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Institutions would find way in if they so wished.
Could we be heading for a big New year announcement? what concerns me greatly is I do not see any evidence of institutional
investment. All share purchases look like have a go punters.
Takeover would be a good investment for a company or individual who could view the wider picture.is Tourism and all other possible added attractions and believe me there are many. I would imagine what is holding everything back is the delay in any exploration process in the vicinity. Perhaps they have discovered that all exploration has proved negative.
It will come good but I am afraid it will be long haul.The way the SP is declining could be the calm before the storm. In other words takeover looming.
My suggestion of buying opportunity at 67p is still there and in my opinion what an opportunity it is.If you study the Directors and senior Admin it becomes abundantly clear that this mine is only the start of the story. The sheer numbers are much too large for the current operation.It will be massive future expansion or takeover or merger. Either way excellent for share price. I would expect at least double by xmas 2022
Big buying opportunity now.
I think all shareholders will have to wait years for signs of any value.This follows discussions with a learned friend of mine,
who has much better understanding of these matters.The facts are that substantial funds have been invested and will need to be repaid together with the retention of funds to enable further expansion in gold in Scotland and elsewhere.I would suggest that funds even at the moment are extremely tight.
However, a takeover bid should not be ruled out which could secure a serious uplift on todays price and I think that is probably our only hope.
As regards corporate. Can you imagine the value of this gold to the Whisky industry. I would suggest huge and therefore price of gold will far exceed the normal gold price.The jewellery aspect is interesting so long as the trade is prepared to pay the premium on price. I still think the answer is to have THE SCOTTISH GOLD CENTRE based in Tyndrum manufacturing the jewellery and retailing on site to the forthcoming ex large tourist industry.
Has anyone seen the FT article today because if that does not push up the share price nothing will.
If anything the programme last night proves there is more interest in England than Scotland for Cononish.Lets hope the
upward trend continues. Could the programme be repeated in USA and China. I do expect a surge in tourism in Tyndrum
This is the official start I think and so now it is onwards and upwards. Do we have any tin in the mine or the area? Well done the finance people involved for keeping faith and please do not forget the tourist aspect of this project.
I just happen to know that SGZ were offered a joint venture with substantial backing. However the offer was totally refused.I think that offer may come again in view of the circumstances. The real question is how much funding is required to get us into full blown production.I suggest it could need at least 5 million and probably more.On the good side the gold is there and the infrastructure spending that has taken place would not have happened if homework had not been done correctly. I am very bullish about the future and now is probably a buying opportunity but I will wait until another rights issue is announced as the price could fall further.
Facts are I have has mentioned many times NLR quite rightly as the major investor wants maximum return. If I was in same position I would think same way.These things are simple in todays world. In other words buy today sell tomorrow and that is what I would be doing at the present moment.I also think that there are companies looking to make a bid but they are sitting on the fence. There will be a takeover bid soon in my view followed by a bidding war. I do know of one party looking seriously at the situation but I suspect many others. Congratulations to NLR on a very successful very profitable investment which you deserve
People of Tyndrum please understand this is PLC company with no Cash only NLR and do you think he can finance this operation?
I doubt it.
NLR a very clever person as I predicted for himself not shareholders . If you wish to sell for less go for it now to preserve what cash you have left.
One man control is a very dangerous situation for any investor
Looks like Gold price about to increase substantially.Nomura and Credit Suisse losing mega money on lending to hedge funds. How many more!! We already know from the past Banks are like sheep where one goes other follow.
Obviously a long way from success . The costs are very large and much more finance will be required. The whole project actually depends on the discovery of more gold and silver around the area.The company should be applauded for what they have done it is quite remarkable but still long way to go.
Richard Gray has done a superb job with the community and I suggest to all that live there find a way of saying thankyou.
Just watched the Gold Town programme on Iplayer and it is obvious to me that what is taking time is the training of workers on different jobs. We all should be willing to wait as a lot of the jobs are for local people. It is also important that they fully explore the surrounding area as it could extend the years for these jobs. The shares will go up a lot and we must have patience.
My message to all is quite simple.NLR is in full control and quite rightly so because he had the money and saw quite rightly the opportunity but do remember people that invest that amount of money look for a return.The return does not come from running a mine for 20 years it comes from the sell on of the shares to another company and what is happening is sensible if you follow my logic.To get the best price you explore the surrounding area and if there is positive results then you are living in Barbados. These are the facts as I see them. From a shareholders point of view we wait for4 the bid but as NLR owns the Majority of the shares small shareholders are just chicken feed.
I would not expect the personnel employed to not know what they are doing regarding production.As in any production of anything delays and unforseen problems occur. You only need look at the vaccine production fiasco in Belgium for evidence.I think patience is the only answer.