Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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License in ivory coast to be approved!!(one licence approved last week)!!!
Sell of stockpile just days away!!!
And they found a brine within their gold deposit in burkina faso and more work will be done soon!!
Elephant oil holding worth 2mil usd for RRR!!
Arbitration claim is worth 10mil!!
Sell of stockpile will generate 600k a month!!
And mcap is just 3.7mil??!!
Boom
sellers are creating this bargain SP
remember last week RRR hit 0.27
Do everythings
Do something
This muppet bambiboy surely don’t even know how long it takes for the edday results,forget about running a mine!! Lol
Mate, go where you are invested.
Wait and watch what is coming here bambiboy.
News will start here thick and fast.
Your dream of getting in cheap is not happening,hahaha
SP is about to take off!!!
Anyone waiting to get in cheap will be paying more than current sp!!
Dyor.
BBB, not true that "not a single project has progressed". You know that to be false, so why say it?
Could you ramp it any more Maqsood ?
Comically [and being topical] your entire list was in a broker update 15 months ago. Since then not a single project has progressed the SP fallen five fold and AB issued 1.5bn shares. No income has been earned in the period.
Maybe you should add a little realism / risk basing to your considered assessment. Think the get rich quick crew may be dissapointed.
Well. With the. 10-15% He can only make. Lollipop money.
EarlofAim
What is your target price?
Https://miningzimbabwe.com/simplified-the-new-base-minerals-export-control-act/
DYOR
Looking forward to it :)
Many twitter posters are getting in, some with big following!!
Many big news to land here anytime with sp doubling within few hours with arbitration claim signed news!!
Elephant oil is listing in US and news could land here any moment!!
License in ivory coast to be approved!!(one licence approved last week)!!!
Sell of stockpile just days away!!!
And they found a brine within their gold deposit in burkina faso and more work will be done soon!!
Elephant oil holding worth 2mil usd for RRR!!
Arbitration claim is worth 10mil!!
Sell of stockpile will generate 600k a month!!
And mcap is just 3.7mil??!!
Need a big RERATE here!!!!!!!!!!!
Dyor, hold tight!!!
Https://twitter.com/Tertiaryplc/status/1673620133023981571?t=yLBC1d4cCVuwGCJ_Tqj7xA&s=19
DYOR
That was a T e le gr am group. Not in it.
*************redrockresources
@Helpful - really useful insights here. Hopefully several updates to come are way now.
"Initially ALR will be selling 2% grade locally at $200/$$250 per tonne..
The question then is, can it get to 3% grade for export with a bit of grading? If not then it needs to beneficiate and it might as well go to 4.5% which sells at $3,000 per tonne.
So the first job is to get the stockpile sold, then start it's own production. Once it has some cash in, say back end of next week, it can review the grades and make some decisions.
So the starting point is 5k tpm at $200/$250 per tonne and then improve the grade for export asap. If it can be exporting by the start of August then it is a lot more than $5m per month."
"Initially ALR will sell the stockpile at surface and mining will start properly sometime back end of next week, early the week after (based on previous RRR/AB public statements).
The target production has been stated at 5,000 tonnes per month from the first site: at 2% lithium.
The price for 2% lithium in Zim seems to be currently $200/$250 per tonne. 3% for export is about $1,000/$1,500 per tonne. Just multiply out."
Looks like the herd is on its way...
https://twitter.com/tozzer121/status/1673601277303873536?t=UU3gRfDR6EoL2GTuO3d9bQ&s=19
Try not to get trampled underfoot.
DYOR
15th June RNS the big one is hugely short on detail. All it really says is we have received the EIA. It's also clouded with generalities and assumed links between CdeIv and BF licences and Lithium.
Seems like classic Bell to me. Nothing on DRC
If anything was certain it would have been in RNSs but nothing is hence its Twitter and interviews.
Slow drift down whilst we await news. I think next Zimb update will underwhelm - snags issues , delays. Infrastructure,, illegal miners etc. $500k a month will be put out there but timeline will drift more and more and inevitably further fund raise !!
I hope for your guys sake this one does not follow the above pattern that Andrew has been stuck in for fifteen years. As you all say the past is irrelevant but Andrew has not got a project over the line for so long it's becoming a habit.
Rent , but look at the lead times for equipment.
Maybe H can tell.us more
LOL are suggesting that mining equipment is not available? to buy or rent? or to hire a contractor to perform work?
Red Rock Chairman Andrew Bell comments: "Now that we have our environmental clearance, mining can begin on site. We are in a position to start shipping product immediately, and will make announcements as we pass various milestones."
You are forgetting ALR have no equipment to mine. No machinery on site. The lead times are very very long and the stockpiles and license will be in the courts soon enough imo
Still just £3.69m market cap here at the moment. 1p would only be £21m market cap. A lithium asset in production is going to blow that away imo. Let alone a further 3 lithium licences that can be put into production.
But the scale could be mid-tier, it seems we have an NDA with Prospect Resources who sold an 87% stake in there Arcadia Lithium asset for $422m to Chinese Major Hauyou.
https://twitter.com/StockBoxMedia/status/1641435956451627008?t=NMnHmD-VIg4UuPgIvVvqLQ&s=35
https://www.reuters.com/business/chinas-huayou-buys-lithium-mine-zimbabwe-422-mln-2021-12-22/
I'm mindful PREM & KOD ceo's were equally despised when they rerated 2000%+ from lows so whilst i'm no AB fan he could be sitting on something about to rocket now.
Atb
Tradedeck - yes there was a broker reccomndation of 2.8p about a year ago.
Of the dozen or so listed cash defining events none have happened and since then AB has issued 1.5bn shares.
So on a part past basis probably now 1.1p a share. But AB loves a fund raise double figures so far in 2023 so no doubt many more will follow.