Member Info for steve58

Could do.

Hard to believe that our mc is double riversgolds.

Never been in a share with such a large daily gain.

Hopefully more to come.

Hopefully looking at least double that on the right news.

Many similar mining companies with no production as yet valued at £100 million plus.

So anything could happen here.

Should make a few newspaper’s tomorrow.

Top up at .036.

Hope news is good in monetary terms for us.

Thanks for correcting me.

Imo it will be a disposal of some or all of our 20%.

We need money to advance our other projects and will mean no more shares being issued.

We are called oracle power which has no relevance to mining.

It will be interesting to get the news and determine the way forward for us.

Looking at the RNS it does say the later of 30.09.2025 or the announcement so could be days or weeks away from news.

If the offer was big or maybe 10% free carry.

Money up front talks.

We shall see next week.

Probably once mining has commenced and actual income and profits are calculated.

I think extraction and processing costs are about £1200 oz so a profit of about £1600 oz at current gold price.

Of course gold could increase a lot more before mining commences which should feed straight through to the bottom line.

We could of course just sell some or all of our 20% stake beforehand.

Probably even more than that on solo.

Had my finger on the sell button in 2014.

Should have sold but thought it will go higher never did only went one way and that was down.

The thought did cross my mind.

Does anyone remember the horse hill and solo oil hype all those years ago.

Just over 5p a share.

Won’t even bother working it out but a very large increase on current sp.

And that is only a 10% recovery rate with a probable upgrade of reserves, together with our other projects.

Could be very interesting to say the least next week.

3 million ounces of gold in the ground was mentioned.

Even if a measly 10% is recovered that would be 300,000 ounces in total 20% to us

60,000 ounces at £2,800 equals £168 million income for us.

Makes our sp look ready for a very large upgrade.

Looking forward to good news next week.

Hope it pays off for you.

Same here.

Got out of CapAI and reinvested here at about .028.

A x16 bagger from the current sp.

£1.5 billion if extracted.

I think the speakers will be shown online soon.

We could still get a late RNS today.

Of course he could have a prepared speech so could still be a Friday RNS.