Member Info for Spodulike

Where' s AFFIRM?

Cln shares be gone very soon at this rate.

Difficult to buy. nm

Maybe right Showme, but they didn't want us to return at all and definitely lose the lot, just to hide the skeletons.

I go back to one night last year sometime, when TG group booted a lot of us out and said it was a bug/glitch, obviously never let us back in.

'Following the recent changes in leadership, the Board has constantly reviewed and identified deficiencies in prior management oversight and governance, beginning at the listing date of the business on the exchange and continuing until the departure of Thomas Evans and associates in 2024. Ironically, they sought to use projection, social media, to create a false narrative that what they themselves had perpetrated somehow was created post-departure, by others.'

'These individuals tried every possible approach to maximise disruption and to thwart the efforts to stabilise operations, return shares to rightful owners from historical arrangements, perform this final outstanding audit 2024/25 and ultimately, prepare the Company for its expected return to trading. Whilst in a severely weakened form the final remnants of this activity persists to this day, the board will fully end this in the near future, the Company will succeed going forward.'

I can see why Tom and the TG group didn't want these accounts done. They done everything to get us into administration.

"This non-dilutive funding will directly support our planned exploration activities on the Sunbeam Property, enabling us to advance the project in a focused and capital-efficient manner. This support comes at a particularly encouraging time, with the current drill programme at the Roy prospect progressing well and delivering positive visual indications, including multiple occurrences of visible gold in core. Building on the systematic work completed in previous OJEP-supported programmes, we are now advancing the Sunbeam Property through recent drilling and ongoing evaluation of results, with a focus on further defining and progressing the project."

Shares from the cln's being sold quite aggressively, so hopefully not too long before cleared.

I thank every one of those trolls for keeping this board alive during suspension, but your jobs are now finished, you have been made reduntant.

Don't forget gregoria.

It will move when the shares from the cln are sold.

Unfortunately the shares from the loan notes are being sold aggressively. Hopefully they'll be out soon.

Strange it's NT to buy on HL with these sells going through. Large buyer in background again maybe?

Gregoria's post increasing daily, worried maybe?

At a little over £6m mcap for a gold play with more results due, this should do very well from here.

Spot on break. Buy, hold and wait for it to be chased hard. Get in before the herd as they say.

Institutional investors who buy shares in a placing (secondary offering) often sell soon after near the placing price for several structural reasons. It can look strange—why buy only to sell quickly—but in practice their goal is often short-term trading or risk-managed allocation, not long-term holding. Key reasons:

1. Pre-hedging / short selling before the placing

Many institutions short the stock before the placing is announced or confirmed.

How it works:

They believe a placing may happen (or are “wall-crossed” by the broker).

They short shares in the market beforehand.

When the placing happens, they buy shares in the placing at a discount.

Those placing shares cover their short position.

Because they are covering a short, they are effectively locking in the discount spread, so they don't need the price to rise.

Example:

Market price before placing: 100p

Placing price: 90p

Fund shorts at 100p

Fund buys placing shares at 90p

Profit: 10p per share, regardless of where price goes.

After covering, they may still sell extra shares near the placing price.

Institutional investors will not take risks. They started forwarded selling at around 0.26 ish and and now selling near placing price, but probably sold at an average price of 0.23, a nice 15% (making £150k) with no risk.