Member Info for Moneyman64

Totally agree Analytical -the big question would you get any response from the Executives or CB?

I really do hope that Bird does monetize some assets very soon but I still wonder if his interests are spread too widely to concentrate on this -perhaps he should appoint someone to get this done

Analytical -no one can wait for ever and I would just like to see a decent return on my investment (having first purchased several years ago).I am sure you do as well .

How long is acceptable to you for Bird to sit on the production licences and keep investors in the dark-perhaps someone with a different approach is needed

Agree Bottomsup -but I think Leon needs to be questioned on how costs can be reduced.-doubt this question will get through on Thursday

$141 million turnover and virtually no profit is disappointing

Another month gone and once again no news on any progress to actually use the licences to generate cash/ returns to shareholders -Groundhog Day yet again

100% agree with you Annalytical.

The key to the shareprice rerate is an asset sale or an asset in production.

Just hope Bird is on the same page-just digging holes will not move the shareprice and I fear a placing in the not too distance future if no sale or production

Whowrotethis -a delayed project costs the company revenue,profit and money to invest in other projects.

How can you be happy with this or don’t you understand accounts or finance?

The facts are -Bird said Luansobe would be in production last September-six months later it is not.

Iky786 is 100% correct.

I am not saying nothing has been achieved-it is a simply the fact that investor confidence has been hit (hence the low shareprice) most likely due to Bird making pledges that never happened.

Annalytical you have still not commented on the shareprice

Chrisp/Annalytical -just ask yourself why the shareprice is near multi years low despite the licences,assets and high copper prices.

It is certainly down to Bird not keeping promises such as Luansobe being in production last September-no point of production licences if you do not produce!

Whowrotethis -the website clearly stated last summer that the Luansobe open pit was accelerating to short term production and I believe Colin stated in an interview following the granting of the 1st Luansobe Licence that production was aiming to start in September 2024!

So are we not to believe anything Colin spouts outside official RNSs

RNs very transformational -knocks 20% of shareprice.

Weren’t we told Luansobe would be in production in Autumn 2024!

Accumulated enough shares here thank you -circa 5 million

And despite the booming copper price and the Luansobe production licence been granted months ago the company has yet to produce one pound of copper-pathetic really

Exactly Analytical -the crucial word is “When”!

Instead of messing around with drilling more holes which can be done anytime-management should be 100% focused on utilizing the production licences

The only things Colin is “top dog on” is failing to deliver returns to shareholders and spouting hot air!

The copper price could double and the shareprice here would not move -the market needs to see income from the licences and not more hold drilling!

3cardbrag -I am pretty sure if the production licences at places such as Luansobe were in capable hands significant income. could be generated.

Analytical -take a look at the shareprice progress over the last year-ZERO and ask yourself why?

Wrong assets or incapable part time CEO?

Shareprice down 15% reflecting Bird’s inability to actually capitalize the production licences.

Bird seems totally incapable of doing more than drilling holes and accumulating pieces of paper.

Total mismanagement -really is time for Bird to be put out to grass and be replaced by someone who has the capability to create shareholder returns

Groundhog Day -how about. Generating some income from the production licenses instead of just drilling more holes

Lots of bickering going on here-we know the six monthly production figures to 31/12/2024 from the January RNs chrome above target,copper below target (reasons well known)and PGMs on target-the financial statements reflect past performance and will be of little consequence if copper targets are hit,the copper price remains high and the chrome and PGM prices continue to rise (rhodium back up to nearly $6000 per ounce as I write ).The IRH deal would be the icing on the cake .

Could be the “perfect storm” of positives over the coming months-and perhaps the company are concluding the IRH deal which is much more important than 6 months historic figures.

The company has proved it can grow production output rapidly -just look at the growth in the chrome figure .

Thank you to all those who attended the presentation and posted comments here-sounds really encouraging.

Unfortunately could not attend myself as enjoying some far away sun

BPrat890 perhaps you should read the RNS of the 20th January instead of engaging in idle speculation

Sales increased to $4.7 million in the year to 31/12/24 compared tom$1.7 million in the year ended 31/12/23

Cash increase to $.62 million compared to $.1 million in the year ended 31/12/23

Please provide evidence that they are barely covering their liabilities after ongoing costs etc.etc.

Does not seem likely to me when there is a 6 fold increase in the bank balance compared to the previous year!

Might to be wise to keep quiet until the financial statements for the year ended 31st December 2024 are published

Agree 100% HairyDavey -time for Bird to deliver something substantial for shareholders or be replaced by someone you can -as I said earlier a Bird should stick to one nest full time and not flit around several