RE:RE:RE:Fun with numbersI can see this has been an active board over the weekend. Judging by some of the posts it looks like the village idiot Treetroll has been posting again. You might want to ignore that moron as he typically posts nonsense. He was probably the one that brought up SWA.
Welcome to the board Spence. Your time of arrival is interesting. Even if you are a paid pumper though what you're posting is based on 43-101 documented data. Also interesting you raised the coarse gold or "nugget" effect as that topic hasn't come up in awhile. That phenomena was also documented back when they still had a bulk sample pilot plant at the site.
Trekie, no offense, but I think you're high on your reserve estimate but I'm aligned with Spence's estimate. I'm hoping for 800,000 oz+ reserve and an increase in the resource to 3MM oz or so give or take a couple hundred thousand. A lot of newbies on the board won't know that the original PEA did have a resource of over 3MM oz but it was cut back in the FS to be more conservative. AGG's old head geologist, Pierre Lalonde, who was a respected West Africa gold guy and former chief geo at Iamgold if I recall correctly, was on the record as stating Kobada will be 5MM oz plus. I personally believe him.
ORE was an interesting mention. Maybe a AGG - ORE tie up would make sense. ORE's cash and some debt financing would put Kobada into production and the cash flow from Kobada could fund Bombore to production? Voila! You have a 200,000 oz+ per year producer just like that, maybe larger of you roll in F&M's privately held Ivory Coast mine. It's getting fun to speculate again as to what may be.
Now my question is where's the rest of that painful financing Bharti? Can't pay our new friend Spence here if you don't close on this.
GLTA and stay safe!