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Excellent news. It’s all happening for PAT. So much news to come which most likely will transfer the future of PAT.
Get in there Basala! Great start to assay results.
Well done for creating an eco chamber Volvos and retroz. You say it with such pride too, lol. Why do you even come here then if all you want to read is your own comment? Can’t be many people left if you filter 17 poster.
Hillbilly - What did you do with the last £20 you made here?
MasksNewNorm - your statement re shares in issue is so flawed you have no idea.
"35m cap with 188m shares in issue will move north rapidly compared to a £700m cap and 3.9bn shares in issue. If you can’t figure that out you are either bluffing or clueless."
What have the number of shares got to do with how fast the SP rises? And you say it with such confidence, lol. StarBright is 100% right, market cap is the one and only thing which can/should be compared. And yes, GGP can't rise as fast as OMI, because adding £700m value to a company (GGP) is a lot harder than adding £40m (OMI) for the same 100% return. The same can be said for drop in value too, OMI could lose 50% in one session, whereas GGP wont. Diff companies, diff propositions, diff risk/return. But ultimately, number of shares is completely IRRELEVANT
hillbilly - you managed to get a pint with that profit? Well done lad, way to go, keep buying your £100 at 14 and sell at 18, big money to be made
ARE, rather than “Are not”
Those grades are not making salivate, and there is no chance they won’t continue with OMI. 60m at average 10g/t is huge, on top of the other larger intervals at lower grades. Should see this at least around £100m market cap soon
Seingred - GGP is valued at £500 / oz, as a counter argument :)
We should be careful here when we say the company will release JORC resources. Not sure that’s accurate. Jorc in Q3, but not next news update on Labola. Happy to be corrected on this
Dr R - you’re spot on with your AISC. Rarely do you see companies with higher then $1000 - $$1100.
Oh, and anyone seen Sporty? Maybe we can ask him to plough a few more chunks here to his already crazy holding here
£16m market cap only. Incredible value. If Labola and Basala come good, with Labola having had brilliant results already and saving us £10m on redoing all the drilling, this will be £50/100m company soon. Labola will take it to £50m, Basala to over £100m, in my view. That’s just two of 7 company makers. So, 17p share price? Who cares. This will be over £1 at some point and if you’re in at this price, you’ll make 50/100% gains when SP moved at those high prices.
I’ve got some cash ready for the inevitable drop. How far they’ll drop it before coiled spring shoots back up? Still have a healthy chunk here
It’s a non news really. Stop trying to build it up, it’s embarrassing! Dear lord, as if this needs building up on some random possible JV after yesterday’s RNS
60p makes PAT worth only £55m. With a Jorc resource in excess of (hopefully) 500k Oz, and 2 monster drills coming up in q3 and q4, 60p should be minimum here. I am hoping for a lot more once Basala drill results land, with further upside from the Q4 drilling campaign
Still cheap, but I would not be at all surprised if this drops a few penny’s at some point tomorrow, maybe first thing, before maybe moving it back up. 83% rise in a day is pretty significant, although completely justifiable I think. I too sliced at 24p today, so if a drop then dry powder ready to add it back.
Nearly 60m at 10g/t average. That’s an incredible result. This share has so much more to give, you’d be mad to sell just as the journey begins
JohnZ - yeah, and you could have bought at 80% 2 years ago. What a stupid comment. Yesterday we didn’t know the grades. Today we do, so you’re lucky to buy at these prices still.
MAP089 looks amazing. Almost 60 meters at 10g/t, including 35m at 15g/t and 12m at 35g/t. There is definitely high grade golf out there, and they once they map it properly, it’ll be a monster for sure.