Member Info for Andii

Also - late 2022 when the mine came under Marula's control and they were designing the process plant, Lithium was worth 3x what it is today hence Blesburg Lithium and tantalum mine, and not Blesburg tantalum and lithium mine

Https://ibb.co/JxbzqB7

Copper just broke out of resistance. Now $9720/t

https://youtu.be/mJtMaahdL0k?si=uxsxByjnXBEEgpUi

@7:20 Jason said it again #lithium

"Very quickly, these byproducts credits will dwarf the revenue from the lithium"

#copper

Also mentions that kinusi will be producing revenue this quarter and they have moved away from initial Direct Sale Ore DSO into a copper cement product which will sell for 80 or 90% of LME prices

@13m20s

"instead of on in aggurate making 20% of LME copper metal price, we will be making up to 80-90% of LME, 4 to 4.5x increase on return"

@7:20 Jason said it again

"Very quickly, these byproducts credits will dwarf the revenue from the lithium"

As not everyone will sell the warrants, and as the share price was up at 15p recently and warrants weren't being converted in large numbers, and as we have until 2027 for them to clear - I won't worry.

The warrants could quite easily start getting exercised and some sold at 20p but if the share price is trying to re-rate, holders will be reluctant to sell and new buyers will be happy to take them. Remember, at 20p, an existing holder only needs to sell 1 share to exercise 5 warrants. And they will surely not then sell all the warrants.

Once volume returns/arrives with new exchanges, I doubt the warrant sales will have much gravity on the share price

Https://www.lse.co.uk/rns/MARU.PL/update-on-activities-at-larisoro-manganese-mine-51c3bmefvf2w0uj.html

"processing equipment that is anticipated to increase the monthly manganese ore production to up to 10,000t over the next three to six months."

From Jason Brewer, we know that the dry weight ton sales price is around $3.91/t multiplied by grade (~37% minimum) (prices now improved over last few months so expecting this to be well over $4/t now)

Original RNS 1st March

https://www.aquis.eu/stock-exchange/announcements/4495283

"Ore Index 37% Mn FOB Port Elizabeth price which is US$3.91 per dry metric tonne unit (“DMTU”)"

10,000t x 37 x 4 = $2.59m revenue per month

Marula are entitled to 60% so this would be worth up to $1.55m revenue a month (possibly more based n price rises) within the next 3 to 6 months

Profit margin on the above expected to be about 50% based on historical costs of $77/t which new equipment could improve on.

Exit liquidity? I think we will be welcome of that extra liquidity when we find that 75% of the shares are locked away by long term high net worth insiders driving the company forward towards a high dividend paying share. Then new investors will welcome that liquidity

Https://youtu.be/mJtMaahdL0k?si=X6oyXbpa6OCzIhHZ

(Thanks to el Ferrito on telegram for the below)

AI summariser summary. Hence any errors.

Marula Mining CEO, Jason Brewer, discusses the company’s recent milestones, including a long-term off-take agreement for lithium, plans for the Deloro manganese mine, and the signing of off-take agreements for byproducts.

Highlights

0:09 👉 Marula Mining CEO, Jason Brewer, discusses recent milestones

0:41 👉 Long-term off-take agreement for lithium finalized with FJAX

1:40 👉 Plans for increasing production at Deloro manganese mine

3:07 👉 Long-term off-take agreement for byproducts signed

4:45 👉 High-grade graphite mineralization found at Neori project

6:09 👉 Plans for cash flow generation and expansion in the second quarter

8:36 👉 New project acquisitions and listings on Nairobi and South Africa exchanges

Key Insights

💡 Marula Mining has achieved several major milestones, including securing a long-term off-take agreement for lithium with FJAX and signing off-take agreements for valuable byproducts.

💡 The company is focused on increasing production at the Deloro manganese mine, which has high-grade manganese deposits and is strategically located in Kenya.

💡 Marula Mining has discovered high-grade graphite mineralization at the Neori project, which has the potential to host a medium-scale mine.

💡 The company aims to generate cash flow through sales of lithium and byproducts, while also expanding its operations through new project acquisitions.

