Member Info for panman

PPP are suspended three months or so every year. Investors are well peeved with them. Don't think any other stock should be compared to them-unless its leni run of course.

Good to see the growth another contract in short order to fill the end of month news void would be good though imho.

They only had 85M warrants though? These had nigh on 90M shares traded just the last two sessions so must be limited the effect a few warrants could have had on the sp?

Market today reminds me of what I read on the Wall St crash. It wasn't just one day it was the years of bottom fishers thinking "now it must be cheap enough" and piling it only to join in with the losses that did the damage.

Not a knock on cpx I'm not deramping I'm holding just seems to be the same market dynamics today imo.

Chart of the Wall Street Crash..

https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929#/media/File:Harga_Saham_Wall_Street_1929_-_1932_menjunam.png

Not long to wait now then. Looking forward to the forward statements here end of month.

These finished on the high of the day above the 18dsma yesterday on good volume. On watch today see if the move continues.

Gotta say after the shenanigans with iqai this week its refreshing to see a director moving shares into an ISA.

Seems good news this a.m and must be substantial to the co. to be an RNS.

Anyone still holding?

If they're BRH shares wouldn't say it was love.

Looked up the independent directors who stated the deal was fair for BRH holder and stopped at the first one. Qu Li, believe its the same woman?

https://www.dailymail.co.uk/news/article-1213101/Dr-Li-1-6m-lover-shamed-Rover-boss.html

If so unsure how much her opinion is worth?

Thought their sale could harm..

FAB only own 4.4% of BRH whereas they owned what 20 M shares in IQAI.

If no one else would take the shares seems quite a good way out for them. Hobson's choice and and all that.

Be different if it was a case they thought could harm their holdings/equity in BRH but with the drop from 140p to 4p likely they've given up on a return there too imo.

There is another possibility re FAB imo. They're his kids and he's been promising them IQAI will come good for so many years even they've had enough and told him to arrange a sale at any price.

Not a particularly bullish thought that they've had enough but got a feeling most of the rest of us would have stopped believing our old man's bull by now if in their position.

So are you Corrumpo, Do you not know you can set up another business in about ten minutes for £50 or so?

"Yet another company" lol

Maybe best to ask truthfactory on that one bunsen as he appears to be more up to date on these new rules than I. To me it simply states that shell co's have three years to comply with any new rules so taking any pressure off the co. to make any changes for quite some time.

Don't honestly see any of us still being here if they haven't cut a deal in three years but guess stranger things have happened.

Reads that they have a 3 year transitional period. No surprise that London market would install a get out of jail clause.lol

https://www.hilldickinson.com/insights/articles/uk-listing-rule-reforms-proposed-new-listing-categories

"Existing listed shell companies will have a transitional period of three years to either complete their operations or make the necessary changes to comply with the proposed additional requirements for companies in the Shell category excluding the obligation to ‘ring fence’ investor funds reflecting that it would be impractical to implement this retrospectively. The three-year transitional period will start from the date the UKLR come into force"

Was a decent trading update though showing some promise which isn't reflected in the sp action of late.

29th to know for sure though?

Not the largest placing but does show the danger here now.

They've lent M3 helium all their funds but haven't completed the merger so have no revenue no matter how well M3 do.

Have to hope that one day they do merge and Mendall get more than the 6% they're due on the £500K loan as that's not likely to pay the bills or Nicks wages.

Must admit I wouldn't mind them exercising their 2p, 2.5p or 3p options, not with the sp currently sitting at 1p.

Was lucky enough to be a buyer at these levels so would be looking at a +100% to +300% uplift in the sp for them to be worth exercising obviously but fact is if they are exercised it will be because production has actually risen and more importantly for the 3p options (imo) AISC is well under control.

If they've only been producing 250 oz/month then that $1500 likely seems a sensible first target for their AISC imo. Likely they'll have to improve production quite some way with their initial low grades to beat that.

This was from SRB's last report-

"Whilst we have reported a consolidated AISC for the first six months of 2024 of $1,782/oz, this has been adversely affected by the lower mined grades"

They're aiming for improving down to $1300 as grades improve apparently so presume GRL will be aiming to follow the same path they've just got further to go.

Presume once they start underground things will improve considerably?

Promising tweet but what does "The company is on-track to establish its second shift and increase production?"

Have they given a set date for initiating the second shift and what level of production are they expecting with a double shift?

Answers on a postcard please.

Does seem to be their policy. Give billions away to green projects. Israel for its invasions, lunatic carbon capture plans whilst everyone else carries on building out their coal plants... think you get the picture and worst of all they got that stinking majority with only nine million votes. Reform got 4 million and they were only a few weeks old..

Stupid system we have here and its let in the Bolsheviks- our time to be the Soviets now or our children's at least.