Member Info for deckchair66

Unless of course Gallmat, the GoI come to the table & settle up....

I am wondering if we get cash from them all except Kalaka..we use cash to the 10% we have option on ..so making it 30%.

Dfr use the money to develop the mine, we then have a nice steady income in a couple of years time or so.

See the details of spin out..if i recall correctly we where confident of 2 million oz and also confident of find another 1 mill at Kalaka...so deal must be good..i recall may saying they weren't worried about dilution for a confirmed 3 million oz...should be interesting

Will be interesting to

The only bit I don't understand..the northern area still not drilled ( last time it wasn't done because the rainy season stopped play).

There must be a good reason though I suppose.

Would be interesting to know the cost to get Jorc...

Some insite into ..'in ground gold prices'..

https://aheadoftheherd.com/getchell-gold-a-case-study-of-gold-in-the-ground-richard-mills/

Just an amateur guess i suppose before.

However

£30 is only about 1.6% of current gold price...

I have tried to find out what we chasing in WA.

'Panthera has referred to the potential to ‘realise significant value’ from its gold assets in the region.'

BIDO.we own 80% resources chased unknown assume 1milluon oz?

Kalaka we own 85% chasing 3 million oz.

Bassala we own 85% resources chased unknown.. assume 800000ozs?

Cascades I think we own 20% resources chased 2million oz.

I was reading that around $60 or about £45 per oz can be used for valuation on assests like Kalaka & cascades that are undeveloped but with some confirmation of gold in ground.

Back of a beer mat calculations and only using £30 per oz. Comes to around £130 million.

The Beredo-Kiekouyou Prospect (Figure 2) was originally identified from an analysis of historical data where a 2km by 2km anomaly with greater than 50 ppb gold in soil anomaly was identified, that work included more than 80 samples (5%) that returned results greater than 100 ppb Au.

Taken from last Bido Rns..tbh I had no idea what 100 ppb meant.

Quick Google tells, 50 is really good..100 is high priority

On the 29th MB said I think ,Bido info out in 2 or 3 weeks and something to watch out for, then I think it was to be closely followed by Kalaka..

Times ticking away for Rns on WA.

Possibly some of the potential news mark hinted about all rolled into one?

Drilling finished,

Some results of drilling,

Spin out/moved off balance sheet,

Zebbo!

Hey that's a new poster I think

Welcome Ze

Bb

Still expecting a bit of news on West Africa this week

5.8% of nothing.

My moneys on rns next week...given what MB was saying in last interview which u think was recorded on the 29th of July...

Yes!..big confidence vote from MM's to pick that volume of shares up in one hit!.

Definitely stocking the shelfs up for a busy period ahead IMHO!.

Yes!..big confidence vote from MM's to pick that volume of shares up in one hit!.

Definitely stocking the shelfs up for a busy peri

Shearclass normally has intel on large orders etc etc.