Member Info for Hazbeen

Now that is the RNS I have been waiting for .
RNS Operation update should be released to the market first not podcasts

Stop comparing timescales to BEN . that is a different project ,.
The washed plant is being made from new not an upgrade of an existing one

The other important point is where will the cash for the wash p,ant come from .
Existing cash was only to fund production of coal Upton end of Q1

Funny how how podcasters miss out the important questions for the near term

Not a great podcast , just OK

Aim, you have been talking up higher prices for some months now , eventually your timing will be right .
To be honest it is not difficult this project , but Co has a weak CEO at the helm who is making hard work of it .
No clarity on cash position still . Same old jam tomorrow by those idiotic podcasters .
The point now is can the Co get the Offtake agreement signed before cash runs out .

As washed coal will not be ready for selling for at least another 3-4 months at best ad unknown cash position , Co needed to get that Offtake in fairly soon .

I gave you a thumbs up for being honest

From The RNS and podasts, these are my answers. Come on Carl give us a RNS!

1) Potentially from an offtake agreement with two African parties, not from direct selling.
But they have signed LOIs many many months ago without no update on these

2) Very little

Reg,

1)Do you expect any cashflow from coal/washed coal with 3 months?
2) How much cash do you believe will still have after Q1?

Simple questions really
Simple question

Now plan has become to sell the coal as washed coal . I say in Q3 to be realistic. Anything before is optimistic
Need to hope one of the two will signed an offtake by Q2.
Either way no cash flow for at least 3-4 months
It is clear, plan has changed as all hype is not going to transpire soon.

Genghis,
I am going to look at this another way. The share price is showing some strength, however this could be the twitter news that all his on track. A Co ramp and then bang a cash raise via an EGM

Or , the market is seeing this as a producer of coal, albeit no how it will be sold yet, but still a producer.
Then it is possible a debt loan is possible instead of a dilution
Or
An offtake of some sort has ben agreed to keep this ticking over.

Alot of buys today, so something is happening in the background in anticpation of some news next week

"I work off of facts and will let the company give their official line through an RNS."

So you are saying the CEO's comments on the podcast are not factual?
I wish the CEO would use the official line of channel too

Reg,

Not factless, but common sense views based on the car crash podcast.
Put 2 and 2 together.

We have to receive an update next week.
Even with all the concerns that have been highlighted, I am surprised the share prices is above 7p still.
Any NON dilution funding instrument or offtake will be seen as positive.

I do do not see any returns from the Gold project, too early phase to get any interest. Still alot of costs and work to be spent on exploration
With the recent comms debacle and history of this CEO, can he be trusted to deliver this project.
He really showed naivety with regards to the competitors( Chinese)

Genghis

Thx , let us know how you get on .
So close to end of month, I would be surprised if you get a meaningful response

*not a shareholder

Thanks gawd JP Morgan is a shareholder here now
Did they sellout entirely ?

https://wallstreetonparade.com/2022/03/5-count-felon-jpmorgan-is-at-the-center-of-a-new-multi-billion-dollar-trading-scandal/

Jay_P

Good point , I overlooked that again !!!
This is why the next RNS is so important now
Should answer lot of questions

Stop doing the f*cking podcasts with contrary info to the last RNS’

Totally with you on that Kenny

Reg,

I did not know you needed to speak for AimMafia .
Glad you also cannot answer the questions . The CEO cannot ask these directly via a RNS anymore .

We all know the potential Reg, I just want to know the what is happening in the next 3 -6 months first . Can the CEO deliver the potential , the timelines have been pushed back for this year.

You and others need to stop talking about the potential and address the present which was promised. It is not going to happen as planned . Address the questions and stop talking about pie in the sky figures .

The asset is only good if the BoD can bring it to fruition .
This is why many fail to realise the potential or dilute shareholders to oblivion .

If we can agree , if an offtake is not announced within the next month, we will need more cash.
Whatever happens, there will not enough cash to install a small coke battery this year unless the Co raises a larger pot of money

I will try again to ask the resident ramper .
Show us you have some credibility

AimMafia ,

1.Can you tell me when the first revenue will come in from the stockpiled coal ?
2. When do you think an off take will be signed ?
3.What will be the cost to install the first small coke battery ?
4. How much cash will be left in the bank end of Q1 ?

TIA

Genghis
Am I right on saying the small coke battery to be installed will cost $12.5m ?
I saw that figure somewhere . Does it relate to this ?

Apologies not end 2023, mins heard that

Aimmafia ,or anyone else
Since you know so much about the company

1.Can you tell me when first revenue will come in from coal from stockpiled coal ?

2. What will be the cost To install the first small coke battery ?

TIA