Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Also the Canadians are yet to wake up and see this press release so they may come in and buy this late pm.
The Aussie are asleep so they will only read about it late tonight UK time.
Plenty of buyers yet to join the party.
Market makers are probably loading up on stock before letting it run.
GGP did the same when they announced HAD005. Up 20% on the 1st day, then it ran another 50%....
I expect market makers will open this up at 0.90 (or higher) tomorrow.
Back up the truck...
Uranium permit and this lithium exploration story will drive the share price higher over the coming weeks.
That's all peeps really care about.
It's early days in Thor's Ragged Range exploration programme.
No one promised an instant win on the 1st round of drilling!
Lithium and uranium will drive the share price higher.
No one cares about gold exploration these days...
Once again lithium mentioned at Ragged Range!?
I only care about the uranium permit - receive that and the share price will run hard....
I think the view is that Pilot Mountain is total rubbish so any cash / shares upfront is a bonus!
The uranium permit will drive the THR share price. I think this should be finished soon?
From what I understand we can expect to see drill results in January (Ragged Range, Molyhil) and there is progress on US uranium permitting. 2022 will be better than 2021 for THR shareholders IMHO.
This is a minimum 10m oz Au eq deposit given high grade depth extensions and the breccia regions etc.
It is odd some guys here are still using a $/oz metric when trying to value GGP.
This is development / production story (with juicy exploration upside) so NPV is the correct methodology here, and you have to assume min. 3mtpa production or even up to 5mtpa. I expect the DFS will show a much higher production scenario.
20p per share + exploration upside $$$$ not a difficult hard target for GGP over the next few months IMHO.
"Growth drilling" (!!!) far more interesting for investors than "Infill drilling" (yawn)
Newcrest really going for it now in terms of growing Au ounces = brilliant news for GGP
A real possibility of a brand new discovery on the tenement e.g. Zipa / Havieron North
High grade zones in the Deeps which is just great stuff, extends mine life + increases NPV
This is great stuff for GGP shareholders. 2022 looking really very interesting now.
This now gets a "Strong Buy" rating from me.
The shorters are clearly scared so they stepped up their efforts today to scare the retail punters.
Drill results on the way. Woohoo
I'm looking forward to the upcoming short squeeze.
BTW, did any one mention the possible upcoming takeover bid for GGP? The lower the share price the more likely Newcrest makes a bid. Lololololol
Shorters are playing a dangerous game with GGP. It's an exploration company and one drill result could massive increase the size of Havieron (especially at depth). Let's see if I'm correct tonight/tomorrow re. stellar deep drill results....
Then we will be thankful for the short squeeze!
It does look like someone is trying to keep the share price down or perhaps market makers trying a tree shake to load up on stock?
If they are short they risk getting burnt very badly tomorrow am.
I still expect some pretty outstanding drill results tomorrow especially the deeper drill holes.