Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Hi Greggie-you have done the right thing mentioning it. I wouldn't have read that far down the RNS so thanks. For me this means PFS October-November. I do not believe it will extend to December as the MRE update is 'very early December' and they will want the Market to fully digest the PFS before the resource upgrade
GLA MFU
After the June results we were dragged down (shorters?) targeting us straight after news. Low and behold they waited for this weeks conference to be out the way and off we go again. Half a dozen large sells all between 3.45 and 4.30 pm ...GH finishing off or another concerted attempt at destabilising the price by a group in tandem who just happen to start their deramps today ?
So close to key updates on drills and PFS this is possibly the last chance these lowlifes will get to disrupt
GLA MFU
PS-Will switch off for a few days hopefully by then these buffoons will be back under their stones
Hi O1978
You make a valid point. As it is directed more at the Marketing/USP I would recommend you email GGP directly and put the question to them. Myself and other pi's have asked at various times this year and they have always responded
The email address is info@greatlandgold.com
Please let us know how you go on
Best MFU
Hi Robbie-good question. My own view is it is traders in the main perhaps also now news "unlikely" until late August or next results early September some might be thinking it will hover in this range ? I did the opposite monday as I had a gut feeling something interesting might come from Newcrest which it did with the 3 new targets although no real impact on SP yet!
GL MFU
Hi Panama- echo what you say ! Maybe these new access roads are to bring a few in lol !!
Best R
MFU
One of the big learns for me watching the D&D presentation just now was the state of the art Truscan labs on site at Red Chris allowing "real time" assays and ability to make prompt decisions rather than the 40-60 days delays they are all experiencing in the industry. At the point I started to get a little jealous that this luxury was afforded to RC Fraser confirmed that they will be positioning one in Hav shortly (if not already) So moving forward there will be significant benefits to both NCM and GGP.
Was also nice to hear a different respected voice (we know all about Sandeep) and how reassuring that Fraser has been at NCM since 1997 so when experienced industry practitioners are waxing lyrical and putting Hav very much at the forefront of such a prestigious event it gives me even more confidence in the project.
Well worth a watch for those that have not done so (27 minutes)
GLA MFU
@spymaster25 "Lenz, my guys told me some news is going to drop this month. I would not be too concerned anymore"
you tease :)
MFU
Great stuff Paddy...I hope you stocked up well on the Guinesses you staying up so late !! Best MFU
PS-Hope you are having a great time back home those beaches look stunning from your twitter account :)
@doggy100...I haven't got the foggiest but if it helps I can say that just before close I was deliberating on whether to top up 100k shares ahead of this week's D&D event I was offered 17.65 to buy so took advantage which had dropped from 17.75 moments earlier. As soon as I executed it the bid was lifted from 17.6 to 17.75. ?? We will probably know first thing if the bid is marked down or not ! Best MFU
Hi All
Great to read up on some superb research much appreciated
Still holding just over 2m of these little beauties ever hopeful these contracts finally come to fruition!
Have a great weekend
MFU
Many thanks TT-another overview/update to look forward to.
Best MFU
Fabulous post Dip666. One to keep and re-present from time to time ?
Best MFU
DS ...I understand your frustration. If you are a genuine holder (and no reason to think not) then take reassurance from the likes of Hydrogen Paddy and Bamps and all the quality intel they bring. If were here in 2019 you will know this is a re-run ( down c 40% from the highs) I believe next year could be a stormer for us. This year is sitting tight and if you have a chance to top up then take it IMO. A few months ago I was beating myself up on what I could have done differently but now I just understand this is totally being played. It is easy for them as they know it is 6 weeks before news (exactly the same as last time and the time before)
I think it is fine to get frustration off your chest (I have done the same on occasion) but this repeated negativity is not healthy for you or this board.
PS Todays news is "non news" he has 11.5m options !!
