Member Info for FUZZY1014

I will check the accounts tonight but im pretty sure that there will have been some write offs in relation to eclipse that increase the losses which will have a benefit going forward when Pitfield starts generating an income.

I don't disagree with you on your conclusion regarding the directors options but do have to make the point that on the 21st May 2025 the share price was 9.79 so I think it is wrong to say that there hasnt been progress vis a vis the share price.

Https://www.empiremetals.com/wp-content/uploads/2026/04/Empire-Metals-Presentation_Q2_Website.pdf

Im not sure you are a shareholder here as you clearly havent read the last 2 rns.

Current drilling

The drilling campaign, which is expected to cost A$3.7M in total, is fully funded. Drilling costs, inclusive of sampling and assays, average less than A$90 per metre which demonstrates disciplined and effective management by our exploration team.

Results expected mid april.

3.7million aus dollar is circa 2mill gdp

With 8.4mill gdp in the bank 5 days ago what fundraising could possibly be needed over the next 12 months.

Given that the final results state

Strong cash position as at 20 March 2026 of £8.4 million

Are you saving they have spent 8.4million in 5 days?

If you don't care about people respecting your opinion why post 20/30 times a day on the forum?

Dusty just because you are invested here does not give you a right, responsibility or obligation to respond to every single post on this message board. If you want respect show it to others by all means post your own research and evidence but dont respond just for the sake of responding

Then respectfully Dusty i suggest you reread your post whereby you definately seek to imply that Manlord is wrong to base his feelings of the cost of the drilling program and possibly the RNS of october 31st 2025 regarding the use of the placing funds

Use of Funds

The proceeds of the Subscription together with existing cash reserves of £4 million will be primarily used for:

· Exploration and Mineral Resource Drilling

· Project Management and Project Development including:

o General development related studies including environmental, social and marketing

o Preliminary engineering and economic studies covering mining, process plant, infrastructure and energy

o Metallurgical development including mineral separation and hydrometallurgical continuous piloting

· Corporate overheads

At aus$100 a metre thats 4.1million aus$ or cira 2.1mill gdp.

Given the amount of AC drilling it is likely to be less than 100dollars a m so if anything i think it may be under 2million.

Empire has previously recieved EIS funding for drilling which could also come into it

Https://www.bing.com/videos/riverview/relatedvideo?q=Empire+Metals+Managing+Director+Shaun+Bunn&mid=87D1944DE76EF69A8BE787D1944DE76EF69A8BE7&mcid=6FEEC74CBDD94A4C861AC3FD3025DCBB&FORM=VIRE

from a month ago but worth watching to remind where EEE is currently regarding the drilling

I think the costs will be more than $40 a ton, that is from the MRE that doesn't include travel costs or things like tax/royalty etc, but ultimately it's likely to be much lower than other producers and the fact is that if the value is $2500 a tonne or even $2,000 a tonne price for Tio2 there is a significant upside

I don't think so, looking at the MRE RNS from October, the new/future drilling is to expand the MRE to the Cosgrove area

The MRE model is currently being reviewed to ensure future drilling supports an MRE upgrade in mid CY 2026, focused on conversion of some Indicated Resources to Measured at Thomas and Cosgrove deposits. This MRE upgrade would further assist with mine development planning, as well as growth in the overall resource from a substantial Cosgrove MRE grid drilling and Thomas infill drilling programmes, further bulk density work to increase density figure used and ongoing metallurgical test work focused on determining a final process flow sheet and end product specifications.

The Mineral Resource Estimate for Cosgrove is estimated based on the limited drilling completed to date, with no MRE grid drilling completed on a large scale.

The Company has lodged a Programme of Works with the WA government's Department of Mining, Petroleum and Exploration to support an extensive grid drill out of the Cosgrove Deposit over the next six months. The grid drilling will be designed primarily based on the Thomas MRE grid drilling, being AC drilling on a 400m by 200m lines over a 2km by 5km area and infill RC drilling.

The Company plans to use this planned drilling as a basis to upgrade and expand the Cosgrove MRE.

Apologies you're before the Grammar Police arrive

Selection of EEE RNS's

25th Oct 2022 RNS “Giant” Copper Province Potential at Pitfield

3rd Nov 2022 RNS Geochemical Mapping Highlights “Giant” Copper

6th Feb 2023 7:00 am RNS Giant Copper Province Potential Confirmed by DD-IP

30th May 2023 7:00 am RNS Giant Cu & Ti Mineral System Confirmed at Pitfield

But yeah your right Manlord shouldn't have been talking about Copper before they found the Titanium

Your whole issue with Manlord seems to stem from the fact he promoted the stock at 10p and you said it would go down to 6p,

A) point me to a stock that goes up in a straight line

B) it did go down to 6p 4 months after it went up to 12p and then it went up again and went down again.

Just give it a rest please.

Dusty if you want to give stock tips set up an X account and fire away but don't be so totally hypocritical to boast about a gain that you have made on a share but then criticising other users specifically in this case manlord for tipping a share (EEE) from 1p onwards (especially when that share (EEE) has gone from that 1p up to 80p at one point and now is settled around 40p.

For god sake, if you insist on posting on this board, at least once every thousand messages can you actually make it about EEE.

Https://www.australianmining.com.au/government-names-first-minerals-for-1-2-billion-strategic-reserve/#:~:text=Ahead%20of%20Chalmers'%20visit%2C%20the,manufacturing%20and%20advanced%20defence%20applications.

Article referred to in x link

Https://www.polarismarketresearch.com/industry-analysis/titanium-dioxide-tio2-market

Some reading on the pigment markets for your contacts element1

As what happens when you type on a phone in small boxes typos happen. It should have said main residence not main allowance.

I would much rather this board be about EEE but you and others insist on bringing up other issues, attacking peoples posts and correcting peoples grammar and spelling and I was simply correcting your statement that " All assets aren't subject to IHT, main residence is free of IHT" which is a wrong and misleading statement.

Regarding Aim shares From 6 April 2026, the rules for AIM shares and other business/agricultural assets will change significantly as part of the 2024 Autumn Budget reforms.

AIM Shares: The rate of IHT relief for qualifying AIM shares will be reduced from 100% to 50%. This results in an effective IHT charge of 20%

Aim shares will not get advantage of the 1million BPR allowance as that only applies to assets that attract 100% relief