Member Info for Manlord

We have certainly made a truly historic discovery with Pitfield. A colossal titanium deposit estimated at 26 to 32 billion tons of ore, officially the largest known titanium deposit in the world.

This discovery is not just significant; it is transformational. With a fairly unwavering commitment to rapid development, the BoD are preparing to unveil an ambitious yet highly achievable development plan that could reshape the global titanium industry & our pockets also 💰

Our breakthrough has captured the attention of investors worldwide, particularly in the US, Europe, and Southeast Asia, where titanium plays a vital role in aerospace, defense, and high-tech manufacturing. Recognising the immense strategic value of this project, we have taken proactive steps to facilitate international investment, including the recent listing on the OTC market.

We have strengthened our leadership team with key board appointments (Phil.B etc.) which further solidifies our position as a dynamic force in the industry.

We have already conducted extensive drilling with over 200 holes drilled confirming the vast scale and consistency of mineralisation. With a sharp focus on defining a JORC-compliant mineral resource estimate, SB is strategically prioritising high-grade zones to maximise efficiency and profitability. The easily accessible weathered cap of the deposit represents an immediate opportunity, setting the stage for a swift and cost-effective mining operation.

Rather than simply touting the sheer size of the deposit, SB seems laser-focused on commercial success. The company’s strategy is clear IMHO, identify the highest-value areas, expand the resource base through further drilling, and seamlessly transition into scoping studies, pilot plant development, and full-scale feasibility assessments. The momentum behind this project is undeniable, and every step is and has been meticulously planned to ensure maximum returns for us shareholders, Century & the Three Springs community.

One of the most exciting aspects of this project is our commitment to producing pigment-grade titanium dioxide, a premium, high-value product that far surpasses lower-grade intermediates. What sets this project apart is the extraordinary purity of the ore, which contains minimal impurities. This unique composition allows for significantly simplified processing, reducing costs while ensuring superior product quality which is an undeniable competitive advantage in the titanium market.

To fully capitalise on this opportunity, we are actively exploring vertical integration and strategic partnerships, positioning the project at the forefront of innovation.

CTD…..

Https://www.linkedin.com/posts/association-of-mining-and-exploration-companies-amec-_investors-exploration-mining-activity-7310506574483976193-Yzem?utm_source=share&utm_medium=member_ios&rcm=ACoAAAf7tiYB_f_0iCqUItGnPP3DD_AmTXPhyQA

We’re certainly banging the drum!

ML

Who knows what’s possible!

Over the past five years, major mining companies like Rio Tinto and BHP have engaged in several significant acquisitions to bolster their positions in key commodities. Here are some notable transactions:

Rio Tinto:

• Arcadium Lithium Acquisition (October 2024): Rio Tinto acquired Arcadium Lithium for $6.7 billion in an all-cash deal, aiming to strengthen its position as a major lithium supplier amid growing demand for electric vehicle batteries. The acquisition was completed in March 2025, establishing Rio Tinto Lithium as the company’s lithium division. 

• Sovereign Metals Investment (July 2023): Rio Tinto purchased a 15% stake in Australian exploration and development company Sovereign Metals for $27.6 million, indicating interest in expanding its resource base. 

• Rincon Mining Acquisition (March 2022): The company completed the acquisition of Rincon Mining’s lithium project in Argentina for $825 million, following approval by Australia’s Foreign Investment Review Board, enhancing its lithium portfolio. 

BHP:

• Oz Minerals Acquisition (2023): BHP acquired Oz Minerals for $6.4 billion, increasing its exposure to copper and nickel. This deal brought in Oz Minerals’ Carapateena copper mine, located near BHP’s Olympic Dam operations in South Australia. 

• Filo Corp Joint Acquisition (July 2024): BHP and Lundin Mining jointly acquired 100% of Filo Corp, forming a 50/50 joint venture to manage the Filo del Sol and Josemaria projects, aiming to strengthen their positions in the copper and gold sectors. 

These strategic moves reflect the industry’s focus on securing critical minerals and expanding operational capabilities in response to evolving market demands.

Quick examples so don’t be surprised in the coming years to see something similar.

