Member Info for Craignews

Interesting that George, and Premier have agreed - Given George is Premier. Maybe it should have read the incoming buyer has insisted that GR leave, GR has stamped his feet, but eventually conceded after the car crash raise that if done after consolidation, is actually the equivalent of 370 billion new shares

Just like Humpty Dumpty - George was pushed :-)

Incoming RNS over the next couple of days - Share suspended pending takeover offer. GR stepping down was part of that process, 3 months to make it work as the LOI, working they will pay X amount, not working means lower takeover price - Watch this space, this is the natural next step

Good point Acker, i looked for one too, and found nothing

So you’re panicking over a tenner worth of stock? Behave!

Might just have a billion shares bought by 9am at this rate, so far over 700 million bought

Correction, now we have some sells on L2 - 6 million sold, 480 million bought - How do you like them apples Shandy, aka Pinnochio :-)

Of course it is Shandy - One minor flaw with your lie though, just a teeny minor fact.... Erm, so far, no shares have been sold this morning, every trade is a buy

Sea of blue on L2 right from the off - Decent size trades too

SP will go up as MM's will sell these higher, then replace with the placing shares next week

You may actually find SP moves upwards today - Rather than looking at the raise as negative, this is a positive sign of moving forward, like others have said, without it we were in effect bust - Now there is life in the old dog, and these funds get it working to attract Glencore into a binding agreement. I'm happy with the raise on that basis

Press release from the Council of Ministers of Wednesday, April 16, 2025: CM No. 2025-16/SGG.

he Council of Ministers met in ordinary session on Wednesday, April 16, 2025, in its deliberation room at the Koulouba Palace, under the chairmanship of Army General Assimi GOITA, President of the Transition, Head of State.

After examining the items on the agenda, the Council:

- adopted draft texts;

- made appointments;

- and heard communications.

IN THE CHAPTER OF LEGISLATIVE AND REGULATORY MEASURES

1. On the report of the Minister of Economy and Finance, the Council of Ministers adopted:

a. a draft decree approving the contract for the purchase of 21,543 tonnes of fertilizers and delivery to Bamako for the benefit of the beneficiaries of the Project for the Development of Productivity and Agricultural Diversification in the Arid and Semi-Arid Zones of Mali.

The contract is concluded between the Government of the Republic of Mali and the Société Office Chérifien des Phosphates (OCP-AFRICA) for an amount of 9 billion 838 million 580 thousand CFA francs excluding VAT and a completion period of 45 days.

The execution of this contract will improve agricultural productivity and strengthen the resilience of rural households living in the project intervention areas.

b. a draft decree approving the contract for the air transport of government-sponsored pilgrims and their baggage for Hajj 2025.

The contract is concluded between the Government of the Republic of Mali and the EGYPTAIRKALIS VOYAGES-SARL Group for an amount of 2 billion 62 million 500 thousand CFA francs and a completion period of one month.

The execution of the said contract will enable government-sponsored pilgrims to fulfill their religious duty in the best possible conditions.

2. On the report of the Minister of Mines, the Council of Ministers adopted a draft decree authorizing the transfer to the Société Les Mines de Lithium de Bougouni-SA of the large lithium mine exploitation permit awarded to the Société Future Minerals-SARL, in Foulaboula, in the Circle of Bougouni, Bougouni Region.

A research permit for lithium and group 2 mineral substances was awarded to the Société Future Minerals-SARL in Foulaboula.

The research work carried out by the Company on the Foulaboula perimeter led to the discovery of a lithium deposit with estimated reserves of 21.31 million tonnes at a grade of 1.11% lithium oxide, exploitable by the conventional open-pit method over a period of 10 years.

Following this discovery, a large lithium mine operating permit was granted to Future Minerals-SARL, by Decree No. 2021-0774/PM-RM of November 5, 2021.

In application of the provisions of the Mining Code, Future Minerals-SARL created the Malian public limited company called “Les Mines de Lithium de Bougouni-SA”.

https://malijet.com/conseil_des_ministres_du_mali/301370-communique-du-conseil-des-ministres-du-mercredi-16-avril-2025-cm.html

It truly is a gift to get the forward jump before the RNS, and before the herd arrive :-)

Indi - it will be coming, the news dropped locally, probably when it shouldn't have done - now they have to write the RNS, and lodge it for approval with the NOMAD - That takes time. Likely later today, or Tuesday after the long weekend

Onlyking, I'm so certain I dropped another 12k onto it this morning - Beats the rush when the RNS drops, as you won't ever see this price again

The decree adopted by the Council of Ministers thus formalizes the transfer of this crucial operating permit to this new entity. This strategic decision marks a significant step forward for lithium mining in Mali, a mineral that is increasingly essential in the global energy transition, particularly for the production of batteries for electric vehicles and energy storage systems.

Https://saheltribune-com.translate.goog/bougouni-capitale-du-lithium-une-decision-strategique-pour-lavenir-minier-du-mali/?_x_tr_sl=fr&_x_tr_tl=en&_x_tr_hl=nl&_x_tr_pto=wapp

The only uncertainty onlyking - Is your uncertainty

I bet your one of these that ends up missing meals as they are uncertain of what to have

Onlyking - So 2 different local media sources are not telling the truth then? They were pretty explicit on the date, and what it means for Mali

Perhaps google the process, and what is an 'Adopted Decree'

No uncertainty anymore - Deal done and transferred

Creaser - Considering it was higher than that over a year ago, you may want to re-think your very low estimate

Now we have $10 million sat on a concrete pad waiting to be shipped, and a working mine - before that we had a pile of dirt and a promise of investment