Member Info for viable

re: VAT - To give her credit Mama Samia must be calling the shots in Dodoma.
Remembering the tiring drive it was always a relief to get into Mbeya.
Not exactly home-from-home though.
I suppose EZ uses the NLGM bumpy 1 km airstrip when needs be, although he will be covered in dust.

Good. Looks as though a couple more funds are climbing on board.
Hope Phoenix is in there somewhere.

Thanks, M33. I always wrestle with the science and can see why I'll never make the grade.

Straight talk. Always found Canadians in Toronto and Vancouver upfront in business.
Tanz was a tough jurisdiction in which to work.
Hope it's slightly easier these days.

Many thanks, LSE admin.

Yuri has probably already expressed an opinion.
~100 m to go before linking up with the reef.
~ 3 m per day. One month's grind.
MicroMine's model seems to have disappeared from their case studies.
Fairly sure it demonstrated the pinch-out and fault.

I see we are awaiting a mining licence at Lupa.

As the word has now appeared twice is it a recognised new term?
The 100k buys this morning plus yesterday's late rush indicate something is in the wind.

Fascinating possibilities here. Near term prospects look excellent provided Castillo et al. use their heads. The detail in the RNS was exceptional even down to setting $20m aside for an acquisition (presumably an established light oil producer).
. . . contemplating add-ons.

Brent doing OK . . . and after two days of mayhem am relieved to see blue on all stocks.
Nerves of steel required.
I'd go crazy watching the market all day.

https://www.sharecast.com/news/aim-bulletin/victoria-oil-gas-aim-risers-markets-news--614967.html

@ 16:40 - Casting my mind back . . . VOG made a right meal of pipe laying in Doula although it had to go under a tidal river. Pressure testing was planned to take 10 days but I seem to remember it took a month. Noting the pipe gauge of 400 mm under the Wouri are we on a similar metric?

It dragged on far too long. Hope the Lima right factions quieten down.

Good RNS. The term "constrained" had a nice ring to it.
Water disposal capacity/limitations have been a concern but there was no point commenting until rectified.
Concentrating on the work front for remainder of year.
Shall therefore reduce bb. surplus.
Hope 20k bopd target is reached in quick time.

Omitted last night.
A great deal of kit is now visible around the mine site.
All added in the past year. Costs $$.

https://www.bing.com/images/search?view=detailV2&ccid=gI8y3G9p&id=7AE9D4C2E80E20E55949558172D62962B2041943&thid=OIP.gI8y3G9pIMEGwRaa2nXxywHaDt&mediaurl=https%3a%2f%2fwww.ippmedia.com%2fsites%2fdefault%2ffiles%2fstyles%2fimage660%2fpublic%2farticles%2f2020%2f02%2f06%2fShanta+Gold.jpg%3fitok%3dfpzvdEDM%26timestamp%3d1581006883&cdnurl=https%3a%2f%2fth.bing.com%2fth%2fid%2fR.808f32dc6f6920c106c1169ada75f1cb%3frik%3dQxkEsmIp1nKBVQ%26pid%3dImgRaw&exph=330&expw=660&q=shanta+gold+photo+gallery&simid=608002945007189000&FORM=IRPRST&ck=5DF734D54E7604DEF3432B2168C41F26&selectedIndex=8&ajaxhist=0&ajaxserp=0

https://www.abc-engines.com/uploads/images/Shanta-Gold_2.JPG

Added to which is the solar panel array and third mill. I presume both have come up from Germiston, Vereeniging, etc.

One consequence after today's reversal will be to spend far less time on the computer. The paper loss is not going to do a sudden about turn. On the other hand EZ notes the next WK assays will be available in one or two weeks which might improve the forum's mood.

The pinch out at NGLM seemed to be fairly clear some time back. Unfortunately its depiction detail was insufficient. MicroMine, if they are still on the scene, should have been astute enough to point out a potential drawback. It is wrong to suggest EZ/LL foresaw the problem when they offloaded; the problem only became evident when the fault was reached a couple of weeks ago.

It is understood the fault spans ~100 metres. When breached the drillers are back into the gold-bearing rock. I don't know the tunnel drilling practices on the mine. The accepted efficient method can be found on last night's 44-minute documentary link. It perfectly illustrates te slog required before gold seams are encountered. Also the extracted rock quality can be determined via means shown on the other link. Drill rods penetrate about 1.2 metres in a predetermined design pattern, followed by explosives. The better the planning the more quickly the rock can reach the surface dump. Subsequently, ignore the lower grade gold-bearing rock until later. Concentrate on the higher grades for more ounces.

Few posters have registered the depth below surface now being reached. That is the equivalent of more than half-way up Snowdon or Table Mountain.

Generally very bearish today although TXP is holding its ground for the moment. Here's hoping some real progress kicks in otherwise malaise could continue into September.

The present SP scene could quite easily quickly correct itself. Agreed, increased AISCs was the biggest downer but we may find a fair amount of infrastructure has been added to the NGLM site. EZ's 5-year plan later to day could act as a catalyst.
(Off to do a spot of work to help balance the books.)

https://billionaires.africa/tanzanian-mogul-ketan-patels-stake-in-shanta-gold-surges-by-3-14-million/

Have been following KP's actions quite closely.
He certainly would have known about temporar grade slump.
He is a well-known figure in Tanz.
Follow the money, as they say.
Think there is a fair amount about him on the web.
John Leslie is added to the list.

Disappointing. Sticking with it. The dust will settle at some point. New buyers will be piling in all day. A very lucky opportunity for all of them.

https://www.bing.com/videos/search?q=Gold+Mine+Documentary&&view=detail&mid=2BFD3EC27D16CE927FEB2BFD3EC27D16CE927FEB&&FORM=VRDGAR&ru=%2Fvideos%2Fsearch%3Fq%3DGold%2BMine%2BDocumentary%26Form%3DVDRSCL%26%3D0

Great vid documentary
Now deeper than I thought possible
The ground shudders nearly every day in the Triangle

https://www.uniforumtz.com/opportunities-shanta-mining-company-limited/
Above posts probably filled by now.
Expansion under way at NGLM.

Drill depth in Bushi/Isulu to date is only 600 metres

WK with those grades becomes more encouraging by the day.
There is considerable open-pit info on the Evolution/Cowal website.
Stuff previously unknown.

https://www.google.co.uk/maps/place/33%C2%B038'16.6%22S+147%C2%B024'23.2%22E/@-33.6379255,147.4042473,653m/data=!3m2!1e3!4b1!4m14!1m7!3m6!1s0x6b1bb9cd3770693b:0x2a0609b4d1dfdf50!2sLake+Cowal!3b1!8m2!3d-33.6045093!4d147.4401006!3m5!1s0x0:0x0!7e2!8m2!3d-33.6379295!4d147.4064363
(See satellite image - use all coordinates)

Grades
https://www.asx.com.au/asxpdf/20200723/pdf/44krqr8dnbcx0j.pdf

How to do it
https://www.bing.com/videos/search?q=cowal+gold+mine+grades&docid=608028061970484325&mid=E7EC3800372E3EC04B80E7EC3800372E3EC04B80&view=detail&FORM=VIRE

sic - extension
and targets