warrants10 Jul 2021 11:55
per rns the rights issue last year the warrant holder can purchase shares at a price of 25.5p upto the date of 7th December 2022.
I have watched programmes where large companies want to buy miners undeveloped for as cheap as they can. ie from 10dollars announce to 30dollars an announce. depending on the companies balance sheet they can say yes or no.
I think its all guess work on our behalfs but think if ggp with a resource estimate of 3.4m ounces can be valued at betweeen £700m to £1.5bm then we should be at least similar value if as Brad thinks we have between 10 to 30 million ounces. Talk of a million ounces here is rediculous as we have 7 areas. Brad says one hole could have as much as 100,000 ounces in there.
Also we have to take into consideration of the silver zinc and copper here and also that this site could take many many years to mine and also the fact the the gold price in 3 to 5 years time could be 3,000 to 5,000 dollars an ounce and by then the miners will be in a bubble.
Info only my take only.