Member Info for Eish

Wait for that Bilboes news and sincerely hope it's good news! Will help us jump ahead. I note a small transaction was done at 1304 this morning, we're moving (up!)!

Thanks Patryk and best of luck.

I think we will be here for a long time, imho. Interesting facts here;

We are only Capitalised at R12 Billion, hence small versus Gold Fields (in SA) at R268 Billion.

We must be heading towards Rerating pretty soon?

Anybody got L2 to inform us what the next resistance level is for PAF, please? 38p by any chance?

Lecture by Jason Ward: - absolutely fluent and enthusiastic! Worth a listen about what we have? In the days when we really explored and drilled and had a large team of Geologists. Wonder where Mr Ward disappeared to?

Makes me think the current squad have really let us down!

Second drill hole had "5% Copper and 10g Gold"!

Blanca at 19mins 30 secs - very rich and very extensive!

https://www.youtube.com/watch?v=q76De_L_BBs

Metoooo: More like "The Dog has Bitten Management Where it Hurts!"

Ronald-Peter Stroferie on Gold: Gold has a marketing problem' - Incrementum's Ronald-Peter Stöferle

https://www.youtube.com/watch?v=V8_t8tn03jg

There are newer interviews with this specialist. This one is a little old and behind the curve

So under the radar and cannot see why 40p (and a lot higher) cannot be reached soon over the coming weeks. Looks like POG may even get close to 3000 before the end of the year if wars continue? Israel has not yet retaliated against the ballistics fired from Iran. Their policy is an "Eye for an Eye", so there can only be trouble ahead in the Middle East. And the absence of Rampers and Derampers is a big, big plus! Investors here report their views as they see it.

Note that 1210 was paid for a few shares today!

We're moving up but this is not really a trading share, is it?

Quarterly gold production of 18,992 ounces (Q3 2023: 21,772 ounces; this was a quarterly record for Blanket).

· Gold produced in the nine months to the end of September was 56,815 ounces (2023: 55,244 ounces).

· Caledonia reiterates its gold production guidance for 2024 of between 74,000 and 78,000 ounces[1].

The long and the short of it will be that we should reach our expected annual target in Oz BUT, at near record prices for gold. In the current lull - $2660/Oz , and seems likely to reach higher.

Thanks great post, Pelelui. Just shows there is confidence in this little miner in a difficult working environment and out of favour country. Just hoping for excellent up-dates that Bilboes is progressing well and that we beat market expectations in terms of gold production at Blanket. That new central shaft delivering the goods!

Viable, yes, very rich resource but also a very scary place to do business vs Equador!

I guess we have had our little surge to nearly 35p?

Question is: When will gold move towards 3000? Not looking likely that the Fed will lower interest rates again in the short term, which naturally would be good for the POG.

Waiting here for our next healthy report!

Fr. Jack. Hackett, was'nt the significant investment in the larger central shaft's purpose to expand and increase production of the amount of ore produced at Blanket? Were we not going to ramp up the KOz of gold produced from Blanket? Bilboes will compliment as I understand it. There is quite a sizeable amount of gold in Zimbabwe. Just not as dense in concentration as the Witwatersrand basin. The Rand's gold production was insane in the 70's and 80's!

Heck, hope you’re right, BBG! Been a long time coming with many mishaps along the way, LOL!

No. Fast Fast, Fast! LOL!

AISC is under 1000$/Oz and gold at 2500 means Nett Profit 1500$/Oz

PAF's masterstroke gold operation get's going under budget ahead of schedule.

Quoting Loods: " So, we are producing more than 100,000Oz of gold per annum from these really low cost productions"

https://www.miningweekly.com/article/pan-africans-masterstroke-gold-operation-gets-going-under-budget-ahead-of-schedule-2024-10-03

Just hope Blanket Mine is not treated in the same way as a Potato crop by locals and law enforcement? That would be terrible!

I forgot to mention the Middle East, Saudi Arabia and perhaps others like Dubai, aligning themselves ready for a "new Gold Backed Currency". The article from the Jerusalem Post is interesting. I wonder if Crypto is a real contender, I doubt it! It's a shady slippery "currency" requiring a heck of a lot of power to operate. Has a dark side! Gold through the ages, bulky but best! LOL!

Highest gold today is 2631 and there is a possible war waging in both Ukraine and more worryingly northern Israel! Central banks buying gold, Indians love gold and Chinese always ready for a top-up as the fluid gold market moves steadily eastwards, away from the west (London metal paper market) and must soon control the POG in Shanghai.

What we can say about this board is at least it's not on the scale of being malignant like Solgold! Phew!!

Just listened to Willem Middelkoop. His opinion is that the bull in gold miners has only now been underpinned by POG above $2500/Oz.

Patryk, considering that POG and PAF are at all time highs, and that the immediate future of PAF looks to incredibly bright. Why is there not a lot more enthusiasm for PAF on this LSE Board, LOL?

October is around the corner with a sudden injection of more gold produced, heck we should be ecstatic!!!!! Buy more and hold for now as I cannot see any significant dips other than a play on POG.