Member Info for Bebeto

I'm not expecting them to go into full production for another 4 months. The big question is how much of the estimated $40m future production will be forwarded to the company now and what are they going to spend it on?

I think you guys are just looking where RM wants you to look!

The heap leach will only represent half of the future production.

The key to everything is the exploration side on how much / the grade / depth how accessible, gold there is.

Lower grade to heap leach, higher grade to the mill.

Their MRE is the biggest clue because the numbers do not correlate. It's not the measured or the indicated it's the inferred and it's out by a country mile.

They've cut it short and the reason they've cut it short is because there's a lot more gold there than they're letting on IMO.

In their haste to put out MRE they had forgotten to factor in the total volume was 130% larger than the previous verified MRE.

JC I think they should have listed on AIM and not the main market the company clearly needs a NOMAD to help guide them.

The MRE they put out looks wrong and needs independently verifying. The sums doesn't tally with the original verified MRE.

JC it's very frustrating but getting news in a format that is deliverable is a load of rubbish.

Clearly as they haven't released any drilling results since June whilst continuing drilling can only be interpreted as a positive sign.
Financing side no one is going to lend out any money without the company demonstrating they'll be able to pay it back.

It's a mixed bag and I think the company's actions seem very amateurish at times.

Anyone notice this RNS today?

SP finished 54% up because this is how they should do it , results first then interviews later!

https://www.lse.co.uk/rns/ORR/bibemi-phase-4-drilling-results-z5lhm4c10edknha.html

I don't even know if that's good enough? 1 director of 7 bought £40k worth of shares 5mnths ago doesn't sound very convincing.

There's only so much tweets and interviews you can do before people want to actually see results and that's where we are.

I don't see any directors buying so something has to give and currently it's the SP.

I'd like to see them courting corporate investment but doesn't look like it's going to happen anytime soon. The market is pitching where the company is right now. Without credible results there's no where really for the SP to go.

Where's all the drill results?

All this spending they are doing recently, something must be brewing

We finished blue

The company is just over a year old and you don't know what the IPO was mmmm

My biggest concern currently is the home made MRE because if it was a verified MRE I don't believe the SP would be in this range.

We're going to have to hold onto your hats and see which way the wind blows because all the IPO locked shares are now unlocked

Rapidly turning into a shambles such a great entry price no directors are buying!

They need to deliver it soon because I'm pretty sure they're running on fumes

SP is a joke what's going on?

There's something not right if we're back down at these prices

Decent RNS today all gearing up for a grand finale to 2022

Agree happy to wait until all the work is complete before looking for productivity

Someone's been loading up today!