Member Info for Joeman1

If im honest, I might have rose tinted glasses here but I think it is somewhere I between..... not a moratorium....... but building for a meaningful joined up release (I think this could apply to both OZ and MOZ).

Would be good to hear that from someone officially though.... im needing a new pair of glasses and im trying to Avoid picking Ozzys blue tinted style

They quote their sources Lucky.... on the same slide. Small text but it was Colin's stretch figure of 1billion he put on a slide he was presenting on the shareholder presentation evening.

Although not to hang hats on. I'm sure someone indicated Manica commission had started. That lines up with the last Empress release a couple f weeks ago that showed the final item of packaged equipment installed.

I'd say we can all expect news on this shortly.

And crazy projects like this.........
https://atalayar.com/en/content/first-steps-electricity-connection-cable-between-morocco-and-uk

So much news expected .... but I think I'm running thin on adrenaline and serotonin.... so until it drops I'm resorting to deep meditation.

The company needs a revenue or a significant war chest in my opinion. That's the reason it can't lift itself up based on the quality of its assets. Its one of Colin's companies that is still looking for the thing that will suggest to investors that dilution risk is low.
Cyprus revenues are 12 months away so maybe selling Mankayan once it's funding is lined up will be the catalyst.

The other potential is that once a certain other horse in the CB stable lifts off, there will be a lot of money in the hands of people that believe in Colin's abilities and also an increased trust in the wider market (why would anyone think this is a lifestyle share for Colin when he is suddenly very rich). I'm expecting there to be a very positive Colin Effect after that......

More money in the coffers will help us accelerate some of these excellent opportunities we have and then we will start to see some return on our investment. Its currently going steady away.... which is good but im sure they would prefer to go faster.

In the meantime the price stays low.... allows us to build whatever position we want.... without chasing the rising smoke.

That my thoughts anyway.

Just looking through the website again and the project pictures could do with updating.

- Some nice... almost finished Manica
- adit and workings at Guy Fawkes and Boa
- pitting at Eureka (with some full lorries if they are that far on)
- couple of model snapshots of Racecourse

And a nice picture of Colin with his racehorse (even although it runs as Star Zinc, which is a reference to operations of a different company).

I'm a visuals type of guy.....

If it isn't closed off to the south, then I assume the mining plan and resource estimate will need to consider a higher stripping ratio as they can't assume it will all be pay dirt as the pit returns to surface in that direction.

But they should still be able to declare the decision to mine... surely....

But we should keep the faith Andrew....lol....
FWIW I think the may promise will be kept..... but it'll be when the last order bell is rung.

Time please.... time

"....world's worst economics...."

It was based upon the original JORC that is likely at least a 10th of the resource we will be declaring soon.. and based upon a plant sized to process a much larger resource. What it showing is original JORC was marginal and uninvestable..... but on that basis a significant increase 3x... 4x... will be attractive.....
We are about to declare 8x.... 9x... 10x..... or more.

I'm afraid your arguement is a bit weak trying to suggest we won't have an attractive economic model based upon the last one produced. Best just to focus on your own investments as you seem to wear brown coloured tints when you look at XTR.

Is that an Obelisk Obelix? Or a Menhir? Lol.....

Wouldn't want to be out of this one over the weekend........

No delay reported.... and they are always up front at informing us before the stated deadline..... so I'm reading that as news likely soon.... no more delays.

Great to see the sp rising again.

So.... note to CB.... if you have some news get it out because the sp will rise....gla

Great to see a bit more chat on the board today.... hopefully we will see even more if the RNS drops tomorrow.
Gla

Great find. Although they seem to be happy with IDM taking this forward with us still involved.

It does feel like the money would be useful to us though.

Your optimism is infectious Obelix..... couldn't help adding a little more.

Good point made in the groupchat..... annual results last year were published on the Monday. Ideal opportunity to update us with all the relevant news..... so I agree with Obelix... Monday Tuesday Wednesday next week we should see something interesting from the company.

I'm right in saying that Caerus are issuing a JORC soon on Troulli?

Surely that will add some bankable value here. You are right. So much good news has been knocking on our door lately but the market is hardly reacting.

GLA

Great info DCat. I wonder what discussions are going on.... wonder if they will be getting an offer just to have the resource taken off them.

Do you think the board might have an appetite for a leftfield offer? Or is it all about company building?

There has to be some news in the next 7 working days to stick to the Q1 promise so keep your eyes peeled.
No excuse now not to report something regarding all the work done over the last 9 months.
Gla