Member Info for EyeGuy

Iamgold worth about $2 billion. But looking at the map I think ORR have the best license area of the lot- and the highest grades I have seen for a long time

also (and this is a very important point) is that the historic results from FARE are all between 0 and 100m.
IE all the good stuff starts from surface and not 500m underground. Will just mean mining costs are much much less and this makes it more attractive to potential takeovers etc.

Enrico- The grades are better than GGP from memory and also from surface. The geology here is every bit as good with Luolo, nearby having 16.9 million oz. This could be life changing mate. we will have to see but at this price especially with the clues of
1. Iamgold doing more drilling
2. Iamgold classing this as a discovery
3. chesser hitting some decent grades

Then it could be a one off imo

GGP market cap is 80 x ORR. And with the potential here shows how much higher this can go.
The share price would have to around £1 per share to have the same market cap. Possible?

note the 472sq km of area stretches circa 50km north to south and so is adjacent or near enough to world class deposits.
means we could well have multiple discoveries here on the license

BOOMMMM!!!!!!!!! amazing. its just going to keep going imo. still way too cheap down here. Multibags on offer imo

moving now! 1.4;'s coming ?

massive volume coming in. over 110 million shares traded over £1 miilion of stock traded. brilliant
should well and truly pop either today or tomorrow imo

I think we could be looking at multiple discoveries on the license. Senala is 472.5 sq km but it stretches north to south circa 50km so runs adjacent to many world class deposits. So the actual layout of this license is key. I think we will see 2-3p over next few weeks. More I look the more I like here

Cheers to Bazlogic on twitter. key point. Iamgold have already agreed to more drilling. Seems like they could have hit big imo, especially as though they have this down as a discovery already!

I think 2-3p coming over next week or so. Lets not forget its 2 DRILLS and not 1!
Massive massive potential here

O and W- it’s the agreement with creditors and the terms of that agreement that are the main value drivers. EBITDA I get at $730 million per annum at this iron ore price so take your pick from 20,27 or 49% to see how much will get to kdnc.
Also the iron ore price is that high, that funding for Amapa now should be a dead cert from those revenues- even taking into account shipping and tax.
A lot on this bulletin board will spin away from Amapa to suit their own agendas. Likely about 8 posts will come in now to push this down the queue as they don’t want anyone to read anything positive. Which is odd behavior from people who claim to be long term holders. Gl pal

Mick- that wasn’t my intention to belittle your opinion if that’s how it came across - sorry.
But imo no fund raisers probably until summer at the earliest imo

Don’t see this pulling back. It’s undervalued by about 3 fold compared to peers and this imo had a lot more going for it

Mick- disagree. Iamgold are funding the Senegal drill.
The Cameroon drill is funded. Plus £800k from warrants imo will arrive within weeks.
No need for cash then Imo for a while

yep. exceptional results here:

Review and recalculation of all historic RC and diamond drilling results has returned exceptional results, including:

o 20.00m grading 31.13 g/t Au from 18.00m, including 10.00m grading 60.98 g/t Au (FARC-00007);

o 10.00m grading 2.34 g/t Au from 50.00m, including 6.00m grading 3.50 g/t Au (FARC-00001);

o 23.40m grading 1.84 g/t Au from 68.60m (FADD-00001);

o 14.00m grading 2.94 g/t Au from 11.10m (FADD-00002);

o 59.60m grading 2.20 g/t Au from surface (FADD-00003);

o 42.00m grading 1.36 g/t Au from 4.10m and 49.50m grading 1.75 g/t Au from 50.60m (FADD-00004);

o 7.00m at 1.31 g/t Au from 14.10m (FADD-00007);

o 7.00m grading 1.64 g/t Au from 17.60m (FADD-00013);

o 5.15m grading 2.92 g/t Au from 170.10m and 10.00m grading 4.12 g/t Au from 192.10m (FADD-00016);

o 19.50m grading 1.08 g/t Au from 93.40m and 4.28m grading 1.02 g/t Au from 146.32m (FADD-00021);

o 23.50m grading 1.41 g/t Au from 6.00m (FADD-00023);

o 12.00m grading 7.09 g/t Au from 18.00m (FADD-00025);

o 4.80m grading 1.38 g/t Au from 63.70m (FADD-00026).



· Based on these results alone, the Company believes Faré has the potential to host a standalone deposit;

after looking more I think with positive results looking at 5p plus imo.
This is probably the best acreage in the world for gold and ORR have a huge footprint here
dyor

https://www.chesserresources.com.au/investor-dashboard/investor-presentations/

Brilliant! Look at the corporate presentation and look at the Oriole land area compared to the $100 million Chesser reources.
Oriole have a massive footprint there. Also the grades reported are higher for Oriole than Chesser. Oriole have found 60g/t
Can see 2p next week imo

Looks like 1p could be coming up now