Member Info for leapfrog

Only 229million SII so a MKTCAP of +�8million,a small following. I don't see the price rising much unless it is a spike because in order to establish its resources the comparing will always be in need of extra funding so there will be huge dilution to cover the expense of building a mine and processing plant that has the capacity to seperate the minerals otherwise the less valuable dore bars will be produced. During the time interval of several years before a mine is in place the sp will fluctuate and spike,the SII will move into the billions with the potential of a consolidation,resources should increase and shareholders will be moaning. So definitely on watch list for a year or two.

Why would anybody buy shares in a company that announces it has no value no funds and is delisting,closing business as it cannot be a going concern?

The various comments made by Rob clearly indicate they are well ahead of the game-' growing faster than any other pod caster in the US -mentions European markets France Germany Scandinavia- talking one to one to a whole host of big name brands with product rolling out through 18- Says ahead of Q budget all focused on given figures. Out performing the market than pretty much any other company. Working with I tunes Spotify google deezer. So as for the lame comments I totally disagree. ATB

At the moment the world is talking about Cu resource limitations whilst wondering what effect demand growth curve will have on Cu prices. As various countries start implementing the infrastructure requirements to meet battery charging capacity it will focus both city and industry attention on the price of copper and the companies producing it. So all juniors such as GEO may be subjective to take out rumours and bids ! What price the sp in a year from now? Assumptions made

I think most of us are expecting a date for commencement of mining at any time in the run up towards Christmas I expected gold news which we now have As for Cu that will come on the next RNS ? Pretty good results in my book.

I had been expecting a serious upgrade in the definition of the gold resources and I think those results will end up taking us over the 10 million ounce mark or very close,if it does it make it one of the few larger resources to be found in the E U area. The copper is there at varying intercepts and a much larger resource is expected to be announced. It is not surprising that as the price of copper increases so new or different methods of extraction will be established to get every kilo out of the ground especially as the price has various suggestions the POC may exceed $20k as demand increases and overtakes max production from available in a couple of years time . Indicates we are due another resource RNS Assumptions made.

Several things there,the speed of growth continues.they want to ramp it up because the market is there to be taken hence the capex on developing a full sales team with an eventual eye on Europe ? Appears similar to US growth pattern. Assumptions made

One of the better buy to let specialists but with the rapid ongoing decline in London property values especially flats plus the the coming disappearance of mtg relief for buy to let's add in brexit have all created an increasingly lack lustre market . So on the watch list despite its promised 2018 dividend., plan.

A slow burner . . Rush. ;) Agree I like the steady progress in the sp -might turn into a rush when we get the Qs progress report. Apologies.

I based prediction for the sp on the income from the million ton throughput which is the stated requirements and that equates 60p ps ball park. It is based on the given mining and production model.presumably you did not know we are waiting news of the mining and start of processing as given and expected before YE based on the jorced resource known. If the Russian data is believed it will give a clue as to how much is known I.e. In the region of 14 different areas showing potential of700MMT the first one is expected to come up at 50Mmt. Read the RNS it can easily be worked out. So it is not pointless

Greatland is a golden herd hype,if it comes off excellent if not a serious crash can be expected. Vast is different almost the same as here but with 4billion+SII + major assets,the SII will restrain the sp to a few pence,currently a bargain at its micropence sp Here it is the reverse with a small very small SII the sp will move on a decent RNS giving good news towards my target of 60pps Then there is high risk RBW with one of the highest resource content of REEs its sp is on the creep towards first sales at EOM or thereabouts should near to double similar to GEOs sp but much riskier. ATB

I like that 1.5 users ;-)

The Australian price of gold as an undeveloped resource is circa $50 an ounce,here we have 7.1 million ounces resource due to be increased . Work that value out set it against our existing MKTCAP add in Copper and Silver etc., It confirms the resources are priced in for nothing

I would normally have traded a third of my holdings but changed to a hold and add policy on review of likely events before Christmas built around expected income parameters. So if the sp reaches 20p or lower to 18p I think it's worth adding,even at 21p which is slightly lower than expected Once the 50MT resource is announced the sp should move on the basis it's a big enough resource to confirm the BODs statement of seeing itself as becoming a blue chip miner. To become a small 'blue chip' means having a mkt value of $3 to $5 billion which by any stretch of the imagination when set against the SII of just 114 million gives a ridiculous valuation especially if dividends start to roll in around the order of 5% of valuation? Dreaming ? Yes but the resources are in place to make the companies target achievable plus the unusual precision of announcements is indicative of proving up the information as given by the company to back up their target of blue chip sp I have been right about the assets from the start and they are still priced in for nothing. Assumptions in place

It is so quiet anyone would think the boardroom doors are sealed as takeover talk price is being negotiated

With regard to the third target of 50MT Cu target they said . . more than 50MT ...... I should think they are drilling alongside or close to the places where the original survey drills were made. The 50 MT TARGET will be met although I did not expect it to be exceeded. We now know the various operational extraction techniques work efficiently and we know they have a Jorc resource big enough to start mining at the targeted throughput of a million tons a year- from which slightly revised income figures can be worked bearing in mind we get a 10% management fee. On the above basis with the next announcement we should be given date for mining/processing alongside the remaining information for expected drill results. The start is not far off now. As the 50MT resource is defined they may already be planning the expected stand alone mine.remember they put in the new access road from the new ? mine site to processing plant sometime ago indicating they know exactly where the resources are.

This third and final phase of increasing the resource base towards the 50MT region will certainty be more than enough to justify building a fully equipped stand alone mine. So expecting to see some progress reports in that direction. Assumptions made.

The Burundi risk is already factored into the sp otherwise it would be much higher. It's the way the economy has been run that is upsetting the situation especially fuel shortages - populace blame .gov for various failures but those failures have created a hard working ethic. So it is unlikely rcivil unrest will occur. It is a risk situation but the Gov., are not fools and need the currency so treat external trade income seriously. What to do if the risk is unacceptable don't invest or invest but write it off so no worries Political situations change the resources don't.

Price is still on a slow drift presenting possible buyin opportunities which may no longer be available once the expected News arrives which is due in a Few weeks.

First let the income start rolling then we will hear what the BOD have in mind for expansion and how they are going to achieve it. A rolling income should be on a growth curve even with steady rate production as the REE price reacts to increasing demand the sp should start to move well ahead.