Member Info for Invest4theLT

That’s a very good update. Operational update too soon.

Still waiting to see if the 30m was a real trade. TR1 notification to the company should be within 2 working days if so. Not sure how long the company have to rns.

Not surprised if Huo want to increase their position. Think RAB were the last to.

The lack of newsflow is harming the SP but as they haven’t started selling there probably isn’t a lot to say.

For info: the PR firm are no longer working with the Company. We need to contact the Company direct for any updates.

Commercial sales not until next year some time, that may be why they sold. Perhaps they’ll be back then.

The gross £1.85m from January ended up as £3k at 31/05/25?

First commercial production targeting early next year.

An upcoming operational update was mentioned on 12/06/25, presumably it will arrive soon.

I find it hard to believe there have been no sales over the last year, a small proportion of which is supposed to go the CGO as a royalty. Presumably CGO’s current share is under the minimum £2m pa royalty.

15th July.

He’ll presumably need the SP in the mid to high 40’s to get that money now.

I think we’re on for $2m in year 1 which is about to end, it’s not $2m plus $1m unless royalties exceed the minimum.

The investor is putting in up to $20m to develop the site, the same as the company has, and both parties expect to get that back, through future dividends I think.

Https://x.com/davidburton1971/status/1931742465108697574?s=46

I suspect the $1.5m balance of the $2m minimum royalty had to be paid this month being the end’ish of the first 12 months from signing

Https://energyandpowerinsider.com/index.php/2025/03/24/600mw-power-plant-for-binga/

Not sure why the royalties message hasn’t unfolded like they had been saying, but re-reading the various rns I suspect the $1.5m balance of the $2m minimum royalty had to be paid this month being the end’ish of the first 12 months from signing. 🤞

Reminder:

https://m.youtube.com/watch?v=DlfEDCljnpU

Https://www.gem.wiki/Muchesu_Coal_Mine

https://www.gem.wiki/Kalungwizi_power_station

“Now that this chapter has closed, the Company is reengaging our future investment strategy in Zimbabwe and has commenced discussions for further mining concessions in-country alongside the advancement of our wider portfolio in Romania and Tajikistan. We now expect to be able to approach new opportunities from a different perspective which will set the tone for the Company's future."

AP still seems interested in Zimbabwe.

There’s a couple of Friday nutters on this BB today. Thanks for the entertainment.

‘the Company is now in receipt of the final packing list post the Kimberly Process inspection’

Vast have the diamonds. Surely they would not have been handed over if there was any concern.

This evening would be good thanks Sandy