Member Info for PaulFG

Last newsworthy RNS / update was April 16th. There MUST, surely, be an update coming soon!?!?!

All the current testing seems to be going pretty well. I think the next major step will be to try and define a JORC resource - if the market doesn't wake up then (if it's a reasonably sized resource) together with the economic indications, then I don't know what...

David's words: currently best rare earth project globally.

Very interesting reading this morning. Sounds like Mike needed this tick in the box for something he has in mind:

"While the full scope of all the benefits this accreditation will bring is still being explored, it immediately elevates Orom-Cross status within all 14 MSP member countries and their networks. Blencowe will now work closely with MSP members, and specifically the Government of South Korea, to explore new funding avenues, offtake agreements, and additional opportunities to advance the project."

Interesting interview on stockbox this afternoon with OF.

Over particular note for me was the fact that they're going to be spending a lot more time trying to lure American investors and they envisage the US OTC market to lead the stock price.

Also not sure if they've completely decided on their strategy on Garfield. Sounds as though there may be interest to JV it out to hasten exploration. Personally I think that would be a shame at this stage. I'd at least like to more inhouse drilling before going down that route.

Indeed - continued insider buying. Excellent.

A slow creep upwards, you'd hope that sort of rerating is more sustainable. Also I think Rupert's message is slowly starting to seep outwards and we've also had to allow a decent period of time for investors to realise this is now more a REE play than gold, and then get their heads around the fact that it's not untouchable, like about 90% of the REE plays out there, because of ISR results...then get their heads around what the blazes ISR is.

SO perhaps, just perhaps, with each interview/RNS that message is gradually seeping out.

Not the mention the very bullish signals given from insider buying - that actually has to be the biggest incentive for me.

WRT share price reaction I guess there might be a number of issues:

1. Drill hole by drillhole we're adding to a 'possible' resource augmentation, and although the headlines include very, shall we say, tabloid grabbing words the actual analysis (numbers) don't quite match, and the best numbers are not in huge intervals. But we have wait until it's all analysed as a hole to see what it means overall.

2. Yea they've confirmed there seems to be a porphyry system, but it doesn't really appear to be that exciting - I definitely could be wrong here - but that was my first impression as I completed reading the RNS. I mean, molybdenum-rich mineralised porphyry system means nothing to me, that's the problem.

This is still all concentrated on PM and I would like to see something on Garfield. All the previous work, the measure measure stuff, seemed to be delivering really exciting results but the actual component analysis may not be matching what we as investors had in our heads, as to possible outcomes.

Diversification of potential drilling projects may help to reduce risk here, or volatility of share price.

On a more positive note:

"... launch of a price assessment for US graphite flake. This new pricing benchmark aims to provide greater transparency and reliability for battery manufacturers, graphite producers and investors."

https://batteriesnews.com/us-graphite-demand-projected-to-surge-more-than-600-by-2034-fastmarkets-introduces-regional-price-benchmark/

I think Rupert indicated he'd like the scoping study completed by year end (?). or have I got that completely wrong?

"These extremely pleasing results highlight the advantage that the Boland Project's unique geology presents compared to peers globally. They support a future operation that could produce critical heavy rare earth metals sustainably and from a cost base that could be competitive with the lowest quartile of REE miners globally. As a Company, we do not make that statement without strong supporting evidence."

Hoping they create a technical video to explain results.

I could perhaps live with something a little less special with a little more market recognition, lol

It would be good to see a little bit of sustained upward momentum ahead of Mike's next exciting, game changing, announcements he hinted at in the recent interview.

I agree, the language used is 'extremely' upbeat, but this has been backed up previously by heavy insider buying.

Looking forward to upcoming RNSs: ' Our metallurgical tests are nearing completion.'

Fingers crossed, he ran on an anti corruption platform. But he is a Marxist leader...so let's see.

The Sunday Roast. 54 mins in: https://www.youtube.com/watch?v=Mn0F35L67_Y

Draw your own conclusions.

So one of my scenarios - exercise of warrants - actually crystallising - see RNS

There's no good accurate answer to that type of question - IT DEPENDS... on oh so many things that're going on in the market at the time.

I think JORC is an Australian term - the US use something different.

This could also have absolutely nothing to do with GMET - there could be specific UK factors at play here.

The UK Chancellor has permitted all kinds of rumours to circulate ahead of the UK budget on Oct 30th, including a rejigging of CGT , messing around with the pension 25% lumpsum tax free allowance - people are booking profits, crystallising assets all over the place in the UK right now and GMET could also be suffering given the amount of profit many people had built up here already.

There are basically too many factors to consider to get to grips with this huge move down the last 2 days. But keeping eyes on the horizon I don't think much has changed fundamentally for GMET.