Member Info for AimSurfer007

I would hope trial completion gets us there. Successful phase III usually adds multiple to SP. FDA approval the same. Hard to say what will happen but successful phase III removes major risk and brings us much closer to significant revenue opportunities.

Not according to their 2018 October interim report. Lists all their holdings and no reference to I3E.

Excellent summary and why I'm comfortable invested here and topped up this morning, will continue on drops. Long term you can't ignore the cash build. I was holding Serica when it was dropping and had similar cash to mcap ratio, I was rewarded there handsomely.

Gold price not ideal but I still see value here. They do say buy when others are fearful, and we certainly have a buyer here. They'll take all you have at 260. Feeling nervous about POG you can help them out :)

We still have a significant buyer in the background mopping up all the shares, they must be confident, I wonder how close we are to acquisitions or where else their confidence comes from, there are few drivers. ASO is cash flow positive and will produce over 200k so there is a lot of headroom plus AISC is further coming down materially next year which again will have significantly impact on FCF. Gold reserves increasing this year, AISC reducing next year, company on the hunt for acquisitions, large buyer in the background, I honestly think only way is up from here. To be honest I'm not sure what to make of the POG. Would prefer it to be higher but maybe one advantage is lower price will help with getting deals over the line. Noticing market commentary is pointing towards contrarian investors starting to get in at these prices. Probably wiser to buy at 12 months low price rather than sell especially ahead of the expected summer gold rally.

New company presentation posted on their site. Looks like they are actively spreading the message. http://avesoro.com/wp-content/uploads/2018/07/Avesoro_July18_PCB.pdf

Yup, someone is slowly accumulating all they can. Lucky for them they don't have much competition yet. This share can't stay under the radar too much longer. Once the LOM increases and FCF continues to flow we should get a lot more interest.

Good article here http://www.metalsnews.com/t1226526i

Strangely trading a bit higher in Canada. Shares still getting mopped up here.

Looks like the buyer still here mopping up all they can get.

In Q1 "Net debt decreased by US$17.5 million to US$106.6 million." From AGM I recall the company saying they plan to pay off additional 60m of dept this year. AISC coming down significantly next year. Acquisitions news could be around the corner, company stated aim here is to be producing near 500oz. Large buyer in the background over the last few weeks. Hard to buy in decent amount but can sell.

I think it's because this share is still under the radar and this buyer is not yet competing with other significant buyers. They can set a buy limit at 265 and see what drops their way. Once exhausted set a limit at 270 and so on. Seeing that there is a buyer there is also some who are willing to take profit at these levels. Hopefully this and other buyers want more that there is to be sold and we'll move up.

Check out the buys today, someone is mopping up all the sales. Either one wealthy individual or a fund is buying here.

We have a patient buyer with deep pockets in the background. I'm getting quoted over 260 to sell a large chunk, days ago couldn't even get a quote to sell 10% of my holding. Someone was happy with the resource upgrade news. Q2 update should see us break 300 and then upwards from there.

Can sell 40k in one hit today. Definitely background buyer around. Hopefully we'll see Q2 production numbers next week that will reiterate the transformation we've had.

Great research out. This valuation excludes companies target of 500k production. Solid buy and hold from these levels. 2018 and 19 will be exciting years with AISC significantly coming down next year.

Remember the company previously said "The forthcoming Youga and Balogo is expected to reflect modest Resource expansion at both Balogo and A2NE pit (Youga), and a maiden Resource at Gassore (Youga). It is expected to represent approximately 10-15% of management's 1Moz additional Mineral Reserve conversion target for 2018." So much more to come. Q2 results should be out shortly in July. If they are anything like Q1 we'll start getting the attention we deserve.

BRR Media release new interview and presentation from the NYC mining conference, worth a listed. All on track for resource upgrade and work on acquisitions keeping them busy.

Avesoro plans to publish an updated CIM compliant Mineral Resource and Reserve estimate during Q2 2018 for Burkina Faso (Youga and Balogo Gold Mines). It is expected to represent approximately 10-15% of management's 1Moz additional Mineral Reserve conversion target for 2018. So we should have some news on it this month.

Last quarter financial update. "Net debt decreased by US$17.5 million to US$106.6 million." They currently have $23m in the bank and should clear most of remaining debt this year. Just noticed new corporate presentation on their website, worth a look.