Member Info for WelshFalcon

It may do so, but long term I'm betting on a tier 1 mine with benefits for many, many, many years.

Some people just talk the fishy stuff that come out of their janus!

All this excitement without even a speeding ticket!

It's like running away from a bear. You don't need to be that fast, just faster than your mate!

If you can make a few better decisions more than the bad ones you are ahead of the game (and your mate).

WSBN may well find something. As we have seen, going ahead on your (100%) own will need some serious funding and expertise. They tout their 100%, but I see this as a negative due to the funding they will need (dilution) and it raises questions of their capacity to move a 100% project forward.

The obvious answer is a JV with NCM. But, NCM are fully committed to HAV. Adding more resource in the area at a similar accelerated rate is highly unlikely at the moment. Yes they may do a JV, but it won't be as fast as HAV (with the decline started, we are the only prospect near to getting ore out). It will be kept simmering for a good few years yet.

Plenty of time to get in if WSBN makes sense, but at least a year off before I will even consider it. Also the DL factor is a real negative for me.

Two DL ramps on twitter this morning so far, plus 'they' keep trying to ramp on here.

Pumped and dumped before - why do they think it will be different this time?

Run away - DL is ramping!

Ha Ha @ Freddie...

And DJT is still president too!

Too much wishful thinking over the weekend. There will, for the foreseeable, be no sale of HAV, nor will there be a takeover of GGP.

Our BOD will have no way to value HAV prior to the PFS. Even then, if the ore body remains open, they will be unable to value this discovery, ergo there can be no agreement on a sale without a reliable valuation.

Similarly, for GGP, without the 5% fair value being agreed along with HAV remaining open, our BOD will be unable to accept any valuation of the company.

There would have been no point in bringing SD on board to create a multi asset, multi $bn company only to start sell ing off the silver.

C'on guys, smell the cheese and get with the real and logical program.

A lovely nudge to the authorities IMO.

A sort of "Guys! wake up, we're still here, ready and waiting. Oh, and y the way - here is evidence that we are a viral agnostic."

Love it - oh and is is all new data @theboyg!

I think, maybe, he suffers from an affectation?

Nice 'whack-a-mole' analogy.

So SNG001 is the mole agnostic, broad spectrum mole whacking mallet?

It's a message to Paddy, no less.

Chinese whisper syndrome.

This is within the P3 trial.....

Aaaargh! I only posted it once, honest!

("Listen very carefully, I shall only post this once")...

SB wants ore out ASAP, Byrnecut must be fully aware of this. Besides, the kudos and marketing benefit of getting the Hav decline done at record speed will not have passed them by.

To be the fastest down to the ore on the key mine to the whole Paterson region - priceless.

SB wants ore out ASAP, Byrnecut must be fully aware of this. Besides, the kudos and marketing benefit of getting the Hav decline done at record speed will not have passed them by.

To be the fastest down to the ore on the key mine to the whole Paterson region - priceless.

At present it is anyone's guess, hence the current share price volatility.

Once we have the PFS (feasibility study) to give us some idea of how the ore body is to be mined, plus updated MRE, plus decision to mine. We can then work out how much ore can be mined over what timescale and can perform a NPV calculation using this information. Only then can we come up with some sort of reliable value.

Is this the mining equivalent of Blackadder's Baldrick 'some beans' counting?

I think we have a bumper report coming up very soon, maybe even a revised MRE?

We know that the step out drilling was to be 65,000m.
Last report only reported 4 holes!
SB's presentation indicated circa 45,000m to come.
So, there is some 20,000m in assay, how much will be reported next.
Lots of infill going on as well, so an updated MRE is possible, followed by the PFS around September time.

This is a year to hold/buy. Trading is risky, being out at the wrong time is a big risk this year.

It does help understand why South Africa stopped using the AZ vaccine. The Oxford boffins should be able to 'tweak' the formula for this, but that sort of tweaking does take time = SNG's window of opportunity for emerging variants of concern.

Difficult to say @Spy. I was looking at it as more of a contiguous nature. Look at the latest CB image on twitter. The screenshot behind shows the breccias (north and east) with a larger envelope than previously published. Not very clear, granted. Also SB describing HAV as unique is of interest, maybe not the full district scale we have been hoping for? There could be a number of individual intrusions, but maybe not the direct connection between them all.

Having said that, their land would be a lovely 'fit' for us......