George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Agree eimaj, we do not to accept any old offer. We have options which mean we can properly negotiate a good deal.
I persoannly see an OMI / Newmont phased earn in JV deal. I think we will be able to retain a lot more equity in the project than OMI did with Newmont but think it will be a similar deal.
MT
One things for sure. Any company Lenigas is interested in will get plenty PR. Looks like he has already started.
https://twitter.com/DavidLenigas/status/1318291820187652097?s=19
Mike, I am relatively new here but as with Mojolse I have been watching CLNR and DELT for a number of years. I just didn't think the time was right to invest sooner.
I honestly struggle to believe you are a holder. I'm not saying your not but I really do struggle to understand your thinking. It just goes against everything I belive in interms of investing.
I only hold companies I truly belive in. I don't always get it right but if I thought the same way you do about DELT I would have sold up, at a loss or not and tried to recover my losses elsewhere. I certainly wouldn't be on here every day bemoaning the company and BOD.
The dilution was always required. Part of the reason I didnt invest sooner.
Exploration and drill planning is always slow. Part of the reason I didn't invest sooner.
I see big upside potential here. I hope it comes to fruition so you can once again enjoy holding DELT shares.
Lol. He certainly does.
Peggy, China,
I fail to see how today's RNS can be construed negatively. Regarding timescales, this is a copper exploration play. It's going to take time. Regarding news flow I would rather have honest, factual news when it's ready for release. Sure some CEOs are good at driving the SP on spin. However IMO that is usually only to coverup the fundamental poor quality of their assets and usually ends badly.
If the assets are good there is no need for spin. Just some patience.
"First Fwiji drill results confirm significant mineralisation."
"first set of assay results from the laboratory confirming the presence of near surface copper mineralisation at the Fwiji prospect ('Fwiji')."
"The Muswema Target Area ('MTA') was identified by both the soil sampling and airborne geophysical programmes. The MTA is situated on the northwest margin of the Kabompo Dome in an embayment produced by a series of northwest-southeast trending transfer faults. Four prospects have been defined over the MTA, namely Muswema, Muswema South, Chihidi and Kazozu"
"Initial results confirm Muswema as a high priority target, "
"In parallel, Zamsort and Zaco have received the selected Anglo American soil sample assay results from the ALS laboratory. An interpretive exercise on the circa 2,500 soil sample dataset is being assayed using the ME-MS61L Super Trace Lowest Detection Limits 4-acid digest. Immobile element distributions within the data were used to characterise the lithological and metal trends within the survey area to preliminarily redefine the target ranking, further highlighting the significance of the Cheyeza, Fwiji, Muswema and Lumbeta target areas."
"Whilst a fully integrated targeting exercise taking into account the additional datasets of geophysics, radiometrics, drilling and mapping data etc. is to be undertaken over the coming months to redefine the targets with the license areas, the company has mobilised the drill rig to test some of these preliminary re-ranked targets in other parts of the license area, starting off at the Muswema target. "
On pure postcodology there's not much beeter out there than WSBN. Still lots to prove but the potential from this MCAP is unbelievable.
GLA
MT1
Oil, if the well is not committed to then DELT are trading at cash. Impossible to say that any company is worth less than its cash position.
No loose situation from here.
The joint go-to-market launch harnesses Microsoft's sales and marketing capabilities and enables seamless and efficient migration of complex analytical workloads to Azure.
"This is a defining moment in the Company's history. Alongside Microsoft, we have worked hard over the last 15 months to co-engineer a turnkey experience for Azure customers migrating business-critical Hadoop to Azure. We are confident that with the ongoing support from Microsoft, this will open up more opportunities to our addressable market by removing the complexity and risk of migration for all customers. Enterprises can now accelerate their Digital Transformation and take advantage of the insights from analytical services in Azure.
Big data has a big future. IMO WAND is perfectly positioned to capitalize on this and should have a big future too.
Took some more today at 14.98
Didn't think I would get the chance to buy under 15p again so glad to get the opportunity. My target is around 30p so I am willing to buy anything I can under 15p. Reliable production, reserve growth and production growth can only mean one thing long term.
Over the years I have learned that if I hold on a rise and it drops back I beat myself up. However, If I sell on a rise and it keeps going up I beat myself up even more.
Once you've sold on a bag hoping it will drop back only to see it 10bag is a killer. Im not zGinf IRR will 10 bag but I would rather loose some of my inital investment than loose out on my expected upside.
Nowadays I research the life out of small caps, find ones with clear paths to growth, who I expect to multi bag and I hold until the story plays out either way.
All I need to do is get more right than wrong. Thankfully, I am achieving that nowadays. I no longer beat myself up about not selling at the peak every time an SP retrace.
I fully expect AA will offer some sort of a deal. What that looks like, who knows.
If they don't or it's no good there were other untested parties.
Hopefully news is imminent.
The potential here is massive. It may only be potential IOCG targets at the moment but if it develops as we hope this could be a monster in the making.
GLA
MT1
If we find gas in Pensicola or Sellene.
That's the game here. Not the least bit complicated. It's a binary play.
6p would be horrendous result. If our assets are let go at that price we will have been robbed.
I agree with Mike on Dewar. With the oil price and sentiment how it is at the moment I cannot see the Dewar farm out happening. If the price rises then who knows but IMO not at the moment.
Gas on the other hand is IMO becoming more valuable and sought after. So I do expect further farmout and drilling news on our SNS gas assets.
Mike you say 37 days to wait as if its an eternity.
The real game changer here is drilling success. Always has been a d that not until next year so better get used to waiting.
Bought some myself today. Trying to increase my gold holdings to 40% of my portfolio. This one looks like a little gem, or should that be nugget.
Good management team, and if the Haveiron/Telfer acquisition comes off there will all of a sudden be some big interest in WSBN.
With a 9mMCAP the sky really is the limit.
GLA MT1