Member Info for Northman1

Was it not the el Pantano one that they had to send off due to the high silver content they weren't initially expecting

This is the making of the company. If they can get this into operation in the next year or so that pays for everything else and some. The interesting quandary here with whether to build a plant is how much else is close by. The more little Pepas they find nearby will effect the decision they male on plant size etc

When did the transaction fall away. saw the RNS stating it was now streamlined as not a reverse takeover I didn't see RNS stating it had been cancelled but may have missed it?

Bit odd the RNS I was under the impression we were suspended pending a takeover of assets in the gulf of Mexico not because we were restructuring debt?

What's happened to the other Assay results the ones that had to be sent off because of the silver content mentioned in the pre-christmas q and a session? thought they were supposed to be back by now?

This all sounds very positive 12 million in revenue from the hedge alone. Do we know what our costs are to produce per therm? Considering we have 29 million in debt unless our production cost are high we should be paying this off dramatically

Though profoundly bored by the continued suspension of this share despite it seems we're only now looking at a minority stake in something, the latest increases in production at this particular time are very welcome and I would assume would lead to the rapid pay down of the debt if production volumes continue and gas price volatility.

I guess the next news will be regarding the APTI assays that were sent off with the silver in as well as gold. They did say these might take a while longer as had to travel to different sight for assay but presume these are due soon

Lord of Chaos - Bye then enjoy!

Johnstoneo - not sure if you're being sarcastic or not. Pepas is one of the targets within Anza so based on RNS 5.6g/t for the Pepas. We're waiting on Assays for another set of drilling as had to go further afield as to much silver for a straight Gold assay, can't remember which project that was off.

It really well worth listening the the q and A presentation available on the website they did in December it explains a heck of a lot of whats going on, contstraints and expectations.

Agreed Momentum you've got to love a plain speaker

To be fair Brad did state in one of their q and a's that he thought this was 350 thousand ounces so he was quite a bit out. The grade is better yes so hopefully they can get on and mine this as a steady cash creator.

This maybe the MRE for Pepas be as again Brad has stated this is a very defined resource area it unlikely to change much. There are other target of course within the licence but Pepas itself is quite specific. Brad did say the hope is they can find the other bit of it as this is part of a system effectively snapped in half by the fault so where is the other bit hopefully they can track it down and get similar grades there.

Hey still hundreds of millions in FCF not to be sniffed at.

I'll take nice and steady upwards after the couple of years of chaos here

This spiking and crashing of the gold price is just not helpful. As and when an RNS lands its impact will just get lost in the maelstrom,

What it is to have share price at the mercy of a gold price at the mercy of TACO Trump deciding whether to sell out the Iranian people or not.

Lot more than that now something very wierd going on

Gold price now tanking after going nuts this morning. What the heck is going on

I can't see any big miner taking us over. Our projects were bought from the big miners because they weren't of a scale to make them worth bothering with for those big miners

They have again stated recently that its due by end of Jan but its an external company that provide it so if they are giving wrong info to OMI then they can only relay what they are told

Quite surprised this has dropped back as much as it has on minimal trading and with the gold price losing its nut

There a bit off me that would like the gold price just to calm down a bit obviously it nice but you got to wonder how sustainable it is .