Member Info for steve58

Would have got some but not shown on my account.

Probably many brokers couldn't be bothered.

Could be news update from Riversgold.

The news we really want is the mining licence being granted.

Thanks for that.

Have seen it about a year old now so hopefully sorted.

Still waiting on ipo.

Imo should be very soon.

I will post any news here when I have it.

Looking at the last RNS 26th February could be the date the shares will be trading again.

Gold in the ground is actual.

Extracting the gold ore is actual.

Selling the gold is actual.

This is all going to happen.

You have your opinion of the company.

A pity 99.99% of others seem to differ.

TFF.

Millions of ozs of gold in the ground with mining to commence in a matter of months.

If that is not potential what is.

With the high grades being reported could easily be double that figure or more.

€10 million free cash flow by 2028.

Sounds good to me.

That could be £2 billion profit to us over the life of the mine.

This is only an estumate of course.

Imo the initial resources estimate is way too low.

Could easily end up at 10 million ozs or more.

Final drilling results probably March.

Licence in place and mining commencing April/May.

All imo but fits in with the timeline for mining to start.

Although gold price has fallen sharply it is still higher than it was a month ago so still a very positive outlook for the mine.

Down £400 oz today.

Hopefully just some profit taking.

Of course previous estimstes of income were based on lower grades and a much lower gold price.

Also LNEnergy does not give me much confidence.

Looking at their last accounts filed at companies house. Same as the german oil company they bought into a couple of years ago.

I just hope they get it right this time.

I know we want the suspension lifted but imo not a good deal. At least a year before any income and even then most of it gets given away to Reabold.

Imo not a good deal for shareholders at least not in the short term.

The .4 to .6g used in the calculations of gold in the ground are history.

Could well be in excess of 10 million ozs of mineable gold.

I remember solo oil. Although he got out before the new board made a hash of things.

I have noticed the quarterly updates have stopped and the q and a sessions.

The board need to get their act together and stop relying on Riversgold to supply 100% of our news updates.