Member Info for Dicko80

Positive start

Lots of news flow due over the coming weeks and months

One of which could be the rental or purchase of a processing plant through one of the term sheets $11m funding from the US

Reminder of the previous one signed HOT but didn’t complete

“The Directors understand that the Kastro Plant has a feed capacity of 12,000 tonnes per month of copper oxide/cobalt ore. The finished goods production capacity of the Plant is 400 tonnes of LME-grade 99.99% copper cathode and 200 tonnes of LME-grade 30% cobalt hydroxide per month. After a recent visit to the Kastro Plant by experienced process and electrical consulting engineers from South Africa, Critical Metals has identified ways to potentially increase the monthly plant production.

For general sales pricing guidance, the LME copper price is about $8000 per tonne and the LME cobalt price is about $33,000 per tonne.”

https://www.lse.co.uk/rns/CRTM/rental-proposed-acquisition-of-processing-plant-21ipqybfg02nank.html

400 x $8000 = $3.2m

200 x $33,000 x 33% = $2,178m

$5.378m per month

$65m per annum

70% CRTM

https://twitter.com/CriticalMetals_/status/1711736788652261526?t=BtAqL81V3uN_Wov_ukv_Dg&s=19

Mkt cap £3.5m

I think from the current low valuation to shortly be a producer the upside is clear from these levels

How high depends on confirmation on a number of events

$11m term sheet is multiples of the sp to start with

Talk of production increasing and generating $20mEBITDA

Potential first confirmation next week of the start of the RR rate of the road completion and production commencing

Looking through recent interviews over the last few months

Potential news flow

Road completion

Commencement of production - sale of copper

Geophysics update

Drilling programme (additional seams identified upto 7now)

Non dilutive funding -

Upto 3 term sheets with the US for funding loans and grants

a) one for $11m already agreed

Purchase of processing plant

Purchase of a concentrater to improve grades from 1% to 3 or 4%

Off take agreement

Purchase agreement

Expanding areas around current licence area

Acquisitions “5 mines 5 jurisdictions M&A”

JORC report

https://m.youtube.com/watch?v=F6ChWPGOuCc

£3.5m mkt cap

Not many available online , due a tick up

It looks like abit of a sell off over last 2 days

Looks like total are leaving SA , maybe a reason for sell off

Hi lsetown & all

After further investigation into the costs and speaking with the company over the weekend , the book value in the accounts is the “cost”

SA $13.7m

Which the company expects to recover if the project moves forward (assuming farm out )

Envoi upped info page last paragraph

“The NewAge operated Group would now like to find a partner(s) interested in earning up to 50% of their combined 100% interest by contributing to past costs and funding a new 3D seismic survey (estimated likely to cost US$ 5 to 7 million gross). The new partner will also have the option to earn additional interest by further contributions to an exploration well in the subsequent Licence Period.”

https://envoi.co.uk/projects/active-projects/africa/south-africa/

From the accounts RNS 3rd June

2 Included within total assets of $34.8 million (2022: $32.5 million) are $20.1 million Cameroon (2022: $17.4 million) , $907k Namibia (2022: $751k) and $13.8 South Africa (2022: $13.7 million)

“In South Africa, our co-venturer and operator NewAge is continuing to explore the options for acquisition of new 3D seismic data over our deep-water Outeniqua basin lead, which continues to attract interest from third parties. The farm-out process which they have been conducting has now resulted in a serious discussion with one party getting underway, though we cannot yet say if it will result in a transaction, and we cannot provide more detail or comment further while discussions are in process. We will inform investors promptly if a firm agreement is reached.“

Mkt cap £2.5m

Massive quarter for the tower

🔥 finance for njomi3 well to be drilled Q4 🔥

🔥 SA farm out 🔥

🔥 Namibia updated volumetrics, confirmation of work programme and talks with several large majors 🔥

Mkt cap £2.5m

Bring it home Jeremy 🤞🤞🤞

Lsetown

My research suggests around $1.7m back costs to the company for SA

Stop with the scaremongering

We have talked about money in the bank, with vat receivable and 2 previous placings , more than enough in the bank

But have you thought about the potential farm out of SA and the back costs spent on the licence over many years being reimbursed to the company 😉

Your welcome 💥💥🚀🚀🔥🔥

Because he bought at the high , back in the day when they last drilled Namibia , mkt cap was hundreds of millions

So he’s bitter and doesn’t want the shares to do well

The traps Charlie boy

Please do try to keep up 📈📈📈💥💥💥🔥🔥🔥

Not quite , but not far off

I see Charlie’s got home from school

Flurry of buys

Looking good for tick ups 📈📈 into close

News due 🤞🤞🤞

Posting factual research isn’t ramping Paul

Your contributions to this BB have been ?

Enough said

Dicko will be out after making %10 increase. I know him very well. (ANDY)

………….

Nope, as I’ve said previously , 2 year hold then retire

Who’s Andy ?

Nope not me Rkt

SP angel note referred to in the video

https://www.towerresources.co.uk/wp-content/uploads/2023/12/TRP-2023-12-06-Initiation-Report.pdf

6mins 30secs

@ 8,000bopd at $75per bbl

Over $200m gross revenue pa

Mkt cap £2.5m

From the other day

https://m.youtube.com/watch?v=vY_cTIJaNy4