Member Info for edzi

Hi ALL

I can fully understand that if there is a big buyer in the background, they would want to be careful as to what price they are purchasing so

it makes sense for the person in charge to turn the tap off and on when they want to so as to average out and not overpay at the time of buying.

I do beleive that this is the case and they are getting support from some of the MM's. One point is interesting though, some people say MM's don't hold stock

and others say they do. I do feel as though they must hold in some way or other to be able to trade which is why they give the amount they are prepared to deal in. A shake out albeit a small one is very good for getting to the next base for a rally. although it does infuriate me, shares don't go in a straight line as we know.

I May be wrong but I think the MM's are trying to shake our sellers for stock as the price really doesn't justify the volume.

Comments please

I don't think the results are already known, I personally think that the article Charles Archer wrote is just confirming what everyone knows as it has been said by Paul Barratt himself that he wants or needs to monitise Kalayi. I also agree with Charles Archer about the VPEM, the buyer wants to know what he is buying.

The most important drilling is yet to come, When they drill downhill at Kalayi and if it shows the same results as Alphamin, then you have a really interesting project. This will hopefully endorse another player to come in. It is a shame that TIN does not really show up on a VPMN but on another note, if there is more Copper which will show up it will be even more interesting. It's the waiting that kills, Let's hope they blow the bloody doors off !!

Has anyone noticed that first thing this morning 142000000 shares were sold. That is either one lump or a consolidation of shares sold.

Very interesting and things seem to be bubbling up

Hi Dorsal

The new interview came through on my email. I have listened to it, nothing really new, I am hoping that Paul is keeping his cards

close to his chest as he is talking about drilling later in the year once the MRE and Aerial work is done. However I in some way do

agree with Charles Archer that although a Company like Rome could keep on drilling for another 24 months easily there comes a point

in time where although you may be increasing resource and building more confidence in research of the ground, you have to stop diluting

and sellan asset, be it Kalayi or Both.

Hi Figes

Tha Vox video is an old one.

Marginminer Thanks for your post, keep them coming as you know or understand more than most on this board including me so any conservative views are more than welcome

Hi Marginminer

You seem to know a lot more than most regarding the mining etc etc which is good to know as I always enjoy being educated in areas I am

not 100% clear on. Do you know if Alphamin used the same teqnique on their area as they have been struggling for new resource and I just

wondered if there would be a gap between where our area starts and their area stops. As I said in my earlier post today, RMR could drill for the next

5 years but sooner or later they need to dispose of either Kalayi or both. I just hope that it is sooner rather than later for a Myriad of reasons

What are your thoughts?

Margin Miner

Sorry for the delay, I have only just seen your post. Yes I agree with you, 75% recovery rate should be achieved and $1500 per ton should not really be a problem. I trust the Board to get a good price. IRH are a very big player as we know, they want a bang for their buck but it would not suprise me if they studied the Aerial Map once it is complete and do something radical. If the board wanted to they could drill for another 5 years. At some point they should let go of the DRC and develop in a cleaner more stable environment.

Mercedes man

I share your confidence, some of the trades over .38 I think were buys but someone is in the background buying stock, they have been for a few weeks

Regarding the results of the latest drilling, I think we should be confident but manage expectations. Yes the MRE will be positive mostly because of the

new agreement regarding ownership. If they show anything near 100k tons I will be very happy. To get to where we want they will have to drill down the hill

as explained as if their model is correct that is where the mother load is. Then we should be on the dance floor. I am wary of people hoping for too much and then the SP dives.

Hi All

I have just been reading the Broker note again and I have a few points to make. Firstly, they have only increased the value of the Company pro rata with the increased shareholding of the two licences. They also state that the value is based on 200kt Tin gross being 100kt net at a value of $1000 per ton.

This is based on the cost of building a plant to produce the metal.

I believe that they are quite rightly being conservative, or I hope they are !! My thoughts are the following and I would like comments on them if possible.

