Member Info for MULLITOVER

Sparky, the short term capex for the Ferronickel project is $69.6m including working capital... . (March 2017 presentation.)

Have to say £40k would have been better spent... at..... 0.20 - 0.25p :)

Interesting article. I particularly like the sound of the penultimate paragraph... http://www.mining.com/iron-miners-capex-will-not-see-strong-comeback-says-new-research/

Iron ore; The 58% dso probably would need to be upgraded. Isn't that where the magnetite holds its own... Upgraded to a high content pellet in Guinea? Ferronickel; Like NC said, that is planned to be refined in Guinea...

Sparky, it's a theory that I agree could be a game changer. Chinese iron ore mine's with low grade iron being closed due to pollution.

Welcome BMB... Well isn't it about time the penny dropped! I've been wondering when someone on here was going to actually raise the subject you have..and you have with your first post! If people look back at previous AGM results they will notice that the resolution for the issue of shares has always been voted against by BZM's largest shareholder. Then, this year they have voted for this resolution... Now why would that be...?! Just one more point, fascinating that ChinalCo (State owned Aluminium Co.) has agreed to buy Rio's two blocks at Simandou. There has been news of a $500m investment into the Bauxite sector. Also we know of the $20bn loan to Guinea for mining and infrastructure development. Also ChinalCo has written to Guinean government wishing to take the remaining two blocks of Simandou, where they have stated that development of Simandou would then commence as a result of obtaining the remaining blocks. The long term holders will be aware of the significance of a $20bn loan as similar sums have been stated for the development of a multiuser port and railway linking Simandou to the coast. The infrastructure route passes Kalia and is shown in presentations and the original 2010 mining convention. The steady news coming from Guinea can only be seen as positive to BZM. Enough said for now... Rather than speculate personally, I'll wait for the company to inform shareholders of forthcoming developments as and when they happen.... I'm patient. Please correct me if I'm wrong, but I don't think I've made any negative statements there... ;)

Posts of; "£2+ were being paid for these shares" should also stop... Eh Presto?!

Sparky, obviously it takes a patient long term holder to have the knowledge you have...and why you understood the direction of the question. We have seen just about every twist and turn on this one... There's always positive and negative debate on here but not forgetting we're all here for the same reason... Napkin84 tozerk Filtered.

Oh I've done my research Napkin... No placing on the horizon you say?

Napkin Could you explain your previous post please? Re: "No funding/placings on the horizon.. " And it seems to have stopped the Saturday conversation!

Why would Zuks buy Sparky? Maybe he has sold a stake for others to take/increase their stake?

"The only people selling are traders" Thats not true... Looking at the latest Shareholders information from the website... Nik Zuks has reduced his holding 0.05% to now 2.95%.