Member Info for IsleworthSpy

@ Omniscient.

I am engaging with you. And you have still not answered my questions. You said at 17.19: """"However it would make good money as an open pit mine at these levels,but of course they can’t afford to mine it yet""""

I asked relevant questions to this. Now, i accept that you have a higher intelligence quotient than me, but for you to make a rather rash statement about the forward cost of mine build, needs to be substantiated. Don't you think?

Why did the price drop? I could use the age old answer that there were more sells than buys. But that doesn't stack up in my book. You understand, right? I could use the other old saying that market makers were accumulating shares, for the "obvious" future increase in price. But that doesn't stack up in my book, either. Are you still with me? Market manipulation? Maybe. But on the three above points, i couldn't answer. As i'm only a postman.

The grades are useless? They are not. Were the potential grades priced in? Possibly.

In short, I have no idea why there was a 15% drop in price.

I've answered your simple question, now answer mine. I can post them again. Or are you just being deliberately obtuse?

@ Omnisicent.

Firstly, i would like to apologise for getting your name wrong.

I'm glad you like engaging. If you can read and understand numbers, the answer to your question is shown above. Not necessarily correct, but quite close. Of course, this is the mid price. If you were selling, then the %age would be lower than shown. So we'll say 15% down on the day. Has your investment taken a hit here in the past three days? Shame. You shouldn't invest what you cannot afford to lose. Oops. Who am i to tell you that, oh wise one?

So Omniscient. Any answers to my 17.29 and subsequent 18.54 posts?

Please help me out. I'm so stupid and i have nobody else to turn too. I know that you know the answers. So, for all the less intelligent on this board, everyone, please give us the answers we crave.

Please, Sir.

@ Omniescent.

Google is clearly not as quick as it used to be, so i'll re-post my questions to you. Can you please answer for this idiot?

My 17.29 post.

"""""OMG!!!! They can't afford to mine it yet? I didn't know that OMI just had a placing because their funds were running low.

Why would they even try to mine it when an MRE, PFS and DFS have not even taken place?

How much does it cost to build an open pit mine?

How much would they make at these levels? How much gold is in the ground? I'm sure that you have all the answers in that massive brain of yours.

Your answers have confused me. Please help me out.

I'm loving the education. It's like being back at school again.

Over to you, Sir."""""

Your intellect far surpasses mine, so if you wouldn't mind answering. Pretty please?

@ mike1974

I'm certain that DK has pulled many strings in his pursuit of RMG. If this gets less than 75% approval, i will be very surprised.

Having said that, if it does not meet the threshold, it would be very interesting to see if he makes another offer. I cannot see him walking either, and i cannot see him wanting someone else to run his 30% of the business.

Let's see if the smaller holders, of which there are many, vote against.

Has there been a recent update on the %age of votes for the takeover?

And the USO reform? Surely it's a given,now that RM are trialling it from Feb next year.

@ Dr R.

I agree. For whatever reason the price is down. The grades are economically viable if there is enough gold in the ground. A big hitter just upped their holding. PEP 016 will probably confirm that the better grades lay in the opposite direction. Some here do not understand, that this happens in mining. Let them believe that the grades today are low. As yopu've posted, most (all) junior miners would give their right arm for grades like this from surface.

We are not allowed to say "open pit mining". Because we are not mining.

@ Omniescent.

OMG!!!! They can't afford to mine it yet? I didn't know that OMI just had a placing because their funds were running low.

Why would they even try to mine it when an MRE, PFS and DFS have not even taken place?

How much does it cost to build an open pit mine?

How much would they make at these levels? How much gold is in the ground? I'm sure that you have all the answers in that massive brain of yours.

Your answers have confused me. Please help me out.

I'm loving the education. It's like being back at school again.

Over to you, Sir.

@ Impecunious.

It's not combat. It's like playing with children.

When you give a positive response to a question, it's always, why? I'm just entertaining them.

@ Omniescent.

I have no idea. My intellect is not as great as yours. So please, for the stupid here, answer what i have asked. And i will be forever grateful. Are you being a tad "silly"?

And whilst i am asking questions, do you think if Pepas averages 3.75 g/t au, would it be economically viable to mine, including mine build costs?

I wait, in eager anticpation, of your answers. As do, your following here.

@ Omniscient.

Who said the results were fantastic? What the majority are saying is that 3.75 g/t is not low grade. Lower than the last three holes, but higher in grade than PEP 001.

