Member Info for AG1989

Their loss pal. Being mopped up

Far too much expectation on this, there always was. I’ve seen brilliant upgrades met with shocking market reaction

For the long term, adding 0.5Moz to the resource is a significant achievement with more to come. Not a holder myself but it’s clear that in the junior exploration space, Landore is ahead of the chasing pack struggling to even put a resource together. A good RNS with plenty of upside to come.

Back in the Buy Zone. Funded, zoning in and focus on Eclipse and a £3m MCAP with £2m reserves. I didn’t really how low this has drifted. These next couple of months could create great value for shareholders

Looking for:

-2,500 oz for Q4 - which would be a very successful quarter

-Looking to hit or certainly get close to 1,000 oz a month in December. Just something which shows the market the gradual progression

-Looking for a month on month increase from September, which had a fair amount of downtime so you’d expect this

-looking for a lower total costs per oz - expected to lower around $100 per oz by switching to grid power (although try to remember this happened half way through the quarter so it may not fully reflect instantly). Also a few hundred $s lower with no machinery or plant upgrades. The company in the last update stated they believed Q4 would be more reflective so hopefully the majority of costs and upgrades where completed in September. If the company continued to upgrade the mine and certain areas, the costs could still be high, but this is fine and ties in well with the long term goal for Kilimapesa. If not we could see costs as low as $1300-$1400 an oz which would be fantastic. And would give $400-$500 per oz profit.

-Looking for details of the Heap Leach pad. The AISC for this I think should be much lower. I know this doesn’t tie in with Q4 performance but it’s an ideal opportunity to detail this to the shareholders. How long until it’s online. With 400 workers, have they already prioritised this and they’ve began building the pad already.?How many oz’s they’d like to get from it too

-Any indications of when and if the plant will have downtime when they come to installing the second ball mill, but as it’s still in Nairobi we may still have a bit of time

-Grade of the ore heading towards the plant. The right mix in ROM and higher grade material being sent to the plant, would put less pressure on maintaining a high TPD value. Although this value will hopefully soon be around the 1,000 TPD mark, on a consistent basis

These are what il personally be looking for. We all want the share price to go up from here, and to be quite frank, the market cap is a bit of a joke at the minute, but it is what it is and you have to accept that. As long as the company can deliver on the above for me, il be more than satisfied. If for whatever reason we’re hit by a poor market reaction but theres clear evidence of growth and progress in Kenya, il look forward to the future.

Very excited to see the progress and no matter what the outcome in share price, if the company have stuck to their end and smashed all of their targets, you have to support them 100% along the way in the journey. The good times are coming, it could be tomorrow, it could be March or it could be August, but it’s a unique opportunity to be a part of something special, at such a low market valuation. Enjoy :)

There will be a rerate. I hope towards the end of 2021 we can push on towards 4-5p, which on the face of things is extremely bullish, 300%. Especially after the hammering many junior miners took in 2021. £100m+ mcap for a company producing hopefully 24,000 oz pa may seem a little tippy to me. We may not even get close to that but who knows but the company I believe will continue to surprise us with the near term growth and value accreditation, so you couldn’t write anything off here

But I learnt the hard way in 2021. I predicted all of these pie in the sky share price predictions, which couldn’t have been further away. There will also be hundreds of millions of shares payable for milestones hit at Simba & Nyakafuru, and any new acquisitions coming our way which have the potential to dilute the share price and investors holdings

There will be some investors here and in general only interested in a short term rerate for a trade, and that’s fine. No different to any other listed company. This company is a massive part of my future and I’m expecting my stay here will last between 3-5 years, although Il be assessing along the way.

Long term I believe the market cap here can breach £200m, but this is a long way away.
- Keep increasing production At Kilimapesa
-reduce the costs per oz to increase profit
- build Kilimapesa reserves to 2Moz
-get drilling at Nyakufuru
- get drilling at Simba
- analyse the new acquisitions and steps the company will take to bring them online and get the ozs poured out
- take group resources above 4moz

And then il reassess from there. Just be confident in what we have and what the company are delivering. Although my first paragraph contradicts this, I’m not a massive fan of “share price predictions”. I can find them to be very misleading as I’ve been mislead in my earlier days many times, and may have mislead other investors likewise.

