Member Info for howezap

Found racecourse on google maps if of interest to anyone

Dropped pin
https://goo.gl/maps/p6KiK43TbW4D3Bn8A

https://www.rns-pdf.londonstockexchange.com/rns/8229M_2-2021-1-25.pdf

Overheads are only 4-500k annually I would hope the funds would see the next phase of drilling covered.

Couple of TR1’s would be quite possible

Would agree with your reasoning too, RNS’s are very carefully compiled and verified for accuracy.
Thanks

If ever not sure just sit tight, I always keep a contingency to snap up any bargains with and to just generally trade punts with. Nothing wrong with keeping some back, gives you a bit of flexibility with strategy.
Can’t comment on other stock you mention don’t know much about apart from the favourable jurisdiction.
Best of luck, but I think where we’re going you won’t need it

Pleasing news from kalengwa! All adds value.

Added accordingly, twice actually

Lukeytukey. I too have a tranche in the 7’s, at the time it was the right decision. Still stand by it, never dwell on it with ifs, buts or maybes. Just keep adding if means allow.
It’s all about the quantity of shares held that will make the difference when the price is multiples of where it is now in time. 2mt is looking achievable imo

That would be all good timing docit would be great to switch off next weekend, getting consumed at present. Not a bad thing really.
Guesstimate for hole6 was approx 750m by this weekend I think so is possible could get near to end of next week still turning. I will stand corrected

If not finished by then of course

Is it likely that drilling could or would continue over the bank holiday weekend
They have been working at weekends anyway.

Will be watching closely Monday morning as may be able to grab a bargain if weak or ill informed holders decide to sell at this stage!
So much potentially positive news to follow in coming weeks.

Results for the quarter were to be expected considering the adverse weather. Not surprised.

Will pick up

Been mentioned before, can’t remember who, that the reason why price hasn’t moved north quicker is that there’s distrust around Colin bird, and a reluctance to invest!
I know people in general can be very fickle! But really? That cannot be a thing surely. Always thought in business, you are only as good as your next deal.

Load of tosh if you ask me.

Is a strong buy and hold long for me.

Any investment strategy I normally stick to has kind of gone out the window here. Confidence all round is good so have built up my position and am now probably a little too exposed. But, it’s such a great story unfolding!

Did say that was it for me but will top up again

Actually is not a spelling mistake, is a genuine attempt at a very clever and topical title that relates to the potential sale to a major.
Didn’t mention it earlier as I didn’t think anyone would believe me! Hmmmm

Jemg
It’s the nature of the beast that is exploration mining I’m afraid. Stupid high risk sector that requires large investment for often nil return. Do you think CB is the only one? I’m very lucky enough to have not yet been burned so I don’t want to comment further except that this resource once realised is that once in a lifetime find and will go a very long way into rewarding back long term holders and all other investors. If there is another placing required due to delays in revenue coming online then sobeit if it gets us over the line. Just an opinion

Ha ha yes that would be good

You can tell if you know what you have bought into if, you can articulate 3 reasons why you have bought and 3 reasons why potential risks are minimal.

Firstly, we know it is a bigger resource than first thought! How much bigger, only time will tell.
Secondly, Colin Bird has spent his own money on open market shares.
And third, drilling programme is fully funded.

Potential risks,
Firstly, Jurisdiction. The mining jurisdiction Is probably the safest in the world.
Secondly, there will be no production risks as once proved we know Colin wants to put a bow around it and sell on to a major.
Lastly, future lack of funding! We know there will be revenue streams coming online from other assets soon.

Other reasons as to why investors have chosen to invest?

Idea was from a podcast I heard earlier, just passing the time of the evening with a cold beer while market is closed.
Cheers

Thought Zak’s dig about everything you hear on a bb should be taken with a pinch of salt was amusing. Agree there can be a lot of fodder to sift through but the contributions from some of the regulars has proved extremely helpful. Great bb keep I up all

At 50p I could buy the house outright and retire early! A nice thought for sure, just confidence in the share and some patience needed.