Member Info for JoeBass

"Any update from Numis yet? They were pretty quick off the mark in April."

LOL, where have you been ?,,,,,,, try reading back, as we all do.

If for $100 million j/v on Scallywag and it holds, say 20 moz at 50/50 split, they get 10 moz @ $1700 -aisc $1000 = $700 oz x 10 million = $7 billion for their $100 million outlay. Give or take a few million.

JC,
"USD 100m for all stages combined that is!"................ I agree.

"65% interest"............. No way, 50% max and thats a steal for them.

GH just said, more good news for investors soon, could be today. You know he likes his intraday news release.

Can anyone interpret the amount of gold presented in this update as a percentage increase against previous data ?

I would like to compare against Numis % increase.

All posts on advfn from 13;31 have left the building.

Hmmmm, Numis are a conservative bunch.

Chippy is right, keep your eye on twitter.

Spratt1982,

Please excuse my ignorance, but I have no idea what telegram is.

I'll know what it is in about ten minutes, but can't put here, as last time I did, I was threatened with a ban.

He's a NASA satellite operator, lol.

Does one spectacular RNS bring out all the returds?

" I think 'making voting easier' is the plan - hence this RNS - we'll see but if true it is a small amount of progress."

"just being realistic as everyone is forgetting the large issues recently (47M just a week or so ago) and after being involved with AMC for over 11 years I've seen it all before, follows the same script every time:-"

Couldn't agree more, todays RNS,
1. Vote sweetener RNS.
2. Hopefully TEO will be delivered on time.
3. None binding, hmmmmmm.

Call me what you want, but for over 2 years he's treated us with complete disdain and now he's sucking the lemons in.

I don't trust him period, when and if he delivers, then my view may change, he wants them shares and is sweetening up the pi's.
He has not delivered anything that he's promised for a long time.
Media week.
2018 drill update.
Strategic review update.
Now we have a none binding offtake agreement, I hope we do and it becomes binding, but until it does I will remain sceptical.
"Those who forget the past are doomed to repeat it”.

IF, I could trust him, I would be ecstatic about this RNS.

Response from the spivs, given how spectacular these results are.

munchbox54,

That's an outrageous post, you're as big a ****** as this board has seen.

109m @ 6.3g/t Au and 0.71% Cu from 668m
including 55.4m @ 11g/t Au and 0.79% Cu from 676.1m
including 4m @ 78g/t Au and 1.2% Cu from 718m
---------------------------------------------------------------------
132.2m @ 4.3g/t Au and 0.49% Cu from 557.8m
including 54.4m @ 9.3g/t Au and 1.1% Cu from 557.8m
including 4.5m @ 66g/t Au and 2.6% Cu from 573.5m
---------------------------------------------------------------------
45.3m @ 8.9g/t Au and 0.63% Cu from 588.7m
including 16.9m @ 20g/t Au and 1.2% Cu from 598.2m.

Some explorers get 200/300% rises on just conformation of low grade mineralisation.
These grades/results when fully digested may see a 100/200% intraday rise, that can happen any day.

AND, if this is improving, moving in towards SWag, then Haverion could just be the tip of this goldberg.
Imagine this being the tail end of a behemoth deposit, sleeping at Scallywag.

Do you dare to dream that big?
I believe something is being discussed/negotiated re Scallywag in the darkroom.
Any news confirming the above could see a suspension of trading.

4 million, not 40 million, lol.
Pay attention.

These targets can sometimes be the kiss of death. When a sp nears or just passes a target, it's as though the mm's are compelled to hold it back, awaiting further instructions from brokers.
As we know, our target currently is 12p and despite strong buying, it is refusing to hold above 12p.

We need next updated broker note to say 25p, that allows for more vertical movement without embarrassing any brokers, before July update.

"We just released an RNS regarding off take and we released another which is asking for facility to raise for an off take agreement."

I missed that part, where does it state that in the RNS ?

Courtesy Mr Skint,

Mr madengland.

"Mgt haven’t exactly got a great track record of being open or honest."

This is the crux of the problem that most shareholders face.
Their past record doesn't deserve blind faith, imo.

Given your comment and the lack of trust by many, you would think that, if the BOD want the support and approval of shareholders to back their resolutions, it's only fair for shareholders to seek clarity and further info/assurances that its not to bankroll their lifestyle existence. Each shareholder has the right to seek answers to their concerns.

If the company requires said shares to progress the company, then fine, but that's not the issue for many, it's the lack of confidence and trust in the directors. (History)

Legitimate questions put to them pertaining to the resolutions need to be answered, to make them accountable and to allow shareholders to make a more informed decision.

I have asked questions directly related to the resolutions, if they allay my fears and concerns, then Im better placed to decide whether to back them.

There has to be a little give and take with this one, enough is enough with the mushroom treatment.