Member Info for Dofmeister

HTTPS://www.linkedin.com/posts/robert-van-muiden-5411837_storuman-fluorspar-project-for-many-years-activity-7469804731574640640-d-dG

C 35 holes to be drilled over next 12 weeks should keep the RNS busy.

Mr Allaway to you please Catbert.

Yes my position was reduced due to the placing but I added to my holding on the same day.

See the ADVFN board for comments, nobody worried, seems all old news……

Aside from the fact the resource will be proved up within 6 months…….

Nice to see Jedster suggesting the SP could go between 4 and 8 times higher !

This is likely to be low cost due to surface oxides.

Sounds like it’s nothing to do with Altyn, it’s a 3rd party dispute.

“ The Board understands that the questions relate to a preliminary request for an investigation which arose in the context of a family and inheritance dispute relating to one of its shareholders. It is not a matter in respect of the Company and, in any event, the Company has been advised that the underlying allegations are without merit”

I like the fact that the Directors have substantial shareholdings in the company and it’s in their interests to drive a great deal……they will make many millions each….hopefully.

Couldn’t be arsed with doing that, bought 11,025,000 shares at c 7.5p and waiting……

I’m happy to wait, put £250k in here at c 80p a few years back and waited. Happy to wait another 24 months to get £20+. All the best with your investment, the Assaubayevs work at their own pace, you either live with it or can move on.

I think they have managed it perfectly well:

• Seki up and running at 30,000 oz

•Finance raised to increase to 50,000 oz +

•Run production from Seki for 24 months to build up cash to expand to 100,000 oz plus

•Publish CPR for Teren Sai and obtain mining licence

•Ramp up to 100,000 ox from 2028

Not sure they could do much else aside from taking on huge debt and risk to bring forward TS.

I think the TS deposit will be very substantial. Not long to wait.

Silver is c £60 per oz ……

Sounds to me like there will be enough resources for 2 separate mines……and potential to double the NPV for an incoming investor on a sale of the Company 😀

So ave of c 35m oz in Tertiary ownership in situ. $2.5bn in the ground from surface. Low extraction costs…...Market Cap £5m 😭

Lots of questions, low grade oxidised ore suitable for heap leaching and substantially lower costs…..

450m x 400m x ave depth 50m gives c 15mt……..

Average bulk tonnage open pit AISC c $20 per oz…..

Mushima is a guessing game but 10m tonnes grading an average of 40 gt silver inc of copper credit would give 14m oz of silver in situ.

Mushima North Exp Target due by next Tuesday….

🤣🤣🤣🤣🤣

Sounds to me like Mike is suggesting Beehive gets mined first because of higher grades…….