Member Info for JerseyCrew

We don’t know that they haven’t been buying - no tr1 to judge by.

Or they are sufficiently wealthy not to worry about small averaging brown trades given they just invested literally 100,s of thousands here. They will have had in-depth briefings on the projects - potentially bringing them inside afterwards. Who knows. But you point about the placing price and today’s SP is very valid.

I have no doubt whatsoever that Omar reads these boards and is very much in touch with investor sentiment here. He will understand fully the frustration at the share price drop and I am sure he will share that frustration. I think today's timely tweet was a follow up to the Chill tweet - this latter one being a little more direct of course with the messaging.

Timelines for Juno are to an extent within the companies control - albeit still waiting on the exploration licences for 3 of the 4 licences but not 'overdue' yet and of course there will be lead in times for drill rigs and any other kit associated with further exploration. It would be good to get an update presentation with the dataset modelling etc when produced, onto their website.

ATB

You don't follow a tweet like that with rubbish modelling results - just need them out now please

Https://www.abc.net.au/news/2025-04-08/australia-new-gold-rush-driven-by-high-price-and-demand/105064920

Makes for an interesting read

Agreed. Omar’s tweet yesterday was ‘chill’ - I’d like to think that is a reflection in his own confidence of what is coming.

The escalation of tariff tensions between China and the US and the Chinese stock market reactions should not be underestimated at this stage. Could take some time for the big moves forward here. Follow the usual investment rules of giving an open ended time frame rather than banking on short term. You can’t lose money by being cautious.

Look at the value of transactions and movement in price - very interesting- not huge amounts but not your normal mix of low value either.

If any have lost confidence in Omar, it will be because of the Namibia deal not being signed at the end of last year and maybe to an extent his twitter account (which s much quieter these days). It would be a superficial judgement but I understand it, given the following 65% (circa) fall in the SP. For balance however we don't know how those Namibian discussions went and whether the potential partner tried to strong arm at the last minute with a changed offer - it is not uncommon in negotiation for the big boy to try and leverage a small guys position if they think they can. But Omar was ready for the eventuality and had obviously teed up placing money to cover anticipated further expenditure on Juno. We increased are license holding and now have what appears to be the wagons circled.

Confidence in the herd is extremely important and it can be moved both ways depending on news. Here's hoping.

This is certainly a lonely blue in a sea of red at the moment - talk about swimming against the tide

GLA

The right results could be a great incentive to get in at rock bottom prices here - not advice - just an observation

Lets see what Callum can bring to the table with the data modelling results - nice to have good news and it must be very close now

The majority of stocks are getting caught up in this irrespective of whether they are impacted by tariffs or not - as usual there is a panic and overreaction and then things settle after a few days and there is a bounce back for those stocks not impacted - personally I am focusing on the gold exploration here and if anything this debacle simply makes a stronger long term case if we hit a commercial find. Doesn't make the current situation any easier though.

This is a global market issue

You are the one trying to make the point - or not

Bebeto - can you share the numbers and source where you think there is a mismatch please.

Bebeto - I just took this from a 2023 RNS - Recoveries remained in line at 75%, the plant availability improved from 75% from the previous period to 82% for the period from 29th March to 7th April. For April 2023 the plant availability for April 2023 to date is 86%.

Now a modern efficient plant should achieve 85/90%.

Not sure where you are getting your data from or the point you are making. We know that the plant needs money to see through expansion plans.

There have been several independent mining studies done here - and POG has increased substantially since.

Do you think that this is uneconomical to mine?

Bebeto - ok - now I understand that you have moved to production - I was taking gold in the ground.

What is your source for % recovery please.

I have been transparent in providing the in the ground valuation - where is the deception exactly?

I have given my thoughts on why funders haven't been queuing up - do you want me to repeat? I think that they were hoping that Robbie would fail along with there company and they would pick up the licenses from the Gov for cents on the dollar. We know that a number of potential funders have spent some considerable time on site - getting all the data and then sitting back waiting to try and pick up at a fraction of the value.

You mention 'if the numbers were true' - what numbers are you referring to? If you are going to insinuate something is wrong - at least be clear in what numbers you are talking about please.

Happy to have a debate but lets put some specifics out there rather than high level political swipes that sound good.

Https://envoi.co.uk/wp-content/uploads/2024/02/P267UOG(Jamaica)EnvoiSynopsisRev1.pdf

https://envoi.co.uk/wp-content/uploads/2024/02/P267UOG(Jamaica)EnvoiResourceUpdate(Feb24).pdf

A couple of green filters just appeared - no idea who but if these are the points I am missing, I doubt if I am missing much - I don't often filter

Bebeto - just what are people saying that you think I missing here?

I have been looking at the gold in the ground valuations - can you please highlight what point you are trying to make please because of inefficiencies and how that impacts on the numbers that I have posted. Where do you think errors have been made exactly or where added % haircuts should be applied and why? Are you talking about gold in the ground or extraction efficiencies which I have not touched upon.

I have pointed out in the past that you continually misuse the word ramping - impossible to ramp a share in suspension. Have I encouraged people to buy when it is out of suspension? No. Have I tried to give food for thought on the mismatch between the suspended price and the potential value of the company given a JORC resource? Yes.

I thought that you have finally become a more considered poster Bebeto - but I guess a leopard doesn't change it's spots. Perhaps you would prefer a silent board other than the occasional hand grenade you want to throw in?

Try posting with some original thought backed by numbers Bebeto - add some potential value for once.