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Gambatte's avatar

Any thoughts on when Pampa may list on the ASX Jordan?

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John Dubois's avatar

Sorry but im a seller here, private placement took a lifetime

Of the next drill results are not dusters then bookmark me

No one takes this much time to sell us a Winner

Time will tell in next coming weeks, but remember this, with warrants it took a long long time

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Jordan 🇦🇺's avatar

Fair enough, John — and yes, unfortunately it did.

As an investor, I’m in it for the long game, but there are still a few short-term points worth noting.

Piuquenes East results are coming soon.

Joe put $100k into this placement and remains one of the company’s largest shareholders.

Cobrasco.

Today’s results came from a ~300m step-out from last year’s drilling at Piuquenes Central, with more results on the way.

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Jordan 🇦🇺's avatar

Around mid-year I'm going to say.

Could be sooner depending on the ASX.

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John J. Fox's avatar

Thank you for your response Jordan. I wish you much success in all your endeavors, particularly with the Rugby/Pampa hookup. I hope Joe has some powerful connections.

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Jordan 🇦🇺's avatar

Thanks John. 🤝

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Gambatte's avatar

Good stuff Jordan! I would think that is the perfect gig over there for you. Investor Relations. I've had a few of them reach out over the years and it seems a good gig for those who have some technical knowledge (you have plenty) but that can also appreciate both perspectives being company and investor. Bravo!

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Jordan 🇦🇺's avatar

Thanks, Scott. I was thinking the same. The opportunity to be involved at Cobrasco - especially alongside Piuquenes - was just too good to pass up, particularly if Colombia shapes up to be an Argentina-like opportunity in the coming years, and Cobrasco is as big as we think it is.

I also want to be involved as much as possible with the geology at both project, so I don’t lose that part of the skill set (not sure what that will look like).

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John J. Fox's avatar

Very informative. Thank you. When do you anticipate consummating the Rugby/Pampa stock acquisition?

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Jordan 🇦🇺's avatar

Thanks, John! Takeovers can take a few months—that’s why Rugby is raising capital, which doesn’t affect the deal. 3-4 months! In the meantime it’s important for Pampa to get listed on the TSX-V.

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Lyes D.'s avatar

Very interesting! When you say you are going all in, how big of a position are we talking?

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Jordan 🇦🇺's avatar

Thanks Lyes, yep, I will post that behind a paywall and not on the open forum. However, I am participating in the private placement.

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Grant Edwards's avatar

Any info on costs of drilling and Pampa’s current cash situation? Feels like a PP is coming up especially for heli suported drilling.

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Jordan 🇦🇺's avatar

Not 100% on the number, but yep it will be expensive.

Yes, Pampa will need to raise funds for drilling at Cobrasco. The specifics of the raise, including the plan and amount, are still under discussion.

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