Member Info for Oscar747

the gold in the MRE is the cheap to mine stuff found at surface, probably close to $1000 per ounce to mine, so at an optimistic and for the sake of round numbers maths, a $2000 per ounce gold price equals $1 billion dollars profit. (1,000,000 ounces x $1000=) Not bad for starters.

Deeper drilling later down the track could find the source of the gold and find squillions though......

Surely 5m ounces is for the whole thing when fully drilled out? MRE likely around 1 million, no?

*to do (obvs)

That’s all you have do

2020 GGP
2021 IRR - poundland coming

7 new targets to be drilled, that’s 7 chances of a big find. Hweda Has a big footprint. Could be a big one!

To get back on the lithium, even though Vince said 8 months ago it was all gold, gold, gold now! The lithium market has tightened up and will be at all time highs in 6 months times. (According to a bloke I was chatting to down the pub)

We’re the right place. The lithium market is actually quite small, when the price rises a little more and the EV space starts making more and more headlines, which it is doing and will do even more this year, we should start to gain more traction north. A couple of updates from Vince will go a long way. Let’s hope he’s got VW back at the table for a chat.

Little by little each day. 30p soon

The next 6 months will be epic for this company and the SP, those who have been here a few years know. It’s going to happen.

Sadly I need a lot more to than 18p to break even ??

BCN -gone north, heading for a pound
EMH - 5 bagged
SAV - up
Even PREM - up from recent lows
Will we follow?

So, within the next 6-8 months we could have:
An MRE on Zaranou
An off-take agreement or some sort of development for the Lithium in Ghana
Drill rigs turning in Dorothe (At last!)
What's not to like? Today's RNS providing some liquidity for the 12p warrant holders to sell perhaps? Nice, let's get them out so the SP can rise!

Do i Read it correctly that this 3rd phase of drilling is including a first pass drill of the area dubbed 'Coffee Bean / Super Pit' while the other rigs are infill drilling other areas that have already been drilled? Any clarification with this would be great. I'll review the RNS again.

With the SP bouncing between 20p and 16p a few times, it feels like it’s being primed for a strong move higher... just need the right move to land

Pop!

As investors return for the MRE and news of drill rigs into Chad. 1km by 3km Dorothe, just imagine if it’s 200 metres deep from surface ??

If we can get drilling in Chad along side Zaranou, this should go nuts. If we get some good numbers there....... awesome!

Gold going nuts