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Dazaliam The poorly researched botfly bandit
Daz does this mean if a house is not sold then the value is £0????? lol you don’t even make sense. Onto another board pls
It's funny how silly folk like Dazalium actually do the opposite of what they're trying to achieve by bringing out lots of positive information about the company and what a great investment this is. Obvs not the brightest. No offence daz.
They obviously would have been sailing very close to the wind at the rate at which they were burning cash. The placing was required but the $10m should cover operations for the foreseeable.
...and take just $300 per oz to get it out the ground...
We dont know how much they have mjned this year. Lookjng forward to thd update of this and how much revenue this has delivered...
Try 40moz.
Plface
"No - we are targeting 22million tonnes of pgm metals which could rise to 40million in the district with first mover advantage/exclusivity. We have about 15 million secured which already gives an NPV way above mcap"
There are 32150.7 ounces in a tonne so you are saying we now have 482billion ounces secured? lol
Dazaliam your spot on, quick sell all your shares on open monday morning (which i assume you dont even own at all) and then do us all a favour and p off elsewhere, you wont be missed
Cash in bank - a million quid now, two billion next week. OK? Now FO.
Oct 2nd for me, please , Ian
Both - you need to do some reading x
Proven 15moz resource. Proven means it’s there and we hold the licence. Now value it please :)
I've been thinking about this thread and have entered previously.
I think we should all be thinking of a way to reward Ian for the continuing efforts in keeping it running?
Well done Ian, you've put lots of time into this.
As for cash in the bank buddy I guess you could maybe count the £170m sino steel contract we can activate if a deal doesn’t go through..... that’s highly unlikely though and if a deal does go through then it’s $2b + in the bank so I’ve answered your little queries about cash there daz. Off to another board you go
I personally take what daz says with a pinch of salt, seen another board where he “says the facts” or as I see it actively tries to disrupt positive comments. But that’s just my opinion
Just checking in.
So to get it straight Dazaliam we just did a placing to II for 10 million so unlikely 1 million in bank. II placings are a normal step in development of a mine and seen as a positive signal.
The next thing to get straight - exploration companies don't tend to have revenue, we are lucky to have some as we have a platinum mine which is expanding rapidly and will be great when platinum recovers. They prove up assets and sell them on it's not like other types of operation. Sometimes they go to production but not everyone tries.
No - we are targeting 22million tonnes of pgm metals which could rise to 40million in the district with first mover advantage/exclusivity. We have about 15 million secured which already gives an NPV way above mcap. We are palladium rich and low cost so post dieselgate and China 6 very desirable given how near to production we could be with EPCF in place.
The deal was oven ready but now hoping it has been popped in the oven and just crisping up at the hands of JN and DS and UBS bank - our top notch advisors.
In that case November 6th for major news.
October 31st for Lil's major news. I'll bring the Kraken round for trick and treating ;)
Hi Ian, can you put me down for Monday please, cheers.
All posters who have requested a date today have been added to the list, good luck.
Have a good weekend all, cheers.
Gecko
If I may say don't forget OMI. Newmont involved in farm in agreement. Only 160m issued SC. Mkt cap £10m. Huge resource potential. Current SP only 6p.( Compare with Caledonia Mining - Issued SC 12m, SP 5p in 2017, SP 1300p in 2020, only 600k proven gold resource)
Afternoon All
Bobby ,
Major RNS - Full take over offer for the company at 90p a share ( very possible )
Minor RNS - Septic Lils been spotted doing the a ‘milkshake ‘ dance in front of the Kremlin with ‘ buy EUA ‘ tattooed on her barnacle ridden buttocks
Saturday Rums all round
Hello. What are we defining as 'major' RNS? What is minor? Apologies for the stupid question.
I'll go for 29th October, thanks
My first venture into the game 7th October. My son's birthday.
Ian,
I’ll go for the 9th October please.