Member Info for AG1989

Fully agree with that Magoo. Looking at the current Resource base of 1.65Moz, and growing, it’s left me scratching my head about when the rerate will come

I think your bang on the money with the operational updates. Improved, sustained TPD of 700-800, ounces produced around the 1,000 mark and investments will feel more secure jumping on board. We could have an “overall Q4” production update which would be interesting.

News flow has been painful here, and under Brad's management i can't see it changing. What a project Anza is, shareholders should be beaming with excitement and joy, instead they have to suffer endless reduction in their investments and more paper loss. An operational update on Anza would do the world of good here but atm, its heading for sub 10p prices for the first time since September 2020

Back into a strong BUY zone for me.

An 800,000 oz Deposit with a pathway to production trumps an awful lot that is going on in the junior Gold space right now

Look at OMI, WSBN, ORR.....The list continues. The wait on activities and severe lack of newsflow only drives the price on way, and that's down. Looking forward to seeing the Exploration plans for Q1. That should drive up interest again. Bert hinted more to infill drilling, rather than growth and new targets, which makes perfect sense. With 200-300Koz of the resource being inferred, the company with be trying to upgrade this to indicated/measured, in order to include the full 800,000 oz into the future feasibility studies, and not just the current 500,000 they can work with

What other Junior Gold Company with a sub £20m MCAP do you know that will likely bring in $1,800,000 of revenue in December?

I think it’s still under Papilon holdings isn’t it ?

$1810 just saw it

Even a $40 increase from $1770, at 1,000 oz a month gives the company additional revenue of $40,000. All adds up. Take advantage Caracal and get after it

Great day :) lots more of this

Trench sampling results soon ?

Looking a lot better today. Not much from the board on twitter since the Acquisitions but a lot to get their head around and tackle.

Would like to hear more from Kilimepesa and any additional upgrades to the plant. Plenty to come and still far to cheap

Every chance kashdog, very true

Definitely Casper, will be interesting to see how it plays out but i think whatever way you look at it, if they get this over the line it will be extremely value crediting to the company and shareholders

I have a position in my SIPP like most of my stocks, the recent pullback has enticed me to Open a position in my ISA and will add accordingly. Best of luck to all holders

2.5*** Billion shares

Very extreme scenarios which wouldn't happen before anybody jumps all over it, just trying to put the situation into perspective

But you can go around in circles because to fund your way to a substantial Resource, Feasibility study, yet alone mine construction, your talking dilution in the 1000%+ range, more

To put it into perspective, for ORCP to raise

£2B on current price theyd have to issue

500 Billion shares at £0.0045

£1B on current price theyd have to issue

250 Billion shares at £0.0045

Even for £10Million, and not billion, on the current price

The company would have to issue just under £2.5B shares, almost creating 100% dilution

And so on. Even for a Gold mine your talking in the tens of Millions, it just doesn't compute or seem realistic without bringing in a motivated JV partner

I heard Naheed talking about the company being in contact with European investment firms and I'm sure this will be worked between themselves and Powerchina. To fund a project or to even consider a project of this scale for a company with Oracles Market Cap, A Capital raise to me is totally out of the question and it would solely rely on external investment from numerous parties to front the bill and let Oracle/PowerChina run the project accordingly, with them maintaining a large chunk of the pie in the background

A nice Sale on THAR wouldn't hurt and a higher Market Cap in the future would really benefit any raises needed to progress both Gold projects. A lot of unanswered questions which I'm sure the company will provide us with further details with soon

I read a good post from Trek on the WSBN board, i know him well from the ECR board, good poster. He basically stated that in todays market it's no use anymore just firing RNS bullets at every single topic. Drilling commencement, Land grabbing, warrants, soil sampling. You need results, strong results for a share price to move, and maintain its gains

We're producing gold at a profit, November & December probably even more so, profits going back into the mine. The company are rapidly and successfully growing their Group Reserves and production will increase as the years go by. The results will do the talking and I'm excited for the journey in 2022 and beyond

1.11p average now in my ISA. 1.24 in my SIPP, i bought a large chunk in this a lot earlier so a little harder to average down but I'm happy to follow it down

A company in years to come which will have a MCAP in the hundreds of millions, currently £16m. No guarantees but in terms of a Junior Gold exploration company, i don't think I'l find many to rival this

Didn't they say middle of December - Give them some leeway either side of the 15th

The issue with Gold projects, they can be very rewarding to the company and shareholders, but a lot of barriers to hurdle before you return revenue. NZ not so bad as there are a lot of historical intercepts the company can use to drive a Resource together. But then it's years of preparing a feasibility study, mining licenses and Mine construction etc etc etc. Positive assays could well boost the share price to and beyond 60p which is what I'm hoping for, and hopefully they can follow this drilling up with further success

The hydrogen project is now the one for me, looking forward to see how Naheed and the team build this and pull it together. The re-rate could be enormous but a lot of moving parts to negotiate first. The CEO has impressed me this far with how swift the company are moving with the green hydrogen project, lets hope we start seeing some results soon

A field of dreams - like that

Agreed - great bit of advice

With plans in the pipeline for more, what else do we think the company are looking at?

In the recent presentation, and Map of Africa, they've also highlighted Ethiopia, South Sudan and Uganda, with 2 of these flags appearing on the companies twitter name.

further Resources?
Early stage exploration?
Advanced?
Existing Gold mines?

When this finally clicks for the market, it "should" re-rate pretty significantly. Early days and enjoying these low share price opportunities and hope any other LTH's are feeling similar. If this was currently 1.5p/1.7p/2p+ i still wouldn't be selling so whilst the company are expanding their operations, I'm extremely happy to take advantage

Jason did say a few fair RNS’s were on the way and look out for them during the upcoming week and weeks. Be interesting to get Nyakafuru Reefs tied up and see what else they are planning

She spoke really well after a nervous start, great presentation and the recent pullback will come as an opportunity for some. Tried to top up on freetrade, only £500 amounts but rejected each time. Will keep trying. Love this company