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Looking at the trades so far. Not much has been sold at all. A few buyers and this could do well today.
Might see more on the partial sale/joint venture.
That has nt changed, at least we have a minimum cons estimate of value. Question is, is there interest..should be. Its a safe juristriction with existing mines that needs jobs and resource is in demand. It would be nice to see more of lr now this is out. £2m mc is pitifull given the npv.
Europa drop on news cycle.....
Funding needs keeping us down.... shame really!
@Tradeuk....I think you are definitely under selling us :-)
Looks like a slow start.
NPV $110M Macp £2m. Urmmm
Yes, about time. Hopefully, we will see this sling shot LR was talking about, before we got in this mess.
Nothing about fund raising though.
Estimated economic forecasts for the Toral Project, based on the current level of work (+/-
30%), for the Conceptual Scenario 2a comprise:
o US$110 million net present value (NPV) using a discount rate of 8%;
o 24.4% internal rate of return (IRR);
o Estimated US$33 million CAPEX for a proposed 450ktpa design capacity plant,
including associated auxiliary costs, with infrastructure being situated near portal
entrance on the north side of the deposit.
o Estimated total CAPEX of US$110 million.
o US$25 per tonne indicative OPEX processing cost at steady state conditions.
o US$36 per tonne indicative OPEX mining cost utilising mechanised cut and fill.
o 15-year production plan, with significant potential for extension.
Hopefully a good day
Who knows. Biggest thing that needs to happen now is still the funding issue. We now have very little funds after the most welcome delisting. Let's see what LR has in store for us!!!
the week we have been waiting for ? Any thoughts as to what potentially will happen this week ?
I make a lot of people smile funny enough , My friend , You have to look on the bright side , The return is greater on a cheaper share if it comes good , i am glad i brought a bit of humour to you'r life G L A
So just very sadly been reading back through the posts from the back end of last year, and appears after many peoples calculations that our NPV is around $180m - $220M. Hopefully that is confirmed tommorow by RNS.
So lets work on the mid figure of $200m which equates to £152.88M, with 5.6B shares in issue gives 2.7p SP circa. (Figures rounded for simplicity)
Another way to look at it is small holders with just 5M shares could walk away with £135K given time, and there are a few large holders on here including myself who with patience could see huge returns, and IMO it will be this year, early 2020.
The eagerly awaited RNS should make this opaque glass turn clear.
Have a good weekend all what is left of it. Roll on MONDAY 7AM!!
Bought some shares earlier , This could come good yet , Cheap shares , can't loose much money a friend told me and i did some research G L A
Like happy Mondays. Hopefully a well worded RNS with a clear path forward
I would probably concentrate my concerns over on KDNC if I were you, sir.
Getting a bit hairy here , G L A
Its official
Yes but im starting to loose faith. If nothing on monday then im not sure what the tactic is!
Who knows. Maybe LR will be on V O X today. He normally is after an RNS
Mmm doesnt look like today
Confirming delistng from ASX. Will others follow as we hope?
It's gonna be a fight back to previous highs but the resource will win out in the end