Member Info for Otago

Logically once shareholder loan sorted the new base will become 10p. I added at 6.8 on Thursday. Could have bought cheaper on Friday as it turns out but won’t be complaining come jda.

No reason for jda to be delayed once sign off on letter of comfort. Likely to catch a few out I suspect. Pretty sure the 3 month reference comes from the nomad.

We are due a big RNS or two. My money on this week.

A couple of points for me. Workshop was specifically referred to as early August. I believe that has happened and in principle tariff is agreed. I doubt H would have been willing to do podcast if he wasn't confident about what was referred to in recent RNS. I wasn't expecting a podcast for the loan and so he could have avoided. Says to me confident. H referred to partners not potential partners. Interestingly he didn't say equity of at least 60% this time which he has said previously. In podcast he said 60%. If workshop has happened perhaps H let slip what has gone into the draft jda, just maybe..

Sprott know their onions. Follow the money. Dilution already offset by rise in mod sp overnight.

So we await the ‘in principle’ agreement to the tariff which can be confirmed during the Workshop. Once that is received the jda can be signed. I suspect market will be caught on the hop if jda news lands in the near term. Just imagine people expecting tariff news and rns lands confirming jda. Tariff negotiations may or may not be finalised during August but Making incorrect assumptions can cost dearly in this game. I’ll be checking for an rns next week.

Hard to say but the impact of the low free float shouldn’t be underestimated. Hanno has previously referred to interviews with global news agencies like cnbc. This deal won’t be just a city am splash but story well beyond the usual muck on aim. Interesting to see how it will play out but I suspect 20p could be cheap in due course..

GE retweeting refs to nccl and nccl repaying with refs to GE. We know that is not coincidence as we enter end of July. Can’t believe sub 10p still.

@RTF83 @VoxPodcast @Ncondezi_Energy Framework for previous arrangement was based on $25m paid to #NCCL on JDA and $35m at FC so working along those lines dependent on revised T&C with GE they could be in for a bumper payday on JDA that’s still targeted for end of July...

Given the combined revenue of GE/cmec probably dwarfs the gdp of Mozambique, I can't see the usual shenanigans being in play here. Jda due in a month so we will see soon enough.

That'll be my wee top up

There is useful info in there somewhere but it seems to be lost in a fog of negativity.

I agree with you there are bags. Whether it's ten, time will tell. We find out soon.

IMO looking at npv of $1bn and Nccl will keep 15-20%. That is a ten bagger.

All about the economics. Sunshine mining lowers the cost and pays for the underground. The tech identifies the high grade deposits which are near surface.

MM spelling it out in that interview. Basically if MOD hit copper with the drill off the back of the airborne survey it means they have unlocked how to lexplore the whole acreage. This is why MTR have secured more land in the area via KML. They are confident it will work. Why wouldn't they be as they have used the t3 discovery as a template.

The long awaited step change has finally arrived I think.

Was rumoured to be target of a failed RTO last year. Seems they have needed cash for drilling for some time. The timing is therefore intriguing coinciding as it does with the recent work by MOD. Presumably this was the reason for the ceo shooting off to Botswana recently. There seems to be a sudden rush to secure prospective land. Easy to understand why if the news that will go public suddenly has everyone crawling all over the kalahari for nearology' plays. That land could quickly become worth multiplies more or less over night.

Waiting for no.2 which I expect this week. Going to be huge and still single figure SP.

One for options and one for FM sign off. My thoughts are double figure sp by Friday.