Member Info for Jamesp21

Anything that size is likely worked therefore it is rather difficult to determine if it was a buy or sell. If it wasn't worked you'd likely see it at the extremes of the buy/ask due to the volume of the trade(s).

Much lower than the buy price were they? I think you'll find the mid price was exactly 8.15p at the time, hence the colour of the trades is black and not red or blue.

100% ownership of this is what changes the game for us as a company. Not only do we have ownership of the full tenement, but we now have a A* board to navigate it and Wyloo on our side. Everything just got twice as exciting!

Furthermore, Rudall is only 20km from Havieron. The longest single-belt international conveyor runs from Meghalaya in India to a cement factory at Chhatak Bangladesh. It’s about 17 km long and conveys limestone and shale at 960 tons/hour. We know that Newcrest have opted for truck haulage for the 45km journey from Havieron to Telfer, but would a 20km conveyor system be completely out of the question between Rudall and Havieron? That then begs the question... do we really need Telfer which is 45km away if we can build our own processing plant 10km equidistant from both Havieron and Rudall? All hypothetical, of course, but today's news opens up a world of possibility, and it is all in our favour. I bet a few backsides are now twitching at Newcrest & Newmont.

That's some serious amount of conjecture. If they knew of the results, surely they would be buying and reaping the rewards of the rise in share price. Stick to facts.

Are they? Shaun says the short(s) we have are minimal and not worth worrying about. That wasn't verbatim but you get the gist.

They're going cap in hand to shareholders and even saying that their offer wasn't last and final. They've just talked themselves into spending more money, Teck and Cat B shareholders are playing a blinder with this. Glencore are just flexing their muscles but will inevitably need to pay top dollar if they want it.

14 trading days for us, that'll soon go.

Here we go again...

Nope, we only have a Tier 1 Au/Cu asset in one of the safest jurisdictions in the world which happens to be a stones throw from ready to go infrastructure. Not to mention one of the best boards in Australia with a proven track record.

Apart from that, no value that I can think of? Yawn.

Off topic so to speak, but worth a read of this Glencore RNS nonetheless. This is what happens when companies stand strong when it comes to takeover offers. Should we ever be approached by a major, I don't doubt that we the PI's will hold the cards with regards to an acceptable offer.

https://www.londonstockexchange.com/news-article/GLEN/open-letter-to-teck-class-b-shareholders/15921677

What they're saying isn't incorrect. We're all well aware that there are no trucks lining up and no gold pour, but of what relevance is that right now? It's like me saying "The reason the SP is declining is because we aren't bulk mining right now at this moment in time". They're either very uneducated or trying to act a fool, either way it's best that they're challenged and then ignored.

aim999, have you heard of this thing called "time"? Generally speaking, there are 24 hours which make up a day. 7 days in a week, 4 weeks in a month, 12 months in 1 year. Currently, we're in the 11th hour of 18th day of the month of April in the year 2023 and the only way to get to 2024 (first pour) if by following the rule of thumb set out by "time". Much like a persons age - you can't just wake up one day and jump forward or back a year. And contrary to popular belief, DeLorean's do not work as you'd hope.

Failing that, see if you can find a company to manufacture the worlds largest digger bucket so we can just scoop all of the ground at Havieron up in one swoop and be done with all this "time" malarkey.

Hope that helps.

Best to keep using March 2024 as your time frame.

I don't believe anyone was arguing? You appeared to say both trades were at the exact same time so I was simply pointing out that they weren't. Anyway...

Not true, they were 1 minute apart exactly.

2 x 1m at 8.025p.

Careful not to bicker about which side of the fence they were on though.

Bickering…

Showing as a buy because at the time of print, it was above the Mid price of 7.95p. Impossible to know, might have been GDXJ considering the time.

1.3m trade just dropped in at 8.08p.

That's what happens when the live Ask is below the mid price. If you ever sold and it appeared as a buy, it would be because the live Bid is higher than the mid price. No shenanigans, just that the trade printing system isn't as sophisticated as it should be.

Terribly sad news, Dip. Thoughts with you and your loved ones.