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The Horse has bolted. Shares are now churned. Its about time the share price reflected the true potential of this company. Next stop 3.5p.
GLA
That would be fantastic. They must be pretty confident to make it public.
Cheers Giovs i will do some reading through the rns,s today and see what i think
Not sure but news will be due with regards to more drill results and possibly any deals with those giants in mining.
just bought another 5k this morning
Moroccan miner Managem plans $300 mln capital increase in 2024 -CEO
https://www.reuters.com/world/africa/moroccan-miner-managem-plans-300-mln-capital-increase-2024-ceo-2024-01-22/
Giovs when do you think there will be news?, looking at the chart im seeing this is at its lowest low so far.
Hopefully news soon on developments
Taken from Rns
· The Company is also in discussions with a leading global commodity trading group that would like CMR to act as its Moroccan partner to source and supply certain minerals for its global supply chain. Trading in metals and potentially industrial minerals, either in a partnership or individually, provides the Company with an opportunity for near-term cash flows.
BMW gave £100m contract last year to another company in morroco
something big coming IMO ****
This will go ballistic when Rns comes on the trading partnership,
we could see the likes of Trafigura Group with over £100Billions in revenue wants CMRS to source Minerals and metals for them.
say £100m worth that would be huge for a £600k Mcap company
GLA and Dyor before its too late
Director buy 100000 @ 3.75
Fantastic post by jimzi
you got me thinking now......
BMW gave £100m contract to one of the miners nearby CriticalMinRes (CMRS)
could CMRS with international commodities trading group give cmrs something similar to source the metals they trading?
big news coming IMO
BTW placing shares seems to be churned
We don't have detials but just summising, an on going relationship will involve fairly big amounts - being a global player they ain't going to buying 1 ton - and your going to be looking at some modest %, its perfectly possible the co make the mcap in a few deals. Most important, no cash required. Its perfect for an explorer.
Big gold companies going after copper
https://www.mining.com/barrick-looks-to-explore-new-gold-copper-deposits-in-the-drc/
Big companies don't do explorations, hence small companies do the hard work and big companies cones and buys the lot......
look at Barrick Gold
Irrelavent unless they r actually mining copper rather then digging in the dirt to explore
Because of Jason Cropper sold his 23% sp fell from 4p
back to 4p in the next few weeks I reckon.
This is genuine 10 bagger potential
with Director buying at 3.75p and taking 2m shares in the placing,
suggests something big is lined up.
then we have Moroccan who is respected in the mining industry is with CMRS (Critical minerals Resource)
only way I see this company will be huge..... boom coming
Our Moroccan director
"the appointment of Noureddine Sabraoui, the Company's General Manager, as Chief Operating Officer with immediate effect. Noureddine has had an extensive career in the Moroccan mining industry. As a geologist in the region, he has held a number of senior roles for Moroccan and foreign owned companies including as general manager for operating mines in the industrial minerals sector. Noureddine has also run his own geological and mining services business and he co-founded the Moroccan Association of Mining Companies."
Leading player in Morocco methinks- and the global traders wants us to be their partner / agent there
Post 18/3 at 1314.
You really should read the RNSs!!
I’ve set myself limits to position sizes and am at that here, or I would add.
But boy am I fighting that urge to brake a rule I’ve put on myself.
Still think it bounces to 2p once all is done and placing settles, and then onwards with developments.
A small Billy bonus when that $210k comes in, who knows maybe come end Q1 it comes, maybe it doesn’t.
Jimzi
which director has set up Morocco miners Association?
this is news to me,
another massive company in the making.
I'm primarily here for that at this mcap. Our director is Mr Morocco in the mining world - he co set up the miners association - he knows everyone and thing in the country industry - that's why a global player wants to use him/CMRS. Confirmation of a deal and this will increase. The rest is great potentially but unknown so could be a big bonus, may not but at 600k, the RR is compelling.
People selling at all time low at a big loss clearly need cash isa's which is ok but if you can't take the risk down here, time to look at the aforementioned. GLA
PDMR Dealing & KM Securities Pty Ltd
Km Securities bought 10m shares at 3.75p on ( 30 Jan 2024, Rns)
then buying further 2m shares on placing.... hmm
looks like they want this company......
KM Securities Pty Ltd ('KM Securities'), in which Russell Thomson, a Non-Executive Director of the Company is a 50% shareholder, acquired 2,000,000 ordinary shares in the Company as part of this Placing.
Not many know this company yet,
copper resources will be huge in Morocco
boom coming soon