Member Info for steve58

£160 million mc.

Quite achievable imo.

Maybe some overnight news.

Then nothing to hold up the mining licence.

Imo mc at least £30 million on licence approval.

Cannot really report an AI generated poster.

Could be two years earlier.

Mining should be well underway and amount being mined and profit figures should be known.

We still own 20% however we only get 50% of the profits generated from this. Another 1% gets deducted so 9% at no cost to us.

Once licence is issued and we know the estimated amount expected to be mined annually our profit share can be calculated.

The only real catalyst here will be when mining commences and the millions come rolling in.

Can you tell us the winning lottery numbers for this Saturday?

August 17th 2026.

Shame about the spread.

Should close up when licence news breaks as will the sp.

Great post.

Did a similar one a few months back.

In the £60 to £70 million range per annum.

Even with p/e of x5 we are looking at £300 million mc and that's without anything else.

Looking at a x40 + bagger from here.

All imo however it will depend on how much gold can be extracted and how quick it can be done.

A 10% free carry would still be worth millions to us.

Definitely the way forward.

They should have everything prepared so that once the licence is granted they can commence mining operations

Immediately.

The licence covers the extraction of the gold ore.

Any work that needs doing is allowed.

Looking good to me.

Only £150 million mc.

If only 100k ounces are mined annually that’s at least £20 million profit to us a year.

Got out with huge losses years ago.

Cannot believe they still haven distributed any funds.

Good luck anyone still invested here.

Got out with huge losses years ago.

Cannot believe they still haven distributed any funds.

Good luck anyone still invested here.

All the best.

Had mine about 13 years.

May do the same soon.

Hopefully sooner than 28 days.

Then dig baby dig.

We are so lucky it is open cast and not underground which would have been at least a couple of years to first production and revenue not to mention the huge upfront costs before any gold is produced.

The only waiting is for the licence.

The fast tracking is after the licence is received.

They are basically going to start mining almost immediately.

Doesn't sound good at all.

When are you appearing?

Can only be a matter of a few days from extraction of the ore to smelling of first gold.

Looking good.