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Might as well keep it outside the tax wrapper, at least that way you can offset the inevitable losses.

Hundreds of *thousands* I mean to say of course.

As we know we have that 130k oz Molly with expansion drilling underway. District scale property.

Plus that 210k oz from Paranaíta JV with near term target of 350k oz. All JORC compliant.

After holding it for many years now I took a wee bit off my GGP holding and diverted those profits to add here. I just love these quantified resource plays. Different league from your typical greenfield explorer, to already have hundreds of ounces of gold across both sites. Not often seen at this micro cap level.

Fantastic price action and behaving just like a leveraged gold play as it should be, which bodes well. Diesel prices will at the least plateau from here with any luck, and one thing we can say with certainty is that with hindsight that MRE was exquisite not in terms of its content, but with this backdrop of reverting back to the gold bull, also with the timing.

Gold price looking strong today, will certainly help sentiment as we look forward to news. Let's see if the lows are in, so far so good. Suspect these shares won't hang around at these prices for much longer.

Was that calm down aimed at me?

If so, I couldn't be much calmer lol.

Carry on.

I know this a bit of a Russian Roulette share right now, buyer beware and all that, but for what it's worth there does appear to be a noticeable thinning of stock available today. I can now sell 1m over 1p, which definitely wasn't the case before today. Equivalent on buy side would nudge this up past 1.15p. Let's see if they can dodge the various bullets, after all underpinning it all they do have this great asset.

About the placing if you guys just talking about the $250k shares equivalent for Molly seem a bit of a storm in a teacup. Less than 1.5% of shares in issue equivalent as pointed out yesterday, we routinely see more than that traded intraday.

Really tiny and hardly worth thinking about. Market will have factored it in on Molly acquisition RNS back in Feb.

Let's remember the raise done and dusted £1.2m funding for foreseeable, together with £1m banked from warrant issues within last few months, we are cashed up.

It's funny how you get someone having a dig at folks for supposed ramping, not half as bad as most of the stocks on here. And the one person who has posted more than anyone else here in last month is Limping (I cringe typing that name lol), who is only ever de-ramping it. And now seems to be doing it almost full time?

Btw Limping I do actually feel a bit sorry for you. You can't be happy in yourself doing this?

Epic update, they just keep delivering

Very impressed by the Gemini analysis, cheers cantbelieveit

It can only be good news to have government backed funding.

Ideally they'd have released and RNS about this, the stock is criminally under the radar as it is. Could you repost your link, I've seen the Ontario government press release but would be good to see company talk about it too.

Agree with that GoldGeezer and have bought more here. Thought we'd be waiting much longer than this for newsflow but with it now being just a few weeks we'll get initial drills results, I see this still relatively quiet period as the accumulation phase before the real fun starts.

Very pleased with today's update, old Paulo couldn't sound much more bullish. Pretty rapid progress, things suddenly moving quickly here. 👍

He's on a wind up. He was here late last night, first thing this morning, probably all day long. As we know his whole thread misleading because team were clear and market knows about Molly acquisition terms in original RNS. No sense giving it attention, that's all it's looking for.

Also reminder of property being district scale in size.

When you look at the existing Molly numbers the team gave when they acquired it, you realise this could be something quite epic.

With demerger not being formalised until 2nd Jan 25, it'll be the forthcoming FY25 report where they'll first be obligated to disclose some grizzly details on Ingenuity contract length. But let's be frank here, might as well be infinite length.

We already know it has been engineered so that the plc is completely dependent on Ingenuity. Absolutely everything from the entire ecommerce platform, fulfilment, warehouses, offices, marketing, you name it, provided by it.

How do you begin unpicking any of this? And what would be the incentive for management to do so, when you have personnel crossover to this extent? Not least CEO running both companies. Take away the THG contacts from Ingenuity and Ingenuity immediately falls over.

In two years that's already gone from 0.1p to 5p, it's too late. All the good news is baked in and latecomers mad enough to buy are being set up for a spike of epic proportions. Don't be fooled by someone on X, especially not someone claiming to be one of the best investors. Nobody credible says that.

Also friendly head's up about cross ramping stocks onto boards of different companies, you routinely see posters banned for it.

Mintwit lol.

Like it or not, his views on small caps are market moving.

As far as this board goes, rewind a few months ago his endorsement was being ramped up a storm here.

After that rugpull of a MRE and his subsequent posts, funny part is the cognitive dissonance of same posters saying actually he doesn't matter after all.

Can't have it both ways.

A classic example of how THG present their numbers is them trying to claim Net debt down. It's actually up!

In the first part of the results they've "adjusted" the net debt by just excluding the lease liabilities. You have to laugh really.

In small print "Net debt before lease liabilities."

Lease liabilities significantly up now £££ leaving the plc going to Ingenuity.