The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
If we have already achieved 2mt, there is no need to close off the resource to the South before initiating the Buyback clause.
If closed out on 2 of the sides, it will have a location for the processing plant and infrastructure.
I still can't see a problem with delivering more results once we are in the 3rd party evaluation period.... make them shoot at a moving target.... a target that continually moves up will lead to them shooting high to hit it.
GLA
I'd join the Telegram group now. When it was first set up I was avoiding adding another social media platform.... but im a user now... so if someone has the link could they send it?
Actually..... should be one giant leap forward soon. To include the TiO2 options in the Feasibility Study, this was pushed out for Q1 delivery..... that should be this month.
Would be good to get some message out from the company confirming this is on track.
I'm happy with that monty.... at this stage lumping results in together is better imo.... unless it is a directional change.... mineralisation 500m South of racecourse..... or a 3rd Porphyry.... or new drilling permit.
This is a welcome surprise. If it is followed up with news over the next few weeks that would be grand.
I think for news we can bank on it has to be Cyprus, which is great..... I think Caerus were suggesting they would JORC Trouli... but maybe I misread. Also Jubilee supplying the mining equipment and they must be a smooth operation by now, so we should get a benefit from positive design, procurement and fabrication news.
The Philippines news could drop at any minute too however I know from sad experience that if we had to wait for licence news to move the shareprice it would be like watching a (non) boiling kettle......
Thank goodness for Cyprus.... and all the other prospects following after.
The news we are expecting should have a significant impact from here. My watchlist is a deep red atm.... so nothing negative to attribute specifically to this share.
Putin finishes the manoeuvres in Belarus...shakes hands with Biden and we all flip onto positive thoughts again. It is strange people selling this type of share atm in my opinion... it takes a degree of risk acceptance in the first place to invest during exploration, so this east/west posturing should be a walk in the park.
Flipper,
Colins mention of 600m and the 1.5billion of digging just to get to ore was reference to projects that EVEN BHP have walked away from....
The reason he raised it was to draw attention to the fact that Bushranger mineralisation and paydirt kicks in from nearsurface and therefore more desirable.... add to that that the first part of the porphyry is not vertical.... again leading to lower strip ratios
IWTO, One of the most recent podcasts (not sure if it was a Zak or a Phil n Steve one), Colin says they were going in on existing pads at different angles while they waited for the permit to drill from completely new pads (covering the S/SW open extension). Thus keeping the drill turning and improving the information they have already.
That said, Hole 20 was drilled a long time ago. It might just be that they have received the assay results back from the Lab, late due to the workload there.
Ivans.... truth is once the 2MT is declared or the decision to mine made, the contract means AA can't hang about..... they have to work within a defined offer/3rd party valuation/revised offer timescale and if they drop the ball we go on the open market.
Personally not fussed if AA decide to pass. There are other majors out there looking for mines in safe and secure jurisdictions......
Am I not right in saying that he said BHP instead of Anglo at one point and then had to correct himself with a knowing smile..... Not sure that it's in the currently available video.... but im sure I remember seeing it.
Yeah £160million MCap almost seems a ludicrous target for a company with our current MC.... But If we take a step back and say that just one of these options comes good. i.e. Cyprus 2 or 3 mines, Philippines or Namibia.... it would be at least £50 to 60 MCap based upon the postulated revenues. So bags of potential for rerating.