Thanks Working the Line that's the figures I'd seen, though hadn't seen the 900$ bit.
Guess that's the crux of my question as to why its some much higher in Liberia, is it a different type of mining, underground rather than Open Pit?
Ngnlnv, this is what I was basing my question on, as this it's over 20years compared to currently 7 ( though due to expand soon) at Yan the NPV seemed low for a larger resource and production rate, at 9 mill dollars a year if nothing goes wrong at 1300$ POG. So seems high risk at current gold price, if it goes up to 1400 then fine that would cover some risks.
My understanding was also that we wanted to do a JV for Dugbe, is this still the plan they just sign the contract with Hum's Liberian Subsidiary then we sell off portions of the subsidiary when we find a partner?
Oh do you think they were buys incorrectly marked then? I'm profoundly suspisious of people getting inside info before the rest of us plebs from this company as they did with pit wall issue. Not expecting great results this quarter to be honest as will have been fixing the pit wall. But hopefully it will be sorted so they get back to full production next quarter
Some chunky sells today. I hope thats not insiders getting pre warned of bad news again.
Yes you can burn the gas to generate electricity, angus have setup to do this at Brockham. Not sure why HH hasn't been setup for it. Must have lost 10's thosands if not more of gas to atmosphere by now. Make sense to put this in if we are extending the test for a long time. Maybe its a planning issue?
Hi Alan
ignoring the p*ssing contest that seems to be going on with the board, (I agree that Tidswell should have been fired or resigned in embarrassment long ago). Why do you think they have taken out this facility for 3M. Seems a bit odd after the 2M placing lately, and also we hope imminent oil revenue from Brockham?
I appreciate I may get hit with a sigh for this.
Does anyone have any notion on when we would next be due an update to the resource. The last update mentioned a fair bit of 2018 drilling wasn't included, I'm curious as to when we would get an update with this included. Would it be soon or will it be wrapped up into a 3month/6month update message?
I think that will very much depend on whether they give us news on mine life extension. I sincerely hope so as like most people I would guess I well in the hole on this one.
If they can get the mine life up to 10 years or even higher then that will improve the numbers no end.
I do find some of the comments on weald oilers and ukog bizarre. Hoping theres no oil at Brockham one minute, then banging on about having more miles of licence area the next. Surely everyone should hope that all companies in the weald hit oil otherwise you're devaluing your own prospective licence areas.
Does anyone know where the information on whats in the T3. 5 plan went. This is the increase from 2700 to 4000 tonnes. Cant see any info in the current presentation.
Gonna need a few more days like this to get back to where they were 4 months ago. Be lovely if they do bave an offtake as that the major hurdle I should think. Couldn't hope for a lower impact mining operation than this from an environmental point of view. Just digging up a pile of sand and leaving a slightly smaller pile of sand.
Possibly a stupid question but if as has been said KL3 and 4 are a single resevoir would we not expect higher flow from kl3 as this is the deeper part of the resevoir or does it not work like that. I'm being simplistic and comparing to a lake where deepest point has highest pressure. Curious how this works with Oil?
I love that the crushers are known as vibrating grizzlies, brilliant!
Millions of tons of ore stripped and ready for processing, copper prices high in one of the few stable African countries with another 30km more strike to go at. I'm baffled why these guys are struggling to raise a measily 4 million dollars.
How are people still managing to trade if these shares are suspended? or at these just delayed trades?
Does anyone know the process from here on, if the company is kaput. Do we get a letter or something saying the shares we hold are worthless so we can try and claim some of it against CG tax or something?
Of course this would require me to actually make some money on AIM first.
Forgive me Mr 51 I'm little worse tipsey so please explain in basic english what your issue is?
According company we all sit here watching we have a go.
If not they'll shut us down in an hour so what gain in lying to us?