Member Info for Markyess

Indeed, it'd be nice if they would give us sufficient indication that the taste will mature with age or go off, so we can make educated opinions on whether to bin the jam, or plan to buy some scones.

In the worst case scenario, I guess the fact that there is a renonwned food critic buying up jars at a rate of knots, we should have *some* confidence.

That'll have been Recovery Stock, I should think. He posts on ADVFN, but not here.

Thanks for the notes/updates PC. Unfortunately my attendance was prevented as we had a family bereavement.

Other than the chance to meet you (again?) It seems there wasn't much else to get excited about.

* Resource drilling / proving up the purported 60 year+ mine life to internationally accepted mining standards

* 2023 Sales Plan / Forecasts / Offtake agreements

* 2023 Mining Plan

* Conversion of mining permit to large scale mining

* Completion of granulator plant

* Updates on investigation into using our product in liquid and hybrid fertiliser products

Thanks Vernon, that's reassuring and good to know.

I have filled in a form ready to send to Julia and asked II myself, but no answer yet, but your reply gives good assurance.

Thanks

Anyone else invested in Calidus via II take up the recent share offer and options?

I hadn't seen anything via II about accepting / applying for the Options, in spite of a social media message.

I'm filling in the form on my own behalf, but unsure if it'll take effect given holding via a nominee account. Wondered if anyone else had clocked this - or if not - you're best to action it!

Skimmed it, so this is just very first reaction / conclusion

It's jam tomorrow.

And you know what? Given where we've been, it's perhaps the best we could have hoped for the last 12 months. Consolidate ownership, learn the resource, plant and market, consolidate financially, and now move forward with a considered strategy and plan built on 12 months learning at the 'cliff face'.

A decent opportunity for new Investors coming aboard, and for those of us that invested as far back as 2011, we have to be grateful for Calidus and that Keras could still make us some money in its own right, but we need even more patience.

Togo coming through on their initial payment gives a lot more confidence that Togo will deliver us some revenue over 3 years, and financial independence to clear the purchase cost and legacy of Helda, and push forward in North America.

I'll dig into the detail later.

At the current levels, a derisory offer.

Grosso seems to be aggressively building a position.

Are we going to see a hostile positioned?

Hello? Is there anyone there?

This is beyond silly, now.

17th July for the first payment mil0

....seen my tumbleweed?

I think it rolled through here....

$1.7m = £1.37m

I'd converted to keep the figures in Sterling.

We will always agree that the silence from the Board is wholly unacceptable. That comms aside, and even before you consider revenues/profits from Diamond Creek, the value of the tenements, licenses, buildings and plant, plus the £1.37m Togo cash would equate to more than £3.2m

As I said, the performance (and communication) of Diamond Creek is a major factor.

However, how much is the 100% of Diamond Creek worth? What have we invested in acquisition and set up?

Our current MCAP is only £3.2m.

At even £800k profit a year (low operation, low sales), for only a 5 year mine life, discounted, that's our MCAP, right there. That doesn't even consider the £1.37m cash from Togo (or any potential uplift in commission and brokerage).

So I think even notionally, without comms, we can safely say the company is valued irrationally.

Oh good Lord, yes.

If this gets anywhere near 3p again, I will be finding ways to pile in further.

How much does a kidney go for these days?

Yes, I know we are pending news on the performance of Diamond Creek, that doesn't need to be said.

The share price and market capitalisation on this is *still* irrational regardless of that fact and I am somewhat perplexed at the spread and bid, and what seems to be the price being driven downwards (again).

At this rate, the company will be worth about the same as the Togo disposal cash injection expected in July, and represent no value for the ~60 year mine life, in production Phosphate project!

It doesn't surprise me to see some folks moving on as the company moves on from Togo/Manganese. When the Iron play at Mebaga went south, people exited as they weren't interested in the remaining Manganese play. As the company changes, so too the investors.

It would probably at least help if a compelling story was given to encourage people to remain in for the Phosphate play, but that would involve communication.

This RNS provides a perfect timing / opportunity for Graham to release an interview. Discuss the Togo agreement, talk to the strategic plan at Diamond Creek, an insight to how this changes the Corporate Presentation in terms of exploiting the resource prove up, and larger scale mining permit.

Come on Graham. Talk to us. Please.

I'd imagine the market wishes to see some tangible facts on Diamond Creek's performance - given it is now our only show in town.

The fact that the RNS alludes to this transaction facilitating the next acquisition tranche payment could be interpreted to suggest we weren't in position to pay it from operational proceeds. How successful and lucrative would that make Diamond Creek at this stage in its lifecycle?

And I'm not starting today

I'm checking the small print to make sure our wives and girlfriends haven't been offered to Gnassingbe on a rotational basis to sweeten the deal.

I reckon that *if* this actually materialises, the most we'll be seeing from this over 3.5 years (including the initial payment) is around $5m. AND we have to work for it!

Yes, it allows us to move forward.... big whoop.