Member Info for Fortitude

If one reflects back to pre licence days for Rainbow Rare Earth Minerals one cannot fail to forget just how long Martin Eales had to spend securing this deal….Like wise today at Ironveld the months roll by. … As at Rainbow the critics doubted whether this could happen!. …Martin will make this happen…..
S49…yes although I was aware of Luge it’s underlined the extra revenue that will be achieved here……..

We have two parties here firmly signed and committed to financing the TVM project . .the former we know is working in a much larger arena ,financing even larger projects….the government is understandably cautious with the quality of the money coming into Namibia….they are after all a young and relatively small mining country….checks are being carried out at the present time ….The Government is extremely zealous to conclude matters here……I expect results soon….I suspect the second investor is having to be checked again in compliance with Government dictat. Turning to diamonds I have little doubt that profitability has been obtained by new CEO Edmonds….News from Heavy Mineral Sands can’t be far away now….last we heard public notices being placed within community…………….

As I have said many times Martin Eales is a deal maker. He has been the only man to conclude a rare Earth mineral deal in Africa with Rainbow REM. Track record is all that counts with company top brass. It shouldn’t be long now !

Exactly describes what awaits us here when full mining starts at WHM…….We are indeed very close to issue of licence…..Looking more broadly, Ironveld and Kazera cannot be separated, both companies futures are inextricably linked like night follows day and both companies are as close as they ever have been to industrial life……Both as I have been saying for years now will bounce off each other as growth expands…very exiting time ahead now…! !………………….

But in this case makes sense……the dual CEOs squares here because effectively we could well have two extremely large businesses …the TVM which enough has already been said and the other the diamond and HM Sands project…..the latter here at public notice stage suggests very close to green lighting…..To suggest that the African project and the Namibian are some David and Goliath set up is way out…….whilst the diamond business is no Debeers there’s little doubt that it will make a significant contribution……no , the Stella performer is without doubt HM Sands ……few people seem to grasp this yet…..they will ! ….good to note project well received by local community, so important in oiling the wheels…..I would not normally advocate two CEOs , too many chief syndrome……in this case I do …the pace at which this company is about to expand we are going to need these two highly experienced able men……………….

MC……..I can only tell you what’s going to happen. !……obviously this has taken way too long but the rewards here are substantial………………..

FB. ……..As I have indicated to you and others many times both Kazera and Ironveld will come to fruition…….You have zero reason to doubt…… both companies are getting there now……
Generally a very good RNS…….Enjoy the ride !…………………

TJM.........I fully appreciate your frustration .....believe me LJ would release investor deal the very moment contracts were agreed.......he cannot give out information unless an agreement is watertight......for what it’s worth I believe the deal will be finalised with the current company and I quite expect to see this in the next couple of months........we’re see ! In comparison Ironveld is 10/11years and running.......be thankful with just 5........................

Never been more appropriate this stock market saying...! What should again be reiterated is that nothing absolutely nothing can in business be slower than African mining .......in this case a new country with limited financial experience.......on the up Namibia is the 34th safest democracy in the world........It should be kept in mind that we have the best grade TA in the world and much of it.....LI is the icing on the cake with being produced with minimum cost through water separation.....not to mention diamond and REM.....To say Larry Johnson was devastated by the delay in agreement on finance is a gross understatement ......nobody has more interest in rapping this up.......To those who do not see this deal concluding there wrong , it just won’t be in the timescale most wanted.........

GTH.............the cohorts are weary after their Herculean 10 year march.........just don’t be caught napping..................

Just a reminder for balance our CEO Martin Eales is more than qualified to conclude a deal. As I have said before he is the only man to conclude a rare Earth mineral company deal in Rainbow. Yes highly experienced with track record to boot. ............... .

C 1........can you elaborate please !............_

Poppyseed............Totally agree with you as usual.........we are about to see closure for both Ironveld and Kazera with finance packages.........very exiting time ahead for GC companies......................

Well never say never.......but I don’t think so..........it really doesn’t fit G Cs modus operandi.......we’ll see.................

There is little doubt a deal is near.......what do we have here .?.............
To sum up...............
We have two of the best negotiators in the business
We have top grade products in the HPI, Vanadium and Titanium in almost endless amounts
We are in probably one of the best times in the financial cycle to launch into world markets.........
Almost certain to get a much improved deal on the one nearly agreed in November........
All in all looking very good.............

T N .............I feel that I have said more than enough about the companies caretakers.........My only interest now is to see all three GC companies come right........You seem to only give Kazera a 50% chance of survival.........completely wrong ! .........once deal done rapid growth will follow .......nothing can prevent this ......................

Hi TP
The way I see the RNS announcements is this.......both the so called gaff from GC and the RNS from LJ yesterday are very similar ........GC relied on Peter Hibberd and LJ was relying on information given by our large investor.......no one would put out important information knowing it to be incorrect. ! ....... would they. ?
In any event good to have something to debate in these troubled times..........

Hi J.....
You missed out the juicy bit....................they are footing the bill......!....

...........of course last post should read funded up to march 2022 not 2020........working late into night.!...................

Today’s RNS pales into insignificance compared to the RNS released back in November 2020 from Ironveld where we had to start again..........What we have here is a DELAY at TVM for a.complex deal involving other larger sites in Namibia ,this being required at the behest of government with their strict foreign currency laws.......At the diamond mine there appears to be illegal mining which hasn’t interfered with production.......further HMS, the big jewel in the crown is again moving forward.......On finance we have enough funds to take us to March 2020..........
Finally to speculate on what happened 4/5 years ago with the price is odd to say the least, likewise to bang on about Ramping and I assume it’s me your going for here is laughable........as mentioned before a drop from 14p to 1p is hardly ramping .......a better case could be put for de ramping..........we shall soon get over this temporary blip.................