Member Info for Bebeto

1700 tpd equates to 51,000 tonnes per month.

The flow sheet plan on presentation shows plant 3 as pads 1, 2 &3 but plant 4 just says pad(s), so they aren't all taken into consideration. Also says plant 4 @1700 tpd

Anyone know the capacity for heap leach pad 4?

Looking at the latest presentation it reads like it's going to produce 9,585 oz.

On page 18 the plans show another 5 pads of same size upto pad 9.

If this is the case then the plans are there for a total capacity in-excess of 70k Oz.

From today's updated presentation:

Drilling extended over a strike of 1.9km
with drilling ongoing targeting further
resource expansion.

From 12th May RNS:

A strike length of 1,875km has been identified and drilled with the remaining drilling expected to extend this strike 300m to the west and 400m to the east for a total of 2,575km.

From 6th June RNS:

Initial drilling successfully targeted areas east of and close to the existing underground mine, (refer RNS announcement 12 May 2022) with the latest phase stepping out on strike to the eastern boundary of the mining licence as well as to the west of Kilimapesa Hill.

AND

The third batch of RC assay results are due to be delivered to the laboratory in the first week of June. These will include samples from holes on the western extent of Kilimapesa Hill and the mining licence.

CONFIRMATION 700m of strike length NOT used in the MRE and Batch 3 results were never released AND used in MRE.

Mickey very true, I was just getting in before the big maths sums start appearing lol

The reality is we sell gold once a month, some months the POG is high and some months it's low. Same with the production side,so we have to take an average POG & production for the year to get a truer picture.

Otherwise when the updates and financials come out , they'll be miles different in what the market was expecting.

Realistically the gold price won't effect us for months. If they've forward sold gold it could well be at a discount but it's better than dilution, the market doesn't like dilution.

Producing asset

Is going to be fun, I'm expecting the financial situation to be sorted leaving a war chest in our deposit account for another product asset.

Terminology changed after the appointment of Franck Bizouerne as Group Mineral Resource Manager, effective from 1 April 2022..

RC drilling has the advantage of being able to see a fair bit of the contained gold before sending to the laboratory. for measurement.

Exploration could be another 2years worth of drilling long way to go yet.

I'll give you clues to the whereabouts SMZ:

The known resource is the Datum reference point for the maps.

The compass points to North.

SMZ is a potentially 7km strike length.

Financing will come before updated MRE.
Over $10m and we're looking at a new producing asset IMO

They are out of funds this month no question about it. The building of the new laboratory would have been a reckless decision without funding in place, so we'll definitely hear something on the financial side in October.

October is crucial, we'll be in a very strong position by Halloween.

All the finance, exploration and production stars have aligned.

The only question remaining is how much for each of them.

We need this finance sorted otherwise it's more of the same.

RPdard, that's really interesting because he's one of the few that's in a win win situation, he cannot lose out here.

So for him to up his estimation from 2m to 3m+ can be taken as confirmation they've found a lot more gold.

Not surprised we ended down as we've ended September not producing very much and have little funds left.

October will be crucial and most likely a catalyst going forward.

RM knows all about cashflow as it hasn't ended well in the past for his associates & him. it's looking like lessons have been learnt. So I'm banking on Paul Reeves delivering funds. Depending on how much could affect the portfolio of assets.

MRE needs tidying up with more exploration results adding. I'll leave that there.

Production should see a plant come on stream therefore uptick in production.

The future growth will largely depend on how much commercial investment they can attract. If it stays like same then it will be volatile and dilutive for pi's.

Lol it's not £17m at 1p.

Kisbey- Green/ Brewer are inline for a share of another 50m shares soon.

Suedee5, it's 60% to get back to 1p from here and 100% from 0.5p.

It's been a disaster for most who bought in and held hopefully only temporary.

Suspect they're working an iceberg through. The volume is so low lately the drops not making sense.

I must admit I thought 3p by the end of the year was easily achievable but that's 350% higher than today and anyone buying in this range will be part of the churn to get there.

Realistically were going to need a hell of a lot of good news in this climate to get near it.

We know the future is they want to get production to 50k and by that time they'd only get 3 or 4 years so there's plenty more gold to come into the resource.