Member Info for dusterinmong

LIBERO

Yes coincidence lol

I see MD and NB both reside in Jersey to some extent?

How did the conversation go I need dosh your the biggest name in mining ???? hmmmm

Also no 25p options taken up also

Or a pre arranged ramp to 40p to get NB divorce away investors making a shed load from 9p to 44p ish cashing out and then selling the 30p shares at a slight loss having made 400% On the way up

Sounds far fetched but seen it before and until Blue vision commit it's open season here after the dust settles

FUND IT SHOULD READ.

Very odd goings on here at the moment short term at least

IF you can wait for the bottom no issue but something still bugs me about that latest VSA Vid

Sir Mick said we need 're confirming what the CPR has stated before moving on or words to that effect.

Lets hope the BFS confirmed that then it's to the races with the sp as Mick will find this

If NB is not on the money it's a Faller at the first fence.

As I said before it's 4 to 6 months away so folks will move on and investors buy in

ATB

SIR MICK V FARAMOG

If you look you will find the winner

But hold for the real gains this year not 1 week

SIR MICK QOUTE BELOW

There are multiple near-term catalysts for the Company and I expect to see significant progress in the coming months."

Faramog

The low cost is due to the by products ECT you know this and you know they have other materials in the mix

Now do I listen to you or Mick Davis SIR TO YOU?

Market makers will be filling orders so watch out for large buys today Friday

If you can't understand that I can't help you anymore

· Proceeds of the total funding package will be used to:

o Complete the expansion of the existing, cashflow generating, processing facilities

o Complete the Bankable Feasibility Study ("FS") on the Company's large scale, low cost Balasausqandiq Vanadium Project ("Balausa Project")

· Establishment of a strategic relationship with VBR through:

o Additional future investment rights tied to construction milestones at the Balausa Project of up to US$30m at higher share prices

o Sir Mick Davis to be appointed Chairman of the Board

o Offtake rights granted to VBR, upon VBR's and the Co-Investors' investment totalling in aggregate at least US$10.0m, to purchase up to 25% of all vanadium bearing materials produced annually by the Group at market prices

o Conditional right for VBR to make further Board Non-Executive Director appointments

o An agreement and joint initiative to recruit additional members to the management team to ensure that the necessary skills and leadership are in place to take the Balausa Project into production

It's all in the RNS MATE if you read it

There are multiple near-term catalysts for the Company and I expect to see significant progress in the coming months."

Sir Micks comment shows how some cannot do basic research ECT ECT on newsflow

Sir Mick Davis commented:

"The Ferro Alloy Resources investment case is compelling, has an attractive risk profile and many qualities that are difficult to find in other mining investment opportunities. The Balausa Project has the potential to become the lowest cost producer of vanadium globally and to deliver highly attractive returns to its shareholders. This long-life asset benefits from access to excellent existing power and logistics infrastructure and has clear potential to achieve net-negative cash production costs - a unique quality in this industry.

"The strong investment case for vanadium is clear not only from a steel demand perspective, but even more when considering the huge potential for vanadium redox batteries to play an integral role in the establishment of reliable 'base-load' renewable energy, capable of reducing the world's reliance on fossil fuels. The Balausa Project is especially attractive in this respect given its production cost profile and the team's conservative long term price assumptions.

"I would like to thank Chris Thomas for Chairing the Board over the last two years and look forward to working with him and the rest of the Board and management team following my appointment.

There are multiple near-term catalysts for the Company and I expect to see significant progress in the coming months."

Chris Thomas, Chairman, commented:

"I am delighted to hand over to Sir Mick Davis as Chairman and, following his appointment, return to the role of Non-Executive Director.

"Mick shares the Board's vision for the business and fully supports our plan to deliver its potential. He and his partners bring not just personal financial commitment but also deep experience of the capital markets and expertise in the vanadium sector.

"We believe Sir Mick's involvement will accelerate the progress of the company. I am more excited than ever about the prospects for FAR and look forward to working with Sir Mick and the rest of the board to bring the Balausa Project to fruition."

 

Sir Mick Davis commented:

"The Ferro Alloy Resources investment case is compelling, has an attractive risk profile and many qualities that are difficult to find in other mining investment opportunities. The Balausa Project has the potential to become the lowest cost producer of vanadium globally and to deliver highly attractive returns to its shareholders. This long-life asset benefits from access to excellent existing power and logistics infrastructure and has clear potential to achieve net-negative cash production costs - a unique quality in this industry.

