Member Info for share4

Hallo, my name is durbashi and I am finance controller in Qatar. I have a fund of USD$184 million which I am seeking to release. All I need is $600k and your bank details and the monies will be yours.

expat's "entry point" is almost 100% higher than mine

1.40p not £1.40
Long day

exp
the only thing I realised at about £1.40 is that with the level of investment that's gone into this company I should be buying a lot of these

But they have found gold, there's a JORC report on it, and it's more than £8m open pit.

I could have sold these above 2 easily, I don't really care what the share price does daily. There are 2 facts:

1 they've clearly identified the fact that this looks like a huge gold resource
2 the market cap is 8m

So why do I care about the share price movement? I don't. The gold has to come out the ground, when it does will it be worth significantly more than £8m. I would say so, yes.

Well well, looks like the bubble got popped over at BIDS. Still around Tony?

All the evidence so far points to the discovery of a significant gold resource in an area where other significant gold resources have historically delivered over a billion of value...

holding about 2.5 mill here

Greed and FOMO in play now, no telling where this is going to end up

I didn't get out when it was 1p
I didn't get out when it was 1.5p
I'm not getting out at 2 either

Inferrring over a billion of gold

Market cap 10m

ok

Market cap still low

Expb

Why does anyone need a "reality check" when the share price already reflects everything negative you've spouted and then some?

The story has changed from trying to find an entry point, to giving everyone a reality check

The share raised its own market cap less than 6 months ago! who needs the reality check?

How do you know they're not buying?

If you want to talk catalysts and I agree planning permission could be a driver - a rapid increase of people calling the necessity for its technology a world emergency is the prevailing one in my opinion. I think all bets are off on how the industry has previously operated given the current situation.

While we're on examples of companies, AFC energy completely f*cked at 4p managed to raise a month later at 20p

But seeing as it's impossible for a company to raise money above their current share price you have to ask Howdidtheydothat? Was it because perhaps between 4 and 20p, something happened to raise the valuation of the company? Could that happen here? No of course not according to the expert.

Well this company that is totally f*cked with no proven technology managed to raise 7 million 6 months ago. That also shouldn't have happened no?

As for that small plant

https://www.letsrecycle.com/news/latest-news/waste-to-gas-plant-revived-after-administration/

Indeed, but they still managed to raise 7 million last round, I don't see how they can get that much on the basis of hot air.

I'd rather follow the money than the opinion of some guy on a forum.