Member Info for Magoo79

Last time it took just over 3 months to get the results. If we follow the same timeframe we are looking at the second half of september for dril results.

There may be other news coming though

My only regret is that I didnt buy enough when it was below 40p. I would not be surprised to see it going past 60p in a couple of months

Market is happy, no delays whatsoever. Just be patient, resource update is planned by year end. Don't complain before january

Fantastic results! And, as long as POG stays > $3k, we'll continue to generate huge amount of cash flow. In the meantime we are drilling at full pace in multiple locations and by year end we should have an extension of Segilola mine life, the PFS for the Ivory Coast assets and the first JORC resources estimate in senegal. All potential catalysts for a significant SP rise. Very bullish

Good news as this further diversifies the prospects of the company. We are expanding solar production in a very favourable jurisdiction. Pure solar plays (e.g. BSIF) have a NAV of ca. £0.9-1 M/MW. Once we get to 50 MW we should be worth £40-50M or more, considering that our solar farms would generate more energy and command higher prices. Where is the money coming from though? are we getting the ICC1 payment?

I think it's all down to coal prices. Thungela is a leveraged play on coal.

Bad news but the coal price seems to have found a bottom so hopefully next quarters will be much more profitable

Reading this board is very depressing. It's like children fighting over a bowl of candies.

I am going to thank all the sellers of this week as I am going to top up again tomorrow and won't check this board for a few weeks.

GLA

I would avoid comparing ZEN with british solar investment funds as their SP movements reflect mainly the cost of capital. The more leveraged they are, the more they track long term interest rates. If these come down, their NAV gap narrows and the SP goes up.

From what I heard it's more BHP that is interested in the regionals. The Chinese are after the big prize instead

We'll soon find out, maybe by the end of the year

Just filter the m0r0ns, don't respond

I forgot to say that i can be wrong many times because i accept that mine are assumptions. I don't claim to have insider information of any sort.

If you say that you know how an arbitration case has been concluded it means that the panel has at least one dishonest member who told you or someone you know how the ruling went. Hard to believe. It would also be a crime

She has not "been proven wrong". She (or he) LIED by making stuff up. She said the arbitration was concluded in ZEN's favour.

I can also create a twitter account and come up with rumours that nobody can disprove and then say that ZEN has won the Congo dispute

Stop spreading the nonsense posted by that fantasist, please. It should be clear to everyone that the guys makes stuff up..

Great price to add more, thank you to all those who sold at these levels!

I recommend also to take a look at THX, another great gold miner that is massively undervalued

The numbers: SP 41.5p, MC £272M, DY 6.6%, PE 3.7

We have a good mix of assets at different stages (production, near PFS, exploration), no debt, 85-95koz/y production, AISC $800-1000/oz -> $170-250M/y net!

Why is the SP so low then? I think it's a combination of the current expected mine life at Segilola and the perceived risk of operating in West Africa. However, 7500m of drilling ongoing with initial results poiting towards a good increase in reserves with potential of a much longer lifecycle.

Then we have Douta (senegal) where we have already 1.7Moz booked with drilling ongoing. PFS coming in Q4.

Drilling ongoing also in Ivory Coast where the intial target is 500-1000koz. First results very positive.

The valuation is not even half the NAV, which is going to rerate significantly in the coming weeks when they will publish the new resource estimate in all the licences and the PFS for Senegal

Topped up, great entry price.

Will check back in a few months, i'll let you all argue now. Good luck

Block the troll

Another step in the right direction. All points towards the resumed listing of the company. Hopefully operations will also start soon..

@Pbow good news as it indicates Noboa's interest in supporting the mining sector which is going to be strategic for the development of Ecuador. Less red tape for legitimate businesses and clampdown on crime and illegal mining

Can you please ignore the m0r0ns who talk about earthquakes or tsunamis? we are not on the national geographic chat.

Let them close those bl00dy shorts at a loss