Member Info for Damers

..........we are a couple of months behind full capacity, but all looking good.

Over & out.

Some clown stated I was incorrect in suggesting that production had started at the Ferrandina facility (everyone else is forgiven :-).

The torrent of abuse from said individual amounts to harassment, and my legal team will be in touch accordingly.

That individual (who shall not be named for legal reasons) clearly did not digest the information contained within the RNS issued in March 2025.

Yes, March '25 a whopping 443 days ago.

The RNS in question:

https://80mile.com/regulatory-news/80159

May I direct the audience to the following:

'Phase 3: July 2025 - September 2025 with nameplate capacity being achieved end of 2025 / Q1 2026'

'What is nameplate capacity?' I hear little miss piggy squeal (AKA Chris from Scotland LOL)..............

In short: 'The designed maximum sustainable production rate of the plant'.

In practice, at the Ferrandina facility:

- start at 10–30% utilisation,

- then move toward 50–70%,

- and only later approach full design throughput.

So the likely production profile is something like:

Period Likely Operational State

Mid-2025 Commissioning / testing

Late 2025 Partial commercial production

Q1 2026 Targeting full production rates

Will do mate :-)

If Milton Asset Management are the seller, they just held 60,931,908 as of 30th April.

We should know by the end of this month via Morningstar etc.

A better day today, but nothing to celebrate. Come on 80m give us an update - high calibre CEO next please.

GLA.

Some individuals post deliberately negative comments on online bulletin boards and investment forums in an attempt to influence market sentiment and drive a stock’s price downward.

Their goal is often to create fear, uncertainty, or doubt among existing shareholders so that investors sell their positions.

If enough selling pressure occurs, the stock price may decline, allowing those spreading the negativity to buy shares at a lower entry point.

This behavior is commonly associated with market manipulation tactics, especially when false or misleading information is intentionally circulated to affect investor decisions.

Little miss piggy strikes again - spit roasted once oil, assays & Greenswitch deliver!

- Disko drilling July confirmed (barring black swan event / adverse weather)

- Jameson drilling October confirmed (barring black swan event / adverse weather)

- Greenswitch RNS incoming Q2

- Appointment of new CEO TBC, but hopefully 'imminent' ;-)

- Dundas potential

- Off piste RNS potential

As PI's we are merely bystanders - you either invest in the story, or PI'ss off.

Enjoy the sunshine folks and have a great BH weekend.

GLA.

Morning RachT2.

You are sounding somewhat flustered. Is this due to the fact that the company is making tangible progress?

I look forward to debating the contents of the Greenswitch RNS once it is published (which is due within the next 26 trading days).

ATB.

Mattilly was not far off Trout:

£100m = 2.06p

£125m = 2.57p

£150m = 3.08p

'· Future executive director: 60,000,000 EBT shares'

That will be the new CEO.........

Cheers Ashton.

Assay timeframes IMO:

-First target drilling: 1 week (complete 17th July)

- Move rig & set-up to second target (helicopter): 1 week (complete 24th July)

- Second target drilling: 1 week (complete 31st July)

- Send assays from T.1 & 2 to lab: 1 week (7th August)

- Testing @ lab: 4 weeks (4th September)

Assay RNS: 8th September

Rince & repeat for remaining targets, so we should expect several assay results from September through to November. At this point we will see Jameson results filtering through.

I have applied some slack in above timeframes & 100% confidant we will see results well in advance of Jameson. Where will the SP be by November? who knows, but well north of where we are at now.

GLA.

Thanks Ashton - RP suggesting November for results from first five traps (1st well).

Https://www.youtube.com/watch?v=Vno05mKRuqU

AMRQ is for sure on the watch list, but short to medium term for upside it's 80m all the way. Amaroq are proof of concept for Dundas, Disko & Jameson.

Bring it on & GLA.

Worth a view IMO.

https://edge.media-server.com/mmc/p/h5ac64dd/#Clip_6

(80m hold 392,939 shares following the sale of Kangerluarsuk zinc-lead-silver project. We will receive a further $1.5m in cash or shares upon the discovery of a JORC from AMRQ).

Thanks Tony - nail on the head commentary.

Lest we forget, by the time we see results from the first rig @ Jameson (late November?), assay results from Disko will have been filtering through from hopefully three or more of the targets.

There is zero doubt in my mind that we will see world class / exceptional assay results from Disko.

Life changing gains to be made here IMO.

Bring on Q3 & GLA.

Just 46 sleeps until the end of Q2.

It will feel like Christmas has come early when we receive Greenswitch update :-)

Both your questions were addressed lootgaloot - they liked the first one.

Big Once mining licence ETA September. I missed bits as connection repeatedly dropped out. However, no stand out news from what I heard.

Good spot regarding £ v’s $ Ashton.

Thank you for the comprehensive update - lots to look forward to in the coming months.

The futures bright (with speckles of black gold!)

Good work '75 :-)

That’s a mining co.