Member Info for Benhowell459

2 lots of 100k sells while we have 2 drills spinning. Either someone really needs the money, they have no idea what they're doing or they know something. I'd prefer the former two options.

Yep good point iceberg about time taken to update. Thanks Millsy, fingers crossed CB and the team can get everything starting on time.

Fingers crossed we get approved quickly and Colin can get drilling...

I'm guessing that will cause delays to phase 2 then? We can't drill if we don't have the licence officially in our name...

Completely agree howezap. Haven't sold a bean despite the depressing slide. Very much looking forward to phase 2 and getting somewhere near 2MT which would be worth at least 5 times the current MC, not even considering African assets. On that note, (like iceberg) I'm quite looking forward to hearing more about the IOCG target at Eureka and the high percentage sections they have there. Haven't posted in a while as busy with work and end of year reports (guess the job!) but check in here every day. Quite quiet atm but hopefully interest will pick up as soon as news comes in in the next few weeks...

Evening all,

First and foremost, thank you to all the LTHs for their research over the years. Only been holding for a year but check in here pretty much every day.

Quick question, when Boris mentioned "Covid pill by autumn", does anyone know of anyone else that that might apply to? In my rose tinted glasses, he means Sareum! What are the chances he knows of our work? Also what are the chances Sajid knows about us, only a few days into the job?

Thanks
Ben

Sensible money waits for the visible gold in Lawa. Won't be selling at a loss before I see those grades!!

Value finder, that is a very inaccurate post and "it went down" is a terrible description lacking all sorts of context.

OMI's results were these back in Feb:
· High grade gold intersections - 21.6m @ 6.02g/t Au, 12.25m @ 5.39g/t Au and 4.35m @ 2.53g/t Au.

At the time, their share price had been pumped to 38p, equivalent to over 100m Canadian Dollars, more than £65m. Our MC? £12m. I appreciate the results aren't as good as theirs but they were trying to justify a MC 5x more than us.

Haha I think you're right! Their reputation precedes them! But that's another topic for another day.

Porto was absolutely beautiful and because it's on the coast, much cooler than inland. That was an absolute godsend as we had a day trip to Guimarães and we absolutely roasted in 35+. Guimarães is well worth it on the train or by car but check the forecast first! A nice castle and lovely ancient cobble streets and cracking restaurants. We went to one of the Port distilleries and got rather tipsy one evening which was good fun. Great fish restaurants down by the port and the beaches are nice too although the water a bit cold. Fingers crossed we can head there soon! Sorry for the off topic!

Silver, my partner and I went to Porto last summer and thoroughly enjoyed the incredible food as great prices. I feel very sorry for the Portuguese as they are very hospitable, respectful and organised. They have been screwed over twice now by the UK - such a shame they are so reliant on British tourists! Can't wait to get back out there and smash some pastel de natas.

Half a page on Prince Alfred at the begining then nothing else thereafter. Maybe that initial information is all they know! Looking forward to the Q&A!

I'll go for next Wednesday!

Haha no worries RVD. Just let me know when you plan on selling them and knocking the sp ;)

I'd like to reiterate the thanks to the regulars on here. I haven't posted much as I am much more overweight in XTR but it's a pleasant board with good research and knowledge aplenty. Bring on the assays!

I dread to think how small he would describe my holding haha. It's all relative though I guess..

Great find. TL Happy to come on the show after assays shows a bit of positivity!

Mardei, I do think the 110k is a considerable amount bearing in mind he could have chosen to invest that amount in any of his other 3 companies. But he didn't, he chose Xtract.

Also, if we're quibbling over the amount of investment, as CE said, this is not a meagre sum.
Another of my miners, ORR recently had the CEO buy some shares on the open market. Did he buy 50k's worth? No, by comparison just a paltry £5k. I am grateful CB has shown a solid amount of confidence in the mid term future of XTR by putting his money where his mouth is.

I've just been having a look at the Iamgold website and there's no mention of Oriole. Under joint ventures, they have information about their staggered earn in of vanstar's licence so why shouldn't senala be listed?

Any ideas as to why? They want it to be blockbuster news to shift their sp? They don't trust senala? What kind of games are going on here? They are in year 4 for crying out loud!

Yep there still seems to be some confusion over this.

The April 2020 presentation states the AA buy back option is for EL5574, which Footrot, southern intrusions AND Racecourse all lie within. If we trigger the 2MT, then AA get all of that.

The other licences, whilst potentially having the same geology, have been completely unexplored.

I wonder if Colin would like to do some basic surveying of the other licences to have something post buy back? Part of me thinks he'll try and sell the whole company rather than start again with IP surveys, stage 1 drilling over again, etc..

With a 20k new money max per year into each ISA, I doubt they could bed 50k in one swoop...

Completely agree Kutz. When I saw thew 100k GBP purchase, I was sure it would pop up and prevent me from averaging down. Ridiculous how it hasn't moved.