Member Info for WelshFalcon

Nope, I was right the first time.

Filtered.

So, the stellar share price performance this year doesn't count?
The pivot from COPD to COVID doesn't count?
The phase 2 results don't count?
The Phase 2 peer review doesn't count?
The 'substantially oversubscribed' £87m cash raise doesn't count?
Positioning us for a fully funded phase 3 trial doesn't count?
Working his and his teams balls off to achieve all this in less than a year doesn't count?

You Fool!

Why post this? What is your agenda?

Utterly futile @Woodstock. They cant tell you (or anyone else who calls making demands for information) any more that they have already released to the market via RNS or otherwise.

You will likely not get past the 'Nutter Filter' who will be polite and get rid of your call as soon as they can.

Calm down, wait for news released via the proper channels.

@spinnaker

Your numbers show a marginal profit using the spot price of gold. Telfer doesn't get this, somewhat less I'm afraid. I'm not sure if they've used up all the hedge they had in place as well (which is somewhere around the $1500 mark). They don't fully refine and their gold 'dore' sells at less than spot pricing as it needs further refining.

Well said @ShareSting.

Covid started to be seen here in January. Not even a year yet. To pivot from their COPD work and get this far in such a short time is a massive amount of work and commitment by the whole team. Stop bashing them.

Do we have an artist in the room?

GH and CB riding a 6 horse Ben-Hur chariot with a cloud of dust, coming out from the dunes. Pointing back and saying "guys - the gold is back there".

There will be a number - verified in some way. But the story and how it's presented will be interesting.

So Telfer is running at a loss? WOW big time.

Bodes well for the MRE, maybe next week! I know GH has downplayed it a little as only an inferred resource and only the SE zone - - BUT NCM will need to show a good reason to keep Telfer running. So what will they come up with?

There is massively interesting dynamic going on in the area, our BOD have nicely tied us closely with NCM and without HAV, Telfer may be done for. Ooooh Matron?

Ok, it's getting serious now.

Is there a self help group somewhere? All sitting in a circle in a cold church hall. I stand up and say:

"I'm known as WelshFalcon. I've invested much more than I should have in GGP. I freeze up and can't hit the sell button when I should top slice. My portfolio only went up £35k so far this morning. Help."

Everyone else nods wisely......

I can see the logic if you remove external factors. But something outside of the company's control can't be predicted easily. Good example is covid, of course. More recently with GGP is the delayed assays on SWAG. (perversely caused by our own success and consequent extra demand from all prospectors in the area). These things need more cerebral input.

It does seem a bit unreliable to me for projections based off an unexpected, one off, event such as our two new JV agreements. Spike in price on such news, but once factored in, normal patterns should return - but we have more news expected!

I take charts with a pinch of salt, regard them as 'black arts' somewhat.

Interested to see them, however. I do give the company fundamentals and trading prospects much weight.

All sold on the basis of extra value as the royals have their jewellery made from this gold. Basically the Welsh, Royal and rarity angle gives it the extra value.

Stands to reason, if the find and produce in quantity, the rarity value goes. If it's available to the wider market, it's less likely to be of interest to the royals any more. To mine in quantity will need lots of investment in plant and mine. Expect a long lead in time to get through all the planning and enquiries they will have to negotiate.

If they keep it small and niche, very limited upside.

I'd describe it a boutique share - go for it if you want the cachet of supplying the royals, but don't expect anything more than a reasonable market return - not a racing snake, this one.

All IMHO from Wales.

Green, where do you get 9 inch frogs from?

Add in a visit to SO4 (salt Lake Potash) which I have a small holding in too. Not expecting anything to spectacular from them, but I like what they are doing...

Pop them in the mix, and I'm there.

42 is the answer to life, the universe and everything. It's not that big!

Hitchhiker's Guide big is:

"Space is big. You just won't believe how vastly, hugely, mind-bogglingly big it is. I mean, you may think it's a long way down the road to the chemist's, but that's just peanuts to space."

Now that's big!

As in Hitchhiker's Guide big?

That presupposes a sell due to dislike. Many other reasons - portfolio re-balance, kitchen extension needed, daughters wedding coming up etc etc etc....

In my younger days......

Seriously, once covid is sorted enough, I'd love to head off down under and have a look / tour round Telfer and Havieron. If at all possible. If not possible, I'll have a go at chartering a light aircraft for a birds eye view.

@Bruce - just look on their website. Indian, listed in Bombay.