Member Info for Pacman72

Sorry, wouldn’t be far wrong.

You would be far wrong.

And to put into perspective for the same value in gallium you would need 150 tonnes approx.

Ha that’s why I’m not pinning my hat on it.

Previously Cedric has stated that he would like to have a 50kta capacity operation so I think he probably thinks we are nearer the 2-4Mt mark.

The first time I played around with AI and MRE guesses it came in at 4Mt so it’s by no means reliable and defo not pinning my hat on anything it tells me but it’s fun to try and have a stab at it.

Assumptions were an Ore density of 3. Fluorspar ore is typically 2.9-3.2.

An average mineralized thickness of 20m and 40% of the anomaly footprint which is 1.6km2. We’ve drilled 40% of the total anomoly footprint which is 4km2.

What are people’s guesses re the MRE.

I’ve been playing around with various AI programs and plugging in what we know already together with some low case assumptions and came out with a contained CaF2 resource of 28Mt. That seems high to me but I’m sticking with it. Anything plus or minus 10Mt of that figure and I’ll be happy.

Cedric did say in recent interviews that MRE will be Q1

Anyways it’s all about the MRE now.

Nobody can put an accurate value on anything until then. When we get the MRE we should slowly start moving towards true value.

Maybe there should have been a bit of pr on the back of yesterday assay results. Stockbox or TMS interview. Cedric maybe thinks he’ll wait for MR to do the rounds.

Hopefully see a steady rise into MRE which should imo be next week.

That’ll be the big one that will unlock everything

Cedric said end of q1 for MRE. Said it was a very simple process and ass the assay results come in they are plugged into the program and when all the data is in hey presto MRE. I suspect by Wednesday next week.

Everybody who’s invested can rest a bit easier now. You could sense a bit of nervousness creeping in over last week. Doesn’t matter where the sp ends up today or this week. I’m a year this company will be unrecognisable and we have genuine opportunity to be in at the ground floor and multibag here in my opinion.

Next big hurdle is MRE, then metallurgy and how re capex costs will be funded. But we are headed in the right direction and she will pop soon enough.

Bit of PR now Cedric especially in America.

An MRE is one of the biggest potential re-rating events for a mining company. We’ve had the assays and we know the quality but sill don’t know quantity although we can have a guess that it’s good and also open to be much bigger.

MRE hopefully by end of March so only a few days. The Gallium MRE will be very interesting. We are likely to have a globally significant Gallium resource that must be catching the eye of various investors.

The metallurgy here will be the catalyst. If we can recover it efficiently from the tailings then it is defo hold on to your hat time.

These Gallium results are going to make people sit up and take notice. This is a geological phenomenon

Short answer: Yes — 63 g/t gallium is extremely high compared to typical natural gallium grades. Most gallium in the Earth’s crust occurs only in trace amounts, usually around 0.005% (50 ppm ≈ 0.05 g/t) in aluminum or zinc ores, so 63 g/t is orders of magnitude richer than normal background levels.

It is noteworthy that the 2025 drilling campaign covered only about 40% surface area of soil gallium and fluorspar anomalies. The remaining 60% has not been drilled yet, leaving significant scope for new mineralized zones identification and definition through additional drilling.

Boom. Gallium baby

There will be a lot of investors underwater here now and some by a lot. Don’t think many saw this falling back this much. I didn’t. Expected a slight pullback while waiting for the assay results / MRE. I also didn’t understand the thought process behind releasing 10% of assays then going radio silent. Everyone expected regular updates after the 1st 10% and when that didn’t happen it caused doubt. Wrong move in my opinion. Start as you mean to go on and release results in batches or don’t release anything and wait until you have all results then release em.

Know we can only hope that the results / MRE are worth waiting for. GLA

It’s all about the MRE this week, or at the latest very early next week.

Once we get the MRE the big unknown is out of the way. Everything will start to fall into place then. Offtake agreements, investment decisions etc etc.

There is talk about Gallium shortages everywhere you look. USA 100% dependent on imports. Usage growing exponentially.

Cannot see a scenario where USA won’t want to guarantee first dibs on ours. If the MRE is decent, and the metallurgy works there must be various entities who will be falling over themselves to invest.