Member Info for Psyclops

And the clowns are releasing the RNS's all tonight after close of play...

So, I sent them an email (info@tethys...) at 9.05 this morning GMT and they never responded yet it sounds like this is how they found out... If all those RNS's drop on Monday it could be interesting, I don't look in on this board very often and if I hadn't this morning I would never have known their accounts had been released in KZ. I'm sure there's a lot of people who missed this...

Has the company given any reason why none of the last 3 news pieces have been released via RNS in the UK?

So, if I'm reading the trail of devastation correctly, the last major piece to allow recovery is the releasing of the bank accounts and assets currently frozen by the KZ judiciary?

Arbitration result was released on Christmas Eve. Just sayin...

Delay in UTM deal is due to Russian sanctions. The proceeds were earmarked to pay down Redkite and the Loan Note holders with the balance being used on capex on the Crushing/Agglomeration/Stacking circuit and was expected earlier in the year, clearly without the capex available they are limited to the same kit as last year.

I wouldn't get too excited about pad 7 yet. Maybe the intention is to start it this year but the true focus must be pads 4, 5 & 6. Getting all 3 fully stacked and saturated before the onset of winter is the priority - this will contain approx 11KT of Cu of which they would expect to recover 7KT over the lifetime and will continue to provide PLS over winter and facilitate steady levels of production through the dark days of Jan-Mar 2015. For me, the achievement of this will be a game changer and allow some level of capacity production (7KT) next year and start the true growth cycle into full blown production and exploitation of the Sulphide resource which is 90% of the whole deposit.

Hahaha, are you blueball in disguise??? Hahahahaha.... keep hating twat

This passage should reassure investors about the London Listing: This development satisfies the demands of the regulatory requirements of the National Bank of Kazakhstan ("NBK") Rules 2012, whereby all Kazakhstan registered businesses, or any business which has more than two thirds of its assets in Kazakhstan, and at the same time holds a foreign listing, must also maintain a listing on KASE. Why would they bother with this and the associated fees if they didn't intend to maintain the AIM listing.

Cash costs of $3625pT with such poor yield points to a very low cost when they do get it right. They still spent the same amount of money to mine, heap, leach and process the pad but got a fraction of the recovery they should have. This is the only real news in the RNS, anything else is conjecture. Waiting for the finance update and pre close update in Dec now as the next catalysts.

And yet you still reply... I have no need of rehabilitation, I'm not the one screaming buy to myself 10 times a day. I suspect the head might be a little starved of oxygen and going blue - perhaps like the ball? I'll leave you to your one man rant to yourself and get back to my day job, presumably you still have about another 90 minutes to prep the drive through for the lunch rush...

Haha, this takes the biscuit, the spread is identical to yesterday's close so NO RISE yet. No MM has even moved on L2 although I suspect it may come soon.

You really are a clown... The Interims are due on Monday and only require production up to 30th June. Post period production will still be low as Pad 3 was the experimental pad used by Adam Morony to ascertain ideal scenarios. Pads 1 & 2 are being re-mined to implement the improvements and recover the copper. Pad 4 will be stacked prior to the freeze and will produce PLS until exhausted and then the plant will shut down. At 6m though, that is about 500KT of ore with c2750T of copper contained - the recovery rate from this will be the pointer to success of Adams enhancements.

Hi Melba, No production costs have been confirmed. I had a good chat with them recently and am reasonably confident they have cracked the production process and may even have an upside on the recoveries but until they confirm the finance is in place it's a moot point.

Son, you make me laugh, I've forgotten more about FML than you know... You should head back to the drive through check-out though, must be getting busy at your day job with lunch coming up.

BTW son, if you are actually there and not just another avatar of one of the clowns, I will be the one talking to Yerlan and Marzhan and possibly Yerlan Aliyev if he gets here.

The prosecution rests... most definitely last years trash with that diatribe...

You clearly haven't been following FML long or understand much of what they do and obviously don't have all your facts... In 2011 Erlan Sagadiev stood in front of a packed room and promised a full update to go out within days - it never happened, last year he told the room he exaggerated the production targets in order to secure funding and shock horror, we are now 1p due to continually broken targets. Clearly you haven't been to Benkala, if you had, you would understand why the head office is in Almaty and not there - it is a former Nuclear Test ground and dropped last year to -50C during winter. There has been a change in management and that is bedding in, Adam Morony has been on site now for most of summer and I suspect we will hear the outcome of his efforts on Thursday. Any proposal a PI puts forward for consideration at the AGM (such as a new Nomad) will likely be dismissed as management own 75% of the shares and can pretty much approve whatever they want. I could go on but clearly you are either a reincarnation of last years trash or you have bought recently and desperate for a rise - welcome to FML - it can confound...

No they don't, in fact, they have a habit of promising updates afterwards and never following up.

Where did you come from? Looks like you have an awful lot of time on your hands which combined with a shortage of insight could be dangerous. Where did you get the figure of £1.9Bn for a value from? That is wildly optimistic and would value us at 100p per share! From where we are now, there is significant upside in the short term but likely only to 5 or 6p (the previous stable range) until real strides have been made in consistent production and expansion.