Member Info for natemc

This company is dead in the water now. Only a matter of time. Such a shame, and unfortunately it will only be common shareholders that feel the brunt of it. Panagraph will pick this up from administration before the end of the year.

That was a great rewatch - I remember watching it when I initially invested here only days after the IPO - alas I had forgotten just how much was promised with the initial £6m of funds. It couldn’t be any clearer from listening to this, that the majority of the IPO funds have been spent on TSG and the novel graphene material we were developing - which Shishir is now trying to asset grab and keep in the family. This is in clear breach of market rules and I’m now more convinced than ever that we could end up suspended at any point if indeed a disgruntled major holder decides to pursue this via litigation.

Shishir’s just sounding desperate now

No, they're not. They are clearly sells.

Part of the reason for this mess is because it's Shishir's way or the highway - as our recent non-exec's found out - and look where Shishir's got us. The new board composition is a joke.

And to top it off, Peruvi now becomes an exec board member - the current head of investor relations. Tells you everything you need to know about her capabilities. Total shambles and family affair with little regard to their shareholders. Wouldn’t surprise me to see the £1m now raised via CLN just to add further insult to injury.

Ahh, cheers Andii - I’ve only been lightly following this company so wasn’t aware of that.

Placing @ 3.75p - 65% discount - this is going to crash the SP hard. Wow. These markets are brutal.

Nice potential asset, and nice RNS. Coni’s cash strapped though, only fumes left at last reporting so won’t be buying in here until post capital raise.

Dropping like a stone now, this will not climb again until post capital raise.

I called this out months ago. There’s a reason why the SP is where it is, and only going lower. This is a family grab - no doubt about that.

A one time post from me here, just looking in off the back of the rise and subsequent news.. I will never invest in a share that’s leaky, regardless. One thing to bear in mind, is that Minchin was also at HE1, and that was about as leaky as it gets. This news just proves that the BOD cannot be trusted. But good luck to those of you invested.

Another sell through, this time £91k at 11.5p.

Thanks for posting, I hadn’t seen this. Very encouraging development's coming from GWMO - future looking bright here.

Company position is clear as per the below:

“The net proceeds will be used for completion, commissioning and start-up working capital at the Company's Western Milling LLC, joint venture in Nevada, which is constructing a mill for production of gold and silver concentrates. Funds will also be used to continue the Company's active ongoing exploration programme for gold and silver and at the M2 copper prospect.”

Not only are we funded to first revenues on the process mill, we’re also funded for further exploration on our Porphyry Copper assets.

Ignore any attempts to create doubt by those now regretting they didn’t buy in at the bottom when they had the chance.

Nate

Great update this morning :-)

Very exciting year here for GWMO - been a long time coming.

Some piffle on here this morning, with attempts to create a narrative of the company requiring funding.

Company position is clear as per the below:

“The net proceeds will be used for completion, commissioning and start-up working capital at the Company's Western Milling LLC, joint venture in Nevada, which is constructing a mill for production of gold and silver concentrates. Funds will also be used to continue the Company's active ongoing exploration programme for gold and silver and at the M2 copper prospect.”

Not only are we funded to first revenues on the process mill, we’re also funded for further exploration on our Porphyry Copper assets.

Some nervous short positions being exposed here with all of the FUD attempts - ignore the noise and focus on the facts, communicated by the company via regulatory channels.

Best,

Nate

Small delay for good reasons, and with good reported grades today. £7mcap is silly - this is fill your boots territory ready for an outstanding 2024 - bring it on.

Impossible and dare I say, silly question coffeecups - far too many variables which you are all to well aware of, or at least ought to be.

The price in a way is irrelevant, as it will be far north of the current (absurd) valuation, given we will be revenue generating imminently.

Coffeecups,

AIM miners do not all need to raise to stay alive - that’s a very generic statement.

Non-producing exploration companies clearly have to raise to fund their work.

Here, we have a company on the cusp of production with sufficient capital until first sales of concentrates.

Very exciting times for shareholders here and we can all agree it’s been a long time coming for GWMO. Very much looking forward to seeing this company go from strength to strength in 2024.