Member Info for AIMinvestor22

If everyone is entitled to an opinion then why question why I’m here?

This is one of many I keep an eye on, as with research and underlying data, it helps improve probability of catching a spike and realising some gains. It’s the whole point of company forum - to discuss the company. We’re not all here to hold the shares indefinitely and bash anyone that doesn’t pump to the moon.

I see you don’t call out others who act in the opposite manner….

Can’t help yourself, can you Helx. Green filter fart box toggle itself off again? Ah yes, the board not even aware that their own samples weren’t even at the lab yet isn’t concerning at all….even though official RNSs were released over 3 weeks ago saying they’re anticipating results.

I’d beg to differ on the positive input. If I’ve convinced just one reader to ignore your weekly fomo posts then that’s a positive in my eyes. How many weeks/months are we at now at this being the “last chance to get in”😂

Below posted on inv. telegram group. Might hold off on the assay spike punt. Delays, but sounds like they’re not rushing things this time and lessons learned from 2024/25 and building solid foundations 👍.

“We are working on an operations update which will include some further information on recent assays. The most recent underground samples were taken primarily to assist with the mine development plan. Having thought that all the results were in from the lab a week or two ago, the last batch were only sent through at the end of the last week. Our geologist, who is independent, is a stickler for detail and will only allow us to use information that cannot be misconstrued which is the right approach but it can be frustrating. He is working on producing a broader report incorporating all the historic results which will take a little longer to deliver. However, none of this is preventing mining which has as you know recommenced. Mineral is now being stockpiled. We know that there is gold at Bonanza having achieved grades of between 5-11g/ton with some areas achieving 63 g/ton in Q4 24 and Q1 25. We remain positive. Works/developments are progressing in line with the recent announcements.”

Assuming they have, as that is a huge sell posted after hours for the 9th.

Guessing a sell based on the trade price of 0.427 which was close to the bid at the time.

Indeed, CfC. Interesting (if it is them) the prices that they have been sold at too. Below the 0.51 conversion prices. Seemingly keen for own cashflow

TR1 expected today for the CLN if they haven't forward sold?

Can’t speak for Ranger, but Helx has been bought in here since well before consolidation/ name change (bragged about 3% holding back in chadster days) so is chasing losses and creates fomo every week stating “last chance to get in” to try create some sort of buying environment. Be cautious on the pumping narrative.

It’s a public forum about a company. Perhaps someone knew, or they’d mentioned it in a webinar or in email comms as they seem to pick and choose who they reply to.

I’m asking if anyone knows carefree tr1er. With such a holding I thought you may know the history. There was nothing in RNSs or accounts so us Joe Public are unaware.

For a start up goldie, there’s fine margins on costs and if they’ve had to reinstall all the machinery after all the expense in 2024, then it will of course impact bottom line of the consolidated accounts

And all of the mining equipment on site previously?

Iceman, no I haven’t. Which is why I’m in no position to criticise the equipment. My question was about where the previous equipment / camp disappeared to from when they were mining bonanza this time last year.

They’re a start up gold company, it isn’t going to be sophisticated machinery from the start let’s be honest. So not exactly fair game to criticise for that.

Thanks for the link Fergal. I'm interested to know what happened to the bucket they were using in Q4 2024/Q1 2025, and all of the other equipment & site camp. Throughout Q2 2025 there were multiple RNSs stating mining was due to resume so presumably it was all still in place? Maybe the 2025 FS notes will explain. But hey ho, no time to live in the past etc.

Looks like the train once again hasn’t left the station over the weekend despite the FOMO posts. Could be tempting to gamble on a spike for pending assay/geo results DYOR IMHO and all that jazz

🤪

Golf, no doubt oopsie will come out of hibernation to claim ai but these are me estimates based on the averages provided by the RNSs. For artisanal mining:

50-90 tonnes per month: avg 70

Grades quoted at 5-25g/t: avg 15g/t

Grams of gold per month = 1,050 (37oz)

Current gold price (oz) at 75% sales price = 3,870

Revenue (90% recovery rate) = $128k

AIC cost per oz (can’t find the RNS to confirm), but think it was avg $1,300: $48,100

Estimate Net profit per month from operations: $80,000

In my own opinion, they need to immediately ramp up production to pay ongoing fees. Assuming the CLN will continue to be converted. They have hired an expert in Bernandino who won’t be cheap in terms of consultancy fees.

Agreed, EGTP. Actually beginning to mine now , but the numbers quoted in here differ to the official RNSs

Golf, you read my mind!

Where are your figures from helx rhwillcoll? The RNS literally stated an average of 2.5 tpd @ 15g/t (once converted daily as they quoted an average 70 tonnes per month)

"The initial operations will target areas of Bonanza containing grades of between 5-25 g/t of gold, aiming to mine between 50-90 tonnes of vein material per month, while confirming grades and mine integrity."

https://www.lse.co.uk/rns/NTVO/engagement-of-mining-contractor-for-bonanza-ad2wo9ssblbjh1z.html

I'm assuming they already have the assay results / geo study if they are able to have targeted charges?

There it is... the weekly FOMO post about this being the last chance to get in.