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Isn't the deadline for HMRC 31st January?

Don't be ridiculous. It's not 5% of US$500m. The Havieron resource is worth £3 - 4 Billion, so 5% is £150 - 200M.

The interesting thing is that the GGP share price hardly moved for a year following the JV with NCM. But the market cap was around £64M after pulling out bonanza gold intercepts at Havieron, not 1.5g/t.

That was the best interview to date, by far. He looked very relaxed and confident.

We need to locate one of those underground mushrooms??.

The potential here is enormous.

Steveiom, what cash burn are you referring to. The actual cash outlay for acquiring Munni Munni is minimal and most of the Hanc0ck drilling has been low cost. Obviously diamond drilling is more expensive, but the overall cash used is nothing like people imagine here. We have over £6 million currently and an iron ore deal is on its way. All equities are getting hammered right now, but those linked to global GDP will be the hardest hit. It has nothing to do with UFO specifically.

The good thing about all this is that it shakes off a good number of short term traders, so paves the way for solid and steady gains in the following months based on progress.

This kind of publicity from Shares Magazine we don't need. Now principally in Australia, not Mexico. Also, it's not surprising the SP is where it is if people don't understand that the iron ore is the main and current focus. Developing the Munni Munni complex and EH silver is a longer term project.

Scrape it off and ship it out.

More likely to be an offtake agreement or buyout. A JV is probably the least likely.

smiller, that's not how the business deals work. You can't just wait and hope an opportunity is still available in another year. When an opportunity presents itself you grab it.

944Turbo, so you don't have confidence in the CEO's ability to prove up the deposit and extract value from it. Why are you here then?

Has anyone thought about the value of the metals in the ground at Munni Munni deposit? Which ever way you look at it, it's off the scale.

The share price right now makes absolutely no sense. But when markets are nervous people sell everything regardless. As soon as overall sentiment returns Alien's SP will go through the roof.

I think you've been possessed.

The amount of drilling we are doing this time, and in that heat, is starting to make me laugh. I think Bill is going for 50Mt.

Rocketing demand...
https://www.mining.com/dalian-iron-ore-price-up-on-restocking-demand/

Metal, the first hole included higher grade sections lower down. Even so, at this point it doesn't tell us much except that it is the upper layer of the porphyry, but the chalcopyrite veining was getting better in subsequent drill holes with closer veining and more interstitial chalcopyrite. In any case, its way to early to know if Copperhead will ever be mined or not. As far as the theory that drilling has been dropped due to the results from only the first hole is nonsense. Waiting to see all drill results before further drilling is the approach all prudent explorers use, even when they have a high conviction that higher grades will be found. I think the diagram of a typical porphyry structure was provided to help people without geological knowledge to understand what they are targeting, but I think David Price genuinely believes there are higher grade zones to be found. He understands the nature of the upper layers of a porphyry deposit and has had a second opinion on that too. These five holes were a necessary requirement to verify and qualify the historic and incomplete drilling. They stopped because they need to get a clear picture of the mineralisation to verify its geology and orientation, etc. This is standard stuff with a new exploration target. If you are aware of the history of Havieron for example, Greatland Gold only sunk 4 holes in the first campaign and waited for all results before designing the second campaign.

StrummerJones, from your response I can see exactly what type your. You think with your fists. Case in point.