Member Info for rosso123

Lol. It's reassuring to have a CEO who knows how to build a successful Co.

Skip Pirate Pete. Loveable rogue off to prison soon for multiple fraud. Only Leni, Col and Andy left to choose from.

At the end of the storm, there's a golden sky

Never mind the mine. Get some characters in to get the sp up. Pete Landau, David Lenigas, Andrew Bell, Colin Bird. Star quality, take your pick from these colourful cobbers. £2 before you know it. Tinnies, barbies and sheilas all round.

SP decline is matching the mine's decline atm. Vertical progress, downwards. SD really needs to address this falling price and offer an indication as to the true value of this Co. Lassonde curve leads us to expect a strong tick up as FS approaches. Let's have some reassurance from the top that the present sp seriously undervalues the Company.

Fully funded now. What's the reason for SD coming back to do another talk/presentation?

4.7m shares swept up at over the ask price

I see that the shorts were very low cost to borrow. We don't know how many were actually being utilised. I suspect it's Sprott and Van Eck playing games. Depressing sentiment and encouraging pis to exit. Aided by the perceived effects of looming dilution. In the end it comes down to the factors of supply and demand. I expect to see sp moving from base 8 because the shares will become increasingly in short supply

Best presentation yet, imo. Gives a real feel of just how much of a monster Havieron is. On this alone, mcap of £1bn is going to be justified as mining gets underway within 18 months. The dilution becomes less significant due to the sheer value of the asset, giving an sp target of 20p. The upward part of the Lassonde curve should start to kick in now, with FS taking us into low double figures. Helped greatly by shorts ending. Not much comfort for those who bought big in the mid-20s and upwards, but a great opp now to average down. And all this is just for Havieron. Funding fully sorted. A powerhouse BoD. As for continued exploration, are they really going to through the next 18 months with no further significant finds elsewhere?

Nothing to do with fundamentals. When a stock has a high number of retail investors sitting on a valuable asset, the dark forces will be using whatever force it takes to dislodge them. The most proven method is to take the sp down. The process is the usual one of transferring value from the impatient poor (who consider 6 months to be a lth) to the patient already-wealthy. Most pis will give up and move on in search of the next green pasture.

Shell out for Rincon Resources and get Leni on board. Colourful character, bit of a maverick. Fine fellow, a tad misunderstood.

Fully funded to Hav production. Bit of truth-bending going on here. A bucketload of instant cash has been raised. You don't do this for it to sit around lying unused. In normal circumstances, you'd sort a debt/equity funding facility and draw down in tranches as and when needed over a period of time.

But that is not what has happened here. A mountain of cash is now suddenly available to spend. And that means they are going to use it, otherwise it is pointless for it just to be sat there. And that's why top notch M&A types have been brought in. Inorganic growth. Expand the tenements + grab a nearby junior. And don't forget Tasmania.

GGP is about to get a whole lot bigger.

Classic p&d move the other day for traders taking 25% gain.

But for it to go again, hmmm, no smoke without fire ...

What's being lined up, I wonder?

Ernest Giles/Scallywag/Rudall/Canning jvs
Tasmania asset sale or farm-out
T/O artemis and/or Antipa
Acquisition of further tenements in Paterson

Imo, something special has been kept off the pi radar whilst dropping the sp to get these newbies in at mates' rates.

All these new people aren't here just for Havieron. I wonder what else has been lined up?

9 floor and 15 ceiling. Will need a further important discovery outside Hav to get this up into the 20s. FS should see us to 12p imo. Pushing 6bn shares would mean a £720m mcap, and that's a tough ask pre-production

360m recently dished out takes it up to 4.6bn. another 200m for the new Ds. Another 400m for Wyloo at 8p, followed by another 350m (10p warrants).

If another 0.5bn get placed with these insiders for Paterson developments, that'll take shares in issue up to 6bn. All the time, P I Joe is being left out in the cold. SP sticking at around 12p-15p if you are the one accumulating millions sub that range. But how rosy is the future for a swathe of investors who came in with sp in the 20s?

"playing a key role in the development of the mineral-rich Paterson Province"

It's no longer just about Havieron, even tho eventually its value could well be touching £6bn (30% to GGP). These VIP new folk are in for the bigger Paterson picture. I suspect there's more data that we pis are not yet privy too that has convinced them to jump on the train as it leaves the station.

But the 17.4% is correct