Member Info for Bebeto

So we know the old MRE is from a 1.2km strike and the new MRE will be from a 2.575km strike but could it mean they've doubled the gold?

From previous MRE:
A JORC-Compliant ore resource of 531,631 oz at an average grade of 2.43 g/t at a 1 g/t cut-off has been declared at Kilimapesa Hill. This covers a 1.2km strike length over the Kilimapesa Hill target area.

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.

Looks like they've more than doubled the strike length.

Here's the previous MRE

https://www.globenewswire.com/news-release/2012/06/27/1597248/0/en/162-Resource-Increase-at-Kenyan-Gold-Mine.html

Correct Trek and AISC is $1200-1250

Everyone should email them as it's only pi's holding now!

I think the only thing investors can do is invest in companies that will come out of it quicker and stronger. High CAPEX low OPEX manageable debt and decent cash flows.

Well done those who didn't sell. I think we're in for a treat tomorrow and I'm also looking forward to the Investor evening.

Getting excited now the updated mineral resource estimate is very close.

Looking forward to seeing this updated mineral resource estimate. They have 83 drill holes worth of information to update it with.

Looking forward to seeing the updated MRE and quietly confident it's going to catch all the sellers out!

I can't see a printed uncrossing trade for the whole of last week.

@itsyou yes you are correct on the drills but I'm referring specifically to the samples because it costs money to have them analysed. The RC samples looks more like chippings if there was no presence of gold then it would be a waste of money to send them.

Batch 2 contained 801 RC samples and 192 DD samples and they released 7 RC and 1 DD results.

Would you send that amount of samples for that result ratio? I suspect they are all containing gold at lower amounts and the combined numbers are viable.

Secondly with the dozen or so drill results already released it wouldn't take long to update the MRE if they were the only results. I suspect the drill sites are laden with lower grade gold which can add up to be a significant amount.

I think batch 3 includes the mother load expecting MRE to push us passed 1.5m Oz group resource.

@itsyou it's confusing and you're probably right regarding DEM.

But compare Q1 presentation with today's.

Q1: DEM – Deutsche E Metalle AG (Germany) 11.6%
Orca Capital GmbH 9.32%
Goldplat plc 9.12%
Board & Management 21.07%
Other 48.89%

Today's: Hargreaves Lansdown Stockbrokers ENG 15.84%
Heiko Thomas DEU 8.37%
Interactive Investor Services Limited ENG 7.56%
Jarvis Investment Management Limited ENG 7.44%
Halifax Share Dealing Limited.

As you can see they can't be compared very well , are we to presume those not present from Q1 have sold (including BoD and management).

Transparency is important and this is clear as mud

@itsyou

Admission document says Heiko Thomas holding 10.85%
157.2m shares from 1,448m share count.

Today's presentation says Heiko Thomas holding 8.37%
157.27m shares from 1,878m share count.

@ID78 Heiko Thomas still holds the same amount if not slightly more shares.

Next week's mineral resource estimate is going to increase the company's asset value.

Updated mineral resource estimate by end of month with more drill results due too

@ID78 I'm just pulling your leg ;)

Looking forward to seeing the upcoming results and mineral resource estimate along with all the other progress being made.
It will be like a new company going into 2023. Shanta gold is a really good comparison even though their AISC is $1750 per Oz we shall be in comparison over half as the same with production and total resources . Comparably they're worth 5.8p so we'd be worth north of 2.9p by end of year.