Member Info for PaulFG

Crikey, just how much stock is for sale at 4p?

In places like GB & Ireland there should be mass take-up of EVs - enclosed island communities - but the Governments have to sort out things like the charging infrastructure and battery manufacturers gotta do a better job on PR & development to convince punters that the battery will last a decent amount of time.

I'm surprised it's taking so long to break through 4p - it's not even that key a level imo. However, I took advantage today and picked up another chunk sub 4p.

@metal my experience has been exactly the opposite

No idea why the SP trend is reversing - could just be it was way oversold, especially given recent announcements - but very happy to see it continue. I think it's finally seeping, very slightly, into the wider market (probably triggered by Trump recent tariff announcements) just how critical copper is in the new future.

@Walter - that's the go-to sinking feeling/expectation we've been conditioned to receive - some excuse delivered wrapped in a vague bullish statement that delivers eternal hope - you gotta admire the craft.

I have stopped topping-up on the basis that the sinking feeling is starting to win over the hoped-for-delivery.

Stopping topping-up is the step before starting the exit strategy which I fear will be executed if there's another excuse because at the end of the day enough is enough and I'm acutely aware the definition of insanity is rearing its head.

LW

INDEED GMET have gone for an OTC listing but honestly i don't think it has increased liquidity. Volumes quite low and the large US investors got in with direct strategic private raises.

Anyway it seems Mike has ruled this out at least for now so it's an academic argument.

I haven't experienced great diversity/growth in the US shareholder base when a company has listed OTC, LW. If you have please let me know. Given the BRES team is quite small I think they currently have enough on their plate to cope with rather than dealing with that distraction.

@Swanny lol, ditto

I guess it's a matter of who runs out of steam first - the buyers (I'd pick up another tranche under 4p but I'm getting close to my 1% exposure limit) or the sellers?

Thanks LW - although 100% would represent a massive rerate. However, why he even went down that path I don't know. The Nomad is pretty strict about stuff like that.

All that said I haven't had time to yet to listen to it myself.

Just looking on X, was there a gaff where Mike indicated he'd accept a £20m bid for the whole project? That' can't be right, surely?

Clearly happy that my stretch-yawn-read moment this morning is not reflected in the market, all good points made after my post - taken onboard - obviously not a seller and looking forward to the newsflow flowing which'll hopefully keep the SP buoyed up in the coming months prior to MRE.

Perhaps this summer won't be a boring one afterall.

On first reading, comparing headline results to the previous ones these don't look great I have to say, but if could just be I haven't woken up properly yet, haven't seen the video yet:

Results from July 10th:

o 3.3m @ 1,115 ppm TREO (40 ppm Dy + Tb & 136 ppm Nd + Pr) from 36.5m (CBSC0013)

o 4.0m @ 1,106 ppm TREO (11 ppm Dy + Tb & 111 ppm Nd + Pr) from 50.62m (CBSC0008)

o 2.6m @ 896 ppm TREO (14 ppm Dy + Tb & 170 ppm Nd + Pr) from 54m (CBSC0014)

o 1.3m @ 1,230 ppm TREO (46 ppm Dy + Tb & 269 ppm Nd + Pr) from 25.6m (CBSC0009)

o 1.0m @ 2,937 ppm TREO (62 ppm Dy + Tb & 624 ppm Nd + Pr) from 26m (CBSC0010)

Results from Feb 25th:

· CBAC0206 intersected 9m at 1,690 ppm Total Rare Earth Oxides ("TREO") (354 ppm Nd + Pr and 36 ppm Dy + Tb) from 38m, including 1m at 8,082 ppm TREO (1,698 ppm Nd + Pr and 179 ppm Dy + Tb)

· CBAC0194 intersected 13m at 1,735 ppm TREO (491 ppm Nd + Pr and 17 ppm Dy + Tb) from 38m, including 3m at 4,142 ppm TREO (656 ppm Nd + Pr and 45 ppm Dy + Tb)

· CBAC0197 intersected 4m at 2,116 ppm TREO (465 ppm Nd + Pr and 12 ppm Dy + Tb) from 50m, including 2m at 3,089 ppm TREO (1,294 ppm Nd + Pr and 45 ppm Dy + Tb)

· CBAC0191 intersected 7m at 1,572 ppm TREO (343 ppm Nd + Pr and 12 ppm Dy + Tb) from 53m

· CBAC0199 intersected 4m at 942 ppm TREO (192 ppm Nd + Pr and 22 ppm Dy + Tb) from 15m, including 2m at 1,350 ppm TREO (280 ppm Nd + Pr and 30 ppm Dy + Tb)

So these were the results they announced May 2024:

"· IR 123 intersected 10m at 1,501 ppm Total Rare Earth Oxide ("TREO"), where Nd2O3 + Pr6O11 (Nd+Pr) totals 206 ppm and Dy2O3 + Tb2O3 (Dy + Tb) totals 6 ppm from 20m

· IR 234 intersected 2m at 778 ppm TREO, where Nd + Pr totals 167 ppm and Dy + Tb totals 16 ppm from 26m and 4m at 1,407 ppm TREO, where Nd + Pr totals 302 ppm and Dy + Tb totals 13 ppm from 48m

· IR 235 intersected 2m at 515 ppm TREO, where Nd + Pr totals 95 ppm and Dy + Tb totals 7 ppm from 22m and 8m at 1,279 ppm TREO, where Nd + Pr totals 318 ppm and Dy + Tb totals 13 ppm from 56m

· IR 236 intersected 6m at 968 ppm TREO, where Nd + Pr totals 208 ppm and Dy + Tb totals 32 ppm from 2m

· IR 239 intersected 4m at 945 ppm TREO, where Nd + Pr totals 190 ppm and Dy + Tb totals 22 ppm from 20m

· IR 245 intersected 6m at 820 ppm TREO, where Nd + Pr totals 171 ppm and Dy + Tb totals 15 ppm from 10m"

Another great plug for GMET vs Almonty from Feneck about 10 mins in

https://youtu.be/G80_dP_rABg?si=jEseFuWp_9I8CZyW

At this stage I'm semi-hoping this'll continue to drift into August back to the 70p area before the market returns in September in anticipation for Q4.

If that happens I'll happily double my position in August

Chaps I'm sure COBR mgt ain't sittin' around wondering when they should publish information - they'll get the drill results then have to review, reformat and publish in an RNS. I am CERTAIN they will execute as soon as they can.

According to a post on X y'day someone contacted the company and they said they were warrants assigned to brokers - there are no more remaining at that level.

Though I agree it's not good form that they weren't/didn't seem to be listed anywhere officially.

There was an RNS y'day Trek

Just noticed the new increased holding. I must say it's very heartening to see Pension Funds - with long time horizons - taking up so much interest in this company, especially given their aversion to risk.