When Landore started the latest drill campaign about a year ago they stated that they were targeting a 30% increase in indicated and inferred resources to 1.3 million ozs. They have achieved a 50 % increase to 1.5 million ozs. What more does the market want? The stage is now set for a sale at a multiple of the value the market is putting on the share price.
Chez and Bushy. I do not know whether you are the same person but your diatribe is getting monotonous and spoiling a good board. Can you call it a day and shut up unless you can post something worthwhile and constructive.
I think the result of the recent elections in Zambia is likely to lead to more investment in the mining industry which stagnated under the previous administration. Jubilee will be well aware of that and have taken the opportunity to accelerate their developments there and acquiring a larger percentage of their JVs. Providing they deliver on their accelerated projects and copper/cobalt prices stay at elevated levels then revenue/profits should balloon in the next few years. A real cash cow in my opinion. Happy to be heavily invested here especially with Leon at the helm.
Looking at dates for the last few quarterly/half year operational updates I am expecting our Q1 update before the 15th, probably tomorrow or thursday. Hopefully they will show further increase in production and revenues, particularly as pgm, chrome and copper prices have increased significantly. That should give a kick to the share price.
My 50000 buy at 20.7p at 09.44 has been recorded as a sell!!!
Thanks Carrodus. I didn't realise it had been reported before. Confusing when part of the Appendix today. So essentially it's part of open at depth results which have not been included in the Mre. Amazing grades. It really could be a monster!!
Can any of you experts please explain to me why the huge intercept at HAD065W2 of 120.7m @9.3g/t from 1349.3m depth has not been highlighted in this report? Or has it been reported previously. Its huge isn't it?
If ggp can do it, why can't we. On paper we are potentially as valuable.
Lets say Havieron is to be mined and ore trucked or otherwise to Telfer. Will there be sufficient processing capacity at Telfer to take ore from other sites e.g.. Scallywag? I am not sure there will be, in which case if Scallywag is big then surely it would require its own processing plant. Just a thought. Maybe our more knowledgeable posters can give there views?
Sorry to hear the sad news. In 1970 I played a match against a Swedish touring side at Moor Allerton, his home club, and he was our after dinner speaker. He was hilarious, a bit blue at times. The voice of golf on the BBC, I will definitely miss his slurring words after he's had a few gin and tonics. RIP Peter. A great commentator but also one of the best British golfers of his time.
Still a lot more to go for a fair discount to net asset value. 35p would be about right.
Has my comment set the share price off. Up 2p.lol
Would anyone like to buy 82 million shares in Ggp at 50% discount? We must be ripe for takeover.