Member Info for maidit308

I have a feeling that AB have got it right this time and will silence the critic's of Christmas past shortly, and i also have a feeling that despite the slow start, support is in it's way..

GLA

No doubt Bill'' no doubt, as we are bang on Mid Oct... we will see how we come out the traps, and what interest we get as the day progress, but we will surly know this week if it's a yea or Nay more time granted ?

but I'm very hopeful that Money will be released

GLA

I do not know how long you have been here ROBIN ? but yes the future from 0.13p could be better than when it was at 20p

but if they was spending millions on project as you say then some investors must have made money on those deal, by shorting it down to where we are now'' surly ? and as for if we will have funds to develop the LI project ? the Chinese meeting focusing on an OT / partnership agreement in Dubai, going on ATM as we speak, could ensure we are fully funded ?

we will have to wait and see what comes first, Chinese? DRC ? or another funding call if we need it ? we don't FKN know'' all we know is that we are undervalued and oversold... if we do own 47 or 50% of ALR without the gold or other project that is yet to realise

regards

The business model as noted in the announcement of 18th August is now focussed on export sales. ?

Discussions have been carried out with several potential offtake partners and will continue in Dubai on the return leg of the current trip. Any definite agreements, result will be reported in due course. ?

In the Democratic Republic of Congo, the Company continues to await a settlement of its arbitration claim of $7.5m or more. ?

CEO Andrew Bell comments: "We are with a professional team in Zimbabwe, who have country and logistics experience and the ability to mine efficiently, and are working out how to maximise the short term value of the Company's assets while lithium remains in such high demand. ?

''I think for what it's worth, we have clearly moved on from 7 or 10 years ago.... BWTFDIK

Just like 99.9% of stock on AIM RTX, Justin Waite on Vox is asking who is going to there Halloween party this year dress as there portfolio ? scary stuff out there, some would say a horror show, where getting it right these days, no matter how much research you have done, could take many years.. sometime it's better to take that 70% breakout we had Friday if you so wish, keep it moving and buy back when it settles, if you think it have more to run, it's a lot better than moaning about nothing to show in 7+ years, and I'm sure there must have been plenty of spike and retrace over the years for people to make money from Red Rock ? no one is going to tell you what to do, as long term holding these days does not mean you don't sell from time to time and take profit when SP rise 30 50 or70%,

Anyway'' there is no need to worry if you never catch the last spike, LOL!! as there will be plenty more to come in the next week or so all things been equal, as I think A / B is just getting going on the news front.. and was only too happy to bring us up to date on pre news activity meeting & greeting, with that speeding ticket ? not a speeding ticket RNS..

GLA

RE: there is no papers / evidence / documents ???

BB'' the only way you would know what you are saying is true, to tell us so on here with confidence, is if you work at RRR office or you are a fly on the wall LOL!! could you please come with something more believable..

Yes BB'' I do get it, about Andrews most informous fib ? was saying he sold Greenland for around $20m about ten years ago and you lost money and trust from then, but don't ask us all to be bitter with you if we was not invested 10 years ago and TIN HILL OR LI was not even thought about or discovered ??? yes BELL have had bad luck in the past just like a lot of other CO, but he does seems to be in a lot better place now with better advisors and partners, and we are betting at 0.13p

we can't go far wrong even if he does take that £7.5m offered..

I don't fall in love with any stock, I just see what i see day to day cut my losses if it falls below certain levels that i feel uncomfortable with.. I certainly would not stick around posting if my stock have been dropping from 20p LOL!!

You are still not right Z'' there is nothing wrong with terminating the agreement they had, if there is a bigger party in the Chinese offering more money for there 6% grade, well that's how i see it'' try and show me any bad news from them x2 link you posted ??? that you would start calling our operation Tin pot hill ???

your new link say''

As a result of the Termination, the Company can now proceed to finalise a new long-term offtake agreement for the sale and purchase of spodumene and lithium products produced at Blesberg with new parties. Discussions on a long-term offtake agreement for production from Blesberg are continuing, with high-grade spodumene undergoing metallurgical testing and independent testing and sampling groups having recently been on site to procure further samples for analysis, as part of the requirements to finalise these agreements.

AND I'M KEEPING UP WITH PROCEDING HERE BB'' because I'M invested, unlike your dear self

The JV is already sign off BILLY'' and the consortium have already got stock from MAST for the reprofiling all we are waiting on is the transfer of funds, next week hopefully been the deadline middle of OCT

anyway I truly believe we will push a lot higher next week Monday onwards, and was happy to see the come back from 17% down, as the SP showing strength to closed nigh on even after such a huge sell off is always a good sign..

ATB

NOW let's post the proper information from the link you provided ZUMORE'' and not the one you just made up to make RRR look bad LOL!!

31 August 2023

First Contract Signed for Sales of Blesberg’s High-Grade Lithium Ores Direct into China

Marula Mining (AQSE: MARU), an African focused mining and development company, is pleased to confirm that it has signed a contract for an initial trial shipment of high-grade lithium ore from the Blesberg Lithium and Tantalum Mine (“Blesberg” or the “Project”) with a Chinese importer and exporter of metalliferous ores.

