Member Info for Metalhead25

I’m not sure how you know that, Dicko!

My interpretation of the finance RNS from early 2022 is that all of the debt comes due this month, no?

Cattleman, I don’t want to paraphrase from memory what Scott said in that interview but presumably it’s still available. It came out between the placing announcement and the secondary placing which was intended to give all PIs the chance to participate

Guys, although I am not a current holder I have a warm sentiment towards many who are. With that motivation, I would urge you just to look at when the company’s debt is due, and at what Scott said in interview after the undersubscribed placing in the summer about how long the placing money would last

Another good RNS today. Northern zone looking even more promising. But first we see if we can find something at the central zone

More encouraging geological indicators. Interesting that quartz veins have been observed at surface, particularly in light of the significance of quartz veining at banana zone.

I note we’re drilling central zone first. Northern zone looks even better to me

Wasn’t there a tweet (or something) from the mining authorities a couple of months back saying that they were looking at the Mambare application?

The grade is great but the intercept small. I guess that’s why. Still, you’d hope they can find more of it from here

Ok thanks guys

Yes, but what style of mineralisation? I’m just trying to work out whether it would be visible in the drill core. Eg massive sulphides would be visible, any significant amount of chalcopyrite would be visible

Does anyone know the nature of the mineralisation that POW are hoping to intersect on this Molopo drill, eg massive sulphides or what?

I disagree with your cash must be low interpretation. It’s specifically intended to be a flexible campaign, so it may just be that they want to drill 6 holes at 082 before deciding what to do next. Clearly cash does have to be managed but I certainly don’t think we can infer that this is the limit of what they can currently fund. There has been talk pretty recently of drilling both KCB and KSZ with current funds so don’t think it’s particularly tight

Listen to the Stockbox interview today. I think there are two main answers:

- the planned campaign is flexible, and we have enough money already to do some of it
- the company is in discussions with potential partners or funders who might fund a more extensive campaign (no hint of an equity raise being considered)

A large and well planned program. Let’s get cracking!

I know they can green box you but it still has a negative effect on the board. I’ve green boxed moon but he still impacts on my experience. Your posts have a lot more rational content but still. Anyone, enough from me also. I’m also in the category of watchers who will not consider investing until after the funding is announced, so I’ll take my own advice and pipe down :-)

Perhaps you’ll listen to someone who agrees with you more or less completely on the substance. You need to stop. You’re posting too much. It’s wrecking the board. It’s not the content of what you’re saying that’s the problem, it’s the volume. It’s not fair to shareholders who are desperately hoping things improve, or even who just want to use the board for measured and varied discussion

Those of you hoping DJ will stick to his word and stay away this morning might want to stop using a thread that references him and generally stop talking about him. Give yourselves a chance!

There seems to be a similarity up to a point, although I’ve been unable to compare the Molopo target to Kav’s targets in the KSZ because (unless I’ve missed it) POW have not published any actual conductance / conductivity readings?

It is quiet, but we know what’s happening - they’re in final preparations for drilling the KCB, while looking for a partner for the KSZ

Reads well, highlights the many exciting projects here. Just need to get drilling

Today’s RNS puts me in mind of the bit in Lock Stock and Two Smoking Barrells where the gangster guy is talking to Nick and he says “if you do x, I’ll kill you; if you do y, I’ll kill you; if you do z, I’ll kill you; in fact, you’re gonna have to work very hard just to stay alive”.

In Rambler’s case, it’s:

- if we can’t persuade Newgen to hold off / restructure, it’s all over
- if we can’t raise both debt and equity to pay creditors and improve liquidity, it’s all over
- if we can’t get costs down while keeping production up, it’s all over
- if the copper price doesn’t improve (or gets worse), it’s all over

I’m not going to be falling over myself to buy back in. If/when Newgen are dealt with and the money is raised, that would seem to be the time to consider buying. Even then…

Hurricane or no, the copper price is not cooperating at all is it