Member Info for Joeman1

Ill tweek the prediction... the resource upgrade will come with the permit application in august......and project delivery 9 months after permit award .... first production June/July 2020..... thats my prediction...... the 9 months after permit award is the part where im hoping the PM can deliver this in similar timescales to his last mine....

Well spotted Spider.... ok its my bad.... ive been sending BA the wrong medicine.... he should be regular as clockwork going forward. Gla

Im expecting EISA in 3 weeks max.... with the awaited update then. They have been fairly good on such delivery timescales recently.... its just the information flow that is a little constipated..... immodium is being airfreighted to Mali as we speak.

You probably hit the nail on the head.... the MC has returned to a time before revenue and route to Market.... the flip side of course is if the 2nd permit appears the share will increase considerably.... more than double overnight........

"Furthermore, lithium extracted from ore is more suitable for batteries of the next generations. As part of its partnership with QuantumScape, Volkswagen aims to start small-scale production of solid cells as of 2025. “We are focusing on lithium from the mining industry, because this form of extraction means more stable prices, guaranteed capacities and transparent sustainability”, says Michael Bäcker."

Glad i decided to plumb for mining stock .... that was a gut feeling 2 years ago.... when most of the articles suggested the opposite due to the unproven case for economic refining of the ore.... in my mind i could see availability of brinefields being a bigger obstacle to upscaling.... pat myself on the back there.... hope im still patting myself over my other 2 choices.... i chose Mali over Oz and Kodal over Bgs..... GLA

Just to make the last post less rambling.... you cant recycle something you haven't dug up and used first.....
The future is bright.

Daz, there is less that 5% of vehicles on the road worldwide that are EV.... not even mentioning the scope for battery storage to augment renewables..... recycling is key to this whole thing becoming the sustainable future it needs to be....
But recycling wont even scratch the new lithium demand for yesrs, and in fact it will probably support the long term lithium battery demand by taking the sting out of some of the alternative technologies that are being developed.
Time is of the essence if we want to make loads of money .... but not because there is a recycling technology being licensed...

Remind me....when do we expect the scoping study to be issued?

By the agm it is likely that we will have material things to applaud. If we have that mining permit as suggested and therefore funding, a development plan that includes delivery dates for equipment ...... the shareprice will be very different and peeps will be calling Bernard and Steve a couple of bonza blokes.
Personally im happier if they focus on getting into production.... less bothered about them flirting with the market.
I am a shareholder though, which in my opinion should give me the right to regular updates on progress....

Only an outline mine plan that we are hoping for an update on shortly.
No production plant that we are aware of and typically unlikely to purchase one until your 3rd question of financing is sorted, which doesnt get sorted until mining permits are obtained and they are currently scheduled for Q3....
The environmental application will be submitted this month and we are currently awaiting a schedule update that will hopefully better answer all your questions direct from the horses mouth..... just keep checking for the next couple of weeks....

Just the sale before the bell on friday.... could be someone banking a loss for last years tax....

Come on BA give us an updated schedule.

Im happy to wait for that target ivenoidea..... hope there are a few doing the same

Im looking out for the update Daz... but im optimistic that things wont be slowed because of this... if BA wanted an excuse he could have pressed on with the remaining areas he slready had.
I expect your concerns will be unfounded we need the update to support my statement though...
Delivery will come in due course im sure. Gla

Really Daz? Thats the negative conclusion you draw from what i suggested (which is pure speculation as i stated). My thoughts were that this TEAM would be redundant with nothing to drill ..... so with a little input from the CORE PROJECT they could be set off on a drilling campaign..... so no detraction from delivering the job in hand..... first production.
Anyway.... just my musings.... not facts.... so if anyone gets their knickers in a twist at the idea thats their problem

This is purely my speculation but initially i didnt think they were going to develop the new tenents so soon.... then there was the cash call where drilling was cited as one reason for needing it.....
My thoughts were, was this change more to do with keeping a local team employed than needing to do it so soon? Maybe it is keeping in line with keeping the government and locals onside.
As i said.... speculation from me but it feels plausible.

I think he has been fairly punctual with his updates over the last 12 months.... thats why im dissapointed that we havent had the promised update yet....
There is nothing to worry about.... i just like being bottle fed.... molly coddled as a child.... thats my excuse.
And when i say disappointed.... i mean the way you get when you expect your next comic to be delivered and the postman is late......

Cash call a week later?
Come on, surely there needs to be more than navel gazing promotional jaunts....
Some substance please!

It will be due to the massacre carried out on a village in central Mali. it is all over the news. The geopolitical situation will be the main risk some people see with their investment here.
Im not concerned but i do keep a heads up.

Sorry BinB.... im talking from my memory of what has been said in presentations and podcasts.... i dont know of any reason why there would be a reduction in recovery... im perhaps taking 60 from an interview back around the initial JORC...... all i know is that when i ran a calculation i used 60% and my numbers were close enough to Bernards for me. If 70% for DMS is stated elsewhere the use that if you want....
I was making money at 60% so im happy with higher numbers too

BinB 80% recovery wont be achieved until a flotation circuit is added at significant cost. The 60% is that expected to be achieved by the DMS equipment, which is being targeted first to get us into production 1. Because its cheaper and 2.less bespoke in nature so should have shorter delivery timescales.
The 60million to get into production is on that basis.... no idea how expensive the flotation circuit will be..... sorry.... rambling now....