Member Info for lebugue-addick

I agree Paddy - we have seen this trend before but I think it's more to do with the anticipation of hearing tomorrow the 9th set of outstanding results - hopefully. How GH and CB have managed to restrain their twitter utterings is quite impressive as well.

tigger and friends - have a good evening at the Stag. Plenty to discuss. Don't overdo it - we need you all back in one piece for tomorrow's RNS!

djfwatty - yes, along with those 1st post numpties

not a 12p close again lol

...but stand well clear of the sell button!

13.06 - ...otherwise known as the "rumble in the jumble"

"Or" inspiring you lot (using the French gold translation)

Some were on here asking about the activity to the south-west. This is an extract from RNS 11 June:

"The results of drilling to date indicate the limits of mineralisation have been closed off to the north east, south west and south east, and remain open to the north west, and at depth. Drilling programs at Havieron are ongoing with nine drill rigs currently in operation".

Source: Appendix I Section 2 of the RNS

Strange that Numis didn't issue an RNS of their own this morning. I assume looking under NUM is where we would find it.

Real investors as opposed to short term gain merchants are not worried about SP rocketing immediately although in GGP's case a 600% gain since November is kind of rocketing I think you would agree

Pretty sure this is just Havieron, not Scally. The word decline is mentioned. Closing date 23 July.

https://www.newcrest.com/careers/current-opportunities?job=979210

"Overview

The Havieron Project is the primary target of the Newcrest-operated farm-in and potential joint venture with Greatland Gold. The Project is located in the Paterson Province, Western Australia, approximately 45km east of Newcrest’s 100%-owned Telfer mine.

You will manage a small owner’s team, various stakeholders and contractors, to safely and efficiently deliver the exploration decline to meet the requirements of the Havieron business plan.

Reporting directly to the Head of Projects, you will be responsible for:

Managing the tender process including development of tender documentation, evaluation
Awarding the contracts
Developing underground mining team
Managing the construction and execution of the greenfields Boxcut and Exploration Decline
Managing the surface infrastructure and mine development camp
Delivering the project on time, within budget, and as per technical specification
This is a fixed term position that will work on a FIFO (8/6) roster. Point of Hire is Perth".

So let's put this to bed with some facts on the SP before and after results:

8th drill results on 11 June SP 12.5p, 10 June 11.5p
7th drill results on 30 April SP 8.45p, 29 April 8.92p
6th drill results on 11 March SP 4.62p, 10 March 4.1p
5th drill results on 30 Jan SP 3.40p, 29 Jan 2.91p
4th drill results on 2 December SP 1.79p, 29 Nov (the previous trading day) 1.6p
3rd drill results on 24 October SP1.82p, 23 Oct 1.83p
2nd drill results on 10 September SP 1.8p, 9 Sept 1.75p
1st drill results 25 July on 25 July SP 2.03p, 24 July 1.78p

So I think it is clear that the results on the day are generally met with an increased SP - the only fall was on 30 April right in the heart of the pandemic when shares were all over the place.

Looking at the bigger picture - in a year the SP has gone from 1.91p to today's 12p. So on news there has sometimes been a slow immediate positive response but when investors have reflected on the colossal scale of the RNS's the SP has risen 6-fold.

09.03 Elise - ah the Condor moment (old TV ads)!

you need to look at the market cap - that has flown; and so too the SP

RRR always gets it wrong - only shows up when the price slips back a touch. How sad but very funny

mush - very funny!

Thanks Paddy - that's exactly what I have been looking for - some we could have 40 more drill results to hear about. Last update we had 27 new results so this could be a whopper RNS in less than 2 weeks.

250 trades today in 90 mins sounds ok but volume is very low. Around 80% of the trades are under £1,000

The rate of drilling is so fast now that it won't take long to do the 80,000 metres which kicked off at the start of July. In the 11 June RNS a further 27 holes had been drilled for some 20,202 metres since the previous update RNS on 30 April. So at this rate the 80km could be completed by end November, which is good as the season really starts to hot up from December onwards.

Particularly looking forward to updates on HAD066 and further drilling in the NW. GH could also give a further update on Scallywag and the rest of the Paterson plans. Expecting a lot of interest on a number of fronts in 2 weeks.

thedoors - all the information you could ever wish for is available. You just have to read, if indeed you really are that interested and not just here to try and disrupt. Maybe you are just another rider trying to create a storm to wrongly paraphrase your namesake's group