Member Info for WelshFalcon

Few realise what Telfer brings to us. Quite simply we would be years away from having a box cut in place with decline started.

Telfer has:
The plant, needed to process the ore.
Power station needed for everything there.
The gas pipeline for the power station.
Fully functioning FIFO airport.
Village (accommodation etc).
Route to market (they have customers and logistics in place).
They need more ore!
The quality people needed to push all the right buttons in the right order.

Really, can you imagine trying to progress as fast as we have without that level of infrastructure and expertise in place? Without all this, you could have easily added 10 years to get to where we are now.

Plus, with everything running pace, if SB want ore to test through the plant by year end, then his engineers will find a way to do it assuming it is actually possible.

DORE, yes. It's written in sandscript in the dessert! As for the share price - 'tis the market.

In reality, it isn't 'written, it's a business risk. Most of the risk factors have been cut to the bone, so overall risk is low (IMO). That is why people invest, it's why I invest, keep adding, refuse to sell. I'm pretty sure where this all goes.

If it was written (by who?) then would the written word guarantee a return? what if it's wrong?

Muddled thinking, methinks.

Gold price (and AISC) are normally expressed in US$. The local cost base (salaries, property infrastructure, local contractors, etc. will be in AUS$.

The management of exchange rate risk is part of our new CFO's responsibilities.

Hopefully, now, the 'he was brought in to sell up' mantra is completely debunked.

Our man is positioning our company for long term growth and profitability. We will have a productive mine (share of), we will have the cashflow to explore all our other prospects, we will have the cashflow to acquire other companies/prospects, we will be able to pay dividends too.

This is now a long term (20year plus) real investment.

Very happy Falcon (and very happy Falcon's SIPP).

Hilarious!
Newbie "I'd go with my natural immune system thanks". Priceless.

Now, nobody tell him about the science based theory of Natural Selection......

And the warrants @spy. Don't forget them.

This will be better than all the crytocurriencies put together, now. So glad I beat the dealine.

You missed it, closing date was yesterday.

Well done Joey. Your post displays a clear misunderstanding of the context of all the previous posts in this thread.

If you want to believe your 'independent scientists/researchers' that populate Fox News, then go ahead. But do it on Fox, not here.

The real question is why aren't credible outlets reporting it - probably because it doesn't pass the basic smell tests.

@Josh..

It may not be as 'precise and coordinated' as you would initially expect. This is exploration after all.

Yes, the infill drilling to firm up the MRE zone towards an update etc. will be carefully planned. The growth drilling may be much more reactive.

NCM have talked about other targets within the HAV area. We all saw the screensaver with another blue target. With all the new roads and other infrastructure in place there is now much better access, so there will likely have been some more detailed work done (magnetics? soil samples?). Following this a couple of drills may have been done.

Don't forget that they have some pretty clever drill head data available (well before any formal asay). I can well imagine a review of this data and someone saying "Wow, we need to drill this a bit deeper, we should put in another drill over here too". ...

Do be careful here. Don't jump down the rabbit hole of misinformation just because you hear the word 'interferon'.

The Fox (non) News thrives on conspiracy theorists happy to go on air and talk. They do have a habit of picking up on bits of true science to weave into their narrative so they can create an air of credibility.d

The interferon response (or lack/reduction of) in Covid is now well established with many credible sources, so it doesn't surprise me that this is being used.

These sort of Labs tend to study actual viruses and may well have been looking at various strains of bat viruses. It is highly unlikely that 'they' created a virus as a weapon. It is possible that the initial infection across the species happened there, it is also equally possible that it happened elsewhere and was first identified in Wuhan.

In any case the actual origin is totally irrelevant at the moment. There is a worldwide fire still burning that needs to be put out now. We can send in the fire marshals to identify the cause later, more pressing problems to deal with for now.

Back to this pointless argument again I see. IMO absolutely stupid to sell HAV when it can easily produce the cashflow needed for all our prospects as well as allowing us to purchase other promising assets from less well funded explorers!

Having said that, everything has it's price, but if we do end up in talks, our man SD has the knowledge to navigate through. I would full expect (and would vote 'no' without this element) a strong element of continuing net smelter returns annual royalty being part of the deal.

Why on earth would we 'sell the family silver' (sic Gold) before we've even had a chance to enjoy it first?

Try the HMRC website for current tax rates etc. It all depends on how many shares you hold (value) and where you hold them (e.g. SIPP or Share Account or ??).

Much better.
R.I.P. Max Headroom (though it was good for a giggle).

Happy Falcon.

There seems to be two main questions for Long Covid and SNG001.

1) The prevalence of Long Covid following a 'cure' using SNG001 (and if SNG is administered at early or late stages).

2) If SNG001 is effective against Long Covid for those sufferers who have survived without the prior use of SNG001.

Both need answers through trials. In the case of 1), this is being looked at in follow ups to our existing trials (Not sure if AVTIV-2 has a long term follow up, though). So, the additional benefits from using SNG001 can be established. Intuitively this should have a good result - but biology can and does throw up curved balls.

For 2), this needs a proper trial. Probably premature at the moment as we need to get SNG001 approved for Covid first. Once established, we can look at other additional benefits (along with flu etc.....as well as picking up and progressing our pre-Covid trials etc.).

That is a great explanation @Matterhorn.

I think Castro jumping the gun has simply indicated that phase 2 is complete, but they are still recruiting ready for phase 3 transition.

From then on, I believe things become a little fluid. The full 28 day data needs to be assembled and reviewed. If all is ok there may or may not be an official transition to phase 3. If results are better than expected there will need to be interaction with FDA to establish if there is a need for EMA (or not). If that is to go ahead there needs to be interaction with the company over supply and production timescales with a view to pre-orders.

Once all this fluidity has been resolved we will get an announcement. All my own conjecture of course!

To me, the prompt walk back from Castro indicates this has started. We haven't been dropped, so this is good, it means things are moving forward. The longer the tortuous wait, the further the steps have been made. As to when it all gets sorted/announced is anybody's guess.

All good so far IMO.

Well, here it is folks! Terry Wogan interviews Max headroom.

The early SD interview....

https://youtu.be/qq8jOBe5E5A

If you remember Max Headroom - that's who we have....

He's an android!

Just been watching the Solgold piece. Their study/information on copper prospects very interesting.

Our copper is going to be very key for us too.

Now Iv'e heard it all. Deriding a 20% rise? Really?

There must be a 'numpty' virus doing the rounds!