Member Info for saintpeter7

AGM is this Thursday 8 June. Wouldn't it be great to have an update then.

Hi Jap1996

Quickest way to get up to date with progress is to read the quarterly report at www.aquis.eu/stock-exchange/announcements/4076124 and latest Stockbox interview at www.stockboxmedia.com/interviews/marula-mining-snapshot-update-on-blesberg-kinusi-nyorinyori-and-bagamoyo-maru/

Aquis page for Marula gives all the RNSs as do the LSE of course.

Https://qgc.co.za/

QGC's website

From the RNS - The Capital Raising has been undertaken with two strategic investors, QGC and GMI, both of whom will become major shareholders in the Company.

No flipping here!

Bought in at 7.4p. Marula's listing is being worked on for probably July. So no way will they use EDL for an RTO.

As a Marula shareholder I know the benefit of QGC, who are coal miners and are a substantial South African company with not only funds but excellent logistics and accessory knowledge, and Jason Brewer will I expect take EDL (to be renamed) to another level.

Very pleased to have bought in on Tuesday as the SP was attempting to break higher after the mini-consolidation and MACD crossed over on the daily.

Wish I had found this share earlier, but looking forward to hold for quite a while with the growth the company is exhibiting and with no reason for it not to continue.

I haven't seen the trades this morning, but why did the SP drop today with all the buying this afternoon?

Jarvy why the post re Landau on this board?

My highlights from the Zak Mir interview. Forecast 3,000 boepd in next qtr and 10,000 to maybe 14,000 by 2022/23 if all goes to plan - value at $70 Brent c. $16m per MTH. Currently adding $2m monthly to cash pile of over $14m.

$https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-marshall-abbott-ceo-and-joe-macfarlane-cfo-arrow-exploration-6e90d8c
Mcap £39.2m.

https://twitter.com/petergedwards1/status/1598665165276332033?s=61&t=HSDPAzHJfJyCbvSt6VD2_A

Two trades today at 2.40 show as sells due to published bid and offer, but as I bought at 2.405 a few days back just wonder if they were in fact buys. Otherwise the real bid and offer are unrealistically close.

Pleased with the graphite acquisition to add to the lithium and tantalum one finalised recently. Great to see Jason Brewer taking advantage of snapping up projects needing his experience, knowledge and ability to raise finance when needed. No money required for the moment due to the prepayment for Blesburg and with that generating cash in January.

https://polaris.brighterir.com/public/marula_mining/news/rns/story/r79v47x/export

Bought my first tranche of shares this morning. Great price at just 2.405. With Jason Brewer at the helm and first cash flow in January, no time like the present to get in early.

I suggest that that was a rollover of some kind due to the prices and timing. However, there were some decent buys this afternoon. I expect we will hear again from the company soon.

Further to my recent post, they have available tax losses to absorb the lack of tax relief on royalties paid for some time to come. The 2021 accounts state that they had at 31 December 2021 $63.875m of definite losses for tax purposes available to set against future taxable profits. So, it will be some time to come still before there is any actual effect on the company’s cash funds of the change in the taxation of royalties paid.

Steven - the additional corporation tax does not apply to Arrow because it only applies to oil which is exported and in Arrow’s case they sell their oil at the well head to Fronterra.

The royalties they pay are 12% and they had been tax deductible. My understanding is that under the new tax regime they will no longer be tax deductible. So whether that has any immediate effect depends on what tax losses the company has.

Huge buy today by someone £83k! Shows real confidence they are on to a winner.
Invested at an average of about 12p aware of the massive potential. Great to see the move up from just above 6p. As has been said the reports from the company deserve an mcap much higher than it is currently.

SP risen this morning first thing. It appears that the MMs are short of shares which really is no surprise as holders aware of the great potential. Brendan Borg with a holding of more than 3% obviously knows a good thing when he sees it.

Could we hear this week regarding the Francisco Basin maiden inferred resource ? SP has found a base and is looking to rise again. Added last week to my holding and looking forward to a bright future with CTL.