Member Info for Potential2Rise

Bunsen burner

Thanks for that Friday heads up.... Looking good

The company has successfully transitioned from a care-and-maintenance exploration setup into an active producer, moving through distinct phases over the recent periods:

​Production Ramp-Up: Following the successful commissioning of their Phase 1 processing plant—which uniquely integrated an automated optical sorter to maximize security and eliminate manual hand-sorting—the mine moved to Phase 2 open-pit mining at Cobra.

​Processing Upgrades: They implemented targeted processing upgrades (including specialized double-deck vibrating screens) that successfully boosted daily processing throughput by approximately 45%, moving towards a consistent 100 \text{ tonnes} of ore per day.

​Trial Auctions: Partnering with the specialist diamond and gemstone sales channel Bonas Group, the company initiated commercial trial auctions. These sales established an foundational baseline for their lower and commercial-grade rough emerald runs (initially modeling around 5.00 \text{ per carat} for baseline economics), while higher facet-grade gems hold potential to fetch drastically higher premiums.

Bffm

Thanks for that information, that's another string to the bow as they say

Bunsen burner

Thanks for the heads up

I see Rick123 is here, good stuff

Gave Rick123 BHL a while ago

1p lithium play went to 3.5p

Found this GEMR for next week

$580m to $1.3 billion worth of gem stone

The upper-end exploration target (344 million carats) is realized at the same average price, the gross potential exceeds $1.7 billion.

Mcap £2m GEMR.......

Ramping up production...... That's massive!!

The "confidential work" the Chairman mentioned to the high-grade inventory they are currently building.

​Production Ramp-up: Now that the plant is commissioned, they are moving from processing old tailings to mining fresh, higher-grade emerald ore.

They also have 9 btc worth $720k

All adds up

The upper-end exploration target (344 million carats) is realized at the same average price, the gross potential exceeds $1.7 billion.

Someone will want to take this to the next level.......

For Gem Resources PLC (formerly URA Holdings), the Gravelotte Emerald Mine holds the following in-situ resources:

​Mineral Resources (In-Situ)

​Total Measured & Inferred Resources: Approximately 29 million carats of contained emeralds (from 1.9 million tonnes of ore).

​Exploration Targets: Additional potential of 164 million to 344 million carats across other license areas (Cobra and Discovery deposits).

This could be a takeover target......

Strategic "Confidential" Projects

​The phrase "much of this work remains confidential" usually refers to one of three things in the mining sector:

​M&A Activity: They may be looking at acquiring new assets or being a target themselves, though Gemfields has lately focused on organic growth.

Real spread much tight

Can the Hong Kong director who holds 50% get this moving again

Need positive news and this could do multi bagger

$500m to $1.3b in situ...... Massive for a Tiny Mcap company £2m.......lets say £40m potential

Real spread my much tight

Can the Hong Kong director who holds 50% get this moving again

Need positive news and this could do multi bagger

$500m to $1.3b in situ...... Massive for a Tiny Mcap company £2m.......lets say £40m potential

Noticed the

New director from Hong Kong holds 50%

This could be huge turnaround story

Most Small cap starts with huge spread...... Then on news gets squeeze up

Huge statement from the chair...... Saw on X poster

"While much of this work remains confidential at this stage, I am encouraged by the progress made and the opportunities under review."

Chair, #Gemr

https://x.com/i/status/2049740529928184286

Had CDL started drilling?

Or what else news is expected

Could be huge.....

Also

Seen this on GEMR.... New director from Hong Kong holds 50%

IN SITU $600m to $1.3B

This could be huge turnaround story

Tiny Mcap

Wow..... Huge statement from the chair...... Saw on X poster

"While much of this work remains confidential at this stage, I am encouraged by the progress made and the opportunities under review."

Chair, #Gemr

https://x.com/i/status/2049740529928184286

New director from Hong Kong holds 50%

This could be huge turnaround story

Tiny Mcap

Wow...... This could be a true gem

Moderate Estimate (Balanced Mix)

​If the mine produces a healthy mix of commercial and higher-quality "facet-grade" stones (typical for the Gravelotte area's history):

​Weighted Average Price: $15.00 to $25.00 per carat.

​Calculation: 29,000,000 carats \times 20.00/ct = $580million

What's the reason to buy, no asset

Market makers setting the trap as they woken up to this useless Appointment

This USA person, would not make a difference in the Indian law MPL are up against.

Spread will keep widening..... Seen this on PACS last week