Member Info for ZaphodBeeblebrox

How about just an honest update?

Nutty - M.

That's a helpful explanation for the geologically challenged investors here.

Z

chi coms

com mies

neo cons

les bians

**** sexuals

matt han**** the d ickhead

g a y

i just want to see what the online safety act guidelines are censoring these days on the lse algorithms.

as for the village objections, they just want a handout to match the one they no doubt received from the chinese ambassador!

why is baran*** censored?

Welcome to the real world.

Poor people in a poor country means some will try their hand at illegal mining.

At least the company has located the source of this problem for now. There will, however, be additional security costs arising to prevent this happening again going forward.

I think we can see the future strategy of Alba is in Greenland.

I would have felt better if more progress had been made in Clogau....

We all know judges can be incompetent, corrupt or both and certainly amenable to political pressure even in our so-called rule of law western countries.

France practices corruption in Africa, no reason why it might not be a two way street. And Macron is like a clone of Starmer in UK who certainly influenced judges after the Stockport riots, whatever unbelievable claims he might make to the contrary.

At least we can get an appeal or annulment hearing.

Good spot Gmts.

Now what are MTL plans for the Mill?

As a LTH, I need a few bags from here for breakeven. This could easily do that once they become money making.

This seemed like a dead cert back in the "28000 oz a year" days.......reminds me why another poster called himself OldeandWiser!

Lucky520 your post gave me a laugh this morning.

But isnt BR profitable at $10000 a tonne copper price as per last report?

Colin will have the punters queueing round the block. Possibly.

:-)

Billy101203 - great reference to finding water back in the days when Xtract was an oil and gas company.

I have only been here since the Chepica fiasco.

Manica is paying out as you say, but the deal does not look so great in a high gold price environment.

BUSHRANGER - after Bird's missteps on expectation management (or deliberate pumping as some might say), I think he ran scared of Bushranger. The license has potential and with a further drilling campaign it could have got to the 2 million tons of contained copper. That is what is needed there to make it suitably attractive to a major, and the ongoing concentration studies and upward pressure on copper prices will help, but will not substitute for the drill bit.

Bird has pulled in several new potential "shiny things" and I hope we get some positive progress this year at SK.

We have Manica income which removes some fear of dilution but I still worry XTR has too many plates spinning for an old part time codger like Colin to properly manage, on top of his other companies.

Time for a turnaround star CEO as they found at MTL?

I am seeing early signs of a positive turnaround, and while a large percentage of the company is in very few hands (Bill Trew, Angela List, AIMS control over 50% if Paracale is also under BT control) I just hope their expectation will align with a much higher market cap and share price that will benefit us all.

Disclaimer: I am not a takeover expert, but did notice AIMS Ltd are over 26% and going northward!

Rule 9 of the UK Takeover Code mandates that when a person or group acquires 30% or more of a company's voting rights, they must make a mandatory offer to all remaining shareholders for their shares. This offer must be made in cash (or include a cash alternative) and at the highest price the acquirer or their concert parties paid for the shares in the past 12 months. The rule aims to protect minority shareholders by ensuring they have the opportunity to exit the company at a fair price.

More details.

https://code.thetakeoverpanel.org.uk/tp/rules/rule-9/rule-9-1.html

Devenport Capital Ltd notified the complete disposal of 16.4% of shares of the company in Feb 2025.

So there have been major sellers in the past.

AIMS Ltd seems to be creeping up to the 30% for a mandatory bid but could be subject to a Rule 9 waiver due to their holding being from newly issued shares.

CURRENT LARGE SHAREHOLDERS

Asian Investment Management Services Ltd: Holds the largest stake at 26.3%.

Paracale Gold Ltd: Owns 13.2% of the company.

Interactive Investors Services Nominees Ltd: Holds 8.1% of the shares.

Nguvu Holdings Ltd: Has a 6.3% stake in Goldstone Resources.

William Trew: Owns 14.4% of the company.

Angela List: Holds 6.852% of the shares.

Emma Priestley: Holds 1.272% of the shares.

Richard Wilkins: Holds 0.2311% of the shares.

Orrie Fenn: Holds 0.0585% of the shares.

Accusations about missing millions are a serious allegation.

I am guessing Hawaii-five-o that Trader465 doesnt report his "calculations" to the police? He should submit evidence of his police complaint otherwise he is probably indulging in a bit of libel.

There was an initial theft but I understood the security system had been tightened up with surveillance cameras etc

That does not detract from the fact that GRL management predictions have been a load of rubbish and ruined their credibility. Hence why the share price is in the hole it is in right now.

This is some good news. Maybe some life in the old dog yet!

"In July, a team of geologists will visit some key sites of known graphite mineralisation outside of the Amitsoq project area in order to collect a series of samples. The potential for other critical raw materials will also be investigated."

Let's hope they find some rare earths.

Elir71 correctly noted that the GROC share price fell back as market had already baked in Strategic Mineral classification. Funding, exploitation license approval and news of any associated critical minerals will help GROC share price.

In the meantime, let's hope the long awaited blasting at Clogau starts this summer without any further delays.

GLA

I did enjoy seeing some footage at the mine from 2 months ago

https://youtu.be/3-S9ijuuwYw?si=wOTP_p0pevtdGkxd

Dear Blacksmith and Cryptomantom,

Apologies for sounding off harshly on you fellas. I absolutely understand your frustration.

Had a big loss at Sirius Minerals where the shareholders were shafted by the arse of a CEO and his City slicker buddies and Anglo American .

My ALBA shares are 90% down and even my first GROC shares are down in a week! However, l am more positive now than for some time esp for GROC, which is where l believe value to Alba will come this year.

GF said blasting would start in July 2024 and we are still waiting so l also understand thinking he is a shifty git. Unfortunately, folks like that are common in AIM exploration companies. Mining development itself takes more time and raises from shareholders than they tell you upfront. If I went back to the bloody lockdowns, I would never have invested

I

I would also like to thank Lee for his steadfastness from the 2 p levels and for his sage advice to HODL FOR GOLD!

However, DYOR and don't blame us if China declared war on the Philippines and things go tits up!!