Member Info for Caterham7

I read on another CB related bb a few weeks ago, that CB is 81 years old. Crikey - hope I remain as well preserved as him if I ever reach that age. I suspect he is going for one last big push to seal his legacy!

Yes - delayed till Monday

No - court decision is tomorrow.

Hello Ian,

Looks like you are going to have to add a booster fuel tank to you rocket to get it the extra distance!

Please can you put me down for 95p on 1st July (this year!).

Thanks

Sprott are one of the most respected global names in gold investment and forecasting. Here is link to their 2021 forecast which makes for good reading. They predict $2300 gold by end of this year. What will PAT’s assets be valued at if their forecast is correct?
https://www.zerohedge.com/news/2021-01-12/2021-gold-and-silver-price-forecast

GGG - the size and av. price of our holdings is very similar, and I plan to add more in new ISA season if SP is still hovering close to todays price. I get the impression there are a few of us on this bb with material size holdings. Would explain the excellent research and content on here.

Great post GGG. It’s been a long slow three years of investment here in NCCL, but looks like the stars are aligning. Do you know if there Is some sort of contractural deadline date, by which power has to be supplied to the interconnector network - this would be the ultimate backstop date that dictates the timetable.

Has anyone ever tried valuing NCCL's coal resource?

Looks to me like 99.9999999999% of posters on this bb have not worked in the Exploration Resource sector. Delays are considered normal business!

Flashy500 - there are many positive pre-drill indicators to look for, but two most important are strong GravMag signature and favourable structural setting with fault conduits intersecting the GravMag anomaly. Haveiron has both characteristics, and is why it was drilled. Swag also has both! The feeder fault conduits typically permeate the ore bearing fluids to the area of the GravMag anomaly via a network of smaller faults that are beyond image resolution. There are two reasons why you would typically not want to drill directly into the main large scale faults clearly seen in the investor presentations, etc, 1) the faults can sometimes contain poorly consolidated brecciated rock that is mechanically difficult to core, and 2) high gold grades in the fault breccia zone mostly occur over a narrow zone, and are therefore not representative grades of the wider target body. Hope this helps.

Apologies for interrupting the abundant postings on US politics.

Bamps21 - The GravMag fingerprint character of Swag is very similar, but stronger and larger than Haveiron. Swag is all located on intersection of some well imaged linear magnetic anomalies which are likely the fault conduits that carried the ore bearing solutions.

I don't often post, and haven't read the bb much over last few weeks, so apologies if I'm repeating what others have said. If Swag results are known (positive or negative) then the Nomad would force RNS saying such. Lack of RNS suggests to me that either 1) the Swag results are not yet definitive (Im an Exploration Geologist and could give a long list of technical issues - mechanical, geological, lab based, etc, etc), or, 2) there is legitimate reason to withhold the results because they are commercial sensitive to ongoing negotiations.

Having looked hard at the Swag pre-drill data, I would be gobsmacked if Swag is a failure. I purchased 70% of my GGP investment post Haveiron, because Haveiron massively derisked Swag (I think Swag looks better than Haveiron).

Good words of wisdom GGG. In terms of meeting timeframes, I am more cautiously optimistic today, than I have been in the past, because it appears that Moz Gov understand the real urgency to provide electricity to the region. My work has had me involved in a few resource opportunities in Moz over the last two decades, and if Hanno is to be believed (which I don't doubt), the Moz Gov appear to be positively interacting with NCCL to move this project forward, much faster than I ever had the pleasure of experiencing! Also, I suspect there is a realisation that shutters may be coming down on sanctioning of all new global coal power developments in the near-medium term, so an urgency to get this project across the line. Another also.....it appears the Chinese really want this project to happen - so, if the Moz Gov don't pull their finger out and stick to agreed timelines, the Chinese will start strong-arming Moz in the manner they do so well! Keep buying the dips, the next 12-18 months will be very rewarding.

Im looking to invest some top sliced EUA funds, and am liking initial look at IRON. However, there doesn't seem to be much asset info on the company website. Are there any investor presentations / research reports? thanks

One more question.......does anyone know when we expect to hear results of Chinese resource confirmation drilling?

Aberdeenman - I was just browsing the IRON bb, and noticed you were posting there. Im not invested in IRON, but am doing some DD. Appear to be many similarities with ZIOC - massive high grade ore body, known about for many decades, never mined, bombed out share price. What are your thoughts on IRON relative to ZIOC? Ta

PS. I assume you live in Aberdeen. I used to live in Potterton, on north side of the city, just passed the exhibition centre. Does The Grill still exist on Union Street?

Does anyone recall if SF has made known his views on GridX?

Yes - Rajasthan High Court listing date now stated as 15/01/2021. Negotiations ongoing......

Same - I had a GridX comment deleted as well. Maybe more true in this than we thought!

Yes it would! At first I wasn't overly enthused by the GridX JV, but seeing as how the whole ESG movement has snowballed momentum over last couple of years, I genuinely think NCCL has early mover advantage. Problem with the coal project, is that no western institutions with reputation concerns will invest in NCCL. However, an Emerging Market Renewables company will have cash thrown at them. Sell the coal project to the Chinese and invest in what western markets will gladly back.