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Why does Jason tell his telegram cult when news is due? You know traders will use this to ‘buy the rumour, sell the news’.
Jason is a complete joke and a plonker!
You have to trade .I trade 1/3 of my holding on any decent rise I gained 8500 shares yesterday this cuts losses on the dips I don't get it right all the time but this year + 50% in number of shares.So if you have a good rise decent money.
As you know it will just constantly be traded into , for long term holders the only way is to play the game with some of your holding or acquire more when it drops.
Or simply do nothing if you got them at a good enough rate
Everything is red today not just marula???
Total volume today £40k. 1/10th if what it was yesterday. And we are down 10%! Laughable really! What happens if we get 10x this volume and they are all buys? Do we go up 100%?
The revenue RNS's and JORC like RNS's are in the post and should really light a fire under the shareprice.
The share price today is just pure manipulation 7.5-8p
NT to buy and 7.885p to sell so well above mid price so not surprise me if it heads back to 8.5-9p later
Wish it’s not me that is keeping the SP low, if you could have a balanced discussion on the TG without idiots like chuggs and Marcus then you wouldn’t find all the negatives here.
As for the SP being this low maybe look at the man keep telling the markets lies.
In the interview yesterday they discussed 1000t being delivered they didn’t mention it was under half that.
A lot of investors look for red flags not the deluded rose tinted glasses wearing Jason lovers but real investors and unfortunately Jason gives out to many red flags.
It will come good but I think there will be a few months wait before it even looks like it will rerate.
Look at Neo, now back under ipo price, why is that?
Because of Jason’s promises that don’t happen.
He should of learnt by now but he is so up himself that it keeps happening
I sometimes wonder, where as a country we went wrong. Many people only seem to see the negative in every situation and other people. Others seem to actively delight in trashing the hopes and dreams of other investors.It could all be so different, I find it sad and depressing and I wish I had never started reading these boards. Wishihadnt....how very apt!
It was aim last May, then JSE and NSE by year end and all we got was A2X which has pushed about £20 worth of shares.
We get a lot of excuses as well, it’s always someone else’s fault.
How do you buy maru shares if you are in Europe, America or the Middle East?
You say aquis and people look at you and laugh in your face. AQUIS?! What's an aquis??
But great that it's cheaper. You get what you pay for in life. Aquis is a complete JOKE.
Bigger exchanges are more expensive.
Aquis growth segment actually grew faster than Aim last year.
Better to target african exchanges (which they are doing)
Moving to a bigger exchange was one of many Jason Brewer’s lies.
He told his fan club this would happen in the TG group and they all fell for it once again.
Aquis is severely limiting the potential here. UK MMs can do whatever they want on this exchange. Announce sales and we are down 6%.
Is there an accurate list of what brokers actually offer maru shares. Ibrk don't. None of the euro ones do that I can see. Robinhood etc? Why just trade with 600 UK telegram nerdz on HL when u can trade with the world on a real exchange? U cant even suggest maru to people who might be interested because they are not on dusty aj bell or HL.. SMALL POTATOES AQUIS JOKE TING FAM
Current list of projects and all RNS's in pdf format. Credit to Kev on telegram -Thanks Kev, great work
https://drive.google.com/file/d/1Mr3JgbErlAVR1eUoS60YKerkl3lKWpyn/view?usp=drivesdk
*******
Link to full year results full extended version with images
https://marulamining.com/assets/files//2024/circulars/marula_mining_31_Dec_2023_annual.pdf
From February
Further samples are currently being taken at the Larisoro Manganese Mine by the Company’s geological team and are to be sent to South Africa in March 2024 for metallurgical analyses and testing to determine the ability to further upgrade the manganese ore from 37% Mn to up to a high-grade 44% Mn saleable product
In addition to the manganese mineralisation, high-grade coltan, columbite-tantalite mineralisation has also been reported with assay reports indicating grades of 43.7% Na2O5 and 35.9% Ta2O5
Total costs at the Larisoro Manganese Mine are reported by GIM as being US$77/tonne of saleable product and including all mining, processing and logistics and sales costs and compare very favourably to the current Manganese Ore Index 37% Mn FOB Port Elizabeth price which is US$3.91 per dry metric tonne unit (“DMTU”)
Whofarted you are a fool.Beside your psychotic feelings for Jason how can revenue be bad news.They are proving up the logistics then ramp up I thought that was the point of it all.
I'm happy that,
Marula have a mine working
Logistics in place to deliver
Stockpiles in Nairobi waiting for the next shipment
The legal paperwork in place to deliver product and receive revenue
Chineese and European customers very keen to take the product
Money available to invest in further expansion
They have more than 500T stockpiled
The existing chineese contract has around 700T to be delivered
Fujax have a minimum contract of 2000T per month once deliveries start
Plan is to ramp up to 5000 to 10,000T oer month by the end of September
So you’re happy with that rns.
If it’s that good tell the market so the SP rises
Hi Marcus
Are you still laughing, is it still hilarious 😂😂
Please reply to me with gritted teeth.
Andii please tell me the revenue on the wheel barrow full of manganese that they have delivered.
Only 500T to China. But from the FY results, this is due to ramp up.to 5000 to 10,000T a month by the end of the month
Around 500T x 37% x $3.75/dmt x 60% = $40k to Marula
Increasing production to 5000-10,000 by the end of September so expecting $400-$800k revenue directly to Marula per month going forward
All this news you suggest is on its way and the share price will continue to drop. Too many warrants.
Shares in issue have more than doubled over the past few years.
During Q3 2024, the company appointed Community Liaison Officers at the Larisoro Manganese Mine.
The Company is continuing to invest under the terms and conditions of its agreement with Kenyan company Gems and Industrial Minerals Limited ("GIM"), with exploration activities and investment in new mining, crushing, screening and processing equipment ongoing and to increase monthly manganese ore production to between 5,000 tonnes and 10,000 tonnes of saleable high-grade manganese ore by 30 September 2024.
Indeed fpvone, manganese not lithium.
https://x.com/jb_miningafrica/status/1835899226401726902?s=52&t=B3xR-1oPV7G0vn6sC-IMow
https://www.marinetraffic.com/en/ais/details/ships/shipid:726883/mmsi:370357000/imo:9307401/vessel:KOTA_KAYA#google_vignette
Container ship the Kota Kaya.
Due into port Klang, Malaysia on the 30th September
This is our first manganese shipment from our 60% Larisoro mine.
On route to China.
https://www.jupitermines.com/tshipi-manganese/tshipi/manganese-price-information
There are two manganese spot prices, port Elisabeth south africa, and port tanjin China.
$2.99/dmtu and $3.75/dmtu.
This initial shipment to China (as disclosed in the video) would surely be at the higher port tanjin price of $3.75/dmtu
Remember folks, dividends by Christmas 🤥