Member Info for Rob1967

Its great to see you back to your old self confident as ever. I agree with what you saying and have always said that a deal in principle has been agreed and just waiting for lawyers to finalise. This maybe soon by the way Brad spoke of in his last interview. But we all know brad and a few days to him could mean a few months 6 months to us with his past record.

Time is of the essence as the money is burning fast. I think 2024 will be alot better year that last 2 years more drilling not much to beat there as non in last 18 months. and gold should hit all time high 2300 to 2535 is my guess. So should bring alot of attention to the gold market and smaller gold miners.

I may add a few this week too and looking by the state of cash burn it looks to me we will be out of cash by July or even June 400k pm, so I would expect a raise June or before depending on how share price goes. Cant see other projects moving share price much on a weekly basis. Hope Im wrong and theres lots of good news.

JV would be best outcome but if its took 6months or more to just agree to get 51% back cant see how a JV agreement gunna be drawn up overnight as there will be lots of negotiations on both sides give take. So to me a raise when share price raises would be best out come say 5 or 6m that would give them breathing space and a bit of cash to put towards other projects while they get Anza back and drilling.

All guess work and yes share price will come back at some point on a raise.

Bhargav I believe you and know you are true to your word and a big holder here.

RPG, Adam would be shouting from the roof tops if full production had been achieved imo.

Another slight drop in met coal prices…

Cot, you should have warned our recent Saudi investors before they paid 11p.

They must be devasted...

Full production…very unlikely

Im only guessing I think we have less than 6 months cash left. it would be great to get a JV first but as I said before clocks ticking and a JV may take time so just guessing we have to pay for other projects so they wont wait, so my best guess, if they did raise that will give bod time to sort out JV and do other work pay bills on these other projects for a while.

rad said for last 2 months we hope to get the 100% of Anza back. How long would a JV take a week a month 3 months. How long can Brad stall on other projects at some point they will require big money for drilling and payments up front.

We aint got years its a matter of months of by raising on good news will give them time to sort all other business out. This is my guess and thats all it is guess work. But reality is cash is running out and clock ticking. Bod will raise that for sure which buys us time.

I think deal already agree is my guess and they waiting on it be officially signed off by legal teams. As Ive said before they things take time.

Now showing

GLA

Agreed ML..i also added a decent chunk this am…not showed as of yet

Cheers crannog..

Sp down by 2.53% sells 95p buys a few quid if thats not manipulation I dont know what.

Saudi placing was for 27m the TR1 is for 24m…so do they now hold 51m ?

Agree Dr could have been Agnico who said one of there biggest projects. Which is tasty 37% of pie or 75% of pie. Agree Agnico has seen all data and they are next door with Royal Road and Buritica only 26 miles away so it would be a good addition for them to get hold of this at the right price terms. Just hold bod dont give it away,

I said 4 to 6 weeks for news and legals to be signed off. These things take forever like buying a house some take 4 weeks others six months just depends who you dealing with.

Market Makers will try and accumulate as many shares and keep shares purchases restricted as much possible as when good news comes this will go alot higher.

As I said its guess work and just trying to say what the bod could do at 6p and 100m shares would give them 6m less costs. Who knows it might be 10p or 15p or 20p or 100p. or 500p

I could say them figures but atm 6p to 10p is more realistic. better to be on cautious side than to build up big hopes and then be masively disappointed so 6p to 10p possible but only time will tell.

Dr you say 200% possible it is, Biggest rise I ve ever seen in one day is 475% but after a month it was back to the old price or 475% down. That why when this kirks off it may go but big but Id back money lots will cash in and take profit. I know Seingred will be and so will Bhargav and many others.

So from me its all guess work and until we definitely know from an RNS we are all guessing. How many times has brad say Drill drill drill and Newmont considers this one of their best projects. Well there werent much truth in that one. So we will have to wait and see if an investor takes a leap of faith or wether Angico is really interested. They might be on their terms but that might not be our terms.

Time will tell clock ticking.

If we had a car and does not matter how good fast expensive that car is when you low on fuel do you leave it til you on empty before filling up. or like me like to keep plenty in tank. Well we close to empty and we dont know how far next petrol station is, it could come anytime or it might be another 50 to 150miles down road.

It all depends on news and how share price goes. best be conservative than over ambitious making predictions that might not be possible. Agree share price was 17p last time but we down at 4p atm and need some big news to get it upto that level and stay there.

I could say 50p but is it possible no so just trying to be realistic. it would be nice at 10p but only time will tell. its not as though we sat on lots of cash and can wait we on clock here and time is ticking.

MM's have been happy to take large quants at a premium for a few days...

My guess and thats all it is I would not be surprised if on good news the bod had an initial raise of 100m shares at 6p that would give them 5or 6m to keep other projects going for this year and get or hope they get a JV partner to fund Anza. The raise will give them head room while they start a drill programme with a partner then if the share price reaches higher levels they will raise again at maybe 10p or 15p.

All guess work and wishful thinking.

Hope thats not over top.

SB now holds 2.2m