Member Info for Kullybahia

What's the next catalyst for the company now the licence has been granted? Institutional finance? Anyone care to elaborate please,gone very quiet on the rns. Not that I don't think management ain't working hard for lths...

If it's £Bn's then a JV for the project looks likely. Get a blue chip to front the capex, and keep 25%+ for silent partner is best option. Time will tell what management do, but some financing will be on the table? Maybe they start one of the projects, and JV the others? Plenty of options on the table for sure. Should be higher mcap, but management needs to present to future potential partners? Lots of moving parts on this company, kinda nice to have so many revenue streams... 🎯👍💯

Hi, how much 💰is the FID going to be? Just trying to find the number but can't see it in a rns? Plus they will get the funding for projects,as multiple partners are in negotiations. Have a good weekend 👍

MM's probably short of stock to sell? Hence premium to buy any decent amount 1m is 1.6p+,way above current prices. Once the spread becomes more narrow, people will nibble and then it should move better. Great rns and £20mcap should be achievable by next week, here's hoping....

Nearly $5000 per Oz, next rns/update and this could be £10mcap+, that's how quick the market can turn 🎯👀

The drilling costs were 25% over budget due to controlling gas flow from the Karamat Sands. So that's a definite yes that it's flowing from that zone FFS 🎯🤦, most AIM companies would say that's a big positive. Not the 25% increase but that it was flowing gas as they were drilling through the zone. How more commercial without actually saving it does the rns have to be worded? Think some haven't read the rns and come to the conclusion,that it's as good as it gets bar the flow test and flow rates? 82ft is the sideshow and it was flowing. Maybe management previous history is holding the sp back? That's unfortunate but that's why sub 10p is a buy for now..

Above and below the shale marker they have 1000ft of net pay, that's exceptional news. Plus from the Karamat Sands a further new zone of 82ft net . The Karamat Sands could be a separate well to drill in the future. Still think it's all about the eventual flow test and flow rate. But ain't seen many small caps reported a 1000ft net pay,100-350 is considered economic for most. Just think after poor management execution,no one really has much trust in them. Can't blame the hesitancy, but the rns does state 1082ft of total net pay. As for the CEO, maybe this time it's not to talk up the well, until they have rnsd the flow rates? 🎯🤔

Think they over exceeded on expectations. 1000ft of net pay and a further new zone which wasn't factored in. In that they had to control the gas flow from the Karamat sands region due to gas being there. Better to have more than less gas imho 🎯. Imagine multiple stack zones of gas and maybe some condensate in the eventual flow tests. At least it ain't a dreaded duster, management hasn't been great, but drilling costs were 25% over budget due to the new gas zone they encountered. What a fantastic result,just need to hear a few interviews and PR by the CEO in the coming week. And of course some director buys would be great.🎯👊💰

Can the placing price be below the nominal price of 0.10p? Or will there be some other option? As the CEO has bad form? Genuine question, and roughly how long before the admission document is rnsd? And can sh's vote down the RTO,if so how much % of the vote is needed. Remember #Prem also not getting enough votes a few months back on something over raising capital...🦻

Hi regulars, anybody know how much gold Oz per year will be processed/produced from operations please?

As people are posting, how much reserves are they actually targeting for the open pit mine ? Just scanned the RNs so really just asking a simple question please 🤔

Thought this was a done deal a few years ago? Sturec will be next if milestone hit? That's two deposits practically given away, Botswana now that's still up for debate,MMG won't want to mine around the virgo licence bc it's too expensive to do it that way. Then there's the new license to develop, that will be several years before development? Management to cut costs, finally some sort of sense. McMaster still on the payroll even though he does nothing but collect a wage £72k from last year accounts I believe. No Zambia drilling confirmation??? Surely AAL are gearing up for numerous drilling on the licenses...

66m shares in issue, tight registrar. A short spike into double digits,once the wider investors take notice.. 👀 JB will be doing an interview soon,where he'll explain the future of the Kabwe mine etc etc...