Highlights

Agreement signed for an initial sale of 27.5 tonnes of high-grade material processed from the historic stockpiles at Blesberg

High-grade spodumene ore with specifications of 6% to 6.5% Li2O grade to be sold from Blesberg on a free on board basis from the port of Cape Town and to be shipped to Huangpu in China

Sales price of US$3,000 per tonne, based on a minimum grade of 6.00% Li2O, which is a premium to the previously executed sales agreements at Blesberg

The material is to be supplied from the existing stockpiles of processed material at Blesberg

Arrangements currently being finalised by the Company’s on-site management for the transportation and delivery of the material to Cape Town ahead of shipping to China

Payment in full of the initial trial shipment will be made upon delivery of the material to Cape Town in accordance with the contract specifications and which is expected to be completed in the next 7 to 14 days

This initial trial sales agreement is considered by the Board to potentially pave the way for further direct sales into China of high-grade lithium ores from Blesberg

The Company is in the process of negotiating termination of the previous offtake agreement with Southern Jade Resources Pty Limited that extended over the first 2,000 tonnes of spodumene material produced from the stockpiles at Blesberg announced on 27 October 2022

The Company is also in the process of concluding its negotiations with a number of European based global commodity trading groups in respect to a long-term offtake agreement over spodumene and lithium products produced from the stockpiles at Blesberg and from the Company’s broader development plans for the proposed Blesberg open pit mining operations

IT SOUND LIKE THEY ARE DOING REALLY WELL JUST LIKE RED ROCK will be shortly after the Chinese meeting

stop spreading your own version of that update

it's just not cool

He said proper RNS on all front is coming after these meeting he is having ATM but because the SP went up so much he had to tell the Market something in advance, so everyone knows what's going on...

and as we can see from that interview, / yesterday RNS, the X post from Helpful that we was offered 50% less was true after all... PERHAPS THE DOOMERS can calm them self down, and stop posting there own version of what they think is going on, confusing the FK out of us, now that it's official

anyway look like there is a lot more news coming next week, and there is no doubt that MR BELL will except something from DRC perhaps £9m from the £10m he was talking about and be done with it, so we can put all our effort in the Chinese

we will see

The way he is going on'' anyone would think we had a RED DAY LOL!! and have not risen back from 0.095p ??

Spot on Helpful'' they had to bring that news, any news this afternoon as it's the Market rule if your stock have risen 50%

and they promptly did'' but the amount of information in it to calm fear, has told us that a deal is coming shortly but did not want to tell us so soon about what's going on yet but was force to, and if we are still up 23% means the Market like it, after careful consideration, and still think that company making news is close

looking forward to next week

good weekend..

PS: when you see TDT start posting his doom to join in with the other dormers you will know another breakout is also close, and we will also know, they will be confidently posting now that we have drop back from the 70% up'' to convince themselves and others that will listen that it's all rubbish there is nothing going on because they have missed out today on that huge not unexpected rise, that a few of us been talking about for the past few weeks, and we still believe there is lots more to come, it cannot be hidden by the nomad for much longer, and from the general public and small shareholders, the buying will certainly continue next week even if we get another speeding ticket, until it's released

I know it's alright to get a balance view but not one's that's abusive to get the point across, while refusing to believe official RNS ? WTF is that about''

Very well done mr Bell everything is going well on all front, and that's all the Market would like to know for now'' and that you are very close to announcing something positive

very well explained on all front, and i must say this is the best speeding ticket on a rise to make it rise some more in the coming days i have ever seen

ATB

I would not be at all surprise to see us hit the day high again before close, as a stock just do not do 70% for no reason

and it certainly won't do that on ramping, and you never know we could get a late RNS on situation or a know no reason on this rise ? it's only 2pm there is still time, it's never over till it's over...

I'm feeling more and more confident that BELL have pulled it of this time

but as always we will see

BB'' has gone quiet ? that's why sometime we have to put all our differences aside, and don't let past performances cloud your judgement if there is still a chance of a rerate in our fortunes at these depress levels

apology excepted BB for been mean to other posters with different view than your own we won't judge you LOL!!

chance would be a fine thing...

Pumpky, this is a far lot more than a RAMP' been up 55% ATM, RAMPERS are not that good LOL!!

Indeed GB'' just look at the charts, and they are saying 0.20p Imminent before end of the month

but as we are now 20% up there could be a leak that OT agreement have been signed ? and that 0.20 could come a lot quicker ?

we will see

Last post for the day'' but i think i know why the words legal proceedings was used in that extension RNS, i think because it was a binding agreement LC would confidently be able to claim millions if that money is not released, and i think that statement was just a kick up the A --ss to let this be the last extension, or else ?

just a thought

but we will see

speak soon

I don't know what KD'' means by £7.4m won't cover the debt, as the debt owed say 720k in that reprofiling RNS, and we have not got to pay the JV any Money as they are affectedly acquiring 90% of the project for that £33M thus no cost to MED or it's shareholders DYOR, but if he can explain his reasoning i think we would all be grateful...

MED announces that is has agreed to a reprofiling of the outstanding balances on its existing loan facilities (herein referred to as the 'Acquisition Loan' and the 'Development Loan', and together as the 'Loans') held through an institutional lender group (the 'Institutional Lender'). The Loans' details were previously announced by the Company in RNSs dated 5 October 2022 and 3 November 2022, respectively. The current aggregate balance outstanding on the Loans is £729,750 (the 'Reprofiled Balance'), which was transferred to the new loan agreement (the 'Reprofiling Agreement') signed between the Company and the Institutional Lender on 17 May 2023 (the 'Execution Date'). Under the terms of the Reprofiling Agreement, the Reprofiled Amount is deemed an initial advance on the Execution Date.

and even if we owe more than that £720k it will be paid in shares and not cash ? well that's the way i see it anyway'' but i could be wrong''

now lets go and have a look how the buying is getting on, and if we will see a boost back up to 1.90p before close

GLA, hope LC pulls it off'' this time and go from zero to hero for once in his miserable life

ATB