Member Info for richie1132

I read an article about RRE last night and it seems as though they are having problems with the government regarding the export of the product (off the top of my head) maybe they are cutting their losses and selling it on.

or maybe it's just a normal site visit and a bit of fishing in the lake after.

gla

Looks like this processing site imo

https://www.nsenergybusiness.com/projects/gakara-rare-earth-project/

gla

This could be why Yellow cake SP rose today.

htTps://www.northernminer.com/news/sprott-to-buy-200m-of-uranium-for-special-fund/1003879647/

A bit of lite reading while we await news.

I see that the Yellow Cake SP is up over 7% today.

hTtps://www.thisismoney.co.uk/money/diyinvesting/article-14810089/Is-worth-investing-uranium-mining-stocks-countries-reembrace-nuclear-power.html

Ok maybe not just gold then lol

Burundi is a producer of columbium (niobium) and tantalum ore, tin ore, and tungsten ore, and some deposits of gold which are designated for export. Burundi has resources of copper, cobalt, nickel, feldspar, phosphate rock, quartzite, and rare reserves of uranium, and vanadium.

So it turns out that JB is in Burundi, I think this is the second visit he has had to Burundi lately, I've done a search on what Mineral resources Burundi produces and can only come up with Gold atm.

He did say on an interview the other week when asked about what he thinks is the best project in the Marula portfolio and his reply was "that he thinks the best project that marula has is not quite in the portfolio yet" so maybe that reply has got something to do with this trip. ?

anyway we should get to know soon hopefully.

gla

Well all we know this morning is that JB is on was on a plane going somewhere and his comment was

"Good morning

Start of a great week"

He seems to be very cryptic lately. as in not saying much :-)

gla

Like I said - we have 11 trading days to wait (and counting)

gla

JB has reiterated numerous times that the accounts will be on time this year.

we only have 11 trading days to wait (and counting)

gla

Buk I took pity on you when I replied to your last question.

I will not be replying to you again UNLESS you actually buy some shares.

oh ye and "GET A LIFE" !!

gla

Posted on X by JB 21st may.

"Arrived in South Africa as part of the finalisation of long-term copper concentrate and copper cathode offtake agreement for the Kinusi Mine.

Demand for copper and our high grade mine - surging"

gla

Hoof I hate to pull you up but I think you forgot the "copper offtake and copper cathode contract being finalised" just sayin.

Anyway I can see the mother of all RNS's being imminently imminent imo dyor.

gla

A bit of lite reading while we await news.

htTps://uk.finance.yahoo.com/news/eus-nuclear-energy-plans-require-064007941.html

Don't forget Andii that some trucks can haul two containers at a time ... :-)

Don't tell him Pike!!! dohhh

Only 15.5 Trading days till Final results.

Unless they are released early.

gla

I've had a quick look at the funding deal and it seems like it was a fair deal at the time it was arranged, and it was all voted on a an AGM and ratified.

I can't see what the problem is.

gla

Well hopefully we should get a few RNS's before the end of the month and then a Dividend announcement in the Finals report. that would be nice.

gla

HTtps://www.kenyanews.go.ke/multi-agency-team-seizes-three-containers-with-copper-ores/

scaffman I was using the above article when calculating the tonnage per container the 75t after rereading the article it must have been between the three containers 25t in each. but it's still a shed load of containers required to shift product to port.

gla

I would have thought that they would be transporting the containers to the port and have them quality checked and get the 90% payment for them before the ship arrives there's a hell of a lot of containers needed to fill the 15k - 25k contract imo.

I was thinking 75t in each container.

gla