Member Info for JamYesterday

You really are living in a fantasy world, Howzapp, where CB can do no wrong. Oooh, macro factors have stopped me making BR a world class PRODUCING Copper mine. Oooh, the price of Cu hasn't risen enough yet. Oooh, those b l o o d y bureaucrats at AA slowing down a FID....

Blame everyone one else except your blinkered world view, 6.5p in 2022 money, down to 0.90p now says it all, MATE.

Surely the MC of xtr four years after these statements were made by El Duce, says it all.

How about one for Rampers, while you're at it.

A racket of rampers?

When the company forced Martyn Churchouse and Michael Johnson out in late 2022 and made them gift back 4.9 million shares and cancel 10 million warrants, that required heavy legal engineering. As a corporate lawyer on the board, Traynor was instrumental in implementing the strict protocols that allowed CMRS to claw back that value for shareholders without getting bogged down in years of expensive, company-killing litigation.

3. Why the February 2026 Resignation Happened

If Traynor was part of the "good guys," why did he resign in February 2026?

The transition from Dominic Traynor to Géraud Moussarie as Chairman represents the natural evolution of a mining junior shifting from corporate rehabilitation to active mine construction:

2022–2025 (The Traynor Era): The company needed a corporate/legal expert to handle the restructuring, execute the name change from Caerus to Critical Mineral Resources, clean up the balance sheet, and acquire the new Moroccan permits (Atlantic Research Minerals). Traynor stepped up to Executive Chairman in 2024 to oversee this transitional phase.

2026 and Beyond (The Moussarie Era): Now that the corporate slate is clean and the focus is 100% on drilling 1,200m a month at Agadir Melloul, a City lawyer is no longer the ideal profile for a Chairman. The company needs a heavy-hitting operational miner who knows how to deal with local governments, build processing plants, and talk to institutional funds. Bringing in Moussarie (ex-BP/Rio Tinto) was the logical next step.

The Verdict on the BB Cynicism

When a retail poster states that the board "brought someone in to provide credibility," they are treating the company's history as a single, continuous timeline.

The reality is that Dominic Traynor was the bridge. He helped Charlie Long scrub away the stain of the Churchouse saga between 2022 and 2025. Once that corporate "housekeeping" was finished, he stepped aside in February 2026 to let an industry operator take the wheel for the final run to the Final Investment Decision.

This context explains why the recent 2026 appointments—such as bringing in Géraud Moussarie (ex-BP/Rio Tinto) as Chairman and securing the backing of the Zaki family—make sense.

​Bulletin Board skepticism by some has questioned why the board "needed to bring someone in to provide credibility." The historical reality is that Charlie Long spent 2022 and 2023 scrubbing the slate clean of previous mismanagement. Bringing in an ex-BP Country Manager in 2026 wasn't a "magic trick" to fix bad grades; it was the final stage of a multi-year corporate evolution to replace an untrusted legacy regime with institutional professionals capable of delivering a Final Investment Decision (FID).

​The Verdict

​The exit of Churchouse in 2022 was the catalyst for everything happening at Agadir Melloul today. Without that aggressive "board clean-up" and share clawback led by Charlie Long, the company likely would not have survived, let alone attracted the deep-pocketed MENA backers and major mining executives currently guiding the project toward its September 2026 JORC target.

​Before Charlie Long took over as CEO in May 2022, previous management (including former Managing Director Martyn Churchouse and Michael Johnson) had focused heavily on copper-gold exploration assets in Cyprus.

​However, by late 2022, the board—led by Long—launched an internal investigation into certain commercial decisions and actions taken by that prior leadership team. The situation escalated to a point rarely seen in London-listed juniors:

​The Forced Exit: Churchouse and Johnson both stepped down from the board.

​The Clawback Settlement (November 2022): To avoid further action and "restore value and shareholder confidence," Churchouse and Johnson signed a formal settlement agreement. They were forced to gift 4.9 million shares back to the company for zero consideration and cancel over 10 million warrants.

​Financial Restitution: They were also required to make a one-off cash payment to the company to contribute toward the value lost by their previous management decisions

According to Companies House filings, Churchouse resigned as CEO and Director of the company on May 15 2022.

It's been a long long time for Charlie Long to assemble his preferred board and backers. But now he has.

I have to say that Keith Oz has been putting out megatastic back of the envelope figures for the cash flow from MOU-1 to 6 since 2022. None of these numbers have come to fruition, not even close, not even one penny.

He thrives on the attention. It's a psychological thing.

Nothing changes....

I have to say that Keith Oz has been putting out megatastic back of the envelope figures for the cash flow from MOU-1 to 6 since 2022. None of these numbers have come to fruition, not even close, not even one penny.

It thrive

Question. At some point, doesn't data have to convert into flow, for an O&G co to generate revenue?

Asking for a friend.

The fable of The Rape of Lucrezia comes to mind here.

It's looking increasingly likely that the story is unfolding as follows:

The big player has looked other the data, signed an NDA, and said to PRD, ok big guy, you drill MOU-6 and show me. If it flows commercially, we'll talk hard numbers. That explains the delay in announcing a deal, but it should be enough for PG to demonstrate transparency on the current status of negotiations.

If this is indeed "old data", and the abstract comes as a market disappointment, then quite a few talking heads on here need to go into the box and stfu.

Ibiza, what reception did you get on Telegram for airing such an opinion, however earnest?

Nick, I think you've got the size of it just about right, when you said, "once PRD declare commercial discovery..."

This is what PRD shareholders have been waiting for since around 2023, and still waiting, as the clock runs down.

Last year, the investor presentation came exactly one week after the award of the Temaris cluster PSC.

Please keep the de-ramping going. I'm happy to accumulate at these low levels for a potential ten bagger when this goes into production. I don't really care if there is a time delay. What matters is that CMRS has the tonnage and grade and width to make the resource profitable, with huge upside optionality.

Black29, not being a Telegram afficianado, I'm not privy to any of the PRD discussions going on there.

But is there any room at all for any debate and challenge to the well--known online promoters or is it truly an echo chamber?

"All in all I think were in for some more pain short term with price to test 1p in near future but medium to long term this HAS to be one of the most exciting exceptional opportunities available."

Aldebaran, what? Better even than Avct? Surely not. Aren't they in totally different classes or is that just artistic licence you used?

I observe that the number of doubters on this BB about realising the Big Prize at Guercif is beginning to rise again.