Member Info for DRealJohnJohno

Am I right in thinking BRES targets at 100k TPA low and 147 TPA by 2031. Am right in thinking TGR who are already producing have a target of 360-400k?

I am not an expert here but is there product very similar in terms of size and quality?

All of us got to be seriously hurting here, with the drip on the SP. Been some great insight on this board and threads on twitter comparing to competitors who are not even mining such as BRES and others.

TGR seems to be in its best ever position with near positive EBITDA and future expansion plans. We all know with junior miners saying your going to get into production and getting into production is massive challenge.

I can’t comprehend the share price drip, what are we missing or is this a one in a life time opportunity for top up and wait till 2030, then retire?

Yes same thing happens with tituhuium sands and was resolved after further clarification was provided.

I think it’s the change in leadership at GSMB which was probably raised the discussion. New boss thinks private companies are exploiting when they are just investing and creating jobs.

With the GSMB posts approx 2 weeks ago we must be there with news but I agree was a very random LinkedIn post….

Share price has been bubbling recently though so hopefully ready and waiting for news.

50k in pounds or shares?

The issue is see is Frayne have no consideration for retail investors. Do I want them to increase media coverage- absolutely. However, I want it to have some stubstance and not just inflate SP for it to fall again like some of the stocks I have been in.

Share price has been steady for few weeks now and I think most investors are sitting on there hands.

IMO we now need to understand timescales as without this we are ****ing in the wind. What I would say is cash burn is low if you look at previous accounts so I am absolutely expecting offtake update before placing (even if this is MOU signed)

You tried to speak to the company Paul? Or had no joy?

Similar paul, but the language is more positive than ever before. But I agree more action is needed.

That’s why Sri Lanka is in such a state they ponder decisions. Need to be more ruthless

Is this a sign that CMET is about to get offtake.

Can’t be a stronger message from government and may have been holding announcing off until this meeting

Media post

Media notification of upcoming programs and plans of bureau of geology survey and mining, media awareness about the program and method of issuing sand license, promotion of mineral exports in Sri Lanka and reciting new investors The media is informed about earning foreign exchange through mining and the new plans for it. A press conference was held at the bureau on 202211.03. For that Mr. Dr. Senarath Hewage chairman of the bureau and Director General Engineer D. Mr. Sajjana de Silva participated. Such a press conference was held with the participation of a large group of journalists.

A special discussion was held yesterday at the Ministry of Advisory Committee established for mineral and mineral sand resources under the Ministry of Industries.

During the discussion, the need to implement appreciative production projects for mineral and mineral sand resources was extensively discussed and issues and disruption arising there.

The mineral and mineral sand resources in Sri Lanka were officially investigated locally as well as quality and quantity, it insisted that appreciation production programs should be implemented immediately and in implementing that value-added products in the world. Technology, as well as education trends It also mentioned that special attention should be given to global market conditions. Truly, it can bring more economic benefit to the country.

The discussion also discussed to set up some specific plans to formulate appreciation products as well as to provide maximum facilities to associated companies, industrialists and entrepreneurs. The agreement was made here to make a technology-based formal talk within the country under global conditions.

Prof. Ajith de Alwis, Professor Athula Senaratne, Secretary to Ministry of Industries Thilaka Jayasundara, Additional Secretary Ranjith Wimasooriya, Chaminda Pathiraja, Lanka Mineral Sand Company, Sri Lanka Industrial Development Board, Kahatagaha Graphite Lanka Company, Geology surveys and mining A group of classmates, including presidents of the bureaucracy, officers and industrialists joined together. Also for this event, Prof. Amila Rathnayake through zoom technology, Professor H. M. T. G. A. Pitawala, Professor Gamini Rajapaksha, Dr. L. P. S. The gentlemen who go to Rohitha also joined.

Good to see a few buys coming in. I have done as much possible research as possible on latest situation.

I understand:
- CMET are waiting for final approvals from divisional secretary office and Pradeshiya sabah (the local government) which are in relation to land agreements. GSMB have approved overreaching mining license and EIA but final land agreements being made now with local council (mainly council owed) and any impact residents.

- offtake is extremely close. I anticipate this will
Involve offtake supplier who will support the development, with mixture of debt and premium placing.

I anticipate next 1-2 weeks will be transformational….back to double digits

What is preventing this at present? Indian government approval?

I just think this is the time for his bluff to be called. He has been so confident and even flipent over how he’s going offtakes begging him…..but he can’t stay quiet now can he.

Time will tell…I am not sure the thing he’s invested I buy,as based on his salary enough from company it’s not enough for me

We need an update on offtake from Frayne. I appreciate his job is not to update the market every week, but he’s paid good few hundred grand.

I would be expecting more communication and updates on progress…

CMET party when it re-rates… LG

Only a matter of time…13th October the lucky date get in before it haha

We all need a bit of hope, although last few weeks the SP has held.. I’ve got a feeling on 13th October 2022 we are due some big news. (For any new investors this is a pure guess and not ramping, but if fun)

I just think after AGM, we are due some big news. Offtake is coming. Watch this space as I’ve got a “feeling”.

Re-rate 13p by December ( we can hope but it’s a fair value)

Seen it myself Paul and on twitter. No timescales yet though…

Hopefully offtake drop soon

Really am confused over Frayne and his involvement. As a CEO he should be generating Interest, but since ML he has done one 5 minute interview.

Is it that he still remains so confident in project that he’s not concerned over PI’s as he know dividends payments will be significant in long run and he’s spending all his time wrapping up a deal for offtake.

What else could be doing? Surely he’s not sitting on his arse doing nothing given he’s one of biggest shareholders. Just be intrested in some comms now and then…

Here here Paul.

Let’s just get this show on the road…and get digging.