Member Info for Winstonwolf

He still founded the company and got it to the stage of development.

One thing that gives me confidence is he has created £600m mining companies before.

And a gold price in a bull run makes it easier for deals like this to get done.

A key quote from the article.

"If gold does become a more central part of investment strategies, the listed miners are likely to become more attractive, given the difficulty of finding and developing new projects and the long time between exploration and production."

Https://www.reuters.com/markets/commodities/gold-its-miners-may-enjoy-critical-mineral-upgrade-2025-07-03/

Another good read, just related to gold and gold miners in the coming years.

Unfortunately its a descending triangle pattern which is typically bearish and normally breaks down lower. This is why it is good 0.423p has held.

If it breaks to the upside it is normally a very strong reversal that occurs. I would say 3p is the inital target 6-12 months post signing of the finance agreement.

Skys the limit after that. Unfortunately this kind of technical analysis is distorted by placings and issuing of shares. A marketcap chart would help us understand the situation more.

Exactly my opinion, but i get slated for it somehow.

Https://www.tradingview.com/x/C8iSrkNq/

A break above 0.60 must occur again to confirm a breakout. It must hold above the green line to confirm this. Hopefully no placing rug pulls this time.

We'll see. I don't disagree this is a multibag after funding. I just think it'll take longer to fully re-rate.

Let me rephrase. HAA has RNS'd too many false starts for institutions to invest heavily this too early.

I'm of the camp that HAA has annoyed institutional investors too many times in the past.

It will take time for trust to come back IMO and that's why i think they'll need to see progress on the ground.

Once all certifications and residual CP's are in, the signing will happen quickly after.

They have a 30day validity according to the presentation and so to delay the signing of the funding agreement would possibly void the contractors tender.

Upon signing, as i've said before i expect 1p, then 3p once community is resettled and civils is making progress.

6-7p when mining has begun and 10p at gold production. All assuming $3000/oz but gold may be at $5000/oz by then. :)

I agree. No point getting too excited just yet.

Rio2 didn't make it's moves when their environmental permit came through. It made it's move when construction progress on the ground was seen. Even when finance is announced it'll take two years for those kind of returns, all assuming a steady gold price.

I'm not concerned.

This is a long process and a month delay to August doesn't concern me, considering AFC just ratified in May.

Gold isn't going below $3000/oz ever again...

Gives me confidence when a fund is willing to put near £1m in, never mind three of them.

Exactly.

I expect 1p on finance. 3p during construction. 6p on pour and 10p if Kefi proves it can consistently deliver ounces. All assuming a consistent gold price and no dilution, both of which are not guaranteed. I expect gold to rally over the coming years but I also wouldnt be surprised by another raise once the share price improves.

I also dont see the share price reflecting on the most recent silver breakout.

Three times they've promised now.

From the video, likely sign off month is July.

Confirmation of contractor cost pricing and terms is June.

Https://www.youtube.com/watch?v=x-q1UO1yTac