Member Info for tintin35

HUGE potential!

"The positive Hawiah PEA demonstrates how far the Project has advanced after only seven months of initial drilling.

"Hawiah's copper-zinc-gold-silver mineralisation extends over 4km long and we are confident that further drilling will add substantial tonnage to the potential mining inventory. And this is only a small part of the mineralised system we have begun to assess on the Hawiah licence.

"Further drilling at Hawiah has been triggered to commence in Q4 2020 which will target extensions to the current resource and particularly to test for depth extensions of specific higher-grade zones.

"The current size of the known Hawiah mineralisation is limited only by the modest drilling completed so far. The local geology strongly indicates that the Hawiah resource will become much larger. Comparisons with similar deposits in the Arabian-Nubian Shield also indicate strong potential for Hawiah to become a much larger scale orebody.

"The Hawiah discovery already has material value. And our G&M team is excited at the likely opportunity to quickly deliver much higher value by quickly adding to the resource and generally progressing the Hawiah Project, especially when the prices for copper, zinc, gold and silver are all increasing strongly."

PE's gonna be rampin' now...….

looks bad but whole market is taking a beating today.

..could be life changing (money wise) - no sign of delays yet....

low volume but expecting a bump up this afternoon from the wouldn't want to be out of this over the weekend brigade. PEA almost certainly next week - If Saudi worth anything like £48m (and should be worth a lot more) then could double SP (fingers crossed)......

Given the sharp decline in the Company's share price the Caspian Explorer purchase price for accounting purposes based on current prices would be $4.5 million (from 25m).

Following the period under review the long planned acid treatments at Deep Wells A6 & A8 have resulted in oil flowing to the surface. Work continues to stimulate the wells to flow at commercial rates.



Depending on the outcome of these acid treatments the next deep well to receive similar acid treatment would be Deep Well 801 on the Yelemes Deep structure.

I understand what you say - but the fact is they did hold a lot of shares and they have been gradually selling them (for what ever reason). That has been a drag on this SP. They are continuing to sell more. The fact that the SP has not gone down drastically means that other investors still want this SP. The less shares Spreadex have the better (unless they suddenly want more!)

made my last top up at 2.29p a minute after the last spreadex rns - went up to 2.8p in a few days.
Just sayin'....

and spot on Simms45!

(pretty well - less than 3% now) - onwards and upwards!

could be interesting out there...

The company was established in March last year with a focus to build a portfolio of Ethiopian gold projects and has already identified numerous high-priority gold targets.

Megado has also engaged a drilling contractor to start drilling immediately post the IPO and within the fourth quarter of 2020.

Gumbley said: “Critically, Megado has a premium land position immediately along strike from Ethiopia’s only modern gold mines, Lega Dembi and Sakaro (having more than 3 million ounces of gold), covers the same fertile greenstone host rocks and structural setting, in addition to an asset located proximal to Kefi’s more than 1.5 million ounces of gold Tulu Kapi deposit.”

Hi and welcome - I did the same as you (but from my biggest investment BEM - got sick of waiting for the hopeless Swedes to make a decision). This has done really well since my investment at 1p so less good for you I guess. But we are expecting big news in the next few weeks - like any AIM company - always a big risk - delays etc. But gold is def a better investment than oil in these "uncertain times". listen to the CEO's interview and DYOR...Best of luck...

spreadex accounts for the small buys and sells - and they are tiny and above and below what you would pay/sell for. So, 4 prices then.

lol - the more he posts his negative carp the higher the SP goes - keep up the good work PE!

PEA almost certainly this week or next and possibility of funding announcement anytime now. Got to be in it to win it.....

Nice

hopefully PEA in next week or so....

good news - no more pesky buys and sells....

def losing track of this one. Interestingly can't buy at the moment (through halifax) - I think all our sells end up in Sweden somehow...back down in Sweden but at least it's got a lot more interesting. Sticking with Kefi for a few more weeks so will see how this plays out....