Company Updates From Management – Wed 21 Nov, 2018

Serengeti Resources – Addressing Questions On The Recent Drill Results and Share Price Drop

Serengeti Resources recently released additional assay results from the Kwanika Project. The headline numbers were very impressive coming in at 500 Metres of 0.66% Cu, 0.80g/t Au (2.19 g/t Au Eq) Including 113 Metres of 1.31% Cu, 1.31 g/t Au (4.09 g/t Au Eq). However the stock dropped on the release. At the request of some of our listeners I follow up with Dave Moore, Serengeti President and CEO to address the drop in share price and future work. The Kwanika project is an advanced stage copper project so the work being undertaken is focused on an upcoming Pr-Feasability Study (PFS) and not a new discovery.

If you have any follow up questions for Dave please comment or email me at Fleck@kereport.com.

Click download link to listen on this device: Download Show

Click here to visit the Serengeti website for more information and to read up the full news release.


Comments:
  1. On November 21, 2018 at 6:44 am,
    OOTB Jerry says:

    India now a partner with US……forming INDOPACOM …Poking at China…..War MONGERS.via TRUMP…………
    Now I see why we are getting Indian’s deeper into the cabinet of the US STATE DEPT.
    https://timesofindia.indiatimes.com/nri/us-canada-news/indian-origin-raj-shah-makes-white-house-press-briefing-debut/articleshow/62851635.cms

    Even the Indian Ocean has recently come to be seen as a possible future battleground with China, as the U.S. Navy increases its regional patrols there and Washington negotiates stronger military ties with China’s rising neighbor, India. In a symbolic gesture, the military recently renamedits former Pacific Command (PACOM) the Indo-Pacific Command (INDOPACOM).

  2. On November 22, 2018 at 9:57 pm,
    Excelsior says:

    Good interview guys, and it addressed some of the concerns investors are raising on other platforms about drilling through a known resource to prepare for the PFS.

    Ever Upward!