Member Info for Harley64

Been here for a few years now but obviously not as long as some of you. It is frustrating but let's hope we all get the results we are all waiting for. GLA

Many companies are taking the opportunity to delay figures during Covid period, at the end of the day it is only a extra month.
I really believe with a world class plant and the gold price at the current levels we are in a great place. The delay will allow for a much needed and positive production update. If as I hope we are now firing on all cylinders, we could see a substantial uplift in the value of the plant. This will ultimately transfer into core value for all the shareholders within SPMP including Tristar.

All those already in, need to sit tight, those on the sidelines have a great opportunity to get exposure to a strong gold price in a low risk way.

about time bojo

upupandawaybby - a spot on and quality summary of our position as of today. It would be great if you could repeat your post every now and again as it will get missed. It will also allow the average investors to get an understanding why they are here....

https://youtu.be/pfNoGx7KJY4

These speculative share prices seem very plausible imo, but does this include positive results for copd, as this market is enormous and longterm?

If you want an accurate timeline for general release for a vaccine that IF works by October / November then listen to former chief adviser of FDA and sits on the boards of 2 of the largest pharmaceuticals that have a vaccine possibly available.
https://youtu.be/9BWqaMZHSzE
Basically he is stating 2021 at the earliest.

As DelBoy would say "he who dares Rodney"... :-)

Well said Ton1c - It appears that people just do not understand the potential of what this company holds and is about to release over the next 12 months.

I personally do not believe that Odey would entertain a buy out for anything less than £1.50. His investment was many years ago at more than 50p. At that time no one knew if these roasters were even going to work. He and all his investors took the risk and finally it is now at a stage that not only are they working but they will be at full capacity in March. Although it’s been a more expensive and longer journey than anticipated the gold factor would have more than compensated for this. So why would he now after all this time give away such a valuable asset. For the longer term investors it might be better if they could kiss and make up and agree a fair equity exchange for their differences rather than a cheap buy out. This way the Omani’s will be happy as they will increase their holding and Odey will be able to hold his head high and deliver a respectable ROI for himself and his loyal investors. When you think that the price was 60p when there was still risk in the deal, 30p is so far undervalued. The price only moved down because of disagreement between SPMP and Tri Star. Either way it can only be upside from here. Exiting times ahead ??

Please God that SGN001 can stop people having to go through what we've just seen. We really need to think about our actions as we surely can't put the medical staff through that for a second time.

I do remember your posts back then and really happy that you stuck with it . A brave decision and for all of us that did will now see the reward..:-)

sng not named but under title of vaccine race ....

I don't believe the end result 6/5 votes was the correct way as some were confused as to what they were voting for...
This could be very embarrassing now....

re Rameriz-
Unsure if you hold a position for the MSM? But please do not put out false information unless you know more than the university of Oxford or AstraZeneca. There is No
effective vaccine that has been proven to fight the virus. Please read carefully your link you that you so kindly posted earlier as it clearly states it there...

I’m guessing that the recent sales are due to short term investors getting bored. Just because the SP isn’t going up 5% a day, they don’t want to know. With Ramadan ending this weekend, it could mean that negotiations will start to gain momentum. I wouldn’t be surprised if we woke up one morning to an announcement that an offer has been made. Crazy to be selling now. The mezz loan alone values the share at a minimum of 22p, there can only be upside here.

Good point Bilbo, let's hope they can resolve this dispute asap and move forward.

Gold price looking very good in this uncertain world, each push up just adds the value we have in this incredible world class asset...!!

Good to have update from Tristar.

No change on banking story yet, as still part of the negotiations with partners in SPMP, the fact is as we know the short term cash injected by the partner has allowed the first shipment of Antimony and Gold also doing well.

Covid is a sad reality for us all and they clearly have a plan, now implemented, which means they are still sticking to targets of 50% capacity by end June and 100% year end. In this world where many businesses are struggling to predict any demand, I feel it is a very compelling place to invest. As each month passes our company has a more valuable asset.

The last point is interesting, Arbitrator has been appointed but has yet to make contact..., why....! Maybe because the reality is that that it is waste of time if there is a better outcome possible for both sides in the coming weeks.

What a great share to hold in such an uncertain world, look forward to next update from the company.

For anyone fresh to this story sub 25p has to be a good bet, with Mezz & debt due back to Tri Star on any exit of that sort of figure, then it is really what the Omans want to pay us for the equity to go away, another 50p plus would not be unreasonable to expect. If they keep us in longer we will expect that value on the equity to increase, so either they get a great deal now or we fight it out and it will cost them more. We must remember that the agreements are written under English law and we can win this arbitration if we need to do that in my view.