Member Info for parkez

My understanding is the 4 drill holes not yet reported were to extend the Eastern gold lodes, ie prove continuity from Clontibret and Corcaskea.
Good results would also increase the resources.
So maybe they have sufficient data now for planning application hence the cessation of the major drilling.
Emphasis now on another area Glenish/Claylake for the news on increased drilling this year (calendar or financial but imo calendar).
So increased jorc, planning application and 50k drilling programme all before Christmas.
If only!!

"The Company has as a result, during the year, moved from its activities primarily being mineral exploration to having mine development as its main focus. This is a major, and transformational, event in the Company's history. We are confident that the Company has enough data and background knowledge to warrant this shift in emphasis and in Demir Export we have an experienced JV partner who have already, in a short space of time, contributed significantly to the JV partnership."

So if mine development is the main focus...its got to be Clontibret.
Sort of contradicts the and/or statement?

Another 3k shares added.
Not sure whats going on but the lack of selling (major shareholders) indicates to me its going to be good news when it arrives.

If they decide to go for the OR option...how many years to develop a mine then...basically from scratch...5/10?
Would negotiations on a sale of one of the JV companies fit the criteria of that statement and delay in transferring the PLs.?

I have not come across any information to suggest Clontibret will not be profitable, in fact quite the opposite and imo a mine at Clontibret is 100% going to happen.
Which linking the two earlier EOY remarks confuses me, it certainly suggests a change of direction and gives clues to the cessation of the major drilling programme at Clontibret.
The further prospecting licences were granted April and yet still not transferred....??
Just slow with it not being a priority or another clue?
Its guess work...

2021 EOY
"The primary focus of the joint venture project (the “Demir Export JV” or “Project Inis”) is the development of the gold deposit in the Clontibret licence to construction ready status and bringing it into operation as a gold mine. The parties further aim is to have the other licences given the same status one after the other, hence providing a foundation for a long-term relationship between the parties."
2022 EOY
" with the primary aim being the development of a mine at Clontibret in County Monaghan and/or elsewhere in the Longford Down Massif."
2021...further
2022 and/or.
is this saying that they are now not sure on what their plans are?

Let's not forget the 50p warrants expire March 23...

"Overall, we have made excellent progress in the last year and we will look to accelerate the pace of the work programme in the current year."
CEOs generally give time scales referring to the calendar year, saves confusion.
Q1 Q2 Q3 Q4
I am therefore taking the above statement to mean before Dec 31st 2022.
As always time will tell.

More buys than sells today...
Just added a few, just so I could write the above line.
Sure my great great grandkids will appreciate my efforts.

Just realised the results RNS is showing on this site, first one since 4th April.
But not the notice of the AGM.

Why no comments on last nights results..
Are people really that bored with this?

Anyone understand the special resolution at the AGM , with relevance to companies act 1022,1023?

"The current drill programme at Clontibret, which is being carried out in conjunction with Demir Export, commenced in May 2022 and is designed to build upon the previous work carried out by Conroy Gold with the objective of enhancing the knowledge of the Clontibret deposit and increasing the existing JORC resource figure"
Increasing the existing JORC resource figure!!!

Why were these published tonight and not tomorrow like the last 2 years?
More news tomorrow?

"The Company announced the results from the four drill holes in the 3,000 metre eight-hole step-out drilling programme on its Clontibret Gold deposit in Ireland that was carried out in conjunction with the Company's joint venture partner, Demir Export A.S."

No mention of the other 4 holes?
No mention of the delay in drilling?
We are really non the wiser....why?

The Company has as a result, during the year, moved from its activities primarily being mineral exploration to having mine development as its main focus. This is a major, and transformational, event in the Company's history. We are confident that the Company has enough data and background knowledge to warrant this shift in emphasis and in Demir Export we have an experienced JV partner who have already, in a short space of time, contributed significantly to the JV partnership.

Although the primary aim of the joint venture is the development of a mine on the Clontibret gold deposit and/or elsewhere in the Longford Down Massif, exploration along the 65km (40 mile) gold trend will continue. A number of other gold targets, in addition to the Clontibret gold deposit, have already been discovered and we expect the exploration programmes to discover further gold targets. Possible base metal targets in the Longford Down Massif will also be followed up.

"Overall, we have made excellent progress in the last year and we will look to accelerate the pace of the work programme in the current year."
Is that financial or calendar year?

Final results out.
Still in the dark ....

I have said before, before condemning Conroy/Demir wait and see what the reason for the delay is.
i have listened to the interviews numerous times and honestly believe at the time of the interviews the Prof was telling the truth.
So, if he was telling the truth then something has changed.
Will wait and see what develops...
But more excited than worried.
This time tomorrow we will be wiser.

https://audioboom.com/posts/8047163-midweek-takeaway-with-professor-richard-conroy-ceo-of-conroy-gold-aim-cgnr

The Profs rant interview,
Are we going to find out in the next two days just what action if any they decided to take?

https://www.share-talk.com/richard-conroy-chairman-conroy-gold-natural-resources-plc-aimcgnr-update/
Relevant I'm hoping to the lack of drill hole reporting.