Member Info for Manlord

Solmonte,

Sorry but just so I understand your point, are you suggesting the company wouldn’t issue the MRE RNS if it wasn’t good?

If I’m reading your post correctly, then that’s completely incorrect.

Companies MUST report data and results, good or bad.

ML

Speaking of the MRE,

The geological modelling is probably complete now too or will soon be. This is where all the exploration data gathered so far (drill results, geophysics, mapping, sampling, etc.) is integrated into a 3D model of the Thomas prospect. Basically it defines the geometry, size, continuity, and orientation of the mineralised zones at Thomas and outlines the rock types, structures (faults, folds), alteration zones, and the distribution of the titanium-bearing minerals.

Think of it as building a detailed “3D map” of what’s under the ground, based on all the evidence & data gathered so far.

Once the geological model is built and validated, the independent consultants (which Shaun was very clear about in his interview in terms of being wholly independent) can apply cut-off grades, densities to calculate how much of the mineralisation can be classified as an Inferred, Indicated, or Measured resource (as Martin explained earlier).

The MRE is the official, reportable tonnage and grade figure that can be released to the market under the JORC code.

When it lands, the headline figures will be key, but having the likes of Ageos on LSE will be a huge help as he can really tell us what we’re seeing by summarising the technical data and highlighting the important areas which I for one, could fail to register the significance of certain data points.

This is Dhaniel Carvalho who is the Principal Resource Geologist for Glencore in Aus. He demonstrates things extremely well and makes the entire process easily understood. Should help people understand the exact process and what we’re likely to see in the MRE.

Putting the drop aside, Empire Metals out of 12 miners I have on my watchlist, are the best YTD and monthly performers in terms of SP. Not ignoring the recent drop which was a big surprise, but sellers will sell, now we can hopefully regain our momentum.

Sovereign Metals: -14%

Kenmare Resources: -9%

Iperion X: - 4%

Greatland Resources: +19%

Vale: +10%

BHP: -2%

Glencore: +7%

Power Metallic Mines: -2%

Freeport-McMoRan: +10%

Anglo American: +17%

Newmont Corporation: +12%

Empire Metals: +26%

ATB

ML

https://youtu.be/DMq6bQQ1aqc?si=wZZy97m_frMVtGER

Bumblebee,

Just to be clear, I’ve been very frustrated at times here seeing many of my contributions deleted, none of which breached any forum rules either, and I can assure you that they were deleted as part of a thread, whereby one specific individual chose to use language, make rude comments and whatever else they could at the time to have the thread removed.

I don’t know what your comment was, but if you say it didn’t breach rules which I’ve no reason to doubt, then the thread was removed with somebody else’s comments breaching rules.

I cannot comment further because this doesn’t involve me in any way.

ATB

ML

Excuse me Bumblebee but you are way off the mark with your comment here.

Contrary to popular belief by one rather sad individual, I have never asked for any posts to be removed by any other member apart from my own request to LSE, which I openly told members here.

That particular request related to my efforts to try add a multi-post thread that kept inserting incorrect text, the exact same issue that happened to Ageos earlier this week.

If I thought you warranted any deletion, I’d say so to your face, I haven’t and therefore don’t feel that way, you’re not filtered so I can assure you that you are mistaken.

I trust that should be enough for you to accept?

ML

In fairness guys, a lot of you are replying and legitimising his comments.

Maybe leave him to it, as those of us who have had him filtered and don’t reply for months are now having to suffer not only him, but also more rubbish back and forth posts.

C’mon - do us a favour.

ML

Superb - SB really hits home on the networking and relationships Michael has in terms of experience and confirms another step towards product selection and customer engagement. When SB has been chasing you for over a year, and then you develop and confirm what you have at Pitfield,for Michael to review the offer once again, and then decide to move, it’s another big indicator that an industry expert has looked at us and said “I want to be part of it”.

We have focused on having one of the best teams in the industry.

MRE in less than 5 weeks, could be 2 weeks, pure product with a pure ore body, no contamination, acceleration to development and marketing dept was now needed for the critical milestone if the MRE.

Every single step taken so far has shown and many people looking and reviewing Empire feel that Pitfield is the best alternative to current titanium industry. The current inefficient processes by competitors has the industry in disarray with ilmenite processing wasting energy and costly , Chinese production currently dominating, and 95% of the current supply, we have a better process, lower energy, lower cost, less polluting and our timing couldn’t be better to take over. Given MRE and FS haven’t been communicated as they are the next industry standard steps, he can’t say “YES” but he said yes in every other way allowable. If people can’t read between the lines, then they’ll probably trip up over the spaces 🤡 🤦🏻‍♂️

Nothing has changed for months now with what we have been told, geology, metallurgical results, confidence in the project with rapid development into continuous piloting with product generation and bringing that product to customers. We’re going tremendously well.

