Member Info for AIMtodeath

They had some money probably not a lot, raised AUD$25m.....but end of quarter have AUD$13m...

That's some spend!

What cost then so much?

You don't complain about it girlkini when the price is rising so you can sell your trade pot....

Funny how it only matters when you are looking cheap shares again....

They change their angle and ignore the correction....

Just a process of obfuscation.....

River sediment has been declared as used as land reclamation...... they will need many 'building materials' to build roads, buildings and industrial parks.

Ignoring anything that Phulbari can offer in building materials how in the far north are they going to get ANY building materials in..... and they will need a lot!..... however that happens it will be how anything from Phulbari gets there. That's your answer. I think the general word for it is transportation......read about it there are many different kinds. I'm sure in the 19th century up north they have invented the wheel at least, I'm sure they will find a way to move things around, they must be able to, how do they travel and move their agricultural produce around?

Would I say for example transport from the south bricks....or would I use materials closer and make the bricks locally using local materials.

Do farmers have a million tonnes of sand and stone? Or is there a place reasonably locally with all the materials? 'Should' it get the go ahead....

Even if it does no guarantee they will want, need or be able to get what they want.....but throwing up weak arguments for the sake of it is tedious and certainly with a clear agenda.

Have a word with yourselves...... cry babies...

How will they get the many tons of any building materials to the north?

The dredging is for LAND RECLAMATION...... not the roads and buildings..... it is written in English if you know how to read....

Plans include using dredged sediment to reclaim land for building roads, satellite towns, and industrial parks.

Reclaim the land with the sediment......then you can build things on it with 'building materials'....

They can buy that stuff anywhere, but it would be handy to sell it to yourself locally..... instead of on the market. Guaranteed supply of exactly what you want (the stockpilong at the mine done in a way to provide for the river project in unison), local (not sure how much of this stuff is produced up north on agricultural land) and probably a better price.

No guarantee they are linked, or will be. But if PC is doing both projects I can be pretty sure they are going to sell the materials to themselves!

Its like taking a phart in an elevator....on purpose.

If they said ohhh say 5p is possible on a technical basis, or that news coming up will be poor or x, y or z will have a dampening affect on price that would give credence to their 'opinion', that it had some intelligence behind it.

Dribbling back to 4p is not that....

Posting...'dribbling down to 4p' very much tells people the type of person you are.... and highlights your personality, which frankly isn't nice.... and it is not just a view but a positional posting either to affect sentiment or just rile other holders or both....equally a poor quailty of personality.

Some however post ridiculous statements, which just shows what type of person they are....

Blah, blah....

White noise....

Websites report buy and sell themselves, the data fed to them is just a transaction price and quantity.

If a transaction fails below the mid point of the market spread the website says it was a sell and above a buy. It is often possible to get what you perceive as retail buy and sell transactions both above or below mid point so they both get displayed the same. For example the difference is the actual buy will be right at top of spread and the sell just above mid point.... they both would be shown as a buy. Opposite of the both below.

There is no conspiracy or games played....just a simple bit of code that can't handle both transactions one side of spread.

Funny that it's been rising since 6.45pm....

False alarm in Iran they activated air defence in Tehran for fun, no attack. Algos went off....

They have normally drilled 3 holes from one pad...

Decent offer being the operative word.... 10p wouldn't be decent and the BOD would say so, often offers that are terrible are not even reported until later on.

If you wanted to take this you'd also want to take a piece in open market getting as many as you could, a quick rise would have people falling over themselves to sell to you. Coffey probably adding several million a day to sellers. Price creeping up but he'll happily pay 8 to 10p to accumulate. Which could be why is is slowly bubbling away....big hands happy to pick up trader and multi bagger profits

Sam, seriously EVERY company in exploration WILL dilute regularly through each phase. How do they pay for more drills, for met tests, for studies, environmental assessments etc....pay the staff.

What you hope for is progress and value creation that raise the Mcap so raise become 'less dilutive', plus the chance of US Gov funding is high.

The one big thing proectign this company from takeover is the fact that due to decent valuations Mcap will be well inexcess of CAPEX and there will be Govs lining up to pay to get it into production....

Take a £100m company with £1bill in Capex, average production and you have a different story

It wouldn't even get to shareholder vote 10p...... and if 10p came in, then others would offer more, no one would watch this be bought for 10p..... US Gov would spit out its coffee if it saw that happen.

£100 million to get to production.....we'll easily get hapf that in debt...... and at a valuation of say £400m at DFS, raising £50m in equity will not be hard.... But I dare say we might also have offtake partners that will pay up front to LOCK down the production.

I think you'll see that. We've got really exciting news coming up with regards to additional metals, both. Within the actual Redmoor footprint, but as Dennis has indicated as we extend out laterally and in depth.

Dennis, Where do you plan to explore next and why?

I think this is a great question where we can bring in some of the potential upside we've identified, but also some of the work we've released to the market but didn't make it into this particular cut of the model. Yeah, so, with the drilling this year, we obviously have highlighted mineralization outside of the ched vein system, that is both in front of or behind the ched vein system. So the model, for the vast majority of the model, it captures the chuted vein system only. The only bit that is included separately to that is within the tin high grade zones, because it is basically a tin, a tin deposit. The, the north tin zone is currently included as part of the tin zone, portion of the, of the resource. This will be further strengthened and separated at a later stage, once we've completed a, stage of relogging and sampling of some 2017 drill core. We have finished the 2018 drill core. However, the model and the new deposit model and jaco model has also highlighted a sig a significant number of additional grading zones outside of the sheeted drain system, which the team are now taking additional samples of, and we will obviously come back to the market later with updates on those. Outside of Redmoor, the, wider Tame Isle Valley licence area is, very prospective. There are a number of historical mines, which were mostly copper tin mines, or in, some cases, lead, silver. Between these mines are a significant number of unexplored zones, or like the plantation vein, which was drilled by 12 drill holes in the 1970s, targets that have just been left. The plantation vein itself is, a key portion of our, of our focus, and we have a team member who is quite well advanced on, a piece of work with that. And we will again come back with an update as we advance that.

This alludes to the TOMRA and XRT

To what extent are you considering third-party processing options (e.g. regional facilities) to reduce CAPEX and accelerate development?

So all options are on the table. We are determined to get this project into production, into fruition. There are some regional processing opportunities. There are some global processing opportunities. I would say our focus. Now is to is to work out a plan of operations in line with the PFS and as I've already alluded to, there may well be some very significant CE savings we can make by utilising some of these synergies in the regional global context. Dennis, do you have any comments on that as well? Yeah, just to, add to that, obviously all options are studied as part of pre-feasibility study, that is whether we process on site. Or we process off-site. But the key factor of processing off-site is a piece of work that we've already started, and again, we demonstrated that, recently, with the, with, myself and Rowan going to Toma in Germany. So we have, we are ahead of the game in with regards to PFS workflow for, off-site processing, because we're all on-site processing, because we've looked at alle sorting technology. We've given samples to Tomra to look at the amenability of our ore to. Be processed via an ore slaughter, and in both cases, whether on site or offsite, the ability to pre-concentrate our already high grade ore will have significant benefits for both either processing plant size and capacity, or the amount of material that needs to leave the site to be processed elsewhere.