Member Info for DanielC43R

at just under 20p. HL saying 'bid situation'. No idea what that means but buy was successful. GLA

Leaves a nice margin on my very conservative estimate if they can prove up the 500K ozs. Hopefully not long and more than 500k oz. GLA

Not sure of the £2.25-£3.75 billion there. Typical return in mining seems to be around 10-15% from other prospectors I am in. So 500 000 oz x £1468 = £734M x 10% = £73M. Still x7 MCAP currently. Sorry if wrong and please feel free to correct my errors.
Have only used POG not taking into account origin. GLA

couldn't write it. Some of my non-producing prospectors up and this, a producer, down. What will it take ? What happened to the gold in BP (grades were very good)? GLA

SP over 0.18 at both times from what I can see on the real LSE (over 0.19 at 16:25). Probably sells IMO. Only bought in today (that's why 0.25p did not hold lol) after watching for some time. GLA

74p - now that would be nice. Would give me financial security for ten years. GLA

Did not expect to be back underwater with the imminent drilling tbh. GLA

not sure about that. GLA

Certainly a bit frustrating this SP. Topped up another 600K shares to help bring average down from 0.25p to 0.23p. So still underwater with 2M shares. GLA

In other prospectors I have seen 0.5g/t as a cut off point with current POG. This is a long term/bottom draw stock IMO. Much historical data and data for areas near by. Main positives still low MCAP and main market. GLA

Can buy up to 10 grams from bullion by post (£815, a £255 vat + mark up) but higher weight out of stock as usual (must be a world shortage, if only there was a company that could help). Pd over $2300 currently. Not very cost effective to buy Pd and Pt due to the VAT and mark up (unless price goes up massively of course). Pt did hit $2276 on 4/3/2008 and Pd more recently hit $2795 around Feb 2020. I would stick to gold coins personally as VAT and CGT free . GLA

cheers mushroomkid for the calendar. GLA

Would be nice DTTB. Pd at $2300 currently. GLA

mac4671 - I thought I had an interesting point (perhaps a little slow maybe or just too late re: FSP). If EUA proved the resource level of 40M oz we would be talking of a sale price reflected by a SP in pounds rather than the pennies ACF produced. GLA

The flanks licence only arrived on 25/8/20. Is it this licence that then allows EUA to prove up the RC estimates or to actually start production in this area (i.e. were EUA allowed to drill this area before the licence was issued ?) ? If they own that area then surely they can sell based on RC estimate (better if proved by EUA of course). GLA

From the 4/12/19 RNS;
'The potential for the area could be 40M oz of PGMs, but as stated above this data has not been independently verified by Eurasia and other than the area covered by the Company's existing licence the Company does not yet have any other licences in the area'
Sorry if I am being slow but is this why the EUA website only mentions the 2M oz PGM resource ? Now the licence for the flanks is approved am I right in thinking EUA are able to start proving up the Russian Cadastre estimate ? GLA

Yes it was 30% WACC.

Both the ACF report and EUA website (probably needs a good spruce up) mention 1.9M oz and give a sale price around $1.5B from my short memory (sorry if it is wrong). With the MT flanks there is a potential (used in an RNS late last year) of an extra 15M oz i.e. 7.5X the original resource. Has this been accounted for in the conservative 78pps valuations (I do prefer SWS's valuation lol) ? Also, sorry if I am being a little slow. GLA

1. GGP
2. EUA
3. HZM

cheers for that girlupnorth. Possibly a lot sooner than I thought, nice. GLA