Member Info for kempey

just logged on sosorry if already mention butties reports that Copper prices have soared on the back of China 's Covid 19 recovery. Goldman Sachs expects price to hit $7500 a ton next year and could go even higher.

It's not the company IMO its the punters who have decided to sell. They have no patience and if they have made their 10% they're off as there are far more quick flips than this one, not that this has ever been a quick flip. When it does turn it will move fast though and the herd will be back. I have bought more and am happy to wait. Only the 10%'s and STH's are concerned.

Mercedes....labs say they are running 4-6 weeks behind schedules due to so many companies drilling in the area plus issues around Covid19.

Thanks Crusty. As you say I wouldn't want them to be my broker!!

Crusty.....what time was 1.6p paid? I can see 1.56 but nothing higher.

London is already an acknowledged leader in deploying zero emission hydrogen and fuel cell technologies in an urban environment having pioneered fleet operation of hydrogen powered buses and taxis. As I understand it there are only 13 filling stations but more in planning. As I understand it most hybrid users run on the petrol as they cant be bothered to recharge for 40 -50 miles they get from a charge. Not worth the premium they pay for a electric/hybrid car..... as yet.

China have been converting all their ships on the Yangtze River to run on LPG.

Jet..... make an interesting point ............car propulsion - cobalt, nickel, lithium, manganese, etc. Aren't they also developing propulsion based on the use of hydrogen? Not up to speed on the technology and process but electric may be just one form soon.

Enjoyed reading that Joe. Excellent!

GGP fortunately, covered all my losses on a multitude of shares over the last 10 years and left me handsomely in profit. I have been in Aminex for many years well before the rise to 7p+ and bought in at 1.8p having averaged up on the rise from 1.2p. Hoping to be back in profit here soon. I think this share has the potential to be another GGP. Great (massive) assets and JV with wealthy successful company for 25% free carry. GGP was struggling at one point just like Aminex but look now. Bought more of these yesterday and will be buying more now we have the FO.

Hopefully will be confirmed in the next RNS or presentation. Great that Betenberk broker note states “Havieron is a Tier-one discovery. Hadn't read the report though I was aware of their target figure which I think is disappointing but no doubt based on historic data and very conservative. I believe Johnathan Guy was the analyst and if so his target figures whilst at Numis were well behind the curve.

Dodge....I agree with all that you say and would be astonished if NC did not give fair value for the 5% agreed. The only caution I would suggest when saying we have a Tier one asset though is that they use the words " potential to be a tier one asset ". In fact the words 'potential' is used through NC and GGPs analysis in a number of presentations and RNS's. Again I would be astonished if it is not from all the data we have now but to my knowledge they have yet to confirm it. I still believe we are looking at 30-35p on confirmation and 50p if they JV on Scallywag.

Historical:
GGP was 1.08p-1.10p at Hole 5 visuals at Haverion. After 9 holes drilled, Newcrest farmed into Havieron. (From NCM board) How many holes have we drilled at Scallywag?

I think you are right Battle plus many LTH's got very frustrated with the length of delay on the FO agreement and were happy to get out of the share as soon as there was a decent rise. 160% is a decent rise and many jumped at that point and are hesitant about coming back in. I know I have shares that I sold out of ( at a loss, in some cases a massive loss) because they seemed to be going nowhere. I don't even want to look at them now! I stayed the course with Aminex and Solo because the asset is so great if it can be realised. I did the same with GGP when it crashed after NM walked away and it payed off handsomely in the end. The assets were too good to walk away.

I would suggest sell. Buys going through at 0.95p - 0.965p. I'm surprised it hasn't risen more after such long awaited news. many investors got tired of waiting I guess and moved on but i think they'll be back on movement upwards. This asset is to good albeit in Tanzania!

Must be a bargain at under 1p. Just got another batch at 0.965p to add to the 2.5m I've been holding for years. The assets this company has are potentially massive and with pipelines to Kenya and Uganda as well as a fast developing local demand this in time can only go one way. The JV with ARA to me is like the one GGP has with Newcrest. Aminex does not have the finance to go it alone but now has a free carry for 25%. Its a shame they don't have the finance to buy out Solo who will be keen to sell their 25%....but at a price.

There's one explanation from; Dillons2019 post a few minutes ago quoting from abc.net.au. news;
'Laboratories which test drilling samples are under pressure to keep up, resulting in delays of up to six weeks for results'

Thanks Dillon

Can anyone remember how many drill holes Greatland had completed before NC decided on a JV on Haverion. GH must have the initial drill results by now and the delay in announcing them i'm starting to believe is down to NC having a closer look at them.

It was Numis and I'm sure it was Johnathan Guy who wrote it before being tempted away to Berenberk.

Johnathan Guy was the analyst at Numis who wrote their broker reports on Greatland. He set very conservative target figures which were surpassed easily and he had to revise each time. From memory I think he went from 4p to 9p and then 15p each being taken out easily. 22p is a very conservative figure based on a modest amount of gold. I think from all the evidence we have he will be revising upwards before Christmas at least once if not twice. My guess would be to 29p and then 35p depending on Scallywags estimates and NC's possible involvement in Scallywag in a similar JV as Haverion. Greatland have other assets not included at the moment but with great potential.... Ernest Giles and NM should not be forgotten not to mention the others.