Member Info for napthman1

Its just trading, the world has printed to much cash already, the fundamentals are there there will always be traders and lth, its just part of it. I dont understand why people are spooked by todays fall, it will return to mew highs both gold and silver

Trafalgar Trading Fund Just invested ?

And is that 11k it or are there more

All depends where the price of gold is once mining stars or even end of year for mre https://www.dailymail.co.uk/money/markets/article-8612747/The-coronovirus-gold-rush-Londons-precious-metals-miners-soar.html

Id take 10% a day , .35 sounds good to me :)

So what kind of day are we predicting? .35 ginish .4 or higher? :)

3p risked and was 4.7 mil and unrisked 25-28 p from memory, so 5-6p per mil :)

Hard times world wide, maybe they havebt been taking a salary

As outlined in the Agreement, the Company has the ability to acquire a 100% interest in tenement M47/342 (covering 3.63km2), which encompasses the Elizabeth Hill Silver Project for consideration of 200,000,000 Common shares (“Shares”) and 50,000,000 warrants in Alien Metals, which KMG will distribute to its shareholders (“Distribution”). The Shares would be deemed to be issued at a price of £0.0014 each, and each warrant would entitle the holder to purchase one share at a price of £0.0025 for 18 months from the date of allotment of the Shares.

Completion of the transaction is conditional upon, amongst other things, satisfactory mutual due diligence, and obtaining all required third party approvals (including under the Mining Act (WA) and from KMG’s shareholders for the Distribution) and is expect to occur in first quarter 2020. Pursuant to the Agreement, Alien will enter into a royalty agreement with a third party under which the third party will be entitled to a royalty of 2% from all net smelter revenue from the Elizabeth Hill Silver Project.

Under the terms of the Agreement, Alien will as soon as reasonably practicable and by no later than 6 December 2019, and at its costs obtain a legal opinion on the Project.

a) Upon obtaining the legal opinion and at its sole election, Alien will lend KMG up to A$120,000 on the following terms and conditions (“Loan”):

b) the Loan is limited recourse and only repayable in the event the Seller breaches its obligations under the agreement or the Seller’s shareholders do not approve the Distribution;

c) the Loan accrues interest at 1% per month;

d) proceeds may only be used to perform the Seller’s obligations under this agreement (including using reasonable endeavours to satisfy the Conditions).

Daniel Smith is the sole director and shareholder of Kingmaker Metals Pty Ltd (“Kingmaker”). Kingmaker holds approximately 22% of the issued share capital of KMG. In the event the transaction completes and KMG undertakes the Distribution, Kingmaker will hold approximately 2.5% of the issued share capital of the Company.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

Haha i like it :) what do u think MM’s filling orders now pushing sp down???

I wonder is more of the GGP investors would be interested in this?

And it drops. This is gona fly. Could this be the next GGP, looking good so far

Fingers crossed hey

I guess a lot of those 8am ish sells were actually buys, something big brewing :)

No catch they are fully funded which put them in a better position for blyvor, gold rising, couple of projects to Move forward, whats not to like

Come on .3

Increase on director ownership, only a good thing and sold some to pay for his tax i guess

Yes it has never made sense to me when people say this will 10 bag and top slice. They have surely just lost money, id only say top slice if you're thinking its very risky, and if youre wrong at least you habe some shares still

So the gold has already in essence been sold at an agreed premium?

Just in time first production and if you add the 30% uplift for scotgold? Boom ££££$$$$$