Each one in plain English, with the numbers worked through for a shareholder.
13 Oct 2021drilling result▲ GoodMajor
Auger drilling at the 100%-owned Satama permit (Eburnea project) returned gold over 4.5km of strike, best 9m @ 4.49g/t from 1m and 1m @ 9.91g/t. Company calls it a new discovery; aircore and RC follow-up planned for November 2021.
13 Sept 2021half year report▼ Bad
Half-year to 30 June 2021: loss of A$3.38M versus A$130k a year earlier, driven by a write-off of capitalised Mbengué PR272 exploration spend, higher exploration, share-based payments and deal costs. Acquisition completed after period end.
10 Sept 2021drilling progress report● Neutral
Drilling update: about 1,000m of a 9,000m aircore program done at Boundiali, with RC drilling due to start. Eburnea auger drilling continues with Satama assays pending. Dielle infill auger results show continuous gold anomalism over 5km. No major new results.
10 Aug 2021asset acquisition disposition▲ GoodMajor
Acquisition of Resolute's 6,194km2 Côte d'Ivoire package and the Predictive joint venture restructure is complete, lifting holdings to 8,400km2. Resolute's Bruce Mowat replaces David Kelly on the board. Drilling has started at Satama and Boundiali.
2 Aug 2021drilling result▲ Good
Soil sampling at Eburnea defined three anomalies over 2km long, with peaks up to 19.6g/t gold; auger drilling to start late August. Resolute acquisition conditions are satisfied and Randgold's pre-emptive right over Tongon North permits expired unexercised.
30 July 2021investor presentation● Neutral
Corporate presentation repeating known facts: 8,400km2 Côte d'Ivoire position, three core projects, drilling from early August. It adds deferred terms for Resolute: A$4.0M payable 12 months after first gold production plus a 2.5% royalty. Cash over A$6.0M after the upfront payment.
27 July 2021investor presentation● Neutral
Invitation to a live investor webinar on 30 July 2021 where the MD will discuss the Côte d'Ivoire acquisition, which the notice says shareholders have approved. Administrative; no new information.
26 July 2021other● Neutral
Name change from Manas Resources to Turaco Gold became effective 23 July 2021. Shares trade as MSR until 6 August and as TCG from 9 August. Fitzgerald now chairs the board. Completes the rename flagged in May.
21 May 2021other● Neutral
ASX lifts the suspension of Manas shares from 21 May 2021, following the acquisition and capital raising announcement. Administrative notice.
21 May 2021asset acquisition disposition▲ GoodMajor
Manas agrees to buy Resolute's Côte d'Ivoire exploration interests (6,194km2) for A$1.0M cash, with a Predictive joint venture restructure lifting its stake to 89% in Boundiali and Ferke. A$3.5M placement, 1-for-10 consolidation and rename to Turaco Gold planned; shareholder vote expected late July.
21 May 2021security holder rights change● Neutral
Notice of a proposed 1-for-10 share consolidation, cutting about 2,760M shares to about 276M, subject to a 23 July 2021 shareholder vote. Options and performance rights are consolidated the same way. Follows the acquisition announcement.
21 May 2021farm in farm out agreement● Neutral
Predictive Discovery's own release on the Côte d'Ivoire restructure: it swaps its 23.5% contributing interest for an 11% free-carried stake plus 100 million Manas performance shares. Confirms Manas shareholders must approve under Listing Rule 10.1 because Resolute holds about 25%.
20 May 2021other● NeutralMajor
Manas shares suspended at the company's request pending an announcement on acquiring new mineral projects and a capital raising. Expected before trading on 24 May 2021.
18 May 2021other● Neutral
ASX paused trading in Manas shares pending a further announcement. No reason is given in the notice.
30 Apr 2021other● Neutral
Appendix 4G corporate governance checklist for the year to 31 December 2020, pointing to the governance statement in the annual report. Administrative only.
30 Apr 2021annual report● Neutral
Cover notice stating the 2020 Annual Report sent to shareholders is identical to the accounts lodged on 30 March 2021. No new substance.