1) they should achieve a better recovery rate than 50%

2) Although they rightly discount the share for juristriction etc etc a price of $1000 per ton is light, I was told by a mining specailist some time ago that you should be looking at $2000 per ton. This is when Tin was $30000 per ton. It is now as I type today $53000 per ton and if Alphamin buy the licence and already have a working model 8km away then they should pay more than $1000 per Ton. Even if it's $1250 per ton it's amassive uplift. I have other thoughts about things but I don't want to say too much or ramp anything , I am just looking at facts. There is also someone hoovering up the shares as we are up today after 11millions sells in 2 tranches. Enjoy everyone and looking forward to next week

Correction 50000 tons sorry for the typo

I know that we are all waiting for blast off, but on top of that I have to congratulate Paul Barratt for the way he has gone about running tha show.

It makes a change for a CEO of an AIM listed Company to firstly be understated and secondly, to do everything he says he will do. As like evryone, I am in a rush to get to the destination, but the journey feels controlled and confident unlike some of the other shares I have been in. We should set up a sweepstake and try and guess how much TIN will be announced later in the month. If we drill at the bottom of the hill like Paul says and find the mother load then we can only guess what will happen to the SP. Having the Broker state 1.31p with 500k tons is very positive as there should eventually be much more. GLA

I think we stand much more chance now we have a better percentage. For instance we now have 75000 tons of copper before more drilling

Dipp666

Thank you for the post.The report is very informative and as I read iand assuming I am correct, they value the share at 1.31p assuming that the Company report

that the RME creates 50,000 tons of mineable Tin. Unless I am mistaken this does not include any real value for MT Agoma, regarding Copper, Zinc and Silver but may include any tin announced in the maiden MRE. This seems very encouraging especially when you any more findings at Kalayi to be drillied in late June/July. On top of that you will also have the Mt Agoma Copper etc.

Please correct me if I am wrong but we may have an interesting 6 months ahead and as long as there is no crash may get to 2p.

Seawitch

Thank you for the information, I just can't understand people selling at this moment, I know the volume is not high but we should be on the cusp of

a rertate in the next month or so unless I am wildly out of kilter. Any thought of where we are going in the next 2-3 months would be welcome.

Hi ALL

Can anyone please confirm when the new shares regarding the purchase of the shres in Mt Agoma and Kalayi are going to be finalised.

I have looked at th RNS which doesn't give a date but I thought this week was going to be the time to sort all this out

Hi All

Interesting views on here today. The Company I think is clearly in trouble especially if the rains are a problem.

Yes they are getting money from the sale of SA but they are now such a small Company having spent loads on dumps that are useless

together with Roan and Sable that it would not suprise me at all if they clear the decks distribute any money that they get down the line from the

SA sale and go private so they save monet on PLC costs.

Good afternoon all

Firstly, I freely as before admit that I am not holding but am keeping an eye in case I want to get back in.

I find it quite annoying that SEISNAV who everybody seems to respect and listen to starts having a go at someone else who like me

are not in the share at the moment but post their point of view in a genuine way. The Company at the moment is appaulling and on tp of that can be accused deceiving shareholders. SEIS can I remind you that you have given advice for quite a few years letting it be known that you don't trust anyone with a contrairian view. Meanwhile, the SP has been tanked and timelines have been ignored ertc etc. Seeing as quite a few people have been warning everyone for over 2years that the Directors are not trustworthy and what they say and do are two different things BUT you Gotreal and others just won't accept it.

May I kindly ask, who has been correct in viewing the Company as unreliable and un trustworthy. I can't believe how what is thought to be level headed people react.

Hi There

someone is very interested with RMR they just bought 62 million off someone who wanted to move on.

The ask went up as well so all bodes well for next week. Have a good weekend all of you.

It is interesting to see what some people who have podcasts are saying about RMR, one of them being Alex Brummer who doesn't particulally like

RMR because they won't pay him for interviews has said that this share should be a lot higher like other exploration companies etc etc.

I can only think that most people are put off investing in the DRC because of it's history,we can only wait and see what happens once we know when they are going to start drilling again.