Member Info for Benrumpson1

Hi MH01 I hope you are well!

Agreed we have 13b shares and a year ago ( I think) was about 4-5b could be wrong and not looked .

But we must not forget a year ago we had 30% and holding on to shirt tails of the big boys, while they played mergers and world domination!

Now we have £1b worth of mined stockpile, a processing plant with attached mine and 100% of Hav.

Sp is not right as much as they can try to convince us!

Oh I almost forgot we have money in the bank and 400+ staff !🤔

Cheers Ben

Also I can only think the one’s selling at the moment, have to be shorters with borrowed shares!

Even if Callum ( not saying he is) sold all his shares over a couple of weeks, wouldn’t make a jot!

We know 3b odd are tied up in Newmont, the other shares bought by the institution’s on the last raise should be in sticky hands!

The amount put out to the pi’s were negligible ( in the scheme of things) and probably the profit taking ones have already been through the cycle!

So it leaves what?😉

Hi LA but if you take into account we were valued at £350m just on the strength of 30% Hav.

We now have 3 1/3 times more that should in theory put us at about £1.2b mcap.

Or am I in the realms of fantasy 🤷‍♂️

The more I think about this share the more I get amazed by it !

We get given £1b worth of mined ore , a processing plant to process it, the staff to man it and an existing mine to carry on with!

( we paid the money for 70% of Hav) and we barely move in mcap!

We don’t hit a bullseye at scally and we halve then go into free fall!

You can’t write it !🤪

Have a good weekend all 🍺🍾

Bang on there!

500k+oz that made the purchase of Telfer a no brainer, in fact they paid us to take it and 70% of Hav ( in theory)

Should be doubled by now!🤷‍♂️no excuses!

This could be an interesting trading day!

10%ers should be gone, FOMO and I wouldn’t like to be out of this over the weekend!😊

Come matty this could be a nice day!😉

Anyway Ace they probably need some spare time in March to count all off our monies!😊😊😊😊😊🍾🍾🍾🍾🍾🍾

Ace bang on 👍

The old bank balance should look pretty good at the end of this month as well 🍾🍾🍾🍾

And good old service doesn’t do anyone any harm!🤷‍♂️😉😉😊🚀

Matty I have no idea and I still think we should have doubled straight after the keys were handed over!

But then again I have a good track record for being wrong 🤪😊

Evening All I hope we are all well!

As of 31st December

We have A$220m

A$145m cash

A$75m non Drawn finance

And Debt Free!

Not bad after one month 😊😉🍾🚀

Hi Ian

So the stockpile paid for Hav and Telfer roughly, am I correct?

That’s if there’s 500k oz of gold!

Cheers in advance Ben

Looking at it with a broad brush!

Gold is £2230 oz and they are talking about 450000 oz over 15 months

Using £1000 profit as a starting figure that’s £450 million, I am correct in this?

So why the hell is our mcap languishing where it is?

Just a thought 🤪

Hi Aqua who would be selling?

Serious question!

Evening All I hope you are all well!

I don’t think the sp is being manipulated!

I know it is 😊 anyway I am not sure who or why is selling but if they are borrowed, I would like to know what figure we are at now!

Anyway one day I will look in and the elastic band will have snapped and as Fat Larry sang ‘zoom’

Good luck all and happy trading 👍

Evening All

I am now starting to get a good feeling about this trading cycle!

13b shares in issue and to me (even though there are a lot of them)have made there way into very sticky hands!

The shares being traded at the moment seems to be the same ones regurgitated and highly likely to be borrowed!

Just my opinion 🤔

All the best Ben

Hi Freddie I’m not having a go at you, we are all getting a bit frustrated now and there is definitely information being provided to some which can not officially be published or verified yet!

Anyway that’s the thoughts that keep me going!

Cheers Ben

Hi Freddie.

Best ask the banks, they were going to front us for 30% and then again reassessed again when 5% going through and now again when we have 100% + the potential liability / benefit of Telfer !

So if the banks are willing to back it there must be something they have been shown that we haven’t!

Just my opinion of course and all that!

All the best Ben

Hi Howezap

To be fair I think you are right and maybe we should not expect to much movement in the short term.

But I think the long term holders here have been managing expectations for a long time now and as we can see from last night patience is wearing a bit thin!

I am still hopeful of a rerate that should have happened after we got full control!

Hopefully if we can show we are a profitable company over the next six months, we can see a return to demand!

Cheers Ben

Hi jiffy it was pictured and put on the Ggp what’s app group the other day by a fellow member.

I do not have access to the link!

Cheers Ben

Jiffy they have 195m shares out on loan up from the 60m previous quarter.

What are they being used for and who is selling?