Member Info for Genghis15

Sniper

Well, SP71 has put me in the picture! My comment was triggered by your "are not funded for a drilling campaign, so guess where the money for that will come from."

Yes, oc, most small oilies would be raising and diluting. And who knows, they might ; but I'm betting on a FO once they have the data ready to present. That was certainly my takeaway from the Robert Bose interview. I have been wrong in the past and no doubt will be again, but I'm here on the assumption that partners will not be hard to come by.

It's a Neil Woodford Early Opportunities Fund for mining shares, in a stablecoin wrapper. I can se some synergies ; if POW mgt screens many nof these cos it's doing its own DD at the same time, + can co invest if appropriate. And, of course, the plan is to earn platform fees. And if it takes off thestake can be sold down or IPO'd in future.

So it mb a good plan.

But I didn't invest in a fund manager. I'm staying for the mining story, but OTW think this £3m could have been better spent putting some holes in the ground.

In the last couple days. Wonder whjy? Still way below last reported NAV, of course.

Mixing up yer wizards there EoB? Anyway, I don't personally like Mir much, nor am a chartist. But in this market, at this time, having them onside can add to momentum. And sometimes they're right, tho of course so is stopped clock.....

Yes, I would have thought that would be better received by the market. Things pregressing to timetable.

Precisely, SP71. One of the attractions here (besides the fantastic asset potental) is the Mgt's ability and intentions to FO inital stakes to fund development milestones, then use that to leverage the next asset. Simtana and Charlestown are key to that.

Sniper is either uninformed, a troll, or simply blind to the picture here.

Willz

Segun has inmdicated the divi policy is planned to be in place for 2 years b4 review. That could change, of course, if the PoG moves significantly...in either direction.

"never" is a long time......anyway he seems in tune with other chartists I watch. Don't properly understand it myself, but as long as fundamentals are aligned, my impression is that it works reasonably well in the current market with good liquidity around.

From 5m30. Zak Mir predicting 82p next month if gold goes higher.

https://zakstraderscafe.com/bulletin-board-heroes-september-2-2/12906/

"I remain convinced that CEG has huge potential and whilst the shares have taken a breather recently I am confident that my target price of 50p does not represent a stretch and that the next 18 months will be very exciting for Challenger." https://www.malcysblog.com/2025/09/oil-price-challenger-predator-eco-atlantic-tower-sunda/

https://www.malcysblog.com/2025/09/oil-price-challenger-predator-eco-atlantic-tower-sunda/

I have been wondering that too, or even someone building a strategic stake.

Not a chartist myself, but in this market, I'm finding them useful. If you follow them at all , this guy had THX targeting 69 to 78p, with further gains likely thereafter. In the current markety, having guys like this onside just adds to momentum from fundamentals...and I see gold breaking thru $3400 today, looking strong to $3500.

https://x.com/TheSaintCharts/status/1961760996915053000

Bought on open this am. Been following forever, but momentum + fundamentals seem aligned now.

Lots of upside here if things go well.

Willz

A much extended mine life was always the plan, the original concept was a 5yr open pit with transition to u/ground, tho that feasibility was always unproven.

It now seems likely there will first be a MLE based on a larger, deeper pit first, mb incl satellite deposits, with eventual transition to u/ground after a few years. Given the expense of going u/ground I surmise that implies several years u/g mine life on top of the pit extension. In toto, then, perhaps another 7 to 10 years?

BUT...bear in mind those years will see higher AISC (trucking, tunnelling, etc) and afaik the tax holiday ends after 5 years, unless MLE/u/grnd is treated as a new project for tax purposes. Questions for Segunn next time he presents, perhaps.

But long b4 Segilola expires THX will have at least 2 producing mines in Senegal + Cote d'Ivoire, if all goes to plan.

I don't have a target, it all depends.

First is PoG, which is unpredictable. Given current market/political backdrop (esp nerves over the $) which has driven much of the recent rise, I'm very comfortable having a big chunk of PF in gold, and a big chunk of that in THX, and can't see that changing. But you never know.

Second is the how good the nos look when we see the known milestones here ; MLE, Douta PFS, Cote d'Ivoire drill/assay results.

All I know is that as Segun said earlier, there are upcoming "multiple rerating opportunities".

I didn't hear "2 bags from here". "Multiple rerating opportunities" was what I heard. Make what you will of that, but I think we all know what the likely catalysts are.

"we think..that adds up to multiple rerating opportunities for our shareholders"

https://zakstraderscafe.com/interview-thor-explorations/12831/

And don't forget we may still have a lot more to come at Marahui.

So that was you selling out in £10k chunks today?

Belay last post, wrong BB. I have requested deletion