Member Info for djm1

Baggz, youre full of tish. You'll never be half Bo Sears socks let alone the man.

Affrm,

if RTO is to go ahead then they will need that 30million valuation, so they will be going down the back of the sofa to find anything they can get their hands on.

Wouldnt surprise me if next RNS says production has been ongoing for two weeks or so, soft start type scenario.

Leddach,

its going to have to be mighty good and cast iron to overcome the negative sentiment of the shennaigans thats gone on here.

Zag,

they have to prove it and convincingly, im not convinced. If they dont do that MCAP will fall below £30m, and lets be frank, what track record have these people got? None as yet. Everything to date has been talk.

Thanks ASI.

Zag,

depends on whether you think they have £30million worth of assets and how strong the sell off will be to get out. Im envisaging an exodus that Moses himself would struggle to contain.

ASI,

thanks for the clarity.

have you seen anything here to support a£30 million valuation and which market will they likely have to move to?

Thanks

Gasman, why are you getting upset over a minor glaring contradiction? Maybe TG are blockading Crowe's offices or something. If you reverse TG you get ....GT! Yep its got to be Greta, shes an activist. Explains everything.

Amtech, the market isnt perfect, affected like it is by things like sentiment, which is why your trying so hard to be negative. But we have words like undervalued and re rate, which exist precisely because the market isnt perfect. In fact the idea that everyone knows all the ins and outs of every stock is rather absurd when you think about it.

A mining right entitles the holder to the exclusive right to mine for prescribed minerals over a prescribed area of land. The holder of a mining right must:

lodge such a right for registration at the MPTRO within 60 days of the right becoming effective;

commence with mining operations within one year of the date on which the mining right becomes effective;

actively conduct mining operations in accordance with the mining work programme;

comply with the terms and conditions of the mining right, relevant provisions of the MPRDA and any other relevant law;

comply with the conditions of the environmental authorisation;

comply with the requirements of the prescribed social and labour plan;

pay royalties to the state; and

submit the prescribed annual report, detailing the extent of the holders’ compliance with Mining Charter III and the social and labour plan.

Taken from Lexology and written by Herbert Smith Mills Kramer LLP,

for those in doubt about the seriousness of doing a deal. The company has no real choice. Clock is ticking.

G, agreed its the end of the line for the company without a sale or JV. They can do some more drilling but they wont persuade anyone they can build out a mine, so they can only tell potential financiers you'll get your money back on a sale or JV. As others have said, the bigger players dont need URU to build a mine or run a drill programme, theyll be way quicker without them. So sale. And before we hear anymore rubbish about Zorbas stringing this out for a salary, he stands to make decades worth of salary on a sale.

So you think we're all here to ramp the sp to exit. Right well that's going really well yet we're still here. So that's your BS disproved. You've appointed yourself chief protector of potential new investors is what you're saying yet have admitted You've traded this over and over for a long time and used new investors money as your exit liquidity.

Amtech, Zorbas is living in your head and you're not hurting him by being here, just trying hurt the investment of people you don't know. Why?

Pathetic

NU, youre a mug, hes BSing you, nothing happening by TG group at all. Fact. One court case they've brought on themselves, by an individual. No activist shareholders, no Gretas screaming, nothing.

Hes a CLNT. How dare people expect a company to stick to the rules.

You're not conceited are you Jono. Are you providing a public service? Why?

Robert Friedland Contd.

" The Platreef mine is not a typical South African precious metals mine scratching at narrow, one meter thick seams...The platreef system is a geological wonder."

The flat lying orebody is approximately twenty five times thicker than our industry incumbents, averaging 26meters of continuous mineralization. Thickness means scale, wgich means mechanization and mechanization means lower costs and safer operations."

"Under our current thinking, while taking in to account current record metal prices, we are initiating discussions to dramatically bring forward the date for the third phase of expansion. Watch this space..."

Robert Friedland founder of Ivanhoe 5KM away

" The world is waking up to a new metals super-cycle, wher precious and base metals are no longer optional they are essential"

" Prices are rising because scarcity is real and demand is relentless...

This comes at a time when platinum, palladium, rhodium, copper and nickel are identified by countries all around the globe as strategic minerals.

Into this moment steps the Platreef Mine (5KM away) , which has a once in a generation orebody, a discovery so vast that it will be producing precious metals for generations to come, with 59million ounces in indicated category and 94 million ounces in inferred category plus significant nickel and copper."