Well not much will be offered as it’s not an operating mine, so it’s not making money, it’s in 5 million debt, and there are known logistical issues for transporting the coal when it is actually mined!
Wasn’t the company already paid 3 million! And they didn’t even use it to pay down the debt! Not even sure it appeared on the accounts! I should have listened to everyone saying how dodgy this company was, as I lost big time.
Well there have been many more large sells than large buys recently so the large shareholders haven’t been able to stop the slide! Need a spell of good news to ignite it.
Been a lot of sells the last few weeks, hence the state of the SP. Got to ask yourself why people are jumping ship at big loses. A big loss is better than losing everything, which is highly possible with this company!
RE: Good buying disguised as sells10 Jun 2026 09:43
Yes my buys have shown as sells lately. The SP has not really moved and I think maybe there is a large sell being worked through or just lots of shares available! Hoping it might creep near to 4p pre permit news!
I don’t personally see 8p being the new base. I’d be happy with 5p, which it should get to after this period of consolidation and then break through 4.5p resistance. If TTF prices have a big rise then who knows. Certainly better to see the share being discussed more positively and higher volume days. GLA.
The pumped work as someone offloaded 5.4 million shares! I’d love to see this rise 100% in a day but I just don’t see it. This year shows the company really doesn’t care about shareholders.
Thought 2025 would be a positive year!22 Jul 2025 17:57
I can’t believe the lack of updates and progress this year. I honestly (stupidly) thought this year was going to be a pivotal turning point in the fortunes of this company but it’s turned out like all the other miserable years!
Good timing. I think the technicals pointed to getting back in when it dropped to below 5p and with good news hopefully due soon, the fundamentals and technicals might start to look more positive and attract more buyers.