💡 Marula Mining plans to list on the main board in London and the exchanges in Nairobi and South Africa, which will further support its growth as a business.

Https://www.lse.co.uk/rns/MARU.PL/manganese-mineral-dealer-trading-license-in-kenya-0o8sgk9obnw5ime.html

Manganese dealer trading license.

Sounds like Marula are not only going to be scaling up their own production volumes, but accepting material from other miners also and selling into the export market.

See screenshot of bloomberg terminal

https://twitter.com/AndrewMathieso3/status/1779879727139897761?t=cHyPglxwrLBpLIsQNmszRw&s=19

Marula mining share price has taken a beating over the past 4 months. Have we found why?

Monecor London ltd showing on Bloomberg as a size seller over the last 9 months. 6m down to 520k shares (as of end of Q1)

They are going through insolvency

Martini girl. I'm not sure if your right about the second placing being forward sold, but there were a lot of very big trades the day before, £150k etc, larger than most Pi's.

Surely something has to happen before the end of June as the auditor will require some guarantee that the company has working capital for the following year in order to sign off the accounts. Another EGM would cover it but they would need to ask for a lot more than a few billion shares as a contingency next time

Presentation being uploaded to the website next week

https://twitter.com/JB_MiningAfrica/status/1779130803370274983?t=IL-9avLXAEerEBxqoatISw&s=19

Updated list of projects, outstanding warrants and a list of all RNS's devided into individual projects. Many thanks to Kev on the very active Marula Investors telegram group. https://mobidrive.com/sharelink/p/3rOAlTRnizcTnUp3YCawr26Ez0b3lxSk3Wd0fb0hDCSj

Zak Mir and Biztech discuss Marula at 12 minutes in this video.

https://youtu.be/fvIQimW6c60?si=D2iarltiv4dWQP6z

Incorrectly identifying marula as an explorer when both Blesburg and the Manganese mine are producing right now although we are still awaiting the first sale. One thing for sure is the share price values us as an explorer.

Which placing are you talking about? Marula are fully financed, no placings are on the horizon

Brokers where you can buy shares are

AJ Bell

ii.co.uk

HL

IG.com

Not sure what other ones. An IG trading account or SIP can be set up in a few hours

As announced on 17 February 2023, upon the completion of the initial exploration program, Marula is required to complete a share-based payment of £100,000 to TMT through the issue of 799,361 new ordinary shares at a price of 12.51p, which is based on the 30-day volume-weighted average price ("VWAP") of the Company. The Company will also complete a share-based payment of £250,000 to NML through the issue of 1,998,401 new ordinary shares at the VWAP of 12.51p, as announced on 28 September 2023. In aggregate 2,797,762 new ordinary shares have been issued at a price of 12.51p per share (the "Milestone Shares").

"Blesberg has such a valuable assortment of minerals that extend beyond just the lithium bearing ores.

"We know that Blesberg was one of the major producers in South Africa of tantalum and we believe there is an opportunity through the sale of the coltan mineralisation that has been identified at the mine to materially enhance the project economics by concluding a standalone offtake agreement for this by-product of the lithium mining activities."

Featuring sovereign, panther and marula

https://www.youtube.com/live/tdCnhiaSYyk?si=oONUMr3O-Yi__fmf

Featuring sovereign, panther and marula

https://www.youtube.com/live/tdCnhiaSYyk?si=oONUMr3O-Yi__fmf

Check out marula mining.

https://twitter.com/JB_MiningAfrica/status/1778373707347403200?t=wD0PvChizU_mofH3tynNdA&s=19

$54m revenue from byproducts per year

Over $60m revenue from lithium SC6

Offtake shipments start in May. Already in production and building stockpiles ready for sale

Market cap under £15m

Last one Daz as you ran away from the Maru board.

https://twitter.com/JB_MiningAfrica/status/1778373707347403200?t=wD0PvChizU_mofH3tynNdA&s=19

$54m per year revenue from the byproducts alone at Marulas lithium mine

$54m revenue per year from Blesburg byproducts

https://twitter.com/JB_MiningAfrica/status/1778373707347403200?t=wD0PvChizU_mofH3tynNdA&s=19