Member Info for Drewton

My interpretation is

Maiden drill programme”

This was the first-ever drilling done on this prospect (the Juno target).

It’s an early exploration stage.

“Both holes successfully intersected the targeted rock sequences”

The company drilled two holes and hit the types of rocks they were hoping to find

For example, the same rock layers or structures that are known to host gold elsewhere in the region.

This doesn’t mean they found gold yet it means that the geology looks favorable for gold mineralisation.

“At the right depths as planned”

The geological model they used to plan drilling was accurate.

The rocks appeared exactly where their geologists predicted.

That’s a technical success because it validates their exploration model.

“Meeting all key technical objectives”

All the data-gathering goals were met; such as confirming structure, rock type, alteration zones, or other indicators that support further exploration.

The “small explorer” referred to appears to be an unnamed / small ASX-listed junior (KEFI’s own Q&A refers to “the £1M ASX junior buying a Hong Kong company which owns exploration licences near Tulu Kapi”) rather than a company that has proven title to the Tulu Kapi licences.

KEFI’s position is that KEFI (through KEFI Minerals (Ethiopia) Ltd / TKGM) holds the Tulu Kapi licence(s) and that any third-party title/claim issues are being defended — recent legal claims relating to Tulu Kapi have been dismissed.

Good to see you have woken up after two years slumber .. you've posted a total of 32 posts in two years .. 10 of which in the last week or so

blocked!

If Omar reads the LSE chat board ..

then he may appreciate that his comments on X does not help his credibility as a CEO

The drilling by Greatland Gold plc at their West Dome Underground target (part of the Telfer mine area), the drilling programme completed in the December 2024 quarter and the results were announced on 20 February 2025.

The elapsed time between completion of drilling and making public the assay result release was approximately 2 to 3 months.

The good thing .. is knowing how to play this ..

There's a full history of how a similar situation played with others to enjoy .. so the whole history can be replicated and any investment returns maximised ..

I have been in / out a few times .. made a small profit .. and I'm back in with a £1,000 punt based on a favourable assay report on the Juno drilling (currently £200 down!)

What made me invest and take a punt? ..very simple .. was the credentials of Callum Baxter and his experience as an exploration geologist ..

Certainly nothing to do with Omar Ahmad .. aka .. the ValueAimTrader .. who in my view comes across as very naive and unprofessional

that's my twopenneth

Why ?

so much potential ?

I'll be frank and open .. I like the approach of Callam Baxter and the experience he brings .. his nose for gold is something that cannot be valued yet despite the matter of fact of RNSs .. GEO is down?? just why??

My view is that KEFI do need to up their game on their messaging via RNSs

Telling investors (and potential investors) that time constrained matters will be achieved by a given date .. then not achieving them is not a good look

onwards ..

For those wondering who / or what the Oromia Sovereign Fund (OSF) is.. It is a state-controlled investment vehicle based in Ethiopia’s Oromia Region. Here are the key details about who they are, what they do, and why they matter. The OSF describes itself as an instrument created to “consolidate and strategically manage the economic assets and state-owned enterprises (SOEs) of the Oromia National Regional Government.”

OSF’s mission is to transform the legacy portfolio of regional State Own Enterprises into a more commercially-oriented, investment-focused holding structure: “a disciplined, performance-driven, and investment-focused holding institution” rather than just a portfolio of under-performing companies.

Exactly.. that friend of a friend .. who’s brother’s uncle has a sister … who knows the 3rd cousin of an Egyptian who knows a bloke in Ethiopia…

on point

:-)

Obviously with the minimal (-ve) movement of the share price today ..

This means I am now forced to defer placing the deposit on my mega yacht purchase until Monday ..

:-)

have a good weekend ..

The GEO Juno project has the potential to be similar in scale to the Havieron project based on geophysical modeling, though its success is not yet confirmed, as it is only in the initial stages of drilling.

GEO Exploration has benchmarked Juno against Havieron, with modelling suggesting its geophysical anomaly is several times larger than Havieron's, and drilling is currently underway to test the target.

Similarities in target:

Both projects are targeting intrusion-related gold systems (IRGS), and the geophysical data at Juno, including gravity and magnetic anomalies, is consistent with the type of mineralisation found at Havieron. Potential for a larger system: According to the company's modeling, the geophysical anomaly at Juno could be four to five times the scale of Havieron's, suggesting a much larger potential mineralised system.

Current status:

The Juno project is in the very early stages of exploration. The first drill hole began in September 2025, with drilling planned to test a 4km by 2km geophysical anomaly. Uncertain outcome: Despite the promising indicators, the potential is not yet guaranteed. The outcome depends on the results of the ongoing drilling program, which is designed to test if the geophysical anomalies are indeed mineralized.

Me? I'm IN

Presumably alluding to favourable assey results? .. but we don't actually know do we? ..

as you say a it's a bullish tweet .. I'd prefer silence tbh .. less is more .. let the company be judged on its merits / results / content of formal RNSs

Quote

" ... #geo really proud of the progress we have made as a company and please stay tuned to RNS announcements as the story keeps unfolding.

Creating significant shareholder value is our focus. ..."

https://x.com/ValueAimTrader/status/1978821596585349317

I'm looking at the trades and thinking .. wow .. people are now buying and getting half of what I have for what I bought in for

breakfast table discussion ..

Q. Donkey > are you selling half and free riding ?

A. Shrek > not this time Donkey .. not this time

Https://x.com/BabarRasool/status/1978414242928722331

But but but

Mr Humble would disagree

lol

There’s roughly 356 miles between Haverion and the Juno drilling is taking place

GEO says the Juno project is ~100 km south of Paraburdoo.

Paraburdoo coordinates used: −23.2042, 117.6697.

Greatland’s Havieron is described as ~45 km east of Telfer.

Telfer coordinates used: −21.7226, 122.2094.

Converting those descriptions into approximate coordinates (Juno ≈ −24.104, 117.67; Havieron ≈ −21.7226, 122.6464) and calculated the straight-line distance = ~574.3 km (≈356.9 miles).

Both are in Australia

;-)

If I didn't know better ..

I'd go as far suggest that there's been a bit of pressure and increase of the share price after 2:30pm (US opening)

Imagine that eh?