GLA MFU
TT & all
Respect your views. I only detailed an outline because someone asked for ideas on strategy and I decided to go a tad further. Nothing about boasting at all . During a similar exercise in 2020 I was quite happy to declare that at the end of 2019 I was down on my SIPP by 6 figures. Disasters at EQT,UKOG,ANGS,VAST ALBA & a few others even GGP at the time was down 20% from my average. Thanks to GGP (and to a smaller degree EQT & EUA) that went from despair to elation over a 12 month period where my SIPP quadrupled! So I am very lucky and content, albeit somewhat dissatisfied at our current SP.
If the principle of a little diversity but some of the challenges during the lows helps even 1 person out there then I am happy.
GLA MFU
70% of invested funds in SIPP (1.54m shares) including 140k shares just half hour ago at 17.4p-glad kept some powder dry :) Did have a few more last month but panicked after the first SD recorded interview which I was not best pleased with and reduced back to around 1m but have now regained total confidence in SD following the last few interviews and would love to build back to 2m which is my aspirational target .
Have smaller medium to long term holdings (between 15k and 30k in each monetary) in SOLG, EQT EUA (all in profit) and HZM & more recently ROCK (in deficit) .When I first transferred from Pension DB to HL my ex boss suggested United Utilities and LLoyds. UU have done great less than 10k though.
Still keeping a six figure float in cash in my SIPP (past profits from GGP mainly) because I am still cautious by nature (I know when you look at the above it doesn't add up!) and is there in case of absolute bargains eg GGP heading in to 16s. I can only invest this way as very very fortunate to have been recommended GGP in 2018 by a very good mate and it has been life changing (obviously if we end up back at 2p then it won't be life changing any more LOL)
GLA MFU
Many thanks Wise, Sharehead & Nobby
I don't tend to get so involved in the telegram side of things (same in GGP) but will keep in touch via this board
Many thanks & best wishes
MFU
Morning
Have invested just before placing (lol) last week and again this morning so one balancing the other out a bit. As a reasonably long term (2018) Greatlander I have always been interested in Rockfire so hopefully my basic understanding of the potential here stands me in good stead. I appreciate the risk but a safe jurisdiction is a great starting point.
Reading up on the more recent RNS's and Posts here I appreciate the two main copper targets but can anyone briefly give me a basic heads up on Plateau (what it is /where is it) as I read earlier one of the guys saying it is near producing ?
GLA MFU
Hi WF & GGPT&T,
If a zero risk weighting at EV/ounce 769 oz (presumably this is the net value after costs) would they essentially be saying 58p would be target price based on 30% of a 12m oz resource ?
Best MFU
Hi Red
I have circa 100k shares in SolG so can answer that;
Taken from RNS dated 5th Feb 2021;
"With the extra work required, the publication of a PFS is not expected until late 2021. SolGold will update the market in due course on progress of the PFS. SolGold is confident that the additional time and work to complete a PFS on the scope of the entire Cascabel concession is in the Company's best interest and will result in the delivery of a PFS that has the benefit of the consideration of various upside potential and a broader range of production and development scenarios than is currently available."
The impact was the SP dropped initially but then went on to recover when the news was digested that it would lead (potentially) to a better economical approach to mining
The relationship to GGP is as Hydro alluded to we are on the brink of producing (all being well) a PFS in around 2 years which is quite astonishing. On the back of this for those with more than an ounce of patience SD has stated on several occasions that this will be a building block to (potentially ) significant increases in resources in the coming months
It is a painful period very akin to 2019 when we went from 2.5p on the JV news to 1.6/1.8p as the initial drilling took hold and was shrugged off by the market....until January 2020. I am no expert but I cling on to the belief that at some point this will return to value and probably when we all least expect
GLA MFU
Great posts Chester and JC
I agree with 15 results already due to spill out plus potentially half a dozen backing those up should see around 20/21 drills which will give a far better idea of volume progress
I am feeling quietly confident that we will soon break up from this seemingly endless range of 17-21p. Not sure if we will suddenly knock on the 30p door until next year but I would like to think we can return to the mid late 20s .Therefore whilst I am holding close to my highest levels I am keeping some powder dry to take advantage of any games in the next 2/3 weeks in between news
Best MFU