Member Info for Egg1000

To be able to pinpoint and hit the target the rocks at 510m with a single drill hole is outstanding. Just shows how far technology has come . Remember, they’ve said it’s an analogue of Telfer and this has been confirmed with the cores. This has been significantly de-risked - It’s just now a case of exploring and seeing how big it is.

I agree. The data is showing something is there. The chances are it’s gold. It just a case of grade and consistency

550 is just where the data is the strongest. We may hit good mineralisation before and they will keep drilling if all good I am sure. Good if RP could clear this up - it is vague

The drills that are being re-entered were on the cruspnof the dome. But I agree I would like to see a big drill right through the dome, but on this occasion be guided by the ‘experts’ Egg

The drill will enter the dome almost straightway it’s important to reach the most compelling part of it. The dome is massive bigger than the main teller dome. We need to make sure the drill returns economical grades. I think we will hit gold , but need to be economical. I am encouraged by the apex guys track record. Look at what the mobileMT surveys have discovered in recent times. It is really revolutionary

Dicko your question is valid and I wondered the same. I assumed at 550m is where the data is the strongest. They are also drilling into the ‘hinge’ - what hope is the folds in the hydrothermal fluids that have flowed into the dome and full of Au/cu. This is just one comparison that matches the composition to tellfer. Egg

We need 200-300m of consistent grade - upwards of 0.8 au/ gt from both holes to confirm the domes content. If that happens - if that happens I can see a rise of this 400-700% overnight with significant increases thereafter after once they start proving it up. There has been 700-1000 trades a day which is very unusual for a AIM, so I can only conclude that everyone will be behind this one chasing that pot of gold.

The red is the domes where they had a gravity Anomaly and its resistive. These tare signs of potential gold because the hydrothermal event fluids which they’ve have already confirmed has hopefully been concentrated in the dome and displaced the original rock hence why there is a gravity anomaly in there presumably denser than the surrounding rock I.e (Gold/cooper) they think this is the source of the gold. The dome is also the same angle and similar to the telfi 30m ounce deposit up the road. There is a lot of momentum here and shareholder interest driving the price, but ultimately it will come down to the drill bit

Lack of knowledge and understanding of some PIs is ridiculous . No wonder most lose money

They are looking for the source of the 3K strike lengthof gold at red setter and there’s no better target than the dome that they found. I’ve got in recently at .15 I’m happy to have a gamble. Egg

Bara due end of June I recall

V happy to be on board - took over 500k of these today. It’s only a matter of time, same happened with EEE

Cev,

Yes, long way to go. It’s why I can’t see the cost of a pilot plant being funded with placing. With the share options the directors have and funding options ML has outlined a few times . I maybe wrong of course. We will probably need an another placing later this year though for the pre-development work in including a large drill programme. I didn’t answer your earlier question about the pilot plant cost( sorry I forgot!) . None really knows until we see the design and infrastructure requirements of course, I can just see it being in the tens of millions. I have been heavily invested here since the 4p days. Egg

I think it hit market cap of £80m last year I recall, taking into account of share placing since. We are at £57m now

It’s just my opinion Cev - isn’t that what these boards are for - do any of us know?

I can’t see the pilot plant being funded by equity. it’s too big of a cost. yes, drilling and all the pre-development work but then a lot of that is now funded for this year anyway. I should still have around about £4 million in the bank.

I really like all these options that the directors have it’s such an incentive to get the share price higher. The directors have 9% of the company as options so it will potentially make them very rich along with us

Go to trust the stock Trust a stock when management have 55% ownership control. I need for taking it private I believe is 75% always be careful happened lots of times on AIM

The directors have 1.5% of the company (£450k) worth and millions in options. They don’t need to buy on open market

After that Interview, there’s only one way for the share price is going to go and that’s up.. Darren said he’d like the second core - really like the second core. All Good 👍