Member Info for Bukowski750

Early 2022...

You got your IC's mixed up my ever so wee lad.

Come on lad I don't tell porkies, for example go to 4 minutes 21 seconds of the February 2021 IC, where you will find Nick said production as we go into 2022. It's actually extremely worrying the amount of L's you're racking up in quick succession m8.

Also it doesn't change the fact that in December of 2020 the company said Kalaba was economically viable, then early 2023 Nick said it wasn't!

You said 2p by today at the start of the week lad

Another pertinent question is how would they have built this processing plant in such quick time? In February 2021 Nick said he envisages going into production as we go into 2022, so circa TEN months to do a Scoping Study, full feasibility,

full construction (possibly access roads as well as a processing plant) then ramp it up into production ROFLMFAO! If your new here the plant didn't happen BTW

The pertinent question here regarding Remy's 55 million per year revenue and 35 million free cash to shareholders is what flow sheet was that based on?

And sub 10 million capex the IRR must have been insane!

At the 'Management Resource Estimate' I wonder what the tonnage and overall grade was of this in house estimate? Why didn't they release it LOL

Any of you know why the JORC code and NI 43-101 were introduced? ROFLMFAO

Shocking account innit. Whilst offering strangers with a different opinion a boxing bout, he said he's 52 years old ! I Honestly thought he was a teenager with the garbage he spouts!

As usual the wee lad Simon adds nothing but insults, but can anyone explain what happened in the time the Kalaba project was economically viable to not? Did mother nature take away the mineralisation or something?

From December 2020 RNS:

The PoC concludes that both Cheyeza East and Kalaba Deposits are technically feasible and economically viable, thereby supporting the Company's decision to advance the formal technical studies to target completion of a Scoping Study during the first half of 2021.

Now let's listen to February 2022 IC, where Nick said the Kalaba asset "was of no interest to us ".....because "the lack of available high grade material meant we couldn't run the plant on an economically viable basis"

Personally I've never seen a copper project go from economically viable to not economically viable in just over a year, normally it's the other way around !! All imho please DYOR!!

Near term dividends....are you taking that material on tour Fella?

May 2021 IC Nick mentions "small JORC Resource " in relation to CE......ROFLMFAO..... I just want to know the tonnage and overall grade Nick so get it done. Comedy Gold bruv.

So you think this JORC report issue is trivial eh lad? I suppose you think getting told about 50 million revenue per year then going radio silent is fantastic also.

So let me get this straight, and please correct me if I'm wrong, but management said JORC Resource estimate is very advanced, then they calculated their own Resource estimate, then they didn't release the JORC Resource estimate?....can't stop laughing!!!

Management Resource Estimates.....that is absolute comedy gold bruv, can't stop laughing!!!

From 15th December 2020 RNS:

Further drilling and testwork along with the respective technical studies will be required before the Company is able to formally confirm that the projects are economically viable.

Investors should note that the PoC uses non-JORC management resource estimates for the Cheyeza East and Kalaba Deposits. However, the finalisation of a JORC report on the Cheyeza and East Kabala Deposits are very advanced, so there is a high level of confidence in the management resource estimates that underpin the PoC.

So if a JORC report was very advanced in 2020, why was it never released? Hmmmmmm.....

I'm going through the drill data related kiddo. Looks like CHDDEE-70 was the last drill in that main body of CE so 70 drill holes. Baffled as to why they haven't put a resource estimate on it ro tell the world the tonnage and overall grade? In my entirely personal opinion it either doesn't hang together as a mine-able deposit or there are met issues or both....but that's just my entirely personal and humble opinion! Why not market it if it's a doable? Baffling!

Was it a shrewd business move to abandon the plant which could have generated circa $175 million so far and do dilutive raises instead? Not a businessman myself like.

If they had cracked on with the plant they could've generated i don't know somewhere around $175 million in revenue by now...

LoL all imho!

So they've got a mine-able deposit which can throw off tens of millions of free cash per year, but they haven't put a JORC Resource on it because????????? ROFLMFAO!