Member Info for British_Mike

I've mentioned before - MKA's patent hydrogen recycle investment (still pilot stage) could be massive if raw NdPr concentrate prices increase.

What's the odds in PRE and MKA merging in the future years for large-scale patent hydrogen magnet recycle technology and extra resource. Surely extra carbon credits for going full-cycle in extraction-processing concentrate-recycle. The recycle of REO's is important step not to be over looked

Not sure about Kasuku - is that the first well?
Itumbula looks a good play... tests upper trap and some nice deeper tilted plays that could be sealed good and close to basement. Miombo looks tastey also.

I think the biggest risk with the drill is if there's a decent reservoir seal. Yes, 10% helium seeping from the ground hints it's there and good quality but seeping from the ground is the migration trapped?

Oil and gas traps require seal but helium is soo light and can escape from any weakness in seal quality. The Crux interview suggested if all the wells fail on this campaign thd option B is the salt seal plays that are currently less researched at this stage

Ok, thanks LB

Thought things were going to smoothly. I wonder if the ramping up of 'pilot mining' and that RBW are about to 'make profit' has been pushed to the point the Burundi mining department consider it no longer 'pilot mining' and new 'full scale' permits etc. are required?

You sure the £49 cost wasn't them telling you what you would lose on the spread?

Barclays bed n isa is automated and takes seconds... no fee but still costs you the sell and buy price difference (spread).

Steady as she goes before the next news flow.

Paul hasn't done an interview for ages. We could get business plan news or other 'big news' that Paul would follow up with a welcomed interview. That could break £2 again after recent consolidation period imo.

To be fair todays RNS is rehashed news CCZ should already know about. How can this important historic BHP data only just come to light this close to drilling. I can understand the company trying to build PR but you can't fool the market.

To be conservative - If only 1 of the 4 wells comes in commercial... what mc we looking at?

If they don't get the EL by Q2 2021 is a write off... hence people not 'jumping in' incase more delays.

I was quite impressed with the interview. Whst more could MB say? Good interview.

Indeed Tony - This and PRE both good stocks.
I also invested some in MKA as they have a slightly different business model that is yet to fruit. Their magnet recycling (using patent hydrogen technology) could grow massive? Their mine is a JV.

They still need to raise funds for next phase of the PFS for the DX project?

I asked when RBW likely to make their first dividend payment.

If we're due to move into profit this quarter and 10 fold mining upscale on the pilot mine and the gypsum stacks 17 years of easy money (unless I got bits wrong there) then we should be able to reap rewards soon. We are not all here just for unpredictable sp rises... value stocks are important. If RBW is committed to become a respected miner it needs to pay dividends asap when in profit. Unless of course, RBW has big growth/acquisition plans.

Let's see if it gets asked.

Didn't the CEO of INTU tell everyone and his workers there was no way INTU was going to fall into administration... then week later INTU was in administration. Hopefully this saga all pans out better

Don't they have $2b worth of icecreams in the freezer from 1% of their plot of their fridge? That's why placing was successful at 35p and not at 5.5p as this time last year.

You would've been calling the BoD Gods if Perc#1 was commercial and forgot about the last 10 years. Was always wildcat drilling and you knew the risk that brings.

Bought back in here... the latest interview was good and the latest fundraising and acquisition were on good terms. Lot's of upside later this year and onwards. Looking good.

Yes, well said Proffit. I've just sold out of this rubbish and bought ZPHR - hope regain losses there as much better upside medium-term with less risk. Good luck, hope TRP pull its finger out for you all.

Proffit - I agree with your last 4 posts on here. Get on with the drilling ffs.

Finally got my unused 'excess' funds back from the scale-back. With perfect timing the ask is back over 35p.