Member Info for PaulFG

You think updates here are rare, try being a shareholder in AFP!!

Looks like a news-rich period on this alone up to the end of the year:

"The Company aims to incorporate drilling across at least two of the defined target areas within an initial Mineral Resource Estimate. The following key steps and indicative timeline highlight the Company's strategy:

1. Acquisition: May-25 - completed

2. Sample Re-analysis: June-25 - September 25 - completed

3. Diagnostic metallurgical testing: October 25

4. Assignment of Native Title Mining Agreement (NTMA): Anticipated completion October 25

5. Stakeholder and community engagement: September-October 25

6. Final settlement and transfer of tenure: November 25

7. Environmental Permitting and approval: November 25

8. Aircore drilling: December 25"

'...small caps can rerate very quickly when they get going...'

True but it doesn't help when we're hurdling into an expiration of over 100m warrants in the money...

I can only hope we're in a better position when we next raise and don't have to issue warrants.

Either there just isn't much to update us on or mgts attention is elsewhere...GRX...

At BC he said 'hoping' for Sept.

OFF-TOPIC

@drewton not a gold play, but graphite - awaiting final assays before scheduled DFS in Q4, major resources in Uganda - BRES.

Enjoy the research.

Every 0.001p being fought hard for...

I swear if I see an RNS for a raise this time that's it for me.

Quite difficult to understand at times, but about 20mins in she predicts within the next couple of years we could see the rare earths market explode the way Lithium did in 2022

https://youtu.be/U0MQDF_2pfo?si=Gi6UJsE2oVM0dqh-

For what it's worth, and obviously this only holds for this exact moment, I can easily sell at least 1m shares at the bid right now - obvs not actioning that - but bodes well once the bid decides to move.

This reminds me of GMET potential 2 yrs ago, but

- Nevada is a much better mining jurisdiction

- The US government is way more proactive with strategic resources

- Tungsten processing 80% controlled by China, copper ain't

- it took GMET 2yrs to get anywhere near the current GRX valuation with a US listing.

I'd love to invest here but I think it's way overvalued at the moment but clearly sentiment on its side probably in no small part to the mgt team.

Definitely on the watchlist though.

Just listened to an interview with Sapan for another company he's heavily involved with, GRX.

I have to say it always concerns me when I see mgt very active in another company, especially at a time of required intensive activity here in SVML.

Maybe nada, but at a time when interest from RIO may be on the wane we require a lot of attention to drive SVML forward.

12 working days and we're in Q4.

It was the clarification. Not disputing that it was clearly his decision to buyout POW.

Incorrect.

The Duquense family office is.

Suggest you read the RNS published sometime ago.

https://www.lse.co.uk/rns/GMET/new-substantial-shareholder-qu7shmnyqi6liui.html

We're now into mid-late September, you'd have to think drill results must be imminen (7-10 days).

Given MRs assertion that DFS is due front end of Q4, to have any hope of meeting that deadline I'd expect them next week.

Of course MR has been so wrong about DFS timetable before, not without explanation, which is worth bearing in mind.

So next week could be pretty exciting.

I'm afraid it's pretty obvious that AMRQ is failing to catch investors imagination, currently, not helped by production downgrades by the company, even for the best long term reasons.

I don't think this is going to change in the short term until we get some unqualified good news, drill/production results. Until then I fear we may be stuck in a tight channel with the potential of a downward bias.

@richyrich thanks for the summary. I'm afraid that when people look at the potential number of warrants due to be exercised by the end of this year, barring truly earth shattering news it's definitely going to prove a drag on the SP for the remainder of the year.

It's going to pause any potentially new investors and probably encourage profit taking from existing ones, which we've seen this week.

The worst of all cases being the SP is pushed back below the exercise price and the ruddy things don't even get exercised. If they get exercised early all the better, I'd like to start seeing RNSs pretty soon if I'm honest and I think that'd also provide some comfort to the market.

So until Dec I'm not sure the SP is going to be able to run free.

Of course, if we start getting outstanding news, by which I'm not referring to technical ones that we've seen recently but ones which provide possibilities to imagine JORC, or in the case of Manna Hill drill results that provide unbeatable grades for copper, then we can see the possibility that sentiment simply sweaps aside warrant concerns.

I guess you can only exercise those options in certain periods too, so I guess they are aware of the plethora of news items about to drop that'd preclude them from exercising. Gosh I'm definitely sounding 'rampy' today.

Have to stop buying this share.

Given directors just put money IN rather than taken OUT I think anything up that level, 6p, is a buy today - that's what the Directors are saying.

NOT that I think we'll get there today, but anyone buying at these levels should probably take enormous comfort from that.

Having got over the initial eye roll this morning, looking at the Directors commitments at 6p

- Cameron Pearce £50k

- Sam Quinn £10k

- Alex Passmore £10k

- Mike Ralston £20k

- Iain Wearing £10k

This influences me more, especially CP &MR investing £50k & £20k at sp 6p so I've taken another chunk this morning whilst it's still sub 5p.

I'm always led by Insider buying.