Member Info for saintpeter7

Looks as if the real spread has shrunk and buy trades are showing as sells. MMS short of shares.

Lovely holding Blue.

I added further today . Now 1,185,005. Have some catching up to do :)

Added further this morning. Total now 1,107,872.

Expect to add more.

Turnpan - your post did make me laugh. Is that the best for the only post that you have made in the last 30 days?!

Rainbow was granted a mining licence in March 2015, which is valid for 25 years and renewable thereafter. Rainbow has a 90% interest in the Gakara Project with a non-dilutable 10% owned by the Burundi State. The mining permit covers a large area of over 39km².

Various mining methods have been trialled by Rainbow as the team sought to evaluate the optimal mining method for a commercial-scale mine. The mineralised veins at Gakara have a high in-situ resource grade but are narrow and non-uniform in nature. Selective mechanical mining of ore delivers a grade of approximately 10% rare earth oxides, amongst the highest rare earth run-of-mine grades in the world. Rainbow put in place a pilot processing plant which produced a mixed rare earth concentrate of typically 54% total rare earth oxides. These high grades demonstrate the potential for the trial mining project to be cash generative once operations have been optimised and subject to global rare earth pricing.

In June 2021, operations at Gakara were suspended at the request of the Government of Burundi, with the majority of staff placed on suspension and short-term cash requirements minimised. In 2025, the project remained on care and maintenance at the request of the Government of Burundi.

Maybe this resource?

Added another £6,150 at 4.277. Buys showing as sells.

Compare and contrast with other helium companies, and it is a no brainer to add at this price.

GL all.

Great to see more news from Shuka. Good to see that Rich Lloyd has stepped up to the mark now in letting shareholders know what is happening. I would still like to have an update on what is happening with Rukwa so that we can gauge what drain on finances that is giving rise to if at all.

With Quinton van der Burgh no longer involved personally with the company, I wonder what will happen to AUO's shareholding. I can't see it being dumped on the market. Far more likely that some other entity will become the owner of AUO, in which case having acquired it, they are likely to want to support the company. We shall see. You never now; that might be where further funding will originate. Pure speculation on my part.

Please do buy more BB

Great to see drilling commence. Shareholders have had to be so patient over the last 3 years or more.

Currently owning 3.85% my family and, it’s been a long wait.

Glad to see CEO Rich Lloyd taking a more active role in publicising the company’s activity. Long may that continue as it is so important to let shareholders and potential investors know what is happening.

Mcap still under £3m! Such potential for those prepared to to buy and hold.

Objective for 2026 exploration programme to achieve a 50% increase to existing resource of 6.8Mt at 13.3% #Zinc & 3.3% #Lead with an estimated in-situ value of US$4 billion (Behre Dolbear NI 43-101 2023).

Not bad to a company valued at just £2.5m!

Pictures and video on X.

Now that’s funny SS. Better than your usual .

If that proves true Tiberius that would be a game changer. One of potential investors concerns is capital the Kabwe project will require after the drilling which starts today has been completed. So here’s hoping.

SheikSaud is living in cloud cuckoo land as usual.

Richard is currently interim chairman as well as CEO with Quinton van der Burgh having resigned as director and chairman.

Shuka will have a new chairman in due course and hopefully as soon as possible. That is a great opportunity to get in someone with real experience of chairing a listed mining company.

That can help the company to show its true value and assist Richard Lloyd with managing this very valuable resource.

AUO Commercial Brokerage Quinton’s Dubai company own 13.84% of the company’s shares. Now that Quinton has stepped down, I don’t expect that shareholding to remain in AUO’s hands. It is logical that it will change hands.

If that happens, I would expect the new owner with their shareholding to want to make an impact, probably taking a position on the Board and doing what they can to assist the company, maybe even providing finance.

What will Leopard do with their 22.54% shareholding? They were allotted shares at 7p each. They are not going to want to sell their shareholding at less than that are they?

Interesting times!

Kabwe is considered a Tier One high grade zinc deposit, that was previously a major underground mining operation that mined 14.5 Mt of ore grading 25.4% zinc and 14.7% lead and producing 1.8 Mt of zinc, 800,000t of lead, 7,816t of vanadium oxide, 2.8 Mozs of silver and 235,000kg of cadmium over the period 1906 - 1994 from seven massive orebodies.

The Company's objective for its 2026 exploration programme is to achieve a 50% increase to the existing resource of 6.8Mt @13.3% Zinc and 3.3% Lead with an estimated in-situ value of US$4 billion (Behre Dolbear NI 43-101 2023). The current programme is also designed to better understand the Silver, Vanadium, Germanium and Gallium at Kabwe concentrations and metallurgy as a by-product of the Zinc and Lead production.

Zinc is at a 3 1/2 year high and forecast to continue to increase in value thus increasing the value of Kabwe

Update mine to 911,530

Delsboy. I wonder under what name(s) you have previously posted. We have become so used to posters doing all they can to destroy Shuka shareholders' investment. Goodness knows why, but I'm sure others can come up with ideas why.

TrekMadone - you can forward‑sell shares you are due to receive in a placing — but only if the placing terms allow it, your broker permits it, and you understand the settlement mechanics and risks. It is not automatically allowed, and in some placings it is expressly prohibited.

This might have been allowed for those shares to be issued under the existing share authority tomorrow. Some of the large share sales that have taken place since the announcement could have been forward sales, particularly if the person who took part in the placing did not already have shares or sufficient.

Anyway, I hope that you manage to acquire the shares you want to tomorrow. I'm glad I didn't have to drive 6 hours today!

GL all

The trade at 15.09 for just under £10K is mine. Needed to up my investment before the price rises further.

We are seemingly absorbing the churn of placing shares very well.