Mugpunter, agreed, to get good grades before the diamond drilling targetted zones is good news. Plus, if it is ever developed then shallow gold will improve the economics significantly. Wishbone may turn out to be lucky after all
I guess the new government is going to wait for some riots or demonstrations related to petrol or deisel queues before awarding the green light to Phulbari so they can show that they are doing something about the energy crisis..
Only 30% drop, I was expecting 50% on that rns, encouraging. So is the 5g/t over 1m or 20m a bit of a difference, more information would have been useful. Funny how the bigger investors frequently make good moves just before news is released. Shallow gold is cheaper to mine so I am sticking with this.
Today's sinking price is mere detail, assays are what count.9 Dec 2025 14:19
Either the assays are good or bad. I'm staying in case the grades announced are good. I have already been burnt once with WSBN so agree with the negative chatter about RP but he may get lucky, he's in the right jurisdiction and the core's appearance encouraged me to wait for the formal assays.
Normally I top slice when a share doubles but with Imm this normalisation of the immune system seems exceptional rather than the usual crude suppressor of an overly active immune system.
I suspect the cheap price offeref by TRP for the Namibian farm in was the sweetner to get the deal for Cameroon over the line. There is clearly urgent industry interest in offshore Namibia prospects, Chevron to the South, Excon to the North, this looks like GBP's time is come.
Looks to me like discussions on a farm out of pel 94 are dragging on so the company is protecting itself from looking weak financially and so have done a placing. Now there is no rush to get the deal done so their hand is stronger. If they do get a farm out with some cash up front that would be perfect for exploring the gravity / magnetic anomoly in CB's back yard. Looks good to me, have topped up below the placing price.
Great video, thank you AmorAmor and well done to Jay and the team for finding oodles of hydrocarbon liquids without qualifying statements like a "rubble zone" this time.
Ggp fortunate to have a processing plant nearby to discovery.30 Nov 2024 10:44
Post card answer, GGP are ahead of schedule on building their mine, they have a deep pocketed investor backing them and incredible fortune to have a processing plant winding down nearby. What's not to like, hopefully GBP will find a deposit as large as Havieron then investors will see a SP multiples of today's. I can only assume anyone knocking that story is not yet fully invested and is trying to lower their entry price to GGP and GBP.
Madman Rob, Aim 23, agreed, I had a small top up at 6p today as Mou 5 is not far off now whether or not they get commercial gas from Mou 3. Madman, I hope you have some great gigs, there's nothing like live music.
Sadly not a crystal clear RNS, it could be interpreted that the thin sands are difficult to test so the company needs an extension to allow their understanding to improve but MOU 5 is clearly being dangled as a carrot which will require yet more testing, definitely a slow burn this share.
Chinese imported coal demand currently 450m tonnes per annum11 Jul 2024 22:08
It makes sense on so many different levels for China to persuade Bangladesh to give the GL to Power China and Phulbari. 1) Any money China is owed is more likely returned in hard currency, 2) Bangladesh becomes dependent on Chinese capital but also 3) a major new supply of coal (45m? tonnes from Phulbari) will slightly lower regional coal prices. For each $1 drop per tonne China would save maybe $500m per annum on its own import bill. So putting up $1bn to kick start the project suddenly looks cheap. Even if none of the Phulbari coal is exported it takes the demand away from Indian or Indonesian coal which will therefore still lower regional prices. Despite the reluctance of the Bangladesh government to give the GL it would make sense for China to insist on it if bilateral trade is to be boosted. Time does seem to be running out for the indecisive Bangladesh government.
Step change in PR, great find searcher. I can't speak the local language but understood GCM Resources, London Share market, Power China and Phulbari. Good enough for me.