Member Info for pj70

909 the slow assay results are not just with Blencowe but with several other african miners as well. Even in Australia currently which has been a mining continent for decades is currently struggling with getting quick turnaround on assay results. I would just suggest that we are now delayed by a quarter it seems which is not the end of the world.

The positive side of it is that La India is delivering and on track and will be a cracking jurisdiction churning out alot of gold come Q1 next year so 2027 is looking a positive year and go forward.

Runo looks like it is running out of ore quicker than they anticipated and begs the question will the run rate of ore and cash generation be enough to get La India to production as it is reliant on Runo cashflow - more funding or equity?

And Browns that was the indication that Mike gave that funding for P1and P2 may come together. He mentioned it in one of the recent videos and it was the first time it had been alluded too so many people picked up on the remark

Sell off is due to deadline looming and bombs potentially starts happening again! back at square one

I think the CEO did not factor in the length of time it is taking to get assay results from laboratories as aware of a couple other african based explorers in the same boat with delays to results that impact getting MRE.

Possibly the silence is that and possibly it is just due to needing beehive JORC and the delays on that are outside of there control.

Even thought China dominate grpahite demand there is still a shortfall in supply in the next 2-3 years.

I presume the activities report will be out this week or early next?

Herminator i called it a day on jadestone as not sold on the mgmt but i do believe Vietnam could be the company maker. In saying that i just have not been impressed with the new CEO and the supposed turn around story. The mgmt team have certainly delivered on awarding themselves alot of shares but the results do not yet speak for themselves. I do say though that the broker forecasts i have seen on Jadestone are a multiple on current price.

What is the conversion from the US current price of 20.18 to the UK price? Is there an easy way to calculate the equivalent pricing

Computer909 not sure why you are expecting everything to come at once. We are not far away now from maiden resource for beehive which will be added to the overall JORC and move the 15year mine life to more than likely 30 years as i am expecting based on the calcs i have done with metreage being used at beehive for samples we will be combined circa 80mt at around 6% graphite . That will be the next lot of news i am hoping on.

Then hopefully we get some more definitive news on financing and you will see that leaky leaky in the SP i would suggest a few days before any announcement as i hate to say it is generally the case with successful funding.

All just my opinion and will re-assess come end of June if certain milestones are not hit and whether they are delays with third parties or we have been strung along. The mgtm have quite a bit of skin in the game so in there interest to get the funding over the line.

Agree Sakura - this board does not allow for anything that is perceived as negative.

When you read the reuters article on this there are alot of reasons to be concerned as to future implications for MTL with the current trump regime who have now named the leaders of Nicaragua and the "presumed" stealing of US assets - all the usual PRE PR bid before something may or may not happen for regime change. We have seen the same play book with this current administration several times!

Thanks for all the feedback to those that went - was there any indication of likely future annual ozs output in the next 1,2,3 years?

I have 6.16usd a lb at the moment so when it was last at this level we were£10

TT my understanding is that the only diesel used at the Telfer mine was for the trucks?

For 2-3 hour haulage wavecrest not 24 hours of travel.

Thanks merchantbanker and Fortuna for the information provided - appreciated

Mark i do hold and a substantial amount for me over the last 2-3 months i started buying. I bought because i like the fact that the mgmt have been there since the beginning, the product they have in graphite regardless of trump and DFC is required and the jurisdiction as far as africa goes is ok as uganda has benefited alot from Kenya renaissance.

I am just concerned about the logistics of which i have some knowledge of from Australian mining industry.

Thanks Browns for this. I think the Gulu rail option ultimately will have to be used as trucking 170kt from mine site to port is just not viable on 56t roads. It is not 400t road trains like oz.

I agree with you fortuna that the 8 trucks @50t will get the desired 20 mt to mombasa in a year or do they use the train and do a 3 hour truck ride to Gulu which than allows the rail option. Just be interesting to know as the second option would make more sense when getting to phase 2 and 70kt.