"The strong investment case for vanadium is clear not only from a steel demand perspective, but even more when considering the huge potential for vanadium redox batteries to play an integral role in the establishment of reliable 'base-load' renewable energy, capable of reducing the world's reliance on fossil fuels. The Balausa Project is especially attractive in this respect g

There will be plenty of news this year See last RNS Sir Mick comment near term catalyst

That extra as you say for what?? is to get the existing plant cash flow positive see below wake up pls

Highlights

· Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") comprises:

o An initial investment in two stages of up to US$3.1m by VBR, a company led by Sir Mick Davis, and the Co-Investors including Tony Trahar, former CEO of Anglo American plc (the "Initial Investment")

o Further investment rights granted to VBR of up to US$9.5m at the Issue Price (the "Further Investment Rights")

· Transaction structure provides a pathway to VBR to acquire 21.29% of FAR for U$11.5m of the total funding package

· Proceeds of the total funding package will be used to:

o Complete the expansion of the existing, cashflow generating, processing facilities

o Complete the Bankable Feasibility Study ("FS") on the Company's large scale, low cost Balasausqandiq Vanadium Project ("Balausa Project")

· Establishment of a strategic relationship with VBR through:

o Additional future investment rights tied to construction milestones at the Balausa Project of up to US$30m at higher share prices

o Sir Mick Davis to be appointed Chairman of the Board

o Offtake rights granted to VBR, upon VBR's and the Co-Investors' investment totalling in aggregate at least US$10.0m, to purchase up to 25% of all vanadium bearing materials produced annually by the Group at market prices

o Conditional right for VBR to make further Board Non-Executive Director appointments

o An agreement and joint initiative to recruit additional members to the management team to ensure that the necessary skills and leadership are in place to take the Balausa Project into production

Indeed Iceman floor is pretty much set maybe a few stale fly by nigh types still to exit as they can't see 75p this week but that's fine by me as il buy up more knowing by year end q3 4 it could be over £1 as news comes in thick and fast

Mick's mates in who can get this going added to the board

If you watch the VSA vid last night it seems to me Mick was bored ****lxxs when Nick was mumbling on. so his days are numbered imho.

Think Mick will leverage Money for developement but on the prefix his men are running the show all imho

Can't see any here

Many news items to come glad the numpty day traders are out investors in less volatility

Sir Mick Davis commented:

"The Ferro Alloy Resources investment case is compelling, has an attractive risk profile and many qualities that are difficult to find in other mining investment opportunities. The Balausa Project has the potential to become the lowest cost producer of vanadium globally and to deliver highly attractive returns to its shareholders. This long-life asset benefits from access to excellent existing power and logistics infrastructure and has clear potential to achieve net-negative cash production costs - a unique quality in this industry.

"The strong investment case for vanadium is clear not only from a steel demand perspective, but even more when considering the huge potential for vanadium redox batteries to play an integral role in the establishment of reliable 'base-load' renewable energy, capable of reducing the world's reliance on fossil fuels. The Balausa Project is especially attractive in this respect given its production cost profile and the team's conservative long term price assumptions.

"I would like to thank Chris Thomas for Chairing the Board over the last two years and look forward to working with him and the rest of the Board and management team following my appointment.

There are multiple near-term catalysts for the Company and I expect to see significant progress in the coming months."

Chris Thomas, Chairman, commented:

"I am delighted to hand over to Sir Mick Davis as Chairman and, following his appointment, return to the role of Non-Executive Director.

"Mick shares the Board's vision for the business and fully supports our plan to deliver its potential. He and his partners bring not just personal financial commitment but also deep experience of the capital markets and expertise in the vanadium sector.

"We believe Sir Mick's involvement will accelerate the progress of the company. I am more excited than ever about the prospects for FAR and look forward to working with Sir Mick and the rest of the board to bring the Balausa Project to fruition."

 

While the pi sits and wait and some with the patience no longer than a day investors will mop up now waiting for all the newsflow to drop then gap up wait for the t traders to finish then a ria back will begin market makers will hold it around here for a few days or weeks imho

Good level to take a stake if you can wait for the gains

ATB

Traders out which I was waiting for floor set now newsflow will be plenty over the next few months for gains imho

ATB