Member Info for Thornback

Thanks for the reply old, I personally think this is half the value of where it should be.

I still see huge upside but I think a lot of PI's have tired of the story over the years and the OO uptake up reflected this.

I'm still hopeful and still holding and hoping for some very good gas flows before the SP climbs.

Good morning old, why wouldn't TG want to see the share price reflecting the Project's position?

I definitely agree with your thoughts regarding the lack of promoting the Project Whizz, it's very frustrating.

I've said it many times that the SP being low can only benefit the buyer.

Maybe the BoD are comfortable with the SP being where it is and will just let it take care of itself, who knows.

Https://twitter.com/AsiametTweets/status/1683718987849379843

I think it's OK tbh Winni but I guess it's open to interpretation and that will always a problem for the SP.

I guess it's just how you read between the lines which we shouldn't have to.

Lesedi 6 drilling has completed, so we are ready to, or have possibly already started dewatering.

I see the Substation design changes allowing for 25mw immediately and I also see Orapa still being an option for Mamba, but maybe I'm just feeling positive today

Tbf Whizz the slip against the TL Scope isn't a great concern to me as it's not on the Critical Path.

I do think anything negative will make people lose interest as it's been a long time a lot of us have been here.

A few pointers I picked up.

• Lesedi 6 Drilling is now complete

• A further core hole /has commenced – Lesedi 7 site

• TL Construction is behind schedule but is not on the Critical Path

• No mention of Solar or Hydrogen

• Assessment of Substation design to facilitate beyond 10MW (indicating a confidence in Gas Flow possibly?)

• Mamba envisioned to be a separate Project from Lesedi

The last 2 bullet points being interesting and more info would be good on the company thoughts on these;

How much beyond 10MW could they pull with alternative Substations?

And how will gas be transported from Mamba – Is Orapa still an option? I remember Brad saying he believed it to be 145km from Mamba.

Is the CEO buying more?

I honestly did Whizzer and I'm hoping it still might be but I agree we are not receiving enough info.

The Company is doing nothing to promote the Project and as I've said it before the low SP only benefits buyers and share buybacks and one of them is definitely not going to happen. I honestly think they are happy with the SP where it is.

I would also imagine the good Doctor and the BPOPF are much more up to date with every aspect.

Come on BoD give us some info;

Is the Lesedi 6 drill complete yet.?

How are the negotiations with the BPOPF going with regards to the USD 5M.?

It does vizhy, we need the Maria sale to get completed.

Extensions everywhere..!

Agreed Winni, higher flow rates equals less pods needed and less funds required.

I would like the BPOPF deal to be completed but maybe they want concrete evidence of the flow rates, who knows.

It's still very slow going whatever's happening behind the scenes and the comms still aren't often enough for me.

Don't forget that the BoD are in discussions with the BPOPF for USD 5M and the BPOPF will want it at around the 2p mark IMO.

We need the funds and good flow rates before we start to move up IMO

Https://www.bbc.co.uk/news/science-environment-66043485

Hopefully the catalyst for copper demand

Hi Winni, I've had a response to some questions I asked the company;

* L6 Drilling should be complete in the coming weeks.

* Dewatering to commence in July and Indicative flow rates received in the next 2 to 3 months.

* The take up was in line with what the company expected (A$7m)

* Discussions with BPOPF ongoing for $5m USD.

* New Investors looking to get involved.

Hope this helps mate.

Cheers loadsamoneeeey.

Does any know when the remainder of 2023 will be detailed in terms of next drills in Egypt by the BOD?

Cheers

Old, they are trying to secure an additional $5m with the pension fund.

If they knew the flow rates why not let people know, if they are good then they would have received a better OO outcome, if they aren't as good then the Doc is taking a gamble too, is he a gambler, I wouldn't think so.

Project Info is still not transparent enough just yet IMO.

Do me a favour Brad, please don't quote me as being a reason everyone could lose every penny when investing in a company, the decision to buy was yours and yours alone.

Over and out.....

A very fair post Winni and one I agree with. I'm not sure about Brad's No 5 comment, I certainly don't feel ashamed for not taking part in the OO.

I would have sold at 2.05p and took up my entitlement if the opportunity arose but it didn't and I wasn't in the position to add with new money and I wouldn't have done if I were. It's about time the LTH little people got a return if only a small one.

Anyway let's see what the BOD can do with this, IMO we LTH's are the ones who need rewarding for our patience and support for all these years. I was hoping for monthly reports with pictures against the TL Scope so we could monitor the Project, so BOD, please provide more transparency, more promotion and more progress.

I don't recall GG smoothing any red tape DtE but that might be down to my age lol.

The only interview I saw him appear in was a car crash, business suicide, and he's never been rolled out since.