Member Info for corbine

ree http://www.investegate.co.uk/article.aspx?id=201103031027352662C Rare earths mineralization confirmed by independent laboratory at grades of 2.2% in existing HTT stream · Rare earth mineralization contained in a by-product stream of existing and ongoing rutile production, which has already been mined and partially processed · Study commenced to evaluate processing requirements to further separate and recover rare earths Sierra Rutile Limited announces that SGS Lakefield Research Limited ("SGS") has confirmed the existence of rare earth oxides ("REOs") at a grade of 2.2% in Sierra Rutile's high-tension tailings ("HTT") stream. As part of the Company's recently announced strategic review update, significant rare earth mineralisation was identified and, following SGS' independent assessment, the Company is now exploring opportunities to refine and market these REO by-products. The distribution of REOs in the HTTs is attractive and contains high concentrations of neodymium, lanthanum and praseodymium. HTTs are produced from Sierra Rutile's existing dry processing plant and, as such, the REOs are not in the ground, but in a by-product stream from Sierra Rutile's existing production of rutile and ilmenite. The HTTs are the same source from which Sierra Rutile already recovers its zircon by-product by re-processing it through the dry processing plant. Sierra Rutile will now commence a study into how best to separate and recover the REOs from the HTTs. This will consider both the optimization of Sierra Rutile's existing dry processing plant and the potential addition of further processing facilities to realize the value of the REO in the HTTs. Sierra Rutile will also analyse its existing stockpiles of HTTs from historical production to determine the availability of REOs in these stockpiles. The Company will announce the results of the study and analysis in due course. John Sisay, Chief Executive Officer of Sierra Rutile, commented, "The independent confirmation of rare earth mineralization in the tailings stream is a positive step and we now have clarity on the type and extent of these minerals. Sierra Rutile is assessing the feasibility of future rare earth production given the relatively attractive cost position of processing rare earths which are already extracted and significantly refined as part of our normal rutile separation process. The market dynamics and long-term fundamentals of the REO industry are attractive and we have therefore taken the decision to proceed with further studies." Sierra Rutile's existing operations generate approximately one tonne of HTTs for every two tonnes of rutile produced. The Company's 2010 rutile production of 68,000 tonnes produced approximately 34,000 tonnes of HTT last year. Samples from 14 locations in the HTT stream were analysed by SGS. Locations were chosen based on processing methods, the conductivity and radioactivity

Have you worked out how large the hectare-acreage is? potentially green gold turnover in addition to the rutile/ilm/zirc division? ;-) also the cost per tonne aggregate is decreasing with each extra model added to the mining- can they go sub $500 per tonne collectively in time? Will they consider adding an additional dome or two for any slack periods over next decade for storing rutile rather than selling too cheaply or is that what the forward legacy sale implies- shift xxxk tonnes as a guaranteed $$$ to carry any slack envisaged even with slight discount? Can srx discuss the rare earth potentials in more detail - since 2011 little mentioned. Excellent work with community restoring land-providing water wells, stocking fish ponds and expanding that model, increasing staff from circa 1000 to 1500- they mention Darwin project and excellent work with HIV/AIds. What of current problems in Sierra Leone with the Cholera crisis. Is Srx affected/staff etc in any way? if so are i'm wondering what is being done to mitigate this? Great results, leads me to wonder if in time, srx move on from aim to a more fluent platform maybe a 250ftse or better, in particular as the turnover of the company could exceed $1 billion annually then why sit on aim where 5 daily trades can move the sp 4% and add or take $40 million from the mcap- wouldnt make sense. in time would aim be fit for purpose for srx? divis before or after next expansion model added via dredge/agribus? corbs musing ;-)

world class asset- and a more thorough reporting compared to previous years. even a version of swot analysis- risk profile is posted up too. clean n class. thanks mr sisay and pala :-)

On 4 April 2013, the Board approved a new dividend policy which will aim to distribute to shareholders at least 50% of cash flows after capital expenditure, committed future expenditures and the repayment of any borrowings. The declaration of any future dividends, and the frequency of them, will be subject to the Group's financial condition, future prospects and satisfactory solvency tests and other factors deemed by the Board to be relevant at the time. · Subsequent to the year end, the Board also adopted a share ownership policy for Directors, whereby non-executive directors are expected to build up and hold at least two million shares in the Group (four million for the Chief Executive Officer and Chairman). Directors are expected to retain shares acquired pursuant to share incentive awards, but may sell sufficient shares as necessary to pay the exercise price, taxation and out of pocket expenses associated with the exercise of share incentive awards. There is no target date to achieve the share ownership and such number of shares.

http://www.investegate.co.uk/arbuthnot-banking--arbb-/rns/exercise-and-grant-of-directors--share-options/201304171740016219C/

loan arranger:-)

http://www.directorstalk.com/resource-experts-sp-angel-talk-sierra-rutile-signing-of-70000t-sales-contract-covers-2013-and-2014-production/ gl dyoR etc

http://www.directorstalk.com/sierra-rutile-entered-into-a-70000-tonne-rutile-supply-agreement-with-a-major-pigment-producer/

http://www.investegate.co.uk/sierra-rutile-ltd--srx-/rns/sierra-rutile-signs-70-000-tonnes-sales-contract/201304150700092955C/

3 working days- the trade was reported late. :-)

was that your sell from 3 april 1.7 mill shares? or was it oilbarrons? :-) (wasnt mine)

divis divis divis -you'd have to be a divi to not be looking at srx ? :-)

http://www.directorstalk.com/sp-angel-john-meyer-market-movers-tri-star-resources-sierra-rutile-nautilus-minerals-goldplat/ scroll 3 qtrs down page :-)

cat got your tongue? :-)

http://www.directorstalk.com/sierra-rutile-john-sisay-says-we-remain-on-track-to-deliver-a-year-on-year-production-rate-increase-of-over-30/

The first dividend payment will be considered once the timing of the Gangama Dry Mining project is determined.

The Board of Directors recognises that dividends form an important element of shareholder return and, accordingly, during the quarter, the Board of Directors of SRL has approved a dividend policy to distribute to shareholders at least 50% of free cash flows after capital expenditures, committed future expenditures and the repayment of any borrowings. The first dividend payment will be considered once the timing of the Gangama Dry Mining project is determined. The declaration and payment of future dividends, and the frequency of them, will be subject to SRL's financial condition, future prospects, satisfaction of statutory solvency tests and other factors deemed by the Board of Directors to be relevant at the time. In accordance with SRL's current constitution, SRL will seek shareholder approval for the payment of dividends. There can be no guarantee as to the amount of any dividends payable by SRL.

http://www.investegate.co.uk/sierra-rutile-ltd--srx-/rns/sierra-rutile-provides-q1-2013-operational-update/201304050700056279B/

thanks :-)

between 28th april and 10th may- ring nomad for confirmation? :-)