Member Info for SWAT77

Regardless of short term shaftings I’m viewing this as a phenomenal LTH in my SIPP with phase 1 online 2032 as I can’t get at that for another 10 years

Cheers Goldie, now I’m gonna be singing that in my head for the rest of the day!!

The talent this kid has for talking crap and sending the price through the roof on the same day should be studied

Jeffjoon, I get what you’re saying, we as punters looove to see skin in the game but it bugs the hell out of me to assume these guys can just pull money out of their ass. £40M MCAP. Just one more ‘paultry’ percent added is £400,000. Have you got that lying around?

I bought £100 just in case it’s not!!

24.5 million Riversgold traded today Vs a 30 day average of 10.5 million

Agreed Tiger, can’t lie that today was a bit of an anticlimax but my average is 0.273 so I’m in and whether this goes flying up today, Friday or next week the gains will still be there and they’re based on fact now and not sentiment. Can’t lie, I got a bit lucky here and originally bought for the Thar sale but piled more in last week on the RG suspension. Good luck all

Ohhhhh Chrisdp86, why did you wake up and choose stupidity in the face of facts????

You’re gonna get well and truly DP’d throughout today!!!!

Lube up big boy

No idea with Riversgold Tiger, I can’t see a current price and I can’t do a dummy sell????

Oracle has to be a minimum 300% day tomorrow surely (and I’m secretly hoping I’m undercooking that). MCAP has to go north of £40M???

I’m going back to bed, see you back here at 8am

Tiger, Riversgold is trading. I managed to buy in on open

Amadan you won’t have to scroll too far back down the chat thread to get numbers but here it is vaguely:

Oracle own 20% of which we get 50% under the agreement. No mining costs to us under the agreement so a pure 10% to Oracle of approx $1.5 Billion of gold in the ground (that figure is our 20% value too) Vs our paltry MCAP

I’ve managed to buy in at the bell on Riversgold to add to my existing holdings in Oracle. Happy days

Https://announcements.asx.com.au/asxpdf/20250930/pdf/06pw4wyxnx9w4n.pdf

Good luck jtis, I bought in 3 weeks or so based on Thar so what has happened last week and this week is a bonus. Topped up last week and today and have my alarm set for a few hours time

Very correct jtis but given that this is no longer at exploration stages, even at big dilution, I can’t think of any downsides Vs the upsides

Solo, not a chance:

1. The volume in the ground is known

2. 90% + recovery in known

3. You do not, repeat DO NOT, suspend a share for poor news on contract negotiations. It’s suspended because it needs careful consideration of where it opens in just over 5hrs time

I have my alarm set for just before the Aussie market opens and hope to double gain on top of my existing Oracle pot. GLA

I agree with that wholeheartedly SMaiden, I was thinking even at 10% of our 20% of what we own in the ground we’d be looking at well over a 500% day.

With Riversgold 80% I’ve cashed out 2 of my other holdings and will be buying in about 6 hours when Aus opens. Their MCAP is $5M which is ludicrous on good news

Chris’s, you are aware of the value of the gold in the ground of their 20% though right???? Vs their current MCAP????

No we haven’t Tiger, stupid comment! DL’s X post tells us otherwise and they also haven’t been hyping up a deal which they would need to tell us has gone sour

Just had a thought!!! 11pm in OZ, 11 hours until market opens. Do I cash in a bit before close, buy in on Riversgold 1am our time on good / great news and cash out on Riversgold with a bigger pot tomorrow at 8am???

I think you’ve misunderstood that Steve? It means ASX opening on Tuesday ( currently as I write this it’s 4:35 pm Monday there) OR upon release of the news…..so whichever comes first. As Mondays trading has just close over there we now know (going by their announcement) that between now and 10am their time the announcement will be released