Member Info for DanielC43R

Very sad to hear this news. Thoughts and condolences to his family and friends. RIP JT. Dan

Remember the AISC of $942/oz tony, so leaves around $900/oz with current gold price around $1860/oz but lets use $700/oz for revenue and use the 540Koz indicated and we get around £300M or 10x current mcap. Using my conservative calcs could give 60p/s assuming a doubling of the current shares in issue (financing, etc.). Just my very basic calculation and not investment advice. GLA, Dan

cheers Payday786, needed that to lift my current, very low, mood. GLA, Dan

AG1989 re. post 12:16 - my average is 13.9p so yes I would be one of the frustrated investors right now. Going from 265Koz inferred to 540.6Koz indicated and 268.7Koz inferred and the SP goes down ? From the Jan 2020 scoping study with AISC of $942/oz and gold priced at $1400/oz they got an IRR of 84%. 20K britannias /ozs is worth the current mcap with essentially 3x the mre as previously reported (Dec 19). I am baffled with this SP reaction tbh. I do get the delay of up to 6 months for the DFS though being a bit of a negative. GLA, Dan

cheers Bamps for the figures -all for a fraction of the ore body on one of many GGP tenements. GLA

wow,bit harsh.

thought I was being stupid for a minute - those are not results just widths and depths. Weird RNS, maybe a correction to follow ? . GLA

Are you looking for AIM only Sandy ? Cobra and GCAT are Main but promising. AIM potentials for me short term are CORA (resource upgrade soon), UFO (placing just announced - so some pain eliminated) and KOD (awaiting licence issue). Not sure on timescales for EQT and RMM, but possibly soon to be in profit (maybe 6 months though). Just IMO not advice. GLA, Dan.

Welcome back Tilly. GLA, Dan.

Hello Timmomo. Agree and good point re: 10% (I will try to look into that). In relation to this site, I also have problems signing in and it jumping about all over the place. I partly blame the stupid adds and three for their poor signal in my area.

for Bridgedogg1 - you are looking at an answer of £10M. That is not the value of the project (initial FS values project at $1.4bn+), that would be too simple. You need to also factor in the 0.6% NSR too. This would be in excess of $8.4M. So Gorutumu and Triumvirat getting free money for doing nothing (no way would they be getting full value for their 10%).
GLA LTHs, Dan.

also (just reminding myself a little), from 5/3/21 RNS;
'· Kodal has now built a portfolio of eight gold projects in West Africa: Nielle, Tiebissou, M'Bahiakro, Dabakala and Korhogo in Cote d'Ivoire and Fatou, Nangalasso and SLAM in Mali.'
CORA has exploration projects in similar locations nearby, also with decent drill results, so hopefully more decent drill results to come in the future here.
Really like how BA keeps us informed on how the licence is progressing too - now at stage four (the final stage) as detailed in the rns from 4/5/21. Fingers crossed for licence before year end. GLA, Dan.

and the gold grades are decent too stephen11 as 11/10/21 RNS reports;

o 13m at 5.07g/t gold from 12m in drill hole NLRC035*

- including 3m at 16.33g/t gold from 13m.

o 12m at 3.14g/t gold from 21m in drill hole NLRC038

- including 2m at 10.79g/t gold from 27m

o 5m at 15.42g/t gold from 7m in drill hole NLRC032

- including 2m at 31.54g/t gold from 8m

o 9m at 4.33g/t gold from 86m in drill hole NLRC038

- including 2m at 16.88g/t gold from 88m

GLA, Dan

Nice update. So that could be an extra $56900 at the Sept. rate of 569oz/pm rate in the kitty going forward. GLA

Will there be a need for a small placing to cover this ($1.2M - approx. 300M shares) or would there be there sufficient funds left from the placing earlier this year ?
Either way, I still topped up earlier with 500K shares (average was 0.41p now 0.39p). Roll on that licence. GLA

Hope their figures become reality here, as with their figures for EUA. GLA

I make it about $48K profit in Sept despite all the improvement costs. Seems ok to me. Early days still and over half way to the 1000oz/pm target. GLA

Managed a tiny top up of 20K shares at 1.099p just before bell. GLA

Giantsquid - one bit coin is worth about £43k not 1.5x qbt mcap. Gla

cheers poorinvester. Found the rns 25/6/21. Will purchase through Numed. The work on filters might be interesting once we get some news, hope they have considered incorporating these filters into microbiological safety cabinets. The filters in those systems are routinely replaced and knowing that they have a pathogen killing layer would add to the safety of handling / disposal tasks. GLA