Member Info for LiquidSilver

Looks primed to move higher now with MrBell in Kinshasa!

You don’t go there for a holiday…is he getting the signature he alluded too in the StockBox interview last week?!

Anyone with sight on L2 - how much stock is available under 0.4/45?

Received £9 in July and another £1.5m shortly.
Can see strategic companies wanting to support in the future and the last placing at 25p. Reputation restored and major contracts as a result to follow….good reasons to buy under 10p I would say

Great national press!
Should be a squeeze on stock for the remaining of October

https://www.thisismoney.co.uk/money/markets/article-11294335/Were-backing-Britain-trailblazers-pumping-tens-BILLIONS-UK-Plc.html ——- Cars
Mining and mineral processing company Pensana is investing £150million to build a refinery in Saltend in East Yorkshire to produce crucial materials for the magnets used in electric cars.

Back to 0.6 this week? Andrew now in the DRC

Looks like it's about too and 0.4 is a good buy level - just a shame it wasn't a few weeks ago when the $US was so strong. Either way when that money comes in it will be more than the current m/c in cash.

Latest Stock Box interview today. Andrew states he is flying out to the Congo now to get the signed document.
'A couple of days, everything will be achieved'.

Burkina Faso - "drill program results coming"

Why would a Director have bought a couple of weeks ago if he didn't think the case was watertight?

26 September 2022: Abingdon Health plc (AIM: ABDX), a leading international developer and manufacturer of high quality and effective rapid tests, announces that, in addition to the Director Dealing announced on 16 September 2023 (https://polaris.brighterir.com/public/abingdon_health/news/rns/story/w6zdykr), on 23 September 2022, Chris Yates, Chief Executive Officer purchased a total of 125,000 ordinary shares of 0.25 pence each ("Ordinary Shares") over two trades (the "Purchases") at a price of 7.3 pence per Ordinary Share. Further to the Purchases, the interest of Chris Yates in the Company is as follows:



Director

Previous number of Ordinary Shares held

Number of Ordinary Shares Purchased

Number of Ordinary Shares held following Purchases

Percentage of Ordinary Shares held following Purchases

Chris Yates

7,763,844

125,000

7,888,844

6.48%

It is looking nicely setup for a great October!
Announce the bond and the volume with the market just isn't available.

Mr Bell needs to get back on a plane to the DRC and be handed the written document and announce in an RNS...

"The arbitration hearings have been completed. We have indicated to us what the decision is...we have not seen it in writing; and of course, those that lost .."

In other words, RRR have won the case!
Strong Buy under 0.4 imo....

https://www.rrrplc.com/wp-content/uploads/2022/09/2022.09_Red_Rock_Resources_Plc_Clear_Capital_Markets_Research.pdf

Once the funds have been sent and received they have a regulatory requirement to announce and the share price goes crazy!

Andrew basically alluded to the arbitration award in an interview and awaiting a document from memory.

Easy buy at this level in my opinion

https://copperbeltkatangamining.com/the-drc-holds-3-6-million-tonnes-of-cobalt-almost-half-of-the-worlds-reserves/

When will Mr Bell announce the DRC funds?!

Then buy some stock or ave down if you want a profit or wait and buy lower if that's what you believe.
Ultimately big partners paid a lot of money for stock at 66p. That should give you a little confidence as they would have undertaken more due diligence than you or me on the project.

Don't care for your comments, won't make me sell or buy - I bothered to go to the GM and met Steve and Alison which obviously you didn't and if you are an investor and there is a GM or AGM you have the opportunity to ask for yourself - hope you make a profit MJM3

I hope this helps and they are only my notes from what I heard at the GM meeting.
GL all whichever side you are on.

Angola finance is a different style of debt – people who want to put money in is not bond financiers - they are bilateral agencies who have a mandate to invest like US development finance corp & UK finance (caveated by saying 'I'm not saying they are the ones'. Strategics for the finance. Working on this for over 12 months and have big cheque books and Pensana fit the criteria.

Paul checks the register weekly.
Not aware of any ‘short’
Top 82% of shareholders do not move.

Retail stock moves on sentiment or lack of sentiment.

Paul is hoping to get major announcements out and will be out there talking a lot more when those announcements come.

There will be a squeeze – 'when it runs it runs high'.
No pre-emptive announcements and when they come, they will be significant.

Paul/Steve ‘ Bond - salt end away in the next few weeks will provide a huge catalyst for the stock and confidence. This will be the first rare earths separation plant built in 20 years. The first with any scale in Europe.

No pollution issues at salt end – zero discharge.

$9m in the bank – question was could they run out next March but Paul stated they are different to other companies and they have very supportive large shareholders willing to write big cheques. Not beholden to capital markets.

Must raise the money in the bond markets. The advice is Pensana will get this away and is with the lawyers.

Will put out an update but previously put out a statement and was criticized for front running. Now the board prefer surprise announcements.

Paul: ‘We wouldn’t be documenting in early September if we thought the bond would slip to November’.

Bond and Strategics and not equity markets.
Detailed 3rd party due diligence would be done before going to the Bond market in October.

Private Equity is off the table – locked-in as the spot price goes through the roof.

Completely independent to China. Tomorrow the Chinese would get their cheque books out. There is a buyer out there, but Pensana wants to sell to OEM’s. There possibly maybe some small Chinese exposure short term but that is not the future as the spot price will go a lot higher.

Steve Sharp commented previously project finance and mine developers hedge all their production, so the bank got all their money back and took away all the upside from shareholders. The Pensana financing approach is looking forward and has a wide range of options – previously in junior mining you were dead in the water, or a success based on your project finance – if you didn’t get your project finance you were finished. Now things are very different and Pensana has a lot of options, and the focus is to give the best return for shareholders in the share price. These will crystalise in the coming months.

Paul compared the Lithium space and Tesla buying everything they could and now Ford are doing the same thing.
The same is happening in Rare Earths. Cheque books are being pulled out for future feed stocks.

Alison was at the meeting and said that 2014 China started investing in electric vehicles.
There aren’t other types of magnets you can swap in. Rare Earths is the area to be in.

Rare earths are really changing – car manufactures would source just in time and now having to change that.

Notes from the GM meeting and discussions between Paul, Alison and Steve:

GM notes

Documents are in place for the financing to complete in October.
Financing $500m
2 parts - $250 salt end and $250 Angola.

Equity market is off the table, and they are working with strategics (existing major shareholders and companies that want access to the product and royalties). They won’t be engaging a broker to raise equity. Paul stated ‘zero’ plan.

$175 bond – strategic will have $75m with companies. They have 250m shares and want to keep that tight and therefore the value flows into the share price on news events and with the register so tightly held there will be a large swing upwards just like the sentiment has driven down.

Salt end financing documents are ready to go now and is with the lawyers for the Bond in October.
Was hoping it was to be done in September and the Bond market was deferred a month.

Paul discussing with the biggest companies in the world.
Pensana ‘preferred supplier’ to new EV vehicle.

Conversations for off takes and JV’s are not with little companies – some of the biggest names around. Partnerships with automotive new entrant’s OEM’s and Offshore wind turbine.