In terms of the share price, SB is astonished people are recently selling, when we are GOING TO ARRIVE WITH A PROJECT THAT PROJECT THAT HAS GRNERATIONAL LIFE WITH SECURITY OF SUPPLY TO A WESTERN WORLD WITH AN INSATIABLE APPETITE FOR OUR PRODUCT. We will be the preferred choice.

SB isn’t watching the daily and makes a very pertinent point, if people focus on a short-term profits at the expense of the SP, he apologised to the loyal shareholders and is convinced that will wash out with a very strong rebound. He knows where this is going and was very strong and bullish on that point.

Empire not sitting on their hands, Pitfield is an amazing project but if the team see any other opportunities they will investigate them, in terms of sale opportunities, with the gold price being strong, selling Eclipse, Walton and Austria, should attract a premium and is certainly on the table.

All looks and sounds good to me. I’m going nowhere as within a year we will have fireworks going off in terms of shareholder reward.

AIMHO 📈

40p to be broken today, the most honest company director I’ve ever come across in 2 decades of investing is telling us this is the newest, biggest and best player in the titanium mark

After the last week we of course cannot expect what makes sense to materialise, but I remain committed and confident in the boards ability to ride this wave and take us to new levels in time.

I’m not a trader so my view above won’t be true for some, but will for others.

Partial speculation too, no doubt about it, but the company are hitting back with some serious statements of intent. Shaun has added exactly 2000% increase to the MC of Empire since he arrived. I simply must back the company and him after generating such positive share price increases for me as a shareholder, if anything changes with the fundamentals then of course I’ll weigh in just as much as I do now because this is also my hard earned too! I’m not about to see this go up in smoke by nodding & agreeing.

Put that aside and allow me to acknowledge that there are some people here down on paper, I’ve been there too, a family member of mine bought at 14p (the actual highest paid trade in the entirety of H1 2024) and was 50% down but we said the same, it’s all a moment in time. The story was strong, the company was committed and communication to shareholders was clear. Here we are today.

Anyway, enough of my ramblings.

Let’s hope things start to push on with the SP, but more importantly the actual work that Empire are doing to create more shareholder value. The market should catch up eventually and that’s my focus right now.

Enjoy your evenings.

ML

The last 7 trading sessions we’ve seen around 150m shares traded. With 693m shares in issue, that’s roughly 20% of the company changing hands in just over a week.

On AIM, you’d usually see less than 1% of the shares move in that time. That tells me one thing, there has been a massive churn of the register.

We’ve also just gone through a near 50% retrace from 73p (highest closing SP) down to 36p (lowest closing SP) in only seven sessions (those prices are to the best of my recollection). That sort of drop is always sentiment-driven and painful to watch, but it hasn’t collapsed further despite all that turnover and the persistent seller who wants out.

Instead, directors have stepped in twice, buying openly in the market at 45p and 36.5p. That’s a clear sign that management see the value here and are willing to put their own money in while the market wobbles. This coupled with superb management appointments and a very confident interview today, and a big interview coming tomorrow with a very interesting teaser commercial viability question, well who knows 🤔

Now to the important part in my view, the shareholder base itself. Many of us have been in this for years, sitting patiently between 1p and 10p while the company went from initial find to drilling to preliminary results. Then more joined in around the 14p area and stayed on while we dropped back into the 6p - 10p area. Those groups were sitting on extraordinary gains (me included), hundreds if not thousands of %, and it’s only natural that some of them have sold into this rise and certainly into the latest volatility. That’s what’s created this huge churn we’ve just seen, along with the big seller.

But what does that leave? It leaves a register that is now heavily weighted with investors who have bought in at 30p, 40p and above. That’s a positive reset, correct me if I’m wrong?

Instead of an overhang of long-term holders ready to take profits at every move up, we’ve now got a base of new investors who want and need to see the price go higher from here. Add to that the directors themselves joining us in the market, and the alignment has never been stronger, even whilst we gain some market stability.

We even saw today a 10% rise off the low, from 36p to 39p. That looks like the first signs that capitulation selling may already be behind us 🤔🤞🏼

And tomorrow Shaun’s interview where the question was asked directly, is Pitfield commercial goes live.

