Member Info for Joeman1

Ive just gone a little green around the gills... fair play.

I think Colin has been clear on that..... he is angling for a big miner to come in and develop this one.

Let's hope so JDAU.
Xtrs progress over the past 3 years has been slow and money constrained and if this is the final placing that will allow a sprint over the line then I am actually happy that this has happened.

News, im starting to see where some of your excellent cross references are drawn from. I take it you have chronicled a few companies as they pupate and emerge as butterflies......

I agree with you James..... for what it is worth. We are where I would have been happy based on all of Manica production.

I might have added some to account for Zambia

Id give all the projections in the world for us to actually get some news here.... it won't get to half a pence if we are all just sitting around looking at a (non) hole in the ground.
Come on BA its mid Jan and I dont even know if you have been in contact with the minister with regards to signing our licence..... so much news to be waiting for that the silence is hurting my ears.

GLA.

Im trying to find a timescale for the PEA being issued guys. Im getting Q1.... but is there better information..... is it due in the next month or so?

You are correct news.... I stuck a ruler on it and from surface to intersection with the BRD009 hole it is roughly 500 to 550m.... so everything we have gone through since was only speculated on based upon surface scans....

Iwanthatone - look at the Prospectone drilling plan attached to previous RNSs laid over the previous near vertical holes drilled before and the preliminary anomalies picked up from surface scans.....

We picked up mineralisation 30m earlier than expected and we couldn't have complained if it had stopped at 500m..... which in itself would be around 150m past the BRD009 previously drilled hole...... but we are now almost 1000m.... so much much further along from that last noted point.... and over 150m past where the surface scans indicated something of interest..... it isnt a stretch of the imagination to suggest that these result so far have been amazing compared to expectations.

Im hoping Colin starts to put out some of the xrf results soon.... the descriptive words are... lovely... n' all but I would like to be able to put some numbers against his description of "strong" and "increased at depth" statements wrt mineralisation.

Then if Colin could drop in one of those RNSs, that all Manica contracts (less the hardrock obviously), are in production that would be like jam to go with my scone and clotted cream.

GLA

If an RNS dropped now to inform us the drilling continues after the weekend.. .

Of course the drilling could have stopped an hour after the RNS was published...... but im hoping not....
Once bitten.....
Good thing here is, the results so far appear to meet expectations for the drill depth we have..... so anyhing else will be gravy.
Good luck and let's hope this week is a cracker

My story is similar to you iWantThatOne..... difference this time for me isn't just the interest being generated by the Oz concession.... its the range of work progressing..... and all are closer to fruition than Fairbride was when that fateful September RNS was issued. Lost a packet then but expecting to recover it in the next 6 months

I dont believe so .. but correct me with detail by all means.
This new concession appeared after the last drawdown was made..... and in announcing this concession BA has stated that he thought he had secured non dilutive funding for this new concession alone.... so the money will be ring-fence at the requirement of the investor/money provider...... is how I read that.

True, we all do our own due diligence.... just we are being informed here that the funding has been secured but requisite of certain due diligence.... so the 2.5million won't really be secured until the end of the month.... thats how I read it....

Daz, if this is the proposed funding for development of the new gold prospect then it isn't associated with Kodals remaining bank balance.... they aren't securing it because they have run out of money, they have secured it to ensure the drilling programme on the new asset is fully funded....
My guess is it will be ring-fenced for that purpose hence the investors due diligence on the gold asset.

This seems to be in line with what Bernard announced previously.... non dilutive funding fir the new gold considerations... no real details of terms though.
Interesting that they have been doing due diligence before loaning the money.

Lse slow to post it

Would he be allowed CE? If it were based on his knowledge of the XRF results before released to the market?

Visible copper might have been conflated with visible gold noted by one of the contractors at Manica..... in one of the seams accessed via an adit....
This was mentioned by Colin in one of the recent podcasts.