Member Info for Jerryspaniel

They need a permit to mine, but if you read the various reports by NC they are in the process of applying for permits and liscences (sic) in parallel to exploration drilling. Its a non issue.

Talatum. It would be perfectly possible to announce on one market the day another market was shut. But you would have to make the same announcement before the shut market, opened.

I recall GH saying that its either a huge amount of gold or a huge amount of granite, and we would be daft not to find out which. I love Goliath, mainly it has to be said, because of its name!

The doors. Paddy is right that we won’t get any value for scally as it stands. But if we were I think your numbers are on the low side as it won’t be around the 1p per m oz, as we own 100% of scally not the 30% that we have of Havieron. Which makes scally so exciting.

Most people use the Eifel Tower to show scale. Maybe GHs personal plane.

Without wishing to speak for Quady, maybe we need to factor in a degree of tardiness, as they are usually late. Some other funding news should happen by Wednesday, although I am not holding my breath on that either.
I did have a brief email chat with Eliza and she did mention that they are planning more of these Q&A sessions as per a couple of weeks ago. I think this is excellent and shows that they finally wish to engage with their s/holders.

SG tell her it’s a villa in Marbella that you need. That will keep you in ggp for years!!

Probably to shut them up?

iPad and others. I had a look in last weeks production report at how NC calculate AISC. I presume this is an industry standard but it really confuses things. To me it looks like NC take the copper (actually all the non gold) sales value as a deduction to the aisc. With Cadia having a lot of copper it’s a huge factor.
Not sure why they don’t show all mine sales as one number, and all costs as another to calculate the mines profitability and the total mine costs as the AISC.
Happy to be corrected if someone can see an error as it was the first time I looked at the NC production report.

Hi launder, i have read your other posts of yesterday. Besides obviously knowing more about geology than me (colour blind not a help), it would appear the you have some technical background. I did google causative bodies, but came away none the wiser. Can you tell us briefly about your background and if you could explain your technical posts that the layperson might comprehend that would be great? Many thanks and much appreciated.

What dbw? Earthlings posts? :-)

Absolutely Mark. Timed right, this could be a material benefit. Not sure quite what they could get for these, but if Au hit 2000, you would think at least tens of millions.

Markjph, re Tasmania. My take is these would be for sale if the right deal came along. In the current climate the smaller explorers still don’t have a lot of cash to throw around. In my opinion this will change later in the precious metals cycle, when juniors become hot. I can’t see why GH would sell for shares in some other small player, he would rather have cash to spend in the pilbara. So I think we need to wait till the back end of this year.

Why do some people have a fixation with dividends? Do those people think that its a free gift, something for nothing? I just completely fail to understand it. I know that I am not missing something, but I think they may be.

Just to put the record straight. When Solgold left AIM for the main market it could not get a premium listing as it didn’t satisfy the listing requirements regarding showing income. So it has a standard listing and as such doesn’t qualify for the ftse250. I was told this by the chairman of Solgold in a meeting about 18months ago. They were really doubtful of the benefits of their move. Extra cost, lost some investors and gained few. So leaving AIM might not be the panacea that some think. GGP would be the same as Solgold in my opinion.

Stock mkt is open Monday, closed Friday. VE Day celebrations.

Kbrooks, have you worked out how you will be over the moon with 60p if you have cashed out at 15-20p? You will more likely be calling the Samaritans ;-)

£1.20 a share mickey. And will you stop deramping with all this 60p nonsense. There was a time when you said 6p and nobody believed you......

Its certainly a drag losing money on a mark to market basis. Since the high its big six figures. But I never had it, never spent it and I would guess that I always suspected that these sort of things happen. But if I thought I could be shaken out of my shares on this sort of move then I wouldnt own as many.
The great thing about miners and explorers is that as long as the sales price of the commodity doesnt fall, and its just market noise like we have yesterday/today, the risk/reward just gets better and the shares get cheaper on any fall.
I have held Solgold through its collapse to 10p a few weeks back. Never occurred to me to sell, and actually bought a few more. Similarly with GGP, the news hasnt got worse, its got better.
This isnt Boeing where they have probably lost some sales forever, or BA, where they wont get the lost revenue back, and the future is uncertain at best. Our assets havent diminished in size or value. In fact they have grown on both counts. So its an easy hold regardless of short term price fluctuations.

Issuing options doesn’t change the shares in issue, and therefore doesn’t change the percentages that investors own. It only affects these calculations when the options are exercised, as that increases the shares in issue. Hope that clarifies things.