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HK don't agree that the marketing is awaiting yet more drilling results, the project already looks pretty good geologically speak - they need to get the EL done and its terms outlined. That may / may not determine 10x point. Sorry to bang on but suspect I am close the the mark.

Isn't Paul List at BCM much older??

Simples - they need a favorable EL from the Cameroonians to convert all this wonderful gold potential into a real money producing (as opposed to consuming) business. Martin we need some update on the EL please.

Agreed - come on BRES - a holding statement if nothing else - total silence is not good

Spot on GoH - its like backing black or red frankly - the EL drops and we are off the races - it does not drop or has punitive / unviable commercial terms imposed on it then all these ounces worth a whole lot less. GL

And pigs may fly too - lets hope !

All good points HK - the EL for me is not about institutional buyers its all about political risk - having worked in the sector, in third world countries, for a long time i know security of tenure and having the solid right to exploit the opportunity on normal business terms is essential. if it starts looking too good then govts get greedy and sadly more so this occurs in a jurisdiction where they have not seen the ups and downs of mining cycles over decades. GLA

I don't see it as a deramp commnetary - ORR cannot just keep drilling with no other fronts getting nailed down - the EL is the real and key result at this stage imo - I worry it is taking too long to come out of the system

BBB - perhaps - then again perhaps they should have sold it a year ago for the 1.6p cash offer then on the table. Cynic in me says this is a lifestyle company and PIs count for nought.... GL

Whoopee more directors, more costs and still no news on how production is going for 2 months now..... £10m company needs a competent CEO and 2 NEDS.

Hope its just Iran and warrants and not harsh financing terms or worse problems in UG.

Love all the hugely positive posts - especially as the CEO is seldom seen doing IR/PR. Could someone please remind me when the EL application was submitted. It seems to be taking a very very long time to come out which is giving me serious pause for thought. In my experience in Africa if the govt wants something it happens quickly if they don't it gets bogged down in the system somewhere indefinitely.......the EL is the real big one at this stage imo. gla.

There is quite a lot of 'talking this up' on this board guys - perhaps a balanced view needed - its been extremely quiet on the PR/IR front from the company usually very chatty so either they holding back a bit, have nothing to report, or worse case there is bad news to come - remember the market is always right......

I would have thought mozambique and uganda similar on the good / bad location league table

65% on no news and gold only up 2% Haha Leaky London at it again ...

if no production news will merely drift back down

We have tricky mikey taken over from dodgey dickie :D

Look at old presentations - Akrokeri is the real deal, no doubt currently actively mined by locals/chinese, it just needs turning to account - then there is Homase which has 600,000 JORC oz AU (worth 30-60m$ in the ground) at depth - so why o why on earth go to a more difficult jurisdiction and try deal with a load of artisanal miners. I don't get it - help!

I may take a small punt at 0.1p just for fun - pity no production news as there was in first 2 months this year

Operational update 7 Jan and then 4 Feb = one coming this week surely? How many OZS they have poured is the one and only measure right now.

Will repeat my view that the CEO here is not doing enough to get this sort of messaging out there in the market - thats his job. Look at BRES CEO always reinforcing their deck with IR/PR resulting in SP support.