Member Info for Benrumpson1

Evening All

I hope you’re all well

Didn’t this happen last week first couple of days of lowish volume sp went down a little and then Thursday Bang, it jumped!

Maybe the same routine, let’s see!

Anyway this seems to be ready for the next leg up!

Good luck all and happy trading

You can see why he prefers Asx especially as a miner.

Asx listing price for a $2b company is $900k approximately +$100k a year.

👍cheers for that.

Thanks for The response.

The reason I ask is there previous ratings were higher and the mine has got bigger + extra stuff happening, I know the quantity of shares has increased but to counter act that we kept the 5%.

I am just trying to get my head around how they come to their figures!

I am hoping that when the DTM comes out the sp will double, especially if the date is not too far away.

Just interested in peoples thoughts and opinions!

Thanks again MH01

Hi MH01

What time frame are they looking at?

Year end or next year?

Cheers in advance.

Good afternoon All

It could be very interesting week ahead!

The shorts are closing by the looks of it ( be interesting to know the true figure they need to buy back).

Could be a Rns or Rns’s .

Also a big buyer in the background!

And time is ticking by!

All making for a perfect storm:)))

Life ain’t bad, it’s nice feeling when you’re looking forward to market to open!

Good luck all

Ben

Hi MH01

The handy thing is these shares are going into sticky hands by the looks of it!

I wonder what their time schedule is, or what time they think they have to accumulate the quantities they desire?

Interesting times ahead 👍

Afternoon All I hope you are all well!

Looks like he/they are still loading up 2 weeks ago looked like they set their buy limit to 10p and because they dried up they had to up the limit to 11p to release sellers!

Looks like it worked, now how many more sellers at below 11p are left?

How long before they have to up the ante again and how many more shares do they need?

Big questions!

Here’s to a great weekend all !

We are all that little bit more better off ( on paper) than at the beginning of the week:)))

All the best Ben

Hi Ace I wish I was!

Busy busy bee at the moment, they like to get the shells built and water tight in case we have a bad Jan/feb.

I would have enjoyed today!

All the best Ben

Evening All I hope you are all well!

What a lovely treat to finish work and see this!

Let’s see what transpires tomorrow or Monday!

A bit out of the blue!

Good luck all and enjoy the run in to Christmas

Good morning Academy

I think you might have got me wrong in my way of thinking!

What I was meaning is the MRE might push us up a bit 1,2 maybe 3p, but the big one is going to be the DTM that’s when we see things fly.

I could be wrong, I normally am but hey ho let’s see how it flows:)))

All the best Ben

Hi Bamps

67m will be very nice in the coffers, it will be great when all is revealed!

I have a very good feeling we are going to be happy this Christmas, everything seems to be looking that way!

And this is to next year when it gets really exciting 🍾🍾🍾🍾🍾😊

All the best Ben and remember all we are the cusp of something special!

The funny thing is the MRE shouldn’t add too much to sp as has been discussed, pretty much everyone has an idea what’s down there!

It’s the DTM and FS that is the biggy!

All the best Thinners for your try :))

Good luck all Ben

Good Afternoon All

Greatest respect to all the forces!

Hi Bamps et all, Shaun said early doors that this was a Tier1 20moz mine and I suppose that is the reason why he was able to bring on board the big hitters!

Although recently he has reined in and now calls it world class!

A penny for his thoughts of how many oz’s he thinks there is down there now:))))

🍾🍾🍾🍾🍾🍾🍾

Hi culpepper the funny thing is when Shaun was asked about a buyout for our 30% on HAV, he said the figure would have to be eye watering.

At that time I think our mcap was between £700-£800m now what is eye watering, for me 5 times that is, but for a realistic estimate 3 times, that’s £2-£2.5b.

At that time we was not in as a good position as we are now, with the banks already lined up to finance the 2mta mining plan and willing to up it if needed!

We have low outgoings compared to newmont’s in the HAV/Telfer agreement, so hopefully we can come to a good deal with newmont including royalties, because it will be hard to buy the 70% and pay for Telfer as well!

Other companies looking in would it be worthwhile for them?

Who knows!

But remember if they stonewall we can buy them out and if ours is the only offer!

Could be interesting!

All the best Ben

Hi Bamps

So the buyer over the last couple of weeks for 5% would have needed 250m shares, I can’t see he has done that, definitely not the 10% unless they already had a substantial holding!

Just my opinion!

But picking up 250m shares takes a lot!

Thankyou Bamps for sharing your information and thoughts, it all helps us in forming our own ideas and plans.

Here’s to a great Christmas and a very prosperous up and coming year!

All the best Ben

Thanks for that Bamps, I hope you are well and to your other question last week yes I still have that house in France:))

Just not the time to crack on with it! Lol

This company is starting to turn and it looks like the year ahead could be very exciting!

All the best Ben

For me this is could be the most likely scenario, we could end up out of the frying pan and into the fire!

I favour just keeping the 30% and going mining, until we can finance ourselves independently!

Just my opinion.