Member Info for FunkySausage

Hi Caterham

Thanks for your response, your name is the same as my secondary school.

Fantastic, so we can hopefully look forward to some fantastic news, if we can get 4% copper grade that would be fantastic, considering industry % is considerably lower.
I know Recon africa are drilling for oil in the Kalahari basin, and are currently worth 1.2bill with no revenue or oil strike as if yet.

The Kalahari it seems has a huge amount of untapped resources, just waiting to be extracted, Africa, the last untapped continent.

I think I will try and increse my holding.

Funky

Hi Caterham

I have a question, I hope you don't mind.

Im no geo, but when we drill these 10 holes, Mr Bird said its for calibration, will we still not find copper etc in these cores ? Surely a drilled hole is a drilled hole ? Atleast he said they would probably punch atleast one hole looking for some red gold, I get we need to know what type of rock etc we are drilling but surely it would still contain grades of material etc.

I look forward to your response.

Thank you for your time.

Funky

No Guarantees in life except death n taxes.

Talk of 25% zinc
Talk of 4-5% copper at Sandfire

Massive grades, if we can get some of that we will all be very happy

Funky

Biden done a deal with opec to limit shale production, opec can crash the market as and when they choose, just like they did, shale has been capped for now, first a knee capping by opec and now a cap from the boss of the mighty US of A

I liked the bit when he said 37km strike, this baby is just getting better and better

Funky

After looking 6 times over 30 mins my post appears from b4 lol

Absolutely Dave

Our airborne survey was ananylised by Spectral Geophysics, this is the same company that Sandfire used/uses, it shows how these 2 compnaies are moving closer and closer to each other, Sandfire are no fools, I look forward to seeing some.drill results sooner than later.

Funky

Absolutely Dave

The fact that the airborne survey was ananylised by the same company that Sandfire uses, shows that the 2 companies are inching towards closer cooperation, their no fools and I fully expect that at some point they will buy the rest of the 15% to earn themselves a seat on the board.

Funky

22km potential copper strike, 10 hole drill commencing next week
Zinc sale going through + royalty on mining to start imminently
Sandfire payments should be forthcoming
Verber drill by August
Sandfire to potentially purchase upto 15% of Galieo

And that's just highlights of coming news in the next few months

Funky

It depends on depth and how long results take to come through and if they send them of if theres any covid delays in the lab

Funky

If u want short term GLR just annoyed their first copper drilling campaign fully funded, gotta be a bag or 2 there imo

Funky

With lost production being boost by the new wells.being drilled and the uplift the gas injectors will give ( copl are currently doing gas injection, with fantastic results) To production, tullow looks cheap, while still highly leveraged to debt, when the sp recovers it will not look so bad, this looks like a nice one escalator over the next few years, happy to be in, no equity raise needed, cant see any real negatives on the horizon here.

Funky

I thought it was retail doing all the buying

I wonder if the boil boys will be joining us coplers on our new journey

Funky

After the recent terror attacks in Mozambique and the shut down of the oil n gas industry there it only seems.prudent

www.worldoil.com/news/2021/4/21/islamic-state-attacks-turn-mozambique-s-lng-boom-into-a-bust

Better to be out n safe than in and having to visit, if the big boys are out everyone is out.

Funky

The synthetic cbd oil shouldn't contain any thc, some of the natural ones may contain traces of thc

Funky

With refinancing done and debt heavily reduced, the shorts are running for the hills, Johnny just doesn't see the writing on the wall yet, as retail is now blocked from shorting and the pros exiting rapidly, Johnny's decided to keep the blind faith, maybe load on a bit more cash to protect your position, if results are good you could lose the lot on open )

Funky

I use ig

Actually Chris55 the shorts have been rapidly dropping, see for yourself, im sure your already aware of the situation anyway

shorttracker.co.uk/company/GB00B0H2K534/

And BB do influence prices as your well aware, Gamestop being the most famous example, which I'm sure your also aware off.

Wheres the moral compass ?

Funky

After re reading the update on strategy rns, it says we will be drilling After the star project completes, I'm guessing we are waiting for the payment/s before we start drilling as it says following completion

I could be wrong, if we have already recieved payment

Kalahari Exploration: Following the completion of the sale of its interest in the Star Zinc Project, the Company's immediate focus will be exploration activities in Botswana where the Company has 15 licences in the Kalahari Copper Belt in highly prospective areas, two of which were the subject of the Heliborne-EM geophysical surveying announced on 23 November 2020. The results of the Heliborne-EM geophysical surveying are sufficiently robust that the Company expects to announce the commissioning of initial reconnaissance drilling program within the month. The Company has also identified two further areas for Heliborne-EM geophysical surveying.



Ferber Project: The Company has maintained its licences at its Ferber project in Nevada in the United States and in view of the prospectivity is finalising a reconnaissance drilling / exploration program to be undertaken prior to renewal in August 2021.

Funky