I prefer to focus on the market cap, the assets we have and the pathway to growth which the board are driving this towards. Hit your targets time and time again and get the confidence of the market, that’s what I’m looking for on a personal level.
But this is a brilliant board and all discussions welcome. Very excited for the news to come here in the near future and far beyond

I’ve seen plenty of Gold mines lying around, producing, but barely. Resources running out, plant outdated. But you get the feeling with Caracal, they’re targeting these mines that have far more potential, than they’ve ever been given hope for. They go in, they spend the correct amount of time and resources on upgrading equipment, it’s efficiency , whilst drilling up and extending its reserves.

Believed to be the Buzwagi mine, great spot by Dobby and some good discussion going on in the Twitter group

A 2.7Moz mine between 25-40 east of Nyakafuru. Now this isn’t a certain, just a possibility which gives the company more options when it comes to production

https://en.m.wikipedia.org/wiki/Buzwagi_Gold_Mine

It’s just extremely exciting the direction the company are taking. Next weeks results should give us a boost but they’re just a small tick off the list in an enormous future. If they deliver their goals, forget the near term share price. The company can only focus on what they set out to complete and I’m confident in them doing so. I know what I’ve bought in to, I know the targets being set, as long as we execute them on a regular basis, il be a happy man

With Nyakafuru Reefs, that takes group resources up to 2Moz.

We have a near term production target for 24,000 oz pa

The company have 2 drill rigs running none stop to expand resources

2022 acquisitions - a project with a bankable feasibility study close to production, and a Kilimapesa lookalike, currently producing Gold

If plans are drawn up for Nyakafuru for 2023, we could have 3, yes 3, producing Gold mines, sat on 3/4/5 Moz’s of gold. And it’s not just stuff of pipe dreams, they’re working tirelessly to make this happen. So for a £17m market cap, fill your boots and support the company on every step of the journey.

Following closely JC for another top up, but not getting caught out by the spread. Right on news too and assay results. Brilliant opportunity

I think it’s a great find from the report and lead to a couple of really good discussions.

My personal take on it, as NetBox has spoken about, 3000 oz for the year would be an almost impossible low number. They’d have had to have virtually stopped running the plant for half of Q4. Robbies wording yesterday of increasing the oz’s from a current 1,000 oz to 2,000 oz. The immediate plans for expansion. I really don’t think if they were still hitting 500-600 oz per month, they’d be rushing into this. Walk before you can run

And I could be wrong myself and we will find out early next week. But I think the 3,000 oz is from listing date. Take the 569 from September off and your left with around 2430.
600
800
1000

And let’s remember, that’s just a rough estimate from a broker note. Every chance the target ends up exceeding the 3;000 mark which would be brilliant.

Talk on Twitter it’s a rollover. Or potential transfer between accounts and securities.

LSE showing the trade price at 1.19p. Then 8 seconds later another 5,000,000 shares at a trade price or 1.2p. A slight tick up on trade if anything

Decent holding regardless and there are better suited people to answer this than me. I’m sure that £120k will be transformed into much more ;)

Also, John has been banned/suspended.

Make the most of it. Brilliant volume on here again today

Holy ****

So looks like the drilling is going very well

Does the link work on the first post Predator?

It’s coming my mate. It’s coming. Very reassuring interview.

Robbie: "I'm very pleased that the board have given us the go ahead to start the process of ramping up production from the current 1,000oz, to the 2,000oz"

The Heap Leach low grade Ore will be between 1 and a half and 2 g/t, thats still very good processing material

https://twitter.com/StockBoxMedia/status/1489225601127006208

As long as they’re providing growth opportunities, the market will be all over it. I think the BOD want this to be a significant Gold producer over 300,000 oz per annum long term throughout their entire asset base and I think with the opportunities they believe are available, they’ll make it happen.

Goldcrazy

https://www.youtube.com/watch?v=HG-ybn35RLs&list=PLP7DSVKZyU_1eQa0ffvsqZucWgh6ITgzJ

Probably a better, more simple understanding