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The marker is expected scarlet, unfortunately we know the grade, it was predicted to be this level by even the likes of oldslow, so it's not going to just jump. It needs a price per tonnage added now, so as I said yesterday I'm quite happy here as it staves off the day traders, but I do wonder if now its not, and that little over expectation will make people hesitant, it hit lower and more to the point will you go to Joetraders stand up now you consider him a Comedian? Manlord summed it up beautifully yesterday, I'd prefer no results and a more complete RNS June, with level, grade, tonnage price and a good kick up the markets backside. Otherwise it just stays plateau, I really thought you knew how this worked. Considering you insult people at will
I think now’s the time given it’s hardly gone up that investors who truly believe show their conviction, now’s the most ideal time.
They seem to have said MEH , but u can bet your bottom dollar that they would collapse if it was bad info
“ Analytical lab results received for the first 18 RC drillholes of the recently completed 40 RC drillholes, with further assays pending.”
They’ve done the first 18 and rather than wait for the next 22 they release these bombshell results early, what I will hopefully like to see is an increase in the SP now it plateau and then with the release of the further 22 it steps up again.
I will do, swear that's my one and only lost but couldn't help it mate, guys been horrendous to me so I can't jump on his 20 recommendations like he told me something new, and predicted this all. But yes, enjoy, lovely news
Going to be a lot of chat today, so don’t babble on about nothing dusty, give others a chance to get a word in!!!!!
I know I know your 6 ft 4 and work out
The Acid process for extracting titanium from ores is the same throughout the industry, is it not? Shaun wants to create a plant so that we aren't simply selling ore. There's nothing bizarre about the acid process proposed.
Think they went down to 400 mtr last time,by drilling to 150mt speeds up the process of discovery,more holes to cover a bigger area ,we already know its gonna take 40 yrs to dig this out why go down 400mtr when its under yer feet at near surface,no problems with cave in,s from the side if just scraping it from 2 mtr of top soil,the crystal ball is spinning crazily with huge numbers,if this is easily processed, IF, then we are a multi biliion pound company on just these 2 small areas,at a basic price of $65 per ton.high quality could be a lot higher and we are not short of tonnage or areas to be tested,remember we only own 70% of this but 70% of the biggest ti find in the world is worth digging up...
Ask old slow, he is on a roll!! Get the lotto numbers whilst your there. Predicted haha sorry, but guys been a right jerk for weeks and come on like nostradamus 🤣 grade, tonnage etc. If it can produce grade 2 or grade 7 titanium alloy we're cooking!!! I'm making 5 components for something simple as a spray booth boom head, and the raw materials even at thst small amount from cheap China is 15k, and takes weeks to deliver. So the price should write itself
Can't be long until the MRE now, and Empire will start getting compared with the reserves of other globally significant suppliers with a lot less Ti !
Another set of solid results, 0-150m is very impressive.
Wonder how far it continues after 150.....
Great news as this is the area to be used for the MRE. Outstanding :-)
As predicted another area full of ti from surface,a great result
Last investors presentation at about 27 minutes in,
SB says when the next lot of drill results are in .
Empire will be able to give, "Grade and tonnage "
Not in the first quarter, but certainly before the end of the second.
So my guess is sooner rather than later, a big announcement, media coverage and a lift in share price to reflect the news.
Probably followed by a necessary cash raise.
Enabling the laid out pathway for the rest of the year.
All going to plan.
The RNS on 27th March has :
o Completion of a Mining Option Study that will form the basis for a conceptual mine plan;
so looks like they'll do a proof of concept of the mine first.
But, yeah, why don't they try and processing it now, they already have samples dug up?
Before investing $20m in the demonstration plant I presume there are lab based experiments which will take place first in order to test that the intended process works in the lab so should certainly work in the demo plant.
Great, now all we need is sleepy joe, ransack rushi and bonkers Benjamin to get there head together foe the next 12 months so we can send up our own 🚀. Because the only thing stopping this, is that nonesense
Manlord / ONEdayRodders
The demonstration plant is of course the jewel in the crown and all being well it’ll blow the socks off.
With the lab results due back though and with the level of titanite % near surface being as high as everything they’ve found thus far (or perhaps higher) doesn’t this mean that the demonstration plant would of course have a much greater potential of working?
Based on ; https://www.ig.com/uk/news-and-trade-ideas/empire-metals-was-one-of-the-best-aim-stocks-of-2023--more-to-co-240307
“ To move things along quickly, Empire Metals has been drilling and collecting samples. They put together a team of experts and are now designing a demonstration plant to further develop the project. With the massive scale, high-grade titanium, and easy extraction process, the company is confident that this project will be successful”
The work we’re doing now is to ensure we plonk this plant in the best possible location with the highest grade, is it not?
I topped up last time drill results, and last RNS, even tho I suggested it dropping down, I bought at 9.7p, as I was a tad influenced by a lot of harrasement, abuse and fighting my position I questioned myself. I listened to certain people who I deemed smart, and they are, but there a tad uncompromising when it comes to a suggestion not of there own, but it matters little. I added to my volume of shares and as I said I'll hold them throughout the whole venture
Yeah - like I said I learnt the hard way... and no one (especially me) knows where it will go. I'm just going with what I think and hope for the best. Even if it jumped to 10p now I'd buy in thinking in the long run it's cheap.
I really pay no attention to charts on these AIM listed stocks, rns and news driven are what counts here, progress. You can speak fibonachi to me all day here, it won't resonate. I have seen a couple here recently, non have panned out as they suggested.
I'd never suggest to people to buy now, wait till this or that etc, you do what you do, invest/trade etc but I don't want to see it lower, and it should not do.
But realty is, I don't know.
I'm only waiting to buy in my ISA, I'd sold in my trading account and moved the money to my ISA. I've learnt the hard way not to try trading. Once I buy I'll be holding those for a lot higher than even 30p.
This is my heaviest invested stock by far. My current average in my trading account is 2.113p and the current holding in my ISA are at 2.06p. Both not touched since 2021. My plan is to hold and see how it goes after the plant.
Looking at the charts (for what they are worth) all the time frames are turning bearish, that's why I say around 6.5p
Joe your trading mate, we're not in it for the same thing if I'm honest. You want it low, and will sell if it goes above 10. Each to there own, I hope it sits here and you can't do either really. Soz mate, it's your choice but it's not what I'm doing, I'll be here next year sitting on same sp
Dusty Yeah I was going to buy around here but after watching it over the last week....it's just a feeling.....
And scarlet if people keep hyping up big prices before drilling, and it doesn't hit these silly 15 or 12p or whatever, it tends to do that, and we seen it last time.
I don't believe it will now, but let's keep it sensible.
June is the time to be waiting for