Member Info for DanielC43R

Taken from 10 Feb RNS;
'The grant of the Annaburroo Gold Project license allows the Company to proceed with its maiden exploration programme on its fully-owned gold exploration projects in the Northern Territory. I expect this programme to commence from Q2 of 2020. With the Company fully funded into 2021 for our planned work programmes, we look forward to reporting on the corresponding results of these programmes accordingly.'

From 18 Feb RNS;
'The exploration permit applications will now go through a process of governmental, First Nation community and local landowner, stakeholder review with a decision due on or before the week commencing 5 April 2020. The planned ground work programmes will coincide with the snow melt and will follow on from a planned drone airborne magnetics survey which is being scheduled for late March.'

Hope that helps a little, there has been limited info from this company of late (I got spiked with this one at 5.2p, saw some of the grades produced and liked them). Happy Easter to you too. GLA

Cheers for that Crazygolfer. A very nice buy there, makes my 50K shares look tiny. GLA

Good point Rocky500, had not considered that. LSE site has some odd ways of late.

Regarding two trades on Thursday at 16:25 and 16:27. One sell for 100k shares and 1 sell for 2.5M shares. 100k at 3.65p and 2.5M at 3.24p. Is the SP difference due to size of trade and if so would it have been better to sell in blocks ? Great rise Thursday long may that continue. Happy Easter all and GL.

Nice to see some great posts, cheers to Luc, RNSman, SB4132, Sean12345 (£9, yes please). It is certainly nice to read the informative and wise posts for a change. GLA

A 'fag packet' calculation by Moneymaker2015 at 10:26 on Thursday was interesting. Valuing EUA around $14 billion. Putting the SP around £4.50 ish I think. Now that would be nice. GLA

Back to the ACF report which put a SP value around the 57p mark which reflected 30% risk as flanks not approved at that time. Now it is derisked (because flanks approved) a SP value around 75p makes sense. Have I recalled this correctly? GLA

perfick, yum yum, with some palladium leaf to finish.

Need to move really fast to get to my average of 5.2p, everything crossed. GLA

Moneymaker2015, would that give a potential SP of around £4.50p or have I put dp in the wrong position ? ($ billion not same as £ billion). GLA

RR1889 - I understood that the flanks approval is essentially fully approved.

'Approval by the Federal Security Service (FSB), the last remaining federal body, whose approval is required for the flanks licence application, was also subsequently confirmed to the Company by Sevzapnedra. The Directors expect the license to be issued by Sevzapnedra soon as per standard process.'

Did I get this right ?

'Sucshoc' = Suschov apologies

Perhaps some trepidation as to the full meaning of the RNS. Flanks fully approved - we were all waiting for this and it is essentially finished - Brilliant news. The bits we all fear are no NOMAD and cancellation of shares (all our invested monies disappear somewhere) and AIM rule13 not complied with (Sucshoc lending money from one of his other companies and getting a cool 9% - not disclosed) .

'you should not take advice from a bb' - wrt. whether or not the share is worth investing in. loose = lose.

You should not take advice from a bb. Rampers and derampers all over the place (I made that mistake and am £10k, £20k including a suspended stock, down on a £43.8k investment in the space of seven months). You have to trust yourself to do your own research (which includes reading and then trying to understand the RNS's that come out from time to time). Only invest money you would happily loose, and even some RNS's can be tripped up (Lekoil fraud Jan 20 springs to mind). I am holding here only 200k shares but at an average of 1.42p. I will be holding and hoping to double that (next year hopefully). Sorry, probably not what you expected.

Would like to buy but HL does not want me to,site is useless. GLA

Yep, it is all over the place. Posts not updating, being posted, etc. Best wishes to Boris and family. GLA

Hard to say but I think a red day.

Sorry, but what is COS ?

I wish DegsyAlmond. Think you meant 0.08p. Well under here at ave. of 0.24p. GLA