Member Info for steve58

Unless they give the gold away for nothing.

Imo cash will be coming in before end of H1.

At 300,000 ozs a year output.

Our share of profit 10% less 10%

30,000 ozs @ say £3,000 our share £80 million a year.

P/E of 5 so £400 million mc

About 2.5p a share.

All estimated.

Could be more could be less.

95% complete.

Really just the licence.

The gold is there for the taking and at over double the price of a few years ago.

The two things missing are the total gold recoverable and at what rate it can be produced.

Should both be announced when the resource upgrade is announced.

Fantastic news.

Could this mean a large increase in reserves?

Our share could be 1 million ozs.

Profit at least £2,500 oz.

I make that at least £2.5 billion.

Quite different from SM posting.

The 100% certainty that the mining is happening should double the sp imo.

The revised cpr still to come.

10 million ozs plus anything possible with the much higher grades being announced so far and more to come.

Sp rising.

Licence news imminent.

Broker report nearly 12p a share NAV.

Big rerate looks certain imo.

Look under research notes on Beacon website.

Interesting in depth read.

Imo the granting of the licence can only be positive for the sp.

Once granted it gives certainty that the mining will go ahead.

News soon.

Once mining starts it can only be a short time between extracting the gold ore and extracting the gold to sell.

The last RNS regarding the mining licence contained the word expeditiously which means really quick.

Imo the licence will be granted in a matter of days not weeks.

Lost a lot when buffalo went belly up.

Bought back in about a year ago so hoping to claw back some of my losses.

Imo if this goes to plan could see £50 million plus mc.

Tell us your reasons for the company failing.

Over 4 million ozs of gold to be mined.

We get 10% of the profit with a free carry.

Imo two reasons why we will not.

Great news,however her comments have just been cut and pasted from the news issued by Riversgold.

The quarterly updates and q and a sessions have dried up.

Does make me wonder if a change is required.

Should see .070 broken tomorrow imo.

Imo the news release regarding the imminent granting of the mining lease expediently.

We must assume a matter of weeks.

This will tie in with the final assay results a revised mineral resource figure and a figure for total ounces of gold to be mined.

Some very good news updates ahead.

Hopefully the sp will see this as a positive tomorrow.

Should be a rerate once licence granted.

Agreed, however, wasn't further drilling supposed

to be starting on 10th for the northern zone and yet no update.

Strange to issue drilling news about this project before any from northern zone.

Hopefully more news soon,

An update from oracle other than passing on news from Riversgold would boost confidence here.