Member Info for Hazbeen

LL,Can you private message here?

LL,
Totally right about raising cash for the BFS from the offset. ..That is what most Junior miners I know do
PFS/BFS and construction.
So many years wasted on the piddly pilot plant..to prove what
If there a is massive, viable resource asset, get the study done

Raised £5.2 million at 70P...could have used to complete the BFS and would already be producing from Bala or something like that.
Something does not add up does it?...Seem decision being made for their lifestyles and pay wages to me

Thanks LL,
Good to see we are agreeing and on the same page.
Best to be on the sidelines for while.
If the story changes for the better, there will always be time to buy in, but I am not holding my breath

It is about sharing real and accurate info and keeping the chat balanced.

Not this is gonna fly tomorrow - which is based on what?..not really an intellectual discussion it

We are here after all to make an INFORMED investment..well I am.

DavidLaw,

Great find and very interesting information . Had not read that before

"5 more years later and they are still running at a loss, but promising the world." - so true!

Here we go, more piddly amounts raised. Everything I forecast upto now is materialising
Building up a nice figure in interest payments too. Wonder where that money will come from.
Dilution I expect as certainly no cashflow to repay this for a while

Zengah
No, I will nit be buying this year .
Not until I know the outstanding risks I am not comfortable have been addressed .
Interesting Citadel sold , hell a lot of shares . Cannot believe all PIs bought them ?
Co needs to bring some serious positive news flow to enable the CEO to sell 30m odd shares to
Market or an institution (s) .
We have not had a rise with this huge volume this time either .

DavidLaw,

Very good post. Totally agree with you on that...I have been saying this for a few weeks now . It has calmed down here since the twitter herd has left.
I think give or take 2 or 3p is not a big deal but can be if you are looking to buy a large amount. Maybe drip buying on the way down from here, or on the way up if it does indeed reach 8p again.
All projects have issues with meeting targets, i get that. But the communications and RNS' are so poor with regards to informing shareholders of the status of parts of the project, ppl are second guessing. Even now videos tell the finer details which CEO leaves out in the RNS'

BFS study will take longer than 6 months..
"Should take about 6 months given a fair wind"...there is only resistance with Covid at the moment..do not see any fair winds as the CEO puts it
There are risks with further dilution and target times.
The biggest thing for me in the next 6 months is the install of the electric furnace and power line. should be no excuses on that side again.
I will continue to follow the story.

Mr S
Ok I am done for now
I made my point enough times , I get it . Best someone else keep the rampers without real evidence in check .
I will be back when the next RNS comes out ... positive or negative as it may be
Good luck all .

MR S
I get your points there
But you do say anything about the others who keep banging on about
171p or BFS coming anytime or offtake around the corner or revenues increasing
I am countering these exaggerated and speculated ramblings
Who else is keeping it balanced here and telling the truth to as close as news is now telling you which you all
Ignored of accused of being negative . I not a dream per just telling how I see the story here unfolding
Hey I may turn bullish if the CEO gives Me some real positive news

You are just speculating , and it is just hopeful thinking
That may not happen at all in the near future or could take many many months
To negotiate. Co needs to have BFS data to negotiate this
Does anyone here know how mining tends to work
If there was a recognized PFS study , an off take chance would have been possible as I have see this before
But that is not in place either .
Only thing for the Co is the pilot plant but CEO is making hard work of that too by raising piddly amounts
Just raised the lot and get the furnace and BFS done .!
Maybe there is not the demand to give money unless offered a deeper discount on the dilution price .
It is just strange to me

That is really is a laughable article
Another rehash of recent news . The figures stated are ridiculously inaccurate . Just pie in
the sky . Another paid article ?
Seller still not out then ?
Bet the CEO is gutted . Could have sold his 30m and paid for his divorce if he was not locked in for a few more months .

MR S
You can see how say how I see it . I am not going to flower it up so you feel better about your investment .
I have followed this for over a year now . So I continue to follow with interest,
I do not get emotional about holding a share . I buy or sell based on news and progress
If the story changes I will invest again .
GL

Let me give you an opportunistic timelines

1) Ramp up to 120t/month (1500t/year) - target middle of 2021 as long as power line and furnace are running optimally .
2) BFS late Q3 2021 at the earliest
3) funding , probably jan 2021 - another £3.5m via dilution and or debt again .
If he wants to avoid that , then he needs to agree an upfront payment for vanadium or any by product to say he needs that to ramp up to meet delivery of them. But that may too risky for anyone to consider .
Last January we were told power line will be in April 2020 and BFS end of 2020.
So if you use that as a guide , you are approx 12 months behind .

Btw the CEO stuttering and body language very much gives it away. RNS’ are vague in detail , and I get the feeling he says more than he intends to on director talk because of his nervousness .
Just my observation
Good luck all , and let see how the timescales pan out .

So minimum of 6 months before electric furnace is installed
BFS unsure of timing but newsflow expected in 6 months
Watch out for funding requirements , it is clear the recent cash will not
Meet these two things now . That was just for wages and power line
I was right about that as well .
Read between the lives boys and learn

LL
Can you private message me
Do do you post this board with unrelated and off topic info
Really nit right .
As The famous Arnie quote says ... I WILL BE BACK !

LL
I have another investment that I am holding . If you are interested let me know .
It is a class Tier 1 resource and the BoD are world class.
I have been invested in it since the last at least 7 years

I mean naive not gullible

Gawd you guys are are so gullible
Ppl will read into based on their emotional position on the stock
All will be revealed when results come out
RNS should not go be broken and deeper analysed to understand what it means
It is simple to me , learned to read in between the lines
Production and Revenues will significantly lower now
By product is a side show to confuse you and soften the RNS.
Basically trying to tell you indirectly that the cash we raised will now nit be enough
You will see when next update or results come out .
I am done now on this RNS
Good luck all

Well spotted LL