Member Info for RitchieG01

it would be good if they put out the RNS 2/3 days before and let everyone absorb it, would make for a very interesting science day. Surely the big investos would be crawling over themselves to get a piece of the action?

It could have been what Biden said about Big Pharmas in his state of the union speech ?
Pretty damning of big pharmas and a few restrictions heading their way, which if it is implemented will affect the market value of most drugs they supply

Welshfalcon absolutely nails it with this. Nice one WF.
If i could BOLD font the first 15 words i would because to me thats all there is to it.

'Both sides should be able to agree what is there from the actual drill results. The valuation will differ due to differing assumptions of what the future growth will be, what price of gold/copper etc. to use, what the profitability will be (AISC). There are many factors that will cause two different values'.

A lot of people were expecting the MRE to be included in last nights report. These people now appear to be disappointed it wasn’t and are concocting many wild and different theories, some even contradictory, however is it not/was it not, just a case that the MRE will be issued completely separately as a stand alone report/RNS?
This would they focus solely on Havieron as opposed to be caught in the mix with all of NCMs other business.
Whilst it may be disappointing to not have an update, surely an MRE dropping in the next week or so (Before the end of February) would be more beneficial to NCM and that in turn would be significant for GGP.
Is this just a case of a very small bit of pain in this very small time window, against the gain that an MRE, which could include drilling up to the end of 2021, would bring.
I for one would be more in favour of this approach, obviously as long as it does happen this way.

Mine too

Hey Zoros, not sure anyone could get fed up seeing this.
Thank you for keeping it updated and posting it, please keep it going.

Surely there comes a time, (when the true amount of tons to be mined is known), that it would be cheaper in the long run to build a plant works at Havieron ?
Or is there never likely to be a case where Cost of shipping to Telfour works out more expensive that building a plant at Havieron?

Thanks Paddy, genuinely appreciated by those of us that are fully bought in but unfortunately don’t have the technical nous to contribute much here.

Almost tempted to ‘unblock’ this Dave dude to see what all the fuss is about, is it worth it?

Guys just ignore this ****** .. it will eventually go away if no one replies .. he is talking sheeite anyway so leave him to wallow in it !

I'm with Jet, its hard not to tease him.
It is genuinely laugh out loud funny, no one takes a blind bit of notice of what he says but it does lighten up a Monday morning.
Especially the gold has no use comment.
We should make the most of it, schools go back on 8th March and these kids will have to go back then.

SilverHorse, where the F*ck do you get 14p from?
Enlighten us with the reasoning behind it?
You must have a good set of facts/criteria/workings out to get that price.
Please share so that we can see you logic, I would be really interested to see it.

Feel sorry for those that were paying 37p only 6 weeks ago. Someone on this bb over the weekend said the SP didn't matter! (topped up myself at 25p and 23p....should have waited lol)

That will be me then.
In my SIPP I Bought 824,192 shares for £268,662 with an average around 32.5, so down £87,340 for ~32% loss.
Yes its annoying, but I haven't actually lost anything yet.
I am still happy with my purchase as I am looking at this for the 3/4 year period when I am hoping to retire and draw down on my SIPP.
I am expecting many multiples of the current SP by then, so whilst my timing was **** poor I am MORE THAN comfortable with the reasons for buying in now.
I look at the fundamentals and they haven't changed, with the probability they will get better over the coming months/years.
The SP today is almost irrelevant, what is more relevant is what the SP will be in 3/4 years time, unless of course you are a trader or looking for a short term gain.
I am an INVESTOR, not a trader so comfortable with things as they are because the FUNDAMENTALS HAVE NOT CHANGED.

‘If it stays here i may drop the whole 2021 ISA on it’

Blue that’s the dichotomy now; as a newbie here, albeit with a largish holding, and as much as this circa £50k drop is slightly irritating looking at the long term in 2/3 years time I would be so much better off if the price stays here until I could also drop all of my 2021 ISA in, although I’m probably going to do it regardless of the price in April as I still expect to see many multiples when I’m looking to retire in 2years 10 months, not that I’m counting:)

Are we looking at something like this next? Also are the time scales likely to be similar? I.e. circa 2 months?
Would be really exciting if the do a similar video or a series of still photos over a period of time.

www.youtube.com/watch?v=eHWHwt3kt3Y

Are we looking at something like this next? Also are the time scales likely to be similar? I.e. circa 2 months?
Would be really exciting if the do a similar video or a series of still photos over a period of time.

www.youtube.com/watch?v=eHWHwt3kt3Y

At 1.45pm the price was around 23.25p, yet the RNS states 22.40p.
Looks like he was very lucky and managed to get in just about at the lowest price he could.
Regardless, awesome job. Just goes to show how much confidence he has in this.

does anybody know or can work out through L2 exactly what time he bought?

Thanks Bamps, really appreciate that.

Hi Bamps, another fantastic bit of research to go into the notebook. A further question on the scally drills. Are they likely to go back to the same holes and drill deeper and if they do does the drill effectively start from where the previous one finished with the diamond drill (presumably) or is it not as simple as that?

Bamps, thanks again this is such a good precise.
I have done the same as others and printed this out to keep as a guide along with everything else i have printed.
I like to see things printed out, overlayed, written notes etc

For those like me that need visual media to help understand, the GGP website is very good, in particular this map will help with what Bamps has just written.

https://greatlandgold.com/wp-content/uploads/2017/06/PatMagTen_05-08-20.jpg