Member Info for EricDraven

The little fuker.

Cricket, we are waiting for news of a PFS commencing on our flagship project at Kallak, but it will be sometime in Q2, the CEO hasn’t mentioned more precisely when in Q2.

That sums it up with a lot of the news here, loose timescales. The momentum is lacking as well though because the CEO decided to whip the carpet from under what was the sp, by giving a 46% discount to the prevailing sp on the last fundraise offer shares. So it hasn’t recovered, the news being as it is.

If you have a barge pole, a suggestion would be not to even pick it up.

Thanks Manro. I’ll take a look just to see how they go.

Good luck to you.

Hi Manro. No, I’m still only in this and KEN (formerly BMR). I don’t have any money to buy MATD but wish you well.

Good that Alan. I saw it drop a bit the other day to mid-3p area, so nice to see it’s up again for all involved. Still awaiting the LP I believe, but looks like it will be coming sooner rather than later, after shareholders have endured such a long wait.

Best of luck with it.

Alan, he’s not that daft!

I feel it’s a good thing Kurt released an RNS for this most recent interview, as not everyone surely will trawl the internet looking for such snippets. Some investors will be relying solely on RNS updates.

So I’d rather Kurt put out RNS news like this than not putting it out, even though a link to the interview has already been shared on the bb. Can you also imagine if he hadn’t put it out and most of us on here knew the interview existed? Lol.

Hope everyone is having a good day. The sp has thankfully moved up a little.

Now we need the PFS news.

Yes Troaj. Struggling today.

2:35am, still awake! Hoping for a decent KEN Q2.

Yes, new person steps up. Perhaps he’ll change the slow process for mining permits. Not the downstream but the upstream. Lol.

Evening Roller. Yes, so let’s see if things do improve now we have entered Q2.

Yep, a fairly flimsy guess. Lol.

We don’t know why the Kal PFS hasn’t commenced sooner, but the work to speed up the environmental application has. This was mentioned in the 16 November RNS. Of course specific dates were omitted, but Ulla has allocated consultants etc.

Really though, we haven’t had enough updates on progress. Many of our RNS releases have been Price Monitoring Extensions. Lol.

Yes, quite.

Ideally an RNS this coming week, bearing news of the commencement of the Kal PFS. That would be a great start to Q2, bearing in mind we aren’t exactly sure just why the PFS couldn’t have commenced in Q1. The funding being allocated for the contractor’s services, once the fundraise revenue came in, is only a fairly flimsy guess.

TFE, thanks. Yep, once I’d found it I felt it was important to post it.

Enjoy your Sunday.

Good read that Pocko, cheers.

Lol. Yes she has got quite a few.

Lb, pmsl.

Yes Troaj, I really do hope we’re near the bottom of the drop now, it’s been most unpleasant to say the least.

Troaj, yep, and the Kal PFS is earmarked for sometime in Q2, Kurt feeling this will better identify the value drivers on the project, but of course all of the PFS news must be handled well in order that we see an uplift in sp from it. The graphite news too. So we could have a very decent mid-year period, via sp, if the news on both projects is such that it delivers on the promise indicated in the latest interview by Kurt.

Have to see.

Then he shouldn’t say 100% retail investors matey. I think we’ll leave it, and I hope you are right. What is obvious is that the sp is acutely poor and it’s his responsibility to shareholders to attend to it.

Have a decent weekend.