Member Info for sandgrounded

Dustfilter, thank you for your post. Your explanation is really helpful. Thank you again.

I think we should also note that the latest drill results show many of the holes have good concentrations up to the ‘end of hole’ depth, which could mean the Titanium ore could go even deeper.

LTI, thank you for these figures.

What I can’t understand is if these major players can publish their monthly figures, why can’t Cyan?

Is it because they are poor or so good, they don’t want their competitors to know?

I am working on the 20% of sales figure, that was reported some time ago, but it would be nice if the company opened up a bit.

Fully agree ML.

I only have 200k shares, but wish I had been braver when the sp was around 8p! I feel the sp has a long way to go yet, but funds are tight at the moment.

Good luck and thanks to you and AGEOS for all your contributions these past few months.

I hope people are not expecting a Maiden Resource Estimate covering all of the drilling recently completed.

The latest RNS states “ The drilling has confirmed the presence of a large, high-grade central core at the Thomas prospect, this target being selected as the basis for the maiden MRE due to the extensive, thick and high-grade titanium mineralisation known to be hosted within the broad, in-situ weathered zone.”

As a result, i feel that the figure I posted yesterday of 700 million tonnes, is close to AGEOS’s estimate earlier of 813 million tonnes.

I think over time the MRE will be revised and increased to include the other drill results, but at this time I think the central area they have outlined will keep the company very busy.

I just hope people’s expectations are not looking for the total area to be included for the MRE, as it is important we keep the positivity going for our shares and avoid disappointment from some.

It will still be a very good result in any case.

Thanks ML.

I have gone ultra conservative and come out at 700 million tonnes using a 3.5 kilometre by 2 kilometre area and with the ore density at 2 tonnes.

I’d rather be under and be delighted, but hope you are correct.

Good luck all holders.

Regarding the MRE, should we be scaling down our estimates as today’s RNS seems to indicate a 3.5 KM length in the centre of the Thomas project as the likely area to be targeted?

“ The drilling has confirmed the presence of a large, high-grade central core at the Thomas prospect, this target being selected as the basis for the maiden MRE due to the extensive, thick and high-grade titanium mineralisation known to be hosted within the broad, in-situ weathered zone. Whilst over 90% of all drillhole sample assays show mineralisation well above a 2% TiO2 cut-off grade this central high-grade core, extends over 3.6km north-south, averages around 6% TiO2 (refer Table 1).”

MightyLemon, an interesting post. Thank you.

I wonder what AI would say the sp value would be in the event of a takeover offer?

We have to keep this fella here. Searching questions?

Can’t stop laughing!

Drilling results out and WOW!,

Looking at the table of results, it looks like the Titanium bearing ore goes down to the end of each hole drilled. Could there be even more deeper?

Some of the outstanding results ( amongst the other outstanding results), start close to or at surface.

I can’t wait for the MRE. S.P today should respond positively. Looking at maybe 40p?

Aimgainer, I am thinking 60-70 pence after the MRE, but normally when someone does a takeover, the average increase is around 40%.

However I think you are correct in needing at least £2 a share to buy Shaun and the BOD out.

Good luck everyone.

Agreed.

Arthur, Why keep trying to prove yourself?

The bigger man is the one who honoured the bet and is showing you up even when he’s not here.

The update for India, is just a general overview of the electrical installations and isn’t Cyan specific.

If this is what to expect with the three monthly updates, then there is little point in having them.

We want better specifics about how our company is performing.

Thanks billy. I noticed a drop in my ISA account funds after hours and on checking saw the nil figure for GST. Hadn’t noticed it before.

Not sure what my broker knows, but they have my GST holdings with a Nil value!,,

Respect Massive, for sticking to your bet. Good luck.

Has anyone had a reply from MKS yet?

I sent them a message this morning asking them if they would confirm what GST had put in today’s rns.

Haven’t had a reply and to be honest, not expecting one.

Massive, the shares were consolidated 20 to 1, so you would have 500k shares. Still a good sum though.

The best time to take them out were when they were 38p for each old share. Safe me didn’t sell! They are currently worth about 12p per old share.

Apologies for off topic!

AHS, regarding GGP, they essentially became an Australian incorporated company rather than a UK one. As such they changed to an Australian Auditor. No issues there.

Let’s hear it from MKS’s mouth not from GST’s rns.