Member Info for TPKart

Still can't buy any decent amounts without it going to negotiated trade. Nice to see it on the top risers board today as well.

Good news back in stock on Boots website so we won't have missed out on that many sales.

Think about it, the volume has been so low. If they had all been sells the price would have crashed. There is no way they would have been able to offload that many at those prices.

Thanks sewingmachine I'll check it out much appreciated. And yes LO I'll have another listen once I've improved my understanding of mining terminology.

Ah I see that makes much more sense. I thought 43 grams 1 metre down seemed strange as you could literally start mining it with shovels ha. Yes knowing the depth would be useful, but still 43 g/t is amazing if 1 g/t is considered good. I'm really looking forward to see the results from the airborne geophysics then, should be interesting (and confusing).

Thanks, and apologies I'm still not sure. So they found 20 grams and 43 grams of gold per tonne of rock 1 meter down but the depth of the deposit hasn't been specified? Even so, isn't 43 g/t Au incredible? I watched the film "Gold" last night with Matthew McConaughey, and they were getting excited at a quarter of an ounce per tonne, but that's nearly 1.5 ounces.

Also, Carl mentioned that they have identified areas that are relatively easy to access hence the reason why they believe they can bring it to production so quickly. Do you think this could be one of those areas with the g/t Au being so high? Or would a trained eye look at that drilling image and see more potential in other areas?

Hi Luckyorange,

I've been looking at that picture you posted on twitter. Still getting my head around this mining malarkey. On the G1AD003. I notice that two of them say: "including 1m @ 20.2 g/t Au" and "also 1m @ 43 g/t Au".

Does this mean that they drilled to a depth of only 1 metre and found 20 grams and 43 grams of gold per tonne of rock?

Nice try though "Honestytime" aka Mr 10 Posts.

Also: "An NI 43-101 INDEPENDENT Technical Report delivered in March 2021 highlighted the potential for the Garalo to have up to 2Moz Resource."

And: "Aeromagnetics and airborne geophysics for the collection of magnetic and radiometric data commenced at the start of July 2021 and has been completed across both licences as planned. Results from the survey are expected in early August 2021."

So results due in the next couple of weeks.

Lordpaul,

I know. I had seen you asking others as well so I was just playing around.

I also wish you the best with your investment.

Good evening my lord,

It's not a competition :) You have a lot more than me this time, but I will let you know if I get anywhere near your number in the future.

Yes it was me that pushed the share price up. It was going to negotiated trade when I tried to buy at 3.2, so I placed a few trades in smaller chunks, which pushed the ask up on my third trade. I then placed another trade later on and it pushed it up again. So on my small volume of trades (and a few other peoples as well) it pushed the price up 5%. I was disappointed not to get all my position at 3.2p, but just shows how this could shift on the next update.

I agree on the testing for the foreseeable future. You can't see any of the governments wanting to go forward blind on the testing front. It will be all about tracking and managing the variants and outbreaks for the next few years to try and avoid it happening again.

I can't believe I've managed to get back in at the price. I was one of the people who dumped 700k shares at around 3p back in June, in a moment of madness. I was down 15% and thought I was being safe, only to see it rise to 4.4p in the next week following the update on sales. It really was a true feeling of regret, even though I've been involved in investing for over 10 years.

I thought I'd missed my chance but today I got a price alert on my app and I've been building a position throughout the day. I've also been keeping an eye on the counter on the Boots website, and I remember a few months ago the site visitors were on average 20-30 whenever I looked. It's now on average 50-60 (and still always over 100+ purchased), which suggests they're possibly selling double the amount of tests than they were before lockdown. So if the price hit 4.4p on the update of £3m in sales, it will be interesting what price it will hit if they say £6m on the next?

Obviously this is me speculating, but the visitor counter sure is a nice way to make some kind of educated-ish guess. I also believe that there's still some legs left in the PCR tests for flights seeing what's happening with the delta variant around Europe and further. We may have a large percentage of people vaccinated in this country, but we are ahead. A lot of other countries have a lot of catching up to do.

On top of this there's all the other product updates/releases/sales to look forward to. Only now they've got extra cash from the covid tests to pay for extra staff/development/manufacturing/promotion/growth and everything else.

Can you tell I'm happy to be back in? I thought I'd missed this boat...

Or if that's too difficult to answer at the moment, what is the multiplier for revenue/market cap in the coking coal of mining sector? (Obviously not including the gold potential in this scenario).

Is anyone any good at properly valuing companies? If they agree to a $1m a month coking coal agreement, what value would you put on the company? I understand it's probably difficult to estimate without all the facts/costs etc involved, but interested to hear if anyones done any calculations yet? (Not wild guesses like I do)

Good point. I guess covid could still be slowing things over there as well. I'll keep my eye out for the gold results first then in early August, and if the coking coal news comes before it will be a bonus.

Ah yes I forgot they mentioned where it would be tested in that RNS. I now remember thinking Hwange sounded like it was in China hence my confusion, but just checked and it's in Zimbabwe. 45 days from the 10th May. Could be any day then couldn't it.

Ah okay thanks. Looking forward to hearing about that then. Let's hope they can get a deal done.

This coking coal sample that we're waiting to get tested by Chinese steel company. Do we know if it has to be shipped to China to get tested or will they have somewhere to test it locally?

I'm not sure you'll be able to buy at these prices when it's ready, but worth a try I guess. It will be interesting to see how this effects the share price today.

All on track!