Member Info for Ballio

Kyle has been CFO to CC, I think he may be a stronger financial candidate than HK. Based on the kind of performance and work carried out at CC in the last year. I welcome KA. SP Angel Nomad should hopefully improve the quality of our RNS quality too. Here's hoping.

If the theme continues, positive news and a poor response I will be forced to top up again. We all know that the testing on many fronts that has been ongoing for months now has significant data to prove up value. But if the market chooses to poo poo that then I'm OK with that. This share is not about fluctuations, it's about a holding and belief in asset value. Best of luck to all, a simplistic approach to this business is best IMHO. Use fundamentals and make your choice.

with my developer hat on: Buy Zeb for $300m, approach a bank for a loan to build the mine ~$800m. Build the mine and in the process sell the magnetite, and pay back my loan and gain a few million. This all happens before any Nickel has been sold. Not a bad proposition.... This is all in the presentation, and it make sense. We just need a bit more information John my man.

Anticipated figures from previous presentation: 25kT/Annum Nickel @ current prices = ~ $345m annual sales Magnetite overall project contribution = ~ $362m after mine costs of $800m..... So effectively as i see it, you build a Nickel mine but the magnetite on the site pays for the mine and lines your pockets at the same time. LoM TBC but you can bet that will be a figure JZ is currently working on increasing. The above are also based on old methods of magnetite and nickel extration. The economics looks much rosier when you add the leaching results to this. Like i say LoM is going to be needed to add some weight too, i cant find much on this. But, this should give you a slight idea to the value of this project. Presentation says NPV $1bn...... based on poor extraction process. Id like to think this could sell for $300m+

cheers Ham but im not into oilies, not my cup of tea, farrrr to much uncertainty in exploration and suring up resource.

if it is then 1p aint no thing

I hadn't considered that HUM would increase their stake or even buy out the rest of the holders? But as you say, once the risk reduces and closer properties become more measured it makes sense that HUM gain more of those assets, especially if they turn out to be big winners from an extraction point of view. Needless to say, its going to be a very interesting few years for HUM and its neighbors!

as others have said, this company has valuable technology, but has little value. It will be a cheap license and patent purchase for an Amazon, Google, logistics company etc But it is sad to see it fail, but then failure is often a reflection of poor actions and in this case that is true. No sympathy for BOD. Meanwhile if the prices is right, worth a go.

Afternoon people, I'm in my early stages of digging into this stock after a friend showing me the origins of the BoD's which shows promise regardless of the enterprise. I am finding it hard to unearth tangible documentation regarding the long term business plan and the current developments of the business. I know the term "off the radar" is used a lot on this board having watched for a while and just listened. Could anyone please give me a nod to the timeline and hopeful developments if they are in the know? Cheers