Member Info for 5x5Croire

FME have an RNS out this morning, upgrading their Panton PGM resource.

"Future Metals NL ("Future Metals" or the "Company", ASX | AIM: FME) is pleased to announce it has an updated independent JORC Code (2012) MRE for its 100% owned Panton PGM-Ni-Cr Project. The upgraded MRE further establishes the Panton project as the highest grade PGM project in Australia and one of the highest grade undeveloped PGM projects globally. The MRE also includes an estimate for the Panton deposit's chromite content for the first time, positioning it as one of the only chromite projects in Australia, and one of the few in a top tier jurisdiction."

Yes Nap, let's hope it's excellent news and we get back to a more realistic price. GLA

Let's face you wouldn't go all in on this one. Worth a punt, in view of the location of the JV, next to Azure. In for a few grand, could go either way. The GRE bod look ok. ARV crowd are a bit random. Having said that, as someone pointed out on Hotcopper, the Radio Hill plant could come in to play. Will hold and wait to see how it plays out.

Https://azureminerals.com.au/asx-announcements/

Smiller, know you are looking at Uranium, have you considered Graphite?

https://themarketherald.com.au/5-asx-graphite-stocks-to-watch-as-china-export-ban-causes-surge-2023-10-24/

Not totally O/T as the comments about China v USA could be pertinent. China seems to have banned the export of Drones too, citing National Security.

2.3c is about 1.2p, didn't go down here previously when the asx listed shares did.

Crikey!

Have a heart folks, he is just an extreme version of 97% on here. The other 3% are those who continue to ramp, no matter how bad it is. Clearly English isn't his first language. No need to kick a man when he is down. Anyone who is happy about the current price, is delusional. Takes all sorts to make a world, give the guy a break. GLA.

Smiller have you been reading the GGP board, some interesting post about uranium. Apologies for the O/T

A kitchen with an attached house?

No way IOCA formation was BBG's decision. Makes perfect sense if you plan to sell the DSO part of the company, to split it out. Sure many here would not like to see it happen, coming to the conclusion that it will be sold, provided a buyer can be found. Would only be happy with a decision to sell if the price is right, so 2p+. See the PM price battle has set off again, the trend is up.

Long term. How long? Would prefer to be out of here in the next 1- 2 years, with a half decent profit, sooner the better. If the West does go into recession next year, as many are predicting, we could end up with very little. Not to mention how things could kick off even more in the Middle East.

Cheap under 2p or £120m

Cheap

You have to think this was the reason a company within the company was formed. It would be a great package, Han'k ready to go and the big prize, the Brockman tenement.

Some valuable insight from Mike McGlone

https://www.youtube.com/watch?v=FizYN_1P6k0

Several others also available.

Thanks Dip, great work again. Do you intend to use this to form your future investment strategy? The average PI can not complete Due Diligence, to the same extent as major investors. You hear these guys get face to face with CEO's and visit mine sites etc. The Bull & Bear mkt comment, just the major indexes or the PM/Commodity mkts? At the risk of cross ramping, I put more in GGP last week.

DFS commenced 3/8/23 - does anybody know what the likely timescale is? 9-10 weeks so far.

29th Sept RNS, also said half year results are on the website, with notes - can't see them?

Hi Dip, See an earlier post by Mr.v, he had a reply to this point. Which basically said discussions are ongoing with Windfield. If the poster on the other board is in the know, as he claims, a sale looks like the preferred option. He & Hydro had some very heated and vitriolic exchanges, about the time of the last fund raising. Without sight of the contract, which is not about to happen, I think the info. provided in the RNS, is ambiguous, probably intentionally. The Ostrich Effect means that most on here are not willing to discuss this topic. I hope for all our sakes the PP is not going to hamper us going forward.