Member Info for PaulFG

https://www.lse.co.uk/rns/KAV/kcb-update-cu-ag-targets-identified-on-lvr-jv-88lllgu98sntmsb.html

Highlights

Ø 1,216km of Airborne Electromagnetic (AEM) surveys flown over the LVR Project in March

- Stage 1 of the LVR farm-in now complete, taking Kavango's stake in the LVR Project to 25%

Ø PL 082/2018

- Identification of a series of conductors over a 3.5km wide deformation zone

- The conductors lie along strike of the Plutus deposit and the Boseto Mine to the north east

- The primary target is a large EM conductor, extending to at least 400m from the surface

- Strong coincidental copper (25ppm to >56ppm) and zinc (50ppm to >100ppm) in soils anomaly on surface

- Fault controlled soil geochemistry anomalies striking over 5km

- Distinct similarities with Cupric Canyon's Banana Zone South Limb (mirror image) on the south side of the Ghanzi Ridge

Ø PL 083/2018,

- >10km of AEM conductors in the south-east of the PL, across two main targets (6km and 4km wide)

- Both targets have coincidental copper in soils anomaly over three lines (500m spacing) and the anomaly remains open

- The conductors are underlain by a linear magnetic anomaly extending for over 2km beneath the soil anomaly

Ø The structural position of the Targets is prospective for the discovery of copper/silver mineralisation

- PL 082/2018 is drill ready

- PL 083/2018 requires further field exploration to delineate drill targets

Ø Drilling expected in Q3, on award of Environmental Management Plan.

from my rudimentary geographical knowledge of Sri Lanka, Columbo is on the WEST coast and Damsila Exports project is on the EAST coast.

About 22 mins in Alan Green discusses ECR on UK Investors Mag podcast today:

https://ukinvestormagazine.co.uk/royal-mail-income-investing-and-trade-deals-with-alan-green/

Thanks - not a FB'er so appreciate you posting.

Morning Dr J - where did you source this?
Cheers

Yup folks, that's all. 21 working days remaining in H1 2021 - could be transformational.....

Such a good entry point for new investors right now

Sri Lanka starting to reopen borders (exception is to India I think). Big UK hardware chain recently stated price of paint increasing by 5%...

So which Gold Miner is based in Brisbane?

on Stockbox: https://www.youtube.com/watch?v=FUbkimeNSHM

From twitter today: https://twitter.com/Carraig_Na_Duin/status/1399303228643282945

Article: https://www.ft.lk/front-page/EIA-green-lights-heavy-mineral-mining-project-on-Akkaraipattu-coast/44-712347

A newspaper article from Jan reminding us of the project benefits.

on stockbox today POW research chat with Alan Green:

https://www.youtube.com/watch?v=Fj9piSAaHLA

Hi Legalwolf
What about emailing Andrew Scott to ask him to try and get an indication from CB on upcoming timelines in the interview he's planning to conduct this week? https://twitter.com/AndrewScottTV

I Know...BCB...and I agree it's totally irrational.

I think the other thing that irked me was they seemed to be all talk, buy licences, sell them off in an independent float move on. I grew up in old fashioned big oil companies - drill, discover, exploit.
Every time I listened to PALM there was never a completed drill, or a verbalised drilling plan - it was all we're going...stuff.

BUT I think that might be changing now with the Canadian property - my other concern was cash, it's going to run out quickly once they actually start some work on the ground.

BUT back to ECR - I think there's so much potential here, I didn't buy into all the negativity a month or so back, got fed up with some people here going on and on about it, and I continued buying as we went down. So I've ended up with a pretty decent holding (though not 3%, lol)

As you know my biggest bull position it with CMET -basically because it has the best low risk:high reward ratio in my portfolio and I'll gradually top slice that over the next 12 months down to a core holding between 500k - 1m shares. As I've said on the CMET board if you buy now the dividends in the first couple of years (once they start paying) will more or less probably pay for your investment.

Anyway, I hope CB remembers all his media coaching in the days ahead and we end up with some good PR - - best PR of course will be good drill results.

Hi BCB yes I know you're v bullish Palm,

Canadian stuff looks interesting.

But everytime I listen to the CEO it puts me off
I know I have to get over that

Andrew Scott to interview CB next:
https://twitter.com/AndrewScottTV/status/1398530073557229574

CB wants to put 'a' licence into production - you can hear it. He doesn't seem to mind which one but he wants ECR to be a producer. He's developed mines before and he wants to do it again. Sounds like that's his plan for these latest licences if the exploration goes well.

do you think that means one licence application outstanding or they failed to get it?

Nice to see he's actually in Australia - a rare thing these days for anyone to accomplish.

Thanks B B, appreciate that.

I'll search out the SI Capital interview and I see COBR have issued a new corporate presentation this morning.

BCB - I don't know what I'm missing here.

I know you've indicated that this is your biggest holding and I'm aware of some of your other ones, as we have some in common. But I don't know what it is about COBR that attracts you more than the others. Genuinely, I'm not being silly or sarcastic here.
I mean I'd love to know, maybe it would change my opinion.

Is there one RNS or factoid you can point to that would give me that 'eureka' moment - ah that's why it's his biggest investment.
Cheers

Legalwolf - totally get where you're coming from and I don't think there's any harm waiting for that final EIA tick in the box.
I think it will just be the first in a series of value releasing announcements this year and I think big long term money is also awaiting that box to be ticked.
You may or may not miss the initial move up, but there will be plenty more to come.
You have your strategy and it works for you so stick with it.