Member Info for Chuteless

Afternoon Cyrox , looking at that interview and the mention of $210 I think she was bugging up the max end ie measured but it will still be a major berating for us. Of note that I believe both Marc and Dr Wilson are in Canada this week so a Monday morning RNS would not be out of the question

Chute

LOL ;)

To be fair looks more like a sell at that time

16:13 buy at 0. 29799

Sells at 16:25 0.2826 &

16:23 0.028201

Maybe the CLN holder selling out some of the £400k from Feb , nice little earner

Also seems to have slipped under the radar, in the Q&A session when asked about newsflow he stated that news on asset sale is expected before the AGM so likely within 11 working days

Chute

On another note I was expecting a RNS on the 45 day CLN lock extension but thinking on it was a unilateral option for FCM and technically already announced as may be utilised, not sure they need to announce it again but we might hear more on Tuesday , expecting an TNS on Tues morning to give him something to play with at the presentation, possible next assays, clarification on financial status or announcement of next field season kick off

If I’m not wrong , I think what they were implying is if you turn/roll the core so visible gold is on the right then draw your line it assures it goes to assay. So is there an orientation set for the core coming out of the drill ie always 0 degrees marked on exit from drill for each section?

Yep think year before was partly due to timing of asset sale to 79th group

Aren't we due Financial report by end of play today or shares suspended?

Yes meant to say available

Aye but there is a 45 day extension so well into June before they get that rate

I wonder if we’ll hear about extension on CLN lockout, I think first 45 days ends next Thursday, unless asset sale is completed before than, with this volume it wouldn’t seem as if the sale is immediately imminent

Silvermoon made a good point last week or so

“If you look at the map, hole 0014, the one reported to have commenced drilling in the 25th Feb RNS, is back up in the hole 009 and 008 territory. Both of those had big issues with drilling. Maybe similar issues are causing delays now”

Seems to me to be a reasonable probable assessment

I think it refers to the second visible gold announcement visible gold seen in two different areas of the core so three areas in total

Over subscribed , offer extended to £400k raised

Its gone a bit quiet on the drilling front, timewise I would have expected the 11 holes to be completed by now.

I wonder with "all holes so far hitting the package" it would make sense to take up the option of the extra 500 m / 3 holes to extend the 250m to 350 m

IMHO it’s positive as CLN holders wanted to convert into shares quickly , maybe they expect a rerate to surpass any 125% repayment as per the deal . I’ve still got a feeling the company secretary is in Canada for a reason, wouldn’t be surprised to see them both visit Toronto financial district before flying home

RNS and pics to confirm it 👍

Depends on how long you've been away ;)

Anyone else curious as to Siddharth's trip to Canada ? as far as I know hes not attended PDAC before, just a jolly or more to do with his role within the company and potential asset sale ?

from the website "Siddharth is a corporate professional specialising in governance and cross-border transactions"

We are definitely within the window to close any deal

At least drilling has started again on time with hole six of eleven started .