Member Info for Wiseinvestor23

Funded for drilling by sand fire

The Success Payment is only triggered if the First Ore Reserve is > 200,000 tonnes of
contained copper. Given the Included Licenses have had limited exploration to date,
if an Ore Reserve is determined this may take several years and there is no certainty
that an Ore Reserve would be established or that any such reserve would exceed
200,000 tonnes of contained copper. The one-off Success Payment will be calculated
in accordance with the table below.
Contained copper (Cu) in first Ore Reserve
Between the following:
Success Payment (USD)
payable
>200Kt Cu and <400Kt Cu $10,000,000
>400Kt Cu and <600Kt Cu $20,000,000
>600Kt Cu and <750Kt Cu $40,000,000
>750Kt Cu $80,000,000
The Success Payment is due to be paid in cash within 30 days from the date Sandfire
announces an Ore Reserve which triggers the payment of the Success Payment (the
“Success Payment Completion Date”).
So at the lowest success payment level this would add $10m or 140% of current
mcap, plus the $907k for the option agreement, Sandfire resources are already
mining in Botswana at the Motheo Copper Mine and know a lot about what they are
buying. At the highest success payment it would add about 1100%. These events are
likely to happen in the next two years as Sandfire are obliged to spend $1m on
investigating the resource.
Hopefully over the coming weeks and months we will discover more of the potential
of both Zambia and Namibia assets.

https://www.telegraph.co.uk/world-news/2021/11/16/germany-suspends-certification-process-controversial-nord-stream/

https://amp.ft.com/content/a5141b69-0655-48b2-a53a-76d841b02702

https://www.linkedin.com/posts/activity-6866272847296286720-1eDA

Hi all, I hope everyone’s well and has a good weekend.

Busy week ahead and also this

NI Energy Forum

The outcome of the NI Energy forum next week should be quite interesting.
KEY ISSUES COVERED DURING THE 2021 FORUM WILL INCLUDE;
? Energy policy: Northern Ireland Energy Strategy
? Regulatory update
? Energy governance in Northern Ireland
? Impact of electrification on the economy
? Future of gas network infrastructure
? Role of distributed electricity generation
? Energy storage systems
? Decarbonising Northern Ireland’s housing stock
? Potential for geothermal energy in Northern Ireland

https://www.nienergyforum.agendani.com/

I bough another 4K and then another 680 this morning, both showing as sells.

Have to agree with the previous comments re: a roll out of the JV partnership to other CGNR licenses and especially in light of the specific reference to that strategy in the most recent RNS of the 1st Sept 2021.

"The parties further aim is to have the other licences held by Conroy Gold given the same status one after the other. Clontibret is expected to provide the foundation for a long-term relationship between the parties."

With the further reference that RNS re: progress to final documentation and the statement just a couple of days ago about the 'move to the development stage', CGNR now looks primed to start achieving its massive inherent potential for investors and its move into the £s price range.

https://youtu.be/0xsW4Lg7UEQ

4 minutes in

"Were currently, with another company about to move to the development stage with a major gold discovery that we've had in the Longford down massif"

CGNR

9mil MCAP

The largest gold mine in the EU is in Finland with 4.4 million ounces

Conroy has a district gold trend with potentially a few mines across 65KMs

https://twitter.com/ConroyGoldplc/status/1455824331091632128?t=ahEhFwdc29KKGO0SpKf2Xw&s=08 -“the companies first gold mine in this new gold district is now being planned”

8.8 million ounce estimate with upwards potential of 15-20million ounces - https://youtu.be/mnV3iylM8xo 2:23 minutes in

About to conclude a JV with fortune 500 company fully funding them to the decision of construction - and then to production on a profit sharing basis. The JV derisks and funds them for the years ahead, they will rerate and then be bottom left to top right for the years that follow - £1 would be sub 40mil mcap and still very cheap for the oath that will be derisked ahead of them.

Agreed about the interest and buying momentum building up now and especially with the 'Weekend Researchers' and highly probable TA confirmation of the new breakout signal at todays close.

The short reference to CGNR moving into the Development stage, as part of the larger Proactive Investor interview on KDR, would have been missed by a large proportion of prospective investors and will no doubt be picked up by those over the weekend / coming days.

The only circa 40M shares in issue and robust macro environment for Gold prices, will only feed into a major Re-rate over the next few weeks.

Exciting time for holders now.

