Member Info for Hazbeen

The nickel class I from nickel matte production paragraph is what hit me as well
But no timelines on when higher levels can be achieved
Maybe another 2-3 years away but Tsingham are working on it .
Not sure if it will be disruptive though as probably enough just to feed the Chinese market

Ps

With the way the CEO was mumbling when asked about this ,I see nothing happening for the Mali Gold project in the
Near future . It is unwise and high risk to include this in any hope for a cash injection from it

Was $12.5m capex not mentioned to install first coke battery ?
Or have I heard that wrong

Good posts Genghis and older and wiser
Agree you both there

https://www.bnnbloomberg.ca/trader-known-as-big-shot-battles-mystery-nickel-stockpiler-1.1723227

Good article this , new info

CEO tries to be clever doing these podcasts

Stick to RNS’

The reason shares are so volatile us due to Twitter and these 3rd party
ponzy share sites drumming up interest so the IIs can sell into
Before the next fund raising

The BoD and IIs are in bed together , only the PIs get shafted

From other BB, hit nail on head

No placing imminent I agree
But the is a big but
What happens while the coal is laying in storage as it has not being sold
Hence the cash-flow is not coming in . Let’s not forget the margins have fallen by approx 30%
because of the Chinese.
It means the &12.5m needed for the first coke battery is now much further down the line and so on
there will be another cash injection later this year .

So the BoD are not being untruthful when saying fully funded UNTIL production in Q1

Market is telling you exactly what it thinks of the podcast

No gold value will be realised for years if at all .
Fall in monthly margins , so monthly $1m cash-flow now significantly reduced
No immediate buyers for the coal - so stockpiling
Chinese competition is too big to ignore
The hot money expecting all this over next 2 months is now gone

Impact of all this is the next 24 months targets to install 2 or 3 coke batteries
Is out of the window .
Also puts strain on cash resources - do more dilution possible again at some point

Delays are never liked by the market

Market is telling you exactly what it thinks of the podcast

No gold value will be realised for years if at all .
Fall in monthly margins , so monthly $1m cash-flow now significantly reduced
No immediate buyers for the coal - so stockpiling
Chinese competition is too big to ignore
The hot money expecting all this over next 2 months is now gone

Impact of all this is the next 24 months targets to install 2 or 3 coke batteries
Is out of the window .
Also puts strain on cash resources - do more dilution possible again at some point

Delays are never liked by the market

Fred
Can I ask which broker ?

Blackrock did something similiar

https://www.proactiveinvestors.com.au/companies/news/925534/black-rock-mining-progresses-free-carried-interest-negotiations-with-government-of-tanzania-925534.html

Rover,

well pointed out

Relevant link

https://www.reuters.com/markets/europe/petra-diamonds-grant-tanzania-16-free-carried-interest-williamson-mine-2021-12-13/

I think you are the only with a narrative .
Ramping your invested stocks all over different bulletin boards
My opinions are without emotions and rose tinted glasses.
You get way too excited and assume everything is certain , it is not and all projects have derisking steps .i just do not try to get ahead of myself , followed a few mining stocks now and nothing is straight forward as you seem to believe .
Expected Timescales is the number 1 target that fails repeatedly . Some of these time sales are made up by investors pre assumptions and speculations .

Thanks for cash situ btw

I have a good friend who works for NISSAN, he said there are some major projects ongoing with the government with regards to the deployment of infrastructure needed to advance EV growth in the UK. Looks like NISSAN will have a major role here . they will also have high % of the market here
Since they are still manufacturing some of their popular car ranges here

Can anyone see EV cars will be cheaper than ICE ? I don’t anymore
I think we are going to be in a higher price range for the foreseeable future

Crazier

Well that bodes well for the future share price
In the short term a longer timeframe puts pressure on cash resources
Thus us why I asked earlier what the cash situ is

Was
All speculation is probable .
But with regards to timescales , I see this taking longer now to achieve production
Than many think . Of course there maybe interest beforehand as capex is lower and /or IRR is better for this project .
But i can only go on the Co is working towards be a producer

Aim
I get that but I do not buy into anything will move quicker .
Delays in mining are expected in a good (Non Covid ) year . Not a negative point, it is what it is .
I maintain we will 12-18 months behind Blackrock .

https://blackrockmining.com.au/bkt-mahenge-graphite-mine-investor-presentatio/

Good comparison Blackrock. First production expected H2 2023

Think ACP are 12-18 months behind ?

It just shows so many to consider that we as PIs do not understand about .
That RNS tells me this will take longer than a few think here

Morning Craigie

Adding here too in small monthly amounts too :-)