Member Info for ihowells

Make that $652k to solve the sh*t show performance at Yan due to management ineptness. In the same RNS they divulge LTIP for hitting targets! You can’t make it up!

I added at 34.32p and happy to do so!

APA now available to the public with consultation until April 4th. Let’s hope there’s light at the end of the tunnel as it’s been a very, very long journey!

https://seekingalpha.com/news/3949863-new-nickel-mining-etf-hits-the-market?mailingid=30918970&messageid=2900&serial=30918970.101&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha&utm_term=30918970.101

The question was with regards to the cash burn at the moment BB.

https://www.mining.com/web/bhp-eyes-copper-nickel-projects-as-it-bypasses-lithium/

No big surprises and I guess reinforcing what we believe.

I think you misspelled “in the dock for 2 to 3 weeks”. ;-)

Yes I should have just looked at a previous RNS. $81 is the LOM Capex the majority of which will be self funding, whilst $37m was the start up Capex. I would guess these figures might need a bit of adjusting? Getting the licences back is the priority at the moment so let’s hope for that RNS.

I know it’s a news paper article and it’s just a total number, but I believed the Capex was less than $80m? There again with global inflation…..

Insignificant when you look on the big picture, but as expected my trade was posted as a sell. Expect all those at 22.689 are buys also. I just wish my positions in GDR in other accounts were at this average.

Just done a small add here at 22.689 I expect it to be shown as a sell as it was close to bid side.

I agree. Why buy in the open offer, diluting your existing holding at the same time? Like you say, you can top up now below the placing in the open market and non dilutive. Oh and when DB says he’s doing it for the benefit of long suffering shareholders, I take it with a pinch of salt!

Link to the video presentation worked fine for me and in two minds as how to vote at the moment.

Not happy with the dilution as it reeks of lazy management due to their failings in 2022. DB then goes on to slap himself on the back saying Kor is on time and budget but will we know how much money is there to finish the build? If so how much is actually needed and I dare say not $19m.

Am I correct in saying Swanny, aka Mr 51k, has been adding today? Just a guess…Nice to see a blue day today with decent buying volume to normal.

“He’s simply the Betts, worse than all the rest!” Cmon singalong shareholders.

Sadly we are paying the price for his regular incompetence, including him taking his eye off the ball at Yan last year. His ineptness knows no bounds sadly.

Even more dilution, so $19m in total now, company is a joke. I will vote against it at EGM on March 13th but think it will make little difference!

https://twitter.com/genedriveplc/status/1627956702451466248?s=61&t=tgdIE6Chbjk5XAQVqq-Uww

Vox Markets view,

Capital Metals (CMET), a mineral sands company, updated regarding the temporary suspension of the company's Industrial Mining Licences announced on 12 December 2022. The company said it has been advised that its ownership structure was legally correct, the Restructuring has been completed to satisfy the GSMB that the spirit of the law is reflected in its ownership structure, whilst ensuring the company retains the vast majority of the economic value in the Project. It looks forward to having the temporary suspension lifted and to the completion of advanced negotiations with prospective local strategic partners and offtake partners, which have continued positively.

Comment: Ironically, it could be the case that having been through a mining license suspension, the market will appreciate just what the merit of what CMET had in the first place, and mark up the stock accordingly.

“ whilst ensuring the Company retains the vast majority of the economic value in the Project.”

This is part of Frayne’s comment that I would like to see clarifying. Will there be any change in the returns the company would receive with the project?

I think it’s due to $ strength after the US PPI and Fed comments. All the main metals weaker it seems.