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$2,405

So $2,409 looking better. Have the margin calls been funded?

DYOR

Doggie, you are intelligent enough to know that is not a good argument.

The price of gold affects the value of non-producing gold assets just as it does producing gold assets: maybe not to the same degree but it does.. A $3k gold price will be very handy.

Anyway, Doggie what to comment on your ultra rampy post from last week? You were far rampier than anything I have said: changed your mind or still waiting to buy in for the 10x?

DYOR

So there was some commentary early doors today that gold would see turmoil with those seeking liquidity for margin calls selling and those seeking safe haven buying. So it dropped initially, now it looks like the bounce is on. So the question then is a dead cat bounce or a dead parrot bounce or this now moves up substantially and so it a live Tigger bounce?

Https://swahili-dictionary.com/swahili-english/mbele_mbele

FYI

Hey Doggie, tell us about UKOG.

*luckily RRR/ALR hasn't....

Nike, Burkina Faso remains the most important asset for the moment.

There is no change on ALR: until such time as the lithium price recovers, I doubt that much will be done. There are some signs that the lithium will soon start to recover. The solution for high lithium prices is high lithium prices and the solution for low lithium prices is low lithium prices. We have in recent weeks seen lithium producers ceasing production because the prices are too low/costs too high. Eventually this will result in an undersupply.

It may be that we don't get back to the lithium prices from two years ago but who knows? Luckily RRR/ALR has caused value destruction unlike some formerly heroic companies I could mention.

DYOR

Zumore is an idiot, who couldn't find his own bum with a map and torchlight.

The beaconing is part of and parcel of the EIA: no beaconing no EIA. As part of the EIA approval process, the relevant dept has inspectors to visit who check amongst other things the beaconing. Again, already in the public domain.

In all these jurisdictions, there are always people who try to grift something and there is no reason to expect that Zimbabwe would be any different. The EIA settles it.

DYOR

Https://x.com/HedgehogTrader/status/1820105291532566754

DYOR

So now that people have had the opportunity to review the information on Tin Hill: thoughts?

Obviously, not a lot of value there just right now because of lithium prices but it is a really decent asset that will be worth a lot of money if and when the lithium price recovers.

DYOR

So that was the fourth or fifth time I have been accused on here of posting inside knowledge and each time the information was in the public domain and the accusers were simply uninformed or at least pretended to be.

When I say, DYOR, it means DYOR.

Dukey, whether Doggie intended to or not he posted on here that he is uber bullish on RRR and expects a PPP/UKOG style rise on good news. So he is predicting 500%/1,000% up. Maybe you ask him to post in detail about why he thinks so much upside?

*I did say it had already been discussed on here.

So sometimes I let people prattle on about something to make fools of themselves and then deal with it.

So to add the things that Mr Super Accountant knows all about but at the same time doesn't lets add the latest accusations of disclosing inside information. The below is taken from LSE in 2023. Either he didn't listen to the interview and/or didn't read my posts or he did and it suits him to pretend otherwise.

Posts: 13,583

Price: 0.155

No Opinion

Interview21 Aug 2023 16:41

Again, https://twitter.com/StockBoxMedia/status/1693628986260083088?t=bnw9ovAL04HZWPQQIHWJWg&s=19

DYOR

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Helpful

Posts: 13,583

Price: 0.175

No Opinion

RE: Interview21 Aug 2023 17:21

Always worth relistening to these interviews; sometimes, the clue doesn't leap out at you first time around.

1. He thinks we have grade in excess of 3% in some parts of the acreage, including Tin Hill (very good). Note that the grade at surface can be lower than the grade at depth because of weathering. He thinks that the pegmatites at Tin Hill continue to depth.

2. Local sales are off the agenda and it is now solely export: partly because there are only two APPs in Zim.

3. Tin Hill is a lot bigger than ALR thought. The pegmatite at surface continues into the side of the hill and continues underground. The two geologists also identified two other pegmatites on the acreage lower down the hill with a possible fourth pegmatite. Tin Hill now looks very good and significantly larger than previously indicated.

4. He obviously thinks that we have spodumene and petalite at Tin Hill.

5. He thinks we can do something at scale pretty quickly at Tin Hill: ie., a lot bigger than 5k tonnes pm.

6. Tin Hill is first and then move on to the others. Obviously the geologists agree on the various sites and that they are commercial.

7. He obviously thinks that DRC is imminent. If we see a tweet of him at Heathrow, we know where he is off to and for what purpose.

8. That First Equity report commenting on ALR is now completely out of date and vastly undervalues Tin Hill and the rest of the Zim portfolio.

DYOR

ReplyRecommend (7)

I did it had already been discussed on here.

DYOR

Doggie, I will play; you are obviously not as thick as you make out, so...

Conditionality; in effect a qualification or caveat. "Should" is conditionality. Should does not imply or state certainty.

AB has covered this. When the kit got to customs SA customs wanted to charge $120k in VAT. If you understood how VAT worked you would know it is not charged on export.

This has been explained multiple times on here. What you are doing is called Nelsonian knowledge: pretending inconvenient information doesn't exist.

DYOR

Doggie, you little old closet ramper, you! So how many times up are you looking for here?

NB it seems that the Cairn/Capricorn/Tullow JV completed the work programme by default. The seismic contractor declared force majeure (look it up Lycra Boy, you know with you being a bit rusty) because of COVID restrictions and in turn the JV declared force majeure and exited from the licences. So yes they completed the work programme by virtue of the declaration but in practice the 2D wasn't completed.

So now becoming clearer.

Anyway, EOC now has five very decent licences.

DYOR

so i have been looking at the cairn/tullow oil jv which had the cdi ci 520/521/522 licences and which gave them up in 2021. the information from tullow is sp**** but it looks like tullow was under pressure and needed to make decisions about where to allocate limited capital. it seems it dropped out as the operator of the jv in december 2020, withdrew from 521/522 and intended to stay in 520 but it seems it was dropped later without much fanfare. there is a line in its report where it states it intends to concentrate on 520 and the offshore assets. it looks like tullow had some big write offs and had to make some hard decisions.

before giving up the licences they completed the work programme requiring 2d seismic.

before the idiot trolls who know everything whilst reading nothing and understanding less start prattling on: tullow gave up pel90 in offshore namibia at the same time.

sintana picked up a position pel 90 and chevron subsequently farmed in. https://theextractormagazine.com/2024/04/24/chevron-to-drill-exploration-well-on-pel-90-in-december-2024/

https://sintanaenergy.com/projects/offshore-africa/pel-90/

of interest sintana has a half block to the west of eoc's onshore block in namibia.

https://www.capricornenergy.com/news-media/news/2021/pre-close-update/#tabundefined=1

dyor

dyor

$2,475

Would be nice to get to $2,500 later today.

DYOR