Catching the heat

Both are gonna do multiples going forward

As the last RNS stated, the company were drawing up the FINAL DOCUMENTATION and based around the agreed terms.

Conroy and Demir would NOT be drawing up said documentation if the deal wasnt going ahead.

We now have Prof Co roy stating the Company are moving into the DEVELOPMENT STAGE.

That further underpins the deal conclusion and official RNS confirmation or not, he would not be allowed to state such unless it was indeed the case.

With a very robust gold price and rising projections, the prospects for a major ROI from current price levels is astounding and especially given the acutely limited stock.

I expect we'll get an official RNS soon enough and the share price rightly moving into the £'s range.

So people are useless lol

https://twitter.com/islandmageenrg/status/1458766358402019331?t=d6EBsOJuPZDksOsG6SUkIw&s=09

The Company is actively engaged with the Ministry of Defence (MoD) on a number of programmes on a standalone basis as well as with the Company's joint venture partner, Navantia, on certain projects. It is the Company's view that there remains a strong desire within Government to rejuvenate shipbuilding at a national level, particularly in defence. With the largest fabrication footprint in the UK, we continue to engage with Government at the most senior level.
 
 
The combined offering of H&W's physical capacity and capability as well as Navantia's deep expertise within defence related ship-building has been very warmly welcomed by the MoD, as they seek to encourage new entrants into this market in order to provide greater competition and enable value for money for the UK taxpayer. As widely reported, the HMS Quorn (M55 Minehunter) is currently in a competitive tendering process for a mid-life upgrade, and the Harland & Wolff-Navantia consortium is bidding to win this contract with the outcome expected in Q1 2022. The Company has also submitted its bid to welcome the Queen Elizabeth Class Carriers (QEC) to our Belfast facility. This contract will be over a 10-year period commencing 2023. The Company believes that it is in a good position given its dock size, capacity and capabilities to service these vessels. Harland & Wolff (Belfast) is the only facility in the UK that undertakes these types of refits and maintenance on a daily basis for commercial vessels of this size. The award for this contract is expected to be announced in the next FEW MONTHS with Harland & Wolff and another competitor yard in the fray. - from the the 1st of November

https://tradingeconomics.com/commodity/natural-gas

141 is around 4x the current Mcap at island Magee alone - before the huge increase in the gas price

More importantly - what will the Mcap be after 380million funding of island Magee alone derisking revenues for 40 years ( of 60 from the person that corrected me )

Is the the queen elizabeth carriers and the scullion 4 stokey? Thank you

And what of the revenues from all ships since July 31st

The RNlI revenues - today’s rns and the ships in/due in the docks before Christmas

The same way no one here expected the last 3 rns - from arnish the multi year rnli and today’s - it the same way I won’t be surprised if we receive a large MOD contract or wind turbine contract any day ( as per the rns rather than the musings of the BB ) 2 shipbuilds on the commercial side to be announced before Christmas ( if we win either ) and the navantia JV that will be concluded shortly could also bring with a large contract we’re currently bidding for together

Everything will come over time - within 6 months from now we will have received Island Magee funding and much more leading up to it

The renewables sector is growing quickly. The Company is involved in several negotiations with clients who are looking at booking fabrication capacity across all the Company's yards. The contracts being negotiated are complex and multi-year, with values ranging from approximately £30 million to £200 million. Project developers have now become conscious of the lack of fabrication capacity across the UK and are making efforts to book capacity in order to meet their local content requirements. The Company expects this market to be a key growth market for the whole Group GOING INTO 2022 and beyond.

This in sight too - as we’re continue to grow our revenues within all areas of the company

5 bagger for me now and holding for another 2 years minimum

Harl will do the same and more from these prices and it will within 3-6 months and more after that

Strongest position in 52weeks - it makes sense we’re break the 52w highs

More of the same news to follow - I strongly believe in 24-36 months we’re be a 1bn mcap company

Morning all

So the contracts won this year total more the the Mcap - excluding all ships that have visited/due to visit - the infrastructure of all 4 yards and island Magee

+ wind turbine contracts to follow

+ mod contracts to follow

+ 22 shipbuilding tenders of which we will receive some

+380million minimum funding

I couldnt help but add another 5k this morning

Still just the beginning here - where will we be in 6 months time after island Magee funding and everything else?

There’s not enough capacity in the dockyards in the UK to meet the demand of the MOD shipbuilding strategy - meaning all dockyards will have their hands and docks full.

Undervalued