Member Info for leslieby

Let's imagine for a moment that the 'silent hand (SH)' is pulling the strings........doing so, because they've suggested they might be willing to put forward say £25m against a % of the mine.

SH puts it to LR that they are content to move forward subject to the METS they've already seen (!), confirmation of indicated with present knowledge and including the results from the lock cycle tests and inferred from the current drill.

Totally de-risked for them, just as LR has been telling us.

Well there's a starter!

TT, interesting. So taking those figures........$60m (one year only) applied to 400m shares.........@1.30 usd/gbp = 11.5 pps.

Any ideas what the net value of the $60m would be after ops/ex?

@Morningsun...........if I were wearing a cap, i'd doff it toward you.

I hope that's not a mis-printed buy. GLA.

BricksSA, that guessing we have to do is surely something that a prospective JV partner(s) doesn't need to....imv,that's why we haven't seen the mets but they have!

Nice post G657. DB may well be canvassing top barristers as we view from the sidelines.

You're right ugg6, but nobody will do fluck all about it

Thoroughly enjoying the knowledge acquisition on this thread (thanks chaps).

That urgency is surely key. If we consider a potential JV/Sale as a consequence, then it brings an even sharper focus to those 'community engagement meetings' the company are so keen to undertake. Perhaps LR is accelerating positive outcomes on whichever of those dependencies required to ensure complete derisking to prospective partners/buyers?

OIltap, it was undeniably positive in his own idiosyncratic style!

At 09:41 he said (loved this bit) "........the project couldn't be better at this moment"...........it's very hard not to get carried away about this share now. GLA.

To clarify - not a specific partner, more the opportunity. He wasn't drawn on a JV (rightly so).

I may have missed it previously, but that's the first time I can recall him overtly mentioning a JV partner

Herts, agreed. Perhaps the suitor is demanding the asset be wholly proved prior to purchase. Exciting times.

What a great way to start the day.

Blimey that was a quick turnaround - you only sold out yesterday afternoon.

It's fully funded. All they have to do is read.

Brocal53 - perhaps there's a temporary 'hold' as the MM's satisfy any large buys (say £200k purchase). An after hours delayed trade(s) might be most enlightening today.

@13:05 (LSE)
# of Trades 251
Vol Sold 130,421,532
Vol Bought 80,037,427

yes mate - 128m already sold today.

So roughly 30m in sells to churn and 50m buys late reporting?