Member Info for Darbinator

2026 is going to be a workhorse year, not expecting too much on the SP front but a big year in terms of getting things done. Hopefully a few gem RNS will push us up to reasonable levels, but 2027 should be where that work pays off, agreements are signed, grants are approved, plans are afoot for developing the plant, see a plan to production, and we get rewards in the SP.

Exactly what has occurred today? I think I went from 51% down to about 49%, so not really seeing where the excitement has come from. Any news or even an utterance from the BoD?

They haven't sold any. The placing just diluted them to less than 3%.

Good point RP. We have more than we could mine in 100 years. It could be the Aukus of the mining industry. Aus gets Thomas, US gets Cosgrove and UK can make what they can from the rest.

Joking of course, but in theory...

Piggy, I was talking from an investors point of view not SB's. I am sure the same applies to him in terms of risk and reward, but as with all of us we have different financial needs/goals and risk tolerances. Do you have a view?

Hi ML, considered the rns and interview carefully to re-evaluate my targets and realistic expectations.

Simple question for you and others is which is the best outcome for an investor:

1) Buy out

2) JV (possibly with a later buy out)

3) Go it alone.

I have opted for 2) as likely to give biggest return for least risk. Obviously 3) would be optimal but much bigger risk and a longer wait. 1) would be terrible before we complete the 2026 work successfully but not too bad if in 2027, based on current timescale projections.

All guesswork, but would be interested in people's views.

Good work from the BoD. Minimal dilution and at a premium. Cashed up to drive this on to the next stages.

You don't have a PUBLISHED finance plan or feasibility study until you have got to this stage. I am sure we are well on the way to that.

Agree totally ML. Put a long post on another site but had the same issue as you! A JV or toll agreement with Iluka could have us in commercial production by 2027/8 and attract more govt/international investment. Almost a dream team with complimentary products. As for what it would do to our market cap/sp in short order...?

At last! Well, we got there in the end. This has been a hard hold for most of the year but light at the end of the tunnel now.

Hi Scrunch,

I have been here a while. I think i know EEE but not the AIM market. I think the answer to your question lies in the latter. Not much help to answer your question but the fundamentals here are good. Depends if you are after a quick buck or looking for the pot of gold at the end of the rainbow. GLALTH

I think it was saying one is forming today rather than yesterday. Today's looks much the same as that hammer and the SP has just returned to the days high.

Master, just trying to learn a bit about charts on Grok. It mentioned today's double bottom but also a hammer candlestick suggesting a bullish reversal. Is that how you see it?

Empire have just posted about this on X with a link to the agreement framework. Bodes well.

I'm sure they will have their own message board. Perhaps ask over there.

My average was 8p, now 19p and did one top up at 70p. Not in the slightest bit worried. Happy to wait 4-5 years, but don't think I'll have to.

I find it bizarre. The MRE was the MRE. It wasn't ever going to prove commercially or economics. That was always going to follow with scoping and feasibility. We now have a (semi) proven resource, and it is massive. As i say, bizarre market reaction.

I agree Big K. I think this will rerate substantially when we get the scoping study and progress towards PFS. I think we are at least 50% undervalued at present, minimum.

*Yawn* Next...!

ML, I won't bother with GL (Teletext Boy) but may delay green boxing until Cev arrives to correct his spelling and grammar.