Member Info for Gixxer-600

'Seems more than a coincidence that there is three satellites near: DL BE and GF' - Could be, one would imagine the Chinese already have processing equipment on site as we have had some gold out of the satellite mine.

Just had a look back through some RNS's however there's next to no info: '· Guy Fawkes development continued during the period '

We really could do with an INDEPTH DETAILED update on assets before the AGM!

Not sure TBH but the 'other deposits' comment is intriguing - I know CB has made the odd comment regarding the Geo down there, perhaps they already have areas of potential interest?

9mins in if you don't want to watch it all

https://www.youtube.com/watch?v=iQ5XWhIe2gU&t=5s&ab_channel=RedCloudFinancialServicesInc.

A new interview mentioning FB coming online shortly. Interesting to note that they discuss 'satellite' deposits.

'The plan at the moment is based on one deposit (I assume that is FB) next is three additional deposits. We were actually in Mozambique 10 days ago looking at the project. We walked the ground and saw where all the other deposits are that they plan on going after also. so we think this one is going to have a lot longer life. (not verbatim).

For newbies it should be mentioned that the Manica site is quite large and there's a lot of potential for further exploration when funds allow.

Interesting they are discussing other deposits. Cannot be GF et al as that deal is with another company, unless they plan to process?

It's really crap that we get this info from a 3rd party and not from Xtract! - Comms/pr is extremely poor considering what can be achieved with small effort through social media.

-'i do remember quite a few years ago these rising 175% one day ,can't remember what for.'-

Probably the one time CB met a deliverable....

(I'll get my coat :P )

https://twitter.com/EmpressRoyalty_/status/1534645958985887745?t=vmSQGfETUcRwsJPtOB1Xsw&s=19

'I actually wondered if the burst of positivity and information a few months back in the interviews ' - I've thought that too.

Conspiracy theory: Was he trying to ramp up the SP, by giving a June completion date, to get a raise? - Obviously nothing he's said recently has moved the SP and a raise, at say 4p, would have tanked us.

He's being as professional as I've ever seen him. - Agreed, long may it continue!

“Sometimes people don't want to hear the truth because they don't want their illusions destroyed.”

- Friedrich Nietzsche

And one for Howezap....

From Phil.

'Won’t get round to releasing today now been too busy today. Tomorrow 8am more than likely'

Beaten by IB :P

https://twitter.com/EmpressRoyalty_/status/1533889962051084289

So, According to Empress, in this presentation, Manica is two weeks 'hopefully' from production.

The conference was May 18th so we should be close!

'I had been thinking of another top up Monday anyway. GLA' - I was convinced Monday was a bank holiday until I read this!

The company rarely responds to any comms, I'm hoping the Sunday Roast boys will push him to be a bit more 'honest' with what's going on.

'I just think there is too much emphasis fixated on the 2mt option, when CB has clearly said, they haven’t decided which option it will be yet.' - I'm in agreement here although, let's be honest, it's Bird that had us fixated on this with his earlier comments.

I'm sure, even at 1Mt (I don't think it will be that low)we could still probably find a buyer and make a decent profit. As I've mentioned, they should have a very good idea of what we have now. If it's looking like we won't hit the 2MT I'd rather they not spend 10m 'flogging a dead horse to try and get us there'. Bird should admit he was over zealous and let's move on.

AS I said already wouldn't be so bad not reaching that target as long ,as RC is commercial, it would separate RC from Ascot in terms of a sale.

@AndMillsy - 'I think this is a short sharp drill effort over next few weeks.'

Based on CB's comments in the last interview, I think you're going to be in for a disappointment if you think the near surface drilling will be any time soon.

He actually stated: ''We've drilled a lot of meters and we are going to sit back and analyse those meters and we're pretty sure, we'll be ending up with a near surface programme for both RC and Ascot'' - I'd suggest it's more like a couple of months before they even start.

Howezap:

'To me it just doesn’t hold water Andrew that the target has fell short of 2mt through trying to get there, when there is clearly up to a Km of potential strike with potentially higher grade and more gold likely' - The truth is we have no idea. We all know that CB has changed tack considerably in recent interviews - He's gone from stating: it's an in the bag Tier-1 asset which will definitely trigger the AA clause ''it does look like RC will lead to a viable project' his words, not mine.

I'm pretty sure if we were close to the 2Mt at RC he would have stuck to his original plan of chucking a few holes in Ascot and approaching AA. He's mentioned a number of times he wants to sell it as soon as, why go back on that if we have the results we need? - Especially at his age! (no offence Bird) I'm sure he wants to enjoy the $$.

IMO the reason he hasn't is quite simply we have some way to go to meet the 2MT target.

The Sunday Roast Chaps are saying they will interview CB by Tuesday. They tend to get more out of him than Zac (no offense Zac) so we may have a better idea of what's actually going on.

I agree too. It appears that they need to make RC more economical near surface so whoever buys it can make $$ all the way through section. I imagine it's painful and costly for companies to dig though mud and rocks to get to paydirt.

As I've mentioned before I have us at 1.4-1.6MT; my worry is Bird will spend another 10m to get us to, say, 1.8MT both costly and time consuming. I'm sure he's mentioned before that geo's will keep going forever if you let them and I'd rather that not happen. If we are struggling to get to 2mt just declare what we have and let's find out who is interested. The Chinese will probably snap it up as IB has suggested.

It would be actually beneficial to us if AA are not interested (if the above is the case). The company is no longer constrained by the contract, could sell on RC alone, have cash for a shareholder payout and to explore the rest of BR in detail.

*1000 lashes!