Member Info for HarChris

Haha, just excitement that it’s playing out as I was expecting and I have most of my net worth in it (and the other goldie I spoke about on here). Sharing in the love before it takes off, I won’t post once it’s on the up I promise! A genuine chance for some very down on here to recoup some of their losses. Gl if you do get involved :)

Yes target is 1000oz gold dore but that’s what we’ve been using to come up with $29m revs per year and enormous cash generation (sure we don’t know costs but they are definitely not more than $15m a year all in).

I suspect we’re at around break even at 450 oz dore with this POG move, so every increase from here is cash into the accounts.

As it is THX is edging up again - a perfect scenario would be THX sitting right on the 23p resistance as news lands in the coming days. This is setting up beautifully.

H1 2024 generated $2.6m of revenue - yes we all want to see management’s target of 1000 oz hit asap giving $14.5m equivalent per half year but is this undervalued at 1p a share of next month GRL fall slightly short? Of course, even 800 oz going forward gives $11.6m per half year, a near five fold improvement year on year.

With some companies you are betting on near perfect management execution, with others you aren’t, there’s plenty of leeway. At 1p a share and gold hitting $3000/oz this is very much the latter.

I know ontarget, it’s a shame but they’ll be gone next week when the news lands here. Until then expect the spamming to continue in ever more desperate ways.

I mentioned it previously but check out THX (Thor Explorations), it's not yet broken out but I have it from the ceo that news flow starts next week, news we've been waiting yonks for. And gold heading to $3000/oz giving Thx over $2000/oz NET margin. Now generating $40m net profit per quarter and could reach as much as $50m pq with how gold is looking. GL

That's too simple a view, there's a credible reason as to why February might be a tad lower but as long as 1000 oz is now well within reach (with commentary pointing towards next month achieving target) and cost control is ongoing then I would expect the rerate to be on in this gold environment.

Https://x.com/thorexpl_thx/status/1900183038203416862?s=46

When there isn’t a credible reason for a disconnect that’s when you take advantage of it, buy, and wait for it to eventually close.

I’d suggest moving into gold miners broadly as wider market uncertainty grows, not just THX, but here is where the biggest upside is available.

Right at the all time high now, looking like an attack on $3000/oz is coming.

Ignore the noise, news imminent here and THX will respond positively.

You spend your days promoting MATD and spouting bs on here with things like ‘the downtrend continues, this keeps falling’ whereas the reality is your share is down 20% in a week and THX is up 6%. Which of George Orwell’s worlds are you living in? Oceania, Eurasia or Eastasia?

Yes Almostrich, if you mean manage risk by partnering on STS and going it alone in the fastest low risk option, SGC. Agreed.

If it were to be dropped completely then CC would tell us, emphasising just how good the chances are for SGC in the process and the optionally for TNBC. There would be no need to omit discussing it in such a way as she did yesterday whilst also progressing it through p1b.

Nah no deal, misses the point of what the 50/50 was trying to argue (equal chance good vs bad). I only bet when it’s way in my favour, like the one I proposed.

The gold price has got the share price close to ATH, news this month will take it soaring past that.

Come on, do me one favour, give it til 1st of April to see if I’m right. I quite clearly have been saying every.single.day that we will see a rerate in the coming weeks but that I don’t do daily share price predictions.

The gold price is only half the equation, hence I will keep mentioning it until news lands.

There is no logical reason, whatsoever, why STS would be dropped at this stage yet go through p1b. Yes without partnership or funding I assume only one of SGC or STS would be taken through to p2 alone but you wouldn’t do it from now, you’d be doing all you can to achieve funding/a partnership whilst p1b is ongoing so that you aren’t forced to make that choice.

STS being dropped from the discussion recently almost certainly means a deal of some sort is being worked.

But also we surely aren’t going to go months and months with this sort of nudge, nudge, wink, wink, conspicuousness by absence? I’d assume it’ll at least be acknowledged soon that a conditional deal is in place awaiting p1b data…

I just had to point it out because there’s always this tiring narrative by certain people on here that they are simply analysing this investment rationally, statistically, unburdened by attachment and bias and yet they come out with such utter guff at times. That 50/50 comment was so devoid of any logic or rational thought that it’s kinda made me angry. It’s so painfully thoughtless and dumb!

I meant to highlight that STS patients are still being dosed in P1b, it's only dropped from the primary discussion. So it's far more likely that there's something going in terms of behind the scenes partnership vs simply, almost overnight and without explanation, no longer a focus for AVA6000.

I think saying 50/50 chance of both is ignorant.

No no Wyndrum there is not a 50% chance it’s dropped because patients are being dosed on p1b, that’s a laughable, especially with Tap on the SAB board. Anyone following this story and carefully analysing Christina’s words and tone can see that there is stuff she can’t discuss right now. Of course there’s a ‘chance’ it’s dropped, there’s a chance of anything but 50/50? That’s just lazy to say that.

If for example I said would you take this bet on, that if we find out STS is dropped I send you £1000 and if we find out the sudden silence is because of a partnership being worked you send me £1000 would you take it? I don’t think you would.

It’s fine, let’s save the discussion for after annual report but I think you’re using RNS’ instead of financials statements - start from here in future https://thorexpl.com/investors/financials/

Would not be surprised if Q2 starts with good at $3k now - seeing as there will be no hedge going forward that’s a $2100/oz net margin at guidance midpoint, insane.