Member Info for Jimzi

FFS, it can take more than 3 months to buy a house after the offer acceptance.

Due diligence, legals, cross border etc.

My mate worked at the Oxford Science Park when Larry Elison bought 50% of it and that took over 4 months - a property deal albeit large - but size is largely irrelevant.

At last, some perspective!

Too much hot air posting here recently, good news it’s rises out of the window.

But the 3 permits recently acquired and the further 2 secured are all ours.

“Unorthodox “. 😂😂 Bash that square peg into a round hole

I'm not concerned about the directors sells - its the bond repayments & lack of guidance therein.

If they "have" to raise £1.5m at 22% discounts & I reckon without very good news, another one will come end of May, how are they going to sort out £12m, now part of the £17m current liabilites per results.

I stand by my post last night.

500k of sells doesn’t explain the drop really. (Doesn’t help though)

Previous holding 0 per TR.

How can it be an existing shareholder you knob? ( and don’t gives us 2.99% crap)

You always gob off without looking at detail.

You got it wrong on the “hiding” drill results inferring BOD dishonesty when they hadn’t even been drilled, you got it wrong on massive sells and poor pricing when they were OTC transactions.

It’s all there for folks to see in your pitiful history.

Interesting TR. In the SR interview, CL said got lots of customers re Trading division but 2 things holding them back; for tax reasons (VAT) transactions need to be off shore and needing capital to get it scaled. This new additional strategic investor ticks both boxes.

Coincidental?

Let’s see if we get news in this area .

The BOD could have reassured the market by addressing the near imminent bond cash repayments and what the plan is. Their silence is causing the drop & we know they treat PIs with disdain ( 3 placings to sticky’s at 20%+ discounts within 3 months)

I don’t like this style of management

As has been for ages, its traders playing their daily game on low volume days

There is no other "narrative" to fit the sp - could have saved 50 meaningless posts

Excecution is the key but in the near term cash and bonds have to be addressed. And they ain't too hot / lazy with the finances. Three times £1.5m raises all at big discounts [maybe forward sold into by the same placees] means either crap at financial planning or something worse.

The bonds amplify this.

I have half my target & will wait to add post solution

Why are the BOD buying everything up?

“Tizert is a confirmed large-scale sediment-hosted copper deposit located 55 kilometres east of Agadir Melloul. It sits in the same geological sequence (Adoudounian carbonates) and shares the same mineralisation style. It started life as a modest resource and grew, through successive drilling campaigns, into one of Africa’s significant copper development projects, now boasting a 130 million tonne resource with 100 million tonnes in the measured and indicated categories.”

Now we know why the CL was directly converted to shares😎

& that’s why having 2 regional networked experts sets the company apart .

👍 to the BOD

End of May almost certain unless major developments.

And we know they love over 20% discounts to themselves so 5p.- they may take the pee at 4.5p

This is the main prob here, you can't trust the BOD to act in outside shareholders interests

Bugger all post balance commentary and this "Total non-current liabilities decreased by approximately US$12.1m during the year as a result of the reclassification of the Company's liabilities under the Kazakh bond programme ("the Bond Programme") from non-current to current given the maturity during 2026 of the majority of the tranches of bonds historically issued by the Company.. No mention of them rolled over or refinanced.

Current liabilities at the year end were US$17.0m (2024: US$2.4m) representing the reclassification noted above."

1] Finding new copper deposits that are economic, permitted and developable within a reasonable timeframe is genuinely hard. The world’s major copper miners are struggling to replace reserves. Junior explorers are therefore sitting on something valuable if they can prove up resources — even modest ones.

2] The project hosts at least four mineralised zones, with a confirmed outcropping strike length of more than 12 kilometres.

The style of mineralisation is what makes this geologically interesting. Sediment-hosted copper deposits (think the Zambian Copperbelt or the Zechstein Basin in Poland) tend to form as large, laterally extensive, tabular ore bodies. They’re not glamorous. They don’t have the bonanza-grade intercepts of a porphyry copper or a high-grade vein system. But what they lack in fireworks, they compensate for in scale, consistency and (critically) minability. - ££££.

3] The closest comparable is KGHM’s Lubin mine in Poland — part of the legendary Kupferschiefer copper system — which operates on an orebody averaging 2.8 metres thick at around 1.2% copper equivalent. (also GreenX’s Tannenberg in the same system)

Lubin is one of the world’s great copper mines. The difference is that Lubin operates at depths of 350 to 1,000 metres. Agadir Melloul’s equivalent mineralisation is essentially at the surface.

That changes the economics. Near-surface deposits are cheaper to develop, cheaper to mine and cheaper to sustain. They require less upfront capital, less complex engineering, and faster permitting pathways.

4] CMR’s initial exploration target at Agadir Melloul is 20 to 25 million tonnes at 1.2% copper equivalent. That’s the starting point — the number the company is comfortable putting its name to based on 1% of the project area drilled.

The company’s own sensitivity analysis, modelling different target areas and mineralisation percentages, suggests potential resources ranging from 25 million tonnes to 64 million tonnes at grades between 1-1.2% copper equivalent, implying contained copper of 300,000 to 638,000 tonnes.

At current copper prices, 300,000 tonnes of contained copper in the ground — in a shallow, developable deposit in a mining-friendly jurisdiction — represents substantial value.

Even using conservative assumptions, these numbers are striking relative to its current market capitalisation

Https://x.com/Jimzi1/status/2049387705528635748

500k RSP still the same 😎

Just for you, RSP for 500k is 44.77 v 51.4.

Tells you all you need to know

"so much for whatever estimated price you're thinking about this this week."

I'm not, nor are investors.

By your own admission, you are not - hence your posts.

Such gloom.

As someone posted earlier, its just the remnants of the non sticky placeees using RNS liquidity.

And as we near Cohen day, does the price atm matter?