Member Info for Schoolboyknows

Ha! Sorry meant Market Cap.

Sounds pretty fricking good to me! Where will this SP be in 12months!!

Anyone got any fag packet calculations on 300,000 tpa??

Placing 12 Feb at 0.015 to raise 300k to order equipment to ramp up production by year end to 25,000tpm. In discussions with end users to pre pay for ore and storage to pay for the remaining infrastructure investment needed to reduce dilution. Nice.

FFS those traders are dodgy as.. I wouldn’t mind if I was benefiting from the corruption....grrrrr

....

Email Russ. Be great to hear what he has to say.

Could be the game changer here! Trying not to be a ramper .. much...but if you’re a pi looking for a multi bagger this is it. Have a read of our RNS’ and you will see the potential!

Nice rise!

Agreed CAI distribution bit of a ball ache, but I don't think the complexity of the demerger was apparent to management, and each broker seems to have handled it differently so I find it a bit harsh to hold Russ and the team responsible. Looks like it'll all be sorted in a few weeks and we can all look forward to big news from CAI and KRS!!

Highlights



· Testwork assessing the potential to supply Nayega manganese to the steel industry:

o On-site processing using dry screening and wet scrubbing to produce a beneficiated ore averaged 38.88% Mn, 6.28% Fe and 11.5% SiO

o Nayega ore is best suited to production of silico-manganese alloy

o Discussions remain ongoing with potential off-takers to provide both development funding to expand the existing 6,500 saleable tonnes per month operational infrastructure and for an off-take agreement for future ore produced at Nayega



· Testwork assessing the potential to supply Nayega manganese to the battery and/or agriculture sectors:

o Sighter leaching testwork completed on samples obtained from the transitional and deeper Saprolitic zones within the Nayega orebody

o Leaching results have been encouraging with in excess of 90% recovery being achieved in less than two hours from both ore samples

o Nayega manganese is an oxide ore which leaches more favourably compared with South African carbonate ores

o Solutions produced contained minimal concentrations of impurities, indicating a reduced risk of issues in downstream processing

o Significant growth potential for manganese as a replacement for cobalt in lithium-ion batteries as producers look to secure cost competitive, responsibly mined long term raw material supply

o Potential to de-risk Nayega's exposure to the volatile steel market by diversifying into the growing EV market

Another great find this! Manganese electrolytic flake! Pretty sure that was mentioned in an RNS after the bulk sample.. Investment would be needed to upgrade what were pulling out the ground into that product..I wonder what the economics surrounding that would be if its going for $1700 per dmtu? Bloody exciting. Once that Permit is signed sealed delivered, the market should start researching this properly and pile in! Good Luck Us!

Great read that Bass! Lets hope the Manganese Sulphate markets booms! The structure of the batteries of the future is a big question at the moment with the industry looking to move away quickly from heavy metals, but from my limited reading it sounds like the new batteries are less stable and have lower longevity. The NMC battery sounds like a promising development, but I'm not up for paying a few grand for one of the reports being published on the matter. I wonder if Russell could give us anymore insight into the market once all the paper work is done, I assume he will.

Down it goes

http://www.basinvest.ch/upload/pdf/Valuation_of_Metals_and_Mining_Companies.pdf

I’m bored. Anyone got any fag packet calculations to get us all excited?

Some today.. more news coming?

Slight?? They’ve increased revenue by 12% increased productivity, trimmed down staff to reduce cash burn and are have a credit facility available. A fund raise through a placing at a fair price is exactly why they are on AIM.

Who wouldn’t want to fund this business? Huge potential!

Woah. Great post that!