Member Info for jonny_five

The market is a sea of red today so maybe we should be thankful to be flat ha.

Erm okkkk, but you can buy 50k now on open market for 10.52p?

Like your supposed 11p limit order that never got filled even though it was 10.8 to buy lol

Ever the eternal optimist, Ive got a good feeling this has finally bottomed out. Into July tomorrow and not long til we start getting some tangible news and uplift all being well. I think those people sat on the sidelines will have to start about buying in soon.

Whilst I don't disagree Legalwolf, that's an entirely different kettle of fish regarding WHEN not IF. Timelines, not the actual eventual outcome.

I don't get the binary comment either, although it is only actually one person on Twitter I have seen say it. Whats different now to when the IPO occurred? Absolutely nothing, so quite why its suddenly become a binary bet is ridiculous quite frankly. In some respects its always been a binary bet in its starkest and most simplistic terms. They either get a mining licence or they don't. Why that has suddenly become an issue is a bit daft and scaremongering. Is there a chance they won't get the permit? Of course. But in what way is this any different to any other mining application, and there is absolutely no indication why they won't get it that has come to light. In fact indication is quite the opposite. This kind of talk is just to feed the insecure investor and to some extent has worked as we are where we are SP wise.

Probably because most of what you type is BS Dalt. Your 11p "order" you keep banging on about doesn't seem to have been executed even though you can buy for less. Funny that.

How is providing an update ramping? ohhh you sold out a few days ago. I get it. Say no more lol

Note the "approaches FROM" re. off take.

Very happy with that update. No issues with the EIA other than what looks like a small delay due to Covid. Thats better than I anticipated actually as it looks like it could be brought to a very swift conclusion next month.

I do like this bit though re. off take "Given the continued strength in mineral sands prices, the Company has commenced off take discussions following a number of approaches from strategic and industrial groups."

Very nice.

I understand why you would want to wait but the funny thing is people were willing to and were paying 22 to 24p when they knew the EIA hadnt even gone to public consultation yet and a decision was at least 4 months away. Even with any potential delay and we don't even know there is one, it would highly unlikely to be longer than that. Its a funny game at times. Anyway I've bought an other £5k today.

Indeed. Normally I would just ignore this chap, especially with the constant "must be a big delay" posts when he hasn't really got a clue like everyone else, but that just needs calling out for the most ridiculous comparison that it is. That's like me saying I know a share that 100 bagged once so this one defo will too.

What a strange comparison. How is this even comparable to aaog? Aaog was a scam and poles apart from this. I'm sorry but thats just stupid scaremongering.

How did you become aware of that zoom call John? I had a look at that environmental group and it seems they object to any development project on some level or other, which I suppose is their role as a lobbying group. The fact it appears to be the only letter of concern seems quite positive to me. And alot of their concerns seems to have revolved around a lack of consultation with the local community. Which seems contrary to what we believe to be the case. Then they attach some pictures of the public demonstrating in the street in a totally unrelated matter in 2018 lol. They don't actually seem that credible.

I don't suppose you can expect anything more than that but its quite reassuring nevertheless and also that a) you got a reply and b) it was so quick.

Thanks Paul, will be interesting to know what replies, if any, you get. That is the correct email address for MF as its listed on the back of the most recent presentation.

Yep all supposition but there's little else to talk about during this waiting game. The company did go to the lengths of specifically issuing an RNS about the TEC meeting in April though so it would seem odd not to update on it if it didn't go ahead.

1M?? Wow. I know its all relative but that's some investment.

SP hitting all time lows. Getting difficult watching it continually drift. Im patient but we really need this permitting hurdle sorted or at the very least some sort of update either way to say we are still on track. Or not as the case may be.

Hopefully we have now hit the bottom. Seems to be a fair bit more interest today.