Member Info for AJinvesting

Junior Gold Trust fund is being closed on Monday 08 August 2022. Didn't this fund notify a large holding in CNR a few months ago?

Just seen that the above fund has stock of CNR as its fourth largest holding.

Would someone be kind enough to confirm the mcap of ADV?

This page says 103m shares so mcap of £3m, but surely that can't be right?

Thanks in advance

800,000 shares bought at 2:10PM Thursday

Update to project economics by mid-September

I reckon the 30 working day period to object to the mine permit has now passed. The period began not later than Thursday 13 May and in all likelihood the week prior to that. Presumably this information will be RNS'd very shortly.

Oh yes, Ron Wayne, didn't he feature in lots of those old Western films ;-)

Stiffy100 - the link works, thanks

I heard Mark Child say '30 working days', so that may amount to six weeks after w/e 7 May, which would equate to w/e Friday 18 June.

Mk111 - Yes indeed, calculator struggling with all the noughts. So glad I came across PRD late last year. Was the only benefit of owning shares in BPC - I came across reference to PRD!

From PRD RNS of today:
"...results from MOU-1 may potentially de-risk up to 1,823 BCF of prospective High Estimate gross recoverable gas resources in the Tertiary and in the MOU-4 Prospect..."

Ref GRH's teaser point. SDX are targeting "a total of 1.3 bcf of P90/1.8 bcf of P50", vs. PRD's "1,823bcf". So PRD's target is 1,000 times larger than SDX's.

I'll repeat that - PRD's target is 1,000 times larger.

From SDX RNS of 4 May 2021:
"This first phase of the Morocco drilling campaign will consist of three appraisal/development wells, which management estimates will target a total of 1.3 bcf of P90/1.8 bcf of P50, gross unrisked prospective recoverable resources, in its operated Gharb Basin acreage in Morocco (SDX: 75% working interest)."

mEM :-) I stand corrected and salute you, sir!

I third what S82 and mEM said

FR now involved with Condor Gold (CNR) in Nicaragua, having accepted shares and cash for unwanted SAG mill that FR had ordered from Metso Outotec.

https://www.lse.co.uk/news/CNR/condor-gold-to-purchase-new-sag-mill-package-eyxeqpqizuwftsp.html

tester123 - Perhaps, although you have worked out an average of first 2.5 years production. There is 547kt in the high-grade open pits, which would presumably be processed first, so:
2300 tonnes per day
330 days per annum
760000 tonnes per annum

Assuming 95% recovery rate:
Tonnes Gr/t Total oz
America open pit - Indicated 114000 8.1 30000 (100%)
Mestiza open pit - Indicated 92000 12.1 36000 (100%)
Mestiza open pit - Inferred 341000 7.7 85000 (100%)
Total tonnage / ounces 547000 143,450 (95%)
547kt is 72% of 760kt, so 8.5 months production = 143.450 ounces

As I say, I am no mining engineer.

I'm no mining engineer, but...

With high-grade (average c.8g/t), open pit tonnage at Mestiza and America of c.550,000 tonnes to be processed first, could the first 12 months production not be a much larger amount than 100,000 ounces?

tester123 - Don't suppose you chatted with book5 about the posts he made on the other BB around 5PM today, which he subsequently removed and instead posted the cryptic: "_edited till rumours are confirmed"?

https://nicoyaresearch.com/graphite-the-other-battery-metal/?mc_cid=8e76de650b&mc_eid=1c3b76b77a

"For Tesla to build 20 million cars per year, they will need nearly all (94%) of the graphite produced globally in 2019... we believe fundamental conditions could create an even greater impact on graphite prices over the next few years."

"graphite looks to take center stage in an increasingly technological world"

Mark Child is one of the presenters at virtual Proactive One2One Investor Forum on Thursday 28 January 2021, 6:00PM. Sign up here:
hTTps://www.proactiveinvestors.co.uk/register/event_details/314