Member Info for Helpful

Sorry Nike, my point was that the valuations from 23 are now well out and the same with 24. So BF is a producing asset from this week: what does that do to valuation?

Only that I concur with Drilling Crew.

Nike,

he has said that there have been a number of potential deals for RRAL but it is about doing the right deal.

Same with BF and CDI: he has said that there have been multiple parties sniffing around looking for a deal.

My view is that the one to do a deal on and get it off his desk is Migori. Except for COVID it would already have gone.

DYOR

Https://x.com/SouthernCrossG3/status/1859125058746384515?t=-h5IUhelwVgkHhnngv27TA&s=19

DYOR

Hey Boring, you might find this interesting... https://x.com/elonmusk/status/1858960357467058367?t=zUdOZt9lpE3a3093i0J4QQ&s=19 or not.

Read Angus Maddison's Phases of Capitalist Development.

Always good to expand one's horizons.

You can't be "twenty fold down" it is a logical nonsense. The maximum downside is 100% unless you are leveraged.

Just goes to show you don't know what you are talking about.

Anyway back to Zephyr. Since you like talking about shares that you are not invested in, why can't everyone else? Do I take It you have bailed? I hope you didn't lose too much on your "serious money for me" investment. Maybe you can do a Dukey and slyly buy into RRR whilst pretending you won't.

So AB says production this week. Let's hope but as you are not a shareholder you don't care, do you?

DYOR

Your post says a lot about you. Maybe you should be holding Building Society deposits and not getting involved with AIM shares? Maybe you are the archetypical Grannie that everyone worries about?

A lot of fun to be had with building society accounts. You will like it. You know, an extra 0.01% pa here and there. Fits in with a financial controller who had to base himself in countries with no modern accounting systems to make out he was a big cheese.

You could have made decent money if you had anything about you.

Anyway, let me know when you have bailed on Zephyr

xx

Ask him about Musonoi, ask him about Migori: see what says.

Dukey why do keep prattling on? By your own admission you hate Bell and were wrong on Migori and Musonoi. Your opinion is worth nothing.

Read the thread......

https://x.com/sharedycat1/status/1858812459059986939?t=0vWMYjl1r14eqV2fJMN-fQ&s=19

DYOR

Https://www.kitco.com/opinion/2024-11-18/gold-surges-goldman-sachs-bullish-3000-forecast-amid-global-uncertainties

DYOR

Anyone know how many gold producing companies there are listed on AIM? It must be a relatively small set.

Yep, my bad. Speed typing and not checking. Must do better.

PS he lets himself get put off course by the interviewer. He needs to have a firm agenda that he wants to talk about and stick to it. It looks to me like, he thought he would be able to say that it was all done. The Chief of Staff was in Lubumbashi with the President at the weekend and he is the geezer that needs to release the paperwork. So if the CoS was still out of town or didn't come in then the paperwork wouldn't get released. He must also be sensitive to not saying anything that would upset anyone who could still cause a problem.

What he says is that RRR and VUP are now agreeable but that if they just sign something between them then Gecamines might say that they will release on terms they see fit. On the other hand if they wait for the Arbitration then Gecamines cannot mess around and will have to pay the full amount with delay or deductions. He needs to start getting precise on this matters.

The comments about the demographics were covered last week and were reflected in the President's speech last week about the Constitution. He obviously thinks that RRR will be involved in some way and he has said as much.

DYOR

So the BF kit should be moving down to site tomorrow and production this week.

Another delay from the CoS on the Arb paperwork.

DYOR

Https://x.com/StockBoxMedia/status/1858864632825340089

DYOR

Nike, the drive from Ouagadougou to Bilbale is about 3/4 hours dependent on the road condition. For most of it, it looks like a decent road.

Some production is part of the plan but they also want to establish where the areas of higher grade are. They have an assumed grade of 2 g/t for free gold and 2.5 g/t for saprolite. Further the RNS says prospecting kit. If you remember Willem said gold kin everywhere and we had the picture of a large illegal trench with visible gold. So it won't just be production and the grade. The information from this should allow FML to firm up a model that is fairly accurate.

Same response to you FW. I hope you didn't get caught again on your short. Once or twice maybe but 3 or 4 times? Not good.

Not looking so good here. Anyone know the expected margin on the production from the lateral?

Not desperate, sick of the trolls lying.

Until the company confirmed that Billings and the kit were in country, there might have been some merit in saying it won't happen. Well it has happened, it is what is called a fact, so why do we still have trolls denying that Billings is in country with the kit? The next jobs were to get the kit through customs, secure the kit, transport it to the site and then set up and then start operating. Having got the kit to BF, the rest are minor.

Again, I don't know but I see no reason why Bilbale is not in production this week.

It won't blow the bloody door off but it is a big step forward to be followed by a bigger step in January.

DYOR