Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Togo, an African country located to the south of the Sahara, the climate is tropical, with a dry season in winter and a rainy season due to the African monsoon, which runs from April to October in the centre and from May to October in the north, while along the coast, there is a marked decrease in rainfall from July ...
HIGHLIGHTS:
-- NAV (Fully Diluted) per share on September 30, 2019 was 15.15p, up 124.4% y/y from 6.75p
-- NAV at the end of September 30, 2019 was GBP5.346M up 126.7% year on year, from GBP2.359M
-- Precious metals deliver solid gains in portfolio as uncertainty dominates markets
-- Lagoa Salgada increased Measured & Indicated resource by 71% during the quarter
.......any thoughts as to why welcome.
According to my broker they can be held in an ISA as a result of a corporate action BUT cannot be traded unless transferred to a broker that trades on ASX.
Of course if the company were taken over then the shares would become cash and thus still tax free, all IMO ;-)
Six of todays' twelve trades were buys,
IMO ;-)
12300
• RC drilling to upgrade the planned Klondyke open pit Resource to JORC compliant
Measured status has intersected significant widths of outcropping gold
mineralisation
• Significant intersections include:
• 14m @ 3.80 g/t Au from 1m in hole 19KLRC233
• 23m @ 2.30 g/t Au from 37m in hole 19KLRC232
• 26m @ 2.00 g/t Au from 1m in hole 19KLRC227
• 14m @ 3.51 g/t Au from 2m in hole 19KLRC249
• 16m @ 2.47 g/t Au from 4m in hole 19KLRC253
• 16m @ 2.11 g/t Au from 6m in hole 19KLRC240
• 12m @ 2.68 g/t Au from 17m in hole 19KLRC224
• 24m @ 1.31 g/t Au from 2m in hole 19KLRC254
• 19m @ 1.65 g/t Au from 21m in hole 19KLRC255
• 26m @ 1.07 g/t Au from 39m in hole 19KLRC248
• 26m @ 1.07 g/t Au from 6m in hole 19KLRC258
• 9m @ 2.95 g/t Au from 21m in hole 19KLRC259
• 24m @ 1.03 g/t Au from 14m in hole 19KLRC252
• 11m @ 1.96 g/t Au from 0m in hole 19KLRC226
• 17m @ 1.26 g/t Au from 34m in hole 19KLRC224
• 20m @ 1.04 g/t Au from 3m in hole 19KLRC225
• 18m @ 1.11 g/t Au from 37m in hole 19KLRC257
• 18m @ 1.08 g/t Au from 19m in hole 19KLRC234
• Drilling now targeting additional mine life east of the planned Klondyke open pit
• The rig will then move 3km to the west to test this large system
• Strong news flow expected for the rest of this year
Calidus Resources Limited (ASX:CAI) is pleased to announce a host of outstanding results from the resource conversion
drilling program at its Warrawoona gold project in WA’s Pilbara Region.
The latest results, which will be used to establish a Measured Resource, are important because they demonstrate that
the mineralisation in the planned open pit at Klondyke is wide and continuous.
This highlights the technical and economic strength of the planned open pit and is consistent with Calidus’ strategy to
de-risk the 1.25Moz Resource at Warrawoona, where the Definitive Feasibility Study is underway.
Calidus Managing Director Dave Reeves said: “These results show just how outstanding Warrawoona is, with high grade
wide intersections in the area targeted for initial open pit mining.
“The outcropping nature of the orebody, high grades and substantial continuous widths of mineralisation will provide
significant technical and financial advantages to the project.
“The drilling for the Measured Resource is now complete and the RC rig has moved on to drilling areas east of the current
pit design as part of our plan to continue growing the mine life inventory.
“Drilling will then progress to Klondyke West, approximately 3km west of the current Resource, to commence more
detailed exploration of this large gold system.”
The diamond rig has completed 7 holes to date with logging of the core ongoing and initial holes dispatched for assay.
“We look forward to releasing a steady stream of results over the remainder of this year as we continue to de-risk the
Warrawoona Gold Project and expand mine life,” Mr Reeves said
27 0.163 5949050 O 0.16 0.17 16:31:57 5,949,050 31,427,574 6,936,815 744,851
26 0.165 5949050 O 0.16 0.17 16:31:53 5,949,050 31,427,574 987,765 744,851
25 0.165 5949050 O 0.16 0.17 16:31:42 5,949,050 25,478,524 987,765 744,851
24 0.166 5949050 O 0.16 0.17 16:31:40 5,949,050 19,529,474 987,765 744,851
23 0.166 5949050 O 0.16 0.17 16:31:09 5,949,050 13,580,424 987,765 744,851
Best effort!
Pleased to please you Thechukkers:
http://tlouenergy.com/wp-content/uploads/2019/08/Corporate-Presentation-Q3-2019-1.pdf
The contract with the "major" client stated that the payments were a deposit against 3 months supply in advance and would need to be taken within 12 months. As the last payment was for Sept-Nov '18 and the Dec payment not made all possible claim to a discounted supply will end on 1 Dec '19.
All IMO
Tlou is delighted to announce that sustained gas flow rates have been achieved at both the Lesedi 3 and Lesedi 4 production pods.
Highlights
? Lesedi 3 and 4 have each achieved an initial sustained gas flow of approximately 20 thousand cubic feet per day (Mcfd);
? Rates are anticipated to increase steadily, leading to a peak and commercial flow rate;
? First electricity sales are targeted for next year.
Surely the result of a strategic review of a company is market sensitive and must be released as an RNS?