Member Info for IvRoche

@Silverfox

Please provide evidencing that KMUK have drawn down the full 15m loan facility... (I'll wait)

Still waiting for your answer to Ricardo's question re: AGM attendance too... (Still waiting)

Note:

Public filings to date show KMUK has drawn US$7.5m of the US$15m, with US$7.5m undrawn and no official update indicating additional drawdowns

Maybe I missed the answer to Ricardos question... Did you go to the agm?

I would seriously doubt a merger myself Ashton, main reason being Greenland Energy Company is an Energy Company "Oil Men" the only piece of real estate that would be of interest to them would be Jameson. Given the expected Disko JV and current shareholding in Greenswitch - why own parts, why complicate things.

On a different note, I did find this interesting from the Interim Results RNS a few days ago.

"Alongside Jameson, 80 Mile continues to advance its 100% owned Disko-Nuussuaq nickel-copper-cobalt project, with discussions underway to identify the right partner to fund drilling."

This is a very different tone and points to discussion progress and implies there are several interested companies in the mix to drill Disko and discussions are advancing. Hopefully a pre-Christmas or early 2026 RNS announcing a new JV is on the cards. And don't forget we got 750ks worth of equipment from Kobold as part of the transaction.

That's all well and good, but let's see if we get there Lav as there are a couple of considerations

#1. Being we have a current LOM of 4 years (and extra 5kt per year is about 4m revenue minus AISC, so wouldn't really move the dial)

#2. We need more ore for the Phase 1 DMS, until drilling assays are released, hopefully with a massive boost to our current resource that is suitable for the DMS vs Phase 2 Floatation then we are technically constrained. I think someone mentioned that Bernie was looking for more Phase 1 feed and who knows when those assays are coming.

Jesus H Christ this board descends into ridiculousness every day with all the chef alts.

Nameplate capacity is basically the plant’s design maximum — for Bougouni, that’s around 120,000 tonnes per year of spodumene concentrate. It’s what the kit is built to do under perfect conditions, flat out.

But in reality, commercial production ramps up over time. You don’t flick a switch and hit 120ktpa on Day 1. Plants typically start well below nameplate (say, 40–60ktpa), and then gradually increase output as operations stabilise, bottlenecks get sorted, and recovery improves.

Kodal achieved first production in Q1 2025, and concentrate has already been produced 40-45kt So we’re already into the ramp-up phase now. The focus going forward is scaling toward nameplate and tightening margins through recovery optimisation.

Just a thought, if GGP are releasing the drilling assays ahead of Q3 results, which market gets the update first - will we get an RNS and the Aussies play catch up the next day or will they get it first?

@MoleC - 57% of?

Well done you learned to read.

It's based on the Shanghai Metals Market (SMM) published price for 6 % spodumene concentrate (CIF China). That was in an RNS, learn to read.

Maybe it's just me but would appreciate it if someone could explain capital payback as this ties into the AISC debate. I don't see how the capital is recovered using rough calcs below.

Very Rough Calcs

1.) LOM 4yrs

2.) Capex USD 65m

3.) Revenue USD ~95m (120ktpa by 800 USD)

4.) AISC USD ~78m (120ktpa x 647 USD published)

5a.) Expected Profit USD 27m (pre 2023 mining code 20% Mali ~5m / the rest being KMUK 80% ~22m)

5b.) Expected Profit USD 27m (post 2023 mining code 35% Mali ~9m / the rest being KMUK 65% ~18m)

I have taken my own advice and filtered the yawn fest from our local pub drunk is actually quite nice.

Bottom drawer it and move on chief... or realise your paper loss because your griping on here will probably make it worse. Lol

I would ridiculously increase my own avg price.

Ahahaha... No thanks!

Sell up and jog on Joe

Up 4% or 29c to 7.42 AUD. Decent start let's see if it holds.

Everyday the same post which will be regurgitated several more times throughout the day- you should take a break, a very long break.

Sorry what's you point? That I am a long term holder? versus a complete and utter ftard like you?

Pot v. Kettle!

RachT2 you are a complete clown. F.O.C.