Member Info for Redtrader

AIM is driven by news. Lots of news will be dropping over the coming weeks. The fear of missing out will make lots of those watching on the side lines commit. Personally the news can be good, bad of indifferent. Nothing will stop then mining the gold so the SP is going to rise.

What does that tell you?
A tunnel 5 x 6 m x 3.5 Km long. Push through approvals already for the full mine even thought they have no FS for the full mine. They want the gold now not in 5 years.

I am feeling we will see 25p by the end of next week. So much news will be dropping over the next few weeks that the FOMO will start kicking in.

Interesting to see how it starts tomorrow.

Will we get any UT's

Fear the may miss a ramp up in the morning.

All I knew
This morning when I woke
Is I know something now
Know something now I didn't before
....
All I know since yesterday
Is everything has changed

Guess your not feeling it.

Many have a limit set waiting to buy as low as they can.
Many refusing to sell cheap.
Will any buyers step in before tomorrows ramp up as sellers are drying up.

yep,

Waiting for the kettle to boil.

They need the assays and numbers so they can sign off the reports. Their behavior and actions shows they also believe it is in the bag.

I am 99.999% certain the PFS will go ahead. I am 99% certain the FS will go ahead. The reason is the behavior of Sandeep and Shaun. Sandeep, every drill hits gold. Now Shaun talking about growth, getting institutional investors on board. I find it hard to believe he would start getting investors excited if he had doubts about the FS.

It is just a waiting game.

Shaun has stated they will be moving from AIM to LSE. He is putting the governance in place to do so. It is part of the strategy to get institutional investors.

Lowest is British Land at £4.6 billion.
BLND BRITISH LAND CO PLC ORD 25P GBX 4,679.96 501.40 -3.60 -0.71%

SP will be 30p end of July.
From now on we will start seeing more and more news. We also know that the PFS and FS are done and dusted. We will become a miner.

The fire is lit. Need do nothing and it will be worth a £1 within a year.

Strategy, make a profit..
What other strategy are you thinking of.

The ore is also passed through a local concentrator prior to transport. May be to get rid of dust. Looking at 10/20% dust removed. Means we could be extracting 2.4 million tons of ore.

GGP will have to pay the full cost for mining. Like all mine operators. Even so %50 profit. We could be earning $150 million profit per annum. As the company is growing then a PE of 20, gives us a market cap of 3 billion. 75p a share,

Why do you think they are digging a 5 x 6m wide tunnel 3.5 Km long?

They plan is to extract 2 million tons of ore from this ore body a 5g a ton. We may find it is radio active then all bets will be off.

30% to us.
Expected income over $200 million. We will be mining and a miner within the next 12 months.