Member Info for newlunar

Isn't 27000 tonnes about 12000 oz gold? So about £30 million?

Is it really worth digging up for a few million quid? Sounds like a lot of effort and I can't see that moving the share price much.
Melville Bay is looking much more interesting, there's literally billions worth of iron if they can tap into it.

Do we know how much graphite alba are sitting on? I read 200,000 tons at 20% which doesn't seem much. Or am I missing something?

Also iron is trading at 170 USD @ 62%. And they expect there's an additional 100-200mt of iron at Melville Bay. So your numbers are on the extreme conservative side IMHO. Add in a PE ratio of 15 and the share price is a bargain. Just a shame MB is a good few years off producing anything.

Don't they just use a magnet to get >62%?

The trouble is, no one is saying what 550m of extension could be worth...

100 million tests a year at £2.50 profit?What kind of PE is typical here 10? Wowzers!

You're insane or a deramper :) I bet the XTR share price doesnt go down 10-15% on each RNS.

I'm going to dabble trading on the peaks and dips. Trouble is I thought .37 was the bottom...

Does anyone care?

Don't forget then iron! There's a lot of it and it's currently selling at around $170 a tonne. I've no idea how practical it is to extract, but surely it's worth billions even if we do only own half of it.

Haha very funny. People need to stop setting expectations based on thin air guesses, it only winds yourself and everyone up when they don't materialise.

Last RNS said end of Q1 for results.

Oh no, now she's red. Those RNSs are rubbish GF needs to tell us right now what is happening with that pilot plant. Or else.

Hey we're blue now, it's almost as if the MMs like to change the share price for no good reason other than to generate trades...

This won't happen if you read the RNS.

"Processing of the bulk sample at the Company's pilot processing plant is expected to be ongoing throughout much of Q1 2021. The Company does not expect to be in a position to release results until all processing has been completed and the results have been verified.'

I hope you have emailed them, as I don't think Alba will respond on here.

Weeks? Just to set your expectations:

"Processing of the bulk sample at the Company's pilot processing plant is expected to be ongoing throughout much of Q1 2021. The Company does not expect to be in a position to release results until all processing has been completed and the results have been verified.'

GF does quite a few "interviews" on vox markets podcasts. Maybe we can send them the questions to put to him next time he's on.

Better yet, a monthly Q&A session that some companies do would be great.

At 1.5 tonnes an hour, they can get through that 36 tonnes in 1.5 days.
Add half a day to write up the report we can have the results Wednesday morning.

Can't wait for everyone asking where the next results are for the next few weeks...

St Toupee only visits us when the price goes up 15%+. He's been busy ramping PAT. But I expect he'll be quiet as they're taking a thumping the last couple of days.

The RNS mentions a recovery rate of 78%. So does that mean 22% of the gold gets lost? :(