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In the past 12 months it went to 2,000 and backdown. Since then the world has changed with nearly every country suffering from inflation, energy supply issues and supply chain problems. Does this mean that gold will break 2,000 and stay there for the next year? Chartists saying 3,000 to 4,000oz which seems excessive to me but in this crazy times anything can happen!
Everyone getting in before news - ive been here since last year so no one more excited about the next few weeks than me!
If Demir need to decide by the end of the year if they want further JV then what an exciting run up to xmas this will be...Lets get the wet signature sorted and then there could be multiple agreements by year end....
Just Friday left to deliver the anticipated news. AIM in desperate need for a good news story and liquidity from a multi baggar. Get the wet signature and we will have a great Q4
Lots more sells then buys today. Lets get an RNS out tomorrow on the drilling to finish off the seller and restore some much needed volume! Then back to 30p....takes 3 weeks ish for drill results and we are just past 3 weeks since drilling started. Lets hope for that Friday feeling!
Gold on the up. Deals been done at multiples of the current SP and LND about to release an upgraded MRE in Nov. Then we know the for sale goes up... as we have been hinted at by the company....
$PVG just got taken over by NewcrestMining for 2.8bn CAD. This values them at around $200 USD or £140m per 1m Oz of Gold. Bear in mind this is a producing mine already. #LND shareholders are you watching? £140m per million Oz. We will get atleast £100m/m OZ as non producing.
Samroy what’s our gold in the ground worth then at those prices?
Smashed through 1800 yesterday and appears to be in an upward trend. Let’s get cgnr heading the same way with just a signature!
RNSs every month so lets get Novembers next week and let it be lighting up the path to riches and plenty of gold by getting a wet signature and EGM called!
Your telling me you wouldnt take 50p for your shares if an offer came in this week? As every day goes by this company gets more valuable and I was only talking about the gold at 50p and we keep the battery metals. People say we are valued at 66p which is obviously not correct as we are at less than 30p at the moment due to large sellers which are nearly ended. At least £100,000 of sales a day so the seller is already at under 3% (if there is only one) so thats less than £900,000 of shares and at £100,000 minimum a day sales its a matter of weeks until this cleared which should be next week if volume continues and then the brakes will be off and we will have a day that takes us over 30p and thats without the next drilling results due in the next 2 weeks max
Apollo had as close to an identical resource to BAM's current resource as possible (Grade/indicated ratio and size) and sold for £100 million. BAM will be bigger after the MRE. Current market cap is £29 million. I would be happy with a 50p offer before Xmas as everyone including Eric would be quids in if we agreed but im sure a 50m bid would lead to further bids coming in....a great Q4 coming up...this could be the share of Q4 after a tough year on AIM!
Getting through the sellers shares no problem while we all wait for the next drill news due in November
Lets see if the seller starts again or are they finally done. Drilling results due in November which should finish the sellers off and then onto the updated resource report. Any amount of an update will lead to a re-rate especially with all these takeovers happening for gold companies at our stage. We just need the updated resource report and then we might get approached or continue to production for gold and firm up the metals..all good here except the current SP!
The Co has already said it will take just over 2 weeks to call an EGM so plenty of time to get this booked in before Xmas.....no news today but v.soon next update will arrive. Xmas is only 8 or 9 weeks away. Time for present shopping soon my favourite time of year - NOT!
8 weeks this Weds since the last update on the JV. Enough time to get the definative agreement over the line with a wet signature? Talks ongoing since before Feb 25th. Been a tough year as a holder here but I pray we get this over the line and multi bag!
People selling as the wait has been long...they will be sorry if that wet signature lands on Monday - huge re-rate to come once it s signed -happy to wait providing it gets signed SOON!!!
Some big sells but all getting mopped up. Traders all over this share and lnd is well and truly alive and kicking on Twitter. I’m going to top up myself tomorrow once I’m back in profit from my recent buy ....can’t wait for the next RNS got to take us into 30s if we aren’t there by the time it arrives
What time was it yesterday when it popped up and if it doesn’t pop up then potentially tomorrow it might do you know what the MMs are like
Should we not be blue for the rest of the week?