Member Info for Manlord

Hi Gem,

Good question and a fair one.

You’ll have seen Narelle Marriott or Andrew Farragher have been acting as CPs for exploration results, that’s valid under JORC, and fairly standard even if they are employees. CP’s need 5+ years in a specific area of expertise and are formally liable for for any misrepresentation.

When we communicate the JORC compliant MRE, it’s standard to engage an independent firm (like Snowden Optiro). That way, the estimate carries more weight with the market, financiers, and potential partners due to their industry expertise, experience and reputation.

The MRE itself is considered “verified” because the CP from Snowden will formally consent to it. That becomes the independent validation.

If they rubber stamp it, the mining industry take it as a 100% certification without any debate.

Outside of that, the sheer level of expertise taken on in the form of Empire employees this last 18 months, means there are far too many people now involved for this to be anything but bone fide IMO.

ML

Thanks Ageos.

I have a meeting with Shaun and Arabella on Wednesday and I have a few topics that I'll be covering with them, mainly to just confirm my understanding of the latest RNS’s is fully correct and aligned with expectation. One thing that's become apparent from those who have messaged me directly and commented on ADVFN over the weekend is that rather than ask me to find out specific questions from Shaun, they wanted me to pass on their thanks to both him, Arabella, and the management team and all involved with Empire for their stellar work and efforts that continue apace. I think that goes a long way to showing the confidence that shareholders have in Shaun’s ability to not only meet deadlines and expectations but also exceed them. During my meeting on Wednesday I'll also be conveying my support, which again confirms the level of comfort I have with Shaun at the helm. The work carried out over the last 36 months but specifically the last 27 months has been nothing short of spectacular.

For those of us who are now holding shares in Empire, the very best luck because the time is now. Now we’re going to see exactly what the future holds and for those of you who are watching from the sidelines, enjoy the view or get involved. Either way there's a very short period of time remaining before the MRE and geological modelling is communicated and confirmed via RNS. It's at this stage you put full trust in your gut, your research and the company and that you forever hold your peace with whatever comes of it. For those who are considering selling after what has been a very decent rise, the very best of luck to you and enjoy those profits. One thing I'll leave you all with, what was that phrase that Shaun used maybe six months ago? Oh yeah, “circle the wagons”.

If you haven't seen this interview it's actually very good. I would suggest everyone spend the time to watch the entire podcast but specifically from the point of 1:38:03. (About 90 seconds long). IMHO, it's particularly poignant in discussing Empire Metals 😉

All the best, and enjoy September!

https://youtu.be/qgeQ5kMVwRA?si=ehBTL4CQ8OQvovFi

ML

Have a nice weekend all.

Empire up 43% this week with relatively strong close to such increases.

Lots to look forward to.

ML

@Tom,

Good luck with your profit and well done.

When you see a 30% - 60% spike in a share price in a single day, it’s not the same as a casual 5% - 10% move. That kind of rise can only be justified if it’s backed by real, material developments. In our case, it absolutely has been backed up.

We’ve had a confirmation from Shaun in a 39 min interview, laying out the clarity of next steps and confirming the strong likelihood of moving into production with what could be an industry-disrupting business. We’ve had assay results that consistently show high grade mineralisation, from surface all the way down to 50m, head to toe. We’ve had a monumental processing breakthrough just yesterday, which fundamentally changes the scale of what can be achieved, the costs being lowered and all done with minimal earth disruption which is an ever increasing importance for ESG values, is HUGE!

This isn’t just speculation or hype. The spike is underpinned by fundamentals and hard evidence, the type of newsflow and validation that, in any other market, would be seen as transformational.

I beg to differ on our understanding of what a “spike” is. This has serious legs to go, and I’ve said it for a long time, you sometimes only get one chance to swim with the tide, and when you do, you swim like hell.

Empire is that wave & it’s just entered the eye of the storm.

ML

15 minute post update!

Now 50% up for the week and blue!

@MM’s - Well played Sirs 👏🏼 Well played.

ML

Perspective!

Today is irrelevant in the grand scheme.

If we did 8.37% daily compounded this week (Tuesday - Friday) we would be 38% up by the close of play (currently up 38% on the week - see image).

We’d all be raving about how the week went with great news and superb interviews, and a lot of us our indeed of that mindset.

That is why the daily is irrelevant when you’re building an industry disrupting business 📈

[url=https://ibb.co/d4hv3YR4][img]https://i.ibb.co/k2dTrCt2/IMG-4329.jpg[/img][/url]

ML

Jim,

In a recent interview (link below) at 10:20 SB talks about Majors and their interest.

