Charles. I like what Delta are doing and with Michael Jones involved, with his previous successes and experience in corporate transactions (sales of Co's), good team being built.
With the increased funding to Penn State and likely UK Uni coming on board imminently, feels like fund raising may be required in the near future, if US /UK grants or equity stakes not forthcoming soon enough.
With only a million quid or so in the bank and spunking cash hard, Delta Gold (DGQ) is, at 150p, capitalised at a bonkers £97 million and is drowning in more red flags than you see on a May day parade in Moscow. Today there are two more to highlight."
The article seems to be paywalled so I can't read the detail. May be somebody else has access to it and can let us know what he's spewing vitriol about?
From scanning the article list he seems to have the hump about Kendrick Resources and Colin Bird in particular, so it seems there's a pattern emerging here with this individual. TW's been around for a long time, I'm sure there are a lot of rocks he could crawl back under, perhaps he could be buried at one of Colin's mines?
Here is a breakdown of the specific issues ShareProphets has raised against Delta Gold:
Absurd Valuation: Delta Gold listed on the Aquis Exchange in December 2025 at 10p per share. Within months, the share price rocketed to the 120p–150p range, giving it a market cap of nearly £100 million. ShareProphets has called this valuation "bonkers," noting that the company has absolutely zero revenues, no commercial product, and no immediate path to cash flow.
Low Cash and High Burn Rate: Winnifrith has highlighted that the company is burning through cash rapidly to fund its academic research partnerships while holding only about £1 million in the bank. This weak balance sheet stands in stark contrast to its massive market cap.
Paid Promotional Material: ShareProphets has heavily criticized the company for allegedly utilizing paid promotional research (which Winnifrith characteristically dubbed a "blowjob report") to drum up retail interest. The site argues the company lacks transparency about who is funding the hype driving the share price.
A Deluge of "Red Flags": In a June 2026 piece, Winnifrith claimed the stock was "drowning in more red flags than you see on a May day parade in Moscow." This includes recent rapid share issuances, heavy reliance on outsourced university research rather than in-house operations, and insider options being granted at premiums that look designed to capture the current hype.
Essentially, ShareProphets views Delta Gold as a speculative, narrative-driven bubble. They argue it is an early-stage research project that has been dressed up and aggressively promoted to retail investors at a price that completely ignores its underlying financial risk.
I think everyone invested understands it's a risk play. And I can name 1000 US start-ups with zero revenue and higher valuations that Delta. You're basically paying the market price to potentially solve a key problem in quantum computing - yes that will be risky, but if successful, what valuations can you put on that? Hence market cap prices in a small CoS that increases with corporate milestone successes.
Thanks for the reports Charles. I am invested in a few now. If you have time, take a look at Cabral Gold. The drill reports are excellent.
Charles. I like what Delta are doing and with Michael Jones involved, with his previous successes and experience in corporate transactions (sales of Co's), good team being built.
With the increased funding to Penn State and likely UK Uni coming on board imminently, feels like fund raising may be required in the near future, if US /UK grants or equity stakes not forthcoming soon enough.
What are your thoughts re fundraising?
Seems TW's got an issue or two with DGT, as posted here:
https://shareprophets.com/views/86551/delta-gold-2-more-monster-red-flags
"Delta Gold: 2 more monster red flags
With only a million quid or so in the bank and spunking cash hard, Delta Gold (DGQ) is, at 150p, capitalised at a bonkers £97 million and is drowning in more red flags than you see on a May day parade in Moscow. Today there are two more to highlight."
The article seems to be paywalled so I can't read the detail. May be somebody else has access to it and can let us know what he's spewing vitriol about?
From scanning the article list he seems to have the hump about Kendrick Resources and Colin Bird in particular, so it seems there's a pattern emerging here with this individual. TW's been around for a long time, I'm sure there are a lot of rocks he could crawl back under, perhaps he could be buried at one of Colin's mines?
Here is a breakdown of the specific issues ShareProphets has raised against Delta Gold:
Absurd Valuation: Delta Gold listed on the Aquis Exchange in December 2025 at 10p per share. Within months, the share price rocketed to the 120p–150p range, giving it a market cap of nearly £100 million. ShareProphets has called this valuation "bonkers," noting that the company has absolutely zero revenues, no commercial product, and no immediate path to cash flow.
Low Cash and High Burn Rate: Winnifrith has highlighted that the company is burning through cash rapidly to fund its academic research partnerships while holding only about £1 million in the bank. This weak balance sheet stands in stark contrast to its massive market cap.
Paid Promotional Material: ShareProphets has heavily criticized the company for allegedly utilizing paid promotional research (which Winnifrith characteristically dubbed a "blowjob report") to drum up retail interest. The site argues the company lacks transparency about who is funding the hype driving the share price.
A Deluge of "Red Flags": In a June 2026 piece, Winnifrith claimed the stock was "drowning in more red flags than you see on a May day parade in Moscow." This includes recent rapid share issuances, heavy reliance on outsourced university research rather than in-house operations, and insider options being granted at premiums that look designed to capture the current hype.
Essentially, ShareProphets views Delta Gold as a speculative, narrative-driven bubble. They argue it is an early-stage research project that has been dressed up and aggressively promoted to retail investors at a price that completely ignores its underlying financial risk.
I think everyone invested understands it's a risk play. And I can name 1000 US start-ups with zero revenue and higher valuations that Delta. You're basically paying the market price to potentially solve a key problem in quantum computing - yes that will be risky, but if successful, what valuations can you put on that? Hence market cap prices in a small CoS that increases with corporate milestone successes.
Agreed, and I took your advice - many thanks - and am enjoying Delta’s success. TW not so much…