Member Info for PaulFG

the last time MF was in SL we got a new exploration licence shortly thereafter....

yes I'm m very happy to see him there and performing well with a good interviewer. But why isn't the comms manager (James Leahy) doing more inhouse to support him?
I mean if we knew (perhaps through a tweet) that MF was in SL last week how much happier would we all have been?

https://www.youtube.com/watch?v=Gto5L0_kggc

Interesting to hear here that MF was in SL last week.

oh I'm proven wrong immediately - excellent: youtube interview: https://www.youtube.com/watch?v=Gto5L0_kggc

well yes the Proactive guys are all over the RNS but have just basically regurgitated the RNS itself - it's a shame MF didn't reach out to do even a quick 10 mins interview with their YouTube channel - people listen more than read. Still Proactive do retweet a lot and it eventually gets picked up.

yes I think basically we all have the same thematic questions for MF.

@Color all the tweet says is 'shortly' for you and me that's like tomorrow morning (LOL), for MF I'm guessing that's within the next month (?) lol

LW, good idea - these are the highlights I've already submitted to David:
> trigger points for payments to former PALM shareholders: when and how does MF intend to finance them
> IML - where exactly are we in this process, has CMET submitted all the requirements, can it stay with GSMB for approval or does it require anything extra from government? Any realistic timeline?
> OFFTAKE - given we have development costs now in DFS which MF hinted was necessary for offtake - and given everyone wants to sign an offtake with him - then when? even an MOU?
> Proportion of MFs time spent on CMET as opposed to his other Board commitments in other companies - i.e. how much is he part-time vs fulltime on CMET
> SL country risk - how is he addressing in country risks now and what are his mitigating actions? How is it impacting the project now?
> Any revised realistic project timelines?
> When is MF or someone else in CMET going to start to proactively spread the Eastern Project message in the market? He recognised this is lacking but what are they doing about it?

This were my main concerns others my have different ones but this is what I covered.

I am not as concerned with Financing going forward but others may be especially in connection with the state of SL.

They have been clearly reading comments and concerns on this Board - so I'm glad to see this response. I don't mind questions being sent in advance as this allows for a proper informed considered response. If this is isn't the case then they should not proceed with this interview as it'll do more harm than good.

I'm certain it'll be raised but you can also email him to ask it.

https://twitter.com/TMSreach/status/1524748439883374594
With todays news out from
@MetalsCapital
we will be interviewing #CMET CEO Michael Frayne shortly…

…if we can have any views/comments/questions you would like put to Michael please DM or e-mail davidburton.tms@gmail.com and we will endeavour to answer as many as possible.

just seen tweet from TMS: https://twitter.com/TMSreach/status/1524748439883374594

going to interview MF and asking for your questions

LW I totally agree with you - these are the opportunities to go full-on PR mode and you see it with so many proactive CEOs in the market - look at the guy who's CEO at SVML - crikey has he got his point across or what on their mineral sands project - they are 4 years from production (earliest) but have a mcap of £139m (okay yes the proven resource is rutile and huge, but you get the point)

media interviews: with whom?

Unless MF pays for the TMS crowd to do one - but they seem to have dropped him after Feb (could be very wrong there), the only other crowd he's engaged with is The Sunday Roast and they've done him (though they may mention this RNS on Sunday as they usually go through a list of meaningful RNS's over the last week).

SO he'd have to reach out to other media providers to do something (Proactive/Stockbox etc.) and I'm sorry I just think MF is soooooo completely lazy around media he won't be bothered.

Hi color
Yes my gut feel was that the DFS was delayed because of the payment points it triggers so I too think that perhaps things were being aligned to accommodate these.

Yes I think MF has said as much.

LW, agree. It's just there isn't a government right now in SL to accept or reject it!
The best case scenario here is for the President to go and a new unity government to ascend with a sweeping reforms agenda.

A little disappointed there was no more detail on current situation or next steps comment from MF on IML or Offtake but still this is an excellent report. Surprised not to read anything from IHC on political situation risk, not even a footnote.

But with 20% contingency, based on product prices well below current spot, only 10% of tenement explored, looking to expand resource in H2 2022 the increased potential of this is exponential. It has reminded why I invested. Also good to see they quantified work at Port $2m.

I would hope this enables an Offtake and IML grant PDQ.

Reading through the DFS they have been very conservative on everything, it's like worst case scenario economics and it's still incredibly profitable.

This is good news coming from the SL President if he can be trusted to deliver on it and the people are willing to trust him to surrender his powers as normality returns.

https://apnews.com/article/india-violence-sri-lanka-arson-5e537a6dbcacefa4f6703dece810dfe3

such a great little company, not put a foot wrong, consistently delivers really excellent drilling results and yet....