Member Info for TalkingSense

Blanka, Did you remove the 55m warrants that Shenyang exercise last week?

I make it c45m warrants left including the 27.7m @5p.
So 17.3m outstanding under the current SP with 11m of these held by the board and consultants to the company...
......so only 3.6m others to be exercised by non-company holders at lower than current SP.

Winter55 ….where did you get the 874m share capital figure?

Cheers All.

Can anyone remember which of the licenses was the one with 4 applicants?

I believe it is in the order of the license application expiry dates

Yes, it is possible.
Creswick could be an absolute beast of a resource.
And with Bailieston 100% owned then a huge mcap is possible.

Possible being the key word...plenty of hurdles to get over to get to that position, but we have set the hurdles up and we are leaving the blocks.

Time will tell how far the company progresses.

That's the Creswick full bag testing results from March 2020....shows the high grade potential of that license.

Winter, In the interview Craig said that they had been promised the results would be back quickly so I would expect by mid Feb for the first set.

No, None of those awarded were the ones we have applied for.
The Magic numbers for the licenses we have applied for are : 7537, 7484, 4486, 7296, 6713, 6907, 6912 & 6911

Morning all !
The obligatory repost of yesterday's interview link is below for those who have not seen it ;-)
https://www.youtube.com/watch?v=rwDNPeBq3_k

I don't care what the sp is on Friday as the real value will comes with the drilling results, a JV on Creswick or new licenses....and we could get the perfect storm of all 3 in the coming weeks/months.
Personally quite surprised we didn't test 4p today so a good opportunity to invest while this is still relatively under the radar.

I think between zero and 10m warrants left to exercise at under the current SP.
Shen' only have another 20m @ 5p...than that's it.
No more monet raises required for 2 years.

For those who cannot spare 17 minutes or be bothered to scroll down 3 pages here is a quick summary....a few others have filled in the blanks so take the time to scroll down a page or two (don't be lazy). Apologies those who have already seen this.

* Sometimes you need to drill deeper than planned as the mineralisation continues. This is happening to us now.
*We are getting promising results "Really on target"
* We have enough cash to see us to 2023 without further raises.
* Shen ($1bn company) have kept their 55m shares and have offered assistance with equipment, technical help and even "ready to build a mine". Craig has met with their CEO.
* We are going it alone on Bailieston and not looking to partner.
* Black cat within 30km of Fosterville.
* HR3 mineralisation pattern looks similar type as Fosterville.

*8 Licenses applied for with 2 of the 3 Bailieston licenses expected to be awarded shortly (that would be huge !)

Creswick
* Partner happy with technical
*Partner has great technical expertise and would look to develop the project quickly.
* "Can certainly get a deal away"
* Waiting on some info from the mining department.
* Then a few technical & legals to sort out.

So very happy with initial Bailieston results with Shen being a very supportive shareholder. Not farming out Bailieston. Enough cash in the bank for 2 years. Hopeful for 2 additional licenses to be shortly awarded. Creswick deal looks like it is progressing and likely to happen. JV partner would not hang around and would progress Creswick quickly.

One negative...lab not yet built...but hoping to get that done shortly.

Amazingly positive and a lot of newsflow to come over the coming weeks by the look of it.

As long as the partner has the financial capabilities and knowledge and ability to progress the project quickly then I am not too fussed on who it is.

In the interview Craig said the have the latest technical capabilities and experience of bringing multiple $1BN mines in to productions ...that sounds good enough for me.

Yes

https://twitter.com/StockBoxMedia/status/1356150227900764163

Punter....Meaning it's been agreed. they've just not completed the legals/technicals.
A deal is not 'done' until it's signed.

I disagree Punter.
I think a deal is agreed in principal.
just waiting for some licensing technical confirmations from the government and then it's over to the legal team.

https://twitter.com/StockBoxMedia/status/1356150227900764163

You may tell I'm a little excited !!!!!

Unbelievably positive interview:

* Sometimes you need to drill deeper than planned as the mineralisation continues. This is happening to us now.
*We are getting promising results "Really on target"
* We have enough cash to see us to 2023 without further raises.
* Shen ($1bn company) have kept their 55m shares and have offered assistance with equipment, technical help and even "ready to build a mine". Craig has met with their CEO.
* We are going it alone on Bailieston and not looking to partner.
* Black cat within 30km of Fosterville.
* HR3 mineralisation pattern looks similar type as Fosterville.

*8 Licenses applied for with 2 of the 3 Bailieston licenses expected to be awarded shortly (that would be huge !)

Creswick
* Partner happy with technical
*Partner has great technical expertise and would look to develop the project quickly.
* "Can certainly get a deal away"
* Waiting on some info from the mining department.
* Then a few technical & legals to sort out.

So very happy with initial Bailieston results with Shen being a very supportive shareholder. Not farming out Bailieston. Enough cash in the bank for 2 years. Hopeful for 2 additional licenses to be shortly awarded. Creswick deal looks like it is progressing and likely to happen. JV partner would not hang around and would progress Creswick quickly.

One negative...lab not yet built...but hoping to get that done shortly.

Amazingly positive and a lot of newsflow to come over the coming weeks by the look of it.