Member Info for oilmanmike

The volume in the market from tracker funds was only a fraction of what is to come.
Also the whole green BTC thing is adding support.

Confirmation of the volume of ore.
“
The next step is to integrate the results of the latest drilling programme into previous drilling and ground geophysics campaigns and to develop a three-dimensional model of the two discoveries. This is expected to be complete by the end of May.”

Bring it on

Don’t fodl grow odl & be codl.
Be bodl, & hodl5godl .

There must be something for the bag to entice those who took the placing and to mitigate the risk to Monecor who took a £300,000 (9%) position in the market. My money is on O’Toole’s 30 years in Bolivia
counting for something in a country where doing business is a world away from here.

Hello Email, good to see you here.
Good things coming next week.
They will have all the bids in for
Hawthorne by COB tomorrow.
Figures on Thursday.
Plenty of time for the BOD to reflect on how
big a reward to distribute to patient
shareholders!

Over 32% HMSO and 40% NRR.
Both are restructuring balance sheets
which will enable a return to normal
dividend payments going forward.

= Monecor must be out

Zcash rising fast up 20%.
Anyone know what proportion of mining is BTC b’s ZCASH?

JC on his return trip from some R&R.
Question is will he stop off at KX36 on
the way back. He made a point of posting
Botswana here we come and then skirted
round it on his way to the falls. Let’s see.
3D modelling and geophysical analysis must
Be due soon as only a week of Maynn be left to
run.

RNS today it is then!

Thanks for the welcome.
Read about a potential Nasdaq
listing somewhere. Is this still on
the cards does anybody know? Bod

Just taken a position here based on the meeting at the weekend. This combined with the added US interest Crypto bloggers are creating, Algo’s green potential.
It will not be long before 2 and 2 are added to make 10 and Tesla will be touted as a potential buyer of the company. US based, TSLA have power walls etc.
Just wait till it gets on Reddit!!! Tesla mining it’s own green Bitcoin.
Besides good proxy for BTC which is due a bounce to test $45,000 before a small decline and consolidation. If I am wrong I will ave down and hodl for the LT

When this moves it really moves fast.
Someone was talking about a couple
Of years ago when it went from 0.35p
to almost 2p in 5 trading days. Participated
from 0.6 to 1.4p. Got I. Lower this time and
will hold for an extra day (3+1) this time. :-)

TBTT & JSC
I will take it a step further and say that logically if they were at 350ct up until the second pipe samples were sent away for analysis ( remember the pic of JC’s trailer ) then to be getting close to 500 ct with just that additional work implies 100ct or so from
the second pipe. Even 50 ct would get the tally to 400 ct which has to be “ getting close “ which is a direct quote from JC.
Question is this a slip up, a mix up or a heads up!!!!!

TBTH confused in what way.
I thought it was a good all round article.
It’s difficult to sum up many years work
in 1000 words.

Thanks for that Beetroot.
JC’s parting comment say it all really.
“Typically you need 500ct for the deposit to become an inferred resource. We are sitting on 350ct , so we haven’t reached an inferred resource yet, but based on the analysis of the second site, we may be getting close.”
The 350ct and 500ct JC is talking about is the physically recovered quantity of diamonds.
Hence the initial analysis of the second site has
recovered more diamonds.
Getting close to 500ct from the base point of 350ct
indicates v strong results from the 2nd pipe.
That’s the only explanation for the comment from JC at this stage of proceedings.
Strong Buy IMHO

The seller will be finished soon enough at this rate. Assuming they are going down to 0%.
They should be finished today or at the very least below 3%

Better than losing the 30/40 in a day like crypro

Agree that O’T is the key to CLON getting a decent slice of the pie. The real point is the relative size of the Li potential compared with market cap. This is the effective leverage and with a tiny £3m market cap I expect this to fly on any JV

Agree 100% with that.
A good outcome on the Hawthorn disposal/sale/ipo
could even lead to a cash element.The difficulty is encouraging shareholders to take scrip requires a fractional cash alternative. So any cash reward for patient shareholders would need to be separate. 5p scrip and a special 3p cash is not out of the question, although would not be a tax efficient PID. Therefore it maybe distributed as a cash PID in current fiscal year. Dont forget Q1 2021 dividend will also need declaring soon.