Member Info for ocelot

In ocelot's case, it's the figures, they stack up.

They are very confident of finding gold.

In the BBC article, GF spoke of the "high possibility" of finding gold.

He doesn't want to be accused of misleading shareholders, so couldn't say "probability", "high possibility" being the nearest alternative.

Long way to go yet, the market has only recently begun to listen to what they have been saying and are doing.

The 4.75p figure is Saltfleetby + net assets at 31/03/20.

No. of issued shares: 715.158m

Market cap at 0.725p: £5.18m

1) Net assets at 31/03/20: £11.116m or 1.55p per share

2) NPV (10) of CPR's mid-case forecast at 01/01/20 (£25.2m) less 9.1%: £22.91m or 3.20p per share

1) + 2) = £34.026m or 4.75p per share.

Amitsoq: await results of ProGraphite's testwork (RNS of 19/02);

Melville Bay iron ore: detailed conceptual study in progress (RNS of 28/08);

Thule black sands: process development programme announced today.

The last we heard about the pipeline was in the conference call: I understood work was to start on Monday of this week.

Do you know, gkb47?

Don't know.

They are showing proof of dynamism - was impressed by the speed with which they chose to raise £1.3m in their last placing.

"We are delighted to be partnering again with leading mineral sands experts IHC Robbins on this important process development programme for our high-grade TBS ilmenite deposit in Greenland."

"This programme will enable us both to confirm the design of the processing facilities for TBS ilmenite and to provide us with the end product that we can send directly to key potential customers and offtake partners for their own confirmatory analyses. This programme is therefore a key step in the process of confirming TBS as a stand-alone development project in its own right and securing the project-level capital to fast-track TBS through the development phase."

"As previously announced, we also plan to substantially increase Resource tonnes next year by drilling at depth - remembering that the existing, already significant, 19 million tonne Resource is only modelled to the depth of the permafrost horizon, typically 1-2 metres from surface."

10 new anomalies found exploring 9kms, 1 being 4x larger than that over Clogau.

16-21kms remain to be explored.

George and the Welsh Dragon!

Just watched it again: that is a very upbeat video!

As I understand it, visible gold was left in place in the part of the mine which is now under water.

They should have started work on the pipeline, so there might be some news on that.

There's a snippet in the Times today entitled: "Comeback for Swampy"

The veteran eco-warrior known as Swampy is staging a sit-in against HS2 after a "quiet ten years". Since last Thursday Daniel Hooper, 47, has been occupying a tree in Jones' Hill Wood, Aylesbury ... He first hit the headlines in 1996 when he spent a week in a tunnel to stop the A30 dual carriageway in Devon.

chunky trades: 191.1m across 105 trades = average trade size approaching 2m.

45.7m+ at 0.164p at 13:36.

It wasn't mine!

Why are people who express an opinion, even if it is nonsense, filtered?
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Because people have other things to do with their time than read nonsense, I imagine.

Failed to break through into the 0.60s this last time.

Am fully expecting it to do so. Predominantly blue skies over 0.70p.