Marula Mining Share Chat (MARU.PL)

Boom there it is.

For all Jason’s promises coco the clown has got us suspended again.

Please Andii and fpoo put a good spin on this, tell the market how this time it’s not a red flag and it’s a positive.

And also where’s that warren buffet chap timmit, please tell me how serious investors feel about a suspension that Jason said wouldn’t happen again.

I can’t wait to see who Jason blames this time.

The man is a walking failure.

Well at least I don’t have to put up with you deluded fools telling me if I don’t like it then sell up.

No one can sell because coco the clown strikes again.

Sounds ominous with the way Jason's spoken of.

Will they come back?

Https://www.aquis.eu/news/ig-expands-uk-trading-offering-aqse-stocks

"Over 100,000 UK, Dubai and Australian clients now have the option to trade these stocks."

NSE listing will be next which should bring on new investors from Nairobi and wider Africa

From Zoom notes

o Listings - JSE still option - NSE is back door (confident) -

energy drive and enthusiasm will force through

o A2X had to change processes with suppliers and banks etc

o NSE (now active in Kenya) all positive - KCB involved -

Kenya biggest bank

From my notes:

JSE still on the cards. they didn't recognise the Aquis exchange. NSE gives them the backdoor.

Confident that nse will be in july. Nothing got done in Nairobi this week due to the political situation.

A2X, all new banks had to change their processes.

Market makers had to change their systems (anchor is one who holds stock of Marula).

Nairobi (NSE) - investment case for new investors has been made.

Kenyas sole listed mining company. Have met with Kenya commercial bank today (friday), they want to be associated with the listing. Asked how can they be involved. They will push it to their clients.

https://drive.google.com/file/d/1IHRa8NM6aEBkE7XnUqJTPo1F1gmG5mgZ/view?usp=sharing

Jason has indicated that he is hoping to do another zoom call in two weeks

https://x.com/AndrewMathieso3/status/1806995003790467159?t=CBsc5Is1UtQFeVPsYbWjJw&s=19

Nice work there.It shows how many projects and hoops Marula is working through.This company is non stop sp will reflect this at some point soon.Thanks for info keep up the good work.

Here is kevs notes combined with my notes

https://x.com/AndrewMathieso3/status/1806913054283583909?t=mlU3vHNXdLvYoVKF_H2DpA&s=19

f9 fund due in 3 weeks.

first revenue 5-7 days from larisoro

first revenue around 10 days from blesburg

f9 could buy shares on open market to take an equity stake. if the debt portion of the f9 fund isn't on competitive terms (interest rates), then they won't accept it

kenya has been on lock down this week so progress has been slow. everything should be open next week. staff been working from home.

blesburg - there is a very large potential for further exploration and a very large upgrade of resource size 🔥

plans to build a 15mw solar plant.

jason said dividends could also be affected by the next projects to come online. said kinusi was delayed by 4 or 5 months (due to larisoro jumping the queue) but that delay would be covered in 2 to 3 months (due to higher profits from cement).

the pilot plant is also already effectively a copper cement plant. copper cement has a much lower power demand.

he also said the f9 find will come with a lot of press. and marula are by far the largest holding of ao

*****on waiting until the f9 fund is announced then will be doing an interview all guns blazing

sorry, couldn't get laptop to connect to works wifi in time (it's really slow)

phone managed to work.

took some notes, so did kev

kev's are better than mine but here are mine:

apologies for share price.

shouldn't be at these levels.

impacted by deadlines, milestones, targets.

south africa logistics delays nationwide. *****on had 14 trains of coal down to 1. means backlog of trucks on the roads.

kenya much better roads and logistics. logistics chain for imports and exports from mombassa. 35 to 40 trucks for the 1000t. 2 yards in nairobi. 1250-1500 loaded up per vessel.

kinusi - jana's report being peer reviewed, fujax copper experts reviewing as not doing dso, doing copper cement. circuit means using a lot less power. rns being finalised.

blesburg, first sales - tuesday, everything should be finalised. have been playing around with the port the material will be loaded.

'should' be end of next week, start of following week. ahead of his visit to london on the 10th

accounts due, specific directors brought on in the uk to manage this. being worked on over the weekend. ball is in their hands (bailey). kept with the original auditors as they were able to facilitate move to lse which was the plan at the time.

jse still on the cards. they didn't recognise the aquis exchange. nse gives them the backdoor.

confident that nse will be in july. but, nothing got done in nairobi this week due to the political situation.

a2x, all new banks had to change their processes. market makers had to change their systems (anchor is one who holds stock of marula).

nairobi - investment case for new investors has been made. kenyas sole listed mining company. have met with kenya commercial bank today, they want to be associated with the listing. how can they be involved. they will push it to their clients.

dividends, if in a financial position to do it then they will do it this year (after the interm results)

as a company it is their intention to pay (used caledonia mining as an example)

f9, how does f9 get repaid. equity fund and a debt fund. majority will be debt. blesburg, for the initial leaching plant.

revenue due in 5-7 days.

kinusi, pilot plant is basically a cement plant.

staff costs

43k rand a month blesburg

25k rand a month kenya

bod $23k a month

Andii - unfortunately I have a prior engagement I can't get out of - is it possible to record the Zoom and post it on YouTube or wherever

📢Tonight, join #MARU's CEO Jason Brewer for a live interactive Open Discussion on Zoom.

