Member Info for JBCo

This move is in its infancy. You don't price such a cheap cost build with such ridiculous returns at £60m lol. This will double very quickly imo... now that the word is out. Baron flagged to his 17k holders and the instis reading the note. Will post more tonight.

Enjoy the ride up!

You mean "up to three deep high impact wells"

monster update. Wonder who the “leading international E&P company” is. Any thoughts??

Snippet from Tennyson:

Block Energy (BLOE LN) has announced the agreement of farm-out terms on exploration licence XIQ in a major step forward for the company in Georgia. The undisclosed farminee is a “leading international E&P company”, with deep pockets and an excellent track record in the Eastern European region. BLOE currently owns a 10% stake (plus back in rights up to 22%) in the XIQ licence, which contains the 302 mmboe Martkopi Terrace prospect, alongside the operator Georgia O&G (68%) and State-owned oil firm Georgia O&G Corporation (22%). Under the agreed terms, the farminee will carry the full cost of 3D seismic on the Martkopi Terrace and up to three deep high impact wells. In exchange for this, the farminee will acquire operatorship and up to 75% of the licence with an additional option to move to 92.5% in return for certain extra cash and royalty payments to the sellers. Completion of the transaction is expected to occur Q4 2025-Q1 2026, with the finalisation of farmout documentation and Government approval expected to happen simultaneously. The farmout is a major event for BLOE and expected to lead to the drilling of the giant Martkopi Terrace structure at zero cost to the company. Even with a minority interest post farmout the potential upside for BLOE’s is significant relative to its currently modest MC (US$9m).

I can't remember the last time i saw an rsp so stacked. It will go wild when they finally let you in

Will explode when they finally let it open

Cheapest gold setup on the market by miles. The IRR% is insane for such low capex requirements. Buy, hold and then just leave them alone. This will do an EEE type move ahead.

Can they convert to real sizeable revenues is the question

Morning all! Looking forward to a good day ahead

POST 3 - Taken a few more snippets from within the report, will post more later tonight. Have a great day all.

***FROM PAGE 6***

Pepas topping the charts with some of the best gold intersections globally -

Orosur has enjoyed immediate and spectacular success upon commencing its second phase of drilling at Pepas with the first 11 holes (PEP012 to PEP22) returning substantial gold intersections. The table below highlights some of the best intersections at Pepas to date. Note that all of the intersections are either from surface or very near surface. The single best intersection to date comes from PEP045, targeted as part of the MRE infill programme. Best of the best. Intersections from the Pepas programme when converted into a grade-thickness measure (grade multiplied by intersection width) have been consistently ranking amongst the best gold drilling intersections reported globally in any given week.

***FROM PAGE 7***

Results from the in-fill holes (PEP044 onwards) so far have been exceptional 38.5m at 6.01g/t Au, 62.3m at 12.76g/t Au, 53.2m at 3.36g/t Au, 104m at 6.61g/t Au (see Fig 4) and continue to increase continuity of the high-grade mineralised zone in the area that will likely form an optimised open pit. The theme emerging is that the infill drilling is surprising to the upside in terms of grade which will add important ounces to the MRE.

***FROM PAGE 8***

Feeder potential at depth? Drilling at Pepas so far has only probed down to approximately 90m depth in order to support MRE work and initial economic considerations. However, Orosur is cultivating a theory that the bounding Tesorito South fault, may actually be the remnants of the feeder zone based on the increase in grade towards the fault. Further drilling will help aid understanding around the litho-structural controls upon the exceptionally high-grade mineralised zone at Pepas.

***FROM PAGE 9***

Eminently achievable production scenario for a junior Given the prospective ground, district-scale potential and discovery success to date, we believe that Orosur will continue its growth trajectory to become both a gold producer and larger cap explorer of some scale. However, we see the key investment thesis at present as being the nearer term production scenario offered by Pepas. It is not just the potentially rapid development timeline that is attractive here, but the fact that the technical and financial execution of the project appears to be achievable for a junior company.

Mentioned a very bullish note on OMI earlier... one of the reason why the shares are exploding. Just added page one of that note on the OMI page. Hope helpful to anyone else who owns the name.

Congrats everyone here, I still own 50,000 shares but absolutely gutted I sold the other 150,000 way earlier. Heading to 100p at some point.

