Member Info for dusterinmong

Market makers are a bunch of complete tools here .Atm

Still ongoing

That's the word we have been hearing for months

They could be a bit more specific on this rather than the same old repeat wording

Thanks seems like the right time and place for tbis company if they deliver as expected the market cap should be a lot higher.

Joint venture with the peer neighbour poss?

Am sure this was planned to be done by now correct me of I am wrong?

If it's late or not going to plan then timescales go back which the market takes a dim view on.

Or the drop could be a wiff of an equity part of the funding package around 8p ??

Hopefully news soon .

Expect a nice move from here next week or so imho

Had a few more today looking for 4p summer

Maybe do some basic research here before posting carp

We recently had a 3 mill raise

Tjays rinsing it's way out overhang

Might be A few weeks left??

But gives a good Buy ing opp at these levels for the patient

Still a discount offered for large amounts says it's still being shifted

Once done normal market no discounts, will give us the clue it's done

Cheers ATB

Trumps being set up for a fall imho

Vance and co want the clown gone

He started something now left with egg on his orange face .

Turkey is not a middle eastern country ffs

Shows how dumb some folks are.

Like the most of this dumbed down society brainless

Its about time the company got tbis sorted one way off the other

Holders here are not a charity and want an ROI

Finance it or sell it peeps have waited a long time .

 

Project Finance Expression of Interest, Front End Engineering and Design Terms Agreed and Substantial Capital Cost Savings Identified

 

Ferro-Alloy Resources Limited (LSE:FAR), the vanadium producer and developer of the large Balasausqandiq vanadium project (the "Project") in Southern Kazakhstan, is pleased to announce significant progress following the completion of the Project's Feasibility Study.

 

Highlights

· Terms agreed for front-end engineering and design ("FEED") with China National Chemical Engineering Sixth Construction Co., Ltd ("CC6")

· CC6 have provided an indicative construction cost estimate of US$261m (excluding the relatively minor costs of the equipment relating to uranium and molybdenum sorption), that cuts the funding required to get into production to US$311.9m, a 40% reduction compared to the Feasibility Study

· Corresponding enhanced Project internal rate of return ("IRR") of 31% (unlevered, post-tax) and net present value ("NPV") of US$931.6m

· CC6 has received a US$221.8m non-binding conditional loan offer from the Bank of Communication (Hubei) Branch ("BOC Bank"), equating to 85% of the CC6 scope of work

· Potential access to Sinosure, the Chinese insurance and export credit scheme, substantially lowering financing costs

 

Let's hope it's not more carp from NB

On the flipside things of this magnitude take time once money start to be commited

Let's hope for closure thus summer

We have funding from Chinese in the November RNS

SURELY NOT GONE??

Are you a complete clown or a part time one .

Do you think this is going to last don't be silly .

Give a calc for 50 oil that's where it's going

If this was us listed MC would be nearer 50 mill .

Market here just waits for new and then buys not way to make money .

Buy early pays off more times than not imho.

Must be news due I would hazard a guess next week to start the ball rolling over 2p short term .

Not about time .

what happened to CHINESE funding and Feed .

Now it's gone ?? Wording does not mention them is my point

Next Steps

· CC6 will undertake the FEED contract for the whole project, with the exception of equipment relating to the uranium and molybdenum sorption which is relatively minor in cost and uses technology well-known to the Company

· The agreed cost of FEED will be US$4.1m for the specification on which the Feasibility Study, announced on 13 October 2025, was based. The estimated period to complete FEED is six months

· The Company and CC6 are currently negotiating to slightly extend the scope of FEED to include those changes necessary to make the oxides of vanadium suitable for making electrolyte for vanadium redox flow batteries, at higher than standard purity, suitable for bulk storage of renewable energy

· The total cost estimated by CC6 for the EPC is US$261m. On this basis, after adding the anticipated cost of items outside the scope of CC6 and essential non-capex expenditure such as working capital, owner's costs and insurance, the total projected funding requirement for the Project including a 15% contingency could be expected to be around US$356m

· At the conclusion of FEED, CC6 will confirm their EPC Cost Estimate. If this confirmed cost is acceptable to the Company, a binding fixed cost EPC contract will be entered into

Bridgend with a forked tongue again

We supposedly had funding see RNS FROM CHINESE

And they were doing FEED

Now he says he is talking to others

What's going off here ??

Managed a decent top up at 1.65

Overhang can't be much left now expect a move over 2p next few weeks imho

Very good.

Just need the overhang to clear before the next leg up imho

Anyone got problems on the platform?