Member Info for HarChris

You did keep repeating that James, that it would rocket if Doc left, but it doesn't appear to be the case.

It's not pre operational cost, it's pre-tax cash flow i.e pre-tax profit. Helix often uses the term 'net revenue' ie revenue minus costs and therefore what's left over.

NPV for six to eight wells at Rudyard is given as 75p, so that should be the initial target.

Thanks. Yeah I guess a learning curve not to too blindly trust what AIM ceo's have to say, always allow for a margin for error on execution, not to go all in or too hard until all the facts are clear etc

They aren’t going to flip them… well we can’t guarantee 100% of shares will be held but they’ll all be long term investors looking for a hell of a lot higher to reduce than 50p.

What was it about Goldstone back in the day (presumably at a far higher valuation in a far worse gold environment) that made you invest so much of your money in them? Genuinely interested.

For me for example this is a recovery play, or at least it's what attracted me here (far lower valuation, far better gold environment) but the risk of any AIM gold miner is too high to commit too much of the portfolio too.

It's a massive £50k delayed buy from the day before at 0.761p. Very strange, did someone get wind of something and felt in a rush to buy in only to find no further buying pressure after that?

It's easy to forget just how much this has fallen. Shares were happily trading at 400p and flirting with 500p before covid struck and then they still went on to raise £235m at 230p a share in June of that year, near the end of the first lockdown.

I still think a triple figure share price should be the minimum target for all of us in here today.

What definitely doesn't add up though is the total volume vs the lack of TR1s/Holding RNS' - we are now talking well over half the company traded within the last three months, something like 55%, yet all we are officially aware of is AIMSL increasing their stake by 0.6%. So not a single company/entity/individual supposedly crossing a regulatory threshold.

Were the same traders buying and selling the shares back and forth to control the price? Surely not to such a degree...

5th August 4pm…

I spoke too soon!

What we have to keep remembering is either GRL is cash generative right now or they have run out of money and have turned to HNW investors and institutions in attempt to pull off a placing… so which do you think it is given the recent price action? Does it seem like a discounted placing is being worked to anyone else because it doesn’t to me?

It’s then simply a case of how much cash is being generated… any improvement in pours above 450 ounce average and profit will be large.

Thanks to the both of you, in other words just hearsay.

When was it announced that there would be an investor meeting?

You post numerous times a day without fail for months and months and months and then you disappear the moment the share price soars. It doesn't take an awful lot of cognitive functioning to determine whether you were enjoying the fruits of the rise or not.

It would seem that whilst he has an understanding of charting he couldn't bring himself to follow through and buy in well above the price he had recently sold at despite his chart pointing to a break out. If so all the babble about being this headstrong, totally detached, single-minded trader turned out to be nonsense. Quelle surprise.

Ps Izzy, sorry for sounding condescending in my reply to you yesterday and GL with your investment!

Looks like some congrats are in order for all of us that dug our heels in at .5p and continued to add rather than throwing in the towel.

I'm sure you mean well but you don't know what you're talking about.

GRL is up 25% today largely because of that trade, there's absolutely no chance that that delayed trade was a sell.

The 1m buy at 0.75p just before close was the icing on the cake.

Someone desperately buying whatever they could before the bell, grabbing 1m shares at 0.75p.

Come on let’s see an RNS at 7am.

A 25% gain on 15m volume, yes I think we all consider that a good day!

It looks like a 4.3m/£26.5k delayed buy from this morning is what got this moving... kinda hope that conviction is based on more than hope.

It looks like it is with some pretty sizeable buys going through - sell price gone above .6p now.

As everyone tends to say on here - 'what do they know?!'