the holding to 3%, and one for everything else to zero

Trade one is worked by selling 30,000 shares a day, this takes 100 days to be complete and does not have to be announced until concluded (todays rns)

At the same time the 2nd and 3rd trades are filled, say 5-10m shares per day each subject to volume.

While all three trades are being worked any threshold crossed does not have to be announced as none of the trades have completed.

I would image we will see another RNS shortly stating that the 3% threshold has been passed, and a final one to say they are done.

Speculation, but ive seen this in the past.

Then Licence is transferred and Hainan make a bid. Hopefully any bids are rejected at least until the MRE update.

Fill your boots imo, a settlement will at worst be double where we are, at best 1.5-2p in my opinion

Congrats to all the long term holders, great to see it moving in the right direction again. I hope 2025 is the year for GGP to shine

Stupid valuation, see you at 8-10p

“Notice how the newbies have disappeared having not created a pump and dump opportunity. Onto the next share.”

If this i referring to me, still here, still holding, still watching, still looking forward to results, still planning to go in heavy when funds allow.

Just because some of us dont need to engage in immature bickering all day doesnt mean we’ve wandered off.

This will be my only response you’ll get. The next post will be when we are deploying £ six figure positions.

10X Opportunity on a partnership being announced after USA meeting,

1.7-1.8 now. all aboard

Moving up 1.65-1.75

*1.675

In at 0.675 for half a million. Back to 2p+ imo