From everything hinted at so far, the answer “should” offer us a far greater level of certainty based on the data and results they’ve already seen. Combine that “likely” confirmation with the reset shareholder base and the director buys, and we could be looking at a powerful turning point right here.

We’re on the radar for sure.

CTD.

Thanks David.

Appreciate the heads up.

Now that is a very interesting question from Sarah?

24hrs to find out what Shaun’s reply was.

Game On!

ML

Right, let’s cut through the noise on Empire. The last couple of weeks have seen a 50% drop in the share price, scary at first glance, but here’s the reality, nothing has changed fundamentally. Finances are solid, the project is on track, and momentum is building faster than ever.

Pitfield is the world’s largest titanium discovery, in a tier-one location in Western Australia, and the team is stronger than ever. Shaun has just brought in Michael Tamlin as Marketing Manager, a guy with 30 years’ experience and a massive network across commodity markets and chemical companies globally. On top of that, the TiPMC partnership in the US has been extended, these guys are titanium experts who give Empire surgical precision and market insight without the need to hire a huge in-house team.

The technical side is flying too. Processing work is achieving 99% TiO2, hydro metallurgists, study managers, and environmental experts are all in place, and the geological team has been building for 12–18 months. Everything is moving towards the MRE in October, which is going to confirm Pitfield’s scale and quality.

Shaun (a man who has honoured his word from day 1) made it crystal clear, the recent share price drop is purely market noise. There’s no setback, no change in fundamentals, just a short-term dip. For sellers, let them out. For buyers, I’m still firmly in, I’ve bought myself twice recently, and I stand over it. This is a massive opportunity, showing the market just how strong Empire’s position is.

So if you’re thinking shor term dips are scary, forget that. Pitfield is on track, the team is top-class, the project is technically strong, and the market opportunity is enormous. You just heard it straight from the horse’s mouth, Empire is moving at a rapid pace, and the best is yet to come.

If you want to listen to idiots on this forum (you know the people I’m talking about) then that’s up to you.

I’ll listen to the company MD and all the experts we are quietly gathering and who are actively wanting to join Empire, from previous majors.

Game on.

ML

Is anyone else embarrassed to be even part of this LSE BB?

It’s actually almost beyond belief, to the point genuine investors would be better off not reading anything posted here.

No self-respecting investor who puts in the time to research properly, read widely, reach out with information where appropriate, and keep due diligence at the top of their agenda would waste time here anymore.

Empire is no doubt a gem amongst a sea of waste, and I cannot wait to wave goodbye to AIM at some point in the future and leave these maggots to keep festering.

ML

Thanks Jane,

I was actually hoping we might tie up with SRK after they collaborated with Rio Tinto on the Simandou Iron Ore project in Guinea. They actually assisted in preparing a MRE for that project, which is one of the largest undeveloped iron ore projects globally. It is expected to commence production in Nov this year, with a gradual ramp-up to approximately 60m tonnes per year over the next 5 years. Fantastic news. Let’s hope you’re right.

Outside of completing MRE’s for the world largest miners, they are also working with BHP in designing an underground mining method for individual kimberlite pipes at their Ekati Diamond Mine in Canada. That mine has produced over 10m carats of diamonds to date. Wow.

They had also assisted BHP Copper in evaluating closure options and preparing necessary engineering and environmental documentation for the San Manuel Mine in Arizona. Phenomenal CV and would be great to secure such high pedigree industry expertise.

Not to be outdone by the big boys, Newmont have SRK on their books too with mine ventilation studies for their projects. It seems they insist on having SRK for that area of their business. Fantastic.

Thanks for highlighting SRK’s extensive experience and established relationships with some of the world’s leading mining companies. You’re a gent Jane.

ML

I don’t have the time, nor the inclination to educate you, as you should be reading up on these things before commenting on them.

“Let the company issue a statement on the massive sell off if they know of” - there has not been a single day drop percentage that would allow for or call for this.

Read up on it, and you’ll answer your own question.

ATB

ML

Bumblebee,

You didn’t answer the question.

Do you have any understanding of AIM rules concerning statements from the board?

You asked about it, but now won’t discuss it.

ML

Hi Bumblebee,

Have you any understanding of the rules and regulations of AIM traded companies?

Do you honestly expect an RNS on down days to say “all is fine” 😂

But you’re ok with no RNS on the way up 🥴

C’mon - you’re kidding us all here aren’t you?

On a side note, I’ve not posted because I wouldn’t attempt to validate them by conversing with the types that have arrived here recently with one-liner negativity.

