Member Info for briarbank

Banburyboy. I too lost a lot, believing and even supported AB on LSE since 2009 share chat. But RRR is now back down to this 0.46 when I had had enough last spring.

I should have taken heed of Mr Magic and Zumore 's comments. As for "Helpful" he must by now be loosing

I was the silly bugger who paid the last high at 8.00am on 18 Aug. I didn't expect to bounce back so soon.
Next SET OF DRILL RESULTS COULD BE EVEN HIGHER Au g/ton. But results so far are stunning.

SP CA. 0.46 ..BY END OF SEPT.
At this rate, it will be next week.
p.s. the last ime AB sold RRR shares, it was between the El Limon fiasco and Greenland.

Purpose? AB sold £40k to give to his daughter to put towards a house deposit

AB says "plenty of cash " Where from\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\? Only income is from JMS and El Limon royalty. Not nearly enough to fund admin.

Yes I left a SP of 0.46 , back to this by end of Sept.

RRR's Au g/tAu in Kenya et al No comparison........

· 49m @ 15.55 g/t Au

o including 8m @ 89.12 g/t Au from 99m in hole SC0484

· 32m @ 7.83 g/t Au

o including 4m @ 53.86 g/t Au from 45m in hole SC0488

· 12m @ 6.37 g/t Au

o including 5m @ 14.17 g/t Au from 95m in hole SC0485

· 32m @ 3.25 g/t Au

o including 4m @ 10.18 g/t Au from 72m in ho

49m @ 15.55 g/t Au

o including 8m @ 89.12 g/t Au from 99m in hole SC0484

· 32m @ 7.83 g/t Au

o including 4m @ 53.86 g/t Au from 45m in hole SC0488

· 12m @ 6.37 g/t Au

o including 5m @ 14.17 g/t Au from 95m in hole SC0485

· 32m @ 3.25 g/t Au

o including 4m @ 10.18 g/t Au from 72m in hole SC048

Papilion positive on buying Killi from Mayflower, and note PPHP indicate a company name change by late Sept. 2021

"Mayflower and Goldplat have specifically agreed to waive completion of the RTO as a condition to complete the Acquisition with the cash and share based consideration due to be made on the earlier of completion of the RTO and Papillon's reinstatement to trading on the London Stock Exchange under the proposed new name of Caracal Gold plc, or by 30 September 2021."

https://www.lse.co.uk/rns/PPHP/transaction-update-acquisition-of-kilimapesa-xqqd41l8ggd8qgm.html

Ref. RNS 30 April 2021
. In the event that Papillon is not re-admitted to trading on the LSE by 16 July 2021, the full initial consideration of USD1,500,000 will become payable in cash and will attract interest of 4% with effect from 1 January 2021.

INCOMPLETE

l consideration of USD1,500,000 will become payable in cash and will attract interest of 4% with effect from 1 January 2021.

3 days to go............for Papillion to list on AIM.

"The initial consideration receivable by Gold Mineral Resources Ltd ("GMR"), Goldplat's subsidiary, is in the form of a secured debenture of USD1,500,000, to be satisfied by cash and/or the issue of shares to that value in Papillon payable on Papillon's re-admission to trading on the LSE following completion of the RTO, with 30% (USD450,000) of the initial consideration payable in cash. In the event that Papillon is not re-admitted to trading on the LSE by 16 July 2021, the full initial consideratio£

You have to admire, Teflon AB, for fleecing another generation of PI's. We have had so many "positive" projects eg. El Limon/ Kenya Migori/Mcalder tailings/Greenland/s.creek/Steelmin etc. Just Kenya and Greenland cost over £20m, via share dilution leading to a 1:25 consolidation. Selling JMS shares from over 4% to ca. 0.6 now. Topay back 12% interest loans.
Today's RNS is very positive, but guess who is going to pay for drilling program and subsequent analysis of drill cores. More dilution. Oh yes the RNS mentioned under "further details" a licence to explore in the area that hosts Kilimapesa Gold treatment plant. But this is also a gold mine where the Kenya Gov. charges corporation tax of 30% . Politics cost RRR dear last time as they wouldn't renew RRR 's licenses. It took 6 years and multi court apps to get them back.

Last year details released RNS 28 April 2020
So can expect Q3 to March 2021 results anytime now.

Jan to Mar 2021 quarter results due at the end of April.

Goldplat selling Kili...........to:-

Mayflower Investments
https://static1.squarespace.com/static/5f4faf276217c27eb3470ca9/t/6033c8eab139980fcf1bfdf4/1614006509877/Caracal+Gold+February+2021.pdf

Deadline 31March.

Useful info posted TODAY by Kimboy2 on A***N

11:24 Can't really get the previous years eps to add up either. I tend to work from the profit anyway and we are on a p/e of around 4.5. Talking of profit I notice that the precious metals on hand has increased by about £3.8m, and judging from Werner's video most of that seems to be coming from Ghana. Given a 20% profit margin that should give a useful boost for the next quarte

Even the Analyst(s) conclude that GDP is improving and optimising operations. If cash or profit is king then annual profits for last year are near £6m. And the MC is £12m. Is it me or have the MM's have undervalued GDP big time.

JMS DIVI was £800 k but that was when RRR had over 1% shares, now only 00.69% . AB sold the diff. last year without a RNS,

According to Keyan news Kili will list on LSE .

Kenyan source looks positive for KILI to list on LSE. Ref ADVFN

ref. GDP share chat on ADVFN Looks positive for LSE listing Kenya source.