Member Info for steward1

Surely, we're not going to be suspended again!!!

Ahead of plan, again!

Turnaround is on!!

Hey Acker - of course, there wouldn't be enough income but GR could doddle down to the bank for a loan... point is that we don't have to hand over 30% of Prem to get the full blown mine built.

Snowking, it should bother you what % Suzhou hold. GR can't keep giving away %'s of Prem... there'll be nothing left. I sincerely hope that GR is not taking your advice anymore - Suzhou got an absolutely cracking deal when they took 13% of Prem.
Surely, once the pilot mine is producing, we'll not need to give anymore of Prem away? There will be no need to go cap in hand to Suzhou.

A lot of the noise has come from the naysayers... now that Atlas are out of the way, the churn of the 460m new shares is (almost?) over... another 85m traded yesterday... and we're seeing real progress, they've gone quiet. SP will soon turn north again.
The turnaround is on!

The 2nd new Mantis drill is now in operation. June figures should be looking good with July even better!

Turnaround is on. Interesting dilemma for those sitting on the sidelines... invest now or invest later when there's an announcement from the company?

Sandy - there's a step change going on here. The past has certainly been painful (an understatement, I know) but I'm backing a strong recovery and for the sp to rebound in the next few weeks and months.

Atlas shares had gone by 21/6. Not sure at all about your 4 x placing shares rule of thumb.

I seem to have a more optimistic outlook than you, Sandy. The RNS yesterday set out quite a change in pace (6 weeks ahead of plan) and I'm expecting the news flow to continue in that positive vein. If anything, this time round, AP will have set expectations lower than he expects to achieve. If he has increased production in June, he'll be shouting about it soon enough.

These guys are absolutely determined to prove the naysayers wrong!

610m in the last week roughly.

A rough calculation - 800m since 15th June.

I think the conditions for a drop to 0.6 have passed for the time being - not sure what you're rationale is. The good news flow has already started and I'd expect more to come in the next few weeks. Atlas are out of the way and the overhang from the 460m shares must be very close to being over, if not already over.
Turnaround is on!

Wolf/Shiny - perhaps best to refer any questions about drilling and assay results to SK. I would have thought that GR has a whole stack of results to release but SK has placed some doubt on that and we might only see those results related to the limited pilot area.
I think my issue here is that there is no transparency about either a RUS or the DFS. Are we getting a RUS or not? What area will it be based on? Has the DFS been delayed to progress the pilot mine?
If SK is right and we only get 10 mts announced then it looks pretty poor both in relation to expecting something north of 20 mts and in relation to Atlantic.

From what SK is saying (after all, he does have inside knowledge) we're going to be no further forward in really understanding what is in the ground at Zulu apart from the limited pilot area???

So SK - again a level of detail that suggests some inside info... tsk, tsk, tsk!
I think the market will be very disappointed if we get 10 mts and not 20 mts or more!!!

Assay results this week? After such a long silence on assay results - why should we expect them this week?

0.30-0.35 - I expect that we'll hear from GR this week through an interview plus the annual report. There will be negatives which will hold the sp back, undoubtedly.

FWIW, I think the sp will start to move again once we get the complete assay results for Zulu plus a plan about everything else. Certainly, I expect the sp to shift upwards once we're open to other offers in September.

Acker - I agree to some extent and, perhaps, we're still looking at a couple of years before that happens (I think we should have 10 bagged by then!). I'd like to see a plan for the full blown Zulu mine plus a plan to get the EPO area developed and I'd like some definitive statements about MNH and RHA as well. GR has a very bad habit of leaving everyone guessing.

Romanwolf - GR has a history of attempting to do things on the cheap which always seems to result in delay, further fundraising, etc.

GR has been silent on the DFS... is it on track, going to budget, has he diverted funds to the pilot mine?

If either RHA or MNH are on his agenda, where will he get funding for either/both?

SK - the market quite clearly doesn't agree with your assessment!

You seem to forget that he gave up 13% of Prem for a measly £12m (you still don't get it, do you?) plus he did his smash and grab of a few weeks ago to rob us of a further 5%!!!

Dicko80 - we're expecting Q2 to be better than Q1... as long as the continued improvement is happening then all is well!!