Member Info for Jeremiah99

If Outrider win and we finally go under I suppose we'll have to let them have the pipes, pumps, portacabins and all the tools and wellybobs they can lay their hands on out in Georgia. Might be a bit short of $40m tho...

Look at some of the current posts on the Bluejay BB regarding finance, offtake partner and expected future revenues for Dundas. They're talking profits of $70m/yr and Mcap in the $bns.

I think medium to long term we could be at multiples of where we are now but things take time and rarely go smoothly. I don't think the s/p would have got over .5p without the multiple ramping posts of certain individuals. Most likely just traders talking up the s/p without a care for those getting spiked. Now we're 30% off recent highs I hope noobs can finally see they have been misled by their constant positivity. However, it's not a time to panic IMO, just be patient as good things could be just around the corner.

Two promising points to note - the quartz was found 1.5km from Clogau so the zones may extend intermittently back to the mine and also the opposite direction. Also they begin from surface so future mining can begin without having to remove too much overburden (planning permission allowing)

Looks good on paper but the previous production from the pilot plant wasn't great and it fizzled out after a few weeks. We will have to seriously implement a path towards increased production if we are not to appear as simply bluffing. Otherwise it seems AA are not prepared to pay big bucks just yet, and why would they until a decent resource is confirmed?

Actually having re-read the RNS I'm probably reading too much into events being orchestrated by higher powers, but still EH's appointment can surely only be positive for securing adequate funding in future?

I see Bluejay mentioned that because ilmenite is a strategic asset they are expecting the fund raising process to progress the project to be smoother than usual as the powers that be want to secure future supplies. I wonder if EH has been brought in as a big gun to facilitate that side of things on the advice of higher powers? (but would we thereafter be a company supplying raw materials for the arms business, and perhaps not quite ethical?)

Just in case the LSE admin are in the pockets of foreign entities bent on supressing anything remotely politically sensitive being posted here, might there be another way to distribute posts that are likely to be deleted? Email or whatev? LSE seems to be a waste of time if they are mostly only going to allow frivolous banter and fairly incomprehensible legalese of the myriad court cases to be posted.

Hopefully Zambia will remain safe and mining friendly. I've heard it said that Africa is like a chess board, with safe, business friendly jurisdictions often adjacent to corrupt, hostile entities that are best avoided.

At $100/tonne in the ground undeveloped cu eq. sale value it ought to have gone for around $2bn+ IMO. Must be the DRC discount, our gold venture there went fairly cheap too.

eimaj616 - I think you're right, if so that's scary cheap for around 20m tonnes of cu eq resource. I guess not many want in on the DRC with warlords running around?

Wait a minute - "China Moly raised its stake in Tenke Fungurume to 80% in 2019."
So maybe the $550m was for the remaining 15% taking it to 95%? That would sound more reasonable...

"Kisanfu, which is around 33 kilometres (20.5 miles) southwest of Tenke Fungurume, holds an estimated 6.28 million tonnes of copper and 3.1 million tonnes of cobalt metal"
Looks like a lot of copper and cobalt for just $550m. I presume it's cheap because it's in the DRC?

Crazy? Up 8% and 4 posts on their BB...

I lost a packet on Angel Mining (ANGM) who were trying to extract gold at Nalunaq to fund the rehab of Black Angel zinc mine (Zinc grades of 40%) As I remember there were some good gold grades to be had but the logistics proved insurmountable for a company basically run by an accountant rather than a miner.

500 bpd? Notgonnahappen IMO ..... Not for long anyway.

Neither should that get deleted as hopefully freedom of speech is still alive and well in the free world whether one agrees with the sentiments or not.

I'd say it's obvious that they are completely relevant to Frontera's position and your own stance marks you out as having an agenda. If irrelevant why would anyone bother to delete them, no one gets RRs whimsical posts deleted? The fact they are being deleted means someone's cage is being rattled.

Or did I dream Looed's last post regarding the blocking of inward investment into Georgia? Perhaps higher powers are monitoring this BB? If so I hope the deletions are also somehow in the interests of shareholders and not just pandering to pro Russian/anti Western interests. Are posts regarding Brexit or the US or UK elections also deleted on these BBs as they are surely more controversial to the average LSE reader than events in Georgia?

My suspicious mentality is wondering if AA know the likely mineral rich zones but are purposely directing the drills to less optimum spots so they can later come out with a lowball offer? No, hush my mouth! ;-)