Member Info for viable

Noted. Certainly better times at last.
Seven loads of 17k over 6 consecutive days in convoy heading downstream (plus sequence end Feb). Therefore perhaps a dozen in the train. Should the trend continue we'll get a fair idea on number of drive units on the river.

https://nation.africa/kenya/counties/vihiga/gold-miners-face-sh5m-fines-for-lack-of-licences-4150048

We get a mention in the report.
Much needed controls are being enforced.
Informal mining numbers exceed 80,000.

https://shantagold.com/_resources/Ramula%20Pres%2022Feb2023.pdf
( . . . trying to decide if map reflects all 'seven' licences. Ramula assays at greater depth can't come soon enough if there is a deep-dive rig onsite.)

Because of long-term intentions and limpalong ONP it seemed a good idea to check out river constraints and future planning. Results:

a) Iquitos has a $100m dredging/development initiative in order to receive larger vessels;

b) the naval yard's twelfth barge does not satisfy turnaround requirements although it fulfils a role;
https://www.petroperu.com.pe/english/petroperu-puts-into-operation-a-new-barge-that-will-transport-fuel-by-rivers-of-the-amazon
it is however one of two designs and capacity;

c) there is a section in the following video showing examples of detached design and workhorse drive (tug) units essential for fast turnround. The earlier Novum fixed hull design did not permit this flexibility.
https://www.petroperu.com.pe/english/petroperu-puts-into-operation-a-new-barge-that-will-transport-fuel-by-rivers-of-the-amazon

d) 17k average for first two days of March https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos

https://www.morningstar.com/stocks/xlon/shg/ownership

Looks as though a handful of European instis have a greater appetite for SHG than our local brethren at present.

i3E, PTAL and SOUC should all perform nicely next week.

https://markets.ft.com/data/commodities/tearsheet/summary?c=Natural+Gas

Has the onsite standing water evaporated ?
Production startup snags not wanted.

https://meteologix.com/tz/forecast/11006651-mangonyi/14-day-trend

EZ's first personal video, I believe. Despite the many headwinds he doesn't get much credit for lining up the most regular RNS input of all AIM companies. Persistence will be rewarded at some point.

https://www.investorschronicle.co.uk/ideas/2023/03/02/this-miner-is-now-much-more-than-a-gold-price-play/

Interesting to read that CEY is chosen as a comparator.

"My back garden" would be a bountiful area if it included Barding-Masumbi, Aila, Nairobi Hill and Viyalo granitoids. There is so much to explore in the corridor that EZ has to restrict commentary to current objectives..

If the Chinese or a.n.other offered a £ fair enough, but it is not going to happen.

And Bumbo has e,g, "2.49 Mt at 2.7% Zn, 1.21% Cu, 32.12g/t Ag, 0.28% Pb, and 0.76 g/t Au, down to depth of 250". So what value is that part of Kakamega likely to add to back garden value ?

https://www.perupetro.com.pe/wps/wcm/connect/corporativo/7318e1ef-aaa2-4c91-8313-7d2090cba5fa/Producci%C3%B3n+l%C3%ADquidos.pdf?MOD=AJPERES&liquidos

a) Barges coming back on stream as promised
b) Dina Boluarte has made her visit to iquitos today

Can we keep momentum up ?

Singida

Whilst professionally conservative out of necessity the estimate is below the figure offered by Micromine and later increased by Pivot Mining Consultants, Roodepoort. Modelling indicated 904k ozs.

"Singida’s JORC-complaint mineral resource estimate (MRE) was also re-calculated . . . The total MRE is 11.8 Mt, grading 2.38 g/t and containing 904,000 oz of gold, using a cutoff grade of 1.0 g/t. This includes a 17% increase in measured and indicated resources, totalling 5.7 Mt, grading 2.66 g/t and containing 484,000 oz of gold".

As further drilling north of Mang'onyi will reflect additional deposits the construction showpiece will almost certainly be grinding ore beyond 2030.

Ramula

Drill results from 600 metres will determine if the company is on track for two open pit ventures in the near term. Near-surface mineralisation - and its sq m concentration - may make it the more attractive startup.

(It would be a surprise if EZ and MB hadn't chatted at the CT mining indaba; Barrick would be an ideal JV partner.)

For those who would like a reference point for "600 metres" it is similar to the height of Lion's Head at 670 m:

https://anntheadventurist.com/wp-content/uploads/2019/07/Lions-Head-Cape-Town-South-Africa.jpg
(taken from India Venster)

There is a strong visible quartz vein running down the left-hand slope below the path. Other than visible granite outcrops on the Atlantic side the ground is sterile sandstone.

More than enough detail to absorb on WK and the 300 x 500 m Ramula elongate together with four nearby adjacent targets will bring further results - a surfeit of riches by 2024. Yuri is frequently applying Quebec comparisons to Liranda, which is another reason for him to be given airtime.

Lines such as "Timiskaming-style conglomerates" and "recent drilling to 600 m depth confirms mineralisation is open at depth" could do with a bit more detail. Does it mean we have already reached 600 m at Ramula!?

I will be happy when 3m oz estimate is crossed.

08:13 - Many thanks
Elke dag is 'n leerdag vir ons uItlanders.

Are you a man of Swakop/Walvisbaai/KaapKruis?
I have trawled the Namib for potential developments but have come up empty-handed unless there is scope, e.g. on known historic mine ops, all the way to Tsumeb. I live in hope, of course.

https://www.youtube.com/watch?v=3WsvIJ0TXAw

a) An inhouse commentator is best suited to comment on the situation
b) overall Bushveld outages are not best described in their link
c) Stage 6 load-shedding is reviewed above
d) Impact on field ops is unknown

a) I need to get up to speed on Pascagoula before commenting further:

https://www.google.co.uk/maps/place/30%C2%B019'20.6%22N+88%C2%B030'13.2%22W/@30.3524368,-88.5255234,8657m/data=!3m1!1e3!4m4!3m3!8m2!3d30.322382!4d-88.503663
(satellite view)

b) Freeport update:

https://www.reuters.com/business/energy/natgas-flows-freeport-lngs-texas-export-plant-jump-refinitiv-data-shows-2023-02-13/

Time for optimism.

@ 14:38 - Likely to have been movement/transfer relating to the TSX main market introduction. Not to be treated as a conventional trade.

". . . Venture Equity, together with Svetoslav Bojilov, owns or controls a total of 15,576,234 Shares, representing approximately 11.28% of the presently issued and outstanding Shares".
Bulgaria EAD now controls 11.28%.

https://www.placera.se/placera/pressmeddelanden/2023/02/17/southern-energy-venture-equity-bulgaria-ead-acquires-stake-in-southern-energy-corp.html

[I've gone quiet because of over-pushing the stock. It remains a major holding together with i3E, PTAL, SHG and THS. Also hoping my AAL pals move on the ARCM Kabompo dome.]

Yes, noted. Also read last week there is yet another splinter group stirring up what they can down at Iquitos.

Furthermore (probably because I hadn't bothered to check) it's noted that larger barges tie up at Constitucion on the Ucayali. Perhaps we may be getting closer to exploration there.

Either way, owing to advancing years, I am channelling available funds into my son's account for the next few years. If Manolo succeeds with a couple more tracts all well and good.

correction - Jem and GoldTree