Member Info for kempey

Hope so Mapp. I've got a small fortune invested in FRR. GGP is my get out clause if Frr doesn't relist.

Day to day price ups and downs are irrelevant. Look at the 5 day and month graph. This is in an upward trajectory, albeit slow but in the right direction. It will really pick up pace on further positive results and then if NC decided to go ahead and agree to mine then we should see lift off. At that point many will see it as a good unrisked long term investment and buy.

30% or 25% of a potential £1b asset for doing nothing!!! If the asset is that big then I would want the lot at a price much lower that the final amount I would have to pay GGP when the asset is realised.

I think this is the first major sign of their intentions in 2020. Telfer by all accounts was slowly shutting down, the asset becoming exhausted so given the size of the recruitment drive I an only conclude they have enough info from their drilling at Hav to start the process of getting ready to mine. I look forward to seeing camp expansion at Hav and road development between Hav and the Telfer processing plant.

It's taken a volume ratio of 38:1 Buys v Sells to raise this 3% or 0.05p. To get to 3p is going to take some time me thinks unless we have some outstanding news. Having said that it's a quiet period before what should be an excellent year in 2020. Hope everyone has a great night tonight

Sell Hav for $150m??? Bit low don't you think given the potential size and value of the asset !!

Am i correct in saying the expenditure by NC of $65.m simply gives them the right to acquire 70% and is not the purchase price for the 70% or is it the acquisition price which simply gives us a 30% free ride in that we will not have to contribute or fund development costs.?

Amazing statement and of its time. Not sure the 'common people' will become more docile in 2020's. Thank god we live in more enlightened times....at least I think we do!!

Totally agree doughty9. Corbyn and his extreme advisers and policies would be a disaster for wealth creation IMO. Yes we need to come up with some answers to address the inequalities in our society. Equally, I am not impressed with the constant flow of Old Etonians, Harrovians , Rugbeians etc. and then Oxbridge running the country, government positions often gained by wealth privilege in the first place. I am the only one that finds it difficult to believe the likes of Rees Mogg is/was Leader of the House in the 21st Century. Yes we need intelligent people running this country but at times to me it doesn't seem as if we have moved out of the early 1900's. I find it difficult to accept the argument that 'that's the way it is'. After the Brexit fiasco I think we need to have a rethink about how our country is governed. A debate in Parliament although entertaining at times is embarrassing compare to the European Parliament debates and discussions. My European friends find the way we debate so antiquated and hilarious at times! Sorry to bore you with my views but nothing seems to be happening one the share front! Yet!!

I couldn't agree more Cardinal. Will have a read.

Agree with your post about Corbyn not getting elected but don't agree with the simplicity of 'this is how capitalism works' We don't live in a personal bubble, we live in a society which needs doctors, teachers, nurses et al. I have 4 sons, two in the city who earn a lot of money and one a teacher and a doctor. Can you honestly tell me that the 2 in the city are worth 12X more (before annual bonuses) than the doctor or teacher who I know work equally hard and in my opinion offer far more to society. I understand the argument that the profits in the city and taxes pay towards their salaries but all are needed by society. Its very easy to sit in your bubble and pay for your kids education, pay for your health care and complain about lack of police or roads not being repaired etc. I don't vote labour but still recognise the inequality and widening gap in those that have and those that don't and I speak as one of the former. I think we ignore that inequality at our peril!!

I couldn't vote for Corbyn although I acknowledge there is great inequality in this country financially. My concern is the ultra left wing ideology that lies behind his thinking...very old fashioned Marxist views on how society should be organised. He does come across as very sincere as you say but he is just a mouth piece for Momentum who I believe could be even more extreme if labour gets into power. Being anti capitalist with a big A to me is negativity to business and the bottom line is business drives the economy. Having said that I don't believe all the entrepreneurs are going to go and live in Spain or Nassau. Some who only need a laptop to work may but most businesses are not like that. I take your point though and apart from tax his plans for spending could bankrupt this country. Money has to come from somewhere!!

I have a large amount of money tied up here and am heartened by the fact that they have not issued share certificates which indicates to me their intention to re-list. The is so much money tied up here in claim and counter claim I find it staggering they can't come to some agreement which is satisfactory to all parties, allows the company to re-list and develop and the shareholders to benefit. The resources are there but need developing.

Timster...i did the same but they simply replied that they had no news.

my bank said share certificates were not being issued. Presumably the intention is to relist again.

$65m exploration and development costs. N C take all the costs and risk for 70% of final asset value. We get 30% for doing nothing.....if NC confirm go Head on project. Could be go ahead on €1b+ depending on resource size.

Do we know when the AGM Is?

Too many here chasing a fast buck. Mining companies take time to prove up and start producing. NC have given a 6 year exploration and development timeframe and traders have thus taken there profit on news as usual and moved on. Lths if they stay the course could be winners here if and I say if NC go the full distance. Too many want jam today before the fruit is even picked. I'm buying more before we pass 2p as I think eventually this could be 10 -15p a share. Patience is a virtue with an exploration share but with NC on board it's in a better position than most.

I can't see how an exploration company can book revenue!

mystifying how 20k sells v 3.1m buys keeps the price down unless someone is loading up and MM's have a background buyer.