Member Info for KEY2

Open-pit mineable tonnes (million tonnes) 17.96

Head-grade (% CaF2) 12.3%

Metallurgical recovery 81.9%

Average Annual Production of Acid - Grade Fluorspar 103,000 tonnes/yr

Mine Life 18 years

Let's hope the mining permit is re-issued .......

Pitombeiras OVERVIEW

Robust economics inclusive of TiO2.

US$19.39 per tonne of Fe V2O5 concentrate processed average operating cost

US$ 12.48 per tonne of TiO2 processed average operating cost

All-inclusive CAPEX totalling US$18.45 million with PAYBACK time ONLY 13 months.

Thus 100.3% post-tax Internal Rate of Return ('IRR') .

US$415.2 million total gross revenue

US$145.9 million post-tax, undiscounted operating cash flow

US$96.5 million post-tax Net Present Value ('NPV') (8% discount rate).

Total Project Mineral Resource Estimation ('MRE') from only 3 of 8 known magnetic targets being Pitombeiras North, South, and Goela remain.

Exploration potential to increase LOM remains open too.

Technical Report has already de-risked the Project and outlining a defined route to production, full offtake discussions can easily commence and build value for us shareholders.

I don't think Pitombeiras is priced in at current £6m market cap as the focus now is on the newly acquired JORC gold mine. Pitombeiras however could be developed with Vanadium and Titanium prices and demand now increasing and only US$1.26 per tonne mined average operating cost. All-inclusive CAPEX payback within only 13 months and the new CEO has the right credentials/track record to make this happen in my opinion.

15-Oct-25 14:35:58 0.1898 7,000,000 Unknown* 0.17 0.20 13.29k

looks like a buy ....... declared after hours and few reported late during the day

Off even

Those beagles must be bouncing of the ceiling.... lol

I mean pgm

First small buy here for me. Just bought 1 million shares.

Will do further research and top up as we go, but seems we have incredible/world class iron, pdm and silver assets at various locations (importantly all in Australia).

My understanding is that 245 million shares will be issued so this figure needs to be factored in when calculating market cap.

I sold out a while ago (didn't manage the peak but 150p) as this just didn't make sense and no way could the share price be maintained.

Just wondering where these shares are though ?

Application for Block Listing

Capitalised terms used in this part of this announcement have the same meaning as those given to them in the Company's RNS announcement dated 23 May 2025 unless otherwise defined.

The Company announces that it has made an application to the Financial Conduct Authority ("FCA") and the London Stock Exchange for the block listing (the "Block Listing") of a total of 245,200,000 ordinary shares at par value of £0.001 each (the 'Ordinary Shares').

The Block Listing application relates to Ordinary Shares to be issued from time to time pursuant to the exercise of Cash Warrants issued pursuant to the Equity Fundraise announced on 11 July 2025.

Could someone clarify if these shares have been issued yet ..... 245 million shares ? See rns below 7th October.

Only 31 million shares seem to be declared ?

Application for Block Listing

Capitalised terms used in this part of this announcement have the same meaning as those given to them in the Company's RNS announcement dated 23 May 2025 unless otherwise defined.

The Company announces that it has made an application to the Financial Conduct Authority ("FCA") and the London Stock Exchange for the block listing (the "Block Listing") of a total of 245,200,000 ordinary shares at par value of £0.001 each (the 'Ordinary Shares').

The Block Listing application relates to Ordinary Shares to be issued from time to time pursuant to the exercise of Cash Warrants issued pursuant to the Equity Fundraise announced on 11 July 2025.

When issued, these Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing issued Ordinary Shares of the Company. It is expected that admission will become effective for the Ordinary Shares on 8 October 2025.

Over 4 billion shares traded in the past 6 weeks or so and hopefully shares now 'in sticky hands' who can see the real potential and not just a quick buck.

GLA

We are located only 28km east of the Kalengwa copper-silver mine (approx. 4Mt @ 5.2% Cu, 40 g/t Ag) and with a similar geological setting

Mushima North .......

Did anyone notice this line in the rns:

"Results include high-grade copper mineralisation (9m at 2.40% copper equivalent) and suggest the presence of a previously unknown zone of high-grade copper mineralisation, which is open to the north."

Combined with the silver, zinc, bismuth, gallium etc and if they have found higher copper grades then could be of huge significance especially if you consider it's an open pit mine.

I've posted comparisons which make our £3.5 m market cap look ridiculously cheap.

All the sells are being soaked up so people are loading up before the news sinks in or further news imo ....

Did you manage to get your 50 million Dofmeister ?

Fundamentals, prospects, jv's, drilling results and even the charts make this company cheap / compelling (usual caveat ...DYOR)

Been here 10 years + and I hope the journey is just about to start !!

It is going to absolutely crazy here if and when news drops .......... GLA

One last top up for me .

Will buy another 12 million shares shortly.

Gla

I am looking forward to results from Konkola West copper project in Zambia, where partner KoBold Metals is carrying out a major drilling campaign as part of an earn-in agreement.

Surely some kind of news ?

Could be life changing for those invested and prepared to hold imo if we get positive news here or elsewhere.

GLA

A venture similar to Tym Mushima results with much larger strike however tym at earlier stage and still open north and south so could get bigger than current area 500m2.

One big difference is market cap ...... MMA $250 million.

Kobold jv 75% with Midnight Sun in Zambia and drill results October 1, 2025 - Midnight Sun Mining Corp. (TSXV: MMA) is pleased to announce initial intercepts within the Dumbwa Target, which feature significant copper mineralization such as 0.51% Cu over 39.7 metres ("m") including 1.13% Cu over 7m, and 0.48% Cu over 25.9m, successfully confirming the mineralized sulphide copper system at depth. At this early stage of work on Dumbwa, drilling is designed to both test the geological models and to quickly develop a clear understanding of the host structure for copper mineralization along the entire ~20-kilometre strike-length of the target.

A new study of the bizarre naked mole rat shows that the animals have evolved a DNA repair mechanism that could explain their longevity.

These burrow-dwelling rats have a maximum life span of nearly 40 years, making them the world's longest-lived rodent.

The new findings, published in the journal Science, external, could also shed light on why naked mole rats are resistant to a wide range of age-related diseases.

The animals are resistant to cancer, deterioration of the brain and spinal cord, and arthritis, so many scientists want to understand more about how their bodies work.

For this study, led by a team at Tonji University in Shanghai, China, the focus was DNA repair - a natural process in our bodies' cells. When strands of DNA - our genetic building blocks - are damaged, a mechanism is triggered whereby another undamaged strand of DNA is used as a template to repair the break.

The focus of this research was on a particular protein that is involved in that system of damage sensing and repair.

I am sure Genflow will already be aware of this and other research - hopefully can incorporate or may be jv somehow.

A solution is out there imo and it could literally be life changing for those invested too ..... !

Volume, news and momentum coupled with a small market only cap £3m ..... I have added more again today.

Load up before news (e.g. further drill results, Kobald, Stournam etc) and hold tight IMO for total re-rate.

GLA