Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Yes I also think the assay results will be another 2 weeks.
In the interview on 4/2/21 Bill said the drilling should be completed in a couple weeks (making it by 18/2/21).
Then it usually takes at least 3 weeks to get the lab certified results. Therefore, I think another 2-3 weeks roughly.
Hopefully we get the Air Mag results very soon, provided they have done the interpretation work.
Nothing for Munni Munni North has been priced in.
Naps I feel your pain also £80k down with GGP and 90k down here from October so £170k down on paper but still up 300% on GGP and just over 100% here which is still much better than the bank.
I have faith in both but massively in here now with over 7.5m but do we ***** and moan. No we dig deep research more and move forward.
944T
Smiler im still up a lot so im still happy and its a blip and will recover soon enough. But its a great price for any one else to load up. I mist have put another 20 k in since its dropped, results in 2 weeks
I am with shouston , when I predict its just me daydreaming and having fun "10p etc" although there is some math behind this. All you need to really think about is it 2 years time is this going to be higher or less. As this clock gets closer to 0 you can reevaluate position and exit plan . I feel we just at the start of Bills plan . Once info is coming out from all the projects is when we will see SP move.
Pops, in fairness predictions are a waste of time.
We all know what this could deliver, patience as always is needed.
I think the Bishop has some calming rocks to share out if you are that stressed and cant sleep.
Lets keep the BB in fine fettle, like it has been for some time now.
Some great insightful posts again.
Good Luck
The reason why the SP didn't go up after a positive RNS was due to profit taking.
Unfortunately the previous holders that stated that they were going to let their "free shares" run didn't and sold out to invest elsewhere and planned to come back before news.
But the remnant shares below placing price have been bought up recently, so this has now provided us a new base for a re-rate. Looking forward to finally receiving the news flow.
"You've got more knowledge on UFO than the CIA :)"
Best comment I have heard for a LONG time.
Good day today, cant complain at 6 percent.
Beats working for a living..
GLA
Pops1980 - price monitoring extensions occur when the closing auction process throws up a UT that differs from the last recorded trade by more than a certain %. It’s essentially an opportunity for the RSP’s to have another look and re-bid if necessary. It’s basically an automated operational technicality, and has no particular meaning for investors.
That's where you are wrong Pops. I don't give SP predictions unlike you have.
Eg you said on 5 weeks ago, "We could be at 6 or 7 p in a few weeks if Hammersley proves to be a bonanza."
I hope you are right.
napth , yeah that hurts , I am paper down here so I know the feeling,. If you have confidence all you can do is average down as rick rule says , retail investor are too impatient and expect results after a year but entry doesn't matter so much if you patient and a share goes to live changing highs' 40x over some years etc . He talks about pan America in last silver run going from pennies to like dollars and how it crazy to sell after 1 year when what's the real difference of 2-3years in your lifespan if if returns can be life changing
Also smiler we have held, those shares are down 30%+ and im feeling the pain from ggp. 80 grand paper profits down. But give it a few weeks and things will be different
Now we talking that kind of 50bag, definitely at the celebration meet ha. But yes smiler, we are way off that but its a possibility depending how this green deal, world trying to get out of the **** its in and we have all the metals that are needed.
napth lets split the difference 50bag haha. Nah but there is other miners out there at the 20-30p mark EUA, GGP and they arent really producing yet either . So its very doable if we hit some very good silver
100 bagger if the guy on that link is right i put on the other night. I think it will take 1-2 to get to $100 dollar silver which is perfect for us
I think this note is fine its basically saying absolute worst cause scenario across all projects we are still worth more than todays price. So all you lucky folk getting in now at 1.1p it feels very risk off. Ill be averaging down as much as I can in the mean time. The way I feel is perhaps if everything goes wrong there is a small profit here but if things go average-well this is a 10 bagger , if silver and gold go crazy in coming years maybe even x 20
On reflection, I'm feeling very confident here. Picked apart the note today which confirms the low side of what's known (by" known" I'm tipping a nod in agreement to HappyHaddock's post earlier).
The price has held, and I think gone up marginally at CoP. In every aspect of the report on UFO operations the analysts have applied the negatives and still reached a conclusion that makes the market cap 15% higher than today. Minimum.
And - crucially - that 80% discount on Hammersley will soon be reduced by the assay results due soon.
As findings percolate during 2021 (and after, of course) that 80% early-stage discount is turned into more certain findings (60% discount, 40% discount, etc), and we'll know if Hammersley is 74mt or 100mt or 150mt or more. Maybe less !
So as things stand right now, unless I'm being a complete imbecile (not a first for me) then UFO should be 15% up. Today.
But if Hammersley turns out to be 100mt (30% more than broker note) and turns out to confirm 60% ore (20% increase on broker note - ie 50% ore plus 20% of that 50% = 60% ore) and the assays reduce the early-stage discount by 20% then we could be looking at a 50-70% increase.
Please can someone shoot me down before I raid the back of the sofa to increase my holding ?
exactly Max and if they had bought they should be well up lol fools
london stock exchange, up 6.98% hope this holds
good finish to the day up 3.35% hope this holds
Max111
Keep it coming. You've got more knowledge on UFO than the CIA :)
Both Wents & myavian called it wrong last year before the big move up.
And both again were panicking investors to sell last month at 0.85p!
They are the resident de-rampers.
myavian is probably a spread better.
O and as myavian and wetlands post we start moving up.
Seems that TP's brokers report is a cautious estimate of what may constitute a sensible share price as things stand today.
That is to say you have to apply heavy discounts on future potential for the very fact it is "future potential" not current fact. Private investor hype always builds around where the share price may go in the future but is less realtic about where things may be at the current moment.
To my mind I see this company with a future billion pound mkt cap, the difficulty is gauging whether it takes it five years tens years or more to get there. For the time being a low end estimate of £40m Mkt cap seems very fair even if it doesn't excite folks because the share price is already more or less in line with that.
HH
Exactly Pickuzawinnah. Also for Elizabeth Hill, we know there is at least 3M oz there since only extracted 1M oz out of the 4M.
But on the downside valuation they only factor in 1M oz.
Also not factoring any new targets at Munni Munni North which the Air Mag Survey will soon highlight.