Member Info for edzi

Hi All

So just to make sure I understand, am I right in thinking that someone on this board said that Fidelity as of the end of July had 95 million left, and now we see that at the end of August they have 95 million left but others have sold about 10 million.

What did it say on Morning Star as I can't get it. I have to also say that the number of shares bought or sold as we don't know in the last few weeks have been so low that I don't think it's funds but PI's.

I also very unfortunately seem to be agreeing with Happy Days, we've had so much hot air blown up our rears that I am beginning to think that maybe we are the ones deluded.I spoke to my brother in law who is exceptionally comfortable and very astute, he does not deal in shares but property which he has loads of. I explained the situation and as a novice bystander he can't understand that if it was such a wonderful story with such ground breaking Technology if you would like to call it that, and the markets normally look forward more than backwards, how come Edzi you are where you are.

I'm having a little trouble trying to answer the question.

JLP POsitive

That can't be right as Gotreal who knows a darn site more than Goldman said it will go to $50.000 a ton and he's always right. I sticking with Gotreal !!

Gotreal

You have just confirmed what I said in my post.

The only profits I can justifiably say are zero are mine in the past year.

If anyone wants investment advice, I'm ya man !!

Mikie

The beer is still on and of course I don't want to ignore the most profitable part of the business which I think if my memory is correct which is questionable is why I asked him the question, he can't ignore that.

Hi All

Just wanted to mention without starting an argument that Kalan has his view which I may not agree with but some people on here just can't stomach someones views is if doesn't agree with their own thoughts, ie: Mikie Gotreal etc.His view is thought through and given his experience should be read and respected but not blasted because you are not happy with it. People on here just can't take a view that doesn't suit their rainbow strategy. And they are obviously correct which is why the SP is where it is. Yes maybe Fidelity is selling down but there has certainly been a severe lack of buyers since Roan was announced to be up and running together with the Archer interview. We all think that the Company is great, including me, we have all invested including me and so has Kalan and he is underwater. People just don't like looking at facts or hearing another opinion

******

may i ask, if cannacord and berenberg are valuing the company at 10 p now how come you are so pessimistic and why are you assuming no value for pgm,s and chrome

Mornin all

It's not the metal fabrication you have to concern yourself about, it's the electronic system and software that's the problem.

I would love to hear that they have solved that problem regarding timelines and custom control.

Hi All

Just listened to Rick Rule, He really didn't say a lot other than he doesn't hold the shares, I am not sure what he means by 4/5 but the SP seems to only be valuing the Company on it's Chrome and PGM's. I am hoping that we get an RNS out this week on Thuste second module. people are now obviously waiting for Fidelity to show their hand in the form of a TR1 and then let's hope some buy, but I think people are saying why but now if we know there is a big seller and it could go lower

Seis

I want to thank you for all the research and important information you bring to the board.

Makes things a lot clearer and now we all understand what is going on.

Whatever you think of me which I really don't mind, you are an important factor on this board

Regards

Hi Gray1

Good to hear that you are OK, I'm going into hospital on Monday for a back procedure so other than that I'm OK.

I have been looking at the Chambisi story on the web, buying it is one thing but getting power to it to be in constant use is another and that is going to be the main problem with all the new pods going forward although they don't need much power and water. I wish I understood it more but Chambisi is still throwing out 600,000tons of Copper one way or another, so they site says, that was up to March 24. I don't know what the max they can produce but I'm sure Seis will know. The problem you have is power/ water etc and if Leon decided to build their own plant at Roan which was mentioned I presume it would take over 18 months subject to getting all the relevant parts, and the cost would probably mushroom. But what do I know? Answers about the last comment on a postcard please and sent to Blue Peter at the BBC

Gray1

How ya doing?

It's quite difficult to balance the situation at the moment as Leon talked about now being in a situation to do some type of finance now that the copper process has been proven. More dilution should be the last resort if he is true to his word.

Listening to Charles Archer and reading what was put on the board this morning you know that something big is going on in the background (how many times have we said that) I know that I have always slammed the Company regarding comms and that to a point has not changed as improvement could be massive but I feel that the next 6-12 months could be very exciting and I really would not be surprised if there isn't some type of tie up with a much bigger Company in form of massive JV or bid. How the market would take it is still unknown but to be honest I wonder how many people here would accept 18-20p. I don't know if I would or wouldn't

The article is interesting as it does look like there are about 4 companies in the space, one of which is valued at £500m but can't find the right project, Jetti that look like they are behind us but have big backers mainly it seems for Sulphide solutions, and the other one was an existing large miner with a process . JLP being the fourth, the most interesting thing is that this type of processing is now being talked about as a disruptor Company and even Leon states that in a year or 2 bigger fish will be looking at how to do it but they won't have the process . We look like we can do it the best way because of the pods that we produce that are flexible and as Leon has been saying can be added to on site also they said that refining was key so getting Chambisi or another site would be vital. encouraging article

Northern

I've never even thought that they are faking figures, why do you say that. What I am saying is that everything is now on the launch pad and the shares are going down. What am I missing. After listening to that Podcast 12 - 24 months ago there would be a spike in the SP

Just listened to the Charles Archer report, it sounds fantastic, it looks like we are on a great platform for growth and the money should follow, I just can't understand the situation, what am I missing?

All the interview re-confirmed why I am in this stock but it is so unloved.

I would not be at all surprised if there was a bid for the Company,

You know the saying, if it's too good to be true then ............................

Hi Shuvlin

Yes I remember that but it looks as though the electronic parts are very specialised

But it was a sell so it doesn't make any difference if it's OTC or not as a sell is a sell

Seis

It looks as though you have much more of a handle on the situation than most, the areas that you have just spoken about never really entered my mind as I have no idea regarding engineering and when someone technical explains it my eyes glaze over so thank you for your great explanation as it gives much more of an understanding on how these processes work. I like probably many think that you turn the machine on and in some cases you are up and running.

The question that I think most people want a steer on is now they have the Roan unit up and running have they learnt anything regarding getting new pods in a quicker time, it looks like the heavy stuff is OK to produce to a timeline but the electronics hold everything up and sourcing that and getting in through customs is key to the timeline of future units and increase of production.

Hi All

I have just read the Charles Archer report which is one of the most detailed I have seen. It even looks like it's been written by Leon and Co. It really is a compelling read even if we all know the story and he is even saying that a buyout could happen. I think he is one of the more reputable people in the arena. It is interesting that he is stating that maybe we are not a PGM producer but a Chrome and Copper producer. Please God his words will come true and a re-rate is going to happen

Gray

I have been involved in so many RNS's for companies it became boring, Trust me when I state that they could have been more clear with what they were trying to achieve. I would like your views on having to listen to a podcast to calm the situation down. AND if Thuste 2 will be up and running do you think the Chrome output will be more than they stated. if not what's the point in building it