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Isn't it just the case that this went from a discount to a premium as it was a way to get exposure to SpaceX pre-IPO, but now that people can just buy SpaceX it has moved back to a discount again?

Interesting post on Hot copper

"Mb1052

138 Posts.

21

11/06/26 15:27 Post #: 84269685

Alright just got off the phone with them, they're just waiting on paper work to come back from the Wardens court and then itll be granted. There is an embargo in place for all granting between 15th June and July 1 (somthing to do with environmental reporting or whatever) so if its not done today/tomorrow it'll be in July she said. The minister isnt granting it the lady I spoke with said she's the one actually granting it"

Aj Bell is the same, can't buy £100 worth, but can sell £34k of shares.

I think I'll keep mine a little longer.....

Not sure if it was keeping the faith, or just not worth selling at some points, but definitely looking far better than it has in a long time. Clearly those in charge are busy expanding the footprint of the gold mine rather than worrying how many weeks the mining licence will take to arrive.

Definitely seems to have gone under the radar. Hopefully this will carry on building over the next month or two. I'm just viewing it as a chance to top up without buying into a spike.

To be fair, that's the most sensible post so far. Almost reasoned, even.

Yes there are many projects, but no one expects Oracle to fund them directly, and previously there was an agreement along the lines of Oracle getting a free carry for 12% of Thar Coal. Last statement was that we're selling it, neither of them need money. Green Hydrogen will likely be the same, so no cost to us as Oracle can't afford to fund it.

NZ is taken care of by MEGA who (an assumption I know) should know what they're doing, are large enough and experienced enough to make it happen. That's a far safer bet than relying on Oracle or Riversgold to get the project over the line.

Only downside is that the weeks have dragged beyond what we hoped, but there is cash to wait it out, so it's a no brainer to just sit around enjoying the sunshine and await the gold

I think the biggest spread is for the new "no dealing fee" platforms as a small dummy buy and sell are being quoted for me at 0.0610 and 0.0605 respectively. I've never seen it that close before.

Go to the Riversgold website, it's available there

Listen to the interviews, they have short cutted the usual longer time lines by bringing in Mega who are planning to break ground the moment they have the ML. All those who have keep an eye on this stock know you're just trying to mislead others with half truths. I'm holding regardless of your drivel.

The article also refers to gold prices of $1,500 per ounce rather than the $4,190 it is at today, which reduces the grade needed significantly.

I'm no expert, but if you just Google the grades needed for an open cast gold mine then www.bullionbypost.co.uk states grades over 1.5g per tonne to be high quality. 40m depths does not strike me as not being anything, but open cast.

I cannot imagine that MEGA would bother with anything that hasn't got a good chance of producing cashflow very soon.

Surely that's a different railway line, being 100km long, whereas ours is 194km long and to a iron ore mine rather than a magnesium mine?

As far as I can see (looking at the article and KDNC's RNS) they are going to mine 5 times more Iron Ore (26m tons Vs 5.5m tons), but need 10 times more capital spending (£4bn Vs £377m). So worst case this indicates a value of £160m for Amapa (give or take a bit)?

It's easy to get money into a company quickly via a director's loan. The real question should be why when corporation tax on gains isn't too different from CGT. Dividends received by UK companies into another company are tax free though. Interesting

Rolls Royce are busy finding a use for our hydrogen!!

https://scienceandstuff.com/a-new-world-first-the-jet-engine-that-runs-on-hydrogen/

It is a theme across all growth stocks where the value is based on future value unfortunately. With an increase in interest rates, the future value is discounted back to current by a larger amount, thus reducing the current value. This makes this stock worth less until we get closer to generating cash. Still a great potential, just a pity the Gov over there have taken so long to take advantage of such a huge resource.

Don't blame you, someone who spends longer writing messages than finding out that Oracle hold 1.4bn tons of coal in block VI clearly is not interested or invested.

So if block VI has 1.4 billion tons of coal (as per RNS on 27/09/2021), and the Gov want to get the price of the coal down to $27 per ton (as per the link from Casper), doesn't that make our block worth circa $38bn??? Obviously the stuff needs digging out, bit still.....

12% comes from our proposed ownership of the project, which is outlined in previous RNS. China own most, Prince the next biggest chunk, and we're left with 12%. This is why NM is saying we will have little to do once everything is in place.