Member Info for Lookingformoney

Justify it! I can guarantee there no RNS this week

Knob

As I understand, it will be Monday. The CP and MSA have been able to finalise things, everything completed inc drilling program by Friday, RNS Monday

Im told will be next week, finalised today but needs approval to release, theres lots of information coming over.

I’m thinking next week now, Thursday tomorrow and it won’t be Friday PB hates Friday RNS, it would surprise me if it’s tomorrow , mid Oct I’ve taken as week 3 in Oct which starts next week.

As i understand everything is completed but the competent person who signs off the MRE wasn’t ready for the end of last month, hence the slight delay, i would imagine this week, won’t be Friday tho

No mention of the geochem results which is also interesting,

Will be interesting to see the market reaction to this.

There will be an RNS tomorrow

Monday will be the last chance to load up prior to the share price rising in the MRE!!!!

Tuesday

It’s probably the most that someone has done and I for one really appreciate your effort. What I find interesting is the expectation from one share holder to another, some excited, some holding back and some with it is what it is, I think we all understand the share price is likely to rise on the MRE, without the hard facts we all guess, but there’s nothing wrong with that, one

Of us will be right

Someone is loading up

There’s not much coming from the company in terms of squeaks or leaks , very closed shop, as of last week they had everything back they needed to finish off the MRE, I guess now it’s packaging it up in a money term that makes investors want in.

One of the trades is a sell, I know that as it’s my friend who bought in at 0.23 and has sold out for 0.32, yes made a profit but as he says I’m not here for the news I’m here for a quick profit and I move on, he’s a day trader and does this regularly with shares.

Hard to believe people are selling as the MRE is due?

I think the GE results are back, I would have thought if we had any it would have been announced separately, but that’s not to say they haven’t held it back as part of the MRE to package it all up. We have 4 days this week, RNS won’t be a Friday and 2 days next week, I don’t think it will be late, the market wouldn’t like it and I’m told they have everything they need so were only waiting on a few samples back, my guess is Wednesday this week or Tuesday next week, hopefully this week. What I do know is we won’t be under 0.5 for long

I’ve done a little math, might not be accurate to the £1 but it gives an idea, if we say for example all the copper and zinc pay for the overheads including extracting the tin , then to get 1p we need to process around 2750 tonnes of tin, obviously if the cost isn’t covered by the copper/zinc we would need to process more tin.

This is £25k/tonne tin price, 6.9bn shares in issue, at 1p that’s £69M , £69M/£25k gives 2750 tonne roughly

I think your reading my post wrong, only after a purchase would a road be built that would be prior to mining starting, it’s not going to be built until it’s needed

Ed

You have to build the road from the Alpha site to us as that is the only way to get the stuff out, the road will be built and as it’s passing their plant it makes no sense to build your own plant, to build our own plant, our own road and a way out makes no sense and would be way too costly, I think it’s always been in the plan that a road will link Alphamin and RMR at some point.

The most interesting fact is, the Saudis took a big chunk of Alpha this year, they have already spoken with RMR but didn’t want to get involved as in their opinion it was too early, they have the money, they aren’t miners but can offer the money to get the ore to a point of sale, for that they will want the quickest and cheapest way so their return is paid back with profit.

I’d be amazed if that road isn’t built and even if we sell up I’ll be following to see what happens at that site and what they mine and what extras they find, because they will find things yet to be discovered. They could be on a winner from day one and the upside what we have is massive