ML

Https://www.proactiveinvestors.co.uk/companies/news/1068746/bigger-than-lithium-and-rare-earths-is-titanium-the-strategic-mineral-story-investors-need-to-follow-1068746.html

ML

Correct Piggy,

This will all become apparent when the MRE is completed.

ML

Thanks 4K,

Hope you’re right about the hydrochloric Vs sulphuric!

HCl is generally better as it produces less waste (easier to recycle) making it the preferred option for refining and purification.

H2SO4 is useful in specific applications (like ilmenite), but does have high waste production making it less attractive in modern processing plants.

50% less acid (whichever one) is good news either way.

Thanks for your comments.

ML

Great news on the TR1. That’s a minimum of 7.1% held by Asian funds (4% held by Gold Elegant in HK)

The more free float we can shore up, the better.

Get your shares locked away on limit orders in the pounds 👍🏼

Singapore meeting happening too, lots going on & we’re now thinking international, rather than national.

You can be sure they were talking to Empire mgt about their investment and if there was a placing incoming, they would have been given the opportunity to take part, not buy in the open market at presumably a slightly higher price.

It’s AIM & who knows, but chasing the few pennies here and there isn’t my cuppa as the time you try it, is the day it bites you in the a$$.

ML

The article has only confirmed what “most” already know but great to see another piece being written about our Pitfield project. IMO it’s an absolute game-changer in the world of titanium. With the largest discovery of its kind globally, SB & Co. have achieved outstanding results to date in creating high-purity titanium with minimal impurities.

The potential is immense, not only could we eventually control a third of the world’s titanium, but it’s also likely to be backed by strong government incentives, in turn attracting significant investor interest (especially from the US). The project’s development could position us as a dominant force in both the pigment and metal sectors, with years of opportunity ahead.

With increasing investor interest and a rising share price, the company has immense growth potential in a rapidly expanding sector which is a truly a remarkable moment for the company and the industry!

You either believe, or you don’t based on the known scientific data, future geopolitical position, finance availability and required funding, quality of the BoD & specialists employed, but most of all, your own research & gut instinct.

ATB

ML

No worries mate.

When it’s one persons personal observations & opinion which is then shared with others, it can become like 🇨🇳 🤫

All in all, the point though as you say is positive 👍🏼

Well done Scott with 🇺🇸 purchases.

ML

Just in case that opinion has been gained from my meeting (if not, where did he say this?) I’d like to be clear.

SB never said to me that he aims to make it potentially saleable to a buyer / major. He said to me (after I asked would we consider offers) that obviously majors might be interested in us, but we do not need them. If all they or a JV brings is money, then why would we allow that value opportunity go to someone else as we have the project, we have the product, we have the location and the expertise. Any potential offer would need to be of true valuation for it to be even considered but in order to ensure we stay in the driving seat, we have 12-18 months of work to do, which they will do.

Apologies Aimgainer, I was just making sure my views were not misinterpreted but maybe this has been stated by SB elsewhere.

ML

Here’s a dilution calculation & figure that is interesting.

SB joined Empire on the 1st June 2021 with a total MC of £10.1m and 336,711,755 shares in issue.

Roll on to today……….📈

Visual might be easier. Presentation made last week.

https://ibb.co/2pzXtJ8

ML

@Metis,

Have you taken into account what work projects & type of drilling was being done during your calculations?

Have you taken into account the key employee appointments made Vs this next phase of development?

Have you taken into account the research & grant tax incentives which are paid back to Empire? Do you know the % rate of tax reclaimable, and when?

Have you taken into account the current costs of this particular phase & type of drilling? How many rigs, type of rig and manpower required to gather the tonnage of material needed compared to the phase you mentioned?

Are you aware of the plans and objectives of the board over the next 3 months?

All this must be considered when making comparisons & then a determination of expected burn rates.

Nobody really knows, otherwise we’d be inside, however making guesses & stating that a fundraise might be close by doesn’t really offer anything of note other than stating the obvious as we’re trading on AIM and it’s all about funding. If we had bag loads we wouldn’t be on this market.

