Member Info for fulmar29

Nick said recently that the drillers had finished @Fwiji and already moved on,presumably to Musw. So the drills and info is stacking up,and they would only have moved on from Fwiji if AAL were happy to do so.

J99-Your comment" What I find strange is that they can spout on about having tier 1 assets but with nothing to back it up as yet, " can be taken many ways and on AIM I agree there are lots of spouting CEOs,but when you know that our CEO/BoD are UPODs then for them to claim Tier 1 deposits in advance of RNSs confirming grades etc. I really believe we are going to get a shock when we see the magnitude of these deposits.GLA

with one site producing (Burundi) and financing another low capex (S.A.) with over £1b rev,the only answer here is "hang on it's gonna be a bumpy ride" .The gypsum sales alone should cover capex @S.A..

sell up then !

https://www.mining.com/australia-tells-the-world-it-is-open-for-business-when-it-comes-to-critical-minerals/

Whether or not Imerys are really a potential customer, (as has been rumoured on twitter ,without proof or foundation )the article on twitter shows new avenues opening for perlite ,which are huge opportunities and beneficial to the world, hence eventually we may well have some of the many funds looking for greener investments taking a piece of SRES.
https://t.co/pHKFubIXbW?amp=1

Yes Twigs I do, I hold mine through II and Hargreaves and assume they are included, but interesting no sign of LSE/Jarvis on that list (I manage some family members through LSE and have SRES in their folios) unless they would appear as something else ? Although that 70 odd percent is not completely sticky hands it does show that the free float is a lot smaller than I would have imagined, and come some income news or gold/silver drills it will go ballistic

@Graham-we all do this with our own money, if you are happy with 6p,then sell and be happy. What researched people are trying to tell you is that the eventual sale price will be much higher. As I said it's your money and if 6p is what you want GL

Luckily NvS wouldn't take 6p now or whenever, we don't need to -6p equates to a total sale price of $120m--Not happening.

ShareG your spelling is criminal :-)) or not

when the States have "unknotted their panties" over their farce of an election, they will get to grips with business in hand. Prices for REs will increase as processors outside China are incentivised. i.e. prices elsewhere will increase, but US will need to create contracts to secure long term supply.

my numbers have always been intentionally conservative and 2p was always my "achievable target" figure, poss now much higher but 2p an achievable target. MMs will love the movement here and the fact it is AIM means they will get away with murder, but investors who can research and hold should do fine IMO . GLA

Cheers ale. Prices from elsewhere will/and are increasing as the Chinese are unwilling to supply (or limit) USA, it's all looking a little bit more than interesting here.

Hi Monarch, from the words in the interview it looks like he may have other plans, or maybe looking for a better deal with our present supply route by introducing doubt

key phrase in the interview "That we export to China AT THE MOMENT" whoever he is talking to will have to offer a very long contract, because if/when we stop supplying the Chinese they will not have us back.

George Bennett: Permanent magnets enable clean technologies which require Neodymium & Praseodymium. Rainbow has a rare earth mine in Burundi, the only one in Africa. Each BEV needs 3-4kg and a wind turbine needs 650kg of rare earth elements #juniorindaba #joburgindaba

MM removed,my questions as well

Mr MMs comments and link have been removed.

@Iptu-your scenario of the majors having the whip hand, is hindered by the fact that there is a dearth (total understatement) of new Tier1 discoveries available. Demand for copper has and will increase, and existing and new prospects have significantly decreased, all Majors are on the hunt.

lovely article cheers Burt.