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15,000,000 ounces with 60 % PD at an average price of $2000 for all the metals = $ 30,000,000,000
Its not rocket science !
10% as its still in the ground $3,000,000,000 just for MT add in a little bit more and then some competition and who knows !
We will find out, the company was up for sale and was made an offer good enough to make them take the for sale sign down
We are proving and signing all the way to the bank ...
Don't call these two muppets as my kids love the muppets.
I'd prefer the word tools to describe these two muppets .
Maybe we should have a vote ... muppets or useless tools.
P.s useless tools can't vote so don't even try it !
You can't make the paid derampers see , even if you turn the light on .
RickEngland
Today 16:56
Posts: 70
Price: 23.60
No Opinion
Steve; I just find it amazing that a 'minnow' miner acquired a £2bn asset from thin air. When its last reported unaudited accounts had 6 months revenue of £48k (grand not millions), against £1.2m costs.
Looks to me the entire potential sales process had one goal, to gain access to $20m funding at 26p a share. Got to give it to them, they done well there this little minnow miner acting like a FSTE100 miner. I just find that hilarious.
I dont think you have a grasp of prospecting . Maybe I should tell you about it but sadly I think you know ! Here is an idea for you .... Everyone runs about looking to throw away $20,000,000 into something they have no idea about. By the sound of it, and the fact thay thay have acquired options to buy more, they must have loads of money to burn .
Or maybe they have been allowed to see the operations / drill results or something that would make them invest !
I personally dont think they done it over the phone but maybe you know better .
P.s if you do some research you would be able to find out how Eua aquired the land in the first place or dont and just continue to post waffle !