Member Info for airborne

That £5k is a buy and is my absolutely last sum of cash to put in here!

Someone with a CV like that doesn’t join a sinking ship! EIA must be imminent to add someone to the payroll, and with such close hurdles in his package. All good to go.

‘Yeah, my average is 9.9p. Anyone who bought in above that is a mug’. There - eleven’erife.

Helpful kind of comment Dalt, just the type to make people get irritable with you. Well done for such a low average. For everyone else gritting their teeth and looking forward to their investment swing from red to black to blue - it won’t be long now (ever the optimist, here!).

LOUD NOISES!!! It’s blue. What on earth…

I thought this was a share where I just saw a negative number anytime I wanted to make myself feel sick, just by looking at my isa!!!

A £58k trade sell at 10p on Thursday. No wonder we’re lagging down here if the MMs are sitting on shares. We just need the first inkling of when the TEC is, and we’ll be off to the races.

Surely the directors can carve out a couple of hours to get an update put together, from their stock 35 hour working week?! I’d expect them to be putting in whatever hours necessary, and at the moment I am at a loss to what they’re actually being paid for (as they haven’t told us!).

I took my optimism pill this morning and…

The lower this drops from fair value, the more it will springboard north when the EIA is approved. That will gather attention from the usual AIM howler monkeys so we should all be able to exploit the short term growth.

As always, thanks DRJJ with your fair comments and research. I am somewhat irritated by the lack of any news, which I have to take as ‘ongoing and positive’ work on the EIA, as otherwise it would have had to of been RNS’d. Therefore we must be approaching that news soon, but it’s always irritating when your investment is showing 25% down!!! I know that it’ll swing across faster than my eyes will keep up!

good comms - progress updates - are a definition of a well-managed and shareholder-aware company. The ability to assure and build a solid base of information, prevents rumours and speculation on outcomes. Whilst there is some work on this, the Nomad should be earning their keep. while I'm sure there is some satisfaction / complacency that 70% of shares are locked in right now with IIs / investors, it is always the little guy who gets the bruising on news drift.

I didn’t mean the oil spill affecting the Damsila site! I meant that the enviro lobby getting a head of steam up and making a play on the fact that the ‘beaches and dunes need protecting - look what harm can happen’. Anything to shake the normal processes would be problematic

There is an ongoing epic with a sinking and burnt-out container ship off Sri Lanka called the MV X-Press Pearl. sounds like a complete cluster, as the ship was three months old and has burnt for 13 days. now sinking off Colombo

"A burnt-out container ship that has already caused Sri Lanka's worst maritime environmental disaster was sinking Wednesday with nearly 350 tonnes of oil in its fuel tanks. The MV X-Press Pearl, carrying hundreds of containers of chemicals and plastics, burned for 13 days just outside Colombo's harbour before rescue workers finally extinguished the blaze on Tuesday. Dutch salvage firm SMIT attempted to pull the still-smoking wreckage of the 31,600-tonne vessel into deeper water on Wednesday but the effort stalled."

I don't think it'll affect CMET, unless there is a big polution spill (looking unlikely) but the ministry could well be very distracted from normal business... which could help explain why we're waiting and waiting for the news.

That article is about silica sands from riverine catchments. Not links to cmet. Also dates are July last year so all known issues here are factored into the business model. Non-story.

But to the OPs point - it’d be bleddy good to have some news about what’s happening…

There are a number of useful heavy minerals which come from the mineral sands which are found in Sri Lanka. Rutile in particular is used as a white pigment in the production of all manner of things, but especially noteworthy in paint manufacture.

So it's good that I like to watch paint dry and the rutile making its uses known, as thats the feeling I have here waiting for ANY kinds of news...

That’s what I’m taking the silence as; nearly there but having to prove something up. Bad news would have legally been required to be RNS’d.

Like a child, ‘are we nearly there yet?!’

KLKI is a Sri Lankan company and one of the principle investors so I’m comfortable there is enough lobbying capacity available to CMET

good article. i'd say that CMET have ticked all of those points about building the workings in the most compassionate way to teh environment. timing of the article gives me hope that news is getting close.

If anyone from CMET reads the bulletins, please can we have some clarification on what's taking place as we're nearly a month beyond when you last forecast that we'd know about the EIA!

Anyone else wondering what the games are that are going on, with the late trades coming through nearly every day. Always quite big and normally a buy.

Very reasonable assessments. Remembering KLKI are into this for £1 a share still from the PAL days, I would expect the share to surpass that this year, at a good pace. They wouldn’t have sponsored the RTO if it wasn’t going to produce them a healthy return within a financial cycle.

Absolutely concur - nose close to the EIA (proportionately!) and so I’m sat holding tight. This has a huge run ahead of it once the licensing is in and with the potential for more km2 it’s got multiples written all over it. It just needs to come together. Sri Lanka needs the income and this is a reasonable way to capitalise on natural resources without leaving a ever-lasting trail of destruction behind it.

Decent long term jobs, UK registered so mandated under modern slavery legislation to treat them with respect. Supplemental development around the plant creating more jobs for locals. This is going to be life changing for those families nearby, and not for professional objectionists who are already well set.