Member Info for Professor1

Those forced to sell will be gutted

Starting to go back up

Hold tight

I topped up 5 mins ago. Classic drop

I may be talking completely nonsense here but,

Is it possible that the last fundraise is a direct result of the co talking to the big boys in the background

Do the big boys have a pretty good idea of what hole1 and hole 2 are all about and is it them who have requested the co to produce more drill holes before they decide to forge a jv

Agreed PK73

They are not going to write off $6m we have already spent when they know the probability of success is very high , they would not have taken the case otherwise

Also, from the accounts

"Strategic options to be benchmarked against lean run-off operating model"

"Looking ahead, we are committed to restoring LCM's track record of delivering value through a reinvigorated focus on active management of case investments, a cornerstone of our historical success."

Looks as though going forwards, they want an active role in the cases they have taken on. What do you think?

@GGG

From AI

Breccia pipes, quartz-carbonate veining, and sulfide alterations are strongly associated with high gold anomalies. These features are common indicators of hydrothermal gold mineralization in various geological settings.

Here is a breakdown of the specific associations for each feature:

Breccia pipes

What they are: A breccia pipe is a cylindrical or cone-shaped rock mass formed by the fracturing and fragmentation of pre-existing rock, with the space between fragments cemented by a fine-grained matrix. They are created by the explosive release of overpressured fluids, often originating from a magma chamber.

Association with gold:

Fluid conduits: Breccia pipes serve as high-permeability conduits for the rapid upward flow of gold-bearing hydrothermal fluids.

Pressure changes: The rapid pressure drop and cooling that occur during the formation of a breccia pipe cause the gold to precipitate out of the fluid and deposit in the pipe's matrix.

High-grade zones: Major gold deposits, such as the Buziwan and Ardlochan projects, are hosted within breccia pipes and associated structures, often containing significant and high-grade gold mineralization.

Quartz-carbonate veining

What it is: These are networks of veins containing quartz and carbonate minerals that form when gold-bearing hydrothermal fluids are channeled along major fault systems or other zones of weakness in the Earth's crust.

Association with gold:

Metamorphic origin: The fluids are often aqueous-carbonic, derived from metamorphic processes.

Precipitation mechanics: Changes in temperature, pressure, and chemistry—such as the mixing of fluids or boiling—cause the quartz, carbonates, and gold to precipitate together.

Ore deposit type: This association is characteristic of orogenic gold deposits found in ancient mountain belts, where veins can be extremely long and deep.

Variable grades: While veins can contain high-grade gold, some deposits also feature less-mineralized or barren veins from different fluid events.

Sulphides alterations

What they are: Sulphide alteration is the process by which hydrothermal fluids introduce sulphide minerals, such as pyrite, arsenopyrite, chalcopyrite, and galena, into host rocks.

Association with gold:

Gold "host": In many deposits, gold is not visible but is trapped as submicroscopic or "invisible" particles within sulphide minerals. Pyrite and arsenopyrite are common host minerals.

Fluid-rock interaction: Sulphide precipitation is part of the same hydrothermal process that concentrates gold. Changes in the fluid chemistry cause the sulphides and associated gold to deposit within the rock matrix and veins.

Economic significance: Gold-bearing sulphides are a major source of ore, though extracting the "invisible" gold can require specific processing methods, such as pre-oxidation, before it can be leached.

Zoning: In some cases

Nice small top up for me just now

GLA

Indeed, moving back up just like yesterday.

Fact remains, co has solid projects and the plans are big here.

Super RNS. We said this would follow naturally.

Next will be the RNS covering Asia and I would not be surprised if they are not already in discussions

GLA HOLDERS

@Nettles

Valuation makes sense

GLA

"Oracle Power PLC (AIM: ORCP), an international project developer, is pleased to announce that it will proceed with its exploration plan at the Blue Rock Valley Copper and Silver Project ("Blue Rocks" or the "Project") as detailed below. This follows the positive results from the maiden geochemical sampling programme announced on 4 July 2025. The programme highlighted number of strong anomalies across the Project over a strike of ~2km, which remains open. The Project is located in the Ashburton Basin, in the northwest region of Western Australia"

10% up now, this should explode upwards

GLA holders

@Offmessage

I disagree with your statement "share of any potential profits, so a high AISC will directly impact Oracle"

As per RNS, it's 50: 50 share of "OPERATING PROFITS". FOR A MINING COMPANY, FUNDING COSTS DO NOT FORM PART OF AISC AND HENCE OPETATING PROFITS WHICH IS THE BASIS OF THE SHARING RATIOS. SEE BELOW:

Funding cost (or financing cost) for a gold mining company is generally not part of operating costs or general administration costs but is instead a separate financial expense, often excluded from metrics like all-in sustaining cost (AISC), which focuses on operational and capital expenses at the mine level.

GLA

@Quant

Absolutely spot on. Will keep on buying the dips

GLA

SOON

GLA

Looks like we are moving up up

5,807,363