Member Info for lsetown

I just used a program to select the areas of the targets from that tweet.

In relative numbers Juno was 28 and the other seven targets were 110.

So GPT may be right and they are four times as big.

Great research as always JC.

I also keep thinking about the other targets in the surrounding licence shown in that grey image on the 'current status' page. Could it turn out to be District Scale?

To my untrained eye, cumulatively the targets look similar in size to Juno itself.

13 days it took to drill the first one which ended on the 15th. Repeat that from say the 17th then we are due news in only a week or so....

Thanks, but why couldn't Omar's loan be replaced by cash then?

They had a Capital Raise of £1,109,000 on the 8th September and then paid Omar's loan off 10 days later.

I don't think we have to assume that any of it is related to Juno or Namibia.

Thanks JC. If the anomalies in the surrounding license areas can be shown to have additional reserves then it could get very exciting here!

0.26 pounds coming?

Interesting stuff and if the gold price doesn't fall backthen there will definitely be demand if they can prove something substantial up.

Juno is a bit far from infrastructure as far as I can tell. My only real fear is that any resource will end up being 'stranded' unless it is big enough to build around.

Showing core photos to investors muddies the water.

GEO are doing the right thing by sending the cores off to assay.

I'm shy of those AI things but I see I should have a go. Thanks JC.

Ha. I was under the impression that gas was needed for production energy. Perhaps not. Electricity?

I realise they haven't found anything yet but it is an important investment question to consider because what is any of it worth if it can't be produced? Zero.

Eg. how much CAPEX? Anyone guess an AISC? What would be the dilution to shareholders. What about the traditional landowners - do they own part of it? Licence restrictions from the government? Risk of appropriation by the Australian Government who currently hold little gold reserves. And many more questions I'm sure.

Assuming Juno had the potential to become a producer. Has anyone got any comments about how it could be done and at what cost?

From a bit of research I think they are 100Km away from the nearest gas pieline at Paraburdoo.

Don't think I've ever seen a CEO post like that before.

It made me buy a few more.

I thought it interesting that Omar mentions 'long-term' twice.

"we are privileged to have Callum and his team as our long-term partners ."

"this programme is designed to carefully build our knowledge of Juno's potential and create long-term value for shareholders."

Very unusual for directors to lend interest free. A nice sign that Omar isn't overly greedy.

Or perhaps the market makers are going stop-loss hunting?

Many here are up by multiples from the lows but may now be getting tetchy while we wait for news. Hence some sales?

Absolutely agree. After discovering Haveiron, Callum Baxter must have thought: "If that worked, then where else could be better?"

Juno leaves 20% for him and 80% for GEO. I was a bit late to the game but 10% of my money is now in here. If it all fails so be it. If it succeeds then the upside must be huge.

GLA!

Their timezone is GMT + 8 I think.

So they were there today and now it is midnight.

'44 million shares'

Comparison is the thief of joy.

0.2-0.3 is unlikely considering we have news soon. I reckon it will go either much higher or much lower.