Member Info for TC101

Agreed. With the burn rate the way it is, GDR aren’t going to wait until the cash has actually run out and then do a placing, they would do it months in advance.

However like many I’m hoping for the FDA news but that could be months away - I hope I’m wrong

Jiffbag - this could bite me, but seriously you shorting deep on eua. Honestly? You have 100k share or value and you want his to go down? Clearly you’re shorting aren’t you? Well I’m not i. that deep but I’ll have a good night sleep until Monday morning. It would appears you won’t. Keep deramping, many of us have heard your crap before.

Sleep tight, only 2 days to think about Monday opening.

Jiffy - I don’t have to answer any of your questions. I’m comfortable holding EUa and have been for a long time.

Capische? Is that a new flavor on a pizza,? Douche

Jiffy - Serious question you shorting? Did you sell up? You worried about Monday and the price goes up or down. Personally and if you don’t like the risk, sell up, move on. Put your money in an ISA.

I sincerely mean that.

Ok jiffy.

Sell your holding. If you have concerns sell up. I’m sure you made a return. What keeps you here?

And to the derampers aka shorters, you do realise the squeeze is happening on Monday don’t you and you’ll have to cover? Well you have a couple of days to think about that. Enjoy your weekend.

I may be wrong, I hope I’m not but you didn’t expect this late rns did you on a Friday at 5pm. I just hope you double down and we get the big un on Thursdays at 5pm just before Good Friday.

Many think and I don’t know why this RNS is a bad thing, many of us including think this RNS is a great thing, why? Let me explain my rationale.

1. Stronger position eua are in.
2. Yes many want the big un to happen aka a full sale but no one expected this delightful extra. If you profess you did you are talking ****e!
3.personally and I’m sure you will check my past posts. I think if a full sale, a jv or go it alone is for me a win.

Either way, the Bod has more options now and those that want all of EUA will have to pay, which is good for all of us except the shorters.

This rns for me puts EUA in a great position. The bod didn’t go looking for buyers, they came to the board. Yes the binding agreements for the full fsp is continuing whilst the board work on it but as we can see today they are also working on other items.

I suspect many including me thought the board were fully focused on an FsP, they are not. They are working tactically and strategically on what is best for eua I.e the bod and shareholders imo.

Either way the board are doing their job, and if I have to wait longer for whatever happens I will, many are up on our initial investment.

So to conclude and I’ve had a drink. I sleep well and have full confidence in the board. If you don’t, sell, see you later and jog one and if you want to receive instant gratification, go to a casino and put your money down there.

Stay safe, take care!

*Nice little dig.

Sorry not dog, but hey pay top dollar we’ll throw one in for free.

From the CEO/Managing Director. “ we have first mover advantage in these times, when the traditional PGM districts are starting to struggle with various challenges posed by the underground mines like energy issues, environmental issues and floods to name a few".

Which for me quite simple means, open pit mining is less risky so if you want some open pit mining, pay up NN.

With the hooches prediction of £35, I’m starting to believe they may be right.

almost stopped for a minute when I saw the headline ‘binding agreement’, however not the big un but it will do :-).

And on a Friday at 5pm too! I am laughing because I hope they do the big un the same way.

Magic 8 ball says ‘unlikely’.

Vine - agree that the initial part of the results were laughable but I think the statements after the initial part was quite telling:

1.Burning through 400k a month with c£4M in cash left.
2. Approval by FDA, no one knows when this will happen although many think it will be soon.
3. Without substantial sales I.e if they don’t hit their targets which for me can only be achieved with fda approval, they will need more cash probably via a placing.

Obviously this hinges on point 2 and we all hope they get it ASAP.

GLA - in it until the end.

Same here. I posted a message just after midnight on Mark S, gone!

So after reading the RNS is full I take away the following:

1. burning under half a million pounds a month.
2. Who knows when this will be reviewed and approved by the FDA.
3. Clearly the longer the delay and with no sales, GDR would more than likely do another placing .

I agree with many that the RNS could have been worded slightly better but the fact still remains GDR are burning through a lot of cash which they don’t have much left of and who knows when approval will be granted and if it will be granted.

Another period of waiting begins and personally I don’t expect too much from the presentation tomorrow apart from them going over what rns’d today.

GLA.

No

‘ 1. On the investment strategy of the Company until 2030’.

NN board member: erm should we buy EUA now?

Only kidding, sometimes it’s like Groundhog Day. Is Ned Ryerson on this bb?

Predictions still stands, it will happen in 2021!

GLA.

Stay safe

Thanks SteveE.

Comfortable with either a sale, JV or going it alone.

Clearly you are not and don’t have any patience and want things prematurely. I feel sorry for your partner.

Off you pop and close the door on your way out.

Could this share ever reach £1?

Thinking very long term here I.e 5-10 years.

I’ve just come into this share and I like the potential for mining lithium which with batteries go hand in hand and with everything moving over to electric I see the massive potential.