Member Info for richie1132

AUO invest for the dividend returns as stated below and you do not achieve dividend returns if you have no shares ..

"We invest in a broad range of mineral resources across various stages of development, led by experienced executive committees and sound investment principles, that are forecast to achieve consistent annual dividend returns on near term projects and exponential returns on exploration assets.

Following these investment principles in association with strategic partners on the African continent, AUO has invested in 17 assets across a range of mineral resources and geographies.

Minerals such as copper, lithium, nickel, graphite, vanadium, titanium, uranium, iron, lead, zinc, manganese, and rare earth elements are critical to industries that are shaping our future – from upgrading infrastructure to expand cities to driving clean energy solutions.

We are excited to be part of the solution and look forward to continuously enabling sustainable value from Africa to the world"

Yes ok a bit of dilution but still only c282m shares on the market.

What other company that you know at this stage in their route to production could raise £500,000 by issuing only 13,333,334 shares ? wow there are so many companies who would be so grateful to be in the same position as MARU are.

We have a company who some of us are invested in that is very close to producing a revenue stream from 3/4 mines and who do not carry any debt. I think that deserves massive credit to the guy's who are running the company and their backers.

Well done all and keep up the good work.

gla

A lot of people will not move to another broker,

anyway with that late trade that went though we ended up level on for the day. :-)

I own NEO as well and I'm not worried about the suspension one bit .. gla

The sooner we get onto the main market and away from Aquis the better imo, my other half tried to buy MARU for her HSBC ISA and it did not support dealing on the Aquis Stock Exchange.

gla

Don't forget it's coming up to the end of the tax year and people sell holdings for all kinds of reasons.

gla

This time next year Rodders :-)

Lol it's good to have a laugh now and again.

Hoof I've said in the past that I'm relatively new to Marula and maybe I'm not anywhere as frustrated with Jason saying things are going to happen and then the "can kicking" as you keep alluding too.

Everything I've seen Jason and the team doing so far gives me confidence that they know what they are doing and the pay day for all the stakeholders / shareholders is within touching distance, I'm more than happy to cut the guy some slack when he's a week or so out on his time lines.. gla

I think you would be better off talking to Hoofet Jason,

she's probably more likely to have the gonads in their relationship than Hoof is ...

:-) gla

JB on X just posted

Ongoing meetings with the Takela Mining team.

Copper concentrate sales process ongoing with payments due on initial trial shipment and second commencing.

"Positive updates" means to me that it's going to be more than one update.

Could there be one for the delivery and payment of our first trial shipment ? we shall see gla

Well I'll give Jason his dues, He doesn't mess around when finding large companies to partner up with .. Nice one Jason.

https://www.scangl.com/news/scan-global-logistics-expands-into-tanzania-to-complete-its-access-to-east-africa/

Marula Mining PLC Logistics Contract Signed for Kilifi.

Another box ticked.

Well done Jason and team keep up the good work.

gla

I know your favourite pastime is to have a pop at Jason any chance you get but - to have a junior miner with potentially four mines producing product and close to receiving an income from them and have less than c500m shares on the market at the finish, do you know how rare that is? I cant think of another myself, but you probably have a list as long as your arm.

Anyway the copper price is taking off again this morning for some reason :-) gla

HTtps://uk.finance.yahoo.com/news/copper-uber-bull-predicts-record-180002937.html

A bit of lite reading while we await Copper sales news gla.

Https://x.com/JB_MiningAfrica

JB has posted on X

"Whilst this work continues on site at the Kilifi Manganese Processing Plant, the peer review of the budget and cashflow projections of the '5-year Baosteel Contract' operation continues.

To then be released once completed"

It's good to see not many people tempted to sell into the rise, I'm certainly keeping a tight hold of all of mine, it's got to go up significantly from here before I get tempted to top slice. gla

Thanks for posting the research note Andii - all looking good for 2025 to be a transformational year for Maru imo gla

A quote from Jason on X posted this morning.

"Current benchmark Manganese Ore Price (South Africa) of US$4.61/dmtu - so a saleable price of US$175/t of ore for what is proposed at the Kilifi Processing Plant.

Full project economics to be released shortly based on the signed 5-year Baosteel contract"

A bit of lite reading while we await news on our first copper trial shipment delivery. gla

hTtps://uk.finance.yahoo.com/news/tariff-risk-unleashes-record-copper-110000530.html

Just done a dummy sell on Barclays and they will take the lot .. someone is after Maru shares maybe Mr Hastings is still increasing his holding ... gla