Member Info for corbine

Mr Joe Connolly- sterling job ;-)

http://www.investegate.co.uk/sierra-rutile-ltd-(srx)/rns/change-of-company-secretary/201301250700063437W/ http://www.investegate.co.uk/sierra-rutile-ltd-(srx)/rns/directorpdmr-shareholding/201301250700063444W/ :-)

no- if you read duponts latest figures released yesterday you might notice their rutile sector ? :-) http://investors.dupont.com/phoenix.zhtml?c=73320&p=irol-irhome

http://www.investegate.co.uk/sierra-rutile-ltd-(srx)/rns/appointment-of-new-chief-marketing-officer/201301170700067361V/ Sierra Rutile Limited Strengthens Sales Team with Appointment of New Chief Marketing Officer London, UK, 17 January 2013: Sierra Rutile Limited (AIM:SRX) ("Sierra Rutile") is pleased to announce the appointment of Derek Folmer to the role of Chief Marketing Officer. Mr Folmer, whose appointment will take effect from 15 April 2013, will be responsible for managing all aspects of Sierra Rutile's sales and marketing activities. Mr Folmer joins Sierra Rutile from Rio Tinto, where he held the position of General Manager - Rutile & Zircon, responsible for global sales of rutile and zircon produced by Richards Bay Mining and QIT Madagascar Minerals. Prior to this he held various sales and marketing management positions within Rio Tinto focussing on titanium dioxide feedstocks. Mr Folmer has a strong track record of developing and implementing global marketing strategies and has substantial experience and knowledge of key markets in North America, Europe and Asia, particularly in China. John Sisay, Chief Executive Officer of Sierra Rutile said: "It gives me great pleasure to welcome Derek to Sierra Rutile. His experience and expertise in developing effective marketing strategies will support Sierra Rutile to maximize the value of the full range of products produced from our world-class asset in Sierra Leone and further enhance our position as a leading producer of premium-grade rutile."

yep- u thinking 63p? possibly re your last- also dry mining has commenced. now srx no longer reliant on just one dredge for production. as they see the new dry mine evolve they can tweak and add design improvements over coming months which may be benefiscal for the next dry mining project thats being looked at? me thinks :-) guesswork :-)

http://www.investegate.co.uk/sierra-rutile-ltd-(srx)/rns/directorpdmr-shareholding/201301140700104216V/

and well done pala - vladimir iorich ? job not yet finished eh? 20% there perhaps? throw in the upgrades? resource extensions? rare earth separation feasibility? green gold agribusiness plans? 2 more dry mining plants, additional storage domes/ capacity increases. 250kt max throughput?, then an additional dredge? specialized for certain high yield resource pockets? more mobile? what to do with the $billions worth of heavy rare earths eh? other arenas srx may be looking into as well as rutile, ilmenite-zircon? what happened to the zircon finished product being made at srx? beating the chinese and far east for cost? still viable? still on the table? some questions :-) corbs musing:-)

asset- and derisked with dry mining coming on stream (not dependant on one dredge) cash in hand possible swot- pricing futures and why so much stockpile of rutile? how much is awaiting shipping? forward sold? what are current prices.? all in all a transformational 12 months for srx. upside? plenty of it. next 12 months figures and overall cost per tonne for rutile should decrease even more. clean grade too-win win? gldyoR srx going from strength to strength :-) imo

The Gangama Dry Mining project has replaced the new large dredge in SRL's near-term expansion plans. The feasibility study into the new large dredge has, however, been modified into a scoping study on the dredging of SRL's Sembehun deposit (the original feasibility involved the dredging of Gangama followed by Sembehun). This study yielded a pre-tax NPV10 of US$347 million, a 34% pre-tax IRR and a project life of 22 years, and provides a low-cost, long-term option for the development of SRL's assets. Financing SRL currently holds $24.6 million of cash and has inventory on hand of 22.9k tonnes of rutile. Sales Prices for Q4 have remained, as with Q3, at softer levels than in the first half of 2012. These prices remain, however, at very high levels when compared to historical prices for all SRL's products. Furthermore, SRL remains positive regarding the medium- and long-term demand for its products, and expects to see a strengthening of the market during 2013. Commenting on the fourth quarter performance, CEO John Sisay said: "The quarter has seen further major advancements for SRL. Firstly, we have successfully implemented our first new production expansion, demonstrating that we can bring on new projects as well as restoring our existing assets to much higher levels of sustainable operation. Secondly, we have identified an exceptional new project with Gangama Dry Mining that is already low-risk, having just implemented a similar project at Lanti, but which also has highly impressive project economics. Finally, we have confirmed SRL's ability to be a meaningful low-cost and long-term producer of rutile with the Sembehun Dredge. We enter 2013 in an extremely robust shape and expect similar success for the coming year."

