Member Info for Animal

My prediction based on what we know and some uninformed guesswork, being optimistic:

Step 1 - the turn as Fortitude puts it. In no particular order. Phase 1 update - recommence mining and production on a small scale at Homestead. And announce farm in partner/s and letting of contract for pipeline.

Step 2 - confidence building: phase 2 step out drilling to further define the total resource and other minerals?

Complete guesswork but I have a good feeling.

Suspect Lambo made his 10-15% and then Eff’d off.

What was our MCAP back then? Got to be a target with news, surely. There again, you know what they say, “buy on speculation, sell on news!”

It’s all still speculation at the moment, Lambo so you’ll have to forgive some of us for appearing reticent to jump on the bandwagon just yet.

Newbies should know that there’s a way to go yet to an operational mine. Water pipeline will take 12 months.

Morning, Islandgirl, morning all. No RNS dot this morning...boooo!

Still, nice to see new investors.

In the bad old days prior to Kennedy acquiring it, the mine life was quoted at about 8 years, which made me squirm a bit when I saw it while doing some research. The JORC should indicate a much longer life, which is why I think Larry has spent so long getting to where we're at. No JV partner worth their salt would enter into a JV and commit a few million $ to a water pipeline and mine equipment upgrade unless there was a decent mine plan.

Larry says he's 110% committed to this and everything is going according to plan. He's bringing to bear 35 years of experience in the Ta industry. I'm with you Lambo. Just wish I had your pockets lol!

Good on you, Lambo. I hope you make a nice return from these levels. I suspect your 4M put the cat among the pigeons. I emailed Larry and said, 'keep it up' but I suspect it was your large buy that did it and not impending news. I'd love to be wrong.

MrC - I know, a small flurry flushes 'em out.

RNS in the morning then is it?

JORC first. Pause. Then farm in?

Hope no raise. Not at this price.

The fabled MMs’ 1 signal being shouted perhaps?! Who knows. I remember back in the day of Gold Oil I put in a big buy and it was split so that there were 3 or 4 parcels of shares and the last parcel was 1 share. I thought it strange at the time. A few days afterwards the SP rocketed and I made £40k in a single day on that top up. Then watched it all disappear as the fabled news didn’t meet expectations. AIM casino all over. I was gutted.

LOL! Apologies, my Ego got the better of my Id and I found myself typing it before I knew what was going on!

I absolutely believe in Larry too. He likes things done in the right order. Wish he’d use social media or something to keep us all better informed though. But not his style.

Fortitude, are you Larry?

Nice to see some payday buying and ticking up. Still lower than the recent placing.

With an operating tantalum mine and selling lithium too, you’ve got to believe our MCAP will be £30-50million. Question is, when?

100 fold. Steady on. JORC will probably only get us to just above a penny maybe 2p. Big news will be partner for developing the mine and pipeline.

Still below the recent placing price. That investor who ploughed in £400k must have seen something they liked in this.

Heard Larry has been in touch with all the major Tantalum users with some visiting the site to see the operation in the past year. Remember also that we’ve had expressions of interest from more than one company for supporting mine development. That was RNSd I believe.

It’s a 2:1 punt at these levels imho. Can’t see this less than a penny when White City JORC comes in.

And they will look for a partner for phase 2 step out drilling.
https://t.co/1zkhpfsUtl?ssr=true

What do we know? Last para of RNS from 7th Aug reads, "We are very pleased with the initial drilling results at White City and additional results from channel sampling at Purple Haze, of which sample grades confirm the particularly high concentrations of lepidolite mineralisation at the site.

"These additional results are an important step towards expanding the high-grade Mineral at Homestead and Purple Haze and will enable us to set out the Phase 2 exploration step-out drilling which we expect to delineate further Mineral Resources across the property.

"We look forward to the completion of Phase 1 drilling at White City to be completed within the quarter and expect to report a Maiden Mineral Resource for White City in the fourth quarter of 2019."

I’m guessing news at the start of November.

Don’t think so. They’ve been busy on JORC drilling. But I’ll ask what it would take to get it back online.