It's early days in the drilling campaign, and only 6 holes have been drilled, with 3 still to be reported back.Sentinel mine may have been the source of the fluids which drifted east to west onto ARCM licenses. So far inconclusive on discovery of a large orebody, which is what everyone wants. But sometimes it takes a bit more drilling before you hit decent intercepts, and follow up strike of minerilisation? As long as David Woods is directing the drilling campaign,I think we eventually going to find a significant deposit. In the meantime even though it's the wet season, Nkwazhi is a new target that wasn't discussed before. That's what a Major brings in a JV deal,lots of experience and expertise. Inconclusive until further drilling proves otherwise. But we have plenty of drilling down the line, so fingers 🤞.

Looks like a slow release of assays for the drilling incoming. Suspect Nkwazhi will be drilled in the wet season,as roads access not affected by the rain. More in the summer as dry season starts. Think the picture will be clearer over a year,as assays confirm predicted minerilisation in targets. Still early days, and the SP will not reflect true price.

Oh dear, Mushinge thought he was the local Zambia gov and authority on all licenses associated with him. Guess he never checked the court deal that he agreed with couple of years ago. Oh well, wonder if he's got 💰 to pay legal damages etc etc? Guess the Zambia gov favours a Major with a JV over a unruly black version of Lenigas/Bird/Poulden/ Roach complicit nobody. He who laughs last,laughs longest.🎯😂💯🆗

It's obvious that Zambia wants majors mining in the country. The clean up of the cadastre has been a stumbling block, and eventually those sitting on exploration licences,with a view of selling for profit are gone. Good riddance, you want juniors buying licenses, and progress through drilling or JV with bigger mining companies. The president is now basically saying "were open for business to majors." Come and invest and we'll get you what you want as long as job creation is produced. Think the fact that no RNs on assays is very telling,that AAL are playing very close to their chest. The other licence granted to AAL to be added to the JV. Feel that AAL know what has been drilled, and are keeping quiet via rns. But at some point there's going to be a very long worded rns,that lets the cat out of the bag. 🤔

Current jorc increased 500% to 1.5m tonnes of ZNeq @$2.8k per tonne of Zinc. Plus 100k+ tonnes of Geranium as a by product @$4k per kilo for=$400m , that's about $4.8bn of resource. They have currently only drilled 30% of the deposit,2.1km of 7km strike length which is open along strike. They have further increased jorc if they can prove more inferred and indicated minerilisation as and when drilling occurs. Plus Geranium is a plus as a by product of Zinc. The results of any further drilling will be added to a scoping study for a preliminary economic assessment of the deposit. Guess as the deposit is about 250m in depth, a underground mining operation will be incorporated into the scoping study. $400m of by product is a massive game changer, when Trump retailiates with tariffs on China and other countries. Some small caps have 1koz of gold per month in future production like #GRL and mcap of £7m+! Yet here we are at £4-5m mcap and $400m of by product!!! Amazed at the low mcap compared to other juniors.🎯🤦💯

As long as the drill pad is in place before the rainy season, they can keep drilling from the drill pad to desired depth. It's the movement of the drill rig which is mounted on a small truck which inhibits drilling on the roads. The roads are mainly only accessed in the drier months,bc of the terrain and weight of the truck. Trying to drive in the wet season is difficult due to no real grip on the roads. That's why they don't drill in the wet season,but they have a area between Cheyeza and Muswema that has good road access. Hence the continuous drilling of that area in the wet season. At $200 per metre DD, a 400m hole costs $80k to drill, probably more these days.

They have a target between Cheyeza and Muswema, a new target that has good road access all year round. This will be drilled in the rainy season,it's been rnsd. The problem with Zambia is the roads are difficult to drive on during the rainy season,so HGV truck with drilling equipment can't manoeuvre on these slippery roads. End of.🆗