Member Info for willz94

We just saw $3700 on the spot!

Don't forget that stockpile will have lower ASIC too as the cost of getting it out of the ground has already happened. Gold giving 3700 a good go now.

JP morgan have been fairly accurate with their gold price forecast so far, they have 3840 for the first half of the year rising to 4250 by the end of next year … imagine the increase in dividend, share price and acceleration of projects

I’m sure there was mention of using some of their owned drill rigs for the lithium portfolio after they sure up segi resource, but I may be making that up? Honestly cannot remember.

Given the spod price appears to have bottomed and is on the way up, it could be worth progressing some exploration and get a JV partner (likely from china) on board

And that’s if we make it that far without a big boy hoovering us up, people will surely be watching the progress here over the next 12 months

Welcome back ISA! always nice o have another long term holder from pre-AIM days like myself

Https://www.youtube.com/watch?v=AZzIZAZA8HQ

26:41 he gives clarity on the increasing. he states he wants to put enough away so that he doesnt have to go to markets to raise money. they want to put away a minimum amount of money towards douta before increasing. at $3k allows this any increase in gold price they will review the treasury and increase accordingly. However, they do not want to jeopardise the projects should accelerating is needed.

With this in mind, they may want to accelerate some of ivorycoast now we know how good they are looking.

However, they may find better use for the cash right now, more licences, more drilling, who knows! but it helps segun is a holder, maybe he wants a nice big chirstmas divi!

April 8th RNS -

"Dividends will normally be paid on a quarterly basis at an amount of C$0.0125 per share each quarter, with the ability to increase the dividend amount based on the Group's cash reserves at the end of each quarter."

More cash due to higher gold price = increased dividend within 2 years

No Segun stated that that was the minimum and the policy will be reviewed in 2 years but they can increase any time within the 2 years. I havnt had time to go through and fish this out of the webinars , I will if I get some time otherwise I will ask this in the next Q&A where he will 100% confirm again that its a minimum that can be increased.

Share price wise, we are exactly where were were a week ago, i was happy with that a week ago and I am happy with that now

Think we may have found the bottom, i've topped up another batch, seemed rude not to given we are likely ending Q3 with $100m cash on hand leading into the final Q with the insane news due.

Point 2 is exciting as the average gold price has been mental.

and point 4 is going to be 30% better now given the recent change to ownership

the up coming news flow to the end of the yar is going to be extraordinary and the goldman forecast for gold of $3700 looking likely

Delay PFS then buy the remainder of the licence then release economics … I like it, must be looking extremely good. Excited for the release in q4

Not Zak Mir, Segun. Segun states they’ll dividend is a minimum and can be increased at anytime in the next 2 years

Actually if you relisten that isn't what he said, he says that is the minimum and that they were review it regularly. I havnt got time right now but ill rewatch a few webinars and interviews and find where this was said

i haven't once asked about it, because i'm not a ****** and know it is pit of dilution, hence i i told you to stick to that board.

another record q coming here with the gold price, i also wonder if any of that extra few $m on the bottom line will come to our pockets in a dividend or even a buy back given average volume has started to increase.

The idiots back, covers blown mate

Absolutely mad .. we have been discussing Ona. Private group your mental change of heart and behaviour, this now makes sense! Appologise real adw, I’ll be more observant of names in future

*Think