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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Golden Metal Resources Plc | GMET | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 15.00 | 10:48:29 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 15.00 | 15.00 | 15.50 | 15.00 | 15.00 |
| Industry Sector |
|---|
| INDUSTRIAL TRANSPORTATION |
| Top Posts |
|---|
Posted at 29/4/2024 07:31 by smart48 Good luck Oliver in Washington over the next couple of days.Promoting the company to potential investors. Meeting government representatives, expediting government funding. Meeting executives of mining titans, lining up interest in JV’s or future acquisition ? Oliver is an excellent communicator, his enthusiasm is infectious and his goals are strongly aligned with shareholders. Commodities climbing, In demand, security of supply, multi commodity project, government funding, growing the reserve, excellent C.E.O. I think the stars may all just be aligning! DYOR GLAH. |
Posted at 15/4/2024 08:59 by 888icb I listened to that Kitco interview and was very pleasantly surprised that one of the main stocks he specifically highlighted was GMET. The guy is a regular contributor on Kitco and elsewhere and is clearly enthusiastically promoting it to his clients and investors generally. It is very beneficial to have GMET promoted to US Investors as they should be keen to invest in Nevada. The arrival of the US Government grant should be a game changer and the guy in the interview seemed of the opinion it will come because the Tungsten is such a strategic asset. OF has mentioned many uses for Tungsten but this guy mentioned one I hadn’t heard mentioned which was ammunition.The current state of the world suggests ammunition is a much sort after product. |
Posted at 25/3/2024 12:37 by 888icb RNS todayOliver Friesen, CEO of Golden Metal, commented: "Garfield has certainly been an asset which has excited the team and many investors over the last few months, and we are very pleased to announce that a very important next stage exploration programme is now underway. "We believe, on the basis of the historic exploration work, that there could be additional key potential porphyry intrusive centres to be discovered across the Garfield Project footprint. "The work being undertaken now is a key step in investigating this potential. "Our fantastic team has been able to quickly mobilise with work now well underway and we look forward to updating the market with the results as soon as possible." |
Posted at 21/2/2024 17:04 by smart48 Managed to pick up a further 19k shares this pm.Loved Oliver’s latest interview, Could really motor on further good news as relatively small free float of shares, plus growing demand from US investors. |
Posted at 21/2/2024 14:22 by the count of monte_cristo By Charles Archer in the Telegram group.Okay, so (my opinion, Oliver holds the cards) you have a timeline of events where you need to crystallise value as you go: Strategic placing with HNWs/family offices (March-April) I asked OF directly in the interview and of course he could not confirm but given the assets this is exactly what i would do. Worth noting POW managed similar with Saudi and UK investors recently, similar connections. One of the key attractants is that GMET has a sticky share register - POW, OF, a handful of HNWs are not going to sell regardless of share price action, so you want to expand the register with the right people; this may take time Warrants exercised sometime in H1 as market cap rises. You will have just over £5 million if you assume they all get exercised and share price goes over 17p so all in the money. This may initially hit the mcap, but longer-term you can then market the company as warrant free and you have £5m to get drilling The grant funding at some point in Q2. Would expect an update soon, but remember even after funding awarded, may take months to actually get the money. Then you have the five targets at PM to drill, just one of which could double the current 2017 resource. Garfield you have an area to target of overlapping uranium/porphyry which is coming close to drill ready with expert narrowing it down. These are the two flagships and while everything is for sale, Oliver will not let them go. CEO knows the first target to go after at PM, and will soon know the first exact target for Garfield. Then Golconda, only 100-150m (from memory) below surface to get to mineralisation, so very much a case of stick a drill in, prove there's 'something' there and sell it to Barrick/Newmont. Most likely Barrick, esp given OF's previous work history. Then Kibby, my guess would be that the company will take whatever deal comes to drill the brine target that was previously missed - this is non-core and staked for pennies. Again a 'for sale' sign on the door for anyone who wants it OFC, this all assumes every target/asset comes up with the goods, but the general idea is that you might have £5m from warrants, a further £2-5m in a strategic placing, and then some more from selling Golconda. I think it has a long way to run given location/geography and if by July you know warrants are exercised, grant funding is coming, and the share register is strengthened AND no dilution soon it all sets up for a tidy H2. With the very strong CAVEAT that it is early days and you are still at the mercy of the drill bit, I think 30p by the end of the year is very reasonable and much longer-term a £100m mcap is achievable. But you will have some volatility. I think one key factor to remember is that getting grant funding does not equal mcap rise (look at Blencowe). Drill results do - and the drill is yet to go into the grounf OTOH, I know some small cap operators in the US have got hold of £20-30 million of grant funding.... |
Posted at 02/2/2024 11:19 by 888icb I think that if Oliver does a roadshow in the US he will pull in a lot of American Investors. It’s all about resource security for the USA and the defence metals. High probability of the US Government grant. US investors will love this story and as Rick Rule is a substantial shareholder in POW they will be encouraged that GMET is a good investment. |
Posted at 30/1/2024 19:14 by 888icb Can you post details of the Investor meeting on Thursday that you referred to. Many thanks. |
Posted at 25/1/2024 12:56 by rolo7 easy to fund drilling then?Prior to listing, a private financing to raise gross proceeds of £0.75m was completed in April 2022 at 6.67p per share. In May 2023, GMET gained an AIM listing, following the raising of £1.98m gross proceeds at 8.5p per share. IPO and pre-IPO investors were issued with a half warrant (1 warrant issued for every 2 shares subscribed), exercisable at 10.75p for one year, along with another half warrant exercisable at a higher exercise price of 17p for a period of two years. If all IPO and pre-IPO warrants were to be exercised within two years, then £4.8m cash would be added to the balance sheet for project exploration, development and working capital requirements. |
Posted at 24/1/2024 07:34 by the count of monte_cristo Jan 23, 2024 #copper #silver #goldTechnical overview of today's #copper #silver #gold Garfield RNS presented by our CEO @oliverjfriesen At $GMET $GMTLF we know how technical this business can be - so we are trying to help our investors and interested parties get under the hood of some of our more complex RNS' |
Posted at 09/1/2024 08:50 by the count of monte_cristo Off the radar and investors don't quite understand the potential at Garfield. |
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