Member Info for PortfolioPower

I told my misses that she reminded me of a geologist......

"Why's that she said"

-

Because hunni, you're always digging up the past :-)))

🤣🤣

The company should really have got that RNS out yesterday

Some knew before others that this was about to land.

guy robertson, executive director, commented:

"this is a further significant step on the pathway to production for the han**** project. the company has made significant progress and is now in discussion with various parties regarding the required development funding. the technical team is currently focused on mining proposal submission and environmental assessment. it continues to assess strategies for increasing the existing resources and reserves which is expected to significantly increase the value of the project. in addition, the company will proceed with necessary heritage clearances

Sounds like there is further resource upgrade potential from the middle of the ore body where there has been to date less focus on resource expansion drilling and modelling.

Paul Johson and Gervaise Heddle getting the old GGP band back together here now.

I wonder who else from the old GGP crew might also be looking to get involved.?

Might we see Calum Baxter or Sam Garrett get involved also.

Great to see the original Greatland Gold crew getting back together again here

GLA

40m buy on Monday 8th April

2 x 20m sells today

Nice trade.

1.3 Million oz Gold @ Blyvoor Gold project

Plus.

The Imwelo Gold Project

Imwelo, located adjacent to Imweru and also holds the relevant environmental approvals and mining licence for Imwelo.

· The current, JORC code compliant, mineral resource for Imweru and Imwelo consists of:

11.6 Mt at a grade of 1.38 g/t for 515,110 oz Au and 4.7 Mt at 1.92 g/t for 291,600 oz Au respectively and probable reserve for Imwelo consists of 1.4 Mt at 2.2 g/t for 97,394 oz Au.

BLYVOOR GOLD TAILINGS PROJECT - Highlights

· Total project resource size of 1,410,000 oz gold consisting 500,000 oz gold in the measured category (35.5%), 368,000 oz gold in the indicated category (26.1%), and 542,000 oz gold in the inferred category

· TSF 6 and 7 was upgraded to Probable Reserve status containing 424,000 oz gold and 392,000 oz gold, respectively

· The mine plan includes 1,325,822 oz gold after applying a 2% dilution factor, a 95% Mine Call Factor, and accounting for 1% ore losses.

· The CPR demonstrates (before incorporation of the results of the recent metallurgical optimization work):

An unlevered Project Net Present Value ('NPV@7.9%') of US$ 114 million, a 33% Internal Rate of Return ('IRR') and a Return on Investment ('ROI') of 64%;

Thanks for sharing Napth.

Max - I'd personally like to see a new drill program at EH announcement together with a JV.

GLA

Yes it has Tro

Looks like GSCU style opportunity when that temporarily dipped to 0.85 and a certain well known resource investor got involved.

> GGP's Gervais Heddle loading up.✔️

> New CEO incoming... hmm wonder who that might be ✔️

> Connection to POW with Rick Rule and Saudi Investors involved ✔️

> Market cap now covered by cash £825k, plus Asset NAV's at many multiples, even before consideration of the Lake Victoria cash of 790k.✔️

> placing out the way ✔️

> Gold hitting all time highs ✔️

> Commodities supercycle on the way ✔️

Very compelling investment opportunity whilst SP is temporarily trading well below 'sum of parts valuation'

Fair value at multiples of present SP.

GLA

Just a strange situation here.

Keeps climbing back up on thin volumes, basically no sellers around atm so that's probably why

Still getting the big ramp :-)))

Big SP swing intra day on news mining licence award could be about to be RNS'd

SP pulling back and delayed trades from yesterday now showing

Guessing the BB might be a bit tense if the drop continues.

Often see it swing from emotional outbursts to wild exuberance.

Personally in the wider markets I'm waiting to see if it all kicks off in the middle east.

If it does and Markets tank, then "buy the sound of gun fire" is usually the thing to do, Especially for Gold but whether its buy immediately for wider stocks would remain to be seen.

Yeah, tend to agree, sometimes the pre placing move can be a powerful high risk trade.

Posters were screaming for a placing over on CMET and now its started rising, the traders are ploughing in. They even have a He1/TUN thread... lol.

Just not sure KEN has the Volume or fans atm based on historical data.

BTW.. CMET was another Earl stock pick that he ramped on the lows, then bailed after a week of zero movement......and now he has missed the rise.

Featured on the midweek Roast today.

https://audioboom.com/posts/8490717-midweek-takeaway-with-martyn-churchouse-geologist-from-kendrick-resources-and-charles-archer-lo

Think you were in here also Tro?

Are you back in Tro?

Or just keeping a watching brief as noticed you still on the BB and the SP ticked back up a little.

Difficult to fathom what's going on atm.

Yeah I was actually in here previously a couple of years ago and mentioned if on here when oil and gas prices were on a tear at that time and they were drilling into their Serenity field.

I do like the sweet spot of a producer generating sufficient free cash flow from existing operations that can fund from that cash the 'blue sky upside" of a juicy exploration drill prospect to attract all the traders without the risk of a placing

That why I'm still kicking myself about not picking up a few ZPHR shares when it was 2p :-((