Member Info for TakeAimFire

Yes thacker, SAS is good ;)
3-5p you can't be serious, lets talk 6.5p+
I like it :)

Agreed mickey.

drax and monty, you are both crazy IMO.

SWG have been around for about 2 years, and dormant priced at close to zero.
Surely "Pentest has secured a one-year contract with a global technology corporation worth in excess of US$1 million."
Is good news, but only tick over, operating money. Nothing of real substance.

Their price has changed because of a 100 to 1 consolodation!

"certainly know how to make money"? Yes from shareholders!
Tell the shareholders that have just lost two zero's from their portfolio that SWG are good!

After a 100 to 1 consolodation, things usually head south and FAST.

Alexios, whilst you are correct Miton have merged and will be selling all their small cap holdings.
Keep in mind, their 8.57% holding here when the 3.5 billion placing hits the market, will be more like 5%
When news starts to land here, I think Miton's soon to be 5% will easily be bought up and absorbed.

Fyoz, All those complaining about people complaining, are part of those complaining.
Are they not?

Altyn - pleasing Resources & Reserves upgrade, remains a gold recovery buy

Altyn (ALTN) “is pleased to announce the results of the latest Independent Competent Person’s Report for the Sekisovskoye Mine, which includes an important upgrade to its Mineral Resources and Ore Reserves estimates”…

Prepared by Ernst and Young Advisory Services, the report shows both increased and upgraded (to higher confidence ‘Proved’ and ‘Measured’ categories) Reserves and Resources, with a forecast NPV up from $238.6 million in 2014 to $415.4 million (at $1,321 gold) and “an exploration target of 1.74Moz - 22.79Mt at an average gold grade of 2.37g/t”. It sees Altyn CEO Aidar Assaubayev emphasising it “confirms the world class resources of Altyn. While the company is well positioned to capitalize on this base by growing production, it is still aiming at increasing its resources base further”.

The shares have responded positively, towards 0.70p – though capitalising the company at still sub £18 million. It still needs to show the production and cash flow can be delivered to justify this and a much higher valuation but it was recently loan approval follows interims, Sekisovskoye production ramp up ahoy – enhancing confidence.

With this latest looking to add further potential to materially improve on 2018’s 15,282 ounces of gold poured at an operating cash cost of $865 per ounce, we remain positive and, although the stock is significantly up from the summer, still a long-term gold recovery buy.

All credit to the website above (thread title)

Glad you like what you see SAS, I too think this could do very well.
We will see ;)

Agreed Daisan.

I too was very disappointed with the market response to the CPR.
We are definately on track now.
As buster says though "production figures will be the key to this flying"
The market does not seem to like speculation anymore.
Results are what is required now, I believe we should now have great results from here.

GLA, TAF.

No cash balance lol
Funded to $17m if we want to draw it down at an amazing 6%
Kazakh Bank seem very confident in what we have here.
Low estimate of 20k oz gold at $500 to us, is $10,000,000 per annum.
Have you seen the MC?
Maybe best to stick with nickel investing.

GLA Holders, TAF.

I have to admit though, you have educated me tonight.
I had no idea that the operating cost per well was 50k per day.
That is a LOT of BOPD just to break even.
I thought it would have been much less, but thank you for your wisdom.

Top man Mixster, cheers TAF.

My favourite part is - £24m just got pumped in,
and our percentage share went from 16.6 to 16.6
Tuely a divine dilution :)

480,000 I think?
A great saving, and a great point pal.

Understood, Cheers mate ;)

Straighttalker, I would love your opinion on ALTN too.

Mix, seen as everyone is sleeping.
I know it is not polite to talk shares from other boards.
I am interested though if you have looked at ALTN?
Funding in place, CPR just came out, what do you think?

Great saving mate yep ;)
And all the time money being pumped in from ii's.
Happy days ahead here for sure ;)

I am only guessing, but think you got over zealous with the zero's
and confused with 3 and 5?
5k per day, and a saving of 300k would seem more realistic?

Gla DYOR right!

Mix, I can't make sense of your figures?
You quote $50,000 per day, and a $500,000 saving.
That is 10 days?

Site has been closed for 42 days, since 28 August.
You quote 3 weeks notice of start up, 21 days.
That's 63 days.

Using your $50,000 per day, that's $3,150,000

isdeer,
25% was for A-2 appraisal only

"Union Jack has acquired the interest in
PEDL183 by paying 25% of the West
Newton A-2 drilling appraisal costs."

We are pro rata now at our 16.6%