Member Info for Kullybahia

So sorry for the traders who want a sub 4p entry prior to a deal. Expect more of the same even after July 7th. JAN rns this morning, ' trial mining commences' yet down on the day. Why? Because of the lack of liquidity in the AIM market. Yes, the sp has been drifting, but so has the whole market. After all the good research forwarded here over the last year, people bottling over the psychology of the market. If you think a deal of some sort isn't going to happen, then sell up and invest elsewhere. If you think the opposite, then Chill out and await the inevitable. Advice to Peggy, after saying' you'll sell if the sp hits 5p'+.Then at 7-8p you must have been in paradise and sold? Guess not? If anyone gives bad advice, it's you.

If its 'Jam tomorrow' then why are you holding 2m shares Peggy? Reason /Because? Oh please put me out of my misery and give me the reason why, I'm practically begging to know the logic behind your holding?

Definite driver shortage, due to Rishi giving foreign drivers furlough money last year. Now asking for the money to be repaid, but after taking £50k from the Gov! They worked thru agencies for a year, now being asked to pay back furlough money, many just went back home. Earned £40k and received £50k =£90k in 15 months, why would you want to stay and pay £10k per year. Go back to Poland /Romania /etc etc and build a house /two. That plus IR35 ending, forcing drivers to work PAYE/UMBRELLA. Everyone is struggling for drivers including Logistics People, now wages are £14 - 22 p/h depending on how desperate the agencies are for the drivers. Some clueless people here, oh well back to waiting for my trailer. Ps Morrisons is now their main contract, as Tesco's is all but lost. Maybe PepsiCo can fill the void? Win a contract/ lose a contract that's the haulage industry.

Silence is a clue to the people who are dealing with the commercial transaction. It means we're working on a deal, and so can't say anything. PI's are too impatient in wanting a deal done, like by January this year. Which is where the extension was executed and many including myself didn't realise it was done. I'm still of the belief that drilling Fwiji in July to 500m depths, then assays mid September /October due to Covid. Wether we grant a further extension to the EA is questionable. Could be dependent on the deal, no one knows what is being negiotated? The rearrangement of the licenses is pre commercial transaction. The Silly Season continues as traders jump ship/ but the sp has held up well, with the selling pressure. Whos accumulating all those shares, and any TR1's to confirm? I'm a firm believer that October is the big RNS, obviously could be wrong. Been wrong many times, no shame in admitting that. Hold and wait, AAL still at the negotiation table. Others waiting for their chance to offer a deal, one way or another were going to get the deal that Nick wants. Which is best for the shareholders, not the Majors. GLA everyone.

I know that we are awaiting lots of promised newsflow. But it really is 'The Silly Season. ' Remember we've got some great people on this bb, who know a lot about mining and deals. Let's just wait for a month, and see how it plays out. Its speculation that this deal / drilling /EA/ etc. It'll be when /what / and with who / very soon. 4 weeks, and we're 0 - 10 - 20 bags as Nick said. ATB everyone.

Shorn, the previous cycle of copper was balanced by the scrap market bringing copper back into the market. Unfortunately this time around is different because the electric vehicle needs 70-80k of copper, a petrol / diesel vehicle needs 12-15k. So the deficit is going to be consistent, for a long time, as producers struggle to keep up with demand.

China can't do **** about the Copper supply /prices. They are just not happy that other countries are trying to get copper. Under investment over the last decade, dwindling grades of current producing mines, difficulty in ramping up current producing mines, electrification of traditional fossil fuels, No Tier1 mines/ deposits coming onstream to fill the current supply deficit. China already consumes 50% of the current copper demand, that leaves 50% for the rest world. A perfect storm that will last over a decade, if not more. Only possible future solution will be to mine in the ocean if possible at all. 70% of the earth is covered in water, so some boffins /nerds need to figure out how to do mine in deep water. We can do it in the oil/gas industry, but this is a big ask. Forward your C. V. to the Dim sum with multiple id's.

Definitely agree we're sitting on the best copper deposits in Africa, we've even being told that by a Major! Only similarities is the Kamo Kakula mine in the DRC, which has been fully Jorc'd and proved up. AAL have tabled an offer, which was rejected. Which pretty much confirms that they want a transaction. People can't understand what that means? If no deal is made, we've RIO, BHP, IVANHOE, ZIJIN, FQM, to name a few other potential buyers who are in the African copper belt system! So fair to say a deal will probably be struck if AAL can't agree what Nick is asking for.

