Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Issued today. $5m already spent by it's Billionaire backer on the Blesberg site. Lots of big yellow machines
31 August 2023
First Contract Signed for Sales of Blesberg's High-Grade Lithium Ores Direct
into China
Marula Mining (AQSE: MARU), an African focused mining and development company,
is pleased to confirm that it has signed a contract for an initial trial
shipment of high-grade lithium ore from the Blesberg Lithium and Tantalum Mine
("Blesberg" or the "Project") with a Chinese importer and exporter of
metalliferous ores.
The Company is also in the process of concluding its negotiations with a
number of European based global commodity trading groups in respect to a long
-term offtake agreement over spodumene and lithium products produced from the
stockpiles at Blesberg and from the Company's broader development plans for the
proposed Blesberg open pit mining operations
Guaranteed he will wheel out Zimbabwe Lithium and the imminent China, possible direct BMW and Merc tie-ups and any Indian interest for the rocks guarded by 6 security guards and imminent DRC funds for the next fundraise.
Question is who else is left to believe in Andrew Madoff Bell ?
POW comerical update 4 weeks ago. No mention of Victoria gold focus in the highlights
Highlights:
-- Multiple corporate initiatives underway to optimise Power Metal's positioning ahead of a resource sector recovery with work advancing concurrently across various business interests.
-- Accelerated exploration underway across the Company's Athabasca uranium interests in Saskatchewan, Canada and the Tati Goldfields project in Botswana.
-- Intention to apply for OTC listing for easier trading of Power Metal shares on market by US investors.
-- Appointment of Financial Adviser to Uranium Energy Exploration for their planned listing, the Company's first uranium project spin-out listing.
I'm glad you asked tradedesk. You're comparing RRR to MARU. Ok lets go
MARU have a joint development partnership with Q Global. They will take a near 50% stake in MARU with Q Global's billionaire owner 'Quniton Van De Burgh" coming onboard as the chairman of MARU in Sept when it moves to the AIM market. They will shortly have a off take agreement for their 6.5LI with a swiss trading house, No Chinese involvement.
Q Global are providing access to big yellow machines and all logistics from mine to port. What RRR have is nothing comparable to MARU.
hTTps://twitter.com/JB_MiningAfrica/status/1694233962300801081
Highlights:
· Marula has received new mobile mining equipment secured from Bell Equipment
Limited through its partnership with Q Global, one of South Africa's leading
independent commodity, mining, logistics and investment funds
· The new mining equipment includes a JCB 456ZX wheel loader and a JCB JS305
tracked excavator which are in addition to the Kobelco SK380XDLC excavator, a
JCB 3CXbackhoe loader, two new JCB 456ZX wheel loaders, and two new Bell B25E
articulated dump trucks which arrived on site in Q2 2023
· The new equipment will further increase the mining capacity at Blesberg
above the current approx. 1,000 tonnes of material moved daily
· The new equipment is being used to finalise the preparation of drill pads
for the upcoming resource drilling program at Blesberg, to complete a number of
additional exploration trenches to confirm extensions to the existing
mineralisation and to further accelerate the Company's plans to commence
development and mining of the underlying hard rock resources
Jason Brewer, Marula Mining PLC CEO said:
"We are delighted to have secured this additional new mining equipment, and are
pleased to see it now on site and complimenting the existing mining fleet. As
always, we appreciate the efforts of our partner, Q Global, for their assistance
in ensuring that we obtain this equipment in a timely and cost effective manner.
"This development further demonstrates Marula's increasing investment in
Blesberg, emphasising our commitment to both the existing stockpiles as well as
scaling up the mining operation as we expand and move towards a more
conventional hard rock open pit mining operation."
CLN holders 'converting at a premium' is not all that accurate. CLNs were issued at
12% yearly interest (1% a month) and 6% arrangement fee. Another 6% arrangement fee
now added. So anyone now converting CLN gets 13% interest plus 12% fees = 25% total
RNS states the conversion price is 0.20196p but add the rolled up 25% fees/interest
you get an effective real price of 0.15147p. Selling converted shares in the market
will achieve around that price so CLN holders are getting back their initial outlay.
If holding another 11 months with 11% more interest the net price would be 0.12925p.
So CLN holders are taking 0.15p today, knowing they can sell at that price, instead
of converting at 0.13p in July 2024 with a share price potentially below that level.
Doesn't really show much confidence.
The funds available to the fraudster Bell must be running dry now.
An EGM will be called and the carrot of DRC funds on the horizon and Lithium Sales being imminent will not doubt be wheeled out again. If remains to be seen how long this lifestyle fraudulent company after 18 years of losing investors 99% of their monies can continue
Red Rock Resources, the share production and possible mining company, is pleased to announce an ongoing delay in the Zimbabwe lithium project. Chairman Andrew Bell said, "The lack of progress is good and will allow us to talk more about possibilities which has always been our forte. We want to produce as much possibility as we can and going into production and releasing disappointing numbers will only decrease possibilities. Instead we are increasing acreage and in doing so can say - we do not have just one possibility mine, we have many."
What rock is Andrew Madoff Bell hiding under now ?
When did the company know there will be no immediate Lithium sales ?
It's DRC or bust. I strongly suspect it's bust. The VUP lawyer is now a minster in the Government
How much money in the Cyprus bank account Andrew ?
Seriously this is not an investment guys.