Member Info for Ella10

It doesn't state if they have an agreed way to raise the minimum cad$5000000 that they require.

I think they will be around the anticipated depth of the conductor now. If they have massive sulphides in the recovered core it will be RNSed.I think news could drop any time.

So ...
Who has invested in Empress Royalty on the basis of it's Manica royalties ?

Hi Keith,
Thanks for the interesting and informative posts.
Out of curiousity how did KAV come to your attention?

Hi DC,
TIR gives details of the licence purchase and sale and the listing for AFR in it's March RNS. I assume that as it is a purchase AND sale by AFR it may be taking longer - but there doesn't appear to be an update. GLR weren't given a reason for the delay but I assume the completion dates on both deals are required to tie in - either for the benefit of CB or the benefit of SFR.

https://legacyminerals.com.au/wp-content/uploads/2021/07/Legacy-Minerals-IPO-Presentation.pdf
Their Rockley tenement is using it's proximity to the major deposit of Racecourse as a selling point. A lot of the info they quote is pre XTR but they do have Doug Menzies on board.

Anyone any idea what's happening with African Pioneer? It was listed on the main market in June It has a similarly structured licence sale agreement with Sandfire with a long stop date of 31st July. I don't see any updates on this. I assume these will be going through the same processes as our licences and will complete on a similar date.

D220,
I'm no expert but my take on it is that the conductors on the side of the keel are anticipated to start at a depth of approx 250m. I believe the current drill is aiming for the conductor at the bottom of the keel so it is anticipated to start at a depth somewhere over 400m.

Hi D220,
That is the same info as presented in the April RNS where 450m is referred to as the depth extension.
https://www.lse.co.uk/rns/KAV/ksz-hu****si-tdem-conductor-identified-e106vjsndd75fnx.html.

Apologies LittleWing - I misread your post omitting the 'Australian listed' phrase...

Littlewing,
I don't think just creating a new subsidiary for Bushranger would add value. In one of the earlier interviews CB did mention something along the lines of Bushranger maybe deserving it's own vehicle. They could IPO it if there is enough potential but I'm not sure I would be in favour of that.
I'm guessing if the next 2 drill assays come back showing a decent upside we will get a better view of their plans then.

Hi SQ52,
There was a Eureka update included in the annual report
https://www.lse.co.uk/rns/XTR/final-results-xprinh91xlqjgnf.html

Fair point.

D220,
We don't need to get massive sulphides for this hole to be a success. Obviously it would be fab if we do get massive sulphides!! It is all about acquiring knowledge and proof of concept that can feed in future drills.

CleverThoughts,
Thanks for sharing. Can I ask you to please keep the original communication safe in case you are asked at any point in the future to validate it.

My latest theory....
We find oodles of gold
Xtr uses decision to mine to take AA out of the picture - not sure what would constitute a decision to mine...
Christian Cordier (who received shares as introduction fee for Bushranger and appears closely linked to CB) joins the biard
From his linked In
'During my career I had considerable involvement and investments in both public and private mining and exploration companies for over 16 years. My portfolio includes joint ventures with major international mining houses, investments in listed companies in the United Kingdom, Australia and Southern Africa and in private mining operations. I have extensive experience in sourcing natural resource projects and nurturing them through the value curve by packaging and arranging venture funding, managing the permitting and exploration process, negotiating off-take agreements and the formation of strong management teams. I am a qualified accountant with experience as an Executive and a Non Executive Director of listed and private companies.'

His main task is to broker a deal for Bushranger... with Newcrest??

Agree Steve,
Although Cadia didn't get much of a mention due to it being exploration focused they very definitely want projects to let them make the most of the infrastructure they have in place. Their comments on underground mining also seemed quite pointed - I thought they would have expanded on the costs a bit further.

I wonder if Mr Bird has spoken to them about 'A project'.

BCB,
You disappoint me - visible sulphides tomorrow - I would have expected at least 70p to go with that :-)

https://m.youtube.com/watch?v=3WPeO7JY2jk