Member Info for NotAmused

Hi Oldie, I have 800k ,take a look at BRES . I've loaded up whilst all the warrants are being sold. I think it's a bargain. DYOR.

Sales $238k a month increasing to $550k a month including diamonds after investment upgrade , so £5m a year in total sales and then only 70% to Kzg ,hms @$45 .

Any ideas on what is involved or how long a proclamation by parliament take ?

Electriclion Why is the mine nearing the end of its life? Runruno 850k resource. 400k mined, leaves 450k @ 80k pa AISC £1167 ish , $112m PA -, $600m over 4-5 years , plus further resource potential if I’m not mistaken!

Please correct if I’ve miscalculated.

I’ve topped up based on the economics although I’m not impressed with progress or communications from CMET , Sheffield struggling to find buyers for its zircon and various protests in SL against mineral sands mining.

Warm welcome to Stuart Forrester .

How much money do we have in the coffers?

how much will it cost to drill the resource properly and then a Bankable feasibility study ?

So 2 take aways .

1 will be needing more holes drilled to map out the resource more accurately.

2 which will delay on producing illuminate and zircon for the market keeping prices buoyant While Sheffield can build up sales and a customer base for future sales .

I managed to watch Sheffield’s last qtr presentation ,

In relation to Capital metals I guess with the oversite and too few holes drilled they’re the tonnage excavated versus the actual recoveries is the reason for their falling share price , Also the sale price reflects a flat m

The deals just waiting for documents to be agreed and signed will take into June . All good for me and a cheeky top up

"In the final stage of tying down finance to be able to get through to the next phase to the financial final investment decision" .

It's a shame the LB deal didn't happen we would have had $10m for 50% and a $81m investment for the full mining program . Since then we have added 10% more shares for Sheffield , He's deliberately playing loose with what he is saying a second media presentation in 2 days, this drill program and feasibility study is needed by Sheffield so they can raise the capital to go into production, Expect Sheffield to invest the further £844k at 4.891 which will give them 65%. I hope we don't need to dilute any further . Slippery as she goes . Typical Aim company .

Also says sheffield can't make a financial Investment decision until they have a PFS and that will be q1 next year . What a shipwreck of an interview.

The interview raises more questions , Lots of sells going through .

He says the exclusivity period with Sheffield ended yesterday which would date this interview to the 16th May .

Thanks Nick a bit of clarity is much appreciated , shame I have to hear it 3rd hand.

When HA said I don’t know why everyone keeps asking about the 2nd bank sign off as though it was critical. I’m thinking hang on , all the preceding RNSs expectation of the 2nd bank conditional, preconditional, preconditions of bank board approval blah we’re in his issued RNSs .

Most boring depressing video I’ve seen since the one in Cape Town. Each time the company releases anything I realise my expectations from the previous release were delusional.

I guess an off take agreement would support raising finance for the project.

The fluff of RNS releases make me nervous . Each time the dog has blown smoke up share holders a###s has been for a placing, he’s got lots of form in painting a promising near event to plump the share price only to dash hopes. I’m watching all those shares being sold every day .

About £250k of shares have been sold already today. You may be prudent to suspect ones already been agreed . History proves you can’t believe a word he says!

Tigray wars ? How about the overall of Ethiopian capital controls and the small print issues and every other issue relating to finance . This mine had no chance of being built over the last 5 years and AH knew it , You ought to ask what could be the next reason/s to delay TK sign off or where’s the DFS for JQ ?

You obviously haven’t been here for the last 5 years if you think investors have no ground to be negative and if they had the gift of hindsight not one would be here now . I’m averaging around .90 and thoroughly depressed with this company. Where’s the JQ DFS that was to be expedited oct 22 RNS .

Your comment is relevant to your agenda