Member Info for deserttrader

Moving forward this board should take a break on Saturdays! What was all that about!?

Probably getting way ahead of myself, but any experts on this board who can "guessestimate" the amount of tonnage which could be down there given the results so far. I know there is a great potential of further amounts being included - lots of ifs and buts. Tilburn was always pretty good at the workings.

Tatty - HADgold - hole

Excellent results - at least we now know, moving forward that NC don't stick to only updating the market with their quarterly reports. GLA

Relax Tom E- you have a fair point regarding FT, however the HAV update will most likely be released in the next NC quarterly report end of October as per last time. I am sure they will not want to disclose anything until they reap the benefits of 4 rigs going at it until the cut of end of Sept (end of quarter 3) ! Alot of information will be available to them and eventually us.

Following on from reddirt earlier's comments, assuming we do not hear any further updates on HAV until the October NC quarterly report and 4 rigs going at it. We could be seeing a very large number of new holes. Furthermore some rigs may also be drilling down existing holes. Thats going to be alot of info at their disposal by then. Surely by then they must be in a position to start to really quantify what they have?

Can anyone tell me please, is there a NC exploration update due next week or do they have it every quarter?

Like I say you have stated facts which are correct. However I wish for this company to succeed and provide returns for its shareholders. Do you want it to succeed or not? If the roll out is not a success then yes people will leave and be critical. Lets see over the next few months what happens, thats all am saying. Give them a chance to fulfill their plans instead knocking them down at every opportunity. GLA

applesauce - I note many of your posts over quite some time. Yes the SP is disappointing that it has dropped from a high of 9p, but I really don't understand the constant barage of negativity. The BOD have set out their plans, lets give them a chance to deliver. The next few months we will be able to quantify how successful the roll out is. But, please in the meantime, give it a rest. You have stated facts, which I wont argue with you, but lets see how the roll out takes shape, instead of constantly talking it down. Sorry but it's tiring!

Thanks Prospector, yes was fully aware of the remaining 30% belonging to GGP and the option of another 5% to NC at market value. Just trying to understand what would trigger a buy out of HAV as opposed to continuing down the same course. Thanks for the feedback.

Morning, just curious (again) what would be the advantages for NC a little further down the line to buy up HAV in total? If they continue to drill they will eventually 40% quite quickly. Why rush? Or would it be beneficial to purchase HAV or GGP outright in order to fend off any other potential bidders, subject to continued successful drill results?

appreciate the feedback matlot. I suppose what am trying to say is, if (big if still )NC were looking to take out HAV (assuming many future drills results are good) they have to determine the gold price at some stage to work out a value? - correct?

With Gold up over 20% this year, am curious on the following. When companies are working out the value of the gold below them, what price do they determine gold is? Is it the value on the day or do they take an average price of historical info or predicted price over the coming years? I would imagine if I can be quite tricky when calculating.

that's what I thought too. Therefore updates from BH and the remaining projects will be greatly received - assuming they are good!

In an effort to move this board on from this afternoon's posts, do we think next news on the latest assay results from Hav 11 (extended drill) will only come out on the NC quartely update, or can GGP force them to be released earlier? Thoughts?

"WE'RE GOING TO NEED A BIGGER RIG"

Just curious are you an investor or shouting from the sidelines? I will agree with you and most on the board will agree, there is of course alot more work to be done. However they have set out the strategy for the rest of the year. Could not resist an institutional buy, which did little to dilute and can only help. If you had purchased only a week ago you would be doing well, let alone 6 weeks ago! Have some patience.

I've noticed in twitter that warrants will kick in at 9p which will release further resources to help the roll out. Does anyone know how long the SP must stay at 9p for them to be exercised?

Does anyone have any info on the size of Tastecard i.e number of restaurants, revenues etc - when it was bought out for circa 100m?

To be fair Mickey, you do normally say there's a RNS coming out the folowing day. All be it, you say it everyday! lol

Agree a run of news would be most welcome.