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Eddie's reasoning for the company not being worth much was his gut instinct after 60 years in the market. His own words.
Guessing Eddie is therefore 80 plus. In the nicest possible way he could drop dead any moment especially with covid about. Should have sold at 40p and spunked his winnings living it up.
One thing cannot be denied.
Gecko gets into a lot of spats on this board. You don't see any other Lth getting into hourly arguments.
Funniest thing is whether someone is ramping, deramping, will it change what's in the ground. No it won't. Don't get why it bothers people so much. The only thing it can do is influence someone naive to sell or buy. But that's down to the individuals own responsibility.
People need to relax.
Why does everyone keep saying dfs confirmed by year end?
Problem with this BB too much false info.
RNS said the company expects it by year end. Which sounds like it's not fully in there control of when it will land.
Shezer
How many million oz total resource do we have to sell? Is what I am asking.
The chap below says 40moz worth circa 100bn. When it was mentioned on telegram a few weeks back, I got laughed at and some people said we had 2m oz.
Kind of got the feeling no one actually knows.
Can someone please explain the resource eua have?
1. Website presentation says 2m oz
2. RNS from September says 15moz and addition 25moz of which no guarantees can be made
3. Matey below saying 40m oz
What's the true figure please? Does anyone actually know?
Happyscot I agree with you on 80p
If you look at the more knowledgeable posters like tilly, Rmr1969, gmf78 there guess is at 80p.
Infact gmf78 stated on telegram anyone expecting £1.50 is clueless and is invested in another mining company and not eua.
I would be happy with 80p but would love £1.20.