Member Info for sj74

However, what keeps me here is the projects and they are progressing with them and funding necessary work which will shift the company to the next stage. We are advancing importantly. It's about time after stalling for a decade waiting for a decision.

Exactly, the last fundraise wasn't pretty.. history tells us it likely won't be again so let's see if they can come up with something without killing us off again.. it's most likely going to be an equity raise again hence the share consolidation being done by mid June. Fundraise around July/August?

Unfortunately not, by the end of the year we will see what and if he can achieve the objectives set out without killing us off.

I'd be very happy if we get EIA completed, permit applied for and 2x PFS delivered before Xmas.

That would represent fundamental progress..

Possibly not pocko, it's high risk after all. They either pull it off and we get 2 great PFS results and EIAs permits applied for to make strategic partners sit up take note as we edge closer to a permitted deposit with market leading material or everything takes forever again and we gradually get diluted into oblivion once again...

Refers to existing shares in issue so all of them.

Says here wots.

The Directors are of the view that it would benefit the Company and Shareholders to reduce the number of Existing Shares in issue with a resulting adjustment in the market price of such shares, by consolidating the Existing Shares on the basis of 1 New Share of £0.05 (5 pence) for every 50 Existing Shares of £0.001 (0.1 of a penny) each.

Particularly from Wednesday with the UK CPI data released. Macros are slowly turning in our favour.. the market appears to be slowly reacting.

Bigger consolidation than I thought. Dividing the share float by 50 gives us just over 38 Million shares in issue. That will be back to 100 million by the summer once we have raised the required funds.

Will be nice to have a small number of shares in issue again tightly held but not for the best of reasons.

Https://retailtimes.co.uk/asos-partnership-with-reliance-retail-will-help-tap-lucrative-indian-fashion-market-says-globaldata/

A bit more info in the above... Including

ASOS’ deal with Reliance includes the introduction of exclusive brand stores, which will be its first foray into permanent standalone locations. This is a sensible move given India’s online market is less developed than in Western countries, only accounting for 24.0% of apparel sales in 2023, however the digital channel is growing fast, so it is wise that the deal also includes ecommerce platforms. Providing Indian shoppers with the opportunity to see and try-on items in person will also give them greater confidence while they become more familiar with the ASOS brands.

I don't think it needed to be RNSd. It has huge potential and it's great news to be tapping into a huge growing market but it's early days. it'll show up on future results/trading updates once back to growth to show revenue by geographic location.

Also NEXT didn't RNS last month when they did the exact same thing...

Wouldn't worry to much about it Nate, it doesn't create that much bother on this board as it's an older shorter bot t-800. Not very advanced and prone to the odd short circuit lol.

Ahh yeah got ya cheers KBYK.

11:27?

Very nice indeed, good to see volume picking up.

Relax, enjoy the weather you are coming across as desperate/paniccy again 😘

Yeah looking pretty good. Macros improving, we've been in a solid sideways trend for a year after a downtrend for 2 years. Matter of time. Company prospects are improving :)

Well they are projecting a return to growth for the last quarter and onwards :)

Share price is starting to show some strength and I'm no expert but looks like we are currently broken out of that descending wedge.. needs some volume to confirm id of thought.

Another little try today to break out of that descending wedge. Bit of volume and a decent US cpi print would help :)

Oooh yeah that's the one :)

Jamess, must be pretty close to the top of that descending top line of that descending wedge starting in January? A confident push higher would be quite bullish if it can hold.