Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
It was a different company then? What are you missing??? They acquired the option for eclipse in November last year, when they moved away from Georgia due to political problems. If you have any actual information to provide or an opinion I’m happy to hear it?
Hahaha are stupid? They are a junior minor at exploration stage... if you want a mine which is in production why are you invested here? Or more to the point why invest even longer ago. First time posting on the board after supposedly investing 4 years... seems like rubbish to me
By excitement I assume you mean the share price going up? It’s a hard market currently, all junior minors are stagnant, poor liquidity compared to last year when a lot of people were off work and investing. If you look at any junior minor which has been successful they don’t go up daily, weekly. There stagnant for long periods then cover slot of ground normally on good essay results... day to day updates doesn’t attract volume
Phase 1 drilling has succeeded in extending the copper liberalisation zone and met drilling objectives
Now phase 2 drilling program starts next month
Largest undeveloped porphyry copper-gold deposits in New South Wales
- "extensive intervals of #copper min. in both holes"
- "the higher-grade min. occurs at shallower depths, enhancing the open pit potential of the deposit"
Self explanatory
Colin seems very happy so that’s good enough for me! Good grades for an open pit.... not sure what people were expecting?
A placing to pay the board prior to delivering time and time again I would say is a **** take, that isn’t the case here. The options are way above the current price. The placing has been to progress expanding the companies portfolio. We all new eclipse would be small but still a quick route to cash. They are going as fast as they can, I’m 100% confident we will be mining eclipse in the next couple of months but even worst case scenario it will be this year. I think a year since taking the option to buy eclipse (last November I think it was) is a very good turn around to produce a working mine?
Another clueless post. Do you read the RNS’s.... we are currently drilling at eclipse, Jack’s dream aswel as doing pit optimization and booking toll mining slots? A jorc will come after the drilling is finished. What more can they do?. Georgia has dragged but Mikes new position should help move that along. Last rns states they are very close to a conclusion! They cannot lie in regards to the matter....
Also now expanding in WA which was always the plan. Everything positive. People just reflect on progress from the share price.... well have a look at the markets, it’s not pretty out there. Price of gold rising and we are progressing, good things come to those who wait!
Great post. Hold for gold. Patience is all which is needed. Also while people are moaning at the sp
GGP is 45% down this year roughly
Omi 60%
Orr 35%
Ecr 50%
Junior minors have taken a hit from a bull market in 2020. Gold on the rise now... we should have a better half year from here on
Also.... people keep moaning about get eclipse into production... we haven’t even finished drilling yet!!! Production will be this year, they can’t go any faster... not sure what people are expecting. Toll mining slots booked... pit optimisation under way.. there well on the ball!
You clearly didn’t read the rns... the 6000 estimate was based on the lowest off take from the current drilling... bear in mind we are still drilling at eclipse and Jack’s dream. So all Mike was saying was based on the worst off take of the current information we would get a jorc to go into production with a profitable mine. The actual jorc will be a much more I would think, hard to say before the next essays but most certainly more than 6000!!
· Central Menzies is located in one of the region's major productive gold fields, is serviced by the Goldfields Highway and has access to power and water as well as being within trucking distance of a number of gold processing plants.
Within trucking distance from a number of processing plants!!..... already sounds profitable. Send in the diggers