Member Info for itsyou

1) Nyakafuru Reefs and Simba no longer part of the acquisition, so those numbers are old

2) "As a result of the funding announced today, the Company will not be proceeding with the previously announced convertible as announced in the RNS dated 7 December 2022."

Yep, still stands today as well, if not more ratified by your hypercritical comments today and last night, when also name calling, or being non politically correct!

Bebeto,
Everyone has there views, right or wrong and It's always good to look for negatives to protect your investment.

What I'd prefer not to read is the same thing mentioned everyday; it's a waste of my time. Or going down another avenue of criticism.

Even on day's when there are no other posts, your seemingly addiction to posting get's the better of you. Take some time off, go and do something less boring instead, as the phrase used to go ;-)

I've always expected dilution, as detailed in the Prospectus and knew that to grow, Killi's plant capacity wasn't enough to enable it to self fund the growth story. IMO even 12k wasn't possible, when you read the prospectus. At 24k it will be in a much better position to do that. Forward financing of selling gold is also a game changer, which will limit dilution.

I've bought a position here and fully expect the fraction of the company I own to decrease, although would be over the moon to own the same fraction of a mid tier. But I'm happy with dilution, if that dilution adds more value than the dilution.

Agreed on the lack of technical data on the Drill results, which I have mentioned to the company and they appear to be getting better. Also would like to see the mine plan and plant schedule, amongst many things, including better Quarter reporting.

Bebeto,

You're either a Troll, need glasses, or maybe just unresearched

from the prospectus
"The Company will pay to Mr McCrae an annual salary of £75,000 per annum and to be reviewed after 6 months from readmission".

31 Dec is less than 6 months after RTO

So you've never listened to the numerous interview since JB left donkies ago? I'm sure you've commented on them before. But fair enough if you just read RNS.

Most of the dilution you talk about is listed in the Prospectus pre RTO, which a lot of those warrants will only be triggered at 2.5p, rest at 1p, which will raise cash if exercised. There is Tanz dilution, but as Simba and the Reefs were removed, the number is less than you say.

How many producers have no debt to currently service, although this meant a lot of the previous debt was converted to equity and unfortunately a lot of those seemed to have cashed out, hence the selling IMO.

So ounces were taken out of the last MRE, but drilling will rectify.

"firmly focuses on Kili and Nyakafura"

Bebeto,
Why constantly guess, **** stir and be repetitive? It's ok, we're all wrong sometimes, it's human nature. ;-)

https://www.miningreview.com/gold/barrick-to-resurrect-moribund-mines-in-tanzania/

Bebeto,
Have a look at the middle blue box, which looks like xxxx @ xxx Ag g/t
It very much looks like an A to me and as the next character goes lower than the bottom of the A, then g it looks like and not can't be a u, which is level with an A. If you get what I mean!

The plant has already produced silver historically, so IMO no adaptation would be needed, unlike for Cu.

Hopefully Franck's presentation to Riaan can now be formulated into words for an RNS and approved for release by the BoD, so not long hopefully to wait for the actual facts, instead of our guessing while passing the time.

Me too RPdard, Is that "Gold and silver Intercepts", hence blue and gold boxes?

The plant has produced silver before
"Between 2012 and September 2020, the Kilimapesa Gold (Pty) Ltd had produced 20,487 ounces of gold and 3,073 ounces of silver, a significant part of which came from the reprocessing of artisan miner’s tailings. " - Prospectus

The higher towers blocks in the other diagram, may indicate longer widths, but it's really difficult to see.

Bebeto,
Excuse me, but that's the complete text from the Prospectus, not my story or knowledge, of which I know no more!

Robert Andrew McCrae, Executive Director (born March 1973, aged: 47)

Robert McCrae has over 25 years’ experience in the mining and exploration industry in Africa. Mr McCrae
qualified with a BCom Economics and Financing from the University of Witwatersrand. He has been involved in
the exploration, development and financing of projects in over 15 African countries across a broad range of
commodities including precious metals, gemstones, base metal, bulk commodities and industrial minerals. He has
managed both the development of these projects for both private and listed companies and has acted in roles of
project owner as well as project/construction contractor. Mr MCrae was the founding shareholder of Mining
Project Development ltd, which owned the Zanaga Iron Ore Project in the Republic of Congo prior to its
acquisition by Glencore.

