Member Info for Dibs61

Finger - regarding the potential resource the figure of up to 20m ozs is quoted in a number of places if you do a google search but I can quote the following for example:

https://miningmaven.com/pdf/ConroyGold.pdf

20m ozs is mentioned in a few places in the article by the company themselves.

As for my thoughts on majors I’m sure AAZ wouldn’t want to give it up lightly but it is a JV on a project as opposed to a stake in the company and it is the company that would be bought out in its entirety I suspect. Money talks and for that kind of deposit it wouldn’t just be a premium bid it would be a bidding war!

eva I have to say I am finding your constant hounding of certain other posters here really quite unpleasant. It’s not to say that I don’t get a little frustrated with the odd poster now and again ( a little like I am with you right now). You come across as very alpha, very aggressive and very know it all. Not nice, quite bullying actually.

I’ve noted how you seem quite happy to insult people, things like ‘STFU’ and ‘FO’. I’m not sure about anyone else and I’m surprised no one has pulled you up on it but I do not like it. There’s no manners, no respect, and I wonder that you think you can get away with it as you make it very obvious you are a female poster. But it’s no more acceptable for your gender. Clearly, I cannot tell you what to do and I have no wish to but I would like to ask you to try and be more civil and show more respect or I will be reporting your posts. Then, of course, it’ll be up to LSE what they do but someone has to try to do something about this quite unpleasant situation.

I think the SP initially dropped back as seed investors scaled back a little of their holdings on the open market after IPO. Not sure what else it could be unless early investors were willing to take a loss. I doubt it, and it doesn’t shape up as a trading stock either, so far at least.

Now, looking at the valuation, Total shares in issue : 514,617,362 x 7p = £36m MC. They raised £20m in cash at the time of IPO. Thus EV, at that point, and at this price (7p) is roughly £16m. We can assume they’ve spent a portion of that cash on player purchases so far.

In the prospectus they said:

“Guild will be the first esports franchise to join the London stock market, which will provide us with the caché, credibility and capital to fulfil our ambition to become one of the world’s top ten esports franchises within three years.”

If that ambition is achieved then the MC will not be £36m since the top esports franchises are currently (note *currently*) worth hundreds of million valuation.

So all looking good here to get in early.

dnd - is that a deramp lol

Plenty worth waiting for here. Fully expecting highly encouraging double digit grade drill results and when it arrives.....

Fingeronthepulse- Couldn’t. Agree. More.

Your comment about AAZ absorbing CGNR is interesting. I commented a few days back that once the monster that is under the ground along this Gold Belt is progressively unlocked the Majors will start sniffing. With a potential 20m + ozs here this will enter the ballpark of Barrick Gold, Newcrest, AngloGold Ashanti etc.... I am not kidding. So, in the short to medium term yes AAZ will enjoy the fruits of exploration here (along with CGNR of course) but in the longer term they will have to compete with the likes of the aforesaid to take the ultimate prize imho. With greatest of respect to AAZ - no competition. It would be the culmination of the Profs long career.

DYOR

takingiteasy- correct, disregard the indiamart link. It is very old. It also quotes ODX as having manufacturing facilities in Germany which they closed years ago.

Eva thanks for your investment advice but erm...quite happy with my strategy. You will I am sure understand that as an investor sometimes you have to move quickly on a situation. I know everything I need to know about IMM having followed them very closely for a number of years.

Thanks Eva very interesting. So we know they are growing!

Judging by their revenue this could be their biggest success to date if approved.

Surprised there hasn’t been more comment on this news feature on the BBC tonight. Announcing the government has pre-ordered a million doses of a treatments for an antibody drug treatment being developed by AZN. The drug is just entering a P3 trial and results will be in Spring.

So, they are behind SNG001 on virtually all yardsticks yet this government leap in before its close to approval and order a million douses of it.

You really couldn’t make it up.

Mumbo - good question. I have been trying to research Avion and can’t find much apart from what you see on their website (which isn’t that impressive). What I was looking for was evidence of a track record in successfully commercialising late stage/unmet need drugs. And I couldn’t find any examples. That, of course, doesn’t mean there aren’t any. They were able to raise $25m for the trial which is good. I wonder if anyone else can uncover any previous Avion successes?

This is not a deramp. I hold a long position in IMM but I do like to be real about my investments and understand them.

Nolupus wow cup half empty or what lol

hi skittish - to answer your question re Schroders I had a look at the prospectus. Schroders took 4.86% in the IPO so they’ve increased their stake by roughly a quarter of a percent.

Toby1233 - I wouldn’t hang about too long thinking about it. Things are moving fast here!

As for gaming it’s not going to be ‘the future for the youth’. It’s here right now. And growing exponentially.

nm

skittish - quite possibly as the conference was attended by institutional investors and other HNWI’s.

ESports one of the fastest (if not fastest) growing industries on the planet

Going to be interesting to see how this develops. They’re very pro-active on Twitter!

3rd purchase today @ 104.8

Buying opportunity imho

Agreed Elias it is a small but symbolic and significant sign of commitment by AAZ.

You won’t be able to pick up stock here for 33p on the morning of the JV announcement, which is now DUE. Last orders.....

This is in auction

This has been on my watchlist for a good while now and I’ve finally taken the plunge this morning:
20-Nov-20 10:13:30 7.90 59,637 4,711 O

Good value at this price IMHO

SP has stabilised and is consolidating around this level.