Member Info for Positivevibes

Demand for gold not going away - bitcoin crashing will instantly boost gold - demir export approached Conroy because it's a fantastic investment for them while also being fantastic for conroy - the biggest gold mine in the EU is in Finland with just over 4mil ozs - potiencially 8.8mil+ Oz won't be ignored even if the market is - while we're being told the JV is currently being concluded. Giant asimetrical risk reward

Bitcoin currently at £38500 and gold at $1790

A fall in bitcoin will significantly boost gold and silver, and also bring volume and the herd back to the AIM market, all in time for news on multiple fronts.

I'm excited at the huge potential of red setter - but equally excited about seeing what comes out of an aerial survey of cottesloes, covering a 12km strike length with fantastic silver and copper grades.

Both Paterson assets could take WSBN from the current sub 20mil Mcap into the 100mil+++

Holding and loading - especially after seeing the recent rise to 14.5 just on anticipation of the news rich period to follow

The MOU states that the Ministry will support the Anchois Gas Development to enhance job creation, regional integration through the development of strategic infrastructure and the promotion of clean and competitive energy for consumption by the Moroccan industrial sector. This reflects the Ministry's active promotion of the use of natural gas extracted in Morocco to help the Kingdom of Morocco meet its key national strategy of industrial development, the decarbonisation of its economy, diversification of the energy mix and the reduction of its dependence on imported fuels.



The Parties will forthwith progress discussions with the view to signing further agreements with the Ministry or other Moroccan authorities to implement the Anchois Gas Development.



Mr Moulay Hafid Elalamy, Minister of Industry, Trade and Green and Digital Economy, commented:



"We continue to support the development of domestic gas prospects to accompany the fast-growing industrial sector in Morocco and contribute to its global competitiveness by providing a cheap, clean and reliable source of energy."



Mrs Amina Benkhadra, General Director Office National des Hydrocarbures et des Mines, commented:



"We are pleased to have signed this MOU with the Ministry of Industry and Chariot in line with ONHYM's Mission and Strategy where we look to attract investment from the private sector to accelerate the development of resources in Morocco. We look forward to working further with our partner Chariot and assisting them with the advancement of the Lixus Offshore Licence."



Adonis Pouroulis, Acting CEO, commented:



"I am delighted to announce this MOU with the Ministry of Industry in Morocco. The Kingdom of Morocco is firmly focused on decarbonising its economy and diversifying its power sources and the development of the Anchois gas project will enable them to achieve this. Anchois has very strong ESG credentials and, once developed, it also has the potential to deliver considerable value for all stakeholders for decades to come.



The signing of this MOU is a significant step in our efforts to access the Moroccan gas markets. With the Kingdom of Morocco's support we intend to build on the positive conversations we are already having with entities involved in the Moroccan gas market, giving us greater confidence that we will sign the necessary agreements to expedite the development of this value accretive gas project, for the benefit of the Kingdom and Chariot's investors."

Expression of Interest Letters with Africa Finance Corporation and a Multinational

Investment Bank to Debt Finance the Anchois Gas Development Project in Morocco

Demonstrates Fundability of Value Accretive Project



Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused energy company, is pleased to announce that it has received a non-binding Expression of Interest Letter ("EOI") from Africa Finance Corporation ("AFC"), a pan-African Multilateral Development Financial Institution, for the provision of development debt finance for the Anchois Gas Discovery, located within the Lixus Offshore Licence, Morocco ("Lixus"), and the development of future discoveries from the wider prospect portfolio of the Licence.



In addition, Chariot has received a non-binding EOI for the provision of Reserves Base Lending for the development of the Anchois Gas Discovery with a Multinational Investment Bank.



Both EOI's take into account the estimated capex required to bring the development online, anticipated to be in the region of US$300-500 million, but they also identify Lixus as being an important strategic asset, with strong Environmental, Social and Governance ("ESG") credentials, that has the potential to help Morocco transition to a low carbon economy, as it seeks to satisfy an anticipated doubling in domestic demand for energy over the next 20 years.





Adonis Pouroulis, Acting CEO, commented:



"Following on from the recent Anchois resource upgrade, I am very pleased to announce that we have received expression of interest letters from two highly regarded institutional lenders. Africa Finance Corporation has played a pivotal role in helping to unlock some of Africa's most promising energy projects, with AFC currently having investments of over US$1 billion in projects ranging from upstream/midstream oil & gas, to power generation. The Multinational Investment Bank is a leading provider of finance in the oil and gas sector with both global reach and profound market expertise within the EMEA region. Both Expression of Interest Letters further endorse our view that the Anchois development is a high value project, with the potential to deliver near term cash flows to Chariot and also transform Morocco's power sector.

