Member Info for JerseyCrew

Remember those car journeys as a kid - "are we there yet?".....
I am sure the driver will let us know in good time and in the meantime I want him to keep his eyes on the road and keep moving forward at a good pace.
ATB

I love the Twitter updates but at this stage the company needs to release an RNS with revised timelines for proof of concept, if indeed they are being revised.

Roll over - not roller!

RPdard - looks like a roller trade given the split second timings of the 2 trades - a trade due to be paid for and knocked forward to a future date. There have been one or two of these over the last few weeks.

The Tweet is great news. So the on-site lab will be independently ran. No transportation / no waiting in a queue - this is a huge - simply huge!!

Could be wrong but I would have thought the on-site lab was for internal use only to feedback and guide operations and an independent assay lab used for formal comma. Happy to be corrected. But news certainly due very soon in any event.

Mickey - I can see great potential for 10p here in 3 to 5 years. Here is my logic: Production of 100K oz per annum - conservative AISC USD 1100 - POG - say 1800 - GP USD 70M - GBP 58M - SP at say 3 times GP = 174M market cap - we are currently at 14M Market cap. If POG is USD 2500 - that is an extra 70M onto the GP - then take that through to the SP - 20p! And then what if they acquire another working mine!!?

Madgpol - I am very aware that the latest presentation from Caragal is forecasting $1000 to $1100 AISC once construction and ramp up is completed. I tried to round my figures and hence my reference to 'fag packet' figures. If we are going to be pedantic though, we are targeting 24K oz pa run rate initially - not 25K.

Just listened to Gerard’s interview again. Fist time of listening I didn’t fully pick up him pontificating where they could be in 2 years plus if Tanzania takes off. Listen at just over 22 mins in to the interview. Production potentially at double the 50K oz goal. So fag packet maths for the potential- 100k oz multiplied by conservative gross profit USD 500 per oz equals 50M USD GP or circa £41M. Massive potential and that is at current POG. Crystal ball where POG will be in 2 years anyone?

Need to add another word in front of Strong Buy Mickey - but I would get a ban!

They say a picture paints a thousand words - 4000 words of poetry right there!

In my view, this was the single largest risk outside of gold becoming toxic and proven to be the cause of global warming! Chunky purchases going through - follow the money.

Thanks for sharing JBTs

Yes there is a Telegram group and it’s a very good one.

Great to have an update and the potential for 1.5 m Oz resource is mouth watering but interesting that there is no timeline now for proof of concept. Hopefully we will have further updates as they continue the efforts in country.

I agree that is should Mickey - the fundamentals are just too compelling.
ATB

Check out the latest tweet from the company today and pictures of the new lab on its way to Killi. The SP might be depressed but the company is continuing to drive forward to achieve its objectives.

It is simply the best news Mickey. Word is that investors are also going to be very happy with the content of some interviews that Robbie has lined up. I don't know timescales though.
ATB

Think our posts just crossed Bebeto - we have the clarity we were looking for at high level.

So word just out on Telegram - Robbie is happy to share that there will be no funding via equity - the capital required for expansion will be by capital raised by forward gold sales. Also he was on site today and work is proceeding at pace. Gold paying for gold! That puts that question to bed.
ATB