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here imo.

Its great we will now be receiving profits from NRR which in phase 1, project to ship 1.5mt of iron ore each year for the next 3 years.

The traders need to realise, this is a LT play. We are years away from bringing Kun-Manie in to production.

It will happen and we may even have a JV or TO before then but it's still years down the line.

Buy LT and reel the rewards

PAUL1DEANO

precisely, we are fully funded and now have our own drill rig so time isn't as important now.

I'm personally expecting news of a JV to be early next year. If it happens before then, great

on here. People throwing their toys out of the pram because we have a red day.

Listen, we know JV talks have stalled until on site visits are allowed. We know Victoria and in particular Melbourne (nearest airport), restrictions are very tight and it nearer the end of the year before the site visits can be carried out.

There's a high probability the JV will happen in time. There is an even higher probability the SP will drop even lower and rise even higher between now and then.

This shouldn't affect those invested in the company, just the traders

wanting to keep 2p behind it now.

Let's hope Covid restrictions lift in the next couple of months so we can get the interested parties on site to do their DD and give us an offer we can't refuse.

Ive got family and friends in Victoria, all of whom believe these restrictions will be in place until November at least, however I believe it depends on the statistics.

At present, travel in Melbourne is extremely restricted and hotels are closed. Regional Victoria are a step ahead, which is good, but the closest airport to Bendigo is Melbourne.

I truly believe when this happens, we will have a very very good offer on the table from Newmont

is completely unwarranted and another AIM weird and wonderful move, upon good news.

Same happens day in, day out on AIM. People buy in to upcoming news, sell on news, SP falls flat on its **se and then we see a strong rebound.

flooding in at last. The oversell upon news was ridiculous and unwarranted. Hopefully we can see a strong upwards trend towards 40s

I believe so oldtramp. He's got his finger in a few pies.

So, what we saying to Uskmouth planning..... granted by YE?

Definitely a bonus for us if it happens. Nigg had a major slump in the late 90's and early 00's so it's good to see it back in a big way. All thanks to Roy Macgregor

would certainly be a step in the right direction for Ross-shire.

Its incredibly handy having Nigg so close to the Meygen project. Depending how things pan out, its not out of the question for Wick or Thurso to be used as a port for the turbine repairs

People are too impatient.

The correspondence between Simec and NRW is frequent and good. They clearly want to ensure that Uskmouth is more green than the coal station was and its good they iron these issues out now.

I'm confident they will get approval and imo their tidal division is going to be the real game changer. They're leading the way with tidal energy and attention is slowly moving towards tidal.

The small decrease in SP is nothing to worry about. Some investors don't have the patience to wait it out and will undoubtedly buy in again when news draws nearer.

I'm in at an average of 12p so all is good

on the permit, please take time to read NRW website. Its perfectly normal for NRW to challenge Simec on areas they need clarification and this is built in to the normal planning process. There's absolutely no chance planning won't go through.

Following quotes are interesting: " If all legal requirements will be met, we must issue the permit or variation. We cannot refuse a permit or variation solely because of local opposition to the activity"

" If permitted to burn alternative fuel, the plant will have to meet emission limits for all emitted air pollutants. These will be the same, or in many cases considerably lower, than current limits when burning coal"

We will have planning granted in the next month or two, December at the very latest.

Not teaching people to suck eggs here but remember we also have an incredible tidal division here

but I fear further dilution ahead because Covid isn't going anywhere.

Chengdo4

I hope you're right, would be some surprise for us all

The only negative I can see is that the LFT has been significantly delayed. Traders won't like this and I believe that's the reason we saw the overreaction in yesterday's SP.

Those of us who are 'invested' per say, will understand where this SP will be upon release of the LFTs next year

interview from Alastair. Whilst it's disappointing that validation is now by years end, once the pilot batch is ready we will have a clearer time line of when, next year, we will be mass producing these tests.

Its reassuring that he isn't allowing any corners to be cut here and when the test is released next year, its going to be gold standard and unmatched.

If you're invested here, then hold for the long run.

Doggy,

Equally, the derampers are pathetic also. Both are as bad as each other. Agreed, we will have some dips between now and release of the LFTs next year but we should see an overall upwards trend

reading some of the uneducated 'newbie' comments on here. As soon as an RNS is released they fill the news feed with 'boom'.... 'ready for takeoff'..... 'trains leaving the station'..... 'to the moon'..... and so forth

Yes today's RNS is a positive one, but we will not be at 200p today, we will not be flying to the moon and we will not be missing any trains.

Settle down, pipe down and learn how these markets work.

Yes, we will likely be multiples of today's SP down the line, but once all of our tests are validated and in production.

You clearly haven't done your research on Avacta, that much is clear.

You may be right mate.

Absolutely and if the results are good, it will only add value to our projects.

Having the diamond core drill rig is a game changer for us though, best decision they could have made.

Let's hope things start moving quickly now