Member Info for Dcat80

Fulmar - I must be suffering from Monday blues! Just crazy to be critising the current management after what’s been done since nick took over. We have both been here long enough to appreciate things are finally moving on our great assets.

I’m guessing he wants to draw attention to nick having had previous experience in dealing with major shareholders with vastly different opinions. Perhaps that experience helped him get the stakeholders onside at Zamsort and a progress on a project the market had pretty much given up on anything ever happening on. Perhaps that experience helped get the Zambian government so onside that at the recent shareholder presentation both the high commissioner and mining minister attended and showed their full support. Perhaps the experience is encouraging nick to put his money where his mouth is and buy shares in the open market. What I do know is he’s definitely the guy I want taking Zamsort and other projects forward

Is now on companies website.

I suspect that various achievements all due by year end will warrant 10p individually,just can’t say how long it’ll take the market to cotton on and real volume to arrive. First cobalt producer on aim with decent grades from
Surface, jorc on Zamsort again expecting good grades and from surface, scoping study complete of Casa showing expected good economics. These are all due by year end. NVS has already told us about approaches on Casa and Zamsort and a deal of types could land at any time. Remember NVS was working on Zamsort controlling interest for a year, only a fool would believe he’s not thought through options that might present themselves

I bought into what was ortac about a year ago due to my interest in Zamsort and especially the small finance required for a small scale mine including cobalt which even then was making moves. I underestimated the importance of a proactive ambitious management team which at the times wasn’t in place and the frustration of things not moving was a challenge at times, Times have changed massively. Last year I was invested in Marl as I know at least a few of you were, another 3m oz deposit although much higher grade and not in the DRC - but Marl only had a share of about 1m oz - bought out for circa $180m. Another sick asset is sturec. Easy to find problems with Out interest in Slovakia, but between 1990 - 2013 the average buy out in Europe for gold in ground was $39. Apply a very hefty discount to that figure and splybagainst the 1.3m oz jorc resourcevwe own 100% of. You shouldn’t get to a peanuts figure... then we have the jewel in The Crown - Zamsort. An asset we’ve already been told will be producing on a small scale by year end. Grades are good and from ground. Maiden jorc by year end as well, hard to value without numbers but already interest from majors and we know what nearby assets are worth. Perhaps it’s too easy to find faults with the DRC or the problems in Slovakia, but the valuation divide is crazy. This is exciting, not pure speculation but meaningful assets which drive interest from majors. Happy times driven by quality management

Summary - potential mining district where current production license is high grade at surface and where future drilling instead of being funded by dilution could be by sale of other assets. It might not go to plan, but it is not a far fetched plan by and stretch of the imagination whereas the rewards - well they get the attention of a billionaire and an ex Rio timto africe head who was a founder of a company that sold for $6b....

Early bird - don�t forget it�s also from ground as shown from trenching results. Equals open pit plus cheaper drills to find the resource for the Jorc.

Good to see you guys still here. Looks like our patience and resilience to the trolls will pay rather well. All the best

Not enough trades to suggest a leak, however the company did tweet about the vw story fulmer posted on. I think that�s the first time they tweeted about anything other than an RNS or other company specific news such as visible gold or drill on site. Let�s hope we�re close to some news on Zamsort which by a country mile is our most exciting asset!

Fulmar - just reposted what my thoughts were on time that new mining tax was announced. The only thing that�s changed since then is further increase in cobalt price.

as an explorer in the short not too much. The additional royalty would obviously be considered in a BFS. The super tax applies if the gold price exceeds a 25% increase from the time of the BFS - the project is likely to be extremely profitable at current gold price, let alone +25%. Where it will effect us is at takeover price as the royalty increases will affect the NPV and IRR in the BFS and the buyer would have to curtail increases if gold price shot up 25%. But as you should know 3m oz deposits are bought for multiple hundreds of million dollars so we would still expect a large number of bags from current market cap!!! In short whilst this will significantly affect cobalt producers in the DRC after cobalt has increased from $20knper toons to $80k in 2 years it shouldn�t affect us too much. It may attract more attention to cobalt projects outside the DRC as cobalt prices are still expected to increase further - this could be a positive for our stake in Zamsort which already has a small production licence

Recent interviews suggest both news on sturec disposal and review of Casa historical drills were targeted by bend if this month.

Hope you�re well. I believe you are also in ARS? If to can you remember what tony Manini said the market cap for a 25k ton per annum copper cathode operation should be? With cobalt at $80k per tonne I believe the small scale plant at Zamsort would produce between 8k-10k per annum copper equivalent albeit in concentrate form. I want another gauge from my fag packet free cash flow calculations for valuing our Zamsort stake. Thanks in advance

Andy - different company. This is blockchain worldwide formerly Stapleton capital. You can check price and trades on the nex exchange website for your blockchain commodity.

Andy - was the previous name of your investment Stapleton capital or afpo? 2 different companies as per previous messages earlier today..

Stacey - this is a different company (this used to be Stapleton capital not afpo) and shouldn�t be discussed on this thread. your Afpo is listed on the nex exchange now. Call your broker to discuss, they should be able to assist but might charge you a fee

Jorc increase. Hopefully once both the historical and current drill campaign data is reviewed and a a revised JORC provided we will get a new presentation outlining plans.

Last time frame I saw was in August saying within 6months, however current drill campaign started later than expected. In addition NVS in a mid January interview said results from all historical drills were being reviewed and would be reported on �within the next month�. Until we receive further comms it�s hard to say, but anytime within the next few months is my thoughts.

Thanks fulmar. I�m sure there is much more gold in our concession than 3m oz as it�s a large concession and we�ve only drilled a small amount! I guess I am just expecting after a certain area is drilled out and a decent jorc is available we will concentrate funds on a PEA rather than finding further resource. Maybe that is just my bias as I would love to see further drilling to be at Zamsort. What is your thoughts, would you continue further exploration drilling or a PEA?

Panda - as an explorer in the short not too much. The additional royalty would obviously be considered in a BFS. The super tax applies if the gold price exceeds a 25% increase from the time of the BFS - the project is likely to be extremely profitable at current gold price, let alone +25%. Where it will effect us is at takeover price as the royalty increases will affect the NPV and IRR in the BFS and the buyer would have to curtail increases if gold price shot up 25%. But as you should know 3m oz deposits are bought for multiple hundreds of million dollars so we would still expect a large number of bags from current market cap!!! In short whilst this will significantly affect cobalt producers in the DRC after cobalt has increased from $20knper toons to $80k in 2 years it shouldn�t affect us too much. It may attract more attention to cobalt projects outside the DRC as cobalt prices are still expected to increase further - this could be a positive for our stake in Zamsort which already has a small production licence