Member Info for deckchair66

Ommpl mining i think ..sorry at work no time to check

Don't forget; not least Mark's experience in resolving matters like ours, but also Faskin's..

Blooming heck! What a find PK !

From a Bido rns 2022

Line 20400N in the Beredo area is indicative of the pole-dipole survey in this area. The B12-13 anomaly identified by the survey corresponds to a target where rock sampling has returned multiple gold values over 1g/t Au over 1 km strike length including:

· 6.8g/t Au

· 10.9g/t Au

· 6.2g/t Au

· 13.6g/t Au

· 13.4.9g/t Au

· 20.0g/t Au

Leading producers of gold in Mali are B2Gold, Barrick Gold and AngloGold Ashanti.

These are the main mining companies operating in Burkina Faso:

Endeavour Mining (4 mines)

Iamgold Essakane.

Fortuna Silver Mines Inc. (formerly ROXGOLD)

Nordgold (2 mines)

West African Minerals.

Orezone.

Trevali.

Haven't GGP got about 10 billion shares out there?

I am sure in just read posts about Ggp here..or am I going mad!

@ magoo..you maybe right about Bido , however in the previous interview I recall Mark 'bigging it up'.

Noted we are funded to the middle of next year..so depending on claim amount & market reaction..abit more dilution along the way might not be too hurtful.

Also the mystery is still WA.

Need to get on with issuing the statement of claim...that should do the trick.

I think it was 2 x payments that = about £60 million or something similar..I know they paid first instalment

See Bhukia Auction rns.

However a whopping 65.3% of mined gold is going into local government coffers. 7 million plus plus ozs @ whatever price you want to use is for gold is massive.

What did a government offical value Bhukia at...$1 billion..🧐

Yes great article..but 130,00 carats of rough diamonds value $2 million or so?..

By the way, Kankaria-Gara* which was the second mining block to be auctioned in Rajasthan) as far as I can tell is still held up due to 'uncertainties in the process'.

Gives me hope for early settlement.

Depends ..might be longer than that.. but hopefully after the claim drops we see a decent movement north, with the option to top slice .

Don't forget India can settle anytime..when they see the size of the claim, they might get their hands in their pockets...who knows!..

Well , keeping the spread high, I suppose means mm's are in rush to shift their shares this week.

Few bits on PAT,s twitter ( X) account yesterday.

Hey, interesting stuff in last few posts.

( I am a pat holder but obviously keeping a keen eye here).

I think Shearclass posted on pat some time ago that the interest would cover LCM..or there or there abouts.

The interest payable debate is interesting, quick Google tells me if a dividend ( special dividend?)is paided into an isa it's not payable, but again not advice & I too need to look into it more.

The 'Highest Final Price Offer' of 65.3%, as payable to the GoR, refers to the percentage of value of mineral despatched each month multiplied by the sale price of the mineral on the month of despatch as published by the Indian Bureau of Mines. We note that the Geological Survey of India ("GSI") has reported a mineral resource of 7.15 Moz of gold with a calculated inground value of US$16.7 billion based on the closing gold price of US$2,329/ounce on 24 June 2024.

I think you are correct Ed..but i just copied this from the Bhukia auction rns

@ Gall it was by no means trying to calculate a figure...read between the lines....just showing it obviously going to be big!..that's it...and even if you divided £3.5 billion again by 2 , then by 3 ( ie 1/3 payout) it's big..that's it..