Member Info for redleader1

Do we sell on 29th news hoping NC give us a real idea of what lies beneath.
.wait for T/O by NC (which I think GH will sell our 30% to fund scalley later on.100% owned by us) possibly by sept this year.
or wait for scalley news ( in August if lucky) to add into the combination of hav resource estimate and poss T/O to add weight to the strong SP.
im all 6's and 7's.

29,166.67 x 655,000= 19,104,168,850 oz …... hmmm that's 19.1 trillion oz EHHHHH

I got a resource of 655,000 tones and 29,000 oz per per tonne so . trillion + oz right?

Do you think that on the 29th April Quartile results it will be stated what the resource is likely to be. im trying to judge if its better to wait for MRE or trade out on the good news spike.or...or will one have to wait for t/o of have by NC and hope this brings a better price. i have not had a lot of experience being in this amazing position.

Funny how DAME Esther Louise Rantzen DBE has kept quiet re Capt Tom Moore amazing feat. What a massive amount of money. I don't think any individual comes to mind, who has come even close to his achievement...Mind you, She did also keep her opinions to herself about That Necrophiliac SIR Jimmy Saville's M.O.

I worked it out to be 4.00pm on the 29th earliest as Melbourn is + 9 hrs I see it. So 1st thing on opening UK AIM. Be nice to see the start of the boom just before close on the 29th.ATB Red

Then...………………………………………...LIFT OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOF

well....looks like the news of NC Qrtly is starting to sink in.By next week we could be over 10p.Roll on 29th.

are you saying this could go to £6.00?

sorry revised working out. should be ok now.
Ok so lets say we we will have a conservative lift off sp of around 8p before news.
I will do my workings on high grade and low grade. High grade is $250 and low grade is $200 in ground. These two figures are very conservative. GGP grades are MED at least.
So,for ex based on 15 mill oz resource.
15 mill oz X 250 HG = 3.0bill
30% of 3.0 bill = 900mill
900 mill / 4,206 mill shares (everything included)
=value of $0.178
$0.178/ GBP EX Rate as of 01.04.20 £1.24 to the USD
= £0.014354 pence value = £0.21 pence
Therefor:
High grade
10 mill oz =14.4p
20 mill oz = 28.8p
25 mill oz =31.65p
30 mill oz =34.512p
Low grade
10 mill oz= 11.5p
15 mill oz= 17.25p
20 mill oz = 23p
25 mill oz =28p
30 mill oz =33.75p
Bear in mind this is just for the 30% we own. I believe we will have just under a 30mill oz high grade resource. GGP will want to sell HAV and hit scaly a.s.a.p. GOODLUCK ALL stay safe Red.

That's our 30% of HAV

I totally concur and also with the influence of hard buying will make the sp spike . I was in solg when it spike to just under 90p from 5p back in 2006 . unfortunately I didn't trade out till the retrace and still got a happy 52p per share.

Ok so lets say we we will have a conservative lift off sp of around 8p before news.
I will do my workings on high grade and low grade. High grade is $250 and low grade is $200 in ground. These two figures are very conservative. GGP grades are MED at least.
So,for ex based on 15 mill oz resource.
15 mill oz X 250 HG = 3.0bill
30% of 3.0 bill = 900mill
900 mill / 4,206 mill shares (everything included)
=value of $0.21398
$0.21398 / GBP EX Rate as of 01.04.20 £1.24
= £0.21570 pence value
Therefor:
High grade
10 mill oz =14.4p
20 mill oz = 28.8p
25 mill oz =31.65p
30 mill oz =34.512p
Low grade
10 mill oz= 11.5p
15 mill oz= 17.25p
20 mill oz = 23p
25 mill oz =28p
30 mill oz =33.75p
Bear in mind this is just for the 30% we own. I believe we will have just under a 30mill oz high grade resource. GGP will want to sell HAV and hit scaly a.s.a.p. GOODLUCK ALL stay safe Red.

Re your last post ,don't forget that gold is going up and in 6 months I'm sure to say it will be over 2000

I think we need to find a similar scenario so as to base our sp predictions.

Thsnks

Can someone please verify when next NCM results will be available, is it the 29th or 30th? Many thanks

And please explain why we "aint" getting 20p - 30p.

If you are in GGP don't sell.why would anyone want to offload at this point.

NC still working on HAV as usual .