Member Info for Punter64

There was an interview with Ross a while back in which he wasn't exactly exuding faith in MC to get this project over the line and up and running. Harsh maybe but the longer this drags on and on and on with little meaningful headway more questions will be asked as to whether he is up to it. Lovely bloke but he does lack experience of building a mine which could make or break the company. Jim clearly has faith but not everyone is convinced.

Yes, Betts needs to do much more to explain why the AISC is so high rather than simply glossing over it at usual. The man needs to improve quickly or go. No doubt the family business is doing swimmingly....

Shame the latest drill results were added to this RNS as they could have been released on their own. SE is starting to look exceptional - good results have been released in December but the ones today are great with 42 metres at 4.07g/t and 33m at 3.4g/t. Those are long intercepts at high grade and will add significant ounces to the resource.

let us hope that Ross Beaty doesn't continue selling. Only a small drop so far today but it could be tin hat time again he if does.

Elgor, I already hold some SHED (REIT). SHED and CHS were Motley Fool tips which after researching I bought into.

Thanks elgor, will do.

Anyone interested in a 5% divi and possible sp growth might be interested in CSH which does social housing (rents paid by the government). RNS today confirms that they are totally unaffected by covid, so looks pretty solid in these tricky times. I have put in £30 k rather than having it sat in the bank earning nought. DYOR

Good solid update to day. Business totally unaffected by covid and the 5.4% divi set to be increased in line with inflation. Very safe bet IMO and a good way to earn 5% interest on your money as opposed to nothing in the bank. I have stuck another £20k in here today.

Suddenly moved up again to a new day high.

Good to see the ask move back up. Will those who thought they were clever selling this morning get left high and dry? Momentum building here.

I still think Jim Mellon could be accumulating more stock at these bargain prices. He did say recently that he would be buying more.

cambells, I like your style. I prefer Fenerbache's £23 however.

yes, the current sp is way too low in view of the current gold price and the fact we have over 2 million oz proven up and the strong likelihood of a 5 million oz+ district play.

Patryk you need to remember a lot more shares are now in issue and it is better to look at market capitalisation rather than sp. I agree however that £1.50 would be cheap, hence I am looking for £2.

JT we don't know the reason for the rise. CNR was tipped as a prospective takeover target in Switzerland and possibly Germany we might explain the interest today.

pdp100, good find. Nice to see people realising we are a prime takeover target even though the LTHs here have known it for years.

1.2 million according to ii. Not sure how accurate that is.

We will soon be 'shovel ready', but who will own the shovel when it breaks the ground?

Certainly feels like something bigger than drilling (which have usually been ignored by the market in recent years) but it could be anything really. Hopefully it is something substantial.

haha yeah