Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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The question which is going on in my mind, and I hope someone can contribute to, is when the Heneti drill results were announced, the RNS from LC was very scant whilst the RNS from our JV partner, Paul, was more detailed to the extent even stating that the drill results showed the expected geological model (or something to that effect).
The other question in my mind is why did Christian Schaffalitzky, who was working as a consultant Geologist for Katoro, gave his resignation? Was he not required anymore once LC came to know that the area is full of Nickel/Gold/PGM and CS became surplus to requirement.
So how come they didn’t release the full results from the last drill campaign?
If they had any price sensitive news they would have realesed it immediately as all companies are required under the stock market rules.
I think it's the opposite
Sorry to all holders, if they had good results they would be shouting it from the rooftops, probs hit 0.3p if it’s a write off imo then not much left
I’m less confident now. It is well known this is a leaky share so if there were good news the share price would have gone up
If that's the case then I think it has to be good news that they are holding onto as might be forming strategy for the next leg up and putting everything in one RNS (LC is saving every penny).
We know the results are in his possession. What we don't know is why he's not releasing them?
Unwise 'the very wise ' I agree
He should resign over blyvoor - considering options my arse. Written the costs off and wont admit he balls'd up
Those Haneti results should be back by now - again silence - an its not because elon musk is conducting fantasy drilling
Tombi1 - agreed
That’s it , it doesn’t matter how bad LC is if this is a success it could be very good for the share price indeed , the potential is very high
Yep that'll be it, too busy to reply to shareholders!
I want this to come good, but let's not sugar coat it. Louis is completely hopeless and doesn't give a hoot about PI's.
Strike length of 60KM - The big players must be rolling all over LC at the moment - that is why he does not have time to reply to our emails
Haneti is looking an absolute cracker of a project.
If we get anything like the other mining company which has 58million tonnes @2.5% nickel- that is roughly 1.5 million T of pure nickel and that's 1,450,000,000 Kilos Nickel. The market value per kilo is roughly $25
That gives $36B less costs who know but say 50% - that would still give $18B over life time of the mine
However, Katoro has observed not 2.5% nickel but over 12% nickel
Blyvoor a weird one I thought that was finished , loses 60% better , thought might get a bit of a reaction ,,
Haneti looks very very promising ! :
· Maiden drill programme at the Haneti project commenced on December 29, 2020, and in spite of severe COVID-19 restrictions and related implications, completed 1965 metres of RAB drilling over 50 holes at Mihanza Hill and Mwaka Hill under extreme rainy conditions. 1965 samples were collected from which 776 three-metre composites were prepared for analyses at the SGS laboratory at Mwanza. Information gleaned from the RAB drilling results and the discovery of new gossanous nickel-copper-magnetite veining at Mihanza Hill, confirmed the results from previous exploration work done at Haneti, which was the primary objective of the RAB drill programme.
Blyvoor ? How many months to consider your position?
Funded until 2023.
GL.
Well I called news right:)
All I will say is that I know the region extremely well. If and when I have more funds I will invest.
It is a binary bet atm with that fool at the helm. The delay makes things even worse.
Incoming. Dyor
Not sure that can be true as they would need to announce a deal for a third party to drill and cannot hold onto the current Diamond drill assays for longer than regulators would allow. Simply put LC and POW are waiting for the assays to return from busy labs and then interpret.
POW and KAT will talk about Haneti when the assays start to come which wont be long. Have they partners and discussions behind the scenes waiting for these assays, yes I would imagine that more likely.
https://twitter.com/dat_kapital/status/1486464855309791232?s=20&t=RuNzpPJxijbFpocBOjTOXw
https://www.youtube.com/watch?v=yrHtXDS1t8M
Understandable but I'm sure Blyvoor will surprise us all in the not too distant future and the squeeze will be fun from these levels. Nominal value is 1p and Kibo will not vote to reduce that with their 20% stake.
Good luck FG.
I think in as much as POW may want to talk about Haneti, I have a feeling that they are restrained beyond certain point by LC.
I think there is a lot going on behind the scenes.
I have a theory (which may be absolutely absurd) and that is the silence from Katoro could be because there is some more drilling going on, not by Katoro, but by a potential JV partner who want to do their own substantiation of the true prospect here. Remember, LC has already mentioned that Katoro has been talking to various parties.
Appreciate views
LS. I'm well under water here, so it is tempting for me to bring down my average. But we all know that nothing is certain, and the debacle that is Blyvoor didn't do anything for my confidence. I've still got £8k's worth of shares but won't be buying any more.
Good luck to you. Hopefully, we will both do very well.
ATB, FG
Wont be long Cliveas...anything under 0.8-1p is a bargain IMO and I'm buying
Every time I see a POW RNS my heart jumps and then I realise it has nothing to do with Haneti LOL.
I can't take this silence anymore it's ridiculous.
come on LC the time is now to deliver.
GL.