Member Info for edzi

Shuvlin

Yes I know but we don't know when they are building them, Do you know by any chance if the 8 million shares traded this afternoon are buys or sells because no one knows these days unless you do a dummy trade which I can't do at the moment

Regards

Hi All

The rain is a bit of a double edged sword, The lakes will fill PG but there is always a problem with trucking when it's wet as there are no proper roads

Chartopper.

We had about 2.5 million shares traded today, not exactly earth shattering. PI's are voting with their feet, or buttons to be exact. Most if not all shareholders who are on this Message Board think that this share will go the distance and be great.

I still do to a certain extent but until the money is on the balance sheet no one is interested

Well,The presentation I thought was quite transparent and positive. Others obviously didn't

Hi All

Have been out all day, does anyone know where I can find the video of today's chat

Many Thanks

Hi ALL

I now have to go out to a meeting tomorrow so I can't listen to the meeting. Does anyone know if JLP can produce fine copper and extra fine copper like they do with Chrome?

Is the meeting going to be shown in the afternoon or evening?

Regards

Decimal

It seems that you are talking against what is going on and what others believe.

I'm not sure that you have grasped the situation but good luck

Hi All

Just listened to Leon on the Roast, he sounds much more confident, it looks like we are just about there excluding the new leaching process and then we will fly

Thanks Jonah

I have never read that, or to be more honest I probably have but it went right out of my mind

Have a good weekend

Morning all

I understand from reading some posts that the leaching process that is going to be added at Roan has taken some people by surprise.I am not technical enough to understand what benefit to adds to the process and why they have now decided to add this to the process. Can someone please tell me why, and is it a question that should be asked at the AGM. How much and how long etc. Is this the start of having a full processing function like Sable at Roan Many Thanks

Lootgaloot

You are starting to think and spread malicious rubbish.

There has been a new set of accounts, IRH have done due diligence as have Slater and others.

Hi Viable and others,that was a very interesting interview as it throws a completely different picture on the project, or should I say projects. I have stated when posting with LFM that Copper is there as well as tin and that we can now look at a scenario whereby Alphamin could buy Kalayi being just pure Tin and a new Company could get Mt Agoma being 3 metals. This is warming up nicely. GLA

Morning LFM

Thanks for your response, I probably feel the same way as you except for the Copper play.

I know what price you came in on as I remember your first post and you backed it up with the first and second buys.

I was a shareholder of PFP and bought about half your amount at similar prices to you but I think you probably hold a few more than I do. I have always thought that 1.5p would tempt me to go but it depends if another player get's involved

Talk soon when the next RNS comes out

Hi LFM

Just to let you know, I am not arguing with you or doubting what you say, I'm just looking at things in as many ways as possible. Of course a JORC statement is vital especially if they say that it's open to strike both sides or more, the other play of course is the Copper and how much it would cost to set it all up and get it out the ground, for instance Jubillee Metals have a way of getting different types of Copper ore out of one machine as such, so there are the costs to take into account but Tin and copper are reported to be on a long increase in price. As they said, if there is 2% Copper and enough of it Companies will fall over themselves to get hold of it, let alone the Tin. I think most people will get out if it hits 1p as a profit is a profit. I also think, well know, that the Brokers are famous for ramping a stock and then getting out

LFM

I have had a look at the Alphamin records, it cost them $175 million dollars to put the mine together at Bisle

the lifetime was 12.5 years which has now been extended because of more drilling. so that is a staring point although it would probably cost more today

Maybe you are right,but how do you work this price out, gut feeling or have you done the math

and if you have how have you based it.

LFM

Surely we or they have to know and understand the size of the prize before they put any type of price on the asset.

It COULD be bigger than Alphamin, it Could have much more Copper than anyone thought, the there thing to bear in mind is that there is a lot of infrastructure already there that has been done by Alphamin, for instance they only need to build a road from the minesite to the road already made, they only have to link to the existing power supply, etc etc.

Alphamin are already building a second mining unit at site B so they think that it is cost effective, If a new Company takes the asset then they would look at the costs and life of mine together with a payback time, if Alphamin purchsed it most of it is there so they could afford to pay more which is why there is a Company trying to muscle in on the board to make sure they don't pay too little.

Hi LFM

I am struggling to understand why all involved would do this for that type of return.

The prospecting looks like it has copper and I'm not sure that Alphamin has that.

The set up costs are written off over many years and presumably has tax credits.

This could be the same said for Alphamin when they set up.

The life mine would be important as well. I remember reading an article from a well known Financial reporter

who was the one who mentioned 7p. other than that I have not heard anything else,

I just keep thinking of the main players thinking of a higher price as they would not of got involved

Hi looking for money

I have been trying to work out whatever price may be the striking one. The options for many people in the Company don’t start until 0.6p and they want a good return. There is also the copper play. I think you may be near but I also would like a better price. Who knows

Thanks shuvlin