Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Apologies, for some reason the link is going to an old podcast. There’s a new one for today.
Tectonic Gold (LON:TTAU) (@tectonic_gold) Tweeted:
#TTAU Checking on our rig. A big 650 rig, so we can drill to depth when we get back to Main Lodes & drill deeper to try to intersect the porphyry again.
#gold #copper https://t.co/6AMlAiVzes
Hi Pokerchips,
Also worth noting; The CEO is by far the largest shareholder. And neither him and nor any of the directors take money out of the company in salary. They all choose to take shares instead. And as far as I am aware none of these have been sold. If carrots were to be dangled, the board would be the largest rabbits in the Tectonic warren.
Hi Pokerchips,
I don't know how much research you have done regarding Tectonic, the more you do the more fascinating it gets. The CEO and the board are in my opinion, both totally switched on and ethical, they are over 10 years down the line in their efforts,we should know by year end whether or not one of the majors will jump on board.
This is by far my largest holding, such is my belief that this company will prosper.
vidaloca
haha... yeah...
a friend of mine suggested I take a look at Tectonic as he thought they could turn a corner soon...and the MCAP does look small ...so I am just "investigating" at the moment.....in terms of where they now are...
some of these small miners have a habit of dangling a carrot in front of potential investors ...so I will see if the carrot is any close to being within hand reach !!
regards
Hi there Pokerchips,
I wasn't having a dig, it's like you say, it's just a case of personal taste. I'm a great fan of Jedward and their music, it really doesn't matter to me knowing they are hated by many.
I can't go through with it- I'm a Jedward hater.
hey vidaloca....
oh sure..nothing wrong with having a personal liking ....I guess I was viewing it against a lot of the new current styles that are around and about ...and it looks a bit dated in style... in that sense
I guess I was expecting it to look a bit better and more "modern" in appearance
But yes..in terms of serving its purpose..yes..it does that..and "grim" was indeed a bit unnecessary...
I'm no expert on websites, nor would I want to be, as long as it is user friendly and informative I couldn't give a toss.
I can't see a problem with it, I'm quite taken with it in fact.
The website has the feel of something knocked up by a graphic student....style is c.15 years out of date ... it is pretty grim
http://www.tectonicgold.com/shareholder-information
"As at 31 December 2019, the Company had been notified that the following were interested in 3% or more of the Company's share capital:"
As at 31 December 2019 ???... bloody hell.... nice one guys .... you gotta love the Aussies
Thanks goneawol, great find. Good news all round, including the update on COVID not currently causing any further delay.
Thanks for that goneawol, great to hear.
It's all coming together now.
Tectonic Gold CEO Brett Boynton & General Manager Jon Robbeson update on recent developments
https://youtu.be/YI4RsIKxe70
Thanks Boogles
Queensland is not the issue. It’s getting people interstate.
Taken from a recent update; “ A localised COVID resurgence has necessitated restrictions on cross border movement in Australia and delayed getting the team back on site, but we expect this to be a short break.”
Currently no way of knowing how long that “short break “ will be…
Queensland seems ok atm.
Covid: Anger as half of Australians in lockdown again https://www.bbc.co.uk/news/world-australia-57911032
I guess that this will cause delays to the current drilling program.
Absolutely.
The following, from a recent RNS, would also suggest a high-level of confidence in potentially world class assets:
“ This was part of an independent structural modelling with Dr Brett Davis of Olinda Gold Structural Geology Consulting. Dr Davis is an external expert Newcrest used in their assessment of Greatland Gold. Tectonic engaged with Dr Davis to ensure we have the highest calibre validation of our projects to replicate Greatland’s strategy in partnering with a major gold company.”
Newcrest's Cadia mine is one of Australia's largest operations, it's mineralised zone is 2.5 km in length, 600m width and over 1,900m in vertical extent.
Compare that to Tectonics target (copied and pasted from June 23rd RNS) Recent and ongoing field activities have confirmed that the Main Lodes, Cameron’s Lookout, Andrew’s Gully and Southern Copper prospects are all part of a ~4km long laterally contiguous and vertically persistent (+500m) gold rich system that is contained within a ~250m wide corridor.
If all goes to plan the prospects of this company are staggering.
VSA comment
Tectonic Gold (TTAU NXX) has announced a new joint venture agreement on its Mount Cassidy license area in Queensland. The deal with White Prospecting will enable the JV partner to mine alluvial gold on this license area with 7.5% of gross royalties going to TTAU. The deal is designed to provide near term cashflow to TTAU without shareholder dilution which has been a key aim of management since the company was formed.