RE: Response to Share Price Movement17 May 2025 14:31
It is so heartwarming to read a bulletin board where fellow investors show some much concern for the welfare of other investors. Taking time out on a glorious weekend with the sun beaming down makes it even more touching that these fellow caring investors are warning against investing here. Just as you realise that Santa isn't real. You begin to realise all is not as it seems. After last week brutal drop of nearly 75% which was way over done. A recent fund raise was completed 2 weeks ago raising £660K, which a further £2.4 million raised since November 2024. EME had a 52% interest in the Wilson drill and as such were liable to 52% of the costs of the drill which were £675000. It doesn't take a genius to work out that still leaves a balance of £2.3 million net to Eme minus 52% cost of the DST which I cant see costing £2.3 million. The share drop last week was over done and with Mako GSA, Farm out and FID due this could easily multi bag. Now the scaremongers on this board are desperately trying to keep the price low so either they can buy in cheaply or to protect their short positions. With the recent fund raise it seems as if we are fully funded until the MAKO news which is due and this could potentially multi bag the tide could turn. I picked up another 20 million shares yesterday. GLA and enjoy the sunshine