Member Info for Golf57

EGPT

The fact still remains, this is not a quantified asset and will remain so until a jorc is completed.

All the slander in the world won’t change that.

Your 30 years of business should tell you that.

EGPT

The slander tactic when one runs out of reason.

Obviously you are not one to be advising anyone.

No confirmation the road is fixed yet, could be a while longer.

MrH

Thank you for that, but it’s still an unqualified asset with unknown value. Lots of possibles…

So bigger than your average big risk, in my book of course.

Lines…

Loans !

Ranger

Are you on ye jollies now?

Yes the RNS is interesting, especially unsecured lines on an unqualified asset, makes you think…..

Helx2

RNS March 2025 SB comment:

"I am pleased to report that the heavy rainfall appears to have ended, and the mine and camp are intact. Local works to restore the shorter access route should begin shortly, while the longer route is now in operation. There are numerous local stakeholders with an interest in bringing the shorter road swiftly back into working order and so we are confident they will waste no time in doing so. In the meantime, our operator is getting underway in terms of re-hiring the workforce with a view to resuming operations next month, targeting high grade gold at Tesoro's Bonanza shaft."

We shall see.

Iceman

I’ll be very interested in the response you receive.

Iceman

Unfortunately my own opinion is you’ll be feeling our frustration in no time at all.

I doubt very much if anything practical will happen this year in terms of ore out of the ground, there’s a lot to be done in 8 weeks.

Then it’s real winter…….

Iceman

Most of us have been reading RNS, especially since the beginning of the year when “restart of mining was imminent and roads will be repaired in short order”

None of which has materialised, loans are now being taken out on an unqualified asset , which I think is an incredible piece of business, praising the board at this stage is a little premature.

Gold needs to sold before anyone can get excited here.

Excellent financial boost, the first sale of gold is going to be the important factor.

Need to start digging early Dec or it may be difficult.

Aim

Yep you nailed it.

I’m guessing Jan before kick off, at least one raise between now and then.

I have to say I got all excited when I checked in and seen RNS delivered, however it was short lived..

Is this in preparation for a large raise do we think?

After all there is lots to be paid for in the very near future..

Coops

The banter here is mining in Nov, so one would expect news a couple of weeks in advance.

But as you’re quoting timing from an RNS I doubt there will be any mining in Nov and possibly not even Dec.

Do you agree?

Morning all

This week should see a progress report via RNS, no excuses!

Stand by your beds ;)

Catch ye later ⛳️🏌🏻‍♂️

News should be incoming in the next few days on fieldwork / sampling as promised.

If no news appears, I would be getting nervous.

I’ve been invested in companies with huge proven potential for years and still waiting to reap the rewards.

Never say never but do not assume.

Chippy 9 good call🤞🏻

It certainly sounds things are moving along with pace 🤞🏻

Morning all.

Nice video Aim, they could improve efficiency by 50% if they park a bit closer to the pile next time ;))

Evening chaps

Lots of good craic I see, still no great change going on I was just wondering when the next update is due as my memory isn’t what it used to be.

An infrequent win today 🏌🏻‍♂️⛳️;))))))