Member Info for Beetroot

Could be yes, but they have been identified and the twitter video implies finding targets, i.e. more.

JC twitter, looking for drill targets at TR.
Why ?
Prospect even bigger yet ?
Found more blows ?
Something brewing...

JC posted a link to a presentation from a month or so back which most of us well have seen at the time, but this link skips the bulk of the presentation and plays from the conclusion... in summary, Thorny River is potentially huge, of course But the line that jumped out to me this time... '...requires patient shareholders'. I think he's sending a message.

A decent amount of cash has already been raised this year via two issues.. it could be that the 150k payment has been allocated from those funds.

Totally agree, I'm loaded up.

Lots of buying today, practically no sells, but no price move. Big sell to be posted or shennanigans I wonder.

I appreciate that trying to apply logic or expecting transparency on AIM is pointless. But still, can't help but wonder.

Possibly JP.
I found it works fine on desktop though.

Slide 25, that's the one we want updating.

Of course the delay might simply be due to the complicated analysis involved and the tricky judgements required.

But it's too tempting to imagine that something else is brewing - if the delay extends much longer then I would like to see JC issue a clarification.

Thanks JP.
What's the trick with that website, I've never been able to either display a sideshow or download from it ?
I have registered, logged in, but it made no difference.

Yes, it's curious. I'm thinking potentially another partner / financier. He's there to reevaluate the tailings and spoils to estimate the potential fast return by reprocessing these, simultaneous to working to get the mine itself back into use.

So that Vast answer is just restating one of the conditions of the deal, and not actually saying that the finance is in place, or even in the process of being put in place. In my view it's a carefully worded answer designed to be interpreted as finance is in place, but is actually telling us nothing, and thereby casting doubt on the deal completing, at least as it is currently defined.

I'm fully expecting an announcement of either a delay, death of the deal (in its current form) , or a change of partner, or combination thereof.

The beauty of BOD though... it has plenty of other great assets and whilst Ghaghoo has huge potential, it is very far from being the main play here.

Looking forward to the Thorny River update.

From today's Vast Q&A RNS...

16. What is the status of finance re Botswana (and is it reasonable to expect success on financing given the ability to finance other assets?). If external finance cannot be secured, how will the Board proceed?



The Board has been clear that Ghaghoo will be financed through third-party, non-equity linked, financing and external finance in the form of a bank guarantee is a condition precedent for the completion of the acquisition.

Wondering why the is so often a difference and or delay in reported price, spread, years between here and other sites... such as adfn.

He does seem to be hinting that something is brewing.

On the other hand, where is the TR update. Hopefully he orchestrating that work remotely and an update on that is imminent too.

The question is, why is he there and is he alone, or perhaps showing someone about... pure speculation, but the recent public statement that the sale is progressing well indicates
a lack of concern with the Vast situation. Vast do not appear to be in a position to complete the purchase - they have serious financing issues and the recent fund raising indicates that they do not have spare millions knocking about. So unless the have the cash ring fenced - highly unlikely, then is a plan B in progress... it would likely suit Vast to sell off their interest in Okwa. Just my musings.

James is at Ghaghoo.
Interesting...

HL and Halifax, but I would expect any major broker trading aim, loads out there. Is Degiro not trading any aim stock or just BoD ?

Clearly Vast have little hope of completing the deal. It makes sense for BoD to acquire Ghaghoo not just because of the mining potential, but for the infrastructure and its relevance to the sunland prospects. However, we'll need someone to step in for Vast.

It's all about TR at the moment and that is looking fantastic, but for me the long term attraction of BOD is the excellent collection of prospects and assets they have. I believe it has real potential to reward shareholders over and over again.

The trickle of small sells seem to be getting soaked up without any fuss !

550k at 1p plus same number of warrants at 2p.

Price is flat on that exchange though. Something up over here - they're an hour ahead of us so possibly there was a sell off over there after we closed yesterday. But this is AIM and all a bit murky.