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I believe this has mentioned numerous times, but the last batch of EHGOS CLNs technically only hit the market today. It’s obvious that they have been forward selling, though you can only declare what you have/don’t have once you ‘officially’ receive them.
Expect a TR-1 by tomorrow/Weds at the latest IMO
OBC doesn’t have a single product which is tied directly to the value of Bitcoin, so banging on about Bitcoins value is merely a ramp.
You could buy here in the hope that Clem/Steffy/Shotgun start to pump this again, but it’ll only be to get another placing away. This has been the wash, rinse and repeat pattern of the share price in OBC (and On-line pre name change) for the last twenty years...
Steffy, you're literally on Clem's payroll to promote this PoS - trying to squeeze out another placing by any chance?
iceman - regardless of where you think the blockchain concept will be, all OBC have produced is vapourware. The previous rise up to £1.70 was the result of nothing more than the change in company name and a savage pump & damp.
This has always been the case of this company, they purport to follow the latest trends in technology, but have never, ever, produced anything. It's a front company to fund the lifestyle of its CEO
Iaintgotaclu living up to their name - back down it goes
Clem and Co just slipped mug PI’s a dry one yet again
Chumba still sitting on a huge losses In OBC since falling for the charms of a pair of nonces.
What has this company ever achieved? Absolutely nothing. My advice to anyone out there is avoid this one like the plague
Shotgun Dan The Brokerman back chatting nonsense on this POS again.
One to avoid like the proverbial
Here’s the section of the RNS concerning Boto:
“Boto Gold Project, Senegal
As at December 31, 2019, the Boto Gold Project reported (on a 100% basis) probable mineral reserves of 29.0 million tonnes grading 1.71 g/t Au for 1.6 million contained ounces. Indicated resources (inclusive of reserves) totaled 40.6 million tonnes grading 1.6 g/t Au for 2.0 million contained ounces, and inferred resources totaled 8.2 million tonnes grading 1.8 g/t Au for 469,000 contained ounces (see news releases dated January 13, 2020 and February 18, 2020).
During the first quarter 2020, we announced that the Government of the Republic of Senegal approved the exploitation permit application for the Boto Gold Project for an initial period of 20 years. The Government of Senegal has waived its right to a paid-in 25% interest, contingent on the receipt of $7 million payable at the commencement of commercial production; as per the provisions of the mining code, the Republic of Senegal is entitled to a 10% free-carried interest in an operating company. The receipt of the mining permit positions the Project for a development decision and eventual production. IAMGOLD also announced the results on various project development and operating optimization studies undertaken since the completion of the 2018 Feasibility Study and filed a supporting National Instrument 43-101 Technical Report. The optimized study contemplates an operation that is expected to produce an average of 160,000 ounces of gold per year during the first six years of operations, averaging 130,000 ounces of gold per year at all-in sustaining costs of $842 per ounce sold over a mine life of approximately 11 years. With expected initial capital expenditures of $271 million, the study suggests an after-tax net present value (using a 6% discount rate) of $219 million, using a gold price assumption of $1,350 per ounce, and an IRR of 22.6% (see news releases dated October 22, 2018, January 13, 2020, and February 14, 2020).
During the quarter, we started planning for the preliminary phase of construction to support a future project development decision, which includes upgrading the required access and developing site infrastructure, supporting field work, and advancing detailed engineering of the plant. Planned capital expenditures in 2020 to support the activities described above, previously stated at approximately $30 million, were reduced to $25 million.
Exploration efforts during the first quarter focused on infill and delineation drilling aimed at resource conversion. Approximately 3,400 metres of diamond and reverse circulation ("RC") drilling was completed during the first quarter.”
This afternoon's tweet from ORR was certainly intriguing, especially as it seems there was no article to be found on the actual Merger Markets website. I'm surprised the ramp squad didn't jump on it, but then again, they were probably chasing MTFB all afternoon.
Judging by the recent valuations of licenses adjacent to Senela, if ORR were to enter into a JV or sell on their license to IAMGOLD, then this would result in a material change to the company.
GLA