Member Info for earthling

we're not all expecting that news at all!

Some of us believe it will never come now!

Or another pump and dump ?

to keep us ticking over has to come soon, regardless of the main funding for production which is more likely to be next year.

Would be great if a third major took a stake re a short term placement at a premium.

We need this before the MRE3 or I fear the market won't appreciate it for what it is.

I have sent an email about whether drilling at BN has started but had no reply yet?

I think even the market is expecting a funding release soon and thats why we are holding up for now.

Lets say we have 20m left in the bank, seems a lot but with the rate we are going through it, its not enough to keep the market happy that we are in a position to move forwards with exploration of the other targets and cover the large staffing costs.

I hope for all of us we get this very soon.

Possibly NM struggling to get a premium in the current market?

some of the the marked sells are buys today, as my buys shown as sells.

However much some of us dislike the management decisions here, how can one argue that the current price is not cheap following the 10p placement.?
I genuinely thought 15p then 12p were cheap here considering the recent levels, we reached over 40p with less proved up?
Its a very tough market and I hope this motivates our management team to do everything they can to get share holder value back.
They too must be under water with their own holdings? I know they took part in the 20p placement?.
I imagine those institutions who took part in the 35-36p placement are not happy either currently.
For me it will be interesting to see if any ii's have sold out or whether they are holding firm.

I for one am buying more at 10p and averaging down, which I never thought I'd need to do here tbh. re averaging down instead of topping up

Poor show IMO but I still believe patience will reward those who still believe in the story here.

All IMHO.

Good luck all

it was fingersandtoes talking about it being SOLG2

Barrick Gold is looking for opportunities to grow its copper business through either exploration or acquisitionsand has around $5B to spend.

you really should wind that in re SOLG2

Do you have any idea at all at what their first discovery hole came up with?

No you clearly don't!

5p in June 2017, presuming there was a share consolidation ?

if the delay and news blackout has been due to CGP offer, then I believe it was not worth it.

Time to get this thing moving with or without CGP sale of their stake.

is a short term funding announcement next week before MRE3 ,likely to be BHP IMO

I don't actually care who it is who takes a bigger/new stake but the market will mark us down until it comes.

my thoughts exactly, and that includes staffing costs.

To release MRE3 without funding news would not be a good management decision and I'm sure many on here would agree with that.

It was always the best plan IMO, produce BN gold if its near surface and high grade to fund Alpala.

Of course then it would make it more attractive for buyer at the same time

My own preference is a sale.

If we have started BN drilling which I cant find any evidence for yet, then thats fantastic!

Just not sure why they have waited so long to do this? unless it was purely waiting for permits?.

ofskie now, have a good weekend

I'm hoping to sell half over 2p then hold the rest long term.

risky, but de risked massively for me following the recent RNS.

I'm happy knowing its just a case of it being signed off now and I expect a big rise on the news, followed by gradual up trend if Saudi drill also comes in.

when I get in so low, which is hard, I like to hold out for the bigger gains.

no mate, didn't sell any, as I'm hoping for much higher

think we will do well here, whats your ave?

I agree with that!