Member Info for AG1989

Unbelievable levels of confidence shown here by the Consortium in both the company and Sanankoro project

You just don’t find this in the junior sector

A minimum of 40,000 oz per annum with an 8 year mine life. Think we know that the mine life and yearly production will truly exceed 320,000 oz but you have to be conservative before you release the resource upgrade

No issues. No problems. Just getting the business done

Now for a ruck full of assays.

Yeah I wouldn’t be surprised if they already have the results mate. The RNS released yesterday was extremely important and will have had taken up a long time on the corporate side to arrange and sort out. Hopefully more time this week to filter through the assays and release something.

With the incentive to get the Feasibiiity study sorted, the companies priorities will be switched to the assays and the upcoming resource upgrade. Still all to come.

From what I can gauge, from that interview and what I’ve been told, I think Bert thought the initial resource estimate was slightly conservative. I think he knows a big upgrade is coming

Brilliant interview. Best to date. Keep up the great work Bert

Thanks for the Tip ST.

Beyond all my small cap Goldies I’m trying to hunt out and Cora/AZY which are my largest holders, my biggest recent top up has been GGP. for value, and the continuity of Havieron results factored with one eye on production, and expanding into their licenses, 17p-18p was an absolute steal and although not close at all, Greatland should be on track for fair value again in 2022

Will check out GCAT

Burleigh - Yeah I think, it’s not about replicating a Havieron or finding something as big, because Havieron is a generational find.

I’ve only been investing around 16 months. My first big GGP buy was around 7-8p. Still low in comparison to what was coming and is yet to come, but not the sub £100m MCAP I like to sniff out. By no means do I think Minyari is a Havieron 2.0, but I’ve seen nothing since GGP with the same potential.
If it can find a way of taking these deposits production, then I can see Antipa reaching $A1B+, over the next 18-24 months. 700,00oz at its 100% owned ground, 2.4moz at its Citadel JV with Rio(both set to grow) and it’s 2 other JVs

Allllll this being said, that “if” I just mentioned about production is the biggest “if” Antipa will have to negotiate. Many hurdles in the way currently and it’s that deciding factor which will dictate AZY as an Explorer, or a potential producer sat on a big resource (like Greatland Gold)

By the noises Stephen Power is making, they want to maintain 100% of Minyari. They’re fully funded for the foreseeable and have increased the campaign by over 50% to 35,000m. Plus the results of the JV to come. For its market cap I do believe AZY have incredible growth coming it’s way, but a long way off being anything near Havieron.

I always feel uncomfortable with the comparisons because it’s very hard to benchmark an asset against something like Havieron. It’s open in numerous directions and just keeps growing, all you know is the scale of it is enormous.

Minyari should and will be treated as an individual entity, despite the continuation of Havieron 2.0/ Havieron look alike from the BOD. I believe 362m@1.4g/t from 230m is an outstanding hit it really is. I’m just enjoying the growth atm, and as a district, the Paterson looks unrivalled in the world of exploration

Like others have stated, with the decline and intensity Newcrest and GGP have moved at, that’s why they’re well on the way to being a £B company and beyond. It bodes well for Scallywag and Bh. Antipas next objective after the upcoming resource upgrades is to try and map out and prove how they intend to join the production ladder. It’s what’s it’s all about to be fair. Pointless discovering numerous multi million oz deposits if you can’t get it out of the ground.
Im not sure how they’ll raise the capital, hoping not through further dilution or if they do, they’ll be able to do it on more favourable terms than $A0.042 again. There may be options outside of this but it’s all just estimated guesses right now. Maybe something similar to what GGP did, but AZY want to keep Minyari all to itself so probably a little trickier. With Newcrest upping/retaining its 9% stake at every possible turn, being its largest shareholder, and with its $A60m JV along with the Rio & IGO Peojects, Antipa looks to be a very solid investment for its price.

The recent Juri results shouldn’t be underestimated and I can’t wait to feast my eyes on further results over the next few years. All very promising and great to see a little bit of wind behind the GGP sails this week :) GLA

Being prepped, quite a few holes to report from Creswick.

“ #ECR - Core samples from Hole CSD009 at #Creswick

~ Logging and processing of samples undertaken at Bendigo core shed overseen by Chief Geologist Kristy Plieger
~ Assay work on samples reveals geology and mineral 'shoots'

#gold  #goldmine #mining #Australia @MercatorGold”

As much as there are dusters

Telfer - 30 Moz ?
Havieron - 3.4moz and growing
Winu - 4 Moz
Minyari - 530,000 oz
WACA - 200,000 oz
Calibre - 2.1 Moz

Nothings a guarantee and those assays will do the talking but I don’t think there’s a region right now I’d rather be drilling than in the Paterson. Currently Over 200,000m of drilling ongoing, and that’s just from Greatland, Antipa, Rincon & Paterson Resources.

