Member Info for Pecten11

Stevebt, the price will be less relevant than the spread, look for a tight/marginal spread if you can

Gug 'Why do you just try and be disruptive when there is no reason to do so ? Narcissism ?'

Have you asked yourself that question??

Gug 'This is rising IMO on the leaky KNOWLEDGE of the production numbers. Lets see what they are..."

So if it's based on knowledge, would that not suggest they are better than the market anticipated? Or was your post incorrect?

goingdeeperunderground...
"Sold Value £4,082
Bought Value £140.92k"
Of which £110k is a rollover....."

do you mean of which £76k is probably a rollover - i now your ego thinks everything is bigger...

Antharry, just not sure whether RobS is 'an absolute bull s71tter ' or just a fantasist who thinks he's connected

Sandy, we may have(and may still do so) have disagreed in the past but don't think I was ever rude - well not without good cause........lol

RobSaunders 'Prelea has been talking to ZIM via solicitors for the past 6 months to unlock the diamonds in the vault. @

the source of your information is what?
Youve got history of posting things as fact (which dont happen) with nothing to substantiate them

Pandora Papers related story re diamonds and Zimbabawe
https://allafrica.com/stories/202110050325.html

To be fair, there are many gaps in the story but if true then the Crocodile isn't going to let diamond opportunities go easily now he has direct control

Sandy, yes, as a known resource and apparently a viable route to project level profitability, it surely should have a far higher priority than the mis-direction of Ghaghoo

Sandy, yes of course re potential profitability at Baita, but in that case imho, would also imply a pretty long can kicking re the Manaila idea before it could actually happen

Actually that made me think - do we actually 100% own the processing plant at Iacobeni and that has also been on C&M all this time or is it owned by someone else?

Sandy, 'non-equity linked source' to me means either debt at the project level (I.e. collateral over Manaila ') but that would need agreement with Mercuria and Atlas as, as far as I'm aware, their outstanding amounts are against VAST topco, or a partial sale/JV which would still mean dilution of company assets
Can you suggest any other option meant by non-equity linked source?

So as previously discussed the use of XRT could make Manaila viable again, but until it actually happens (probably at a cost of minimum $2m plus) it's actually pretty irrelevant

QED - thanks for the research. Even though they are on the back burner it's still relevant as they appear on the VAST website as projects

Re the below comment , it doesnt say directly connected, so the underground drive could just be part of the connection which would be more direct under, rather than over/round the intervening hill range?
Here's what the company said.........."The Zagra-Talisua deposit is also connected to Carlibaba by a 19km underground drive that could facilitate transport of ore to the centralised processing facility at Carlibaba".

To be fair, it's more likley to have been a sell, lodged yesterday or the day before (if not longer because of the size) and that weight has dragged the SP down
Now its cleared, maybe a new direction awaits

https://find-and-update.company-information.service.gov.uk/company/03539832/filing-history

https://find-and-update.company-information.service.gov.uk/company/03539832/insolvency

Interesting that they appear to have gone through a voluntary insolvency procedure this year - have since sworn solvency

As interpreted - granted

Somewhat ironic prayer to quote from re VAST

Level of confidence will be based on quality and volume of evidence surely

Sandy, you know that, I know that, but was just trying to point out that although the market may look forward, trying to hype up such an extension to mine life is, ahem, somewhat premature

Hi GK and thanks for trying to provide a rationale behind Firwood's claims, as he is never able to do so for himself.

When is any drilling planned for Antoniou North?

And how much drilling do you think will be needed to obtain a high enough level of confidence to create a worthwhile ( not just inferred) JORC ?