Member Info for Henners007

"Using March 2018 metal prices for all commodities, the Ni Eq grade is 1.02% (2017: 1.03%) containing a total in situ metal value estimated to be in the order of US$ 21.3 billion (2017: US$ 10.4 billion). The in-ground value increase of 105% is due to the addition of 50% more metal and the increase in nickel, copper and cobalt prices during the most recent 12 months. Metal price changes account for US$3.6 billion of the increase over the 2017 MRE with the remainder (US$ 7.3 billion) being attributable to the newly defined resource."

So, the in situ value has more than doubled in 12 months. Fact. Share price remains broadly the same. Very exciting times just round a corner or two!

Agreed Schach. End of day transactions have been on the buy side for a few days running now. Very different from previous few weeks where end of day trades were on the sell side. Very interesting.

No he DOES NOT pay himself the annual salary you have suggested. That figure is incorrect and misleading to all BB readers. Please prove your source.

Hi Maybach, I have been here forever, like many on this BB and understand what others are saying but have a different viewpoint. The DFS was slated for March 2019. Yes the PFS was expected for 3rd quarter 2017 and I have listened to RY's interview a few times and am convinced he made that statement in good faith. Why do I say that? Others on this BB have met him face to face privately and publicly and have warmed to his sincerity. To date, apart from missing a couple of deadlines (for reasons we do not yet know) he has delivered well on other criteria (proving up the resource, financing to this point in time without debt etc etc).

Totally understand where you are coming from. My stance is lets cut them some slack until we know the facts, rather than our best guesstimate supposition (although this is fun!). If RY has been lying it will become evidently clear in the near future and we can (perhaps) demand firmer action.

For now, I am prepared to accept that the silence is hopefully golden.

Joe, I would expect you to say "Well, if it takes six more months, I am more than willing to exercise a bit more patience. There will be a solid and sound reason for the delay thus far."

Joe,

If the share price reaches 20p within 6 months. Do you mind whether that happens within 2 weeks or 6 months.

Accountants cover their derrieres to the nth degree these days for fear of lawsuits from shareholders!!

Any company without a discernible revenue stream is going to have a qualification in their audited financial statements. Without income from whatever source, any company will founder. QED.

The BoD have reiterated and confirmed time and time again that sourcing monies is not and will not be an issue. NB I am not commenting here on the terms of any financial arrangement!

Got to agree CS. Whatever is happening in the background MUST be massively important. Unfulfilled self proclaimed deadlines, by an individual who some on this BB have met and feel is a genuine sort, is highly unlikely to suddenly turn feral.

It was most surprising there was no announcement of any sort regarding AMC at the recent Far Eastern Summit & there will now be no weekly media presentations in September. Summat is up. Not long to wait now, well perhaps turn of the year end of first qtr 2019.

Re: Nickel price settling back. That is a direct correlation to the US Dollar strength, so no surprise there. The continuing fall in supply and availability + a weakening US dollar will see the Nickel price return to its upward trajectory.

Neither. But follow it like a hawk and topped up very recently confident of a successful outcome to both events previously mentioned.

1) Today is election day in Zambia 2) Awaiting outcome of bid for Zamanita Both of the above are seriously holding back the share price. Both of the above will be resolved shortly.