Member Info for bottomsup

With large profits coming in this last quarter and results due..

This would be a great time to buyback upto £4.5 million shares while the share price is low.

It will be interesting to see who brought the 120million+ shares

67.5 with Barclays to buy dropped 10p from opening

– Munkoyo (renamed the Molefe Mine) expansion remains on schedule with the delivery of run-of-mine (ROM) from the expanded Pit 2 to Sable which recommenced on 19 September 2025 reaching 1 122 tonnes of high-grade ore delivered for the month of September.

§ Copper grades delivered to Sable have started to improve following the initial open pit development with grades currently exceeding 2% copper.

§ Pit 2 targets a mining rate of 80 000 tpm including both a high-grade ROM and lower-grade ROM portion.

§ The high-grade ROM which is delivered to Sable is being increased from 3 500 to 4 500tpm over 45 days, targeting to reach 8 500tpm during Q3 FY2026.

§ Lower-grade material (on average 0.7% Cu) continues to be stockpiled on site reaching an approximate 2 million tonnes to date.

§ The lower grade material is targeted for future on-site processing, with plans for two 30 000tpm modular processing units being investigated.

§ Funding discussions are ongoing for the modular units pending confirmation of final capital costs based on current pilot trials underway, expected during Q2 FY2026.

§ A resource drilling program is continuing which targets to upgrade the resource confidence and optimise open-pit design with the second phase of drilling expected to be completed by the end of Q3FY2026.

§ Phase 2 of the drilling program is specifically targeted towards upscaling of the detailed mine plan for pit 2 at Munkoyo while expanding the drilling program to include further resource definition for the future Pit 3 to Pit 9 expansions.

§ It is envisaged that the satellite pits will, in-time, be integrated into a large open pit based on early drilling results indicating the potential of a continuous copper mineralisation.

§ The Company has increased its foothold in the region surrounding Munkoyo by securing additional exploration permits.

§ The Company continues its joint venture discussions with potential partners to undertake, on its behalf, the resource review and mine planning for the wider Molefe district inclusive of the secured additional permits, allowing the Company to focus on the implementation and expansion of the processing solution. The Company has an internal target date of end-October to finalise these discussions.

Hi Metal trader

Can see why your avatar.

Tricky times being a trader with Trump in power.

He only has to say a few words and a price can rise or drop.

Long term Copper will continue to rise.Demand exceeding supply

will we see a rise above $11,400 ??

On the AGM afraid not all my leave is going on my long holiday to Japan.

Was a regular AGM attendee when I owned 3% in an aim company.(delisted)

Maybe next year depending on how busy I am .

On the share front not bothered on the price as it will come good.

Look at it as an opportunity to increase while it’s cheap!!

If we have a super pit which covers a large area then the share price will take care of it self.

I wait to see who the partners are on both the waste dump and the pit.

A well known Chinese company will do .

9 weeks or less on both and hopefully a update on resources.

Share price yes frustrating while I see many going up but I have always said I am here for the long term.

All my investment is in Isas.

Metal trade

A breath of fresh air with Jonny on board.

Investing on the stock market while the rest take their salary and obviously don’t see the company going forward in share price .

If I was a director I would be investing constantly

Damm already have this week and last week and last month and every month since I started investing in here.

When we receive a constant dividend in two years time I can retire🤣 unless trump has his way .

Metal trade

You can always email Jonny with your questions .

He will answer where he can.

LME Copper

10867.50

1.86%

Flying

London’s metal traders might want to hold on to their hard hats.

Citi has turned more bullish on both copper and tin, arguing that the market is starting to look beyond short-term demand worries and towards a tighter supply picture.

its latest Metal Matters note, the bank lifts its near-term copper forecast to $11,000 a tonne, up from $10,500, and sees the red metal averaging $12,000 by the middle of 2026.

That outlook is supported by what Citi calls “growing confidence” that prices can break through cyclical headwinds as the longer-term demand story reasserts itself.

A combination of energy transition spending, recovering industrial activity and slowing mine supply could, it says, bring copper to $12,000 sooner than expected.

Some nice buying going through at the moment.

3.75p on the disclosures or partnerships and resource update.

Yes but for 6 months we are benefiting on the high price and we will get paid early if the price stays the same or above .

Copper still climbing towards $11,000

Short supply over the next few years will take it above $12,000

Will the company be producing 20,000-25,000 tons.May be if all the partnerships go ahead.

Eagle123

I can inform you from experience of holding 3% in a company on AIM

if you have 3% or more of a company you will get information which Pi do not get.

The problem was they were not listening to the right experts on platinum future rise.

Iam surprise they didn’t know before hand they were going to lose a large contract with the building of a New Roan by one of the companies who were supplying them when they were announcing a target of 2 million tons of chrome.

We can all look back and wonder what the share price would be know.

Some on here forget we are still making profits from South Africa until end of December.

We have platinum up 68%

Pladium up 40%

Copper up 22%

Look forward to the quarter results.

LME Copper

10761.00

1.00%

My feelings are we have a superpit wenting to be awaken.

We probably won’t know for a year.

If so all and sundry would want to partner with us so it will be interesting to see if we have a minor minding company or a big one.

The grade coming out of pit2 at over 3% feels me with confidence we have brought a stonker land mass .

Time will tell in the meantime we are opening up to a large pit

On change 11 investors want change from the first post of the day.

It’s good to see so much debate on here.

Onwards and upwards one day

Their the problem

Nobody knows why production has decreases at Roan in September

Communication lacks

Jm

I assume sable was put on maintenance for two weeks while the pit work was being done.

Hence no Roan was being processed at Sable causing the drop in production from Roan.

I say assume because the company has not told us the shareholders this has happened.

We have a CEO who makes out through his pod casts/Rns everything is going well with Copper production .

The expectation was Copper production was moving forward not backwards hence investors buying more shares.

HONESTY goes along way with me and I just don’t believe we have the right person leading the company.

It time for the company to step down and replace our CEO with someone in the industry with experience who is respected in the industry and shareholders.

Every month I invest I think the share price is recovering and buy more shares to find my investment being knocked again and again with RNses

You as a private investor can now see how frustrated we are with our CEO in how he builds and then knocks the share price down.

We also seems to have invested in waste where it not viable for the company to process was this also made by our CEO.

I believe for the company to go forward it’s TIME for change right at the top .

You have asked about buybacks and dividends which some have given their views.

Now

Look at how many posters tick ✅ my post for change.

At least we know who was selling over the last month.

Whose the buyer

Down she goes.

Similar story momentum builds and then the RNS comes out .

Wow

What a well detailed update.

Love the grades from pit 2 targeted grade of 3.35% Cu.

Lots of news to come.