Member Info for deckchair66

i would like to hope that the good news continues to roll in next week hopefully on kalaka.

in regards to a potential early settlement, i think with these guys you have to use everything in your ****nal, or show clear intent you will use it, no ifs no buts. ( spin out to raise cash).

We haven't actually spun them yet

Plenty of buys..

I would have thought Mark was in London for more than an rns.

Especially in the world of zoom.

Maybe he has headed off to WA...

Https://youtu.be/heSGLojeH7g?feature=shared

Just listened to this one again on Kalaka about 3 months ago..might be hint in there about expected results due back soon

Just noticed we are up 4% ..

-3.85% on about £3100 !

Lets hope it's to write an RNS or two!

Ps 19.53 post @ Gallmat...you lost me sorry..

I would like to believe they settle before the panel is formed, to make them look good!..ie within the next few weeks...wishful thinking perhaps!

I think ( 190945) from previous posts on here..the courts have put strict timescales in place to stop the ducking around/delay tactics that have historically dogged the process..but time will tell.

My own thoughts on 1/3 payout ...well it should all be based on the strength of the case presented.

Yes @ Gallmat very interesting...I put ..Chorzów Factory case. Is this used in arbitration cases, into Gemini, amazing how it's still being used today .

Copy that Gallmat 👍

Expropriation

Yes..time of exploration..but wasn't certain if ...time to mining ( ie 2/3years) and production there on so forth can be included in the figure?

No better time than to be invested in anything to do with profits from gold!

Million bucks could not be a problem soon...

The Bido Project is an exciting gold prospect for the Company that is maturing as gold prices push through US$2400 per ounce. The Company has been actively exploring the licence for several years culminating in a focused drilling campaign. The three drill fences will test targets selected by their coincident geophysics, visible quartz veining and orpailleurs activity.

As previously reported, the Company continues to advance the potential restructuring of its interest in its West African gold assets inclusive of funding for both this drilling programme and advancing these assets going forward."

About the Bido Project

The Company has now completed the earn-in obligations at Bido in Burkina Faso and now owns an 80% interest in the project. The Company may acquire the remaining 20% by expenditure of a further US$1,000,000 on exploration and development within two years, subject to the vendor's rights of a buy-back right of 1% interest in the Tenements and Associated Rights for the price of US$1,000,000. A royalty will be payable to the vendor on all minerals produced by exercise of rights under the tenements which shall be calculated at the rate of 1% of the net smelter returns (NSR) on all minerals extracted from the properties pursuant to the tenements, inclusive of any withholding tax (if any) payable in respect of those royalties and shall be paid quarterly. Payments via the NSR will be capped at US$3 million in total.

I think I know what your getting at Pk!..luckily ( at my age anyway) time seems to go very quickly 😂

All I remember is Mark saying something like, steady news flow, and sh wanted action not words.

Though if ..(big ducking IF!) the GoI have come to the table maybe there is a plan B for WA...just my thought though.

Hey Bash...only guess work really..but a realistic early settlement figure I suppose.

If it goes all the way then we might all get mega bucks...but who knows!