African Eagle: News & Discussion

tintin, I welcome and respect your view even though I disagree. I'm all in favour of balanced debate. I'm not sure you're right about the trading "pattern", assuming history will repeat itself (which may well be a flawed theory imo).
Historically we've done ok until about the end of Feb. We can expect more drill results from the larger RC rig at Miyabi & then the revised JORC. And in the meantime we could get news from the remaining two holes at EE, Mkushi, Lunga, Kakumbi, and any one of several early stage projects in Tanzania.
A total guess on my part, but I'm estimating March for the next funding, after the revised Miyabi JORC is known. There are another (approx) 62 holes to be taken into account, including those from Faida in June. Difficult to hazard a guess at the revised figure, but with the new ore shoots and further drilling this month, I'm hoping for a good number. I doubt we'll be at 1Moz just yet, but certainly something approaching a commercial resource in terms of a deal being a realistic option.