Morning all

https://www.proactiveinvestors.co.uk/companies/news/938593/chariot-oil--gas-lonchar-presenting-at-the-proactive-one2one-virtual-forum---14th-january-2021-938593.html

I recommend existing and new investors looking in to listen to 7:30 - 11:40 of this january presentation. Since we've had the subsea alliance agreement - MOU with the Moroccan government - the new aquisition paid in shares - and the previous EOI from the 2 banks for debt based finance of 300-500 mil

At 33mil Mcap - a 9bn+ asset in lixus that in Julian's words would struggle to find a better asset in a better location - there's high demand for what they have hence the busy data room - we can understand why were being told to anticipate a 10x events when char will eventually and inevitably be fully funded 300-500mil and in the process of futher partnership's. Load and hold

Ignore the noise. 8.8 mil Oz with potiencial to 15-20mil Ozs

The JV would substantially benefit both demir export and Conroy - with gold currently about 1780 and the need not going anywhere post covid - where any crypto crash would push gold significantly hugher.

10mil from demir to expand the 500k JORC resource into the above 8.8mil ozs - and after doing so building a mine to construction leaving Conroy with no less the 25% ( GGP got left with 25% 75% to Newcrest )

Demir will 10x+ on their investment and so will conroy - 20%+ below the recent placing price as the market has taken none of the above seriously - The JV could be concluded any day and we've been told it's already futher advanced and a significantly better deal than the previous AAZ

If the JV is concluded - Conroy becomes a life changing investment the will see Minimum 10x over the following 12-24 months

Cottesloe Project Highlights:

· Rock chip geochemical sampling results reported up to 298g/t Ag

· Multiple significant drilling results including:

o SCR225: 5m at 102g/t Ag from 14m

§ Including: 2m at 165g/t Ag

o SCR247: 2m at 73g/t Ag & 4.6% Pb from 8m

o EWP-2: 22m at 42.7g/t Ag from 8m

§ Including 8m at 72.13g/t Ag from 22m

o EWP-3: 18m at 29.3g/t Ag from 6m

o EWP-7: 20m at 35.9g/t Ag from 2m

§ Including 2m at 100g/t Ag from 8m & 4m at 69g/t Ag from 16m

o EWP-11: 4m at 41.25g/t Ag from 14m & 10m at 41.6 g/t Ag from 24m

o EWP-12: 8m at 58.37g/t Ag from 20m

o EWP-24: 8m at 54.87g/t Ag from 40m

· Mineralisation trends interpreted to be over a 12km strike

Wishbone Gold Plc, the London listed precious metals trading and exploration company, advises that it has signed an exclusive deal to acquire 100% ownership of the 92.19 square kilometres Cottesloe Project in the Patersons Range region of Western Australia (the "Cottesloe Project"). This proposed acquisition will more than double Wishbone's exposure in the well-endowed gold province of the Patersons, increasing Wishbone's tenement holding to 159 km2 from 67 km2.

We hit 14.5 last week in anticipation for Red setter drilling campaign - everyday is a day closer and currently it's the longest time it's in between updates, can't be far.

+ Cottesloe Aerial survey - currently with excellent silver and copper grades across a 12km strike length - will further strengthen talks of possible JV with our boardering major's - sub 20mil Mcap

Up to 11:40

https://www.proactiveinvestors.co.uk/companies/news/938593/chariot-oil--gas-lonchar-presenting-at-the-proactive-one2one-virtual-forum---14th-january-2021-938593.html

7:36

Drilling has outlined an ovoid shaped zone of variable brecciation, alteration and sulphide mineralisation with dimensions of approximately 650m x 350m trending in a north west orientation below 420m of Permian cover. Mineralisation has been intersected in drilling at depths greater than 1000m below the unconformity. Breccia mineralisation was initially identified internal to the Crescent Zone but most recently broad zones of mineralisation have been recognised external to the Crescent Zone to the east, northwest and southeast.

Vs wsbn 1400 x 400 x ? For target A

In addition, Chariot has received a non-binding EOI for the provision of Reserves Base Lending for the development of the Anchois Gas Discovery with a Multinational Investment Bank.



Both EOI's take into account the estimated capex required to bring the development online, anticipated to be in the region of US$300-500 million, but they also identify Lixus as being an important strategic asset, with strong Environmental, Social and Governance ("ESG") credentials, that has the potential to help Morocco transition to a low carbon economy, as it seeks to satisfy an anticipated doubling in domestic demand for energy over the next 20 years.

Mrs Amina Benkhadra, General Director Office National des Hydrocarbures et des Mines, commented:



"We are pleased to have signed this MOU with the Ministry of Industry and Chariot in line with ONHYM's Mission and Strategy where we look to attract investment from the private sector to accelerate the development of resources in Morocco. We look forward to working further with our partner Chariot and assisting them with the advancement of the Lixus Offshore Licence."



Adonis Pouroulis, Acting CEO, commented:



"I am delighted to announce this MOU with the Ministry of Industry in Morocco. The Kingdom of Morocco is firmly focused on decarbonising its economy and diversifying its power sources and the development of the Anchois gas project will enable them to achieve this. Anchois has very strong ESG credentials and, once developed, it also has the potential to deliver considerable value for all stakeholders for decades to come.



The signing of this MOU is a significant step in our efforts to access the Moroccan gas markets. With the Kingdom of Morocco's support we intend to build on the positive conversations we are already having with entities involved in the Moroccan gas market, giving us greater confidence that we will sign the necessary agreements to expedite the development of this value accretive gas project, for the benefit of the Kingdom and Chariot's investors."

