Member Info for viable

Can't make it but hoping to listen to any recording put up on the website.
Although something of a waiting game I plan to be a LTH, notwithstanding any small reversals.
Have also reflected on energy supply as none too confident on Kariba (or CaboraBassa?) reliability.
Will CHAR again come into the frame?

There will almost certainly be a positive result - flowrates end-April - from the three multi-frack laterals. How good remains to be seen but 3,000 boepd from all producing interests seems reasonable. If achieved by Q2 it will act as a springboard to the next generation of 2 -3 km horizontals.

Have been rooted here since 25p - 26p days with final addition @ 36.5p.

Have left JSE intact, although it's paper valuation is steadily shrinking - and look forward to a spot of PB elan. WhiteTundra.ca will, I believe, be promoting its case in early April which should improve Canadian/USA interest.

In the meantime I have profitably filled in gaps in the p/f with CHAR and HMI (amongst others). There is massive upside in both. None of us can have grounds for complacency and it takes time to learn the ropes. One very useful tip acquired from Paul Blakeley is to adhere to certain criteria even when tempted to embark elsewhere . . . e.g. I was considering taking on a lump of KRS last week because of its mineralisation credentials.

One small point learnt is where possible to establish lines of communication with well-endowed enterprises emerging from the pack. They answer enquiries put to them.

For anyone who has it L2 must have been quite interesting in the past hour.
Have at last taken up a few today which should keep me satisfied.

Correction. Perhaps that figure should be amended to 20p.
Pleased for the LTHs who have been here for years!

In all likelihood some of the critics will quieten when we cross 17p . . . and it's not that far off.

https://www.khplant.co.za/blog/article/south-africa%e2%80%99s-biggest-open-pit-mines?msclkid=1d4d1f79af9011ec9f25675086c310bf

I have seen most of the above. With the latest information on up to seven camps in Siaya County one starts to wonder on the scale of just what Yuri is getting at. He certainly is familiar with the the east Canadian greenstone site equivalents.

"Ramula Region currently holds 7 high priority targets including Ramula, Miruka, Anomaly
22, Ramba-Lumba, Aila, Masumbi, and the former colonial mine Kiboko, all within 1-20
km of Ramula target"

Until today I have not spent enough time examining all information content primarily because of no intention to change the holding (which is probably considerably smaller than most here). EZ has filled in several gaps this year and the detail is convincing. Perhaps we have given it insufficient attention.

Ramula barring the awkward resettlement (and terms) of affected families is likely to be a more straightforward (concentrated) open-pit operation than Singida with higher yields. Until block-caving or tunnelling there is absolutely no need to engage with Barrick or a.n.other. Acacia/Barrick came unstuck in WK because they didn't have adequate foresight or grit.

https://shantagold.com/_resources/West%20Kenya%20-%20Ramula%20Resource%20Announcement.pdf

Perhaps a few of us are looking at KRS in depth for the first time. Having run my eye over Diamond Creek and Nayéga it all looks quite compelling until being tripped up by 6bn shares, etc. The bottom line is: Ignore some glaring defects and throw £2k at it hoping for the best?

Similarly, i.e. related organic fertilisers, I took up a fair sum of HMI (adding twice) but decided to look around for a running mate. I take it there have been no follow-up comms since Dec 2021 with Twitter drying up in July 21.

I note similar sentiments @ 16:37.

I suggest there is no reason for anyone being too disheartened by the SP afternoon slump:
a) the Russian economy is likely to be in ruins for several years to come;
b) Brazilian agricultural authorities will now be fully aware of self-reliance and food security;
c) mainly traders who have pulled the plug today.

"We want to build a mine".
Eric said it three times (in case anyone missed it).
Because of lighter population density Ramula might become the preferred first WK destination.
The site/location looks compact.
And the war chest should be quite full in 2023.

https://presentations.investormeetcompany.com/investor-meet-company/SHANTA-GOLD-LIMITED-West-Kenya-Update?bmid=0c694f8791e3

I hadn't listened to the above until last night relying instead on my sketchy Ramula knowledge. Having now done so I shall be adding quite heavily in the next two months when not chasing up stuff in Brazil and the Mississippian . . . all preparatory to 2023-2025.

It is noted that Eric made at east two references to Yuri and Bushi/Isulu plus Ramula camps. Quite understandable as the positive results continue to a 1.3 - 1.5m oz resource. Yuri probably thinks there is a minimum 3m ozs in the ground across the existing acreage. And perhaps by tracking informal mining activity across to Busia and 70 km NNW many more locations are going to emerge.

As previously mentioned I am interested to learn how EZ negotiates his travelling because the distances and conditions are quite demanding. Unfortunately I do not have his email address; perhaps he can fill us in at some point.

Despite having received a couple of replies they are no more than my own meanderings. In a final analysis there are no better projections than the boepd, etc guidelines provided in the March presentation. If accomplished the company is well set for its next generation multi-frack laterals.

Seav - I had a look at EOG - not for the first time - but steered clear for the present. My general investment rule is to abide by Paul Blakeley's (JSE) principles. Your post did, however, prompt a look at CHAR (initially Morocco) but then their ambitions in southern Africa have merit. So I took up a few but some of the temptation was not having any renewables to date.

SOUC doesn't have an aura about it at present, but perceptions will quickly change if/when the 19-3 pad hits the mark.

Depending on BMcM's future plans I wouldn't want to put a cap on near-term SP. And I abandon all thoughts of top-slicing.

Reviewing the "new" CHAR. Was in here a long time ago when they were drilling off WalvisBaai. Came a bit unstuck there, losing a few bob.

It now looks a far more solid operation, particularly following diversification. Further inroads can be made in SA, Zam and Zim. Another installation is anticipated with THS.

Yes, he certainly is. Possibly he can add a few lines on an impending Russian civil war and likely consequences. Because that's how I'm beginning to see it.

https://diariolaregion.com/web/autoridades-del-puinahua-piden-que-gobierno-se-mantenga-firme/

Seav- I am not a geologist and therefore not an authority on the subject. There are pointers to the way forward:

a) the field is multi-stacked and as happened in the Bakken more than a single horizon will be found;
b) horizontals, I understand, in Jefferson-Davis have merely been 3- and 4-fracked to date:
c) Gwinville S18 and S19 will be multi-perforated (number unknown) over 1+ km each;
d) later horizontals will be ~2 km;
e) the vertical well in one section has yielded 0.3 Bcf. The current batch drills will produce considerably more;
f) the boys in the City have been following closely since AIM listing;
g) consolidation on the TSX pre-AIM limits number of shares floating around; and
h) SOUC has extended its area of interest into southern OK, which has potential.

By a stroke of luck I managed to snaffle another 5,700 @ 36.5p. Totally unexpected.
W.r.t. others, I have a fair number of IOG, SQZ and DELT. The last is somewhat blind but the premise is Cairn or Shell will get stuck into Pensacola quite soon. KIST was temporary (exiting @ £4.46). Still unsure on that one. Dependent on batch drilling success SOUC could quite easily become my biggest gas holding. Finding time to write to US and Canadian contacts is difficult at present but I do have one guy in Vancouver who is making enquiries.

o/t - An area of expertise, if you want a recommendation, is fertilisers, phosphates and related minerals. If inclined take up a few HMI for 6 months and see if they can reach £1. Brian McM is no mug.

37p v 39p = a high
Barring new information I shall not monopolise the bb.
The company is well set for growth this year.