Member Info for rsproson

Undervalued. Dropped for no real reason other than he current climate. Unless someone knows something...

From the photos you can see they are drilling around 10/20 meters apart. Wonder if that means they have found something. I would imagine they wouldn't drill so close if the first was unsuccessful. Just my take...

Also I don't agree that the government will be shut down for the next 2 weeks - this will be classed as essential. Maybe the political side will be closed but the office work will be in overdrive working to fix the issue at hand. Do you really think at a time like this the government will just stay home and wait it out? Sounds ridiculous even typing that.

Surprised by the sheer panic in this stock. The whole market is terrible but the issues in Sri Lanka are not new. You either brace in for it or you don't. It is clear that Sri Lanka will be focusing on foreign investment, as the country itself doesn't have enough to get by. How long this takes is unknown, obviously, however I would expect this bodes well in the short term to get things off the ground and moving. It isn't ideal having to sit tight but the opportunity at these levels is fairly compelling.

Or a photo of a gold nugget. That would probably do us better tbh...

IPO was 390p - fair value here is probably 30p in these markets.

MCAP is now undervalued. We have a proven copper asset.

Bought some this morning. Market drop will recover through the day.

Yes that and the "sex appeal" RNS was definitely a turning point. Although the news flow here is fantastic when it gets going!

Shame this news has come out in the current climate. That said it will help to hold the price somewhat rather than yesterdays freefall across board. Focus on the positives. I had thought this would be nearer 20p and opened 30% up on news like that.

Revenue increased by 14%. 2m in bank . Low cash burn. Team has expanded. Market Cap is very low in comparison to other similar companies. The model here means they could unexpectedly reap rewards at any time based on a number of partners using their library having success. Until that point the company near enough pays for itself and is close to profit. The only thing we're lacking here is news flow. So patience required. I have taken a tranche down here and will increase if it goes lower.

Now we await a photo of a drill sample marbled with visible gold deposits to make the share price rocket.

... Someone had to say it xD

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Someone shared this on twitter - worth a listen https://www.youtube.com/watch?v=x5lH50U619k

Not seen a chart this bullish in a while, and people are hardly even talking about it... The herd are still to arrive! Looking forward to the drill rig arriving onsite for a very much, long overdue, rerate.

3 drill campaigns in one of the hottest postcodes in Australia for gold, simultaneously or 1 after the other. Certainly seems like a good place to be. As they say... "Got to be in it to win it".

GLA

Full ask paid, ticking up now. 2 drilling campaigns starting in the next 2 weeks.

When drilling commences and we start to see photos on social media of the action the SP will easily climb. We're very close now. After much delay.

At some point an RNS here will trigger a 10 bagger. Progress is being made. Report is good. Economics are good. It is only a matter of time until delays are caught up and everything comes together. At that point we will open much higher. Sadly timelines can't be trusted but things are progressing one way or another. I can see £1 happening here and quickly based on the right news.

Hard to ignore the volume here. Already traded as much as yesterday and we are only at midday. Chart is still looking bullish. Lots of buyers.