Member Info for Benhowell459

1.4 million tonnes for a maiden resource estimate is not bad. @0.44% it would appear they are hitting very similar geology to us, maybe more gold though. (pure copper play simpler to process though according to CB?) They do have other targets apparently according to their RNS but then again, I wouldn't be surprised if you could find 10 porphyries on our 4 licences. We really have only scratched the surface of the area. (Slightly separate note - I'd still love to see geophysics of the other 3 licences before being given away)

Main point here re cut off - I agree Steve, 0.16% cut off in that isolated area is extremely promising. If it's good enough for Solgold to include low grade copper, then it should be acceptable for us to include it. One caveat -I do think we need to see the results of the metallurgical study to support such a conclusion.

I will add: all 4 buys within the space of 2 minutes 8 seconds and with a spread of less than 0.01p or £0.0001. Great timing.

I wish! Double my holding (built up over 2-3 years) in 4 quick clicks. Great buy.

*sorry Rebus - terrible autocorrect!

I agree Rebater - first thing I noticed was Tim's eyes flicking left and right. I think he started off too quickly so the best bits were when he was interrupted and forced to slow down. From 3 or 4 minutes was much better. All in all quite positive and nothing to change anyone's outlook if they are currently holding.

That is a huge intercept. Who knows, we could get something similar in between Ascot and RC. (If we did, I'd have to beg borrow and steal to buy more of these golden tickets).

The only downside to Filo is there location on the Argentine- Chilean border. Think we're better suited to getting a large scale mine up and running!

I also am worried we are not properly exploring Ascot and the area between Racecourse and Ascot (never mind Footrot and the other potential targets). Hopefully that assay has tickled his geological taste buds and he wants to find out more. Not averse to spending another 3-6 months drilling out Ascot /in-between to get 50% more in the buyback. Seems a no brainer to me. 20p in June or 30p in December? (NB: these are low estimates and assuming no delays/positive assays and swift negotiations. (Unlikely)

Two interesting questions have come to me reading all of these posts.

1. What will AA investors think about buying back a deposit for 150-300m when only 10-15m was spent on it. It does beg the question why didn't they do an IP and EM survey at the very least. (and yes I know they sunk a few holes into footrot and appreciate they didn't want the risk). It just seems ridiculous that they didn't do more exploration and now will pay the price: 50 times what they gave it away for?

2. If we sell EL5574 (?) back to AA for say 150m and keep the other 3 licences. What's to stop us surveying the other licences, spending big proving up deposits and then selling those on to others. Many have mentioned CB approaching twilight years and wanting to sell - do those people mean sell the whole company then? Will AA want to negotiate buy back options for the other 3 licences? Or negotiate a price for them along with Racecourse/Ascot licence (what value to they place on them?)

So many questions that we will find out in the next 12 months but invariably are being mulled over by CB, Quentin, etc. behind the scenes at this moment in time.

The guy did nothing for Xtract. Assays and model proving 2MT are all that matters. Nothing to see here.

With hard data, I feel you may be buying at 10p+

Colin has given many hints with his buy at 3.5p, the new discovery at least the same size as Racecourse and many many positive comments in podcasts and interviews. The signs are there, dots need to be joined granted but the way to multibag is to have faith before the herd arrive. They will arrive when it is spelled out for them (ie. Hard data) as they aren't capable of joining the dots.

I think we definitely have 2MT+ with Ascot, especially if we use cut off of 0.15%. 0.25% cut off may well be less, 1.5MT perhaps. The copper is definitely there though.

I could only get a quote for 5k shares on my broker. Someone in the know about tomorrow morning?

"It's a big one, Zac!" - almost every podcast this year :)

My personal favourite part was the time we were talking fruits having moved on from the sideways cigar. Then iceberg getting the credit for the cathedral comparison.

In all seriousness, it's been an incredible year. CB has done fantastically well to progress this project and ensure such professionalism with the guys in Oz. I'm feeling very confident about 2022 and CB leading the way.

I think there has to be some sort of communication from PIs that this obvious manipulation is not acceptable. I would very much like PH to be called out and see what the BOD say about such activity.

I'd be keen to see how many PIs (IE % of the company) would express their frustration. There must be a way we can table a motion which others can support etc.

Same. 4.94 for 40k. Was waiting all of last week to top up below 5p and almost gave up and accepted 5.3p. Somehow I knew these cheating good for nothing MMs would unjustifiably drop the sp for absolutely no reason. Disgraceful.

People talk about MMs needing to make a market. If no one wants to sell or buy for an hour or two, why can't they put their feet up? Why can't the sp just stay static? Many AIM shares stay level for a while on little trading.

Some excellent post this morning - makes for interesting reading, so thank you.

I'm still of the opinion that PIs and institutions should, in theory, invest in our groundbreaking science, which would make them millions if it comes off. If any PI or institutions are put off by our penny share image, rather than impressed by the incoming news, then more fool them. They can look back on their decision with regret and wonder why they missed the boat. The boat is currently honking its horn, ready for departure. Just some people don't like the colour of the vessel! Bring on 2022 with all the excellent ventures in the pipeline.

Howezap, thanks for posting the link to the September podcast. I note that Colin said we are "production ready" several times. Would be nice to know how production is progressing? Has it started or is it like the "imminent saga". Pretty hard to pin down someone who says something is "ready".

Zak goes on to say we are almost two companies in one. Eureka PLC and Bushranger PLC. Colin, I'd love an update for Eureka /Africa PLC please?!

I've been trying to buy 30,000 shares all morning and the ask has never been below 5.05. There is not a chance in he** that someone managed to buy 1million shares for 5p. It's a sell.

I would agree with you there Spurs. We have had this conversation before and previously many were vehemently against it. If a big pharma wants our product, they will take it forward through clinical trials or make a bid for us a whole taking into account our MC. The number of shares in issue is completely unimportant.

In my opinion, there is no benefit to consolidation but plenty of downsides. It costs a pretty penny and gives MMs more room to take the sp down. I wish the BOD and NEDs would just focus on selling/licencing out our science, rather than trying to make our share price and shares in issue more attractive to institutions. Our HNWIs seem to have no issue with our current situation!

great timing 1 day!

My broker was NT to buy - obviously not speaking for all brokers.