Member Info for topsharepicks

outweigh sells and the chunky buys telling me something looks good

Guys does anyone know what EDL are selling their coal for and what the costs are?

My guesstimate is low but also yours may differ I’m only using a rough yardstick based on charts

They need luck and oil from here

Yep

They could use diamond tailing drill method

RC reverse circulation drill to target depth much faster and cheaper then diamond core drill into target.

That said rock hardness and type will determine and ground terrain over difficult terrain and larger distance prob makes sense to continue diamond for now as the intact core from foams drill sheds valuable information than RC drill which created bags of rock chip samples

I guess until they drill more only the drillers and geologist will decide what’s best methodology

Either way there underway and could be a fantastic summer drill and company making year.

Not forgetting great financially for long term shareholders

Yes bang on

Assume £150 per meter since they’re fairly shallow = approx £1 million cost of drill plus assay costs and sundry say max £1.5 million

Be fantastic if they can secure gold asset sale soon

Holding well today really like an update later this week on hole 3 but not fussed.

Overall be better to drill several more then announce to give a broader view

Happy to be here roll on

If they get 3 out of 3 yes 35p

If 2 out of 3 25p

If 1 out of 3 15p

If all three duster 3p

Odds are looking good for decent upside imo

remember 2017 that rise from 8p to 35p in months that was amazing.

Two spuds any day suspect the RNS is being drafted this could be a stunning next few months for MATD holders

this month lets hope they get some bangers to go with them

rising today and link to CASA sale?

http://www.arcminerals.com/news/media-and-press/default.aspx

Several large miners NDA's talks on going ………………. ect ect ect going to lift off soon IMO

· Third hole drilled 200 meters south shows significant mineralisation
· Both rigs have now been deployed at Cheyeza East

So guess were drilling 4 and 5 holes now????????

those cores must be showing something to those on the ground

STILL BUYS COMING THROUGH

nm

thx muir

blood you silly sod ………………. but thats bloody hilarious :)))

here come the real buys!!! RNS today very possible imo

JDA is so close imo

boy its dragging BUT MUST BE VERRRRYYY CLOSE NOW:
29th April 2019
Non-Executive Chairman, Michael Haworth, commented:
"Significant progress has been made on the JDA over the last month with alignment being reached on a majority of the commercial points. The final JDA draft is expected at any moment and the Company asks for investor patience during these closing stages. At this time, no material delays in signing the JDA are expected. The Company's successful attendance as part of the Mozambican Government delegation in China for the Second Belt and Road Forum for International Cooperation provided an opportunity to raise the profile of the Project and provide the Company's strategic partners with further support and comfort from government."