6 Apr 2021drilling result● Neutral
Auger drilling (4,400m) at the 100%-owned Dielle permit defined several anomalies over 1km long, best 3m @ 1.86g/t from surface. Infill drilling follows. Manas also keeps 80% of Eburnea after a third-party option to take half lapsed.
30 Mar 2021annual report● Neutral
Annual report for year to 31 December 2020. Restates known events: the 70% earn-in on PR272, Tremain's appointment and 2,200m of RC drilling. Perseus has elected not to contribute to the next phase and will dilute. No new announcements of substance in the extract.
10 Feb 2021drilling result● NeutralMajor
RC assays from 21 holes (2,207m) at Mbengué returned narrow intercepts, best 12m @ 1.13g/t at Le Vieux. Manas has completed its US$2M earn-in to 70% of PR272 with Perseus. Modest results; more auger and soil work planned.
22 Dec 2020drilling progress report● Neutral
About 2,000m of RC drilling (20 holes) is complete at Le Vieux, Phew and Madala, showing broad alteration and sulphides, with assays awaited. Drilling pauses for Christmas. No assay results yet; the Mbengué project now spans about 1,040km2 including an application.
16 Nov 2020director officer appointment▲ GoodMajor
Justin Tremain, who led Exore's Bagoe discovery (600,000oz resource) before Perseus took it over, becomes Managing Director from 1 December 2020. CEO Chris MacKenzie will step down after a transition. His team is investing $500,000 in a placement of 111M shares at 0.45 cents.
10 Nov 2020drilling result▲ Good
First 1,320m of auger drilling at the 100%-owned Dielle permit found two major anomalies, up to 1.5km+ long and 500m wide. The 4,000m RC programme at Mbengué is due to start shortly, with first results expected late December.
6 Oct 2020drilling result▲ GoodMajor
Infill auger drilling (186 holes, 1,684m) expanded the two main Le Vieux-Phew zones to over 2km long and 300m wide, with a best result of 2m @ 5.7g/t gold. A 4,000m RC drilling programme was planned to start in November.
9 Sept 2020half year report● Neutral
Half-year to 30 June 2020: loss of $130,062, down from $371,343, attributed to foreign exchange gains, lower share-based payments and lower costs. Restates known exploration results; Manas bought its own auger rig, with Dielle auger drilling to begin in September.
7 Sept 2020price query● Neutral
ASX queried a share price move from A$0.0045 to A$0.008 on heavy volume. Manas replied it knows of no unannounced information and has no other explanation, and confirmed it is complying with disclosure rules.
4 Aug 2020drilling result▲ Good
Soil sampling (1,600 sites) over the 385km2 Bouaké North permit found five gold-in-soil anomalies, two about 6km long, with a peak of 4.19g/t. This delivers the long-awaited results; IP surveys and auger drilling are planned after the rains around October.
24 July 2020drilling result▲ GoodMajor
Auger drilling across the full 4,400m Mbengué programme found seven mineralised zones over 600m long (longest >1.5km, up to 300m wide), best 6m @ 1.2g/t. Follows the April Le Vieux-Phew result; infill drilling started and RC drilling is planned after the rains.
13 July 2020drilling result▲ Good
A 26km2 IP survey at Diellé found ten anomalies over 1km long, the largest 9km+, all untested. The 4,400m Mbengué auger programme is now complete, with remaining assays due in about four weeks. Further auger drilling is planned after the rains.
29 May 2020investor presentation● Neutral
AGM presentation restating known facts: over 1,811km2 of ground, flagship Mbengué project, auger result 2m @ 23.6g/t, and cash of A$7.7M at 31 March 2020. No new results.
14 May 2020drilling result▲ GoodMajor
Soil sampling (1,489 sites) at the 100%-owned Diellé permit found gold-in-soil anomalies up to 16km long, peak 2.03g/t. This delivers the awaited Dielle results; IP surveys and auger drilling are planned before the late June/July rains.
