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This is fantastic news

It’s good that they aren’t rushing the valuation through, I’d much prefer a more realistic valuation than guess work, £75M has been said but I think that’s a little low around £100M seems better that’s roughly 1.5p per share so at 0.19 p now you can see the massive change that could happen, they will be back drilling too so I expect a couple of more assays yet from deeper holes to go into the valuation too

Good news we are back drilling but the maiden valuation pushed back around 4 weeks, I suppose this gives them more time for a better more accurate forecast , good to see we are back tho

I email them via the investor portal, they don’t alway answer

I email them via the investor portal, they don’t alway answer

The maiden valuation is due this week as stated in the last RNS, before the end of April, 6 days for that to happen, probably won’t see an RNS on Friday no one likes to do them on Friday, so that takes us to 5, unlikely to be this week, so I’m going for Mon/tues/weds next week, I will be very disappointed if they miss that deadline as it’s so important to the company and share price and missing the first most important deadline will tell me that it’s not as good as expected. Over to the BOD to deliver, it’s quiet because of that happening in the background, 3 assays were due/waiting for and I assume these will come out with the Maiden valuation.

I’m hoping to see us at over $100M

Well that’s a statement of buying on expected good news!

It’s awfully quiet with info, I thought we would have had all the remaining assay info by now.?

It would be nice to see this share back in the 0.5p range

So I’ve been playing around with figures trying to work out what our share price could be on valuation, it’s highly unlikely it will be this but I just thought I’d share

So give or take 1p is somewhere around £60M value

So to get back to around the target price of the warrants available to our investor we are around £30M

So what’s everyone’s thoughts?, I think we will be in the £60-£100M mark with the share price not matching that but in at about 0.7p

That’s just my thoughts

The USA have confirmed today that they ARE in talk with the DRC over a minerals deal, this is high news that the US are actively looking to mine in the DRC with US companies, this should bring stability, security and US mining companies. This is massive, they seem to have agreed a deal in principle. WOW

More peace talks and M23 meeting with the DRC at last!

April 9th

Well as we hit the final 4 weeks of a wait that seems to be dragging on, we await the valuation of what’s in the ground. With 6 bn shares now in issue we need a big number, what that number is who knows but it has to be high enough to mine and make a profit, a lot of the good grade tin seems to be deep but we are yet to see an Assay that has a fantastic high %, we need to be around the £100M valuation at least to give us something good share price wise, with the share so low and things improving in the DRC things will be interesting, we need Alpha to go back to work to show things are returning to normal in the DRC, talk of peace and deals are bouncing around but M23 don’t seem to be withdrawing anytime soon but they aren’t advancing either, Rowanda have the UN on their backs again and China are starting to put pressure on them, although they claim it’s not them supporting M23 but the entire world knows they are!, an interesting 4 weeks ahead which should propel this share to a price which is more justified than it is now

M23 have started to get their stuff together and are preparing to withdraw, they have also said they will enter peace talks now, the region could be seeing some peace at last , let’s see if they keep their word this time

No mate not on the DRC stuff think we are all in the dark there

If the Americans don’t step in soon they will need to buy their stuff from China!, the people who they have just hammered with tax imports. Nothing will be coming out of these mines while this chaos continues

I ask PB about this and the helicopter payment. The helicopter payment was agreed prior to us getting g the funding so it was effectively an old deal that was honoured so that why no cash payment. It was prudent at the time to do shares for service to keep money for drilling but obviously we then got the drilling funding. The 5 new license will be sorted quickly, there isn’t any reason to hang about and start a mad drilling campaign, as I understand they are looking to off load for cash the 5 licenses as quickly as possible for the most cash, some minor exploration maybe needed to gather a value but there’s certainly no long term drilling and exploration plan. As for valuation well we haven’t got a clue however I do fell that the previous legal action we wasn’t getting anything anyway so this way we might get a few quid but it’s certainly not anyway nearly billions or hundreds of millions, we might be lucky to see 1p per share

Maybe they took that option which would be good, the board should have told us that they wanted shares in lue of cash. I just don’t like been diluted when we have no control over that share price has been hammered enough without having to apply a dilution, no matter how small it is, we could really do with so really good news to start the share price rising again

Not sure why we couldn’t pay these guys in cash from our cashflow rather than dilute our holding?

Share really needs some good news