Member Info for NaPoM

Feb RNS stated up to 10,000 tonnes was being exported and yesterday's RNS stated its 5,600 tonnes whiich is not under half. Its possible that they did reach 10,000 tonnes in Jan but due to covid19 restrictions export dropped to 5600 tonnes? I was told that they could easily double what they are producing currently but wasnt aware it dropped to 5600 tonnes until the webinar.

There are a million reasons literally. Read the positive RNS today. Hold your winning ticket or sell it. Either way dont give af.

Axker, you decide to ramp or deramp whenever it suits your agenda. You risk being called a hypocrite just like Cummings.

My opinion in the past does not dictate what I decide to do today as the information presented changes.

MNH is a company maker on its own...combine this with the prospect of getting the Zulu EPO for its gold and lithium, circum investment to finally come through and RHA tungsten to finally produce and pay its way, this is not just 1 winning ticket....it will potentially be rolled over for a bigger winning ticket benefiting all shareholders.

RNS today actually made it clear what we are voting on...we voting on a stake in a revenue producing mine generating close to $1m per month which represents a fraction of its annual target of 500k tonnes. An asset valued based on plant and machinery only so we are essentially getting the mining and prospecting licences and 2 producing open pit mines for free plus all the development work done by previous owners. Its a lottery ticket containing the numbers you know are going to win.

Matt - forecast vs actual numbers RNSd today. Know the difference. Actual revenue is close to $1m per month.

Come back when you can put a sentence together. Bye for now.

Can only base calculations based on numbers in the latest rns and the manganese price at the time. Since then it has changed. You can twist words whichever you can but the bottom line current revenu being produced is close to $1m per month.

Haha lol the whole world is facing a crisis. Acker you make me laugh.

Assuming you haven't been living under a rock in the last few months, would expect dividends to be the last thing that any company would prioritise, let alone a mining company like MNH. Maintaining a cash reserve is key to get through this crisis.

Acker wouldnt you need to know the future revenue for the next 3 months after prem completes the asset purcase for 7%? A bit of a stupid question if you ask me. Then again I shouldnt feel surprised coming from you.

U need to consider that mnh owns the plant and equipment plus they are the mining operator. This gives them a significant advantage if the price of manganese dips and if it rises like we are seeing today. Future prices of manganese would have been negotiated for the next 3 months imo and I suspect it will be close to $5.

I know what the estimated profit is yes. If you're truly invested in the company that would be the first thing you would ask since prem got involved in mnh. Why dont u take the time to ask the company?

Spending all day on bulletin board for prem is not natural, seems like a job to me.

supposedly a trader but 100% of posts are about PREM lol

Id be interested to know which broker acker works for

The benefit of being an owner miner is MNH can turn the tap on to produce more when the manganese price is up. If the price dips, they can reduce output to minimise expense.

The cost of operation is low compared to other manganese miners due to the fact they own the equipment and machinery and the mining operation is done inhouse avoiding the expense needed to hire a mining contractor.

Anticipating MNH will double this in a few months when the covid19 restrictions eases within the supply chain.