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Well I only came across Marula recently by chance so I think its just far too small to be on anyone's radar so a mid day RNS wont blow the bloody doors off but for me I see an excellent opportunity before the masses arrive - waiting on some numbers before I stick more in but all looks good so far
100K seller who has been active all month seems to have stopped, last 100k sell was on thursday.......
Video of blasting at the Manganese mine earlier today
https://x.com/Chuggley1/status/1794809282732732442?t=b7AzTW-XH7aK4FHkMLXthg&s=19
$45bn and increasing turnover. 177m shares issued. Dividends later this year.
I have a strange feeling there is a chance to make a profit here. Make your own mind up.
In-situ values of recoverable material
Kinusi average grade 5% (only targeting the high grade zone) and 20MT x $10,000/T. 75% recovery but byproducts would hedge against this so 20,000,000x10,000x0.05= $10b. 75% owned so $7.5B
Blesburg average grade 0.8% plus byproducts brings this up to 2% x 30MT wider resource including inferred x 75% recovery = $8.249B.
Increase that to $12B once carbonate plant is fitted
Korridor is 80x larger than Blesburg so lets call it $20B
Graphite project 20ktpa x 10 years at $1250/t = $250m
Manganese 300ktpa 70% owned say 200ktpa to Marula, 7 year mine and $250/t revenue = $350m
Sum of parts of these 5 main projects = $45B with further upside potential at every one and more acquisitions being talked about. If Koridor truly is 80x larger than Blesburg and extensively mineralized, this could be an absolute game changer
For reference, GGP own 30% of a $12b in situ resource and their market cap is currently £373m
Linked to the wrong youtube video. Second time lucky
Here is @JB_MiningAfrica doing a 20 minute talking at Indaba
https://youtu.be/tjY9GQ5vzts?si=6Op0zVK8vjkDJwUW
And the short 10 minute Q&A session which followed
https://youtu.be/OyCKIv1w7Cg?si=K9ABE0nLCrBFvT1g
#MARU #lithium #manganese #copper
Both manganese and lithium production very close.I think manganese first as sales was supposed to happen this week.
Why a blesburg rns?
Here is the Q&A section which followed the presentation
https://youtu.be/OyCKIv1w7Cg?si=K9ABE0nLCrBFvT1g
Need a blesburg RNS
It’s listed on AQUIS. They’re hopeful to soon have main market listing later this year
Can anyone tell me why this share is so sensitive to the downside???
Full year report due before end of June.
Interm revenues will likely appear in RNS in quarterly updates or when received.
We haven't received any revenue in 2024 yet but are aiming forn$1m this month and a lot more next month
Everything seems to be progressing really well in terms of operational updates but when can we expect some firm numbers to back up the good news ?
No worries Tebbin.
The youtube video I linked to the indaba #MARU presentation was the whole 8 hour presentation. Here is the 20minute Jason Brewer section
https://youtu.be/UiiDQpaqghc?si=Qb0LrGWeYYlljxAv
He talks about Blesburg lithium mine from around 7 minutes
Here is the presentation he is using
https://marulamining.com/assets/files/2024/presentation/Marula_Corporate_Presentation_May2024.pdf
A lot of talk about first revenue from both Manganese (the mine was invested in 3 months ago) and lithium before the end of May. The profit margins sound eye watering (on lithium) as the byproducts should more than cover all operating costs
My thanks to andii for his many great posts. The time has come with the progress of the many excellent projects, to be a big fish in a big pool.
Niceone andy thankyou
The video presentation condensed into 5 minutes
https://x.com/MarulaPlc/status/1793539526423621655?t=yuIpIcxgf6EMeOM7osaoGA&s=19
Definitely needs more exposure ,that may come with shipping and revenue.
Maybe Q and JB will make the move to a large Exch. instead of empty promises. Then the more richer Investors will drive the SP to the level justified by the projects.
Jason doing a presentation today
https://www.youtube.com/watch?v=Jh6qbpqGPNI
Manganese sales complete by end of this week-
250-500kt per annum target
9km strike, less than 2m deep
looking to join 3 smaller pits into 1 big one 1-12m deep
- sea freight costs out of Mombasa have fallen dramatically
Copper – Kinusi (Tanzania)
Just over 1km strike – 20m wide
Production in q4
mining licence in place
6% copper being discarded as waste by artisnal miners
H2 development - processing equipment on site in July
Doubling licences from 10 to 20 over next month
CPR at Kinusi - September
Graphite flake (Tanzania)
3km strike
1000$/ton(unprocessed), and - post-processing – a much higher price, production in H2
- Graphite at Nyori - processing plant being looked at and into production before yr end. Resource work on Copper and Graphite completed by end Sept
- Blensberg - Funding secured - end July for carbonate plant
Also looking at producing solar hub to power blesberg and NEO at Henkries
CPR on Blesberg out mid June
Drilling and blasting at Blensberg to commence this quarter
- was hoping to announce new acquisition today - even had breakfast meeting on Sunday - but not quite ready
one also next week
The effing games MM play ratio 10:1 on buy side no movement.Then 2k sell drop 2% .
Direct link to file
https://t.co/bpUlZXovd0
Https://x.com/marulaplc/status/1792800281941639601?s=67
#maru 50 page report out today. CEO Jason B is at an Africa indaba mining conference today