Member Info for luckyorange

Because the warrants haven't been reported then I assume that they are still being sold at any cost, bloody annoying but it will stop at some point

There's this weeks RNS then :-)

....../ l\
... ./…. \
.....|===|
.....| . R |
.....| .N . |
.....|..S ..l
.....|......l
.....|......|
.....|......|
.....|......|
..../|#||#|\
.../.|#||#|.\
../..|#||#|..\
..|../^||^\..|
..|./.^||^.\.|
..|/..^||^..\|
.....(VVV)
......(VV)
.......(V)
........*l*

A challenge for the bears ;-)
Saw one of these elsewhere and thought it was cleverly done . If the reaction to previous RNS's on here is going to be similar to previous ones then I don't care if there isn't one for a month.

The seller of the £10k tranches is getting taken out every time , perking up a bit for some reason?

Becoming clearer, transfer of stock I would say Early , CGH most likely letting some go to someone who wants them, just under the 3% for the buyer.

There will always be more for the next 18 months , I would guess with the lockdowns that it will have caused a delay on the assays and would suggest a total of 10 weeks turnaround at the moment.

Dunno if mm's picked it up from a supply but yes it was a buy going by the 2 mill bought soon after, there is no comparable sell though. https://www.google.com/finance/quote/CGO:LON?window=5D

Well KSH , Roy Pitchford was the CEO at VAST that is correct and got bumped out by the current one is my understanding .

The BOD are a shrewd lot here and are not looking to dilute their shareholdings and are on a very low salary , I don't think you did much DD in that respect .

Yep , a lot of AIM companies don't work out but as for being pumped it is a low risk investment here , Garalo is worth more than the current sp on its own.

Same person on the stock that they are in Burleigh

"Guys stop joining these twunts on a negative thread, we all know their games by now."

:-)

Been up the spout for a long time but they do nowt about it .

Depends on the deal of course but it should be a short wait now according to the speeding ticket RNS.

Never thought of it as a bidding war, maybe they will sell Lubu but more likely an offtake agreement , I don't mind either way to be honest so long as a deal gets done .

I do like an RNS that is full of positives , they are rare beasts and to be savoured and worth repeating

"25 August 2021

Statement Regarding Share Price



Contango Holdings Plc, the London listed natural resource development company, notes the recent share price movement and press commentary with respect to a potential offtake deal with Afrochine, the Zimbabwean subsidiary of Tsingshan Group. Non-Disclosure Agreements limit Contango's ability to directly comment on individual discussions but the Company can confirm it is in discussions with two of the largest stainless-steel producers in the world, as well as several other interested parties, and expects to be in a position to provide a full update in the near term."

£4.3 million in the bank , money from warrants , three drills turning soon and don't need to raise for quite some time and this is a high risk stock . Always pleasing when someone pops in and says that when they don't hold any at all , I wonder why they do that?

A lot longer than what Paul?

Identifying a resource can only be achieved by drilling and it looks like they intend to have three drills on the go when the new one arrives

Kristy has probably been trained by Rod to take over in the core shed and the reason that she has downloaded Datamine is to plug the information in to give an interpretation of the cores which ultimately is to convert that information into a resource, except for the Rod bit it is all in the interview.
Obviously Craig is doing his best to try and educate PI's but it seems to fall on deaf ears, after listening to the interview with an open mind I am losing the will to live reading some of the comments on here.
I agree max , anyone interested in a jv will know exactly what is happening and will be keeping a close eye on ECR .

"Hole no.3 hit two different parallel structures , if we extrapolate them out even conservatively 50 mtrs x 50mtrs we are talking about millions of dollars worth of gold in the ground . Narrow veins but they are certainly mineable , may not be in the conventional sense but there's some very successful mines operating in Australia which are mining narrow high grade veins"
This is exactly what Adam Jones pointed out in his interview which bitcoinbuyer picked up on and I would suggest that people listen to it again around the 4 minute mark .
His explanation was to try and get it across to investors (PI's) what it all means , so along strike 50 mtrs could produce a lot of gold and it is not an expensive way to mine (he did quote somewhere mid $300 in the interview).
Got to move away from the GGP conventional mine type here and look outside the box , bitcoin gets it!

Between 4 and 5 minutes he says it and he wants to do non stop drilling which is also non stop work for the geologists.

My impression was that they are being pushed in the core shed Paul , no other reason but you will need to listen again if you think differently.

The 938 sell hasn't been covered yet, when it has then we will see if there is another seller, don't see the point selling at a low but it is up to the individual.

"Are the drilling contractors at Creswick ongoing for the foreseeable or was Craig referring to the MIDAS drilling at Bailleston"

He clearly said that the geologists wanted to stop the contractor AG but he said no (they are very busy) he wants to keep on drill drill drilling and complimented how good the contractors are .

Chinese companies will be looking at the thermal coal resource too, as big companies are exiting the coal due to external pressures there will still be a call for it and it gets more expensive as the years go by . Not condoning it as Zimbabwe are kicking back against thermal coal but as far as coking coal goes steel cannot be produced without it at present but the chinese companies will see the thermal as an untapped resource that can be shipped elsewhere.