One of our challenges (nice challenge) is to demonstrate this unicorn deposit.

When you’re about to change the game, the game doesn’t know what to do.

https://youtu.be/2GiToLu_CxE?si=7ooSh__Sv9M-xDI2

ML

What a fascinating day and we’re only 36 mins in. A 10% drop this morning, and yet nothing in the fundamentals has changed. The reality is, short term speculators have banked their quick profits, but for long-term investors, this is where opportunities are created.

Yesterday we had phenomenal news on a genuine processing breakthrough. A milestone update that takes Pitfield forward in a huge way. And yet here we are, back at the same price as before that news was even known. That is the market psyche at work 😃

Take a step back and look at the bigger picture. At the start of this week versus today, the fundamentals are actually stronger, not weaker.

We now have assay results in hand with 7% grade head to toe from surface.

We’ve had Shaun’s interviews adding clarity and confidence.

And we’ve had processing updates that confirm scalability.

For the same price, we’re in a far, far stronger position overall.

This is where real investors earn their stripes. Days like today, when others go quiet, are the days you should be loudest. Nothing has changed. In fact, the case has only become more attractive. Stick to the RNS’s. Stick to the science. Let the experts do their job.

We’ve seen this play out time and time again. The impatient take their profits and move on, while the ones who understand the bigger picture reap the rewards.

£300,000 down on paper give or take today but I’m as comfortable and confident as I was going to sleep last night.

Have a good weekend all and another week done & dusted, closer to the MRE news.

ML

What a day it’s been across all three Empire platforms (LSE, ADVFN & Telegram). The stories coming through really show what this journey means beyond the numbers on a screen. A members daughter selling her shares to put down the deposit on her first home. Another member completing a kitchen renovation. Another using gains to cover medical bills. Grandchildren having shares tucked away that are now worth so much more than when they were bought. And of course Piggy, stepping into millionaire status today.

These are not just investments, they’re life moments being made possible. It’s inspiring, energising, and a reminder of why we’re all here and why we keep the faith. The share price is one thing, but the real story is how it’s genuinely changing lives. Long may that continue.

ML

Three days on the bounce now and the trend could not be clearer. We've gone from 8m (900 trades) traded at an average of 45p, to 12m (1200 trades) at 49p, and today nearly 17m shares (1800 trades) at 55p. That's not just liquidity, that's liquidity stepping higher every single day alongside price appreciation. The market is absorbing serious volume and doing it at higher levels without any real hesitation. For anyone still doubting, this is exactly what an early stage rerate looks like ahead of major news flow (MRE). Fantastic week, pullback at some point in the future & TBH, like we've seen many times before, those sellers being taken out by buyers with the LT view are exactly what we need to see.

It takes one very sad individual to come in here and just offer a negative statement without any backup. Get used to this guys, we’ve seen it all before. Don’t bite, trust your gut and maintain your focus.

ML

Green box pox having an episode on an RNS day?

Where have we seen that before……oh yeah, every RNS day.

Please for the love of Christ, stop engaging. He is worthless to this forum, and does this on purpose so why do you reply and comment when there are far more important things to be discussing, especially today. There is so much effort being put into informing fellow members, for it to be buried constantly with irrelevant commentary is disheartening.

It’s torture for the rest of us having to see broken threads everywhere and we’ve had almost 2 years of it. Give it a rest.

If you have nothing constructive to offer, then respectfully please don’t inflame.

ML

@PJ70

Covered this yesterday in a 3 post summary.

ML

@Coothill

Many thanks for the time taken to post. I appreciate the comment and the well wishes.

ATB to you too.

ML

Bottom line, pitfield is now not just about scale, grade and near surface continuity, we can add proven metallurgy industry leading purity and recoveries and a clear low cost development pathway to the lost. We are ticking every single box and positioning ourselves perfectly ahead of the MRE. This is shaping up to be a genuine tier 1 titanium project with global strategic relevance, as we were told 18 months ago.

Again i want to congratulate everybody for going through the entirety of 2024 which was painful and a testament to the strength and courage of your own beliefs to follow Empire and to focus on the RNS’s and it should be a very clear indicator that what you hear and see outside of official communications can be distracting but must be ignored. Well done and enjoy the run-up to christmas, it’s going to be an exciting one.

I’m thrilled, over the moon and feeling extremely satisfied. It appears that my years worth of research and efforts have finally be verified and confirmed.