London, UK, 9 January 2013: Sierra Rutile Limited (AIM: SRX) ("SRL") is pleased to provide an operational update on developments during the fourth quarter of 2012 ("Q4" or "the Period") and the 2012 year. Highlights: · Full-year 2012 rutile production of 94,493 tonnes, a 39% increase on 2011 production; · Full-year 2012 ilmenite production of 22,008 tonnes, a 38% increase on 2011 production; · Q4 production of 25,502 tonnes of rutile and 6,378 tonnes of ilmenite, both ahead of budget; · Lanti Dry Mining construction completed and commissioning commenced on budget and ahead of schedule. First product produced from Lanti Dry Mining concentrator. · Exceptional new Gangama Dry Mining project announced: - US$507m pre-tax NPV10; - 238% pre-tax IRR; - 8-month project payback; and - Detailed engineering work and project implementation plan underway. · Scoping study on Sembehun Dredge completed, providing long-term, low-cost production optionality for SRL with compelling economics: - US$347m pre-tax NPV10; - 34% pre-tax IRR; and - 22-year project life. Production Full-year 2012 production was 94,493 tonnes of rutile and 22,008 tonnes of ilmenite, respectively 39% and 38% ahead of 2011 volumes (2011: 67,916 tonnes of rutile and 15,946 tonnes of ilmenite). This strong result was contributed towards by Q4 production of 25,502 tonnes of rutile and 6,378 tonnes of ilmenite. Expansion projects Construction of the Lanti Dry Mining plant was completed during the quarter and commissioning commenced. First ore was successfully processed through the concentrator and the concentrate transferred for onward processing in the mineral separation plant. Production ramp-up is continuing. A significant change in SRL's expansion plans was announced on 31 October 2012 with the completion of a pre-feasibility study into the dry mining of the Gangama deposit ("Gangama Dry Mining). The pre-feasibility study reported an exceptional project with a pre-tax NPV10 of US$507 million, an impressive 238% pre-tax IRR and a payback period of just 8 months. Furthermore, as it replicates, on a larger scale, the Lanti Dry Mining project that was successfully completed within the quarter, Gangama Dry Mining represents a much lower-risk option of increasing SRL's production to the 200,000 tonnes per annum level. SRL has commenced detailed engineering work and a project implementation plan on the project in order to fast-track its development.

http://www.investegate.co.uk/sierra-rutile-ltd-(srx)/rns/sierra-rutile-provides-q4-2012-operational-update/201301091105401618V/

because they require the last 2 holders -majors to budge-sell their holdings for the acquisition to complete- it would also enable the company to take off from aim and go private. the 2 prudential (mandg) and ..... arent likely to budge without a more realistic valuation price. Who to agree on real value? look at the future profits? potential divis and massive expansion being undertaken? dry mining commencing in multiple areas? dredge efficiencies and record production? studies on agribusiness (green gold) being undertaken (multi hundred million dollar revenue sytream possible) the rare earths 2% already tested and partially refined within tailings and current process. sp may be up from 3-4p from late 2008, and down from recent 84p , but some here will argue truer value over next 12 months will be multiples of current mcap. in 2-3 years time you could argue if the current plans continue, agribus is valued, new resource upgrade with new pockets being drilled, and as long as world doesnt detract into double dip and rutile holds above $1500. the likes of m and g could ask for £2 plus, and why not? vlad cant go private without their shares can he? just a thought tiger... corbs musing:-)

http://www.investegate.co.uk/north-riverresources-(nrrp)/rns/appointment-of-nomad-and-operational-update/201301041700028996U/

have we had news yet on the dry mining commissioning? first crop/yield pre christmas?

happy new year folks- yes I do think a sale is being sought at some stage. When? have they found more options and opened more opportunities when they were working on the new models and various ways forward? ie first came the rare earths, then whilst asessing the new dredge and costs they went for dry mining, now theyve also looked at another dry mining aspect and the mobility/functionality of being able to move the equipment around. I do not think the company is correctly valued just yet. I think pala will be awaiting the full agribusiness studies and options within to come through. This could be a green gold opportunity and potentially a separate Multi hundred million dollar a year turnover just for the agri bus if pala can integrate the farmers and bring the right people together within local tribes, local and central government as well as the people who count. the fragmented farmers. there is another large corporate company working agribus successfully within a certain part of africa is there not?. a good model for viewing? once rutile pricing has stabilised and the futures price is more certain, along with the rare earth weve heard little of since feb 2010? and the agribus studies and future dry mining prospects, and also the new drilling and resource/reserves update were potentially going to see this year, then i expect a more up to date valuation and a potential sell to a molycorp or a dupont. If the gosl had the money could they themselves buy the business and retain the staff that are neccessary, whilst at same time benefitting the income stream for their people? i would also ask have the chinese been sniffing around? theyve already started infrastructure building in the congo and other parts of west africa you dont hear about on the news. just a thought corbs musing:-) £1.25? that might be short of the mark without the other parts to the company yet to be developed? imo -gl dyoR etc etc

yes-i have walis details in casa. the tarfaya equip probably all dismantled by now.?

why do you ask? mite be looking around tarfaya in a few days time-you got oishins details for contact? :-) anything we should know? re sle?

i suspect gib1 alludes to pala going for a third round fight for total acquisition of srx stock- currently 54%. would need prudential and the other insti to give up their holding? as you know they went through 2 bids last time 25 then 30p a share to acquire the company. with recent drift back from 80 highs and current plans of increased production theres a line of thought that the next attack on the stock is imminent. maybe a further thought is line up the company for a sell on to the molycorps of the world. but then if so, what to make of our rare earths yet to be worked through and asessed/valued correctly and feasod. studies were mentioned in 2010 when first announced. little said since. just my take meretrifle-welcome :-)

yes. something is happening- we should also be receiving the dry mining announcement shortly. will it come with your mused announcement? do you believe mr sisay is the final part of the jigsaw.? and what about the results of the agricultural studies agribusiness? another income revenue stream for the future? create a separate entity or still part of the srx flow? monsieur sisay - thanks :-)) jmo dy etc

evening. just replied. apols. mac had issues :-) rns next week about dry mining perhaps? further derisk and further uplift perhaps? fingers on the pulse eh xanadu-j? :-)