Member Info for JimBL

Can't see it myself as this seems to be nowt more than some rampy uplift. There's no big buys coming in to suggest a leak of anything important.
The same lot will be gone in a week or two.

Need 15x that for me just to break even, lol!

Too right. Been here since 2011 and have been up only once - briefly!

And they 'obtained' the Nayega research permits back in 2011, when in fact managanese and other metals etc were actually licensed for extraction (in 2008 by the current President's father) to MM Mining.
If anyone recalls the BOD commenting on obtaining specialised legal advice over our tenure it was because, I suspect, of that.

Both are Togolese.

Correct. According to previous available information, the 15% held by SGM is 10% owned by Adam Abdoul-Rachid Shehu (Shehu Dan Fodio company - mining) and 5% by Odaye Kossivi, a project manager and former member of the Prime Ministers Office.
Page 67. https://itietogo.org/wp-content/uploads/2019/03/Rapport-ENG-Conciliation-ITIE-togo-2012.pdf

More money for the 'State' of course means quite literally, more money for the President.

"...while waiting for the Togolese State to better negotiate the terms in order to derive more profits."

Seems the sensible reason. Even phosphate and cement is being brought into the Presidential/State clutches, despite previously fanfaring a possible $2 billion investment from/with Dangote.

Just came across this also. Seems others are asking questions too.

https://www.agenceecofin.com/dossier/1702-105648-togo-que-devient-le-projet-de-manganese-nayega

This should already be a horrendous piece of PR for Togo, but they continue on regardless and no one seems to be doing a thing.

Or, they could simply not renew our exploration/research permits - if they are in fact still current and relevant.
No way to tell thanks to the mining cadastre site showing nothing at all about us now.

I do wonder who would be tempted to buy a non operational mine (and for how much) which the President has steadfastedly refused to license - going on 9 years now, for whatever multitude of reasons that have been given.
If we all agree that is down to fraudulant practises then thinking we'll get anything at all is a prayer in itself.

Chinese???
If this is alluding to off-loading Togo, I'd be very surprised to see anyone willing to pay us for an asset the Govt has steadfastedly refused to license us for. That,despite the time, investment and community work we have done.

Huh? So, he's 'promising' to tell us that nothing is happening in Togo more frequently? Cheers!

Let's see the outcome of the suspension. If it's for anything more than overdue reporting then the decisons of our BoD need to be further questioned.

Tumbleweeds make more noise.

AISC 'margin'. An AISC is normally the cost to produce a saleable unit. It's never been explained exactly what is meant though. We are all taking it to mean current profit level per ton and it does not provide what the cost to produce actually is. We can't therefore judge them against what we have been told, or if it is reducing as planned.

'Investor' FUR now suspended in Canada. Makes one seriously doubt the decison making of our BoD especially after the FI legal fiasco. Who do they decide to get into bed with?

The Issuer has not filed the following periodic disclosure required by the Legislation:
1. interim financial report for the period ended September 30, 2022,
2. annual audited financial statements for the year ended June 30, 2022,
3. management's discussion and analysis for the periods ended June 30, 2022 and
September 30, 2022,
4. certification of annual and interim filings for the periods ended June 30, 2022 and
September 30, 2022.
https://cto-iov.csa-acvm.ca/ArticleFile.asp?Instance=101&ID=D3011FCB193F4CC8A4060482B9D47C33

Competitor. Fertoz, selling price per ton of organic phosphate, $1108 (pallet of 40 x 50lb bags). Equates to $27.70 per 50lb bag.
https://www.fedcoseeds.com/ogs/fertoz-organic-granulated-rock-phosphate-fertilizer-8250

Global non organic fertiliser is nowhere close to $7k a ton either. Less than 1/10th of that, and falling.
https://blogs.worldbank.org/opendata/fertilizer-prices-ease-affordability-and-availability-issues-linger

Not without an extraction license we don't.