Dilution is GUARANTEED if we are to progress, the BoD know tapping up shareholders can’t continue and are fully focussed on delivering funding of a positive nature. The latest RNS’s and attendance at multiple conferences over the next 4 weeks show the objectives and the team will do their utmost to deliver on their statements.

Good to see so many new posters here though, we’ve been expecting you 😉

Nice of some to tell us they’ll buy back at realistic prices but see this as a great LT prospect. Why didn’t you buy when we were at 6p, 7p, 8p, 9p if that was the case?

Call me a cynic, but these views & opinions are “right on queue” 👌🏼

Like always, I’ll listen to the BoD who have been spot on the last 48 months , they say we are SIGNIFICANTLY undervalued. Until they give me reason not to trust them, trust them is what I’ll do (all while researching every single aspect of this company to see if what they are telling me is indeed correct).

ML

Continuation:

From the above it should be evident that because of the differential rates of recovery of the various titanium minerals and the different and variable proportions of TiO2 content of each of the minerals it is not possible at this stage to quantify the product obtainable per tonne of ore. It is however reasonable to assume, based on a minimum titanium mineral recovery rate of 60% and a predominance of anatase and rutile, that the Thomas/Cosgrove prospect should produce around 3500- 4000 tonnes of c95% TiO2 finished product for every 100,000 tonnes of ore processed from the estimated 4.0-4.9 billion tonnes of weathered cap deposit. What proportion of that deposit meets the specifications of an MRE [Mineral Resource Estimate] awaits the assay results of the current Air Core drill survey and may, as I detailed in a 28.08.2024 post [paragraph 5], be in the region of 2.0-2.5 billion tonnes if the anatase rich zone is limited on average to the uppermost 28m as indicated in RC24COS018. To put that into global demand/supply context, 2.0 billion tonnes of ore equates to 7 million tonnes of c95% TiO2 product whilst 2030 predicted demand is for 10 million tonnes. So if EEE can capture 10% of the market, a stated objective, the Thomas/Cosgrove weathered cap resource alone, based on very conservative metrics, would satisfy a 10 year rising demand curve. Further potential resource extends far beyond that.

The Thomas/Cosgrove Prospect encompasses less than 20% of the TiO2 enriched area within the Pitfield mineral province, and the weathered cap is only part of the JORC Exploration Target of between 26.4 and 32.2 billion tonnes graded at 4.5 to 5.5% TiO2 extending to greater depth within the Thomas/Cosgrove properties. Hence the potential ore reserves within the Pitfield Mineral Province, including possible extensions of the anatase rich weathered cap and the unweathered titanite rich sandstone bedrock, have the capacity to supply global demand on a multi-generational time scale. The impending MRE will be an initial resource estimate, being only part of a far greater potential resource.

AGEOS

Reposting from Ageos as this should not be on page 2 already.

@Ageos - Thank you for taking the time to post.

the march 10th rns confirming the successful completion of the four month long “product development testwork programme” for the anatase-rutile resource at the thomas/cosgrove prospects, completes a crucial stage in the commercialisation of this ti02 project. demonstration that a product suitable for high quality sponge metal or pigment production can be obtained, elevates the economic potential to the highest level in the industry.

understandably this has prompted some speculative estimations of the possible production potential both from the thomas/cosgrove and wider pitfield resource but apparently without a proper understanding of the relevant constraints. the following may assist in that understanding.

regarding the thomas/cosgrove prospect the immediate target resource is the anatase/rutile enriched, 40-60m thick, weathered cap estimated to contain between 4.0 to 4.9 billion tonnes at 4.8 to 5.9% tio2. the processing testwork has established that the ore is sufficiently friable to require only low energy [ie low cost] crushing/grinding, for screening to produce co**** and fine fractions suitable for gravity and flotation processing respectively. gravity separation recovers 60-80% of the titanium minerals from the co**** fraction into a heavy mineral concentrate and the froth flotation recovers over 60% of the titanium minerals from the fine fraction into a fine flotation concentrate. importantly, note that these recovery rates of 60-80% and over 60% relate to the total volume and range of titanium minerals, so not just the anatase and rutile [both c95% tio2] important as these are, but also leucoxenes [a spectrum of titano-iron-oxides with 65-95% tio2]], ilmenite [c65% tio2] and titanite [casitio5; 30%+ tio2]. also the recovery rates are not proportionately applicable to the 4.8 to 5.9% tio2 assay grade of the ore as tio2 content is not the same as the % titanium mineral content. the latter will always exceed the former.