SeisNav, appreciate your input on this bb. Something different to the usual posts, including myself. All aspects of the drilling campaign, and David Wood input should help hit those missing copper oxides / sulphides from the Sentinel Mine. We just got to wait for the drill results in due time, and the clock is ticking for the EA. Creates uncertainty with some, opportunity for others. The recent comments from some have led me to believe that 'The Silly Season' is upon us. ATB.

The expected news flow will be delayed, but the drill will happen. AAL will wait for the drill results before upping their offer/JV. A further extension to the EA can't be ruled out? Let's see what we have in Fwiji with regards to oxides /sulphides. This hot weather is making people crazy /uptight /nervous /short tempered/etc etc. Relax, everything will happen, only traders talking about the sp. Long term shareholders see the bigger picture. ATB everyone

Be happy to see oxides from surface to 100m,then sulphides from 130m to 400m. Thats enough to convince me that were getting a deal. Any grades will be welcomed above 0.75%, as long as they are continuous in mineralisation.

Good suggestion there, if AA want a further 3 months extension? Then pay $5m or just **** right off. Nick should play hard ball now we're going to drill Fwiji to depths of 500m. With free access to DW's knowledge of the licenses, we've now more chance of hitting those missing copper oxides / sulphides. Game on, with the fundamentals in place.

Definitely AA want clarification that Fwiji has mineralisation in thickness and depth, sulphides being the x factor in both measures. A waiting game, as things unravel and we find out how much, and over how many metres? Wether a further EA is requested is dependent on Nicks communications with AA? We don't know what has been offered, and what we want in the deal? Only speculation of what is going on in the background.

Great Post there Ortus, but you forgot to mention the most crucial thing, that Peggycilla has 2m shares. GLA. ATB. Weekend going to be a scorcher, just as here when Fwiji is commercially transacted.

Peggy claims to have 2m shares sub 2p? Yet only appears when the sp is dropping /or a long awaited rns doesn't arrive? Never positive on anything that the company has done. He could sell his position for £110k,if he's so negative. Then buy an ice-cream van 2nd hand for £30k.Make £250/day in this weather, £1500/ week. And still have £80k to invest in other mining /AIM companies? That's solves his dilemma, and gets him a good income. But I wouldn't listen to his advice, I'll stick to research. ATB everyone.

The CPI rate in the US just hit 5%. Commodities will soon start the next leg up, some faster than others. But all in all most base metals will increase over the next year. Copper is up on supply deficit pressure, but inflation will add to the upside.

Hindus make up most of the Indian population. About 700m+ by religion, they are not allowed to eat animals full stop. Some refuse to eat or drink from dairy products as well,just like APU in the Simpsons. Globally, about 1bn now vegetarian in some form. Mcdonalds in India, had to change its menu, to accommodate a different population by way of food intake.

500km squared is about 1/3 of the M25, that's our licenses area size. Fwiji is 40km squared so about 10% considering copper footprint. We have AAL wanting to see the sulphides at depths and in thickness. Before making a better offer than the one that Nick rejected. We could and I've already suggested see an extension of the EA? Some may voice their displeasure, but this isn't like buying a house or new car? AAL will want the assurance of good grades of copper, and possibly late September /October this will be resolved one way or another. Sit tight, we've 460km square of copper footprint to develop and sell to a Major. We're practically surrounded by operational mines (Majors)… and outsiders also interested in our licenses. These deals will drag on and expect delays before $ is agreed. Changes to the licenses are to satisfy AAL prior to a sale, some confusion to some, me included. Have a bit of faith in Nick not taking the 1st offer, that takes guts. Most CEO's on AIM, wouldn't give a **** about private investors, and would have sold, lining their own pockets as well. July 7th has come so fast, only 20 trading days left, but drilling will start end of the month most likely, due to Covid and airborne survey. Still the sp has fallen, bargains for those who thought sub 6p was never going to happen. I'm sure some shrewd people will be buying, and some will have sold. That's AIM, research, patience and more patience. GLA.

Peggy if you have any doubts as to whether the company can make a deal with AAL , get the small scale plant producing, drill and find decent grades, etc etc? Then you should do what Tom did and sell into the next rise. You could be correct and we're left hanging on? Who knows? AIM has let down many investors over the years, and will certainly continue to let down more over times. You seem to be deeply affected by the bod's lack of positive rns's, and can understand where you are coming from. ATB everyone.

1.Buy the deposit from Arcm. 2 Drill and Jorc the deposit, gain mining permits. 3 Capex, drilling equipment and Conveyor belt system to Sentinel Mine. 4 Process ore and sell it to the market. 5 Pay shareholders dividends. The simple route to develop a Tier1 copper deposit, within a 5-7 years time frame, without massive expenditure.