Member Info for Bebeto

Blue day every day as drill results now so close. UOG in strong position (guaranteed $60 a barrel) and well undervalued.

10p before news with the market predicting 10M Oz.

As a rule of thumb, I'm using a ratio of 1p in the shareprice to 1M Oz of gold in the ground as the market is pricing it in. I am expecting 10p shareprice before results.

Newcrest won't want to get involved in a bidding war , so they're more likely to nail it down earlier then sort out the definite later.

Expecting a partial maiden resource estimate, for a down payment on Havieron. J/v for the rest of Paterson.

From RNS 2nd April:

"The Company's pre-payment facility with BP provides downside price protection by effectively hedging 6,600 bbls of oil per month at $60/bbl for the next 30 months"

Knocked on the 8p door a few times and now it's been opened.!

Yes, it's going to be interesting as the company (49% invested in) recieving an unexpected windfall of extra high volumes, which will no doubt have an impact on debt and profitability.

Should be back in the 3:s iwithn the next week after drill results.

Newcrest has increased it's exploration rate by 67% in stage 3, MRE is in conjunction .

Yes good call

Bounced well last two sessions. Looking to increase holding here, it's only the market conditions for the sector, that's stopping me.

GLA

Regarding shares, Beetham can do whatever he wants to do just like any one of us can.

Regarding Havieron, even low estimates of it's worth, for GGP it's virtually double today's shareprice.

It's all speculation on how much gold and what's it worth at Havieron, what's not speculation is that Newcrest has seriously ramped up its drilling campaign there and ramped up their cash in the bank from $800M to $1.4Bn. Both for a very good reasons.

Shareprice fluctuations but the bottom line is ESL through 49% ownership of of greenwhitestar is doing a lot better than forecasts predicted.

10p before news is on now.!

Looking forward to the market opening tomorrow. The shareprice is rise is going to accelerate into news landing.

Agree, good interview and nothing we didn't already know, massively undervalued here.!

If they are going to buy us then our share would be suspended. Looks to me like they are going to buy Havieron and J/V other projects. Newcrest has made funds available for a down payment.

Yes the RSI is over 75 , which means the free float is getting smaller and smaller the free float the higher the spike on news.!