Member Info for ontarget

I want to see planning permissions received for all the required drill pads, rigs arrived or at least booked in, and the plan for PFS as indicated would be forthcoming in the Investormeet presentation. Anything else is just a nice to have.

TUN market cap is more like £560m taking into account the 'B shares' remaining to be converted.

Overhyped has been banging on about the 'Lassonde curve' and trying to dampen expectations since December last year if you check his posting history, in which time the shareprice has risen about 400%. Perhaps he should review his approach?

It runs from 6-8 so might get some reports after that if anyone on here went

Well given we have had zero RNSs in April it hasn't done too badly (up 55% currently), so may the "pootling" continue!

17/3 RNS

"

· A planning permission application is expected to be submitted in early April, covering additional drill pads and for the expansion of drilling operations, subject to approval.

· CRL has a positive track record in securing permissions for drilling operations and works closely with local stakeholders and the planning authority to ensure the route to planning approval and the effectiveness of the drilling operations.

"

These permissions are for additional drill pads for the infill drilling programme, which will involve multiple rigs and pads.

All depends on the company. If they want it to go off with a bang rather than a whimper I suspect some PR is a must. Ed has already done an interview in Canada so I doubt this will be a problem for him.

Easiest way is through Investormeet, if you can't get it from Research Tree.

1. Warrants were issued to the broker only, no warrants were issued to the investors

2. £50k/annum fee is for Oak Securities services as a broker to the company - they are now a joint broker as you can see at the bottom of the RNS

We've already had a PEA (same as a Scoping Study).

No they will likely use long-hole stoping on retreat and back-fill with paste - they literally said this in the webinar and it's detailed in the economic assessment and the Zeus note.

Not worth it to rush a bad solution for a few years production - what happens for the other 10-20?

It would probably cost significantly more to transport the ore + inefficiencies than the cost to build everything required at Redmoor (especially given the relatively low costs in the economic study). Anyway apparently all these options will be analysed/considered in the PFS.

Completely different mines and processing needs.

I'm no IFA or accountant but afaik the tax benefit of pensions is on the way in and you pay income tax on income/withdrawals from the pension, which you don't with an ISA (plus the fact you can withdraw your money at any point). So personally I would leave any money already in ISAs where it is.

He has 4M granted earlier in the year but that doesn't seem enough to me so suspect he'll get more, maybe after some successful exploration results.

All-time closing high was 13.875p in August 2011, but granted you do have to go a long way back on the chart to see it.

Spread was 5.8-6.0 at that time so looks like a purchase.

In general I can't see many 2p warrant holders being in any rush to exercise with 3 years to expiry. If any need some quick cash I think they would be more likely to sell the placing stock and hold onto the warrants.

For anyone else curious about the "Resolution Minerals($RML) has 2000 tonnes of tungsten ready to go!!!!" comment on that video I looked into this and they have a stockpile containing 2000 tonnes of material which is estimated to contain 37 tonnes of tungsten, so a bit of a misleading comment!