Member Info for GoldGeezer

It’s clear you don’t know the difference between official, unofficial, internal, third party independent and risk, derisked.

The price is based on risk. A third party, dependant MRE means the mine is derisked.

Yes. My post license buy in limit was £1.5, but it’s way higher and no license. Good short opportunity as the price builds in everything but Coringa likely to be suspended in 13 months time. Trial licenses don’t get renewed three times and the full license is clearly not coming.

Be nice to make money up and down on this one.

GoH - you’ve nailed it.

Yankees comment;

“mineralisation and economic mineralisation“

What a twat!!! Says it all and doesn’t need any explanation. It’s a huge field and gold price through the roof. If this maiden resource for South alone is 500k with gold at 4,000, open in 5 directions (up isn’t possible), clearly it’s economic!!!

Yankee

At USD4K high volume open pit mining will be uber economic, despite low grade. AISC won’t be above USD2k.

The key to takeover value is the scale, not bonanza grades, despite them existing in some isolated areas.

Big guns required to spend a few 100M USD, so this will be brought out, when the scale officially proven - USD200-500M

What’s with the abuse?

I forgot on Friday more than you know about investing.

Hopefully big news this week.

You are very very, very, …. dim.

They missed guidance last year, will this year and don’t have a license. The market is very understanding.

2026 will be interesting.

No! He’s needs to run an exploration company. PR is outsourced!!!

It’s was mentioned the work was office based over three weeks ago. Computers are pretty quick at modelling such resources. Verification and sign off required but Monday / Tuesday next week highly realistic.

Top up ……. even that muppet Steve should.

100% wrong today.

🤡

GoH exactly, hence SONAMINES

It’s a positive not a concern at all. It specifically exists to help foreign miners operate so the Govt gets income.

Dibs61

Not sure if you are trying to scare or just misunderstand the relevance of SONAMINES?

They don’t “loom”, they are a prerequisite for exploitation, giving the State 10% free ownership of the mine. It creates a legitimate entity of ORR and stability.

Rachel Reeves

🤫 HarryHaven

Wasn’t you

No you didn’t you prick

BCM have funded exploration thus far - hopefully 1M Jorc

They’ve currently earned 10%

Further funds required to explore will be based on a substantial increase in Jorc, which would further dilute. Its business.

All being well North & South will have +10M Jorc, ORR with 50%

Exploration costs

The management have allowed rumours of a 7 figure MRE, off record suggesting closer to 2M than 1M

Anything less would destroy credibility, hence time to move on.

We are awaiting a game changing MRE, you plonker!!!

The market is a place where inpatient people pass their money to patient people.

Hindsight is supposed to be useful, however, all this demonstrates is that an interview tomorrow will almost certainly be packed full of lies.