Member Info for ChartaRex

To put that into perspective, our current sp is giving us 16% of our true value.

The other 84% is still to show up.... :)

Happy days :)

B4zH,

I calculate 55.85p

Resource is 8.4moz (2.52moz net to GGP)

Our AISC is $643/oz

Gold is $2040/oz

Our AISC may reduce further & gold price may go up over the next year.

This provides nothing for ongoing drilling or our other tenaments.

Rex

Lots of conspiracy theory today.

Just keep buying & put a Sell order on at 50p. That'll stop "them" borrowing your shares.

Let the pump commence...............

Hopefully this blatant pump will reach 3.4p so I can get out :)

Cheers for that Surginator.

I've just had a quick look, but it's impossible to value without more info.

Having said that, 4.7m lbs of uranium at $85/lb is $400m/£320m. which is 23p a share. Though uranium price is suging now, it may pull back in the future.

Anyway it looks like they're a few years away from production and those numbers don't take into account any mining costs/taxes etc. It could be quite a long wait (but we're already used to that with WSBN, lol!).

Think I'll give it a miss & concentrate on my near term targets.

Thanks :)

Cybertron,

If it goes to 3p I'll buy every share I can get my hands on, and then some :)

If it tanks, then fill yer boots, load up & thank the shorters for the unexpected gift. Simples....!

In 12 months time you'll wish you had :)

Rex

Wouldn't want to be out of this over the weekend. Lol! Someone had tosay it.

It could be a Monday morning 7am RNS, who knows?

You can have all of mine for 3.4p!

Got any plans for your money if you get out Surginater?

I've got a nice wee position in Eco that I'd like to add this money to. Currently in FO discussions with at least 3-4 supermajors. Check it out if your interested.

Let me know if you have anything interesting I could look at?

Good luck :)

A few large buys going through this morning. Are we due news?

You're probably right Watcher, but trading ain't for me. I'll wait for breakeven and hopefully get out loss free. Just need 3.4p to move on. Just wish RP would hurry up and pump the s*** out of it :)

Further to my last, this is taken from yesterdays RNS:

"Additional holes drilled at Cottesloe continue to have visually encouraging results".

To put that into context, I was having a coffee in a shop the other day and a "visually encouraging" young lady sat down at the table next to me. Needless to say, that never happened either.............!

The cores look pretty. Isn't it funny how they almost look like lumps of gold running through them (for those that don't know what they're looking at).

I think we're being gaslighted on an industrial scale here. Always "jam tomorrow" with Poulden.

We had £480k in June 23 & raised an additional £1.4m in Aug 23. Total = £1.88m in cash.

"Admin" expenses in the 6 months to June 23 were £665k. Assuming the same for this 6 month period, then we have £1.21m in cash going into January.

We have no gold "discoveries", no income, a laboriously slow/delayed drilling season & no Red Setter Assays (very overdue now!).

Expect yet another fundraiser next summer, alongside some nice pretty pictures of random cores with promises of Eldorado.

If it ever gets to 3.4p, I'm out.

Oh, and I haven't sold out - no idea where you got that idea from......?

The market is clearly waiting for the official sign off, hence my belief we'll drift a little bit - and as we're down over 3% today I'm probably right. I'm sure it'll tick up during Q1, which I'm happy to wait for. If it goes low enough, I'll top up again.

I have money in ECO because they have acreage offshore Guyana, Namibia & South Africa, which is currently the hottest plays on the planet right now. They're also in farm out discussions with at least 3 or 4 supermajors right now as well. They also have potentially 1.77Bn barrels of oil. It's worth a small punt.

I'm happy holding AET for the long term & happy with the near term potential at ECO. So what's the problem?

Or do you only invest in one share at a time? Me? I've got over a dozen individual companies right now.

Duster,

Not sure what you mean?

I have both AET & ECO. What's the problem with that?

I think it'll drift down to around 28-30p until the deal is signed off in Q1. Just my opinion.

Still a long term hold/accumulate.

I amost forgot, the 770mbo & the 1bbo taken together, value our shares at 1.9pence each. Yes you read that correctly.

Most oil in the ground is normally valued at between $1-3 per barrel. Assuming the 1BBO is correct, we are currently sitting with approximately 5 barrels of oil PER SHARE. You do the maths. :)

This "could" be a 100-300+ bagger, it could also be nowt. Place your bets ladies and gentlemen, place your bets...........!

It's almost at CAD 0.15 now & the sp is sitting at almost a 12 month low. Don't know what difference it makes at this stage. Buying now guarantees a low buy-in price.

As for Guyana, The American supermajors are all over it, do you think the US Govt will just sit back and let Venezuela steal it? The US Govt are all over the threat as we speak. Nowt to worry about imo.

Yep. I've topped up (trebled my holding) ready for the move up.

If ECO can land a farm-out it'll shoot up. If they can land a couple, it'll shoot the lights out for a while.

Don't forget we already have 770 million barrels offshore Guyana & a further "potential" 1 Billion on our SA blocks.

I'd rather be in early and wait a few weeks/months, than try to buy once it's rocketed.

Just my strategy, each to their own I suppose :)