IF a mine is built at Pepas, it will be open pit, and if the whole of Pepas averaged 3.75 grammes of gold per tonne, then it would be economically viable.

I'm surprised that with your vast and unquestionable knowledge, you find it hard to understand the basics.

Or are you being a tad "silly"?

Orosur Mining Inc - Toronto-based mineral exploration & development company focused on South America - Returns substantial, high-grade gold intersection from first three diamond drill holes at Pepas prospect in the north of the Anza project in Colombia. An intersection of 150.90 metres at 3.00 grammes per tonne of gold is returned from the surface of PEP001. Additional holes are now underway across the Pepas and Pupino prospects on Anza, Orosur says.

"To return such a result for the first hole in the first drill campaign in an untouched area is a spectacular demonstration of the potential of the Anza project," Chief Executive Officer Brad George says.

But 3.75 g/t is low grade, according to the geologist and mining expert, Omniscient. I better sell my shares, and quickly.

@ Omniscient.

Let's take a few steps back.

13th December: BG said 015 assays were in Medellin. So let's assume that they arrived on the 12th.

This means that the labs have had them for 6 working days, including today. I have no idea if staff work their weekends. Let's assume that the results are over 5g/t. So, another 2-3 (working?) days. That's on top of the 3-4 days BG spoke about as the turnaround for results. Top end, 3 days + 4 days = 7 working days. Which brings us to COP on Monday. Would the results then be sent to OMI? I have no idea.

On the flip side. If results are under 5 g/t, then as price sensitive information, this news would have to released in a timely manner. So, assays in Medellin on the 12th. 3 - 4 working days brings us to COP on Wednesday the 18th. There is no need for further tests. So an RNS should have been released by now.

Just my calculations. There could be any sort of delay. I was hoping for a positive result today, on the possibility of staff working at weekends. We don't even know if they have shut up shop for crimbo.

Just my open-minded opinion.

@ Impecunious.

I'm sure that your shareholding does not reflect your name.

@ Omniscient

Are you suggesting that the results from 015 are bad?

@ Omniscient

Seeing as though many on this board do not have your greater knowledge, can you please explain "we will know what to expect".

I don't know what to expect.

@ JBT.

Forget about poor employees. You have them in every industry. But the sheer waste on white collar workers is appalling. The total apathy towards saving money, as is what is required by shareholders and the business, is worse now, than prior to privatisation.

And whilst i agree that managers are needed, will you need more or less, with a dwindling blue collar work force.

As for culling? It will be done voluntarily or through natural wastage. Much the same as was heralded here by many, when it applied to the blue collar worker.

Us lower level workers will be needed now, to make a smooth transition when the USO reform kicks in. But 2 years down the line, who knows?

@ mike1974. Now that things are "moving", I have to agree with you.

@ Redceo. Wouldn't that be great for holders here. Would DK up his offer to what may be called reasonable?

@ JBT. The CWU want all delivery staff to work to their time. This includes overtime. One reason why they are very accepting of these proposals. I would not include the majority of delivery staff. I would also suggest that the CWU look forward to a very large cull in management roles. I can see DW grinning from ear to ear.

I cannot wait to see how these trials work out. I have a lot of friends whose delivery office is within a mail centre. I'd imagine that these types of units would be the ones doing the trials.

But in the meantime: Let's hope it's a no vote.

I've read today that trialling the USO reform starts in Feb 2025. Scaling up to 37 delivery offices, it will also include 13 mail centres and distribution centres. Apparently in readiness for when OFCOM "agree" to let the changes happen. This is envisaged to be in summer 2025. First class letters 6 days a week, any other letters, every other day, monday - friday. Parcels 7 days a week. A littlt too late for many shareholders.

@ Dr R.

In an ideal world for me, there will be 2 RNS's tomorrow.

Warrants exercised swiftly followed by PEP 015.

In fact, i will stick my neck out and say both will arrive by Friday.

Just my opinion.

@ AdenM.

It wasn't that long ago that Canadian volumes were about the price of a second hand bicycle. With punctures.

@ AdenM.

""""Not much that wasn't already known""""

Really? Each to their own.

But i would suggest that "ONE" stand-out point was when BG said that a JV for Pepas wasn't the way to go, unless it was exceptional. Not the exact wording, but you get my point.

Another would be that BG stated he had never seen these grades in 40+ years.

Not things that are said lightly, and up until yesterday, not known.