Member Info for sixnoughts

With this news and sp getting close to the last placing price?

We have been warned.

The shorters are going to be hurting.

So in that case, a placing is pretty much odds on.

A few reasons for a placing. I am sure there are mote:

1. How much will the short term lending cost?

2. Warrants need to be exercised by May. The expired ones were not exercised and were lost. A placing to be done with a lower warrant exercise price, just in case the current 1.6p warrants are lost once again.

3. How long will it take to get a secondary listing in Saudi?

Well, we need an RNS or news to allay people's fears of a placing. As we move forward this is more than likely. The Company has lost valuable warrants which could have helped. Don't think they'll make the same mistake again!!

The placing no doubt will be done at a ridiculous price hence the sp drifting... c'est la vie!!!

Out of our hands as we continually await some positive crumbs.

No matter what anybody says... this smells of a very large placing coming about.

Laughable.

From recent RNS

"In order to facilitate maximum growth, KEFI and ARTAR have agreed to refine their GMCO shareholders agreement and respective working arrangements. As previously announced, extensive feasibility study and exploration work has been undertaken in 2023 in Saudia Arabia and is still ongoing."

From the above, it looks as if Kefi are going to negotiate their percentage?

To what extent?

We avait the outcome!

We will be below 25% in SA unless we get things into gear.

I seem to remember H saying it is best to have a smaller slice of a larger pie blah, blah, blah!

Well we are heading in that direction.

Still no funding. Of course they are serious!

TK is becoming a real drain on resources.

Yes. I can feel the vibe as well lol.

Will we be any further ahead with up-to- date news tomorrow?

As each day goes by I feel for the share price. We need something in order to stabilise it. People's knee jerk reaction can have an impact as we have seen today.

Here we go again.

An utter, utter shambles.

Wtf with the sp.

Financials not my speciality. Looking at the sells going through over last couple of days the chancers may sense that not good and looking for a cheap re-entry if the warrants expire.

SA has probably been put on the back burner so to speak whilst the ongoing saga is taking place in Eth and all concerted efforts there.

The next week will be interesting though.

To the best of my knowledge there has never been clear dates...they have always been fuzzy.

We are getting to what appears to be the endgame. This being said we seem to be spun a line each time. What's the elephant in the room that is not being spoken about?? Perhaps the crux of the matter now is that a placing will come about as I now cannot see the warrants being exercised... not at these prices.

No wonder H was looking downcast in his last video seeing the warrants disappearing before his very eyes.

So instead of us getting diluted at 1.6 we will get it at less.

There is no other way of papering over the cracks.

We need to get this over the line pdq.

I do not know about doing volunteer work, but I thought this company was a charity as I already have made numerous donations. :>)