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Sure the SP inevitably will be multiples of what it is currently.
Cash in the bank to complete programs and prove to the market. JV with a firm the board has connections to, Rio Tinto is not impossible in the very near future.
I believe gold prices will increase, and will stay high for some time to come.
A discovery bigger and better will take more time to prove. We're main market listed, not AIM which gives investors that extra confidence too.
Agree every time I've seen this, we get a post trading RNS/ next morning. With the confirmation of news we're all anticipating.
I'm suspicious that the news will be a lot better than many anticipate. Don't rule out a RNS before close either.
2016, long time for me anyway. And it'll remain that way, but I really do wonder how much the company would benefit from a name change? We're a multiple resource exploration company. Definitely a lot more to us than Iron.
Average cost currently to pull the gold out the ground in Australia
Current Price of gold 1,350 per ounce.
in ounces 650
Let's say it cost more and the value of gold decreases for a conservative figure.
1300-700. Will leave us with 600 per ounce.
126,000,000 (Very conservative.)
All my calculations converted to pounds, I do believe there's more gold in the viens due to the anomalies and typical metal/ minerals found near gold. Don't forget these have value and are in abundance too (Notably Fe, PB)
The BBC are on to us, confidence is growing amongst holders. We've had a lot of people short term investing here realise just how big hemo can be, thus switching to remain invested for the long haul.
What we have here will be undisputed IMO. Sure, the SP will be multiples of the current SP in the not too distant future. But do not underestimate how many lives Hemo saves now and in the years to come! RIO will also be rewarding.
I can't emphasis how important it is to have a look at what's going on in here. Takes a very confident person to get friends and family to also invest.
Don't underestimate some chartist on the sidelines looking for buy in signals, a few on the sidelines wait for these so we could see some buying pressure tomorrow morning, but make no mistake we are destined to an SP multiples of today's SP.
A rumour emerging on social media now too, take it with a pinch of salt. astounding if true!
Body behind the current price range, good consolidating period. perhaps never to see these levels? Got to finish above 12.3p today after an attack on 15p range again hopefully/ maybe breach that and get closer to 20p.
It wouldn't surprise anyone given the interest here right now..
With minimal research, the deeper you look in the more most will invest IMO.
15 years of trading, never been so excited and only ever made that statement here.
Not only a fantastic ROI on the horizon but we will be saving lives!