⏳Time 7:30 pm GMT / 🇿🇦 10:30pm GMT+3 / 🇰🇪 9:30 pm GMT+2

📍 Zoom Link ➡ https://us05web.zoom.us/j/88514485099?pwd=hwP96mJlSv2aqozJZuFdGuPAuXMBEO.1

Meeting ID: 885 1448 5099

Passcode: nDg9r0

Https://x.com/JB_MiningAfrica/status/1806650682243481801?t=ZAvn4gV0P6sR8C7EPfY4yA&s=19

"At current prices, initial acquisition costs likely to be repaid in next few months and the full investment in exploration and in the upgrades and new mine and plant to be repaid well ahead of the 12-15 months initially estimated and advised on 1 March 2024."

Https://imgur.com/a/iyNq8kp

Meeting ID. 885 1448 5099

Password. nDg9r0

Delivery rns out

Ii.co.uk, IG.com, HL

A j bell

Which broker do people use for trading Marula? iWeb certainly doesn't allow me to trade Marula

f9 in late july by all i’m hearing and was with them week before surgery in joburg. will be with *****on on monday and tuesday and going through.

f9 have had slr from uk. do an independent review and assessment of our key projects too as part of their processes.

cpr and some of the findings of those reports will be released during july.

whilst in joburg will also be finalising the appointment of *****on and also a refreshment / strengthening to the board to reflect growth of projects in key areas.

tomra should be movement next week.

The quicker we get broader listings the better.This share is being worked over much too sensitive on the downside unless they are still clearing a huge block of share's

Team pushing through now with auditors - and certainly being an auditor is a thankless game - believe me they hate me after the pressure I am putting on them!!

Think UK is one of the toughest places for auditors - pressure from all sides tahst for sure

Shuka annual accounts out, Neo interims due out today and then Marula. Unciron out next month too. Certainy a lot to go through and sometimes mind boggles goign through the notes and questions - but all good and all necessary

So a 7.30pm UK time Zoom call? That work?

So many messages from you shows that again Andii you know Jason has messed up again, moved goal posts and has spoken complete rubbish and like a fool you are trying to defend him.

This makes Jason look like the incompetent clown he is.

Jason has gone on for a year how the dial listings will be done next month next quarter and for aim to be done soon then LSE and what has he achieved A2X where no one can buy.

Would love for Jason just once to get something right, to actually show his worth.

Look at his 3 main companies, showed so much promise now show him to be the clown he always has been.

And Andii you are a fool for being so blinkered when it comes to Jason and his dodgy ways.

Let’s hope he gets the accounts out on time

To be honest listings have not necessarily been a challenge but our continued progress and activities clearly mean updates - not an issue but nonethelsss the prospectus/listing document requires continued updates - again not a real issue.

Aquis in mean time means we become an even bigger fish in that small pond - maybe even one of the biggest - and we can then move as a much much bigger fish into that bigger pond.

https://imgur.com/a/aYqtWDG

Need to get back to double figures now - honestly didn’t imagine myself having to say that.

Know there will be a number of knocks along the way. But lithium, feldspars seem sorted now and manganese too and once we’ve proven all to you then we can consolidate in that space as well.

The copper is critical for us and we need to push that harder now manganese is there.

Kenya listing wi be well received - certainly on back of what we have now

I ultimately believe a bigger exchange will work for us and the LSE is the obvious one.

I also believe we need to focus on getting this assets operating at full pace and if we are to get the right valuation - which you and I are all looking too - then we need to demonstrate those consistent and steady production rates and cashflows are real and not one offs.

Value will come then.

And perhaps there is a smart way of getting on the exchange too.

Bigger dividends per share price, less costs and time spend chasing london listing.

We still have Nairobi NSE and Johannesburg JSE to look forward to which will both give upwards pressure to the share price due to the large number of local stake holders in those countries.

Anyone who wants to be part of this story can open an alternative account within a few hours.

The Aquis exchange grew faster than Aim over the past year and is starting to gain the interest of pension funds. 6 or more companies on Aquis have market caps over £100m

Smaller investor pool, lower liquidity, less attention from investors and analysts, not available on all trading platforms.