Member Info for BricksSA

Roughly 2.5% of the stock has changed hands today....here's hoping they are LT buyers....:-)

@ Oiltap...You have hit the nail on the head !! again. I agree :-)

I estimate about 275M shares still to be taken up by LT shareholders and then you will see this baby fly :-) IMO

"Had to dig this out from the London Stock Exchange but apparently they have over 3 billion shares listed there as well. So fo far over 6 billion. Have to dig out how many shares they have listed in South Africa".....From a guy called The Core....Lol !! he is adding up 3055M x 3 ...he still has not noticed its the same amount on all 3 stock exchanges...:-)

https://www.sciencedirect.com/science/article/pii/S0375674214004191

https://link.springer.com/article/10.1007/s12665-014-3161-5?no-access=true The above link contains many references which may or may not be helpful. Its worth perusing though :-)

Its already .002 on JSE...3C a share 0.002 GBP =0.0333965

Some more added...including this :-) Mining and metallurgical methods and parameters Based on their orientations, thickness and depths to which the ore body has been modelled, as well as the estimated grade, underground mining is the intended mining methodology.

I agree...including the silver in the Jorc was definitely worth the wait and as you rightfully say...gives them more options... :-) and of course a strong hand around any negotiation table :-)

@Oiltap...In one of the interviews I picked up Myles saying that they could forward sell the Silver....This being the case the funding for further development and ultimately mining is already there and no need for JV or sale...This I believe is the primary reason why they wanted the silver included in the JORC....IMO...Interesting times ahead...:-)

Yep. I notice he always shouts it down or has a skewed outlook. By the time he wakes up it will be too late. The "changing of the guard" would have taken place from old to new share holder base . With the new management team at FCR just about in place and new Share holder base just about in place expect demand to exceed supply very shortly...The market will dictate the price ultimately ...and guys like him will cry again....:-)

@Martina...couldn't agree with you more.... as far as the "old shareholders" go .....the sooner they sell out and get out the better....too much baggage with them and the old FCR management team.... IMO

You erred again Junior :-)

@Martina....How will the quality of their Shareholder Register improve if they ditch the JSE listing ?

Junior....dont you think its past your bedtime and the lads are getting fed up with your quirky posts. Drink your milk please and go to sleep !!

Very good question...Does the JORC cover the complete license area ?? My guess is no...but perhaps it may be worthwhile asking the PA of FCR.......

The flight path of FCR should become clearer in the next few weeks/months. I do agree its all very positive news for everyone at this stage....and we should just be patient :-) ...

Do you think it is possible or highly likely that FCR will not enter into a JV or new share placement which will dilute the existing SH base...as they have all the right skills and team on board to actually take this into a very profitable mine....and a large one at that and take out a loan with a financing house based on the value of this asset ? Payback period should be relatively quick if they start with the shallow mining first.... This would be an interesting scenario to paint :)

Have you heard about loans ??

The JORC report effectively IMO forces a correction or re-rate of the SP. This could take a few days/weeks....IMO