Member Info for Gibdog101

Fair points , I also feel during the interview in June , and the IMC the total lack of mention of goantagab or discussing of the Jig in any meaningful way , feels like another undelivered hype , that AV thinks can just be forgotten about if it’s not mentioned for a year or so. Not so , better to air it and offer a Full explanation of why it’s not happened , and if it’s likely to , that at least shows the market that you’ve learnt .

So I’m wondering what people’s thoughts are here , there seems to have been a few times when BW has been discussed, that ore sorting to reduce mass and increase grade.

I might be putting 1 +1 together and getting 3 here, but yesterday mentioning the ore sorting had increased Tin grades by 10. Taken with the fact the 2nd jig is not being used for the Goent 3rd party supply , is there starting to be some suggestion that AV is considering processing BW ore at UiS , with just a early ore sorting plant on site at BW (hence the low cap ex to production comment).

Intriguing what’s people’s views on that ? Blue sky thinking considering the distances or workable ?

Agree with the bottom part of your statement here TDT , at 12.5p he suddenly can purchase , 12m at 5p cheeky £600,000 outlay for £1.5m in stock , think £900,000 is a little too generous remuneration if 12.5p is already built in due to assets , and returns far more value to him than some of the large PIs that have been in the company for years . That bit of the RNS is again tone deaf to the individual investors.

1 ton out @HarChris people are going to start thinking you are on site .. hah

Pleased with those results , think that actually shows a 1200-1300 ton FY 27 is possible.

The wording around BW is intresting , sounds like the short term plan , is to sort on site , and process at UiS . Sounds like the first phase of BW might be sorted dump processing. That IMO totally changes the timeline for BW .

Oh I don’t think this update will set the world of fire , it’s for the period ending 28th of feb right ?

Only 3 months into the elevated tin prices , with production firmly at under 100 a month back then.

Op update on the morning or next week ?

Very slow week here , so looks likes no one is factoring in any great changes on the next report.

Just about to do the same, sub 130p could be 10% div going forward very easily.

Forcing myself to sit on my hands for a while here , need to see some traction, before increasing I think , SP very muted against other tin producers.

There is a lot of. Noise out there suggesting these prices might stick around for the meduim term, it does give AV the opportunity to make something of this , UiS has the get sorted out and become the 2000 T a year asset it was promised to be.

If we were there now , selling $100M in tin a year the MC would be £200-300M just off that asset , but we arnt because repeated funding without the uplift.

I’m very much looking forward to the Op update , but I think it will be Luke warm :(

Ha this bloke is so angry , doesn’t really matter what the vote is , if it gets turned down. Welcome to being 1/10th own by CAML . So I see it at a win win for CAML here .

Once we own 1/10th there might be later subscriptions that offer the posability for further shares whilst you grow, we could end up majority holder as we’ve the funding , or prehaps we might fund you guys for a royalty. Lots of opportunity here for CAML holders , prehaps if you believe in your assets you should be building a posistion in CAML .

Good luck to you all

Looks like we are waiting till next week then.

Think it’s a good time , being about half way through the year to look back at FY 2025 our sales price per ton of copper was averaged about $9700/T .

Since December our average has been north of $12500/T , should copper prices stay north of that $12500 , being $13800 as I speak . We are looking of Kounrad sales alone north of $160M .

It’s roughly 30% increase , I believe the board that they can run this acquisition and carry on dividends at current levels .

As long a copper is supported at circa 12.5k the dilultion should be managed .

I feel really posative. Could see sales across the group heading towards $300M .

@bohercom many thanks , ok that makes more sense , so the last update was just misnamed/renamed.

Yea reading the thread I thought someone was moaning about a change to the reporting periods , which I wasn’t aware of. I think in essence there has been no change albeit the removal of AISC.

On it , thanks for the clarity.

Have I missed something here ?

@HarChris have twice yearly op updates been replaced with quarterly business updates .

Been 6 months and a day since the last op update , so we can say that’s due any day .

I don’t even think it will show the full picture because it only covers us till mar .

Either way hope it lands tomorrow

@trethkor that was really disappointing , and should have come with more explaination on why it was needed.

I know we are 7 months into a fantastic bull run of tin prices , which should have us making between $1m-2M profit a month. I’m starting to believe that tin prices might stay here for the next year or so , if not now for ATM to get this put together properly then when ?

The next report , will only have 3 months of thay bull run covered but I hope it shows how much the sale price is transforming the business .

TDT that’s a great post I’ve been thinking about this myself , and trying to find a similar read across , we’ve got 143 holes drilled , 16500m across them , and some historic data which I’ve not had eyes on.

So I’m asking myself three things here;

1. is this enough for a MRE

2. If it is how long will a MRE take (this isn’t a massive site or massive program of drilling at the moment) 6-9 months ?

3. If it isn’t enough , when will we get a RNS about more funding from SQM .

To be honest part 3 is the real big one , if SQM drop the next 40M we will know we’ve got a real asset on our hands with a value more than the current MC.

Well hopefully we get something that enlightens us in the op update , which will surely be this week or next.

You got back in copper ? You were away only a week

@lowlander thanks for the deep dive into the share register , something I rarely do.

It’s intresting , the SP has taken a beating last two weeks seemingly on little change at the company , it shows how fragile confidence is here .

Or MC is back to where it was before we got £8M from placement , like that money just vanished prehaps that’s people’s feelings now , that GCs money will not actually deliver this massive phase 2 processing plant , because it seemed like more placement for old promises.