Member Info for swest42

FWIW.

Wrote a significant email to Howard at RK today and I will not elaborate. Suffice to say it contained names who need to get on record. Certain things aren't right.

FWIW

I sold out of SOLG at 33p. I considered it just too complex. I didn't, don't, see the same issue here. Trouble is 18.9 is nothing like 28p (BCN) percentage wise; 18.9 is MILES under. So something is 'off'.

Theres we sit, in the shop window.

If, if, there's nothing 'wrong' that we don't know about, then anything sub 33p would appear to be prospective. So a bargain for 20 odd pence say, to someone.

Looks like BOD are saying nowt else publicly, so any interested party would have to flush that out, if they are suitably inclined. Assore walking is not a good indicator, but it's not conclusive.

Without more hard facts who really knows. Frustrating not knowing what's gone on. An unsatisfactory, unexplained, ending in prospect.

Thanks for auction advice. Suffice to say Market sets the price, certainly not me.

Never assume anything btw, makes an arse of u n me.

I think a counter offer could happen. Fair to middling. That 6 months cluase. Noteworthy, long.

It's satire Jack.

Some interesting comments from KP on Rockstock. Howard presses KP quiet hard there, 48mins ish. Elevra had other priorities. Imo our BOD should have been more dialled into that.

With 96% unexplored tenure and nobody able to make it work at 33p having crunched the numbers to the extent they actually bid, twice, I think 18.8, no you didnt misread, not 28, 18, seems great and a counter bid unlikely.

Interesting few thoughts from you there Arok and well worded.

Avoidance of doubt I hold a sliver, no than that, of a new deal. I'm a brutal realist.

I would just add that the market ever changes. funds move about. I think the iron was hot a few times. I think it was with KP when PLL first signed up. Then Ghana took absolutely ages, then theres an imbued expectation everything just starts when they ratify. PLL had moved on immeasurably, no longer existed even. Money was reallocated. Elevra aren't ready to move; in swoops someone with readies 'now', yes on the cheap. I did think Assore would defend having offered 33p, but again, that was a while back, maybe they have better options 'now' elsewhere, maybe they dont have 33p anymore. Funds are eternally, globally, agile. Timing is everything. Ultimately I believe Ghana 'undid' us. This is the bit where BOD criticised for not having plan B, but rat was 2 years with no end in sight. How do you plan for their unpredictable whims ? Along with many others, I'm done with the Africa thing, too 'opaque', random, 'crazy' actually, cant plan the funding around it. ATB and lets see if the 'slither' emerges.

Thanks for that update.

We've moved beyond complete radio silence in this wholly unsatisfactory situation surrounding the ridiculous, impossibly, unfeasibly low, 18.9 valuation.

I'm a realist, deals probably gonna go through, travesty, we'll see. thanks again

You wont see an interview after that sort of 'catalyst'

All makes sense. Except that sale price!

18.8 is just mad crazy low. 33 was the floor.

Hyou could flip it that price!

25 would have been firesale, 18.8 just sounds like brown envelope territory, unethical, just plain wrong. Unless some tells me something actually bad happened to Ewoyaa that changed it, thats my view. And meanwhile Spod flies ..

Correct, no sense. Something is 'incorrect'. 18.8 in incorrect. I don't see how another entity won't move on it.

Is something materially bad has happened, state it. 'Juridictional challenges' is just 'for the birds', meaningless.

The AISC is sub 700 with feldspar. Hugely attractive. spods 3k. 18.8 is openly nonsense. And all the licenses chucked in... really?

Let's run with the 350mill. I'd argue still doesn't value exploaration upside but not spilt hairs.

In life, can you gift something away half price and creep away, noone will notice?

The grumblings are starting to emerge as people truly digest those numbers. Bidders will and have. 18. 8 is openly a farce.

Way back, NH said spod 3000 was 'bonanza time' for such a simple build as Ewoyaa. Tides out Neil, spods near as dammit 3k, explain yourself whats changed.

IMO theres unfinished business to happen here.

You seem confident of a 'new funding structure' with Elevra, and that arbitration, and litigation, won't happen.

It's known Ewoyaa is not priority for Elevra.

Optimistic, your view that's fine. I think we don't seem to have a plan B, and our client, Ghana, wants shovels.

I'm concerned rather than optimistic presently. Something needs to happen funding wise PDQ. We've had 2years to work it out.

Tend to agree. These are the quarterly's. Compliance, no more no less.

Not to be conflated with any other particular news event. When we have a news event, we will have an RNS to that effect.

Decent T/O, or someone with the readies .. either. Dont let this drift into rat2.0 KM/ BOD.

PS dont think it will.

I'd have to ask you to justify that sub 14, and thats coming from someone (me) whose been critical here bourne of frustration

Spods flying, demand flying, rat done, tenures unexplored, AISC sub700!

CORE have reopened Finnis and originally the AISC was 1500 per tonne(!) We are MILES down the cost curve. Ewoyaa is a low hanging peach

you are entitled to an opinion, and you are no fool, but just saying, sub 14p? I think its amazing we've sub 25. LS are 2/3 through, when finished this will lift, I just cant see why you are prophesizing sub14? Its on sale right now, look at the value, Assore and others will and are.

PS Elevra need to pay up or exit. No hard feelings just business. We need to get going. I'm looking to you now Keith Muller.

'This disconnect between reality and the share price'

I was about to write exactly the same, you beat me to it, just.

Very very strange indeed. Cant continue for much longer. We're post rat, spod flying, demand flying. 15p, really ??

Concur. I think straightforward few words sum it up here presently.

I don't it'll be too long now. The market is strong, liquidity is beginning to flow once more. With rat done I don't think we'll have long to wait. Many parties are aligned, those Chiefs for example, want to get going, Keith M is ops based, he will. Its the money now, FID; never discounting all out T/O of course.

Picking on a few points raised Jack.

Fatigued. Tick.

No longer at the mercy of the Chamber. Massive.

Glad you have little doubt about 40p. I among many many many others had little doubt we'd be 25 plus post rat. Here we are yet again sub 15, whilst KOD are built and shipping gear.

Closing remarks, the market is now so overwhelmingly positive lead by BESS and the BOD are so remarkably quiet I happen to think big news will land soon.

The LS raise has taken the sheen off rat massively. They're around half way through very roughly. The 14.6 anchor will lift.

I'm conflicted here, reflected in the above. Potential ? absolutely. crikey the tenures barely drilled. BUT. we have to start performing in this life not the next. Sit, wait. Fatigue. GL

Agree rat was relatively recent, however I happen to know I'm not alone in thinking some comms would be in order to promote our recent de risk event.

I fully appreciate the moving parts and anything of that nature just say so ' cant comment at this sensitive stage'.

Mr Muller .. rats done, 'seismic' imo; Time to hear from you Sir please, leaders Lead, outlining the next Act, or 'options thereof'. Interactive interview a good place to start.