Member Info for JerseyCrew

The right environment for gold investing. Continuing buying out of Asia where our project partners recognize the value of the project level JV structure to gain further exposure to bullion - 1.8m + high grade ounces

Hi Boldicus - interested why your timeframes have slipped - I still firmly in the late 2024 / early 2025 camp for a rerate and 2026 could potentially be off the scale. I personally think that once the bureaucracy is dealt with, the JV partners will move at pace to put all the necessary infrastructure in to start production asap to capture the POG surge (and silver of course).

Certainly agree with your statement about having a plan - my plan is to make a lot of money :-)

The slide is only temporary in my personal opinion - just look at the small volume - it might take a few months we need to allow our JV partners time to navigate the local bureaucracy - these are successful business people who know how to get things done in their country - its the huge benefit that they bring to the table alongside the cash. Give it the time it needs and I am confident that you will be rewarded big style.

$2470

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Mining professionalism - like over 20 years experience in the mining and exploration industry. Preferably with involvement in the management of exploration, development and financing of projects in over 15 African countries for both private and listed companies.

Yep - that would be ideal....

Bebeto - I guess that depends on whether PKF have pulled their finger out or not doesn't it.

I understand that in a vacuum then speculation and doubt can easily take hold.

My city contacts tell me that there might be well over 35 companies waiting for PKF to deliver and many are in suspension as a result. If anyone has different intel please share.

Sometimes the facts are as simple as have been told within the RNSs - the ball is in PKF's court and has been for some considerable time now.

I am not aware of being able to join on line.

In terms of why the SP has collapsed I think that given Aidan's comment at the Investor Meet Q&A and the latest tweet, he just puts it down to a fickle market. You also have to look at the relatively small volume creating the fall - that suggest to me that we have a few investors chasing rainbows elsewhere until news appears here and existing holders have probably put in all that they want to at the moment. Aidan mentioned meeting investors in London in September (I think) - that could be existing or potential investors I guess. Given the number of posts here and the number of comments on the tweets I think that we are still very much under the radar and we need a catalyst such as a permit to grasp new money imagination.

Tomorrow is the AGM

Bebeto - keep GRL chat on that board please and stick to the rules

$2447

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Bebeto - suggest you post on GRL then - you just can't help yourself can you.....

Another tweet just posted by the company - a copy of a previous slide on the current value disconnect.

AGM on Friday - I am not expecting news but there should be an RNS later in the day confirming resolutions passed.

I underline this is my personal prediction and not investment advice.

I think that when we get positive news on Kochang that the SP will double.

Frankly it should already be circa 2p in my view but clearly the market disagrees with me at the moment and that's ok. I'm patient.

ATB

Crazy low MC based on near term potential - in my personal opinion its a screaming buy but as always look at the presentations and make your own decision. Always need to give these things longer than you originally thought as well. Basic common sense.

We have an estimated 1.8 m high grade Au oz, 3 jv's with local partners supplying c.$9m in investment and a free carry, equivalent spend in ground of c, $40m, a scoping study for historic Korean mines reporting post-tax NPV US$181m, free cash of US$50m pa, IRR of 111% on gold price of $1750 (now above $2300) and a market cap now of £7.5m, having been £11m a week ago. The fickle nature of markets but we continue to advance and look forward to project updates

Fickle indeed - it will not always be this way.

ARTB

There are lessons here to be learned. This is not an I told you so post because I didn't.

For some reason people prefer to loose everything than 90% - the last 10% is the hope factor that remains until the very end.

Maybe this will come good and maybe it will not. The BoD track record speaks for itself. What has changed to make the future any better?

Think carefully over your next play here.

Whilst we wait on the next key event which could land at any time, continue to read and watch analysis on the future potential of gold and silver.

https://www.youtube.com/watch?v=QyAAclovmUs

Agreed chasf. The government isn’t going to say we are nearly there and so the news will just appear and watch the scramble for shares then.

In Aidan's view its $3K next year - again that is my personal view having listened to a lot of market commentators on the subject but DYOR - lots of great interviews out there and just apply common sense to what they are saying. Also check out what the large Banks are forecasting for the end of this year - all lines up.