Member Info for BricksSA

I’m a bit disappointed that they gave so much away of Toral effectively EMI Spain to another junior miner for so little… On TSX they are trading at 0.14 C$ per share and we as EUZ were trading at multiples of this two years ago….In Denarius half year financial report they say “ As at June 30, 2022, Denarius has a cash position of $7.5 million and is currently evaluating its options to raise additional funding to take the Lomero Project to PFS-level next year and to fund the continuation of its ongoing exploration programs at its other projects next year.”
So if they needed funding before this JV was announced they will now be requiring additional funding to see this through. So their shareholders will have to cough rather than EUZ shareholders ….and when they get 80% of EMI…..that effectively means EUZ will only own 20%…. A bit of a slap in the face for LTHs imho.
And Denarius shareholders will own 80%………a strange deal indeed to say the least but I guess it’s better than losing everything. Good luck guys and and I’m pleased you got a bit of blue today that you all so richly deserve.

Lol…from LCs perspective I don’t see a difference between this so called IPO and a placing anyways….so imo Patientzero has read this well…..
The problem is you don’t even realize it is actually a placing….IF and I say if the IPO happens it will be another company owned by Kibo with more shareholders anyway !!

Well the first thing that springs to mind not to like is This IPO may not even fly as I am fairly certain AIM will do some due diligence here ….and this may not even happen as LC pulled this out of the hat imo to stop the doors from closing I reckon….and it’s not certain that the IPO is a given….so put that in your pipe and smoke it !!

How does the creation of a shell company and calling for new investors ito issuing an ipo as the old investors have been milked to an extent where they can no longer dilute them further under Kibo’s umbrella actually add up to “fantastic news” …..good lord how can one be so frigging obnoxious and stupid at the same time.

Lols….and the milking continues …...just in a different form.

My apologies Looney…I told a white lie in my last post….it’s not 5 Years that we have been milked….it’s over 9 years and almost 10 !!!!
https://kibo.energy/index.php/kibo-mining-plc-capital-reorganisation-and-issue-of-equity/

Lols Looney….you gotta be deeeep into this ****e if you can’t realize you have been milked for the last 5 years and will walk away with nothing….and I so hate to see people losing their socks on aim. Anyways…I wish you the very best but NEVER say you were not warned.

2000000

Exactly the point I have made on a few occasions now but get lambasted by TR1 holders that can’t read a balance sheet. Kibo have NOT made a single penny profit in the last EIGHT years….the doors I am afraid will be closing soon.

If you look at the graph we are in the top right quadrant and on most charts that’s the right place to be ….:-)

I think you are right Teaye….maybe MP and EUZ were interviewed on the same day previously perhaps ? That quote does seem to relate to a defense contract which MP picked up along the way……GLA

MP Materials Corp. is an American rare-earth materials company headquartered in Las Vegas, Nevada. MP Materials owns and operates the Mountain Pass mine, the only operating rare earth mine and processing facility in the United States.

I think grappa may be right….an RNS today perhaps ?
I clicked on the below link and it came up forbidden…..so maybe they will open it up later.
Today's Market View - MP Materials, Europa Metals Limited ...https://www.proactiveinvestors.co.uk › companies › news
Raj. 22, 1443 AH — Funds will be used to design a commercial-scale operation operated by MP and servicing HREEs for products into the DoD and civilian applications ...

From my understanding there are over 20 coal mines for sale in South Africa…..however I don’t think anyone can actually create a viable business case for them anymore….strange but true.
https://www.hrw.org/report/2022/07/05/forever-mines/perpetual-rights-risks-unrehabilitated-coal-mines-south-africa

Hmmm…wonder if the tail is wagging the dog or vice versa ?

Lols…but it’s definitely not something they want to tweet about :-)

EIT has 366 partners….of which EUZ is not one of them….so maybe they have applied ?
https://eitrawmaterials.eu/partners/page/6/

I did some research on Kibo energy and found that they have not received any revenue for the last 8 years….I mean 8 years !!! The only income they have received is from placing more shares on the market and shareholders have coughed every year !! Why they did not receive revenue from the coal mines they supposedly owned is beyond me…. Just don’t understand this company’s business model. Still an exploration company imho. You will not get a dividend here for years. I have now sold up and out of here. Good luck guys.

It may be a holiday in the UK but in SA it’s bau…business as usual….and believe it or not….the tail is still trying to wag the dog !!!! https://www.moneyweb.co.za/tools-and-data/click-a-company/KBO/
When will they ever learn ……

And to be quite frank….whether one has one percent of nothing or 50% of nothing or 90% of Kibo….we all have nothing until LC does something about it !!