Member Info for lsetown

If they decide that 1 and 2 are areas of interest why would they spend money on 3 and 4? It would make sense to get the assay results, compile the data and decide where best to drill next.

But, if 1 and 2 were obvious failures then 3 and 4 would make sense!

I don't know exactly how the approval process works, but if you decide to drill elsewhere (other than the 4 pre-approved positions) then I guess you would need further approval.

I am hoping that their first two drills have given them enough encouragement to drill nearby rather than waste time elsewhere. The next pre-planned drills 3 and 4 looked to me to be 'other ideas' far away from the EM targets of these first two drills.

Thanks. So they said they will change targets then, and it looks like they may well be doing it.

There were four drills lined up for phase one (with I assume the necessary approvals), but now it talks about "phase two" and "additional drilling following receipt of the necessary approvals."

Are they changing their drill targets based on knowledge from the first two?

"our latest gold licence acquisition"

Any more?

Photo I meant.

(Press the wrong key and your unfinished post is uploaded!)

I seem to remember someone showed a weekly aerial satellite photthat showed the rig at hole 1.

Can we see if it is still at hole 2?

Market Cap. £15.69m

'Traditional Landowners' and 'Aboriginal' are proper terms aren't they?

I'm not invested here now but I was (and am keeping an eye-in) but I believe they have been consulted. Otherwise how would GEX expect to get a licence to explore?

Yes, interesting story thanks. He said that his new discovery was also in the Great Sandy Desert, which I take it Juno is?

But he didn't do any drilling did he so if he relied on surface material as an indicator then I would have though others must know now as well.

By the way is Geo's website down because I can't load it?

?

Thanks. What I meant was if I was tweeting that and was unsure I would call it drill 1, as in more to come not 'Juno drill results'.

Maybe I'm looking too hard at it! lol.

When did the result of the first drill become "Juno drill results"?

Great post Espen5. I agree the Walvis basin could be huge. Imagine if Juno did come off and we could then finance a larger chunk of PEL 0094 drills and get a larger holding at production.

This company has not one, but two chances of a billion plus market cap.

What happens if you put a 'Fill or Kill' trade at 0.3915 ? Do the dealers just take it at that?

I was sat looking at that 7 target tweet photo you mentioned JerseyCrew and I've realised that the central red circle around Juno is bigger than it needs to be if the Juno shape was the only target. The circle also isn't centered around Juno and is shifted up to the top left a bit.

Look to the top-left inside the circle and you can see two more point targets by the look of it!

GPT5 missed this and I reckon we are now on 5 times Juno for the extras. ;-)

Someone could have bought those 30 million for only £30k and wanted to lock-in a profit?

10% spread is difficult to get back 4 times.

You have to have a rise of circa 20% in the new one just to have enough to sell them and buy back the original shares.

We know all that Pacifico. Your points are obvious because GEO are exploring a greenfield site.

Barkingly officious.

Yes, sorry I got carried away, 50 million ounces it is then. ;-)

The truth is the numbers COULD be astounding here couldn't they.

A terrible ramp I know but I just imagined over 100 million ounces !!

lol.