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Everyone may as well switch off until you get an RNS nothing will change until there is one, I've got a very large holding here but have accepted it may be lost and my mental health is all the better for it.
Occasionally check Sentinel hub for Sat updates and companies House.
Don't get me wrong I would love for that money not to be lost BUT I'm prepared for it to be. Anyway the last RNS stated the facts and we just have to wait it out
Thought I would check in to see what's going on, no news so everyone may aswell switch off until we get an update.
No good worrying about something you have no control of, if there timelines are accurate and truthful we should hear something in August .
Been checking the satellite images and no updates there apart from some silver shiny squares appeared, thinking they are probably roofs of security vans guarding the entrance .
No changes on companies house since 9th July.
Let's see if it comes back , given the price of gold if it's cannot work now it probably never will
That was the Jason Brewer effect, he's always posting on twitter, telegram and others when he was CFO for GCAT, he does the same in Maru.
Robbie tried that sort of stuff but sadly I think a lof of the tweets in hindsight would be seen as misleading, chunks of gold, weigh ins etc . Also, the market gets used to daily/weekly updates and ignores them. Maru a prime example.
All the markets want is solid RNS with results at the end of the day, hype can only get you so far.
For GCAT, I want a solid board who can help make sure things are run, good upgrade, mining and discovery plan . Most of which should be coming imminently.
It's certainly been a tough few years holding here, fingers crossed the end of 24 and 25 reward the long term sufferers
For those with an eagle eye, you may have noticed a couple of new filing over the last few days.
Looks like the administrative / governance side is coming back to life , small but significant progress on our journey back to listing and prospectus
Appears it's levelled out now in line roughly with the amount of dilution . Story is still very strong .
The performance shares were already a known, many including myself failed to spot this with our due diligence so my challenge here .
Today is a prime example of why the London stock exchange is so screwed , company releases amazing news and it's sold into and barely makes a dent.
Combination of bots and 5-10% crew are killing it
Here comes the rampers, he will be gone by the end of the day once he makes his percentage .
For potential investors watch and read the presentations by Alex and then you will see the value here and the journey they are on
Agreed and anyone that missed it should watch the CEO present and the BHP Xplore event who have them backing (probably one of the offers)
https://m.youtube.com/watch?si=cfKUuAScNeWd_KIX&v=-d4bcMLye4w&feature=youtu.be
CEO is very credible and moved his whole family to Kazakhstan a few years back, that's how much he believes, I would suggest anyone go to their website and read the presentations and watch interviews by Alex.
Doesn't constantly tweet nonsense, communicates when he needs to and very clearly
Personally , I would get them to complete the next audit as they have the history and the data. Whilst doing that, take your time to find a better auditor and get your house in order so it doesn't happen again .
Noticed similar issues happening with a lot of companies at the moment , Maru in a similar boat, EUA also missed the deadline
Good to see an update confirming the first tranche of funding received and they are communicating progress.
All going to plan, we should have the larger sum by mid-end Aug then the company can get back to the plan
Nice presentation by Alex , comfident pitch well delivered
https://youtu.be/-d4bcMLye4w?si=cfKUuAScNeWd_KIX
That's how I read it , 29.9% of any new raises etc before offered to the market or other players .
For me that's a good thing and shows they have a vested interest in long term success .
With the audit , we just need it released to get back on the market, we all know it's going to be brutal reading along with production numbers for the last year .
At this stage let's get phase 2 locked in with some good directors on board 4-5 weeks away max, minopex running the operational show and get expanding . That's all that really matters.
Also get drilling at VR
Only you can make that decision and no one else on here should be advising, equally you shouldn't be making decisions based on advice here .
Weigh up the options, providing the funding happens the future looks the best it has for a while , I also suspect there will be a dip as many will want to sell out rather then wait .