Member Info for ChartaRex

Hi dickie,

Thanks. I've got GGP and JAN, along with non-goldies BRES & SVML.

I did a quick paper exercise on JAN a while back, and reckon if they hit the 1million/oz target, we could almost 100 bag, but that would assume we exercise up to the 50.1% ownership. However, it makes no sense to do this until the sp is well north of where it is now.

My current plan is to take some profits from whichever comes first, BRES or JAN, and load up on the other, whilst keeping a decent holding in both.

Anyway, good luck, and let's hope Paulo does us proud.

Rex

Before I start, let me state clearly - I do NOT hold Galantas. I wish I did!!

Anyway, have a quick look at what Galantas have done recently. Seems a couple of big deals in Chile in the last quarter have made them a 20+ bagger in less than 10 months...!

Can we do the same? We seem to be following the same playbook - buy existing assets in gold rich areas & drilling to increase the resource.

Paulo has the in-country contacts, knowledge and experience.

Let's hope so.

Expect more deals.

Pentagon alarm bells over Yttrium.

SVML have it in abundance....

I hold BRES & SVML.

Yttrium alarm bells at the Pentagon - half way down the page.

https://www.reuters.com/world/us/pentagon-sought-fresh-supply-13-critical-minerals-day-before-iran-attack-2026-03-04/

Let the re-rate commence! 😁😁😁

Ramp,

Rather than boom or bust, why don't you research FAR? They've got a massive vanadium deposit & MickDavies and his Vision Blue Fund have a significant holding.

I don't currently hold it myself, but thought you might be interested?

Rex

Africa's a massive continent. Not all countries are a risk.

I've got BRES in Uganda, SVML in Malawi, and ECO offshore Namibia/S.Africa.

BRES & SVML have critical minerals & US government funding and EU funding between them, along with in-country government support. Both have multi-decade mines and I'm sure "the Donald" won't allow anyone to threaten them.

ECO is offshore, with partners like Exxon/Qatar Energy.

I'm massively in profit with all three, and will hold for as long as possible (until takeover or my demise).

I've also got JAN, in Brazil, again in profit with loads more to come.

Yemen? Somalia? Congo? Not a chance in hell I'd invest!!

Like I say, Africa's a massive continent, not a country...

LAN looks interesting. I'll need to do some research on it this weekend.

Thanks tbcx

Gold price is approx $5,200/oz

JAN's MCap is £24m.

That's only 6,200oz.

We're targetting 200k to 300k oz - minimum.........

Thoughts?

I've got a decent holding here at circa 1.6p.

I crunched the numbers a while back, and with Molly now in the frame, this could easily be a 100 bagger in due course, with the right results.

Expect more deals to happen.

Well, I did say on the 28th Jan at 23.22hrs - don't be surprised if Paulo's working another deal.

I have a feeling he's building a monster here.......

Expect more deals in due course😉😉😉😉

*absolutely

And I can't spell, lol 😂😂

Mornington,

I can absulutely assure you, if we hit 1m oz, then £1+ is perfectly achievable. Do the calcs. Numbers don't lie....

Gold's at $5440 today.

We have 33.33% of 210,000oz

If we assume $1200 AISC, that equates to a value of 30p per share.

With a ten year mine life, I'd expect a PE of at least 5.

That's 15p.

Now, if we can increase the resource to 350,000 oz, and our holding to 50.1%, that's 76p.

With a PE of 5 it's 38p.

With a million ounces, it's a quid plus.

But don't be surprised if management pull another deal out the bag in due course......

Thoughts?

I don't think it really matters how much we have - it's a lot...!

If it wasn't materially significant, they wouldn't have issued an RNS and the US State Department wouldn't have visited.

Think about it.....

This share's got "£10+" written all over it......

"...analysis confirms Kasiya monazite to contain exceptionally elevated levels of heavy rare earth elements Dysprosium - Terbium (DyTb) and Yttrium, materially exceeding those of the five largest producers globally, which account for 70% of the world's rare earth production".

Topped up again this morning. Happy days :)

Get on Twitter/X and start badgering them.

UNITED STATES GOVT SUPPORT

via DEVELOPMENT FINANCE CORPORATION (DFC)

Blencowe has entered a partnership with DFC to

provide overall funding solutions for Orom-Cross,

including co-funding DFS and potential debt funding

for project implementation ahead.

DFC signed a US$5M Technical Assistance Grant

agreement (Sept 2023) to cover a significant portion of

all DFS costs;

✓ Milestones delivered during DFS to access DFC grant funds

✓ US$4.75M grant funds already received

✓ DFC first rights to provide debt for Orom-Cross production

Stringer01, just read the RNS's and latest presentation. Especially the line directly above this.

Ying & Yang, Chalk & Cheese.

SVML are a very low cost rutile/graphite producer - dig it up and truck it out. Largest rutile deposit on the planet.

BRES have US Govt grant funding, $1.1Bn NPV, IRR of 96% and will build a SPG plant to refine, which enhances sales prices fivefold.

There's no right or wrong decision here. I own both SVML & BRES.

I also own ECO 😁😁😁😁

2 more days until Xmas.

Holding strong. Wouldn't want to miss out on our Christmas news bonus..! 😁😁😁😁

For those of you who can't be bothered clicking the link:

"3. Valereum recognises the importance of a clear financial landscape. As a matter of urgency, we will be conducting a comprehensive internal audit of the accounting records from the previous regime. This step not only aligns with our commitment to integrity but also ensures a robust foundation for our journey ahead, and our understanding of previous events (which will be shared on the website during Q1 2024);"

Clear financial landscape?

Matter of urgency?

Comprehensive audit?

Commitment to integrity?

Understanding of "previous events"?

Whatever could they mean......................?