Member Info for EnricoPallazzo

Moneymaker,

I disagree with your analysis. I believe GGP still has some time to go before running out of steam: I believe it will get to 30p this year. This means 2.5x the current SP. I do agree strongly that BMN is a better proposition in the long term, and I intend to invest more in BMN later this year, using some of the profits from GGP. I find it extremely difficult to resist the FOMO here, as I have the impression that BMN can shoot up any time now. However, I believe that it will not go beyond 24-25p this year, so my bet is on GGP to grow faster for the time being. Towards the end of the year though, BMN should start to accelerate (remember that it will be summer in SA, and that will lower the risk of another Covid wave), and it will be good time to increase your holdings. At the moment, it's a hold for me.

Have a lovely weekend!
EP

I wouldn't worry about unfair pricing here: by the time NCM have completed the next stage and drilled everything they need to drill at Havieron, we'll know more about the actual size of the deposit. Perhaps the first 5% will go at a lower (but still fantastic) price; the remainder will be priced according to the updated estimate. In the meantime, the money received for the 5% would be sufficient to allow Geestland to carry on.

Using a rough calculation, yes. Remember that Numis apply a 0.5 factor, so they expect the actual value to be double that.

More than decent: that's >5% from the price I paid this morning (11.95p).
Have a lovely weekend!

Paddy, Schlemiel,

Wouldn't it be a case of a full, circular deposit that leans to one side, with the western and north-western bits sitting deeper? Probed only to a certain depth, it would look like a crescent. In that case, it would make sense to start the decline on the opposite end, in the SE.

A fat, crispy French croissant, oozing with gold and copper?

Looking at the past three months, the SP growth has been amazingly consistent: 3p per month.
mid-Mar: SP = 3p
mid-Apr: SP = 6p
mid-May: SP = 9p
mid-Jun: SP = 12p

I hope it will take less time to get to 15p but I wouldn't mind if the trend just carried on: we'd be at 30p just before Christmas!

mid-

in blue!

Why not? They're available at just under 12p!

I meant 'Scally drilling', not 'Sally drilling'. Poor Sally...

Tig,

Excellent idea. Could I suggest inserting two bottles of Australian wine into the map tube as well? We could partner with an Australian winemaker and ask them to produce a small number of bottles of sweet, golden wine called Havieron, and an equal number of bottles of champagne-style sparkling wine called Scallywag. We could all open the first bottle the night the MRE for Havieron is announced by NCM; the second bottle would be popped open when Sally drilling commences.

Cheers
EP

I'd love to see it today, even as an UT. We should be well above that now. Oh well, another day to wait, another bottle of French (or should it be Australian?) wine...

Are pre-market trades allowed? A few just popped up at 12p. Could be from yesterday though.

Bloody autocorrect! Anyway: happy days!

commence!

It looks like a few bottles of French wine have already been opened.

No need for Specsavers; just drive to the nearest castle.

Blip, and it's back with a vengeance. (I'm guessing.)

Tango,

They're unlikely to get an 18-month standstill. I'd think they may be offered 12 months. The share price won't go to 50p but it could easily double from the current level.

Haha! When I posted, it was still red but I was ahead of the curve! I wish I could always predict things so well. :-)