Member Info for mercedesman

Solid blocks coming in, move up coming

Come on BRES, 20p!

I should also add, when the monetary reset happens, there will be an exodus from the typical fortune 500 companies, and a stampede into the miners, and these things always overshoot due to greed/panic

Its a mathimatical certainty to happen, just a matter of when they pull the plug.

Position accordingly

Gurk, GGP went to $1.5 BILLION Mcap after just a few holes and no maiden resource, when gold was $2000 an oz. When Silver hits $300 you are talking unimaginable cashflows, even if we only retain 20-30%, £400m mcap is easy if the company has the resource (we do), as well as a solid PFS/MRE (we will) and a decision to mine. Can UFO get there in 2 years, absolutely.

Going to get a major move in Silver when it touches $92

Silver Juniors offer the best leverage by far

Noooo not selling any time soon, the project economics have trebled in quality since I took the warrants, I would be looking to sell between 20-30p depending on what happens in the EV space and other projects I am supporting. im not one for making 100% and moving on, much prefer 10x or 20x plays. i have plenty of patience.

I took part in the placing at 5p and have warrants exercisable at 8p, they expire 18/5/26 so I (and im sure many others) will exercise them between 12-15p in the next 8 weeks, and that will provide BRES with even more funding

No one selling with so much news flow and upside here, would be surprised to see 14 next week

Come on BRES, 20p minimum by June!!!

The market is sooooo slow to cotton on.

It will be a delayed reaction, but when Silver goes to $300 every silver miner AND silver explorer with proven reserves will 20x. We're early, this will play out over the next year or two, and those with the wit to hold will be rewarded significantly.

Nice, happy to wait, may even add a few more if the opportunity presents itself

When are Muni Muni results?

Come on BRES, should be 20p by now!

Ello ello, buyers coming in, leaked news?

Ha, aint that the truth!

I dont really care which way Paul goes with it so long as he minimises dilution, Hopefully a JV where Alphamin pay costs for resource expansion, or an outright quick sale, altho that would be at a discount at an early stage, either way so long as i get my 5-10x im fine

Worth noting, from my experience with GGP, these companies like to lock up future ore feed long before their mines run dry, In GGP's case Newcrest took Havieron off the market when their Telfer mine had between 5-10 years left. I think a big part of doing so is that it pushes back the 'de-commissioning' date of a depleted mine, the bill to decommission Telfer and restore the land was upwards of half a billion dollars had it run dry.

Im very confident that either a JV or a buyout offer will come very soon

1. Mpama North (The Flagship)

Status: Producing since mid-2019.

Grade: The world’s highest-grade tin mine, with an average grade of approximately 4% tin (Sn).

Output: Produces about 10,000 tonnes of contained tin per annum.(2022)

Contained Tin: 121,400 tonnes.

Life of Mine (LoM): Approximately 10 years as of the 2022

Resource Extensions: Ongoing drilling (the "Deeps" project) has identified extremely high-grade zones at depth, including intercepts as high as 21.75% Sn over 14.4m.

However current production has ramped up volume...

2025 Total Production: The Bisie mine complex produced a record 18,576 tonnes of tin-in-concentrate in 2025.

2026 Guidance: The company targets approximately 20,000 tonnes of contained tin for the full year 2026.

If we predict...

10kt 2022

12kt 2023

14kt 2024

18kt 2025

20kt 2026

assuming no new resource added then 74kt of the original 120kt will have been mined by the end of 2026 leaving 46kt, or approx 2.5 years worth before they run out at Mpama North, MPAMA south could add another 4 years (see below)

2. Mpama South (The Expansion)

Status: Entered production in May 2024.

Grade: Roughly 2% Sn, making it the world’s second highest-grade tin mine.

Current Mineral Resource (as of 2022/23 updates):

Indicated: 0.85Mt @ 2.55% Sn (21.5kt contained tin).

Inferred: 3.42Mt @ 2.45% Sn (83.7kt contained tin).

Production Goal: Designed to increase the Bisie Complex's total annual output to 20,000 tonnes (with potential for 25,000 tonnes)

Got to be news in the post this week right?

With Mpama North/South grades averaging 3%, Rome may actually be higher grade than Alphamin’s, when tin is at all time highs

Wouldnt blame them for making an early offer before we expand the resource too much.