Member Info for richie1132

Run Bunsen Run!

Oh he has :-)

I have not sold 1 share of Maru and I do not intend too either thankyou very much.

I can't talk for anyone else on here though everyone has their own agenda when buying shares some buy to gain 10% some like myself are LTH.

and when I say GLA I actually mean it ...

gla

I've just done a dummy sell for all my holding and they were giving me a price over the bid WoW

we are talking a lot of shares as well - nice to see - but they are not having them - I'm holding tight.

gla

Sorry forgot the likn :-)

hTtps://www.iea.org/news/global-energy-investment-set-to-rise-to-3-3-trillion-in-2025-amid-economic-uncertainty-and-energy-security-concerns

Global energy investment set to hit record $3.3 trillion in 2025, IEA says

"Battery storage investments are also climbing rapidly, surging above $65 billion this year"

Battery metals are in big demand - for instance just down the road from where I live in the UK they have submitted plans for a v large battery energy storage site. There will be many many more of these sites needed down the line imo

gla

It looks like a perfect storm is Brewing (forgive the pun) for Maru.

hTtps://www.reuters.com/sustainability/climate-energy/eu-picks-13-new-critical-material-projects-including-greenland-2025-06-04/

EU picks 13 new critical material projects, including in Greenland.

June 4

Would be a good time for news on debt funding to drop now. we could move rather quickly imo

gla

Bunsen wake up the SP is moving lol...

OK cheers - I've had my last top up this morning so I'm happy with my Maru holding.

I'll just sit back and wait for the news to arrive.

gla

Andii and that's all in the next 4 weeks?

As we only have c4 weeks before end of year results where JB did allude to a possible Dividend announcement in those results if he could convince the board that it would be a good idea and change a few caveats in the dividend policy .

I cant see it happening myself, but I await with abated breath.

gla

A bit of lite reading while we await news ( Marula is mentioned twice in the article ) I've cut the relevant paragraphs below .. gla

hTtps://discoveryalert.com.au/news/china-cutting-steel-production-2025-overcapacity-economic-factors/

"This strategic pivot would allow Baosteel to maintain revenue streams while complying with national production targets. The company's recent agreement with Marula Mining's Kenyan subsidiary for manganese ore supply indicates continued investment in securing high-quality raw materials despite production uncertainties"

"Changes in Manganese and Coking Coal Demand

Beyond iron ore, production cuts would reshape markets for other steelmaking inputs, including manganese ore and coking coal. Baosteel's recent manganese supply contract with Marula Mining's subsidiary Muchai Mining Kenya demonstrates the company's continuing focus on securing critical raw materials despite production uncertainties.

The agreement to purchase manganese ore from Marula's Kenyan operations indicates Baosteel's strategic approach to diversifying supply sources while maintaining access to high-quality inputs. This suggests the company anticipates continued demand for premium steel products requiring specific raw material specifications, even amid broader production reductions"

Jason mentioned production from the Larisoro mine might start deliveries of product again, do we think Fujax are still in the mix for deliveries to start again? Fujax are still part of the Blesberg JV as far as I can gather.

I mention it because after the Q&A session JB did the other week when referring to the Larisoro mine I was left with the impression that it may have been put on the back burner for now and so I was a bit surprised when he mentioned that it may be producing soon ish.

anyway just a thought gla

Andii thanks for posting the link and thanks to Kev W - all the Marula info you need in one place, fantastic work.

gla

So JB has confirmed in the new Video that only issuing AUO half the allotted shares for the £2,027,831.93 we owed to them under the agreement that we gained the £2,027,831.93 at a price of 7.5p per issued share and not 3.75p as was initially agreed. with NO cash element involved. awesome.

gla

Bunsenburner please give it a rest - we can all see that you are not going to get your 50% today. better luck tomorrow :-)

gla

I can't get a buy price atm the share must have gone into auction ... gla

So is it the case that only issuing AUO half the allotted shares for the £2,027,831.93 we owed them under the agreement that we gained the £2,027,831.93 at a price of 7.5p per issued share and not 3.75p?

gla

JB loading up big time on MARU shares - nice to see someone has confidence.

gla

Do we know at what price these new shares were issued at?

gla

It look as though the trolls have taken their 10% trading profit yesterday/today and it's back to the normal attacking JB scenario.

oh well it was nice and quiet for a while.

gla