Member Info for Horult

12-18 month build

no chance of producing 2024 imho

but we will have plenty of other spike news incoming from exploration and gold - I hope

Pretty sure some bigger guys will need to see the cash physically in the bank

- also some will still not like the fact we have yet to get the licence transferred, for safety they will want all the i dotted and t crossed

massive vote of confidence from hainan to release the cash early, without the ML transferred

Mali not issuing licences for a year now, so it could well be several more months before it is finally sorted, how long is a piece of string - but at least with the cash we can just crack on with the build so we can get it producing 2025, without waiting who know how long for the ML transfer and pushing us into 2026

yup, they had no intention of talking about helium shows

they only did it because otherwise it would have just been anther drill broke rns

they made no mention of helium shows in the last drill broken rns or any point right up to this oh **** rns - we better say something good

I still really dislike the, to my mind, dodgy PR

after the last drill fix - it has been on a go slow, as we know we thought it would be TD at the weekend - but a full 5 days later they were still drilling

they stated they would inform us at TD - so it is logical therefore to assume they had not gotten to 1,100m by friday

- but then it suddenly sped up and able to do 350m in under 2 days, before it broke ( in 2 places ) ??

I don't believe it honestly

I think it is far more likely that they would have been at the old TD target last week, it would have been prudent at that point to say hey we are at TD target but we have not actually hit the bottom yet, so we will continue drilling until we do

- that would have settled a lot of nerves

keeping things close to their chest and being silent until forced otherwise, they are taking it too far imho

I can understand not having many spares for a rented rig

but surely on one that you own you would keep a load of common parts, especially when doing more than 1 drill

Anyone concerned that the drill has broken twice in a short period of time?

and that they appear to not have any stock of spares onsite?

Bres update looks good

It does not say delivered to canmax, received by canmax

shipped to canmax does exactly mean despatched to canmax

1k a month production in prem is still more than zero k production in kod daz😉

Congratulations daz

kod is up 7.8% on the month

prem is only up 6.5%

indeed check mate!

prem will still be in production 18 months before kod

no need for gloating just buy both and stop all of your nonsense

You really think it means it has to physically be on a ship?

shipped just mean it has to have been despatched by prem, be that truck, train, ship on on the back of 500 donkeys

I ordered from just eat and my pizza was shipped out, does that mean they have to take it 75 miles to the nearest port, put it on a shi and then bring it back to me?

......no words

Wow thanks for telling me I thought we were in september!

but you do know that november does not end next week right?

I really fancy a snack right now

hmmmm what to have, what to have

https://www.youtube.com/watch?v=qoGm_YuqXZQ

No I sold in several tranches over the last 2 weeks as I was too heavily invested as I did get carried away with some fomo

I was leaving some in for the actual result - the same tranche I held since 2021 - but it finally became too much for me lol

maybe if I had not been here in 2021 I may had stayed in but I have been getting an immense feeling of deja vu recently🤣

My decision was nothing to do with people here Tro

otherwise I have listened to the ramping which has far outweighed the deramping over the last few month and stayed in!

A repeat of 2021 was just too much for me personally and I still hope it comes good for everybody else.

If I had managed to sell when it was 10p and bought back in more recently - I would have been more than happy to hold on. As it was I still sold at a 25% loss - but I really could not stomache a larger loss or being trapped in again

It has been going pretty much sideways for last few month

I doubt that will change without any news

may be another 2-3 weeks before we get an official RNS

That's why I sold out yesterday

got stuck in from 2021 drill and I didn't fancy that happening again

a new drill breakage but quickly fixed was just about manageable but very quiet since. Just give me a reason for the delay and I may have been content.

I didn't mention it here as I would have gotten jumped on and beaten up for deramping - but hey the market is closed now so it is not possible to deramp it and affect anybody else's decisions now.

I thought there would have been more legs in it acker I must admit

however money yet not gone into account so may get another spike on 15th nov

I think the licence is also holding it back somewhat. It still needs mali goverment to transfer it over to the new company. Some big players may still not want the risks till it is officially signed off.

however It is quite a bullish signal from hainan

they are paying 100 million for theoretically 49% of nothing at the moment as the company they will own does not have a the licence

very kind of them to release the money to crack on as plant/mine will take 12-18 month to build and banking on mali 'eventually' transferring the licence over. They really, really want that lithium asap

Seem to have fingers in a number of pies, maybe too many?

but its the shares in issue which would make trading tricky. Hard to buy in and sell out when there is no trading

Glitch in the matrix - I only typed that once🤣