Member Info for Mavern

Just a reminder for those who may not be aware:

https://x.com/smallcappixuk/status/1975130735658127591

I beg to differ with some opinion that this could hit a bit of a lull after the MRE and here’s why. You can forget about traditional routes to production, lassondre curve etc this will not be a traditional mine it’s an open pit and, as stated by AI …

“Empire Metals' titanium project in Western Australia is moving rapidly, with a target to reach production by 2026, significantly faster than the industry average of 19.6 years from discovery to production”

Be aware that many posts on LSE are agenda driven (even more than you might think) with most sensible discussion now moved away due to inaction by the moderators.

Ask yourself will a £500m market cap (or even £1B if the MRE takes us to 90p) be representative of the 30 billion tonne resource once in production? I think not.

And I’m still intrigued to know who all these other companies are who are post DFS with a lower valuation then BRES, numerous people have asked but nothing forthcoming as yet, cannot think why that would be?

Tellodome - 54 very lengthy negative posts about a stock he’s not invested in and apparently has no interest in. Why? Go figure.

Janganda clearly stated in their RNS 26th Sept that they needed to raise funding to focus their resources on “implementation of their new gold strategy”. Their market cap of £6M is simply too low to raise the required funding through dilution. Tellodome hasn’t even made the effort to read their company update, very poor research as per all previous posts

I’m surprised this wasn’t announced in a Holdings RNS TR-1? I wonder who the undisclosed buyer could be?

https://uk.marketscreener.com/news/an-undisclosed-buyer-acquired-5-76-stake-in-blencowe-resources-plc-from-jangada-mines-plc-ce7d58d3d081ff21

Sorry to join in as I’m very conscious this is an EEE chat board but since the question of other investments has been asked I broke all my investment rules to put everything into EEE and BRES several months ago. EEE has done what I expected, BRES in my opinion is about to. Many parallels to EEE in terms of graphite resource vastly bigger than required, premium quality and at surface. US DFC grants and multiple offtakes in place already and incredibly just £20M market cap

You could do the same Dusty, yours would be bigger than the Encyclopedia Britannica

If you check the link this was the 30th September OTC closing price, there were zero trades yesterday:

https://www.google.com/search?q=epmlf+share+price&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari

With his Sovereign Metals investment down 92% in five years you can well understand why Telledome is getting increasingly concerned about the dissipating final 8%. The quality and cost of the BRES graphite will be a serious threat to a number of competing producers so expect a few more of Tellodome’s agenda driven posts

What many investors are missing here, and in particular many NON-investors is that this is not going to be just another run of the mill anticipated MRE from a mining exploration company, this could well be one of the most astounding MRE’s in mining exploration history. I simply don’t buy the perception of some that the MRE could be underwhelming, in my opinion that is simply not a possibility based on all the data and evidence supplied to date. We are going into October next week and the MRE could drop any day. We are likely to see the serious investors take their positions ahead of this and regrettably we are also likely to see a few more Meldrew’s, Tim Smiths and Bobbybaggers, it’s always the case. Just remember they are here for a reason and trust me it’s not to save us from ourselves!

And of course not forgetting the 1.75m shares that RAB also sold to re-balance their holding following their participation in the fundraise

How impressive is it that whilst Jangada have been offloading 21 million shares the share price has almost doubled since April. This should find “fair value” now quite quickly irrespective of pending news

We have to be wary of the fact that competitors like Sovereign Metals can be seriously impacted by the Pitfield Discovery and within the select few FUDsters we are blessed with (Lovehandles being the most memorable …where is he/she now!) some will be invested in the competition and be somewhat freaked out. Personally I would choose to switch horses rather than try and kill the stronger horse. Despite their best efforts value will eventually out and these agenda driven posters have zero impact in the longer term

Actually Bobbybagger raises a fair point, the share price today nowhere near represents fair value. We really should be close to £1 pre-MRE and I expect we will be much nearer to that very shortly as the anticipation of a world class MRE builds

Most likely 7’s incoming, and probably this week. As LW suggested it was a holdings adjustment following their participation in the fundraise

Incredible to think on the cusp of all this news, and with all the progress made in the past couple of years, the share price is still where it was five years ago albeit the market cap is slightly higher through dilution. Now the persistent selling has abated just the “normalisation” of the share price should take us past 10p, even prior to DFS and financing

Granth, I first invested in EEE in November 2022 when it was just over 1p. I recall the investor frustration when the share price languished and nowhere near represented the extent of the discovery. Then all of a sudden there was a penny drop moment and the re-rate to cover the value disparity commenced. Even after the recent pullback it’s still 53 bagged. Not saying the BRES SP will appreciate to that extent but I do see a number of parallels, especially as we are really close now to DFS, financing etc.

I think there’s little doubt he’s never been invested, more likely is to be seeking a lower entry, good luck with that!

MR is one of the most legitimate and conscientious CEO’s I have encountered in many years of investing, plays with a very straight bat

Thanks Oistar, that looks like a cut /paste straight out of the FUDsters handbook! At least make an effort to be a little more creative! As I said earlier in the week expect a few more of these negative Nellys to arrive, it goes hand in hand with share price appreciation which we are going to see much more of the coming weeks. As Charles Archer said the crazy low market cap here below £20 million “is an insult to mathematics”!