ML

To my little fanboy who provides me with a green box after every single post I make - 😘

Well well ladies and gents, we’ve officially just crossed the line in the sand, and we’ve jumped across with aplomb. Shaun and the team have just landed what I would call a transformational update from pitfield and it could not be better timed as we move towards the MRE. The metallurgical testwork proves beyond doubt that the weathered ore is perfectly suited to conventional mineral separation and refining methods which is a MONUMENTAL de-risking moment for all shareholders and essentially a big green light for everyone else to get onboard and not miss this once in a lifetime opportunity. Shaun told us it was a unicorn discovery and yet again he has demonstrated and proved that to us.

We are now looking at flotation recoveries up to 90%, leach results at 98% dissolution and an overall recovery around 67% (I estimated 40% in all my conservative estimates of calculating previously) already with a high purity 99.25% Ti02 final product 🤩

The fact that we can achieve this without building a bespoke demonstration plant is massive, it means costs are kept right down with a much simpler continuous pilot programme run through accredited commercial labs, do you realise the implications of this? Really?

For us as shareholders the timing is key because we have also been building a heavyweight team around pitfield in the last few months we have seen the arrival of multiple industry and Titanium experts (we know why they joined now and it was obvious when they were brought in for post MRE work) we have also got Phil Brummit who joined as non executive director with deep capital markets exposure in Northern America. We have titanium consultants with decades of industry knowledge (CSIRO & CURTIN UNI) and all of this strengthens the story going into the MRE and beyond

The tier 1 location in Australia cannot be understated either we have road, rail, port, hv power, gas pipelines and even a green hydrogen hub in the planning stage right on our doorstep this is one of the safest lowest risk mining jurisdictions in the world and that translates directly into lower cost of capital lower operating costs and far easier routes to development. It also ends any upcoming projects in less desirable locations.

Where the real upside comes is in optionality (love SB’s latest word). Pitfield is proving it can deliver a 99% + Ti02 product suitable for multiple high value markets so we can supply pigment feedstock, titanium sponge producers or even branching into titanium chemicals and the clean nature of the ore means customers will see the environmental advantage straight away this opens the door for offtake agreements, strategic partnerships or even joint ventures with majors who want secure tier 1 titanium supply.

CTD…..

Good morning guys!

Full review by 11am

Enjoy the day and where are all those process experts from Jan 2024 now.

Well done for staying the course.

ML

Hi ASM,

GL with your portfolio shifting 👍🏼

This 5 year chart puts our SP performance into perspective.

[url=https://ibb.co/9mMxJXJQ][img]https://i.ibb.co/RG5X1n1R/IMG-4314.jpg[/img][/url]

ML

-4% NVDA after hours on results Solemonte.

Jensen needs to channel his inner Jordan Belfort on this conference call!

People underestimate the markets appetite for earnings well in excess of “meeting expectations”.

ML

Thank you Halla and HG44.

Appreciate the kind words and no doubt there will be a future meet up, if things go as planned.

Mine’s a Guinness 😉

ML

I’ve noticed some comments suggesting that because we’ve had the recent drill results, which were very positive, the MRE is almost a given, and any further upside is just “fluff.” I actually see it completely differently. While the drill results have provided a solid backbone for the MRE, there are several other critical steps that go into a full and maiden MRE.

For Empire specifically, this includes geological modelling and interpolation to estimate the mineralisation between drill holes which will confirm consistency and continuity of Thomas. We have the classification of resources, which determines what can be reported as measured, indicated, or inferred but if you listen to Shaun at 6:20 in the link below, he clearly points to this being indicated / measured (combination of both is possible) by saying we’ll have a high degree of confidence. The bulk density measurements and testing, which are essential to accurately convert volumes into tonnage will also be communicated and these are monumentally important. Carrie Pritchard has been working on the environmental and regulatory studies almost 8 months now so let’s not think her work isn’t important, it’s very important in a green, ESG world which again SB refers to numerous times. We have material data, tonnage adjustments and reconciliation, based on our sampling and metallurgical testing, which help refine and confirm the recoverable quantities.

All of these steps are necessary before a formal MRE is published. In other words, while the drill results have set the stage and already significantly de-risked the project, the MRE itself involves multiple layers of technical validation that the market CANNOT fully price in yet. So even with the strong share price moves we’ve seen, there’s still substantial potential for upside once the MRE is released.

The clues are riddled throughout the interview.

https://youtu.be/eAaMy7JAjgE?si=OFwbMZVzQScNMl34

AIMHO & DYOR

ML