Member Info for MrTriumph

The Navigator,
I do half agree with your first two statements, MTL and gravy trains!!!
In this case, however, I'm prepared to give CB time to get the licence and then as I say take a further view if finance is not then sorted, as I say we have had 12 months to arrange this!!
Your third observation regarding Kwack, somewhat diminishes your views, as far as I can see Kwack should never be encouraged!!
Mr T

Giovs,
All placings are sold into after or even before the event, standard play particulary on aim.
I did expect a rise today I must say, extremely dissappointing reation this is by anybody's standards? I'm not quite sure why it is other than it appears the Aussies still have shares to offload!!
Mr T

The Navigator,
Are you a mining expert? in Namibia? can you negotiate our licence? and also negotiate preferable financial terms for us to build the mine?
If not who are you proposing?
Look, its not CB's fault we are awaiting licence approvals, these things take time and lots of it!!! CB was maybe a wee bit misleading indicating mining would be taking place this year at Hope? but as far as any other matters are concerned lets give him until the mining licence approval is announced, I would then expect finance to be announced very soon after, he has had nearly 12 months to negotiate this?
We will then re convene following these events.
Mr T

Well that didn't end well, although I do believe we will see a constant rise from hereonin, not everyday of course but we will see it.
What I can't fathom and I do see a disconnect here, is after the RNS the sp, shoots up by 30%, which is what I expected, then over the course of the day despite huge volume and apparently more buying than selling the sp falls, so either the market, MMS, do not know what they are doing. or there has been a lot more selling than is being reported. Plenty of black trades again which must be the Aussies. surely they must have flipped the lot by now!!!

Seen this before on AIM but as I say this does not add up!!! This is why I firmly believe we will see a prolonged uplift over the coming weeks and those black trades must end soon.
Mr T

Dave 85,
Thanks for sharing your technical expertise in the Mankayan update. It is a fact though that bzt does not control IDM and therefore has very little input other than to participate in a cash call? as a shareholder.
I would like to think Mank can IPO at some stage later this year, which I believe some of these recent changes may be a forerunner for!!! There needs to be some value attached to the asset before it can possibly start the process of capital raise on a listed market, so here we have at least the basis, of such a process!
Once the prospectus is released with some price ranges and the knowledge of the Capital intended to be raised then we will see what our share may or may not be worth. Mankayan has been dragging on now for many a year and it is essential that it is brought to a conclusion for bzt holders. The question will then become, what do we do with our share if and when listed, I think CB is of the opinion bzt would hold onto its shares until production at Mankayan became a reality? I'm sure that is what he hinted at, sometime ago?
As for a raise, I think we still have £300K to drawdown from the original loan, but one thing is for certain we do not want to be raising capital at the current sp, just to raise £1M at say .005p would involve 2B shares being issued!!! Therefore we need news at Hope before any raise imo.
We are now heading into April in 2023, the year in which CB stated we would be mining at Hope!!!! I assume the licence is the sticking point, hopefully finance could have been sorted by now but will obviously be based on the licence approval?
Things have got to turn around shortly, surely!!!
Mr T

Further Mankayan update, all passed, nothing new?
Lets us hope that 2023 is the year in which an IPO may be imminent?

Mr T

Is everyone forgetting our other assets?

Sasanoff, should be a second drill imminent? Hint of this and the sp will move forwards, although we may need to raise capital to participate?

Ghana,??? any news here will see the sp move forward

All good hear, m/cap far too low imo, I would be looking for at least 1p, here at some point, m/cap, 45M easily achievable!.

Mr T

Slightest hint of a rise and up pop the "black trades", looks as if still plenty to go!!!

Once out of the way, then whoosh me thinks.

Mr T

Thanks Everycloud.

Mr T

Hope and Gorob Project, Namibia
A decision from the Ministry of Mines and Energy regarding the Hope and Gorob mining licence application ML 246 remains pending. Exclusive Prospecting Licence 5796 has been extended to 19 October 2024. EPL 5796 is the licence within which the area of mining licence application ML 246 has been made.



Further work on the drill core generated during the most recent programme to test near-surface mineralisation has been completed and the new database is under review by external resource consultant Addison Mining Services with a view to generating an additional open pit Mineral Resource Estimate in Q2 2023 to complement the existing underground resource.

The key question is when wil the licence be awarded. Someone posted a link to the licencing authorities in Namibia sometime ago which indicated where we were on the list?
Does anyone have any up to date information on this?

Mr T

Personnel familiar with the Matchless Belt geology and in particular the Hope and Gorob style of mineralisation have been recruited to manage the next phase of exploration to test the balance of the known and projected strike length and other defined targets. Exploration will focus on additional drilling and it is aimed to commence this programme in Q2 2023.

Oh dear, one of our resident, lets be kind, silly people has just bought and sold a few thousand shares and made a loss in record time of under 5 minutes!!!
Now lets guess who that might be, Kwack!!! Smiler!!! Snoop!!! got to be one of them, surely!!!
lol

Mr T

There is a 60% spread over on the other platform, ffs!!!

Mr T

"I keep on laughing on those who are going on about a license"

There we have it, a complete and utter fool, we already have one licence!! the other will folow shortly?

Out for the day I see? goodness me, what a tirade of abusive and non sensical rubbish? Anyone make any sense out of it?

Blue?

Mr t

Banzai,

Dont tell him that, he wont know what to post in future, he only does the one liner!!!

Mr t

There was nothing inaccurate about the RNS if you read it. The word "intended"was incorporated into the wording, therefore nothing is late and nothing can be taken for granted. There are always delays, In particular with aim stocks. This is a large deal for Clon, therefore I'm happy with how things are proceeding. If the deal was in doubt we would have heard. All the vibes indicate this will proceed and Clon knew this when they did the raise a few weeks ago. So just sit and wait. Let the mm's play with the sp, once the news arrives then the sp will be into the 20's and even higher.
I would like an update on Sasanof as time is getting on now since they hit that duster last year, which Clon contributed 3.5M!!!! must be another drill coming shortly imo!!!
Mr T

Pipe,
What may I ask, leads you to that conclusion?
I'm not saying you are not correct, I could guess any two dates and may or may not be proven correct?
Do you know the 7 winners today please?
Mr T

"Trust the tea leaves nothing until 22/23"

What are you on about, are we not in 2022/23!!!!!

Mr T

Nod,
Agreed, once this licence is approved this will start rising.

I'm afraid until then its a case of sitting and waiting patiently.

Mr T

For the believers out there, the "1" trade has just been published!!!!

In the morning it is then.

Mr T

Nice finish off today's lows, still black trades showing up, but interestingly not below14??? although I may have missed some.
Could be a good start tomorrow as we near the deadline, although deadlines are often broken on AIM, but I would be surprised if we didn't see plenty of buying now leading up to Friday, and an uplift in the sp to around 17/18!!
Lets see shall we.
Mr T