Member Info for Professor1

Looks like this is about to break upwards

Good afternoon Mickey and everyone

Just 1m oz on Labola will be worth 96p to PAT based on our 46% share according to my calculations

Bmdjf

An agreement will be a win win for all concerned.

Good morning all

We should hopefully get institutional investors in once the drills results are out with likely excellent results

Thanks Bergcarls - that makes $3 Billion revenues just from Rhodium @1% of resource

Hi MrYFronts

So, if MT has 15 million ounces (ignoring the potential 40m oz), 1% Rhodium of this would be 150,000 ounces. At $16,000 an oz, this would generate $2.4 Billion in revenues. Am I correct in my understanding please?

A sad day indeed. May his soul rest in peace.

Hi Mickykay

I see you are also in EUA . Sorry to digrace a bit here but a mere 250k oz of Rhodium @$16000 an oz = $4 Billion in Revenues - eyewatering

A mere 250k ounces of Rhodium @$16,000 an oz = $4 Billion in revenues.

Absolutely Womo. The sp is played about like a yoyo but I would not let it worry an inch. If one believes in the assets we have then nothing to be concerned about.

Hi AR2020

She will be on the way up soon.

I absolutely agree with your comment on Bhukia. Mr Bolton, when I spoke with him last, did inform me that in case if I needed to speak to him on any matter, I could drop him a note on Whattsapp which I will do soon.

Cant wait for EUA to cross the finish line - my price target is £2.44. I think it will be complex sale + a consortium type of a deal.

EUA TO BE FOREVER REMEMBERED

I think we can kindly request our friend Ageos to put it in simple words for us.

If JUST the resource on Labola comes over 1m ozs then this will rerate like nobody's business. If Bhukia agreement lands then, as the management have said, you can add a couple of zeros to the market cap.

If Moydow can undertake huge expenditure to progress the projects then that shows confidence.

Hi Valuefinder and all - Goodmorning

I think most gold stocks are down today with a couple of exceptions.
Just waiting for the Labola news on the resource to come through but if everything is going according to plan on Bhukia then we could get an update on that first.

Hi Womo

I would agree. Moydow have committed to spending huge sums on these projects. At Labola, they are projecting larger area than just extending the 9KM strike length which seemed to have been the objective previously. Kalaka, which you will see from my previous note, has 12 or so target zones of which only K1A has previously been drilled and showing really good promise. 3 areas identified as a priority.

My take on BIDO and BASSALA, our 100% owned projects, is that we might wait for the Bhukia to materialise before embarking on these - then again I may be wrong.

Hi Good morning everyone.

A very hectic morning and only just saw the RNSs / presentation which highlights the huge potential on projects not owned 100% by us. Please do not forget our wholly owned BIDO and BASSALA too - these appear to be company makers on their own.

We will wait for Bhukia news - just hope no further delays by the SYSTEM over there. Interestingly, I was reading on a different case, where the advocate representing one of the parties and who was at the court waiting for the proceedings to commence suddenly decided to go out on a pleasure walk whilst keeping everyone waiting.

Hi Mickey

Moydow have taken on projects which they regard as highly accretive to shareholder value. On Kalaka, even the smallest target which has been worked on has amazing potential - and they have identified 3 targets as a immediate priority which are much bigger. Hopefully Kalaka news soon.

Hi Troajan

Agree - those are really amazing grades at PUR. Will look at the history in detail later on this evening.
Thanks for letting us know.