Load and hold

https://www.proactiveinvestors.co.uk/companies/news/942668/chariot-cfo-julian-maurice-williams-on-the-gas-market-mou-with-ministry-of-industry-in-morocco-942668.html

Julian letting us know lixus has been substantially derisked with both the MOU With the morrocan government and LOIs for 300-500mil funding - that in his words they couldn't be in a better location with multiple pieces of newsflow to arrive shortly, and looking to provide and 10x event for shareholders - lixus worth 9bn+ funding 10x+ the current Mcap

Giant German lithium mine - surrounded by demand for lithium - funded for the year and in advanced discussions with financiers. Load and hold

https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-19th-april-2021/#gs.ymbf4e

5p short term target

The actual EL issuance should trigger HEAVY Instititional buying as criteria for investing will have been met and as the move into asset monetization occurs. That sort of inward, committed investment will have a massive upward impact on the share price to realize the 50p plus projections.

As announced on 25th February 2021, Conroy Gold has engaged with Demir Export on a proposed JV covering the Company’s gold projects in the Longford-Down Massif. Demir Export belongs to the Koç Family who also own the largest industrial conglomerate in Turkey, a Fortune Global 500 company and Turkey’s leading investment holding company.

The letter of intent signed in respect of the JV proposal would also provide the considerable injection of working capital needed for the development of commercial mining operations at Clontibret and elsewhere along our district scale gold trend. The proposed JV with Demir Export, if completed, would mean a further €1 million payment being made to the Company together with an initial €9 million of expenditure (excluding operator fees, Demir Export in-house costs and minimum regulatory work commitments) over two phases which would earn Demir Export a 40% interest in the Company’s Longford Down Massif projects as a whole.

The third phase which will see expenditure by Demir Export of the additional funds required to reach declaration of construction-ready status (i.e. a bankable feasibility study or equivalent and all related mining permits achieved) - for Clontibret and/or other mine developments will earn an additional 17.5% interest in the development(s) thus increasing Demir Export’s holding to a total of 57.5% in those development(s). At this point Conroy Gold would retain a 42.5% interest with various further options including a “Carry Loan” on capital expenditure to commercial production enabling Conroy Gold to retain an externally funded 25% project interest with minimal further cash outlay. This ongoing ownership aspect was a particularly key element of the JV for the Company.

In the Longford-Down Massif, the Company has already delineated an existing JORC compliant gold resource of 517,000 ounces and a series of targets across the 65km long district scale gold trend.

The existing resource has been generated from drilling covering a small fraction of the Clontibret gold target, with the majority of drilling to a depth of less than 200m and a maximum depth of 350m. The Clontibret deposit is geologically comparable to the Fosterville deposit in Victoria, Australia.

Engaging with Demir Export, a proposed JV partner with considerable financial and operational strength, is exactly what is needed to accelerate our exploration and mine development activities.

As we move forward to conclude the formal JV agreement, the Company is pleased to secure this significant financing which changes the Company’s treasury and balance sheet and supports the various business development activities that are ongoing. We are seeking an efficient conclusion of the formal JV agreement, advancement of gold exploration in Ireland and the drilling of key targets at the Company’s Finland gold interests.

Placing at 33p - the market has currently priced Conroy to fail - although the JV can be concluded at anytime and we'

Our aim now is to advance the Project to production. Accordingly, key work streams have been planned for 2021 to position Zinnwald Lithium to make the transition from developer to producer. These include engaging with potential off-take partners; advancing discussions with potential financing partners; performing the necessary testwork to assess the commercial viability of producing a broader range of lithium compounds; undertaking front-end engineering design work; finalising the selection of the optimal chemical processing site location and completing the final steps in the permitting process for the construction and operation of the mine. We have already made steps towards achieving several of these targets.

https://www.lse.co.uk/rns/WSBN/high-grade-silver-acquisition-in-patersons-range-7jk13trd795edq9.html

Would like a update on cottesloe also. Hopefully an Aerial survey will be taking place on cottesloe ( acquired at ( 14-16p ) while red setter drilling campaign gets underway

Market completely unaware of the potiencial here and what the JV means for the future of CGNR - it deriskes the 8.8+ mil Ozs/ 500k JORC resource with gold all around for 65kms potentially all the way to production

Both the JV conclusion and Finland drilling program could be announced at anytime - 33p placing price with warrants at 50 & 100p

What massive uninformed deramp. Assets acquired at 14-16p - tier 1 sized magnetic body red setter fully funded to start drilling soon with the nearest mines hold gold and copper + cottesloe and other assets. WSBN is already a screaming buy, the 18p yearly high wasn't for no reason and now we now in the strongest position while juniors are in a bear markets as billions flow to cryptos.

WSBN will see it's yearly highs and beyond once drilling starts at red setter and we find out what's happening with cottesloe - success at red setter will see WSBN many multiples from the current 17mil Mcap - similar geology and size to GGPs Havieron. Dyor, load and hold for the news rich period that's overdue.

I also recommend look at the time in between previous updates - news on multiple fronts could land at anytime while your waiting for your cheaper entry