Mr McCrae has held senior executive management positions with a number of Australian Securities Exchange
listed mining and exploration companies, including CEO of Minbos Resources, which had several high-grade
phosphate projects in Angola and the Democratic Republic of Congo and COO of Black Mountain Resources
which operated a high grade vermiculite mine and phosphate exploration project located in Uganda. He was also
a founder of Luiri Gold Limited, which explored and developed gold projects in Zambia and where he was also
involved on the listing onto the Toronto Stock Exchange. Between 1994 and 2006, Mr McCrae was Director,
Business Development of MDM Engineering (Pty) ltd, an African focused natural resource contracting and
process engineering companies in Africa, which was responsible for the construction of processing plants for a
number of major gold and copper operations throughout Africa.

RPdard,
I wasn't aware that was the plan of having CIL 1 on Tailings only, so good that the Tailings plant(Plant 2) is getting extra capacity.

BTW, Robbie replied to the Tweet with "Looking forward to seeing the finished product and the start of CIL 2" , which i'm assuming CIL 2 will be for Plant 1.

Todays Tweet is important as it tells us that the main milling plant for the high grade ore(Plant 1) is being upgraded now, with the installation of additional CIL tanks, which will increase processing capacity when in service.

We also know from Robbie's latest interview that they're likely to have also started on the main HL pad(Plant 4) now.

A mining companies valuation has a lot to do with the number of ounces expected to be produced over the mine life and the profit per ounce. Any potential forward sold ounces now, by the sounds of it will soon be replaced with the next resource expansion. Especially if we take Robbie's comments of being very excited about Vim Rutha drilling that's been completed. Wide mineralisation from surface would knock spots off the thin narrow veins on the Hill. The same comments on exploration results received, but not yet announced also came from Riaan, Franck and Gerard.

The carrot has been dangled for long enough on these comments; time for Kenyan Airways plane to be the next Tweet!

Trek
I did follow you here; wish I'd picked another you posted on ;-) I didn't understand the sector at all, although had some small scars from Alizyme many moons ago and swore never to re-invest. But I liked the fact that I might be doing some good by investing in a cancer diagnostic, that could actually save lives. I also don't want to be the richest guy in the graveyard!

Like yourself, I've had one real shocker, which wiped a lot of my savings. I didn't start properly investing in the stock market until I'd paid my mortgage off early, although did all the privatizations. Saving and borrowing at the same time never made any sense, unless you were the Bank. Did it before aged 30 and man it felt good, so KD37 you're doing the best thing as you own that roof over your head now! Nothing like having the Deeds delivered to your address. The losses educated me and ONC will now be added to the other one that is visible to me daily, so that I never forget what made me press the buy button each time, as after all it was my choice each time and each time probably had different reasons.

I've made life changing money in the markets on various stocks(was a lot easier in the long running Bull market), so my loss here is just giving a little back to the guy that may have been on the other side of my trades before. Only own stakes(non notifiable) in 2 companies now(one used to own the other), but majority is sitting in the bank earning a bit of interest at last, but is more than enough to last me out even with inflation.

Truly wish everyone the best of luck; won't post here again.

This company have again failed to deliver guidance. What happened to... "Management now guide full year ImmunoINSIGHTS revenues to be not less than GBP6.0M.", let alone EarlyCDT revenue. Group revenue was £3.86m. I'm reading any future revenue(only says "potential" anyway) statement today with a pinch of salt.

CFO selling P!ssed me off, as did them not getting the £2m payment for sales.

Last straw today for me with cash in bank dwindling, so sold at a very large loss(most the trades were mine first thing, totalling 176,732). Was already 50% cash, now increased a bit, but as someone said yesterday, at least you can get a return on cash in the bank these days, as opposed to having it invested her

Good luck all, this is just not for me this business as never truly understood it. Stick to what I know best. Can't win them all.

Unless it's been sitting in the in-tray for a month(he last notified 8th Aug)?

Maybe the drill results were there too and are up next? ;-)

https://www.youtube.com/watch?v=Em1MPYNQFhc&ab_channel=StockBox

Diamond Drill Hole

125m of mileralization from surface and still going, plus visible gold(only viewable over ~30g/t).

That's some deep Open Pit! What's not to love, apart from the RNS? If GCAT followed SOLG, GGP or WSBN they'de have RNS'd this. Quiet and confident, no rampy.

So Phase 1 regional exploration continues and they're now putting some holes in Teng-Teng, after first pass drilling on Maghor and Vim Rutha.