Member Info for 5toamillion

That’s a hell of a lot to achieve by the end of this year. Like Mike said there’s going to be different stages of funding, if we secure phase 1 funding by the end of the year and offtakers for the amount of graphite being produced in our first phase then I think we’ll be sat around the 50m mark. If we secure full funding for the whole project and major offtakers then for sure we can hit 100m without a doubt but I don’t see that happening this year. Rome wasn’t built Ina day brother.

It would be good to see some heavy director buying, things are lining up nicely so surely they should be putting their money where their mouth is now? That might give us a nice run up to dfs. Personally I don’t see us 10 bagging this year, I’d like to see 6-8p by years end. 10x by full production and spg for sure but that’s a long way away yet.

5% of a $1b claim after paying LCM the minimum in the terms and dilution would be around 14.5p. Let’s see what tomorrow brings but surely this can’t go up in a straight line. Be interesting to see what happens when the shares enter the market next week, will they sell some straight away as they’ll be 60% up already!

Plenty of eggs, in plenty of baskets. Up the bres!

Im getting far too carried away here but I’m thinking the claim could be closer to $5b.

Could there still be negotiations of an early settlement since they haven’t released the SOC yet?

N2S is right, I moaned and moaned about how this played out but ultimately I only had myself to blame. 2 chances to get out at 18p but I held on with hope. Everything did run smoothly up until ratification other than blue orca trashing the share price. I’ve sold over 60% of my holding now and reinvested elsewhere, still a high risk play here high reward. I’d like to re enter if my other shares do well but even though I’ve taken huge losses I feel better. Tough times make tough people peep! Fingers crossed it turns around for us all.

Sorry only just caught a bit of the interview, moneys there 👌 wouldn’t want to be out of this if any big offtakes drop or DFC fully commit to funding. NPV is going to be $1b plus if we double our resource alone.

25-Feb-25 08:04:42 trade price 7.50 325,000 Unknown*bid 9.00 ask9.50 24.38k

How does this work?! There’s some big numbers coming in now, it’s getting juicy.

This is worth so much more to assore than to us, they can build their own processing plants and fund it all themselves without debts.

Https://www.devex.com/news/devex-invested-what-us-foreign-aid-chaos-means-for-dfc-109180/amp

‘One source familiar with the situation didn’t believe any loan payments would be missed for existing deals but said the agency is not signing any new agreements or commitments until it is told it can. “People are just worried because they don’t know what to expect,” one source tells me.’

Hopefully that is true otherwise we may need to raise $1.5m to finish the DFS, not a major worry to be honest it’s a chance to get in cheaper. Mikes spread the risk of funding across continents, if the USA are slow to act Asia won’t be.

The split was 40.5% each to Atlantic and piedmont. The rest was government, MIIF and community development fund. DFS $1.5b npv based on a spod price of $1,587. Todays market it’s a npv of $840m. My thinking is Neil and Amanda have spoke to much, they’re letting Keith do the talking because this is getting bought out soon. Neil goes to pulsar, Amanda moves on and Keith will probably be employed by assore which is why he’s in the spotlight at the moment. They’ll hold out for RAT in march if we get it there’s gonna be an improved bid, if we don’t and there’s a delay there’s gonna be a low ball bid around 20p that the board will accept because it’s still £millions for them and they earned a good screw the last couple of years, set for life… IMO

Https://www.bnnbloomberg.ca/business/international/2025/02/12/trump-advisers-look-to-shift-us-foreign-aid-to-wall-street-ally/

I think that was probably a buy…

I don’t think I’ve ever seen a share in the blue on the day of a placing, at a 15% discount too.

I would buy more today just before a placing smh. You can’t write it.

I have sold some of my shares so I’m expecting this to rally now lol. It’s likely this is the bottom so a poor time to sell but on that interview it doesn’t sound like much news is forthcoming hopefully I can make a bit of money elsewhere and get back in here before ratification. Even Keith doesn’t see a case for full production @ $800 a ton.

Decided to take a risk and sell some other shares to top up here, 13:41 and 13:42 both shopping up as sells. Be lovely to double the resource. Good luck folks 👌

Keith’s saying April for ratification…

The feldspar alone is worth $1.5b, More jobs for Ghana in processing and ceramics. Perhaps the MIIF audit is lingering over head, they’ve been in contact with the mfantseman mp, minister for lands & NR it would be a great week to appoint Justina Nelson on board or show that we’ve communicated with her. We need some solid material this week because march is looming and parliament could adjourn at anytime in march.