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Densteph, my suggestion is to focus on the news which comes out over the time period you mention. If the news continues to be good, the SP will take care of itself.
I suppose we can speculate till the cows come home - for my pennies worth, maybe the 50 million loan was conditional with new JV for PRE and Blackhills. We just and won't ever know. The deal is done, so its time to move on.
What the BOD have achieved in the last 12 months is remarkable - I think they have earned our respect many times over to ascertain the best way forward.
Is this not the inclusion into the MSCI index, Avacta and EUA also spiked at the bell, no?
its a little bit more complicated than that, I would very much doubt any changes
Speedy, you do know the riyal is pegged to the dollar.
BTB, at present it is all about HAV, however yes if we can prove up Kraken and co with some great first drill results and enter into another JV with NCM, we will see an increase in the SP. However to suggest we will see a rise of over 52p between now and the start of Feb, it's just not realistic. Trust me, I would love it, if it was, but sometimes we need to keep our feet on the ground. GLA
BTB, 75p at the beginning of February? I admire your optimism, but we have already been told the MRE will be based off a limited amount of breccia. Am all for being positive, but I am also a realist on that timeline you suggest.
"Hi, can I speak to S please, yes its urgent."
it's a fair comment Chester, but more times than most, things are a lot more simpler than we make it out to be. I think most people are tired of the conspiracy theories and just want news
Why would they be allowed to do that BTB - first refusal has no say over keeping results back. The whole point of the agreement is that it provides NCM to match any other offer which may come in. If they are market sensitive they have to be released. The obvious explanation which has been mentioned many times is there is a back log in results.
cheers stebol and paddy, I was thinking was I the only one who heard that. Certainly opens the opportunity to include more breccia zones
surely this is a positive - a delay will lead to larger estimate - thoughts?
"we hope to report an inferred resource estimate in the coming months". what happened to December?
Seems that Sandeep is saving us to last - should be interesting
Thanks Bamps, much appreciated
enjoying reading your posts Bamps. A question for you or others- what will be the process following the MRE in December. As we all know we expect this resource to increase in size significantly. How will they report the upgraded size of the resource. Are there MRE 2, MRE3 etc of do we have to wait for the PFS? Obviously the drill results will continue every 6 weeks. Just be interested to understand more
apart from the weekend antics, this is a great board. Well informed and knowledgeable members.
Spy - I seem to remember a 30% rise (peaked higher intraday) on the find of some nuggets at Blackhills.
Ok appreciate all the advice, much appreciated. I suppose the next question would be what "uptodate" information was provided for them to get to that conclusion. Apologies if that has been declared already.
JoeBass - I get your point, however (please advise if wrong) surely a broker note can only be released if GGP management are happy with it and allow it? Or is it totally independent and GGP do not have control of release dates/content. GGP did appoint them. Can anyone explain.