Member Info for greendave66

To the MRE is published. We are all expecting an upgrade and this will set the foundation for the rest of the year!

Considering they have only drilled 20% of one area and there is due to be a major drilling campaign this year then drilling results will come thick and fast and hence the RNS will as well….we wait for an RNS about the drilling any day now….I’ll be gone by the end of the year with a healthy profit in 3-5 years Demir will have bought them out of there is millions of Oz of gold as the Prof expects…..what lies beneath the shallow drilling done so far? We will soon find out

I really like that programme and I want to see this gold resource up for sale or auction to the highest bidder in mid 2022. Otherwise i will send Dion Dublin over there to sort it himself.....

I agree but the company also needs to increase its use of PR and I dont mean the Prof doing the talking on the these videos but real stuff they can RNS. If this is going to be the defining year of the company then we should be pumping an RNS out every 2 weeks with drilling news, JV progress, what he has for his tea etc...

Good point about Felix maybe they wanted to firm up/boost the oz from the current area before going to a new one...expecting 1.3m oz minimum MRE AND Info about the plan for the billions in battery metals in the ground.....a great few weeks coming up

I think that Demir that is a billion dollar company with some of the best experts and advisors in gold mining in the world want to do a JV with CGNR because there is only 500oz and not millions of ounces and also that they wont get to mine status because of all the planning issues and green belt issues as mentioned on this board - this way they will lose money....OR maybe Demir with these world class experts believe there is more than 500oz and that they will get to build a mine, get there money back and make millions in profit.....which one do you think this billion dollar company is going for??? jeeeezzz people talk some nonsense on here

Defo don’t want gold drilling to go into 2023 as the battery metals are worth much more and I want to see the plan for that once the gold MRE is out…looking for strategic update from the co at same time or shortly after MRE

Thats 2 billion just for that + 1 billion for the other metals. Once we know the plans for the gold whether its a JV or outright sale this year investors will know LND has the capability to monitize the battery metals which will be the second transformation for the company after cashing in on the gold. Target for me is 70-£1 SP 6months post MRE depending on the MRE results. Target is based on recent gold companies in Canada and other safe juristictions bought out for same amount of gold at the same stage of exploration.

Did you bang your head recently as that’s a good, informative and fair post?

Military policeman haha thats a new one on me

I’m not a ramper with wild speculative figures and never have been….apology accepted?

Mmm I must have been asleep when I wrote 2m I actually meant 1.3-1.5m as per my earlier posts when I quoted 1.3-1.5m…..nothing gets past UR …2m haha we wish

Haha - £100m would be more than enough to get the battery metals to mine ready status and to then sell that for multiples of £100m….will be next year when they firm up the battery metals as all eyes on the gold MRE and either a sale or JV to get millions minimum for the battery side of it. Not sure if there are any other gold plays out there with this much gold and battery metals. The gold business is the foundation to the future which everyone knows is related to electric vehicles and the predicted shortfall of necessary metals over the next decade. LND perfectly placed for life changing money from the shares IF they put the gold up for sale or JV which they have hinted they will if the MRE shows nearly or above 2m Oz which they have hinted it will. Roll on the next RNS!!

Can someone ask the Prof to plug it in? This is the biggest year in the companies history and we have heard nothing yet in 2022 ..the drill bit is currently turning when can we expect results...?

Updated MRE due early Feb as per RNS. It was due in Dec so it could be the first week of Feb which is only 3 weeks away. Will be intersting to see whether they mention anything about the rest of 2022 and what the plan is and whether its to look for a sale or to continue drilling. We know they are drilling Felix in March but whats after that? We should have 1.5-2m oz of gold and we need substantial cash to explore and sell the battery metals. A sale of the gold makes sense to us PIs is that what the company is thinking also?

I agree that this will re rate massively in 2022 towards 100p…I think once there is nothing left to sign off for the JV and 1st drilling results (if positive as expected) are known then the re rate will start. There are no companies on AIM with a billion dollar JV partner and 500k Oz of gold for starters at this low level. 2 dangers - 1) will the JV complete fully (looks good so far) 2. Is there more than 500oz in the ground (company has indicated that’s it’s a multi million Oz area). There are further dangers in 12-24 months such as mining permit but I’m sure many of us will have de risked by then with a handsome profit…it’s just a waiting game and hoping that the Irish governments sign over the licenses v.soon…considering the Prof is an ex Minister I’m sure conversations have been ongoing for the past few years about this very fact.

Even you John need to agree that’s a lot of gold in most of the holes and the increased MRE hinted at will drive the share price higher from next month

More gold found and an increased MRE due early Feb. Happy days!!

Are you the same person? Anyway agree with some valuations getting detached from reality- wouldn’t mind some of that here later this year once things get firmed up…

Fair point I read it wrong