Member Info for Piscator1

Shouldn’t take long given this statement in the RNS:” The Company's technical team has already undertaken exploration work at Monal in recent months, consisting of geological mapping, grab sampling and infill and extension of historic soil geochemistry surveys, with interpretation guided by geological characteristics observed at the nearby Cannindah deposit. The IP Survey is expected to confirm the presence of geophysical signatures typically associated with porphyry-style mineralisation, including "porphyry finger" type targets.”

Good news this morning, and a come and get me to the neighbours. This is right next to Cannindah’s southern shoot extension, which is what their CEO is so excited about.

Nice to see some interest this morning. That 1m buy speaks loudly.

The real spread is now 0.7 to 0.75. Test it with a dummy sell if you are not convinced.

STM have a new website and seem to have made considerable progress with Nayega: https://stm.tg/apropos/

Why on earth would they do that when Directors have a considerable stake in the company and a reputation to maintain? The market cap is only £2.6m and it has to be worth a lot more than that with a producing asset and the strong likelihood of a further payment from STM for Togo.

Looks like this is going to go to the wire, but they should be at peak production now and have an established customer base, with phosphate prices peaking thanks to the war in Iran. Add in another payment for Nayega, and we could have a buying frenzy here, but you have to be in it prior to the news to win it imo.

Another nice buy just before the market closed. News can’t be far off now imo.

Https://hotcopper.com.au/threads/ann-breccia-resource-expansion-drilling-continues-to-deliver.9191378/?source=email

The southern shoot extension brings them ever closer to MILA’s northern boundary and they are still finding lots of the shiny stuff. Clearly there’s a massive opportunity here for a merger and an approach by a major imo.

Solid buying from the open. The tide has turned.

Continued identification of multiple high-grade gold shoots from shallow depth within a large mineralised system.

Broad lower grade halo shows potential to define significant tonnage in the system.

Continuity of mineralisation confirmed well beyond the historic resource footprint at Yarrol North and to greater depths.

The gold system remains open along strike and at depth, with additional high-grade targets and parallel mineralised structures yet to be tested, supporting potential for further growth.

Data integration and geological modelling work has commenced in preparation for resource estimation studies.

Data integration and geological modelling is expected to be completed by mid-July, informing the next stage of drilling scheduled to begin in August, with the aim of maximising the initial resource size.

What a perverse reaction to a decent update. It is notable that the best grades and intervals are in the north of the historic resource area, whilst the neighbours are looking to extend their resource to the south. This presents an opportunity for a marriage made in heaven for the two companies. I’m also glad to see them doing something to generate value from the Kathleen Valley assets. Buyers will return for the MRE so it’s madness to sell down here imo.

Https://x.com/milaresources/status/2061726348016570774?s=48

Nice buy today ahead of news, but spread should narrow considerably once news drops imo.

Fatboy88 the RNS states that “ Licence 41777-HQ-LEL, held by Lunda

The parties acknowledged that Large-Scale Exploration Licence 41777-HQ-LEL (approximately 42.5 square kilometres) is legally owned by Lunda, with Handa having similarly renounced any Interests in this licence. The ground under Licence 41777-HQ-LEL was originally part of Handa's wider licence area but is considered an immaterial asset to Arc.” so I’m not going to lose any sleep over it.

Has to be imo. Peak spring selling season should have finished now.

The 1.5m shares bought in the closing auction speaks very loudly imo.

Someone just bought 670k.

There’s still some bell ends selling in the low 1.5s despite that £16k buy. You couldn’t make it up!

Don’t concern yourself with a processing plant. That is a long way off, and the biggest gains in junior miners are made during the exploration phase. Just check out the meteoric rise in GGP during 2020 for example and research the Lassonde Curve.