Member Info for Wasp_

3.8p in 2022 works for me.

I'm looking more at the 12 month view to realised true value explained by the experts.

Turner Pope say we should be valued at 1.8p compared to ORM. My guess is the market is waiting until we can prove a run rate of 200tonnes per month and a decent conversion rate before re rating. I'm thinking this could happen in the next 12 months.

As the report doesn't mention the Glod potentially this could add 0.2 - 0.5p to the total.

Exciting times

Morning, MM did say Glod news in Q2 and he also said June.

He never said when in June so any day from Monday.

Is that another delay until the end of the year?

I reckon you have until June Ponfeigh. MM has said Q2 for a lot of things including June for the Glod update.

For this reason it's an opportunity in the next 2 weeks then thick and fast in June.

I thought I was seeing déjà vous or my phone was showing me yesterday's text when I saw the additional 300,000 Ponfeigh. So close now!

I nearly bought another £800 worth myself but I'm waiting until I can afford the full 450,000 needed in one transaction.

Good buy that Ponfeigh. Must have taken the avg downs bit?

Catching me up now, I want to hit that 10mill before we go booooom!

I'm up to 9.55 million at the mo

Now the starting gun has finally fired what does the time line look like?

When are we likely to get I stimulated results and then stimulated?

Thanks GIT. For once HL has come up trumps

Just bought another 400k at 0.45. Happy with that buy as I thought I was never going to top up under 0.5.

Now the 0.42 warrants are out of the way I can see a Rerate to 0.6 in the next couple of months IMO.

Good luck all

Are we not already in production though Bob?

CautiousSid. It was once thought that he got turned off when the Christmas lights were turned on.

Didn't Sid pop his head back up last time we had a small rise?

Didn't the report comparing us to ORM say we should be valued at 2p. Could this happen when we are at full tilt in Q3? Plus eggy when the gold comes in later this quarter anythings possible. 5p I'm dreaming again

Yes Trumpton it was mine. It had taken 3 days but now fully ISA'd.

With Te11 being out back and put back plan A must be to sell if/when TE10 comes good. Only if it fails would we now move on to TE11. If so I agree with Crude as it would roll into 2020.

I meant every 100,000 ounces was 0.01p. Doh!

Hi Tolin, I'm sure I had a discussion about this a while back. In the ground every 100million ounces could be worth 0.1p on the share price. Extracted it wound cost between 800-1000 dollars per ounce to mine. At current gold price around 1300 dollars we could make 300 dollars per ounce. Could be talking rubbish but the figures stack up well.

I tried to mess around an complete the b & b myself but then just pressed the button for Hargreaves Lansdown to do it. They were only a small fraction off the buy price with the sell price. No way I could have got anywhere near with this spread.

Great news, so instead of needing to drill 10-13 more wells we only need 4-5?

What is the cost of a well?