Member Info for Professor1

2 top ups from me just now. Happy bunny and GLA holders

@WilloftheWisp

This news has noth8ng to do with the divestment in Thar block VI which the co RNSd is looking at 2 potential buyers. The co holds some 9100 sq km

@apps

Nicely summarised. Wow just wow, super excited here and glad I topped up twice yesterday

And the most important thing to note from the RNS is that its the " Operational Profits" that will be shared. In arriving at the Operational Profits of mining companies, financing costs are not taken into account / deducted. This is very significant.

GLA

@GingerHippo

YOU SAY "That’s not commercial"

OUR JV PARTNER SAYS

"With multiple workstreams now converging – including exploration, metallurgy, resource modelling and permitting – Riversgold is aiming to deliver a significant gold project in one of Western Australia’s most infrastructure-rich mining hubs."

GLA HOLDERS

@GingerHippo

You say "Steve, per the RNS the overall grades achieved so far is 0.4-0.6g/t. That’s not commercial"

BUT SEE BELOW

Results from the earlier 32-hole, 1,805-metred drilling program at the Northern Zone included standout intersections such as:

10 metres at 8.89 g/t gold from 46 metres, including 1 metre at 77.96 g/t gold;

7 metres at 3.14 g/t from 47 metres, including 1 metre at 18.35 g/t gold;

5 metres at 1.26 g/t from 46 metres, including 2 metres at 2.74 g/t gold;

2 metres at 11.97 g/t from 34 metres;

1 metre at 6.98 g/t from 50 metres; and

12 metres at 0.80 g/t from 32 metres

@GingerHippo

Absolute rubbish.

We have gold interest WITH ZERO COST TO US. MEGA will do all the work , currently estimated to be around 5 million ounces.

I am not going to waste time talking about other mega large projects, and the imminent divestment of the Thar block VI which will unlock potentially huge value to Investors.

Pis have rushed to Wishbone Gold to capitalise on the sp increase and I have interest there too. But, in terms of timescale, the deliveries are sooner here.

GLA HOLDERS

@Latino

I missed that bit when I was listening, qill have to listen again. WOW, THAT IS TRULY AMAZING

@TheBasher

Absolutely agree, particularly if they have directorships in other companies, integrity paramount

@Boromad

Interview opens with something like" we have good relationship with Newcrest" so I have a feeling there more to this and I would not rule out that they are talking and that we have hit big

GLA

Great interview.I think we have a hit a real super biggy and its time to accumulate more of the golden nuggets

His Highness Sheikh Ahmed Bin Dalmook Al Maktoum

540,353,412 shares

CEO , Naheed Memon

114,295,788 shares

Thar block VI license in area I believe about 9,100 sq km

Absolutely massive

EXPECTING

1) Inclusion in the JV of the further land package

2) MEGA drills on the Northern Zone

3) Thar Block VI sale or part sale news - now with second potential buyer can maximise value

4) Potential Saudi Prince involvement

GLA

@longinthetooth

I loaded up too. I can see where this is heading

In actual fact, the company will be claimimg R& D credit from the govt bringing extra funds into the co.

The views expressed here of a fundraise ARE PURELY SPECULATIVE. The company has stated in no uncertain terms that any funding will come from the deals - hence we now have the appointment of Ketan Patel.

Tim has also made it clear that one cannot extrapolate from the accounts that going forwards the expenditure will be the same as per last accounts. This is because most of the R&D expenditure has already happened.

GLA

@longinthetooth

Its very possible, so long as the price is right.

As per Naheed Memon - something along the lines " We want to be up there, a MID CAP COMPANY"

GLA

News please Naheed Memon