finally, the heavy mineral and fine flotation concentrates, after treatment by acid bake/water leach processing, filtration and hydrolysis, was calcined to produce a product containing 91.6% tio2 with extremely low element impurities. further refinement at all stages of processing will increase this assay percentage to the 95%+ necessary for premium markets and hence high quality sponge metal or high grade titanium dioxide pigment production.

to be continued

Artic, when you start contributing in a meaningful & adult manner, then maybe people will assist you in your search for answers however, your current contributions below amount to absolutely zero, in fact it’s embarrassing & is certainly turning people away from this platform.

Grow up, respect the forum and you’ll learn far more from those willing to share their knowledge or opinions.

Unless you’re here to purposely disrupt, I think you’ll see it’s a reasonable request.

Simple questions need answers ML.

As Elon once said start small aim big

I just made that

Let me start with an idea because you lot have not got a clue.

Start using a kitchen aid mixer like the one I use to make

Agous what will be the process to bring this to market,it is easy to kick over a bit off rubble.

What is the plan

Sounds good but you don’t explain how the separation of metals will happen.

Price that one up

Parky was here first

Missed the signs she hates me find out my mistake

Got viking blood

Went out to see my girlfriend in a pub with her friends i i am in trouble.

Because she said i was checking up on her

why she

That was a quote from my hero's laurel and Hardy

We will get our bottom kicked by Mr Lord soon

And Stanley i don't blame

Who are we to judge Hardy

Robs still out in Thailand

I will inform him that what you did say earlier ,it is much better than what i suggested

I can play chords to that song but the quick picky fingers i aspire too.

I am surprised he can play that quick with his big fingers and built like a tree trunk like me

B-T the devil will make work for idle hands.

Trying to remember who said that, long time past since

When you sprout shooting up to £7:80 first thing i look for is Del Boy in the room or is he still in Thailand

Sorry teacher but i still think you have landed are a few fields North of the runway.

ML

Can we please stop ruining good quality content by posting endless drivel as a reply.

I note the “meeting” thread from Friday has been utterly destroyed and buried yet again by the weekend crew. Let’s not do that to the Ageos post.

We’re trying to get the Empire story out there, & if new investors arrive here looking for info, they’ll be thinking this board is little or no use to them being better informed.

ML

Port sorry.

Autocorrect.

ML

Hi Pitt,

Trust me when I say Shaun is not planning on accepting a rogue offer.

As he said, it’s possible, but doesn’t mean we have to accept it.

He’s 100% committed to seeing this value into fruition.

ML

Father of Jake,

I’m just an ordinary bloke, who wants to see nice people prosper!

Nothing more but thank you all.

I’m confident we’re all onto a winner here. It’s rare you find such a company on AIM (or OTC) & trust me when I tell you Shaun is the needle in a haystack of MD/ CEO’s.

A man who truly values shareholders over personal gain.

Just my opinion but I’d like to think I’m a good judge of character. I think most that have met him feel the same.

ML

For those that asked about Century.

• Century Minerals holds 30% equity in the company, influencing decisions like raising funds, issuing new shares, and engaging with investors.

• Equity dilution may occur when new shares are issued, reducing the percentage ownership of existing shareholders.

• The company has secured 70% equity, with the option for future ownership increases from Century Minerals.

• Century Minerals’ 30% stake is considered in strategic decisions, but the company is confident in managing the relationship positively.

• The 30% stake offers flexibility for future changes, including the possibility of a buyout or full ownership.

• Investors should view the ownership structure as well thought out, with mechanisms in place to benefit the company’s strategy.

• The ownership structure provides a solid foundation for future growth and offers the option to move toward 100% ownership (for Empire) while maintaining positive stakeholder relationships.

SB is very clear to say the relationship with Century is a very positive one.

Again all my interpretation.

ML