Member Info for PaulFG

@smkr the investor presentation - link at the start of this thread

Looking good and good to see the Shell loan finally being dealt with. Let's just hope it is signed in Q2025 with no more delays so we can move forward.

No worries, Spondy, happens to the best of us.

I don't know what share price chart you're looking at but you certainly cannot buy the shares for less than 25p in the market!

The BRES Board members have sent a message today.

Received.

No need for further comment.

Not a huge amount of new data here about the project - LTHs will almost know this stuff by heart at this stage. Agreed, he intimated drilling to start mid-Dec, just wondering if it'll be impacted by the festive season. By the sounds of it the rig has been insitu since August and I'm sure they've been paying for it (£££). on the $1.8m cash balance, I don't know why but I'd thought it was more, probably just an error on my part.

So FID Q2 2025 - let's see. I don't expect many shocks given they've given the economics so many times, it's probably be more a matter of what the global economy looks like, commodity prices and the usual offtake stuff.

Personally, I'm happy to wait until drill results (likely end of Q1) to see what it looks like. But could well see the price supported, though probably not rising, now at these levels. I don't envisage any change in sentiment from new buyers right now (and that's what's needed), given all this sounds so familiar with tinges of deja-vu.

The other thing I didn't really like was none of the main people seem to be based in SL - senior management in Perth (!?!?) I can't really take remote management that seriously, especially given the history of f**k*ps here.

Let's see what Q1 brings...

Very encouraging to see that the 25p warrants are being exercised already - 2m today.

I mean given it's basically a gold producer at this stage I'm head-scratchin' as to why AMRQ continues to raise significant sums in the market - always great they are able to do it and at-market, but I mean it's a hair's breath to being revenue earning.

I agree definitely movement in the right direction, but as you can see not enough to attract sufficient new buyers to significantly move the SP, at least for today. It needs to attract NEW buyers not just existing ones topping up.

You simply have to ask yourself what are the datapoints that'll land new investors, especially given the last 4 yrs history here.

It'll be newly defined JORC - honestly I think even at double it's still a very small resource. Great margins, perhaps but on small volumes... So they really need a big JORC increase .

Financing sorted and signed - not just we've run the numbers again and applied new techniques and this is what we believe now.

A signed, sealed and delivered OFFTAKE - I don't think I need to rehash the whole mess they got into on this just this year.

Even then you're competing with big global companies/projects in this space so there are big opportunity costs for investors.

Look yes potentially good step in right direction, but if you want a sustained rise you need new investors or old investors like me returning. I continue to remain out until I see some concrete progress.

This market ain't rewarding mediocrity, or hopes and dreams, heck these days it doesn't even reward concrete great datapoints sometimes...

LOL

Everything's a 'no-brainer' when your book is positioned that way.

Too many 'ifs' to make this a no-brainer yet, it was a no-brainer 4/5yrs ago too...

As you say a positive RNS on potential positive outcomes.

I still need to see a massive uplift on the JORC resource to make this a much bigger project to make it worth re-entering. Let's see drill results next year.

But good you guys will have a happier Christmas ...

Yes decent £££ raised and the discount wasn't horrendous. And not bad operational news too.

Some decent copper grades in this RNS. All bodes well for the upcoming revised resource.

If you're a contrarian now would be the time to buy, I guess, if you feel there's enough upside to warrant the bet (something y'all felt was the case not so long ago).

...tide turned then...

Like OF I've been going on and on about Tungsten for about 6 months and suddenly (though perhaps not unexpectedly) I'm starting to get engagement on the conversation. I even had a contact reach out that a researcher in a Family office in Canada had recently been instructed to research Tungsten.

SO not surprised we're seeing the slow return to the highs of the year.

Nothing in that entices me to buy back in - still too much wink wink nonsense. I'll await hard evidence - no need to rush in here. If there's any news, the sp is so low there's plenty of time and scope to get back in at a decent level.

Looks like the trenching has been completed just as the first snowfalls arrive. According to GMET X: 'strong carlin-type alteration, mineralization and veining noted in several trenches over extended intervals.'

We can add this to the list of anticipated lab results we're expecting in the upcoming months - will be nice to hear about gold too, given GSachs predictions of $3k price in 2025.

LW so many things you're concerned about it here, lol, just as well you're not invested.

Can't think of any shareholders that would have asked such basic questions