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What RNS? Think LSE might be messing up this morning, 2 companies in my watchlists have released 2 RNSs, but both companies seem to have released 2 of the same. I can only see 2 RNSs talking about employee warrants?
Thanks for your input, all! Good to get some perspective to learn from.
Not experienced enough to objectively assess how good this news is. Most holes found pretty crap intercepts, which I suppose was to be expected to a certain extent.
But hole 15 hit something pretty nice at around 8.3g/t over 1.5m at a depth of just 38m (from memory).
Not the greatest width but a good depth and nice grade, and surely a positive sign that there exists an extention to the mine nearby! Allows us to have a more accurate picture of where we need to put the next few holes.
Some very positive words in this RNS.
Thank god I got to read them and not listen to him say them though, as whenever he speaks I get the urge to jump off a bridge.
GLA!
Thank you very much mate!
I know nothing about manganese.
But if this is good I'm happy, haha.
Finally this dead stock might do something.
@Martel...
Open your eyes and think of something other than yourself and your paper losses.
Are you really calling a literal war between Russia and Ukraine 'a convenient excuse'? There are thousands of soldiers and innocent people dying, having their houses and lives destroyed by pointless Russian aggression, not to mention the geopolitical and economic consequences that relate to the war which has a serious, real effect on the Russia and its ability to do business. And add to that the ridiculously important relationship between precious metals and international trade (which Russia is suffering from atm) then there are numerous real reasons why this share is being steamrolled into the ground at the moment.
'A convenient excuse'... Jesus Christ...
Personally think all parties involved are involved in a concerted effort to postpone any progress (or at least reporting of progress) until there is some positive geopolitical action relating to the war.
Keep kicking the can down the road and once positive news comes from Russia / Ukraine then tactically release signals of progress and then drop that shiny RNS a month or so later.
I am aware you have to release news when you get the material information, but if you just keep saying '1 sec, just need to rewrite this sentence / check something with someone' then you can be at 99.9% of a formally agreed deal without having to suffer at the hands of father time and his random situational sons that follow him around.
The Queen did her job incredibly well for practically 70 years and absolutely deserves respect for that.
Just a shame that her job was an unnecessary position rooted in an incredibly dark history for the UK and a huge amount of the rest of the world. And also... Give me access to that wealth and privilege and I'd make sure to do a bloody good job as well.
That said, RIP regardless. My dog had to be put down on Tuesday and death is never a fun thing for anyone, or their families, regardless of where / how they were born.
Hole 4 looks to have a nice silver intercept! Not so excited about the others, but let's wait for the next set of results!
Brad said 3 times in Tuesday's webinar that they don't need cash, even before a 2 million payment made to them (I believe 1 month after official Stage 1 finish?)
There is no need for a fundraise. That's kind of the whole point of the JV.
Don't kill me! It's. A hypothetical for a science project! You wouldn't hit a guy with glasses, would ya?
Finally some speculation... On AIM no less! Good man.
Yeah I know the 650 AISC value but am trying to be ultra Conservative because if I get any bigger numbers in my calculations I might have a brain aneurism hahaha.
35moz... Would be nice... This share and OMI are the only things keeping my interest in my gold junior mining portfolio alive... But my god are they keeping it very much alive!
Yet another series of successful intercepts reported. Let's assume the unlikely and say we have finally hit the boundaries of Hav and it will get no bigger.
How many ounces do you estimate we have in the ground? With all these results over the past couple of years and an old MRE of 4.2m oz, surely we could reasonably be looking at 8-10 million ounces?
Holes reaching down 2km now so pretty expensive so let's assume an average AISC of 1100USD and a gold price of 1600USD, leaving 500USD profit per oz. Assuming 10m oz means 500*10 million = 5 billion USD. 30% of which goes to GGP so around 1.6 billion USD. 5x current MCAP.
Pretty incredible considering Conservative gold price estimates etc. Assuming my maths is correct which it probably isn't.
Didn't you also call everyone an idiot yesterday because the 150m intercept from surface grade wasn't above 25g/t?
Hardly one to listen to, are you?
Not sure where grades of 10g/t+ from PEP001 are coming from? Despite huge result at that hole.
But I am liking the reference made by Brad about the RNS to the 10g/t+ samples that had to be sent back to the lab to make sure they could wipe the stars out of their eyes!
Can't believe I was in here a week or so ago posting about whether I should break a personal rule and invest more in OMI... Ah well, glad to be in from what will in the future be considered 'the start' of this company!
Also might buy a couple of beans sometime tomorrow morning...
Why would they not release news of Phase 2 during trading hours? Really hope it does get released today or have a feeling the positive momentum will be damaged, as we all know if it's not RNSd before 6 then there will be no Phase 2 news during presentation.
Can someone cleverer than me try and estimate the true width of that absolutely huge intercept?
150m at 3g/t for PEP001 and then 35m at 0.56g/t for PEP002. It is my understanding that they were drilling the same target in both holes? And they mentioned that PEP001 intercepted at an oblique angle.
Regardless, this is a HUGE result.
Did you sell? A month after your post the share price basically doubled.