Member Info for WiseOwlSpeak

Ms Vikinglass I do understand this but also that research of subject matter help to understand WHY and IF so can invest with more CONFIDENCE.

First we have official company statement - "sufficient cash until AT LEAST end of July 2024"

You will say but company was fully funded before but did raise? Yes but NOT for RENEWABLE JV - company only had identified possible partner at this stage (RNS Dec 2022).

With research if explosive sector growth in this am VERY please company involve so raise at time add value imo.

Now we are FULLY FUNDED and can see no indication in RNSs / Interviews why raise needed until share price MUCH HIGHER with OPERATIONAL PROGRESS / REVENUE ON LINE!

This is from research analysis and not fear.

Hope you had good Xmas & do not wish you insult in any post 🦉

As with post at 18:23 - this sums up my thoughts and make complete business sense so have no issue at all with this - smart move.

We look at Political situation and absolute PRIORITY will be to sort out issue of critical foreign reserve level (about 4 month left which is nearing disaster level).

To access more foreign reserve borrowing Govt must be able to show lenders how They will tackle economic crisis - think all can see where this lead, why we get more media / political reference to Phulbar and why company sound much more confident.

Do not have any issue with GCM delisting like Polo because they will need access to capital markets going forward - this suspension is purely procedural process and from strategic shift for funding requirement.

As I say look like MAJOR SHIFT happening here with green light about to be given for Phulbari and as Mr Searcher mention we can expect more intel on this during (approx) 3 week suspension period

This is why stand by header & expect a very hard push up on the share price when stocks freely traded again in few weeks.

This maybe us not my biggest stock holding for other reasons (that is my Mongolian oiler) BUT this is the one that I expect will have by far the biggest ROI from these levels.

Research independently and invest based on this 🦉

We can ask Q how did SP push from 3p to 35p in only 6 weeks few years ago?

Think better to look at DEVELOPMENTS and very very important move from Explorer to PRODUCER / REVENUE GENERATOR then focus on single price - question is why confident of UPTREND!

- RNS Final signature due any day

- RNS Operational Preparation Update

- RNS Operation Start /Production

- RNS Block XX extension Toson Uul (est 3 BILLION bbl)

- RNS DQE JV confirming

- RNS New Blocks & details

- RNS Renewables update

People like to throw placing in chat like this is dirty word lol. Funds "sufficient until at least July 2024". (Last extra funding needed for SubSteppe JV for ones who like to complain).

Drilling activity / expansion base on LOW COST operations with offtake element to pay. Production revenue mean can get access loan arrangement. If any future placing should be much higher price.

Big difference when company are REVENUE GENERATING.

People can agree or not but I expect DIVIDEND / Takeover bid by next year (Petrovis will want some ROI now). This is just extra I put here but discussion really about NEAR TERM PRICE CATALYSTS & STRONG UPTREND over coming months!

Be Wise & focus on INVESTMENT! 🦉

Will give my thoughts now to be fair to all and very confident in this -

- Share price was at lower level (around 1p) when last Polo Drawdown news released. This did not reflect in country developments - excellent research / growing investor confidence.

- Now sentiment stronger / price more buoyant so placing for working capital need make more sense than to use last Drawdown.

- Because Drawdown withheld, audited accounts cannot be submitted and share must be suspended. This is normal practice.

- 3 Weeks give company plenty of time to arrange funding and with price strength will not be problem, better then previous level which make this more challenging & keeping last Polo Drawdown.

Mr Tang & Management have actually been very responsible in way they have handle this which hopefully will give longer financial cover than period of Drawdown to give company / investor greater certainty.

Placing may even be at premium or near current price. This I do not know BUT with political development going towards Phulbari permission and still low liquidity even with placing - I expect a big drive to get stock on suspension lifting & hard drive of the price upwards.

I increase my holding by around 40% today on drop. Will add about 30% more tomorrow.

This is my decision and follow your own.

Am almost certain above is correct and how events unfold with company financing, suspension & price trajectory on suspension lifting.

Be Wise & focus on INVESTMENT 🦉

UPTREND is what I expect NOW for ALL REASONS GIVEN ( will not repeat because people will say I repeat myself).

NET PRICE GAINS WEEKLY / MONTHLY with strong newsflow on multiple front!

Be Wise & Research Investment 🦉

No need to overthink this actually - have very good idea now what's going on & reasoning behind it.

All good & will post tomorrow - header still stand 🦉

Uptrend! 🦉

(Overall net gain every week/ month)

If you think the header is correct - BUY

If you do not then - DON'T

All fundamental economic & political intel suggest 2024 will see explosive upside for GCM and it's shareholders.

Of course there are no guarantees in investing but (good) research goes a long, long way.

Another reason I'm topping up is I expect the header to happen with very low availability of stock.

Make your own investment decisions - maybe more based on research than feelings 🦉

Im going straight to NT to top up with another 100l shares. All welcome to try themself.

Buying blocked apart from very small order size.

Header say all 🦉

Header says how I see it happening! 🦉

No one needs to BUY land. It's a licence for permission to mine coal. That should be obvious.

It's the same as my MATD holding. In Mongolia foreigners cannot buy property / land. MATD have permission to mine the resources.

This is VERY basic stuff to know for an investor 🦉

Bit

Do not of research!

Is there behind the scene negotiation to sell company and this isxway to control the mkt cap based valuation.

Tang may have non disclosed / unofficial interests or an 'understanding' with the party involved.

Even a discount mkt cap base valuation will be at a Heavy premium to current price BUT heavily discounted to company valuation on the Phulbari permission formalised.

Why I buy more on drop 😏

I have my views - if others have views then please contribute on this thread.

Here is my reasoning:

NOMAD force suspension because of audit issue which cannot be completed due to non receipt of funds from POLO.

Here is issue - Mr Michael Tang is in decision making position in both companies. Should have been straightforward.

Company have never been closer to Phulbari Mining permission. We understand really it HAS TO GO AHEAD (this has been discussed)

MoU with Power China just recently renewed.

Think all can see - THIS LOOK MANUFACTURED! Why?

- Possibly will be Equity distribution / entry to 'favoured investors'.

- Prelude to Bangladesh Govt move to secure part ownership somehow (this mechanism is major discussion by itself).

- Private sale of company to related parties

- Prelude to full takeover bid by China based company.

This is speculation and just very quick thoughts. All I strongly suspect is this all manufacture when prospects of company are at there VEEY BEST for years.

These are discussion points - make own investment decisions 🦉

This is why biggest holding is (almost) guaranteed uptrending price in my MATD stock BUT this one is special with developments we see & upside so please to pick up the extra stock before suspension.

This is my independent decision of course - make your own

They should suspend immediately BUT now I have my share then welcome suspension until news. Just my personal preference in case part of deal with Bangladesh Govt involve some form of equity stake at higher price / partial buy out / other such ownership development to let operations go ahead.

Mr neil777

Many investor here are quite intelligent. Try buying when this comes out of suspension.

Many who buy now understand this. I already have share but decide to buy last batch now for this reason.

Good luck with yours 🦉

Also added!

I think the company are confident of the Phulbari go ahead and with the Power China MOU just recently renewed.

This funding should have been straightforward UNLESS there are bigger parties ready to replace smaller private investors and now Phulbari is set to go.

This is my speculation but enough to cover a further 40% increase in my holding level on this (manufactured) drop

Make your own assesment on own research 🦉