Member Info for Pauledmonds1970

Who cares if there is a placing, if it takes us up to the gold Income coming in ( anything from £500k - £1.2m per month ) it will have a negligible effect. Even if there was to be one now, it would probably be at the reduced rate we already have this morning.

Sorry, I should have added per annum.

Looks entirely possible for Mega Resources to make £200 million clear profit, that’s £20m income for ORCP which is massive … no more raises and gives them the funds to progress all other projects. Need more results and mining licence. GLA

Just a few snippets from Stock Maiden back in September

The share has massive potential with their International assets. It's no doubt we are undervalued, but it feels like the share price is constantly being suppressed.

200 holes to be drilled and fully funded

Yes, no major would fund a campaign without seeing profits in return.

MEGA must have assessed the data and confirmed there is commercialisation here.

At the end of the day, it's business. 200 holes to be drilled

Just to put into perspective from looking at a few other mining stocks and their market cap, ours should be higher by at least 5 folds (conservative) for the deal we have plus other projects in the making.

GGP £2.38b

SOLG £451.37m

EUA £90.02m

KOD £59.83m

PREM £19.94m

Imho and dyor

Share price in real terms dropped 7% not 22% as indicated here due to the UT trade at the end of the previous days trading.

Https://x.com/oraclepowerplc/status/1992999045053518071?s=46&t=SdJddzG8qbDv472g1VvMJw

Willow and Ginger sound like they’re the same person.

Https://uk.investing.com/news/company-news/wishbone-gold-reports-3km-gold-mineralisation-strike-at-red-setter-93CH-4369317

‘ The Red Setter project’s geological structure has been interpreted as analogous to the Telfer Dome copper-gold system, one of Australia’s largest gold mines, which operates with an average gold grade of 0.5g/t.

Quick calculation for 5 million tons of ore per annum at 0.5g gold per tonne looks to give an estimated net profit of £100m

Can someone just check those figures 😅 it’s been a long day.

How much ore can be processed by an open pit mine per annum?

Https://x.com/davidlenigas/status/1986676826383540635?s=46&t=SdJddzG8qbDv472g1VvMJw

My take after reading GH posting history is that he was once a holder here and fairly positive about it. Then for some reason he sold to invest elsewhere in a diverse portfolio, of which most came to nothing… for example UOG. Now he can’t stand the thought of this actually going somewhere, and as he only posts about ORCP it would also seem he no longer has any investments. Could be completely wrong but that’s how I see it. Time for GH to do something better with life!!

Fingers burnt, now bitter!!!

Now .55

Or part of the 20%

Wouldn’t keeping the 20% and taking the ongoing income be more beneficial for us?

Https://www.proactiveinvestors.co.uk/companies/news/1061439/riversgold-hits-more-high-grade-gold-including-8-metres-at-4-86-g-t-at-northern-zone-1061439.html#

True, but in my mind you do it once and then move on. Maybe that’s just me.

Those posters are invested Beaub, you are not!!

I understand that GH, but to keep relentlessly posting making the same points everyday is very odd.