Member Info for chester18

There has been a lot of speculation on here that Newcrest will buy either our 30% or in fact all of GGP based solely on the MRE.

I am convinced GH will never agree to, unless it's a price that covers all of his expectations.

Seeing how he conducts himself there is not a cat in hells chance he will sign off on a one sided cheap deal. We could not have a better man at the helm.

Chester.

Adding up everything that has been said the conclusion is that the MRE will hugely influence the share price but GH will more than likely do a deal for the 5% but not agree anything else for around 12 months until the full ?millions of Gold ounces is defined. Only then will a true value be known and a sensible discussion on a deal.
By that time we will have a better idea of what Scallywag contains, plus any progress on the properties.
Plus Gold will be $2,500 a troy ounce.

Chester.

Surely for GGP to agree on an MRE, Newcrest will have to define the extent of the ore body ( maybe be not at depth ) and If later during the mining they found other very high grade zones they may have a clause in the contract where GGP were compensated if we sold out completely.

Chester.

That last one is a town up north east .......

Strange how you can't say Matt Han****, I wonder if you can say Dick Turpin or even S****horpe......

Chester

Reassuring just to hear that the company continues to plough on and supply as much product as they can. Tough times for everyone of us and my heartfelt gratitude goes out to all NHS doctors, nurses, ambulance crews and all auxiliary staff, cannot thank them enough.

Chester.

Try
www.londonstockexchange.com

Just use the GGP ticker. You can get relatively uptodate details of trades free of any cost.

Chester.

It's a very interesting trade, but if I wanted and indeed could afford to buy 150,000 shares I can either put through 30 trades of 5k ( which if done to quickly would stimulate the share price ) or could give an advanced order to a trader / market maker to buy them by a particular date in the future at a pre-arranged price.

Whatever the actual reason it's a very positive reflection on someone's confidence that Reneuron is the place to invest £200k.

Chester.

We closed at £1.00, out of nowhere. The large trade at £1.28 must have been a buy order place 10 or so days ago when that price looked cheap. I do hope that something underpins this rise but in the last 6 months we had these mini rises only to see the SP slowly slide back.

Positive News would be very welcome at the moment.

Chester.

Lots of buys showing 90p ++ and now the live price is £1.03. We have seen these rises from nowhere before but it is intriguing.

Is news imminent??

Chester.

Can't see it on LSE but its showing on
www.londonstockexchange.com
Under the RENE ticker.

Chester

The new chairman is definitely going to earn his wages getting us through the next 3 to 6 months. Tough times ahead but I still have faith that once we're on the other side of this pandemic TRX will come good.

Chester.

Is that step out further to what GH in the last Proactive interview where he was talking about how Had42 crossed the breccia away from the HG zone and hit 19grms/tonne gold.

With it being such a jump out do you think their coming back across at a much shallower angle to confirm width rather than depth?

Chester.

To tenderise you should always hang your bat the right way up for 24 hours before cooking.......

Chester

News next week with the announcement of the 'End of stage 2' plus in that release a further update on recent drill cores would be nice.

Chester.

Psychologically once they own that 40% of Havieron it's got to calm the nervous doubters and allow the SP to rise more smoothly.

Chester.

Will the completion of Stage 2 by Newcrest have an effect on the SP?

Chester.

Given that a good few of us regular Rene posters are going to be stuck indoors for a while I for one would be glad to be cheered by peoples fantasy share price predictions.

The current 82p a share is great investment opportunity with a real chance of transformative news in the next 3 to 6 months. Not withstanding the impact of the current awful pandemic, all of the bio R&D companies like Rene will continue with ongoing trials. The medical industrys drive to improve outcomes in hundreds of diseases will also continue, maybe slowed down, but continue.

I would hope that TRX MCap is worth at least £100m by next summer (currently £26m).

Chester.

Are you joking, there is now an ocean of cheap finance available. The chances of a better arrangement than the MidCap deal have probably increased.

Chester.

If people want to 'sell out' no one can stop them. If it is many peoples mindset to get whatever cash they can then the SP and MCap will suffer. There is now an ocean of cheap money about to be released by every country so in a sane world TRX will be able to re-finance by the end of April.

I do ponder why its taking so long to organise but I'm not thinking the company is about to close down.

It's a gamble like all investments because of the unknown. I'm going to hold tight and add as and when I feel TRX / SP is a better bet than any other share I have researched.

Chester.