Member Info for EyeGuy

MrP. I think we do 0.25p soon. the 255% increase in resources net to boil not priced in in the slightest imo

I think it does 0.25p on this wave before news

Bags- bagging is my speciality and I will be bagging this too pal ;-)

I have a fair few in my sipp at about 0.10 and not planning on selling those for a long time

Ssb1 - it’s supply vs demand of shares.

Looking good. Liked this company and for me it’s a long term hold. Short term looking at 0.2’s imo

Much better today. Good volume

If you look at the figures RMM want to achieve and then chuck in the probability the will produce more too, and the fact that copper prices will imo go higher still this should get very interesting indeed

Afternoon all. Apologies as I have been a bit too conservative with my estimations.
According to the 2020 RNS, with Duckpond, copper production over life of mine will be 16789 tonnes per annum.
At this copper price looking at $160 million annual revenue with profits being between $80-90 million per annum.
Could easily be looking at 5p per share here on these figures imo

DYOR

and good morning all

yep. AMAPA main mine revenues will be about $1.04 billion per annum based on these figures and fe prices.

looking very strong

Bertie . Yesterday the markets were poor anyway so the pullback likely due to that. To finish 6% up was great. Copper still high at $4.27/lb. looking to break 0.6p today for good

Yep. Agree. Small profit above 0.4p which imo have been flipped. We will find out soon enough.

Evening all. Just looking at the averaged production LOM figures and I’m getting $125 million annual revenues at today’s prices.
Assuming they can keep costs to circa $2/lb then profits should be $60 million per annum.

Looks ready to push over 0.6 p now. Sellers flushed on each level. Excellent. Wouldn’t be surprised to see 1p by the end of the week

Morning all. Filtered posts again. Looking forward to newsflow coming on MAST. Really good interview other day and this seems to be a ground up rebuild.
Churn isn’t going to last forever and then likely a move up quickly

Read a few posts.
-For one the chance of settlement is not related at all to the share price. So the chance of it happening at 30p is the same as if this dropped 10% in a day to 22p (unless you are trying it o claim insider dealing.)

- people try and use the sp as a predictor of good and bad news. Ie the sp is up 10% news is close
Or this dropped 5%. We may not see a deal this year.
This is complete *******s basically

Important day today.
Seaborne iron ore price would provide $1 billion per annum of revenue from Amapa if price sticks.
EBITDA $800 mill
Upto $400 mill net to cadence on 49%

From 26th nov 2019

EXPLORATION SUMMARY

· 1,992 meters of exploration drilling was completed from September 1, 2019 (the cut-off date of the previous exploration press release dated November 4, 2019) to November 15, 2019, at an average all-in direct drilling cost of CDN$75 per meter;

· New drill holes have intercepted the Ming North Zone (MNZ) of massive sulfide mineralization approximately 140 meters down plunge of the previous deepest hole drilled in the MNZ that intercepted the ore zone (Hole R19-745-04). Highlights from the latest drilling include:

o R19-745-08 - 74.75 meters (m) downhole width of 8.98% copper with 2.16 grams per tonne (g/t) gold and 14.23 g/t silver, which includes two separate intervals shown below;

o Including - 27.77 meters (m) downhole width of 11.97% copper with 3.14 grams per tonne (g/t) gold and 19.23 g/t silver

o And including - 19.30 meters (m) downhole width of 14.85% copper with 2.94 g/t gold and 21.57 g/t silver

· A new drill hole has intercepted the 1807 Zone (1807) of massive sulfide approximately 130 meters down plunge of the previous deepest hole drilled in the 1807 Zone (Hole R17-660-26). Highlights include: