Member Info for Benrumpson1

Why’s that?
Two of the most important jobs on site:)))
Somebody has to do it and I had my fair share when I was a apprentice:(

James
There are many forms of bullying!
Now days if you ask your apprentice to make you a cup of tea ‘that’s bullying’ never mind clean the toilet! lol
Now the youngsters want to go straight to the top and not work their way up!
All in my opinion of course

As much as I am glad to see Sandeep gone!
My suspicious mind says was he pushed by.
The woke brigade for bullying?
Bad decisions by his part ( not just with HAV) ?
Or a puppet master ( who never got what they wanted) ?
Idle minds, and that !
As I say suspicious minds:))

Maybe Shaun can put in his $1 offer for Telfer Lol
How about a reverse takeover of HAV :))
At 14 times $50m that’s $700m , oh and $1 for Telfer,
We have the clout now:)))
Just dreaming

Good morning All
Big news, maybe the non purchase of the 5% for pennies was the final straw, maybe Newcrest will sort out their MRE 2 now and we can kick on!
:))))

Spot on Tymers well done for pointing that out, I stand corrected!
So at least we can have an idea how to try to value the asset!
Apologies if I misled anyone!

*** packet calcs
If we 20moz and mine 500koz a year!
Thats a life span of 40yrs
Let’s say we make £300-£400 a Oz profit
That’s £150-£200m a year without anything else and they seem very keen on Earnest Giles:)))

Hi Rosso
What do we think a 20moz HAV gives us as a sp!
I would like to hear all views
All the best Ben

Hi jiffy
If we take 5bill shares at 10p a share, when production starts going through and dividends start 1p =£50m, that’s 10% that ain’t a bad start and not in the realm’s of fantasy!
So 2,3,4p would also see the sp rise!
5bill shares isn’t that ugly!
All in my opinion of course

I’m not sure I would be happy with that, we have just over 5b shares at the moment, probably prior to mining 6bill!
With all the other assets and the potential of HAV is there such a need for that big of a cull.
In time once mining starts and revenue is coming in, what about a buy back scheme and dissolve the shares!
Just a thought

What consolidation do you think it will be 1-10, 1-5or 1-2

Hi jiffy
Shaun is hinting he will do his own MRE2 if Newcrest don’t.
We know he is in the double MRE range and after his last MRE was confirmed by Newcrest.
He carries weight, he has openly said this is a 20moz mine, so a conservative double MRE2 should mean the sp doubles on this news alone so hopefully he does this before the dual listing!
All in my opinion and that

I wouldn’t worry about that decline!
I would be more worried about the decline of the sp!
Lol:)))
Have a great Christmas all and here’s to a prosperous 2023

Starbright very interesting only half the trades need to be reported! Am I correct?
I always thought all trades should be recorded.

Thank you both
It’s always good to learn !
I have learnt so much over the past few years on financial stuff, my head is spinning!
All the best Ben

Thank you both.
I get more and more interested, day by day with the outcome of this saga , what’s going to break first PI’s or the institutions!
Me I am lucky I have my day job and I am here for the divi first and I have a trading pot (2 actually) 1 for beer tokens and the other for good profit!
But I feel for others who may not be in a comfortable situation, it’s wrong what’s happening!
But like you say maybe some have had enough and there are bargains galore out there in time.
Patience is needed here and let us small people prevail

Another view I was thinking!
Call me thick or ignorant if you like I won’t be offended.
But if this has been orchestrated years in advance, could it be like the ( Mickey Mouse energy companies) who buy the energy in more expensive than they sell it and go bust.
Or like limited companies and do the same!
Is it feasible this could be happening here!
It might be in the realm’s of fantasy, but we are in the financial circuit and if anyone can open lots of subsidiaries, it’s this one!
Anyway just musing

Hi Starbright
I understand that sell’s and buy’s are 50/50 and some show up wrong!
But GDXJ seems to have bought 25m shares, they have got them from someone and it ain’t me !
That’s why I am asking the question where are they coming from.
Thank you very much for your reply and hopefully we will find out the answer soon:))
All the best Ben

I must admit sometimes I do ask myself who is selling?
Surely by now the ones who got in early and have taken profit have gone!
Also the ones who have had to sell must have gone!
A new generation of traders who have bought in at 7.5-8p(can’t be many shares in this group) wouldn’t be selling now not enough mark up!
So it leaves who , borrowed shares? Callum? Who?
All answers appreciated!
Many thanks Ben

When you think about it a £400m market cap and just over £100k of selling,
The BANG should be loud when it happens:)))
Good luck all and dyor