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Farmer & Paddy, Just done some late night reading . Will be of interest only to all L.T.H' s. As we all get progressively richer on paper, make plans to turn that paper into cash, not yet. But in a year or so.
https://entrepreneurhandbook.co.uk/investors-relief/
Investors relief can mean many things! ?? But here it means 10%. Less painful if your maxed out on your is a and your will is moor stuffed than a Christmas Turkey.
And the upper limit is £10,000,000. NICE !
Next.! Could have been worse! My first share ( encouraged by my father was P.E.X .) Hard lessons are learnt well!
Leicestershire , not Leicester for me ! Most definitely a country mouse !
42- and Pan Galactic Gargle Blasters for the LTH !
The Pan Galactic Gargle Blaster is an alcoholic beverage invented by ex-President of the Galaxy Zaphod Beeblebrox, considered by the Guide to be the "Best Drink in Existence.". Its effects are similar to "having your brains smashed out by a slice of lemon wrapped round a large gold brick.".
https://www.falconisleresources.com/our-source-process
A slick web site ! A little light reading / back ground info!
Some thing for nothing is never any good ! ( so my old ma used to tell me , God rest her soul )
There's also recent I.P.O info.
https://www.preipobuzz.com/buzz/falcon-isle-resources-inc/
And crowd funding attempts?
https://www.crowdfunder.com/falcon-isle-resources
If it's such a good deal, why are there no takers?
I mean , by market standards, this is Chicken Feed!
True , sometimes things can be overlooked, " praise be to Newcrest slipping up in W.A and letting GGP swipe the Crown Jewels ".N
So me be thinking, is this the next Multi Bag decision?
Does this gift horse use pollygrip ?
Your answers on a S.A.E if you please! ??
I held , got my allocation, and sure if my broker dealt in Australian stocks , I could have held and by now those "free" shares would have doubled. And if I ignore the freefall that keras has endured then in some people's view , they have made a " sh#t load of cash".
Alternatively , I rolled my " free shares" into Greatland Gold. Now that's a " real sh#t load" of cash!!
Five Star , much the same as you. Had hoped for a mini "crock of gold ", but with the dramatic loss in value in keras countering the un tappable Australian held richer brother Calidus, my rich pickings left me some 2k underwater. Only small change to many I know!
But the real question is , from where we stand today, is this the most unloved , under the radar stock, shall I say " cheap" stock on aim.
Or is it !
The dregs of a company, underfinanced, slowly entering a " death spiral". Not doing anything, though in care and maintenance, with the verbal go ahead , still not having any paperwork finalised. Only to be wound up and sold on to new owners so that the management can move onto fresh projects.
Put simply , are we just in the wrong place at the wrong time, waiting for something that will never happen.
The carrot of big dividends from a near cash shell, that is touted as "primed". But the longer we wait, the greater the chance of " our powder being wet".
A great chance? Or just another money pit !
Just a thought with the doubling of Hav in size, will the number of drill holes not also double to get MRE , and therefore the required spend to complete the job , will we have to dig up EXTRA cash to fulfil our share of the job. Or will Newcrest see us right?
Paddy, loving the threads lately , I'm thinking that if Newcrest / Sandeep are getting ready to start digging the access ramps etc , the one piece of into they still don't have is , just how deep does Hav go. I presume that if we're block caving , then we need to find the " bottom of the barrel ". Otherwise that's cash left burried for all time. So my question / point is how much deeper do we need to drill to find the true limit of Hav, and are they now probing the good stuff to get an answer.
Is there a depth bellow which block caving is un economic. We may have only just scratched the surface , and the mother load is still under our feet.
Thoughts anyone!
As with drilling any material, how hard the ground is , how deep your drilling , how wide your drill bit is, let's not forget. With R.C drilling they have to keep pulling the samples back more often than with core drill , which is narrower but more expensive.
As Charlton Heston said to Red Harrison , when painting the the Cisteen Chapel.
" When will you be finished ? "
"When it is done !!"
Pine , my point is.There has to be a day when new buyers of Keras shares are no longer eligible for Calidus free shares, past experiences would suggest as an example . RNS released say Nov 2019, saying shares will be issued to all Keras share holders on the company's share register , say Oct 1st.
Any buyers after that date would miss out. To give prior warning to cut off date, leads to a stampede for Keras followed by mass dumping the day after. Chaos.
But as you seem confident , I'll mortgage the house and put the kids inheritance and my neck on the line. No ? Seriously !
Regards!
Indeep
( Can't go Indeep here as I'm already over my head waiting for Greatland Gold to blow!)
Hi, guys ! Great position to be in! I'm only holding 5k of these. But from past experience of free shares there will be a cut off date. There has to be. So the theory of buying more to get more is great. But has anyone here the faintest idea when that will be , in theory , Keras could state it as a past date on a future RNS. Which would scupper any big plans!
All input , received in good faith !
https://www.finanzen.ch/nachrichten/rohstoffe/greatlands-stunning-gold-copper-intercept-at-havieron-is-the-kind-that-deals-are-made-on-6862518
It warms the cockles of your heart !
Due diligence , not completed ! Guilty on all counts ! I should have known better , back in the day ! But I trusted him and his word ! Reputations are won and lost on a mans word.! So why are we still believing anything Colin Bird utters ! Platinum Australia , due dilligance , we pulled out last moment! Smokey Hills , due dilligance , hidden costs apparently ! The other copper project , ( forgot name , australian ) , why was that again ? If all the m.o.u's that colin claims to hold on dumps (69), are as equally well researched , then " what could possibly go wrong ?" I won't go on about his other companies, lets just say Galileo Resources are now need Jubilee to Toll Smelt Zinc for them at cost price , to save their ( myself included) asses, because on a " world class super pit " they tried drilling in metric when the plans said feet , missed , got bored and went home, never to mention it again ! The man is a chancer , and incompetent at best! Wish I'd never herd his name !
Loosing interest in Jubilee ? https://www.youtube.com/watch?v=ZrQAv5FEOx4&feature=youtu.be