George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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LGO- fan - glad you picked up on fabrication from Irene - that latest trick is a classic out of the rossannan stable - he’d invent his own targets for the BOD and then pull his hair out multiple times a day on here when his ‘ target ‘ wasn’t met ! Where is rossannan BTW - leaving it a bit late for the pre- Saffron2 drill excitement phase ?
"lol chickenwings, have you been putting magic mushrooms in your tea again"
the question should be....
Why are you not putting magic mushrooms in your tea Chesh.......... :()
All the best (it's written in law in my village........ :)
it's a bullish target for sure. But better that than not to have any ambition. Red tape is notoriously slow in T&T and things take always a lot longer than expected.
The point that they need to hit 780bopd by end Feb to be able to hit 2500 by year end is utter nonsense.
I like 2.5 as an avatar. Is it still free for me to use?
Saffron (swp) capped @ 4000bopd............!
straight out to sea.............. into a tanker obvs..........!
All the best (4000 x insert current price of oil = more than zero .......... :()
Well I'm in 5.5k worth, this will tank back up
Funny to see the well known trolls hiding every time the sp rises, regular as clockwork :-)
Just spot the history this share was at 2p 20 days ago, anyone know what happenes?
Antha
Couldnt agree more.
There is a road back and its is being constructed right now - I understand the negativity but being objective and until proven different that is fundamentally the case - accept what the company has said until proven different - April latest we will know way forward.
Each has to make up their own mind
This BB has posters with the objective sourced view for the positive based on RNS interpretation, analysis and sourced data , with sensible caveats on risks highlighted.
It also has the utterly simplistic one liner parrot crys of doom with no basis or evidence to support that totally subjective biased opinion.
The best negative poster that camp had was Jono imo , who now appears a reasonable sort.
The waiting of expected news, sentiment and dilution reminds me exactly of AST back in June 2016 (21Alpha knows what I'm talking about) when the sp was also on the floor at 0.6p, within six months after well workovers the sp was 3.6p, I fully expect a similar rise especially if we hit 2500 bopd with oil at a potential $90, like AST this is the accumulation phase.
So what news may be expect to move the SP to a point where either holders can break even and exit or remains for the rejuvenated journey clarity?
Would be helpful to collate all aspects, so to add to as others see it.
1 - RNS P#1 Drill data analysis summary findings and BG consultation outcomes
2 - No Major farm in news in the near future - far too early, they need to review the new Geo model in development and all drill analysis data - model may be issued to the preferred partner(s) for them to develop, would make sense - there could be some exclusivity cash for this, who knows. News on level of interest and Gneiss activity, but not perhaps until ....April.
3 - Saffron 3d seismic results for eight similar target areas due...April - although they have the immediate Saffron area supposedly completed end Jan so this update could be at anytime
4 - Update ion Trinidad workover prog in full and latest bopd achieved - overdue imo - at least one update a quarter required and ideally once a month on such a critical aspect at this time.
5 - Trinidad Saffron 2 and other drill planning spud date set
6 - Suriname drill planning spud date set
7 - RBL draw down - they can do that now on the P2 they have got - but may wait post Saffron 2 drill result and further analysis of the discovery
Net impact of all that news if positive?
May get us above 1p, but sentiment is the key metric now - momentum re gained.