Member Info for steve58

Googled assay results from lab.

About seven working days so ties in with DL timeframe mentioned.

He mentions mining and processing next year.

The way it reads processing means the same as production.

Seems like they are fast tracking gold production.

I’m sure we will get clarification in due course.

Maybe someone can ask DL what he means by processing.

Seems between five and eight working days is the norm.

Not sure how long the sample takes to be analysed in the lab.

If you are going to do something do it properly.

Does make me think that maybe some or all of the stake could get sold when final resources figure is known. We already know that the recovery rate is over 90%.

Depends on how much the recoverable gold in the ground is worth to a potential buyer.

If you are going to do something do it properly.

Does make me think that maybe some or all of the stake could get sold when final resources figure is known. We already know that the recovery rate is over 90%.

Depends on how much the recoverable gold in the ground is worth to a potential buyer.

Still only £7 million mc.

Once the assay results start feeding through given the gold price a revised resource figure can only bode well for the future sp.

The rig crew would be completely oblivious to the grades found anyway.

All samples are sent to a lab so any leak would have to come from the lab anyway.

So the first leak will be from the RNS announcement.

Maybe there are no insiders.

They did say expected early November in a previous rns so could drop at any time.

The results will hopefully show much higher gold content than the .4g to .6g a ton average.

This could make the 2 million plus ounces figure look very conservative.

At least first phase of drilling is done.

Probably not worth the cost of an rns as results expected in next few weeks.

RNS this evening.

First phase of drilling has been completed.

Results in next few weeks.

I know I shouldn't say it but glad I'm not out of this over the weekend.

Hopefully some positive news next week.

ZZzzzzzzzzzzzzzzzzzz.

I’m sure that with the news that is imminent if it is good then the share should rerate accordingly.

We have heard this over and over again.

The grades are .4 to .6g but not over the whole of the prospect.

We are hoping for higher grades hence the hiring of the grade testing ore rig.

Decimal point in the wrong place.

.11p would be more likely about £16 million mc.

Or maybe 1.1p £160 million mc.

With lots of forthcoming news in the short term hopefully our current sp will rerate accordingly.

They certainly were.

You just seem to disagree with about every post on here.

As I said no one knows what will happen here.

I will just leave it at that.