Member Info for SirGBoycott

'too attached' maybe but not obsessed Jax unlike some

FCA sign off for MAST would be nice

Interest in KAT / POW picking up? Haneti assay results on the way?

The access and surrounding infrastructure is good, I think the excitement comes from the amount that might be a low depth. Interesting comment in previous RNS about 7% from a trench in 1931 and the reference to 14% from other samples. Reading between the lines I thought the inference was much higher concentrations, at low depth in pockets.

They drilled 50 holes at a total depth of 2000m so 40m average a hole which is well within the 300m needed for open pit mining. Now I don't know if that's a limitation of the drill or deliberate

I looked into this JDWag and there are a number of variables but 2% is generally considered good.
Kabanga in Tanz is 2.62%

Couple of good post there Trek. Been here since Attis and excited to see where this goes. Seems to me to be a good early indicator that results will be as expected

Why dump the warrants immediately unless they want the cash - they don't expire until Oct 21 so didnt need to be exercised now

https://www.pscp.tv/w/1OwGWVoDnNMKQ

So I know LC gets a heard time for missing deadlines but he's not the only one - lets look at NCCL

April 2020 RNS stated they would have their PPA for Moz in Q2 2020.
Todays RNS talks of 'Finalisation of tariff negotiations with EDM'

PEAK Resources - remember them. Still waiting for their SML from the Tanz Govt. In fact I think they have resubmitted in Sept and still waiting.

Just trying to add a bit of context and balance.

If and I stress IF they did need to raise at this point with the expected significant news flow and the fact that Gold / Nickel are hot at present any raise you expect to be at a premium to the current SP and not 1.5p but as they only raised capital 2 months ago as you can see in the RNS history its not unreasonable to suppose that they don't need and wont need more cash for a good few months yet!

Second time you have raised that VIOKS so lets try and put your mind at rest. No I don't think there is any imminent need to raise. If you read back a couple of months they last raised cash in January 2021 less than 8 weeks ago. - £960K.

At the time it was envisaged just 8 weeks ago that ... " The Fundraise will significantly bolster the Company's ability to continue uninterrupted with work on its projects during the current uncertainty and unpredictability associated with COVID-19 and to advance the project funding initiatives as well as complete technical study work for the Blyvoor Gold Tailings Project and also expanded follow-up work on the Haneti nickel exploration programme"

It is likely that the company will indeed need to raise in the future as all AIM companies without revenue need to do but any raise, if required, is likely to be on the back of an agreement at Blyvoor and initial Haneti results. Any subsequent raise should be limited to working capital due to the way that they intend to fund Blyvoor and the fact follow up work at Haneti is included in the raise above. There is also the monies due form the sale of Imweru & any cashing in of warrants to factor in. Previous to the raise in Jan 2021 the company raised a similar amount in June 2020 so around 6-7 months gap between placings.

Jax you are so sure this will go only one way yet continue to swim against the tide. If you knew the lottery numbers next week I expect you'd buy a ticket BUT if you knew your numbers weren't going to come up would you also buy a ticket?

when are we going to his the .2s Jax?

bit far fetched imo sogofagun. looks to be a pretty successful startup. Suggesting LC is behind it in order to shaft PI's is a bit QAnon

Agree with some of that jdt but hardly see it as bottom drawer now. Closer than ever on two fronts blyvoor and haneti.

Not sure what you are suggesting sonofagun.

Still think Blyvoor will happen in a big away, looking forward to Haneti results. Added some more at 1.84, fundamentals still the same. Sounds like anything that could be impacted by covid has been completed. Completely agree the wording is often confusing and nothing ever seems to get done on time, but that's the norm now.

https://www.africaoilandpower.com/2021/03/04/south-african-mining-companies-will-play-significant-role-in-vaccine-rollout/

home schooling

surely Jax even you who was fearing a drop back to the .2p would welcome the news that warrant holders have exercised them at this point putting needed cash in the kibo coffers.

As for enthusiasm it comes and goes after several years of false dawns and will return in buckets if our ceo can drag one project over the line.