This will be a huge learning curve for a lot of people, and I for one am looking forward to reading the BB soon enough. You can’t buy experience like this, and I like the majority here await the next FACTUAL news release. To go off anything else is just plain silly.

Read the last 6 RNS………I dare you to come back with something contradictory 😉

ML

Report Dave please and outline your concerns.

There have been no online articles posted anywhere I can assure you.

DO NOT FALL FOR THIS RUBBISH.

ML

Reposted on Telegram & ADVFN. Thanks.

Let’s not bury this post - recommended Ageos.

ML

Hi Ageos, thanks for making the effort to post your message. Unfortunately, I experienced the same challenges a couple of months back, where no matter what I did, it would only allow me to paste one particular section of my post, which I wasn’t actually posting. It’s as if the memory of the phone or the website was unable to update. Maybe it’s an anti-spamming issue.

It took me a day to rewrite it, reword it, create it in a different platform, paste it into a different platform, copy it from there, and then paste it into here. But as you say, very frustrating after taking the time and effort to do so. Hopefully it works for you tomorrow or LSE admin confirm what to do.

@GTA, very sensible post, thought-provoking, and recommended by me as usual. So thanks for giving us your detailed thoughts.

I would hope that investors or BB members would be able to decipher and differentiate the quality, the detail, the factual based analysis that the likes of Ageos, GTA and many others are taking the time to post here. In no situation should anyone reading these forums be under any illusion or opinion that these posters are anything like the people who have arrived recently posting one-liner, no-detail, negatively spun comments. I would trust most can see the difference, but sadly not as I received a DM on ADVFN yesterday from a member who wants to remain anonymous for obvious reasons, having sold their entire holding on Friday lunchtime under severe duress. This person is feeling quite disappointed in themselves having originally bought £125,000. He was feeling very content with Empire but was convinced by all the noise last week, then the hard drop from 11am and when it went below what he paid, he sold because he thought it must be something bad. He got out with £97k only to see it shoot back up above his original average. He doesn’t know what to do now and feels battered by the whole thing. I’ve offered general advice (not buy or sell advice) and explained I at one point also sold out at a 25% loss only to see my investment go to +1300% within months (BMN). Make no mistake, many others are in the same situation this morning, and feeling the pressure. This is why you must play out every situation and possible eventuality in your head and follow your own plan so you can’t have any real regrets and don’t make pressure driven decisions.

Anyway, enjoy your Sunday afternoons. I’m actually heading off for a little power nap now, having done my first Las Vegas 5am boxing alarm since I was probably in my 20s. It was an early start with a stiff cup of coffee rather than a stiff bottle of spirits in my 20s. But glad I did, as the fight was phenomenal. As I post this I see Ricky Hatton has sadly passed away. RIP and a timely reminder to us all that this isn’t really the most important thing, it’s just an investment which we can’t bring to the grave.

ML

Hi Aimgainer,

No offence but you’re assuming a man who has a relatively ordinary job, has half a million just sitting there to buy shares.

We know nothing about anyone’s personal finances, their outgoings, the investments, their family, mortgages, cars or whatever so to think that Greg or anyone on our board are multimillionaires with cash burning a hole in their pockets is just ridiculous.

I’m not sure many people have a grasp on the reality of being a board member on an AIM traded company. In fact, I’m certain they don’t.

I would make one suggestion and it is very important. The likes of Jane, DaveKlein etc are here on purpose. Filtering annoyances is understandable, but reporting with a reason these type of people who use defamatory and liabilis content is very important.

All genuine holders should take 15 seconds of their time to do so as fair debate is all anyone wants.

ML

Hi George,

I’ve plenty of thoughts but adding to an already ridiculous level of conjecture and assumptions will offer no value. There’s been enough of that throughout the week so it’s time to enjoy the weekend and we go again Monday.

Just one thing to clear up as it appears to have been missed but maybe it was confirmed on Telegram or ADVFN, Empire has been added to the AIM100 which is great for credibility and additional visibility (not auto buys from funds and we also can’t be added to the AIM50 list as international companies like EEE don’t meet the location criteria needed for that to happen).

It’s just a small point to note as CEV and another member (who I have forgotten their name, apologies), had pointed out at the beginning of August. The official AIM100 list goes public on Sept 22nd and the PR awareness is great for our exposure to a wider audience.

Empire is up 587% YTD, perspective is what’s needed here, not more unanswerable questions.

Have a nice weekend all.

ML