Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Or making pizzas.
Dogstartrader, it strikes me that you'd be better off doing a few shifts at McDonald's, rather than all of the time you've spent posting on here trying to make £300 and losing £24. Hour for hour, you'd be better off flipping burgers.
I get the need to face-palm myself every time I read this board with the amount of misinformation being spouted. A quick search would help peeps. First, I don't think that the rain has started yet, as the weather forecast is OK for the next two weeks. Second, iamgold have done diamond, rotary airblast, and reverse circulation drilling at Fare down to 250m, and Madina Bafe down to 100m previously, with very good results, and them dragging their knuckles is a double edged sword, as at this level then another company could swoop, even for 30%. The other point is that the Fare results are due in q3, which is the next 12 weeks (hopefully sooner rather than later). I suggest you all read the jorc table and not let the knockers get to you. As for Zak's chart (again).
Well at least that's out of the way. It remains to be seen if anything comes out of the testing in Canada (something to cling onto). That was a poor appetiser, but I remain optimistic about the results from Senala. The only question is when those results will be delivered.
Anyone got any thoughts on the request to back them to issue more shares?
https://6ix.com/event/oriole-resources-agm/
The link is in the rns if this doesn't work.
Anyone watched the q and a yet?
They confirm that drilling has completed at Fare. And that drilling at Madina Bafe will begin very soon.
I read that all of the gold on earth has come from space. Its now just a case of finding the mothership. I'm hoping that the gold system found so far is like smoke drifting up from a fire, and so they now need to find a feeder system. For me it's a positive that the gold gram increased at the lower depth.
The grades are better the deeper they get, and so the gold is there and they just have to drill deeper.
Well at least there will be news next week. Its the last day to submit questions.
/i don't know why everyone is so focused on the oil revenue, as its the gas that earns more. From the final results, oil revenue was $2,784,248 and gas was $8,279,416.
Under commodity price risk, i also stated that a 10% uplift in the price of oil/gas would result in an extra $827,942 gas revenue and $278,425 oil revenue.
Also in the accts, it says that they negotiated a 28% premium in the price of gas, suggesting an extra $2,318,238 in extra gas revenue (provided that the gas output is the same and consistent).
Minm
I'm hoping that the results from Madina Bafe will be during q3, possibly q4. This could be a question to put forward.
With regard to the warrants, I'm hoping that they'll still trigger the accelerator at some point, just to be rid of the warrant overhang.
Maybe the results were held back until these warrants were exercised. Who knows. But I reckon that most of the warrants have been offset by short positions.
The warrants exercised today were due to expire on the 13th June 2021. The other outstanding warrants have an exercise price of 0.68 and 0.70
And when do they anticipate drilling at Madina Bafe to complete?
How many rigs are working at Senala?
Is Senala still on track for completion of drilling at Fare by the end of q2?
Has drilling commenced at Madina Bafe?
Are you going to release the results of Bibimi in four stages, split between areas?
When is Orr going to make me rich?
Do you have a link
I thought that part of the Kirkland deal was that the owners kept their jobs.
And hole 29 was an unplanned hole.
If you look at where they drilled, in the graph from the presentation, then they drilled hole 29 near hole 1. Hole 1 was drilled at an angle and they hit 1m at 4gt but it was drilled at - 50 degrees. Did they go back and drill straight down to test more depth. I don't know and am speculating, but they did end with hole 29 near to 1.