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Just to make clear an appraisal drill is very different to a wildcat drill..

Appraisal drilling is carried out to assess characteristics, such as flow rate, of a proven hydrocarbon accumulation. Appraisal drilling is drilling done when oil or gas has been discovered, to assess how much there is, how big the field is, the possible rate of production, and the properties of the oil or gas.

Post this morning on another BB:
Monday, August 2nd 2021
Half Year 2021 Jubilee Metals Group PLC Earnings Release

According to stockopedia

I think your argument is flawed. I think it has strengthened Chariots position to have a stronger financial position. It says a lot to the potential partners that Chariots funds are on the line. The investment from the CEO and his guarantees give him serious skin in the game. Investors put great store by the key Directors having their money at risk. They may well still pull in a partner or go it alone as they have the funds.
The presentation was good and CHAR looks to have a bright future with a strong team.

Recently we have had a number of posters who have become experts in Nicaraguan politics apparently. We should look at the bigger picture and the other miners in the country are not having problems or expressing concerns. However what I take notice of is Rio’s investment in Calibre and it’s strategy to invest further in Nicaragua via Calibre. Rio understands the politics of mining on a global basis. When they did their due diligence on Nicaragua before investing in Calibre they will have looked at the political situation in detail both currently and going forward many years. Rio decided to invest and Condor should take great comfort from that. If Rio are happy to be in Country so will other serious Mining Companies who may well see the current low sp as an invitation to make an offer. The possibility of a bid gets higher every day and those people essentially advocating that nothing will happen for a couple of years may well regret their current fairly unsubtle deramping.

Now Up 7.1% from 40 trades as the volume exceeds 1 million

100000 buy at 21.9p has just gone through moving it Up 1.2%. Followed by 10000 at 22p so looks like we’re moving again.

Still just that 1 buy trade of 1172 at 8 am and no further trades for 53 minutes now.

A lot of chat but no trading this morning apart from a 1172 Buy at 8am. What is going on after yesterday’s interest?

I listened again to yesterday’s Q&A where the question was raised about the CFO predicting a 10x share event and was he now withdrawing it . The answer from the CFO was he was standing by his prediction of a 10x share event which was followed by the CEO saying both businesses were highly scalable and were capable of multiple increases in value.

The Operational Update is in 2 days on Wednesday following the AGM. I don’t think they will want to disappoint us!

Just seen about 80 AT trades at 10.48 all for 3133 shares as the volume hits 1.7 million.

Honest Tom
Finally this morning Barclays have changed my FFWD shares to SEED so only 10 days late!

The CFO talked about a 10 bagger a few months ago so there is a good range of upside to look forward to.

Welcome aboard Jhoughton
As you can see we have the usual derampers on this board but I am sure you will quickly spot them just like the 2 who have stepped in already.
However in answer to your question the operational Update will follow the AGM in a few days time on 28th July.

Yes in reference to Leap he did say month which he quickly corrected to months. I did wonder if that might prove to be significant. Ed is extremely bullish about SEED being a lot bigger and in the short term that’s down to Leap. He is going to need a chunk of cash from Leap to fund his new plans. I get the feeling Leaps liquidity event is going to be sooner rather than later and when the market gets wind of that we should be back to the 15p high we saw earlier this year. This time it should keep going if Leap comes in as expected.

I would not think an RNS would be necessary for a few% of land as it’s not material in my opinion. I am sure we will get an RNS when it’s 100% !

Honest Tom
I use Barclays as well. Just contacted them on chat to point out they hadn’t changed the name. They have advised the technical team that this should have been done on 14th and I have been told the change will be made shortly.
I also raised the fact that you can’t buy FFWD and asked if it would remain like that. She said they were reviewing it because of its connection to blockchain. No idea what that’s about but told them the only blockchain connection was Factom which is no longer trading and written down to zero in the accounts. No timescale on that review.

It is insane that in the face of these excellent results that would have set the share price of an early stage explorer alight we have seen just 8 trades and volume of 59000. Mark has delivered the 6 weeks of strong news flow that he promised but the PI’s are just not responding.
It is clear that Mark must now focus on putting all this gold and the economics of this project in front of people who will understand its significance. That means potential bidders need to be focused on which actually I believe has been Mark’s intention all along. He has enough drilling to support his view that we have 5 million ozs of high grade gold that can be extracted at low cost by industry standards. Now is the time for that sale as it will remove the requirement to finance the mine and the dilution that would involve.

Mark Child, Chairman and CEO commented:

"The high grade, wide, drill assay results between the two La India Starter Pits are a positive surprise as this area was previously interpreted as a lower grade zone within the main fully permitted La India open pit. LIDC452 returned 60.60 m (54.5 m true width) at 1.98 g/t gold from 4.15 m drill depth, including 5.75 m (5.2 m true width) at 16.88 g/t gold. Mine schedules will be re-run to determine whether the two Starter Pits can be amalgamated into one Starter Pit and thus provide additional high grade mill feed from surface. Furthermore, the broad zone of mineralization is likely to reduce the overall strip ratio for the main La India open pit, as there is more mineralized gold tonnage verses waste rock, thus potentially improving the Project's economics.

The drill results strengthen the case for expanding the Starter Pits, which are within 35 m of the surface and contain approximately 455Kt at 4.17g/t gold for 59,674 oz gold using a 2.00g/t cut off grade. The intention is to mine the Starter Pits early to quicken the payback period. The Starter Pits sit within the main fully permitted La India open pit, which has a Mineral Reserve Estimate of 6.9Mt at 3.1 g/t gold for 675,000 oz gold".

More gold, higher grades and improved project economics. Let’s see if the market and or potential bidders are impressed with these results because they most definitely should be!

I agree with your comments TheeDuke.
Not at all sure why people are critical of Derek becoming non executive Chairman of Guild. He was already a non executive Director so it’s a very small change of title and just means he will chair the meetings he was already attending. He can continue to closely monitor our investment as he has in the past. Just as a matter of interest I would like to know the real reason for Carlton’s departure!