30,000m will give Wishbone A tremendous taste to what the Paterson offers. Not a blockbuster RNS to get the SP flying, but definitely a significant one to getting this show on the road.

Contractors appointed for the DFS. Big indications of where Sanankoro is heading. Bring it on.

Genuine reply by the way ** and interested in your strategies and investment techniques.

Bottomzup, it’s not just about “market sensitive” or better opportunities elsewhere. Sometimes it actually comes down to the results being produced by the company which by no means are blockbuster.

Investors can see negatives on particular RNS reports but also see positives on the next, resulting in a top up.

Trek, you’ve been one of the more reputable posters I’ve witnessed on the LSE as a whole. And what you’ve done, has worked for you. But certain other posters follow a similar pattern and they’re considered traders, de-ramping ecr to suit their own agenda.

PI’s, like I’ve said numerous times, assess and adjust as they go along, as most investors should do (if you do your own research).

Cheap share price, still for me high risk/reward with a potential For many multiples of the current share price.

I’m not a strong believer of land acquisition and accumulation is a key driver in growth of an exploration company. It boils down to the work carried out on the ground. We have numerous Creswick license applications accepted. We’ve already extended that 300m strike length at Creswick quite considerably. If we can extend that into the new licenses, OH BABY!

Just a question whether we do that on our own, or with the help of the JV partner. Ecr is a still a considerable risk/reward play in terms of providing a mineable resource. You just have to put yourself in the strongest position which the company are certainly doing with 24/7 drilling. But those positioned down, sub 5-4p are the ones who will be rewarded with possible life changing gains, “if” we see this through to a production plan over the next 3-5 years

Do what’s best for you HH. Always appreciate your views on here and you spend time explaining your reasoning.

I wasn’t impressed with some of the grades and slimmed down my allocation here. The price has dropped since and that RNS was a brilliant welcome the other day and a very positive move and I made a top up.

I’m not a trader. I assess my investments as and when myself and the company progresses and act accordingly. That’s my prerogative and how I choose to make my investments. I don’t mind being open about it but and I’m doing nothing wrong

It’s a board to discuss ecr. The sentiment is slowly coming back and I’m really looking forward to the future so the enthusiasm is expected. But I like to hear both sides of the chalk and learn a lot doing so.

South Fosterville pulling out some tasty grades recently

E79 resources, a Canadian explorer operating near Fosterville recently hit 0.6m@2,430g/t

Ecr hitting
80 g/t
23g/t
9g/t
9g/t

At Creswick

It’s the world of exploration. Share price begins to fly, and your ceo looks to be making all the right moves. It drops , and he’s for the chopping board. I don’t mind CB and hope he proves a lot of people wrong. Just focusing on the projects and ongoing activities that are going to build value.

Each to their own Lucky and if people want to trade and make their money, that’s totally up to them. But for me it’s not a stock to trade.

Many tried catching the bottom all the way down from 4p, and failed miserably on a number of occasions. Lovely rise this week, but not a “traders dream”, not by far. That’s why I focus on growth. Small market cap companies, developing and advancing their projects. With that growth, breeds interest and new buyers and overtime, a rise in share price.

Bottomzup - little bit more than 300m but I totally agree. They’ve expanded that mineralisation to the most southern extent of EL006184. Be interesting if they continue drilling on the gaps between current holes or they wait for one of the connecting licensees and stick some holes in there.

But that’s what’s important to understand, why we need the JV. It isn’t just to get a top 10 mining company on the cards screaming “ECR”, it’s to use their resources and experience to spend millions developing these assets. “If” that gets signed, things will really get interesting here. We await the assays

Forget GGP. just concentrate on ECR. Let the company start developing some tangible resource before those comparisons start spinning

I’d shared my delight with the recent RNS but as always, maintain that long term, its a continuation of high grade results which will get this moving. Nothing wrong in a little bit of enthusiasm as it’s another piece of a very large jigsaw put together. I mentioned a JV connection the other day, only as a potential factor to look forward to with good results coming from Creswick, 2 drill rig and property purchases. Still won’t hear anything (IMO) until the additional licenses are secured and are granted for exploration.

Brilliant rise this week and plenty to look forward to, I just want to keep my expectations firmly where they are. And if the company release some a blockbuster assays out of the blue, I welcome it with open arms.

A JV next for me within the year, followed by a couple of JORC resources potentially at Bailleston to try and understand the scale of what we have at ECR. We could have 50,000 oz or over 500,000 oz, who knows. Plenty more drilling needed but the company are motoring on with this.

The solid foundations is certainly correct mental max and it’s pleasing to see. For a junior exploration company with a small market cap

2 100% owned gold projects
£4m in the bank
2 wholly owned multi purpose rigs
Property purchases with future operations in mind

It will still come down to proving up the resources at Bailleston and Creswick, that will do the talking. But the company continue making the right noises and laying good foundations. It gives you every chance of success of exploiting that Geology in the future.