Member Info for Magoo79

Yes, it's puzzling. We are in great shape and the JV is massive news so i don't get why the SP dropped. Maybe some people are getting impatient about the missing assays but those could land any time and I can't see them being that bad, given the existing wealth of knowledge on the asset..

What I like also about this company is that they are extremely reliable and credible. If anything they underpromise and overdeliver, from the guidance production which is often in the upper range of the guidance and deadlines that are always met.

Now looking forward to the other exciting updates expected before year end.

POG may have pulled back from $4400 but we are still around $4k which means THX is printing money.

I expect revenues in the region of €15-18M/y once the whole solar portfolio is up and running. Excluding the initial costs, running costs are very low, with gross margings approaching 80%. Not bad at all..

Just filter the weirdo guys. He spends his time bashing shares he knows nothing about

We are basically getting financial resources that are a multiple of the market cap of the company just to explore a couple of greenfield licences. This means that a major gold producer has confidence in EST and in the geology. It means also that the majority of EST budget will go towards developing the other assets. Importantly, Snowy, which could be the jewel in the crown, is outside of the JV.

Expect more fireworks between now and the end of the year, starting with the assays results and a possible asset sale..

Still early days and great SP to be topping up at

@MH it’s called stream of consciousness, a literary technique pioneered by James Joyce. We are blessed to have such a talent in our BB

Great news! this share is no longer a small gold explorer, it's a litigation play with a fantastic risk/reward ratio, which would suit lots of American investors

Another nail in the coffin. Thank you Robbie and Jason, the dream team of gold mining

addict****, i didn't say that he's not doing anything but that he's not doing anything to promote the company, to attract new investors and funds, to get attention and close the valuation gap. i bloody hope he's working at least 10h a day on advancing projects but again, communication is a bit lacking at the moment

I would not put in charge of the national defence a party known to have close ties with the russian regime. Their leader was Putin's cheerleader on Russia TV not a long ago. Maybe it was just opportunisim but I'd rather see someone more credible in charge. Don't ask me for a name though, it's not a good moment for british politics

Not impressed. Dan started very well but despite his stated objctive of closing the valuation gap with our peers, he is not doing anything to promote the investment case. We are also due an operational update, apart from the last batch of TAM cores.

Come on, Danny boy

Just speculation from my part but CAML has an active mine not far from Verkhuba. Same geology. Residual mine life is now limited and investors are nervous about the lack of progress in identifying acquisition targets. One was identified a few months ago but CAML was outbid and had to give up. They sit on a decent pile of cash (£50M or so) and our asset would be a perfect fit (location, geology, state of development). Could it be that the current drilling campaign was a requirement to firm up some sort of deal, whether it's a JV or an acquisition?

If this materialises, it's very likely to be way more than the current market cap of EST..

I am topping up

- drilling results (this month?)

- updated resources at Verkhuba (dec-jan?)

- sale of the asset to finance the development of the rest of the portfolio (Q2?)

all you need is a decent upgrade of the resources and the hint that there is renewed interest in the licence and potential suitors are knocking at the door and the SP will fly

Yeah, a few trolls spreading misinformation. I'll let them bray by themselves

@wacko sorry but what you say is against what the national defence review and the MoD say about procurement. You are either ill-informed or you want to spread misinformation

@thewacko A contract may be signed simply to develop or deploy a technology, you don't need to have a finished product to get a contract.

They are moving fast and the MoD has also realised that they need to change pace when it comes to procurement and innovation.

Next month could already bring some significant news but i am not in a rush, i bought a large chunk in august so my average is very low...

Can we please ignore that TW loser, please? only a moron would take him seriously

Next stop at resistance around 25-26p

Unless i got it wrong there are about 196M warrants outstanding, with a 31/12 expiry date. These would equate to about 10% dilution and an income of £630k. Not a big deal for a company with such prospects.

I am topping up on monday

Great buying opportunity:

- exciting news pipeline

- huge margins and cash accumulation

- SP massively oversold

- gold potentially bouncing from this level or slighly below