Member Info for Yezzerrr

If AA chose to cover the cost of the assay would the results then full under the exclusivity agreement? Would we need to be told?

Spot on peggy. The AA RNS becomes absolutely menial without substance via follow up news on drilling.

2 of his companies are in JV's. One Rio Tinto one with AA

Other companies in the area are getting assays out. I fear you're right about AA controlling things.

"more time but very much on track" my idea of on track is very different considering we're 2 months away from rainy season. Our asset is not getting proved up very swiftly. I guess we will arrive at the station shortly however. Whether you're invested in the asset or the AA agreement the assay timeline is tragic.

Eimja VC basically admits they have the assay results from Muswema, conference call @ 17 minutes.

No news on Friday and I will be adding another 2.5m to that.

You presume correctly. So you believe they will drag this out till the end giving more time to prove up resources and increase the value of the asset? Less time also means more opportunity for competition to step in. All that being said we can't get drill result out let alone prove up any asset. I would love to be proven wrong and make some money but the assay results being kept from us stinks. How can any deal be judged as fair value without knowing what we've found? Why if they are being kept back should AAL be privy to them when we own the company? Why if they're good results should they not be made public this would increase share holder value as NVS said he wanted? These are genuine questions to you guys and not just me being grumpy. I've been burnt before and this is starting to look similar

The 7-10 day update is now 70-100 days late. The only positive I've seen recently in the picture of the snake from VC's tent. Atleast he is still out there working on site rather than in the office looking for another synonym to shortly/imminently.

They would rush to make an offer if our drilling results were good. Why? The more decent cores that come out of the ground the more they would have to pay. This radio silence and lack of results shouldn't be making people happy its bizarre. Have you ever known anyone with good news to keep it quiet?

I've personally never been in an active explorer where slow news is a good thing... I hope I'm wrong. If we have results they need to be released, we own the land not AA.

Looking around other companies aren't struggling to get assay results in Africa. Something smells off. No need by next week and I'm out.

Soil samples coming back will add 20% I believe. AA have paid for them they wanted them and positive results will add to their interest in the ground which will make a transaction more likely.

Although no money changed hands for the exclusivity agreement there might be a clause that AA have to spend X amount on assay/drilling/consulting.

Slightly suspicious that the soil samples are being processed so much quicker than the drilling assay. I know these are 2 different labs but the turn around cant be so different surely?

Mindless optimism. Sirius had a really good asset once worth millions a year with offload agreements. I think they're now trading at £5 should be £6 by monday.

Even with out drill results we could have news on how many holes have been drilled, the depth, the location whether they are mobilising more rigs as was mentioned in the last CC, length of delays at lab, any casa update? There is till plenty to talk about besides AA.

An operational update is well overdue now. Waiting for Jam tomorrow is brilliant, but I want to know about today.
Anyone in email contact with NVS possibly give him a nudge. So much for monthly conference calls.

Sh123 ps never come out with a coherent argument to shut you down? Are you having a laugh? You still haven't told us where the circa 60m needed for first gas is coming from( bond, tax and infrastructure) .

Spot on trellis. I swirled some tea leaves today. Graham has got the bond restructured, funding all the way to pipeline completion and the tax office of Morocco got it wrong.. who would have known! Not sure I should share this as it could be constituted as insider trading but the tea leaves also said £1 by next year.