Member Info for CaveatEmptor

I have no doubt that we will see at least 1p, but the warrants will continue to be a drag on the SP for some time to come - if all approx 800 million warrants are exercised , the company will have raised around £1.2M from them and it will in deed be fully funded for the foreseeable future - but with almost three quarters of the warrants still to be exercised they could take some time to clear.

Of course a certain number of warrant holders will be 'supportive' or waiting for a multi-bag and will not exercise their warrants, so if we are lucky then the warrants will dry up sooner rather than later and the SP will be free to take off.

Either way, that 1p target is just the start IMO, so those that do not mind holding for a while are likely to make the best returns on their investment.

Hello Lucky,

I think the current alluvials will last until early next year, maybe end of Q1.

The new alluvials are supposed to have an 8month LOM - so alluvials really nt important in the scheme of things. GF has the legs to last 4-5 years and FB much longer, so hard rock is what we should be concentrating on IMO.

GF production likely to be the next significant news - and that will probably be next year now, unless somebody pulls their finger out and preparations are completed before the rains set in...

For the nth time today you can sell well above the mid price, don't believe the spread - Rule 1: MMs lie.

Maybe POG testing £1,950 again will help to bring back a little more optimism here?

Some could already have forward-sold - that would explain the 37,500,000 sell earlier today?

Another £100,000 in the bank and now we know where those large sells came from?

Can sell well above the bid on ii

Enough to be over £100K down since the spike on October 20th - Still, easy come easy go, eh?

It's the final destination that counts, not the bumps along the road.

-I wish!

Looks like somebody has more shares than me now... Still, No2 ain't bad

For the sake of balance...

What does the 37,500,000 seller at 08.17 know that we don't? - Even if warrants, makes you wonder why not wait for the big rise before selling?

Eureka sale should net more cash than Mankanyan, IMO. But when will that be? OK we have been told that there have been several suitors in recent months with one in particular that is showing genuine interest, but the wheels of acquisition can move painfully slowly.
I have no doubt that the SP will multi-bag from this level, but will we all live to see it? - Jam tomorrow...

Yep...

Price monitoring extension on its way?

But maybe not - after hours auction still going...

Well, it looks to have closed below the day high -pity...

Well I guess that if the SP finishes today at a high, then that would be a pretty good indication that the increase has just began and that more gains will be made in future sessions - We shall see...

Thanks, ST - plenty of jam tomorrow, I'll give you that - but why the rise today?

Another tick-up...

Looks like the SP is getting ready to break out again - but no particular reason?

Hello Andrew,

With the current rally in the POG now would be a good time to get some decent production, so I hope you're right - however we have missed several much higher spikes in the POG in recent months, so I'm not holding my breath...