Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

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21/08/23

21:57

Post #: 69464815
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Originally posted by Jrowl1: ↑

So Phil has experience creating projects in Africa and that is why he was chosen as CEO. He has hired an exploration manager with a PhD and he is going to create a report which will decide the of the focus of the exploration assets.

I am not really interested in the results of the auger, the appointment of an exploration manager is the highlight for me.

For a successful exploration company, you need good ground and smart people and the appointment will really help A1G to move forward and help Phil to take some of the work off his plate.

It is in Africa, drilling and finding resources can be very cheap compared to Australia so your CR dollars go a lot further with more chance of luck, with an exploration company, investors have to give money to the company to keep it afloat, in the current economic environment why would ahnyone put any money into A1G when you can get 5% return by having an Orange everyday savings account. No it does not make sense at the current time so anyone investing is nuts unless they are a real goldnut.

I will leave with this.

"Appointment of Exploration Manager

African Gold is also pleased to announce the appointment of Dr Richard Tomlinson, Ph.D. as ExplorationManager of African Gold.Dr Tomlinson has lived in Abidjan for the past 7 years and worked in senior geological exploration roles acrossWest Africa since 2010. In the past seven years he has worked in senior geological exploration roles in Mali,Sudan, **on, Guinea and Cote d’Ivoire.Dr Tomlinson’s focus will be to drive the advancement of the Company’s projects in Cote d’Ivoire and Mali, witha particular focus on delivering the maiden resource on African Gold’s flagship Didievi Project, Cote d’Ivoire.Hehas also commenced a detailed review of the Company’s other projects in Cote d’Ivoire and Mali and theoutcomes of the review will drive the Company’s exploration strategy in the coming months."

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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

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