Member Info for PaulFG

This is the second time recently I've heard Mike suggest that the funding could come all in one go rather than staged phase funding - you'd imagine he's only saying this because they've had some sort of approach on that basis.

Https://youtu.be/OMGFvBmAdhU?si=j6-Uk42_n4ZWX87g

I'm not totally sure how much a difference the DFS is going to make to the SP , short-term, we've seen with BRES it actually resulted in a sell-off. But in the case of SVML I think the bigger concern is around the RIO holding and the fact that basically it's a 180 day blocker on moving forward - it would be good if they were to confirm pretty quickly that they don't want to be the operator in which case SVML could move forward and deal with the change of ownership as and when it happens - but when have chips ever fallen as you'd hope they would.

I think this largely explains the current weakness in SP and why I sold out above 31p - but, probably like many others, am keeping a close eye looking for an opportunity to reenter.

GSCU is my speculative play for 2026. I'll admit I'm underwater currently, not by much but...

I'm happy I've been able to accumulate at around these levels for a decent sized holding. And given macro market conditions should GSCU deliver on drill results, and given they've 3 rigs-a-drillin' you gotta think Sam thinks the probability is on his side as he's burning cash and clearly the recent successful raise confirms his assumption.

I don't know if the London market, in this sector, will ever perform like AUS / US / Canadian equivalents and I know it'd be a big distraction for the BRES team, given the upcoming workstreams, BUT I feel Mike should investigate a second listing - if for no other reason than to increase probability that their hard work would receive better rewards.

Given the level of cash-at-bank right now I'd almost budget something to engage consultants to determine which market and at what level (OTC vs full listing) then execute.

@shepdave ditto it's also my 3rd largest holding (today) after GMET & BRES

But I've feeling when this one starts to move it'll quickly outshine the other two, possibly even combined.

Nice to see the support today - clearly the recent run of marketing activities by RV is paying off - for any of you that've seen him in action personally he really does come across well and his passion for the geology and wanting to explain it is really effective.

This'll be kept in the newsworthy public domain for the foreseeable for all the reasons MR has given this morning, and I'm very interested to see the results of the pitch battle in London this week - I mean if another project beats this I wanna know all about it.

- we've a rake of drill results which'll start drifting through soon enough - those at-depth will be particularly exciting

- a revised JORC, possibly doubling, next year

- the finalising of the financing for phase 1

- firming up of those non-binding offtakes

That's all potentially by end of Q1, which as we all know is traditionally a very strong quarter for the market anyway.

I'm very happy to sit on my oversized position here - never doubted Mike, but fantastic to have it all confirmed.

PLUS with Mike confirming that life of mine looks like about 100yrs - that's the timeline (and we've had the economics) that attracts the big boys in the sector - so would not be at all surprised to start hearing more about informal approaches etc.

Agree LW.

I had to reread the RNS, this result was beyond my expectations. I don't care about very short-term sp fluctuations, now the DFS is out and has delivered this result I expect to see BRES to attract some serious interest.

Sitting back, enjoying to ride.

Just listened to the podcast with RV - good summary to point new investors .

Interesting that RV sees the potential sp upside coming from Manna Hill and good to see their detailed timelines on drilling basically from Dec 25th.

I think the knee-jerk trader reaction to the RNS may be one of disappointment (perceived) they see numbers like 33%, 47% not 100% - expectations never match reality regardless of the delivery. SO these guys are exiting. As you say a similar cohort will exit on the DFA because they'll be disappointed with the NOV - regardless of what it is.

However, this all paves the way for the LT sticky, investors that know, to come in and reduce the free float.

I wonder if there's a correlation between the increased activity in GRX and the lacklustre performance here?

Thanks, LW. I don't disagree, but perhaps tad more optimistic.

@Legalwolf we're both in quite few similar shares. I'm just wondering have you ever looked at #GSCU? And what your view would be? It's quite early stage.

I see Stockbox interviewed Sam and John (CIO) at Swiss Mining Institute last week.

Apparently they're publishing the interview this week.

Posted this already but just stumbled on this interview now

https://youtu.be/zH7FmnIMkXQ?si=a-5linlpHwKuuwjz

Apologies if someone has

...I did say watch out for the appointment of a new corporate adviser...

Here's hoping the #SundayRoast guys listen in to the podcast next week so at least they know what they're talking about in their next update.

To be clear

there's about 50m warrants from todays announcement sitting at 4.5p, near enough £2.25m - if we get there quickly and they're executed all well 'n good. Doubtless, those funds will be very welcomed.

You can never guesstimate how many will be financed and not but you'd figured not all would be financed in the market, given who's holding them. Again best guesstimate.

Great to see so many are reacting with such positivity to this news today.

As Sam has said, 2026 is setting itself as a huge year for GSCU and hopefully we'll reap the benefits of this confidence we're placing in him and the company, alongside what could be regarded as the 'insider' buying this morning.

I always follow insider activity as the best indicator.