Member Info for AG1989

Absolutely blown away by that. The vision is clear for all to see, this will be an enormous company in the making.

Potential resource base of 2moz within 3-6 months? Then similar with exploration with the drill rigs

The next couple of weeks, this could go off big time. But huge praise to Jason and the team for making it happen.

Had a couple of shandy’s tonight and just climbed into bed. But appreciate the comments and the link and I’m very much looking forward to breaking it down tomorrow. It sounds extremely encouraging but that’s not really surprising knowing how well the company have done this far.

Anybody other than John like to fill me in ? Was out with work and missed it and his 19289292929 topics about useless information.

Will try and catch an update over the weekend but would appreciate a summary from anyone who tuned in tonight :)

****Further demonstration of the mods of these forums Letting the disruption reign

Potential FOMO

When is drilling going to commence ? We’ve had 5 tweets this week but still preparations.

Hopefully mate.

Nothing. Be interesting to see what the company can give us without an RNS being released before the webinar. Still time maybe

Stocktow - yes. I won’t be contributing in the term sheet/fundraising personally but I understand why others would. I believe that I have a low enough average to really make a healthy profit moving forward.

If the share price fails to move north Come the term sheet and the stock is diluted down at 7-8p, although I won’t be taking part, I do believe il get a chance sub 10p for one last top up. And if it doesn’t drop that low, even better.

They clearly have very rich ground. Any news discoveries and “world class intercepts” reported on the eve of the Sanankoro mine term sheet, I think interest will certainly pick up.

I can’t predict the future but I won’t be leaving my position now to flirt around with lower averages. Il adjust as and when that comes.

Make sense*

I just don't see why the company would release a presentation tomorrow and Webinar, when they can't provide any new information, which needs an RNS as its market sensitive. It wouldn't make to "to me", giving a detailed Webinar tomorrow and then releasing an RNS on Monday

I'm thinking RNS tomorrow morning/evening,

OR

Not any time within the next few weeks

I've aligned my Average with around the current price now, slightly above, and I believe if at this moment in time, if our largest shareholders are collectively willing to put £m's together, they clearly feel confident Long Term of reaching multiples of this price. Even if I'm not involved in the term sheet dilution/fundraising, for example lets say its at 8p, I'l probably get a chance at that time to execute an order at a similar price.
Prime example being GGP's fundraise the other week at 14p, a yearly low, for those who never took part in the fundraise, the brief panic in the market created the opportunity for buyers to hit the trigger around 14.6p, which is what i did

Q1 drilling campaign to unearth more monstrous hits to move this 20% on the eve of the DFS being submitted. This has 1Moz in site, production soon but I'l keep an eye on my average and keep it as low as possible. Averaging down here seems more of an opportunity than a punt, I can confidently say that with the success 2021 has brought

It's not really HOPE but everything is pointing to an RNS. We've recently had a Webinar with Robbie and Jason and more recently Robbie gave a good presentation. Without any additional information being added to this presentation, I don't understand the needs for it, or certainly the "Delay"

I just hope there's something to deliver on the Acquisition front. A lot of noise made about the BOD in neighboring countries and Tanzania, with the clear elephant in the room for us shareholders being a near term acquisition being made in that very country, Was looking at a small top up Sub 1.20p but the spread wont allow for it right now

I replied to share talk this morning about their tweet the other day baiting me in about the BOD being in Tanzania, and said i hope theres some substance to this. Jason Tweeted me a photo at the airport which made me laugh. Let's hope they got it over the line and the company can move forward with an overall Resource exceeding 1Moz

Finish the DFS**

43,000m of drilling 24/7 was always going to be costly, but I think the company utilised their finances extremely well in 2021 and delivered staggering growth for Sanankoro

I do understand the frustration about not doing it higher, and it’s all hindsight. The company may have pulled the trigger now fearing a price of 7-8 p within weeks

The 10p raise is higher than the last one, which is a bonus. And it was the usually LTH shareholders putting their hands in their pockets, like they have time and time again. 10-11p is a price PIs have been able to purchase at this weeek anyway. They could have done a raise at 13,14,15p and taken advantage of a higher price, but for me that would have been a slight kick in the teeth to our top shareholders who have supported the company at every raise.

10p is fine, leaves them funded with a little spare for exploration drilling which is huge. Enough the finish the DFS & finally trigger the term sheet sometime in 2022

£75k just thrown in at 1.25p, somebody likes what they see

£4.2m fundraise

Out the way, funds going towards completing the DFS and ongoing exploration, the first one is significant but the drilling is vitally important to bring on Sentiment here. Has all the hallmarks of extending this to 1Moz+ in 2022

If it turns out to be a significant increase to the companies resources then it’s more than worth doing. But if the SP ends severely diluted, shareholders then begin to wonder. The current plant is self sufficient, drilling is set to begin and they’re lowering operating costs. At this stage, is it worth focusing on that, walk before you can run and invest the plant profits further down the line into an acquisition?

A lot of questions and I’m sure by the end of the day Friday, the company can give us a bit more direction. I’m still very excited, but anxious at the same time. Il be LONG regardless and will get my average as low as possible but not everybody has that privilege, including those with a 1.7-1.8p average.

I think a lot are just jumping to conclusion about a fundraising, which i can fully understand why, i just don't want the usual panic and dread to set in.

They wont just execute the acquisition to let it sit there, it needs to be processed. But the Kilimepesa mine looks fully utilised with the ground back in Kenya, without bringing anything additional in. Will be interesting to see how they put this together

How they fund it will be tricky, I've been averaging down a lot, if this drops below 1p it will feel like a kick in the teeth, also there was institutional investment that bought in a lot higher? The company will be mindful of this

I think its clear that "if" any kind of raise is coming, its not a fundraising to keep the lights on, it's one to expand and grow the company long term