Great Southern Copper PLC

First-pass take

Exploration-stage mineral company with zero AI exposure and explicit going-concern warning (3-month cash runway). Positive: copper beneficiary of energy transition; supportive shareholders successfully raised £4.6m in FY25. Negative: loss-making (£4.2m burn/year), no revenue, discovery-dependent, assets ~entirely option agreements (not owned). Recent capital raises at £0.012–£0.029 per share suggest investor optimism about Mostaza drill results, but pre-resource stage valuations are speculative.