Member Info for aprogerson

@CM No I do not have a Twitter account
ATB APR

@CostaMooney I have to agree with Iamagoldbuyer if you have something to say about Jason and/or GCAT then please do so as I am sure other holders will help you look and/or ratify what you have found. The vague and/or accusatory statements you have made are not very helpful. I am probably being dense & obviously just don't understand, so I think you need to provide some clarification as you have not been very clear so far:

"The hidden continuation has been repeating" ... what is hidden? It is a continuation or it isn't

"Until its proven otherwise, Mayflower as far as i am concerned is JB. MF in all its forms that is." ... are you suggesting that there are other vehicles invested linked to MF?

"But something is not right and i think it looks like a P&D at this point in time. I sincerely hope i am wrong.
Again regarding the form i speak of... I think this is something you have to do yourselves because then, it is your own research. I am happy to chat on TG in more detail, hit me up there." ... is announcing that you know something that may or may not be material right after saying it could be a P&D and then saying 'you work it out'

Personally I've read through the Prospectus and RNSs to date and the BoD are doing what they set out to do. The only unusual thing I have noticed is compared to most companies I have been invested in they are oversharing news, going into lots of detail and overachieving on their promises which I find both refreshing and encouraging.
ATB APR

@PP ... and Nyakafuru Reefs existing JORC application for additional 400koz resources and awaiting confirmation

JORC Resource Summary & activities
Kilimapesa = 8.7 Mt @2.4g/t = 671Koz gold @1.0g/t cut-off grade ... expansion & Infill drilling now WIP
Nyakafuru = 12.3 Mt @1.67g/t = 658Koz gold
Nyakafuru Reefs = 3.5Mt @3.56g/t = 400Koz gold ... under application
Simba = 7.4 Mt @1.4g/t = 320Koz gold
Overall Resources = 31.9Mt @1.99g/t = 2,051koz once Nyakafuru Reefs JORC confirmed

Commentary - Q1 2022 presentation does not give cut-off grades for other JORC compliant resources but of note is Kilimapesa's 1g/t cut-off grade. Once the CIL plant has been extended and the HL pads installed it seems very likely that the mine plan could be extended to take resources grading less than 1g/t implying a much larger future resource once this has been figured into a revised JORC as the lower grade ore becomes economic.
ATB APR

Overnight RNS - Rincon restarts Phase 2 drilling at Hasties https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02507904-6A1085681?access_token=83ff96335c2d45a094df02a206a39ff4
> planned 3000m with 6 RC and 2x DD holes
> Completed 7x RC for 1647m drilled and assayed
> Planned 1x 300m+ DD Drill at Hasties Deeps
> Schedule drilling 2-3 weeks then assays 6-8 weeks
ATB APR

The figures I have for monthly production (not sold) is:
Q3 = 1550oz (Jul-21 to Sept-21)
Q4 = 2088oz (Oct-21 to Dec-21)
Jul-21 = 455oz
Aug-21 = 526oz
Sept-21 = 569oz
Oct-21 = 570oz
Nov-21 = 646oz
Dec-21 = 872oz
I hope that clears up what may or may not trigger some of these performance shares

Clearly they announced that they also hit 1koz in Dec-21, but as pointed out by other posters this was a bit disingenuous as it was 'throughput' which is comforting that they are progressing, but is not actual gold production.
ATB APR

That's unnerving and as I predicted at 13:23 we have a second 0.875p bottom in today so channelling my inner guru, holistic, mind-reading uber side-kick I predict that was in fact a 'double-bottom' and we should move up from here !
... fingers crossed
ATB APR

I would not be surprised to see an intraday drop to 0.875p from 3-4 weeks ago and put in a nice double-bottom as support once we get the year-end selling, bed & ISAs and the like out of the way for Q1 operational report to drop in the next 1-2 weeks.

It might not feel it right now, but this consolidating sideways & accumulative price action is necessary to get the sellers out of the way for the 'newer' investors that are willing to tie up their money for the next 6-12 months as this plays out.
ATB APR

@Bonker Random guess ... Turkey desperately needs the gold?
ATB APR

@PP Thanks, so the question is who else could the big seller be?
ATB APR

@predator The past 2 quarter reports (namely Q3 and Q4 2021) were 5-6 weeks after quarter-end some 4-5 weeks ago ... so I'd expect Q1 2022 report in the next 1-2 weeks judging on past timings.
ATB APR

@Chirpy YEs I feel your pain as I am in HUM, AAZ and GCAT
ATB APR

Looks like Rincon has bottomed and has just broken the downtrend and confirmed this last week with MCap at $8.8m.

Half year results to 31-Dec-21 show cash as $2.7m with potential A$1m cash raise via issue of 5m at $0.20c new shares from current 51m shares in issue https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02504130-6A1083976?access_token=83ff96335c2d45a094df02a206a39ff4
ATB APR

@Devil yes I think it is just RB with CLN

@Devil Thanks summary very much appreciated
ATB APR

@PP Phase 3 accelerated funding was Feb-22 for a 6-month programme to get to 24koz/annum which should be any straight 2x MCap from here without anything else
ATB APR

@RP that is my understanding also

Yes Q1 2022 Operational report will be in 5-6 weeks going by Q3 and Q4 publication dates. I am expecting confirmation of:
> 1koz/month gold production at Kilimapesa
> Nyakakuru 400koz JORC extension
> Drill & assay results from current 13km drill campaign at Kilmapesa
> $860/oz cash costs of production following Q4 power cost reduction
> commissioning of HL pad #2 of 4
Anything else is welcome but just noise at this stage
ATB APR

ATB APR

Well that was a pleasant surprise as I knew it was planned ... and now the 14km access road from MJ to Marietta now complete giving full access to main mine sites and spoil heaps for follow-on drilling and future spoil heap recoveries.
ATB APR

No date for First Tin listing on LSE and raising £20m yet https://www.proactiveinvestors.co.uk/companies/news/975054/first-tin-set-for-march-london-listing-with-plans-to-raise-20mln-ready-for-tin-demand-shock-975054.html

@Deano Give us a clue ... I've checked and its not Rincon