Hey everyone.Quite times at the moment but who feels like we are going to get a nice little surprise in the next few months?To see the funds buying and retail selling is always a good sign just before the fun begins. Hope everyone has their fill.Alan has said publicly several times that the drill will be spinning by the end of June.Happy for them to get this first pass right.I'm sure we will see an uplift in SP before the drill turns. I'm predicting a big 6 months with the hope of a JORC by the end of the year. Save this post.I thought I would outlay a few points that may catch the eyes of someone new having a browse and to help them see the huge upside we all see.Great stuff in the Research thread to revert back too. Especially the history of our in country management.
- Market cap only 14M
- Less than 290 Million SOI
- No debt, 2M+ in the kitty
- Drilling spinning by the end of June
- Acquired, 1145m2, excluding the pending Ruiza application.
- Acquired BHP's data, saving us years of time.
- Have a quality team in place including Steven Burke who wasgeologist for Kibaran.
- Exercisable options on the 10 day Vwap 0.12c adding an additional $1M.
- A team with 30 years in country experience.
- Management being paid in shares.
- Management buying on Market.
- Management incentives @ 10c SP
- Ausbil a Billion $ fund participated at the last raise @4c
- RAAR capital top 20, Alan Ritchie our CEO is the CEO of Raar.
- Peter Proksa Top 20.
Pending news flow;
- Ruiza tenement application approved.
- Results of the recently completed geological / geochemical mapping surveys.
- Ground EM group to be deployed.
- Results of targeted area EM surveys.
- Drilling commencement.
- Continued ground and EM surveys on our other tenements.
- 1st pass drill results. (Kabanga Main #2)
Looking forward to the next few months, have a great day everyone.
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Mkt cap ! $4.572M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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30 | 16448448 | 0.4¢ |
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0.5¢ | 3002948 | 4 |
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13 | 9154333 | 0.003 |
6 | 5150000 | 0.002 |
4 | 8500000 | 0.001 |
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0.006 | 12726281 | 17 |
0.007 | 13085896 | 10 |
0.008 | 4856666 | 10 |
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