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Bulls seem to be starting to win here and the company has allot going for it with multiple income streams growing.

Shell only drilled the 'fringes.'

I suppose the £10m does not go to shareholders directly so we are subject to buying and selling price movements. You wonder though is a director incentive bonus based on price with this change in strategy. A guaranteed bonus dividend of a further 3p would have been better in my opinion.

This is certainly a value entry point as there is no appetite for selling here unless someone bails out. The majority are under water so there is much more chance of this going north.

No real desperation from here guzz. Every trade is about value entry and you seem to have been burnt here and on a good few others over the years. You have held onto this for too long not just physically but emotionally more so.

From here the numbers are out and done. There are risks ahead based on history but the relationships have grown and there may be an opportunity with the partners ahead imo.

Strong partner connections seem to show backing. Let's see the broker note and some buying in new year.

What if a competition decide to grab a stake in the next couple of months and get a holding over 30%, whilst pushing the price up?

Agreed. Look at the desciption of the guys from Bidco. Shrewed business men. Anything under 13.65 including this divi is a steal still.

MR has taken the company to trading at a profit. Balance sheet now growing especially with gas above €40. DYOR

This time last year we were made offers for the business. The business and gold price had only got better.

Crazy drop. Project will cost 35% more we know that so share price should be about £1.40 / 1.35 which is still over £1. Ten bagger by summer as funding will get sorted but I am sure most of us would be happy even with a five bag at 50p.

It was this value before we knew costs were 33% higher. Still means this share should be 80p plus. Big bounce coming.

Insanely overdone. Look at the asset. Key shareholders already committed and funders have been met. Plan in motion.

The fees are in dispute so I wouldn't be paying just because a demand is in.

If you noticed their stock pile increased last quarter so that will be sold into these fabulous prices

Lower head grade expected and the fact no exploration was successful has caused me to move more toward SHG from here. Both producing well but the resource here will run out much sooner

Its only £4M so rather insignificant when cash generation is currently so high. 2 quarters and debt free. Buy the dips imo as people talking it down.

Provision already made for clean up costs. Great quarter with aggressive debt pay down. I agree there is a nice return 2-3 bags in this in dividend return at least. Gold price expected to increase further also.

The stregthening dollar has mostly offset the gold price drop. This is one of the most aggressive debt pay downs of late of AIM. Fundamentals very very good

I believe they are close to making their entire market cap every 6 months with debt coming down and profits up!