Member Info for Pacman72

You look at the numbers involved

In that deal and it just makes the mind boggle where we could end up.

They are talking about yearly output of 6400 tonnes of MREO and our scoping study is working with a projected yearly output of 15000 tonnes of MREC. Oxide is more refined and carries a roughly 20-30% premium, which even when taken into account makes our planned operation bigger.

We also potentially have the HREE and Gallium and Fluorspar.

And you can get in for a paltry market cap of £18mill.

Why Lofdal matters for comparing with Altona

When Altona reported that its new HREE results were “of the same order of magnitude as Lofdal,” this was a big statement because:

Lofdal is the gold standard for HREE projects outside China

It is one of the few projects with proven metallurgy for HREE extraction

It has government‑backed strategic funding

It is Dy/Tb-rich, the exact metals the world is short of

If Altona’s Python target ultimately shows similar HREE grades and recoverability, it would place Monte Muambe in a very elite category.

The 3x 1mill trades that have just printed look like buys though.

I think it’s rollovers.

3025 getting a bit ahead of myself. 2025

We’ve had the results of the assays from the 3025 drilling campaign Comek.

We are waiting on the MRE now which as you rightly say will drop any day.

Yes the statement at the end is very encouraging. Basically there will be more support from the US Govt.

If they are genuine trades that’s serious position taking.

Billions of dollars of rare and critical minerals in the ground.

As we get closer to getting em out the gap between our current mcap (£17mill) and true value will close.

Was an easy 10 bag at 1p. Bit more difficult from this level and will take longer but still doable if we don’t get bought out.

Next stop MRE.

Continuous good news. Slowly but surely starting to get noticed now and it’s only just beginning.

Another million gone.

Check out the values of the REE in the ground at Monte Muambe. Conservative recoverable estimates are about $3 -$4.5 billion dollars worth.

I have one word patience.

The REE ‘s are the main course at Monte Muambe. The Fluorspar and Gallium is the starter, the key if you like to unlocking billions of dollars of recoverable NdPr Rare Earths. We get near term revenue from Fluorspar and Gallium and the economics of getting the Rare Earths which would otherwise require a lot of cash becomes very appealing.

Guess he hasn’t seen the trading in REE over the past few months. Must be some sort of market to go from 1p to 4p(although back to 3p).

Cedric has not been shy when it comes to PR. Probably been on stockbox more than any other CEO and various other platforms.

However you can do all the PR you want but it’s the results that do the talking.

Think we are on the right track.

Brokers will soon catch on if results continue to be good and they think they can make a few bob.

Just check out the latest RNS. It gives full details.

Those 19m will be gone by end of April.

Yes, assay results probably took longer than expected.

Nicely set up here now.

"I am pleased to report that we have made significant progress towards tidying up our capital structure, as all the 1p Warrants have now been exercised, and the number of remaining 1.5p Warrants and 2p Warrants has been substantially reduced. I am grateful for the continued support of our existing shareholders as we execute our strategy and further strengthen our capital base in preparation for the expected growth and development in the coming period."

We have a much clearer picture of things now. Plenty of cash for current ops mainly and knowing exactly how many warrants left is good. MRE in April should manage to get rid of a good number more.

It’s a bit out on the Gallium Price. Currently sitting at $2269 per kg.