Member Info for gotabesirius

Share - take a look at previous PEA for a taste of potential capex.

In 2022 looking at circa USD$130m to get this into production. Probably more like $150m now

Over the past 12 months, the South African Rand (ZAR) has traded between roughly 15.72 and 18.22 against the US Dollar (USD). Overall, the Rand has performed relatively well, gaining about 6% to 7% against the USD as global risk aversion recedes and local economic fundamentals have improved.

Your USD to Rand analysis is incorrect. It's under 10%

If so would solve the problem with arbitrary trade here and would decrease the dilution. Unsure if this is allowed under this scheme?

70k of them are for World cup only. Expect job picture to weaken significantly

Great post

Been in a few junior miners over the years that have tried to develop assets. It's rarely ends without significant dilution of the original company and shareholders, meaning there's very little value remaining. Personally think this is a decent deal for both parties. If the asset is as good as Cygnus propose then they get to ride this up as it's developed with CAML with much less risk than otherwise.

On another note, not quite sure what's going on with the share price at the moment....bit disappointing

It certainly does. All the hype on TV about inflation simply scares people into tightening their belts....less going out, less holidays and day trips, weeks away result in less clothes to wash.

Exactly, very profitable business still

Worth considering that current EV is probably around £150m.

Still incredibly cheap given assets, production, opex and strong basket price which will likely rebound on reopening of SOH. Great opportunity currently if you believe in the platinum macro story

The Silent Bottleneck Metals Beneath the Roaring AI Engine https://nickfox11.substack.com/p/the-silent-bottleneck-metals-beneath

So minimum of 2.5c

Could you remind us of the Company's policy on dividends? Thanks

Crazy opportunity

It's in buy back territory

What on earth are you on about?

$100k left?

This must be almost complete?

And $38m loaned to JV Partner with repayment due to start next year at 11% Apr. Add that to the cash position and it nets out at over $90 million

Under $1m left in the buyback?