If there's a decent rns then depends what it says

if there's no rns it's back down imo but not to the lows of today... maybe 1.30s at worst case

Pepas – a cash machine in the making -

Whilst at an early stage, unique attributes and the simplicity of Pepas provide confidence to start mulling conceptual development scenarios. We have calculated a conceptual mineral inventory of 3Mt at 4g/t Au for 385koz. We model a low capex (US$15m), 29kozpa operation over a 13-year LOM generating an NPV10% for Pepas of US$245m with a 192% IRR at spot gold. High-grade, near surface ounces drive low AISC of c.US$1,000/oz. Upside to higher gold prices is compelling and we see good scope for further discovery and expansion

Pepas just the beginning -

Orosur has many other fish to fry: Pepas North (a few 100m to the north) has even more impressive surface geochem but only 3 holes have been drilled so far. APTA, with 38,000m of historical drilling and intercepts such as 40m at 14.09g/t Au could be moved to resource status with minimal drilling. Soil sampling has recommenced at El Cedro which offers large-scale CuAu porphyry potential which in time may be of interest to majors, in our view. Over in Argentina, Orosur has a 560km2 footprint in Argentina’s Deseado Massif at the El Pantano Au-Ag project (pathway to 100% ownership) - early-stage blue sky but located between Newmont’s Cerro Negro and AngloGold’s Cerro Vanguardia mines. Maiden drilling is set to kick off in October

Valuation -

We initiate with a near-term target price of 28p/sh (C$0.51) based on our conceptual Pepas NPV (0.4x multiple, US$2,800/oz gold) and sum of the parts valuation. This implies a return of 100% to current target but we see considerable scope for further value accretion at higher gold prices and upon de-risking as development scenarios play out with a maiden MRE due. Our valuation at 1x NAV would be 50p/sh. Run at spot gold, this becomes 33p/sh (0.4x NAV) or 64p/sh (at 1x NAV). We will revisit our target price as development clarity emerges, and we expect further price gains as discovery momentum builds for one of the most exciting gold exploration stories in the sector

After years of work, the stars are aligning for Orosur with a tangible near-term production project and a plethora of exciting exploration opportunities in two prolific gold districts.

***THAT'S JUST PAGE ONE, THERE'S 29 PAGES!!!!***

"Back in the driving seat, pedal to the metal"

Orosur is rapidly advancing the Pepas discovery at its 100%-owned flagship Anzá gold project in Colombia. Infill drilling for a maiden resource is underway and continues to deliver some of the best gold intersections anywhere in the world from surface. High grades create optionality and a low capex, high-margin development scenario is unfolding.

In control of destiny -

Orosur has made stellar progress at Anzá since regaining 100% control in Nov 2024 from its previous JV partner MMA, a 50-50 venture between Agnico Eagle and Newmont. MMA drilled discovery hole PEP001 in 2022 (150m at 3g/t Au from surface) targeting the downdip extension of one small high-grade outcrop. The JV then stepped out to other prospects, drilling deep to look for >5Moz monster deposits, and minimal further work was undertaken leaving walk-up drill targets for Orosur, which now holds 100% of Anzá. The share price has rallied 5x since the MMA acquisition and liquidity continues to increase against the backdrop of discovery excitement and gold price

Some of the best gold intersections globally -

Orosur’s first hole (PEP012) back into Pepas returned 66.75m at 5.64g/t Au from surface and the rest is history with the majority of subsequent holes returning spectacular grades, typically from surface; 62.3m at 12.76g/t Au from 9.5m and 104m at 6.61g/t Au from surface being recent highlights.

Dominant footprint in the Mid-Cauca Belt -

with Orosur holding a 400km2 land position situated on the key crustal-scale structure controlling gold mineralisation in this fertile metallogenic belt, on trend and bookended between major gold deposits; Zijin’s Buritica (9Moz) in the north and Aris Mining’s Marmato (9Moz) in the south (plus Collective Mining’s Guayabales project) and a myriad of quality projects in between including AngloGold’s Quebradona asset

Unique and eminently achievable -

Pepas offers the prospect of near-term production due to the coalescence of several factors; exceptionally high-grade mineralisation with consistently thick intervals from surface, “top of hill” very low strip ratio, and proximity to grid power and a main highway. Location in an established gold mining district presents an opportunity for 3rd party toll treatment which means only mining and crushing at site, translating to low capex and easier permitting with no need to build a plant or tailings facility in rugged terrain. A portion of the Anzá licence already has a valid environmental permit that could be expanded to cover Pepas and potentially provide a pathway to a shorter permitting timeframe. Pepas should be a low-risk, easily fundable and high margin project, especially at the current gold price. Infill drilling and geological modelling is underway to define a maiden MRE, planned for December 2025.

Asking around, someone always has these things!!. will post and start new thread shortly

Yes OMI are grossly undervalued but that's starting to change

WSBN is just pure speculative right now. Absolutely no substance but obviously one hopes some GGP type results come through.

btw, i've just managed to get the Greenwood note, does anyone want me to share any of it?????????

Gold is mooning

WSBN is grossly overvalued, not confirmed any grades yet.

OMIs are world class.

Lots of buying through aqx at 17.35

super strong finish...

Reckon 19p-20p tomorrow.

Volumes don't lie... look at volumes yesterday + today since the note was released

instis are tripping over each other for stock

Nice to see you m8

hard to justify buying other goldies when you see the market cap on this one and yeah that capex