Member Info for Bebeto

Happy to let it all play out there's a good chance of making several bags here without the stress of trading it.

RM is very inconsistent with the information he gives out and would prefer investors just to focus on the 2Koz per month estimated production. So it's anyone's guess whether we'll get a RNS on the subject.

They need to actually deliver something tangible rather then forecasts. The funding helped but the additional delay didn't.

With this new laboratory up and running at Kilimapesa they could release exploration results in real time and cut this finalising numbers routine out as it's wearing thin.

Quite funny watching people moan about relatively small SP fluctuations. I sat here upto 50% down for several months until the SP went in my favour.

The CEO is very jam tomorrow , certain investors have blind faith and people think he's put back the 2Koz per month by 3 months but it's actually 6 months from his original ramps .

I do think they've literally struck gold with Vim Rutha and it's got the metrics to be a lot bigger than Kilimapesa.

So I can wait for the full story to unfold and when I'm 200-300% up I'll also be trading this on a win / win basis.

Until then I'll just add on weakness in the SP.

I had a top up I'm not interested in trading it until I'm a few hundred percent up that way I can't lose ;)

Apro, agree and now that the funding is in place / bank account for the completion of the expansion. The Q3 results will be light reading going forward.

Chopsing you're correct they're projected figures and they were probably taken from the due diligence of the funding.

Quick glance at today's figures and I've got first year at $13.6m not $12.6m as stated.

ID78 they now have the funds to get the expansion completed and they've also got a new gold discovery with a strike length just over 4 times that of what is currently being mined.

Anyone buying in at this range is looking at multiples return just for going long and waiting for the story to unfold.

They've already doubled the ounces of Gold and Vim Rutha alone should double the double again.

Looking very de-risked and undervalued now.

Further de-risked now the 24koz production rate pushed back to June. Vim Rutha looks to have the metrics of a 2Moz discovery.

Well worth over 2p now. IMO

You won't see near previous lows as it de-risked now. There was massive support lower down and I think that's moved higher. I for one will definitely add to that support level.

Looks like we are consolidating around this level before the next push up on news. I feel there's more good news to come this week.

I think they will prove up and sell Nyagafura for a profit. To construct a processing plant will cost $30M where as Vim Rutha and the other hot spots around Kilimapesa could be mined and gold processed at a fraction of the construction costs for Tanzania. IMO

Not expecting much from Q3 results just looking for expansion work progress.

It's all about Vim Rutha for me, it's potential for 2Moz+ discovery.

Trek, it's all looking very good and anyone buying in is getting a bargain as it's massively de-risked now.

Trek , I think it's too early at this stage to have an accurate assumption, your figures could be bang on we've no way at this time of knowing.

They have to increase current production between 4 to 6 times to reach 2Koz per month and the two loans should be repayable in physical gold rather than from FCF as it's pre-paid gold funding.

They now have the funds to pay for the expansion and the more gold they produce the more accurate estimates will be . IMO

The company is looking very strong now going into 2023, I do believe Vim Rutha will be transformational.

Vim Rutha 4.9km gold strike is 4 times bigger than Kilimapesa gold mine. It's also higher grade so far it's more than capable of containing over 2Moz.

Bebeto is no longer underwater this is a different company to a few months ago.

Looking very strong fully funded with a massive new gold discovery potentially multi- million Oz