Member Info for Womo

Anyone know the Bhukia PL licence application number so that I can keep track of any update? Thanks in advance Womo.

Its staggering and still nobody knows how big - Open Open Open - Its mind boggling.

Also make sure you read the separate Analyst Insight – provided by Independent Investment Research in dark background at bottom of page.
https://www.weare121.com/121mininginvestment-cape-town/client/moydow-resources/

Moydow attending, and below is a link to their rationale for attending the event. This is really worth a read, escpecially their 3/6/12 month timelines for the projects stated by their CEO Brian Kiernan. Moydow Holdings will be giving a Corporate Presentation. Note:- Some companies have already uploaded their Corporate Presentation but Moydow and a few others still to provide.
https://www.weare121.com/121mininginvestment-cape-town/client/moydow-resources/

Hi All -
Finding it really difficult to get any more info on Moydow other than their website. Didn't receive a corporate update on last request so have sent in another today.
I do like the Paimasa project where Moydow can earn up to 65% of the project (currently 20%) and they are partnering with P.W. Nigeria LTD who are providing all the heavy equiment & know how. PW website is a bit more detailed.
Drill results from this project expected Q1 - so not long to wait.

Prime - You made a statement without understanding all the facts. Its all in the RNS's if you care to read.

Prime, Oh ye of short memory - ICL was funding the company at a cost of 10p per share earlier in 2020 when the sp was alot less than 10p. When the company really needed the money to take the company forward at pace ICL put up the funds.
I suppose DEV could of gone for death spiral funding - Uh! No Thanks.

Thanks ejt - Kalaka to Moydow now added to my list. Will post list occasionally.

Better change your socks then!

The two BIG Hits IMO
Bhukia - 5th Feb
Paimasa drill results - Q1

Bhukia – Next court case 5th February.
Kalaka - Line cutting in preparation for IP Survey is approximately 70% complete. First results from IP Surveyare expected to be received in early February.
Bassala – Results from 450 soil samples due mid to end Feb.
• The ground magnetic survey has been completed but final analysis and reporting is awaited.
Bido – 906 soil samples taken with results expected mid to late February.
Paimasa in Nigeria – First pass drilling results expected Q1.
Labola – Drilling programme to commence Q1.

Maybe the company is changing that quickly that a prospectus is out of date as soon as issued. Things happening very quickly here.

I really can't see why all the negative vibes on todays RNS. Has everyone actually read it and the PDF version? if so then I don't know what you expected at this stage.
PAT have divested or will divest all west African assets to Moydow and that was the only way that PAT could progress its assest in WA. The company has far too many assets to go it alone and also why MB was brought into the company last March (only 9 months ago).
Since then all projects are now moving forward. Read the RNS again and take in all that is going on and all the potential news that is due in Q1. Go on! Read! and write it down line by line.
I didn't invest here on the back of Bhukia..... so if that comes good then so be it. Jewel in the Crown.

Good update with good potential news.
Looks like we may be held in this range so for a while until later in Q1. Unless goods news from Bhukia and then Blast off.

PAT will receive the following this month:-
If the transfer of Panthera's interest in Kalaka to Moydow completes on or before 31 January 2021 (previously 14 January 2021), or such other date as agreed, Moydow will settle the remainder of the deferred consideration (US$60,000) and refund to Panthera the 2H 2020 historical costs on Kalaka forecast at US$115,000 at completion.
Plus
Highlights
· An additional 1,777,935 warrants to be exercised early for proceeds of £118,766 at an exercise price of 6.68 pence per warrant on or before 15 January 2021
· 1,438,289 shares issued to date pursuant to warrant conversions, with a further 360,055 warrants to be exercised shortly
· Total early warrant conversion commitments now comprise 3,576,279 warrants for £238,895
· Proceeds will accelerate our planned work programmes in West Africa.
So some funding has come in with moydow transactions a.s.a.p. - so should be ok for a while.
However, this is a junior exploration company that may hit the big time very soon and further funding may be needed.
One shouldn't be invested here if you are not expecting a fundraise.

Yes news due Prof.
Project overview before end of month.
Labola work programme.
Bido probably Feb
Confirmation warrants called in.
Full project overview

Funding - PAT are receiving money from Moydow and calling in warrants so some funding coming in.
I am certain there will need to be further funding requirement (placing) to fund PAT exploration/drilling programmes into 2021 and this is to be expected. But on speaking to MB with his financial background is very aware that death spirral funding is not the way to go.
So will PAT need funding - of course they will.

Its quite easy to see really. Very few shares in free float means that the sp can be very volatile (so it works boths ways).
There has been no new news apart from a further delay to Bhukia which was a 50/50 guess. But the mm's, traders, shorters will jump on anything to get/trade shares for profit.
GGP down 20% yesterday - check today! its the way the markets work.
This is an early stage exploration company what do you expect.

This will be back above 30p before Friday. Just MM's deep diving for shares.

50m shares at 25p.