Member Info for Shurething

Sell orders filled I suspect as the numbers roughly balance with the numbers traded on the day disparity (B vs S). However, I'm a geologist and not a City man!

I hope so. I did a dummy sell at 16.29 so it might have jumped at close.

Closed at around 37.7 on the bid!

Mad buying?

CRTM have more than tripled since the beginning of the year - and they don't even have any licences or mineral assets. Just cash - and I guess that is less than it was then!

or one of the favourites ..... roofing!

Hi guys. Once a mine is due to be developed they will fence off the area and deploy security guards. The big risk then is theft of equipment (plant, computers, light bulbs, food from the fridge, etc. etc.) - just the same concerns as if you have a home in Africa - only on a bigger scale. They won't fence off the historic gold mines if they're wise unless they identify a significant resource - which will be through drilling. It's good PR to let the locals carry on in the short term. It's also good to monitor where they're digging in case they have unearthed something 'new'.

Illegal mining is commonplace throughout Africa (and the world) and wherever gold is encountered the miners can be there in number. Most of them are poorly equipped and the 'proper' miners usually let them continue as long as they don't get too serious. They are difficult to evict- even if you involve the authorities. In most instances it just isn't worth doing. They won't be touching the lithium as they have no means or producing a concentrate, so no need to worry. Even the gold processing becomes a problem once the dry season kicks in unless they have access to water locally. I have seen artisanal gold miners in various countries, including Zim, happy to find a quid or two's worth of gold per day!

Should hit .40 by 12.45 - an estimate!

Lunchtime buyers perhaps as the Offer has just ticked up to .39!

I note the typo in the SEZ Act excerpt/ summary!

https://www.penninehealthcare.co.uk/about-pennine/our-facilities/

There has just been a feature on BBC 'Politics East Midlands' on the success story that is Pennine Healthcare - just down the road in Derby. They make masks and have sizeable production facilities. Interestingly the company founder was talking about their collaboration with local universities. So why don't RMS / P2F do this instead of 'fannying around' with their own machine?

Charlie, whenever a resource is quoted by an exploration or mining company the tonnage (usually quoted in millions of tonnes) is that of the host rock (orebody). The average grade of the commodity or commodities of interest are quoted - either in percentage terms (as in this case) or in ppm (or grammes per tonne) in the case of scarcer metals such as gold. Grades are estimated by means of creating a 3D model or the orebody, populating with the drilling assay data and creating a block model - with the orebody broken into usually hundreds of blocks each having its own average grade. Your calculations are wrong!

Hi Charlie. The anticipated Li resource of 120 million tonnes is the weight of Li-bearing rock - not the amount of contained Li.

Hi Millionpennyaire: approximately 10% of the company changed hands, price rose to 49.5p mid-morning. Take a look at the day graph. Not really 'quiet'!

It was refreshing to watch an interview where the strategy was defined so clearly - without all the 'ums and ifs'!

From this stage 1 to 3 years usually - normally 2 to 3 years. Further surface exploration followed by resource (extension) drilling followed by detailed drilling infill (analysis, mineralogy, etc. etc.). There could be a partner involved either to JV or to fund development via a 'buy in'. An exclusive offtake contract could also be on the cards.

Spot on Helu!

Price has ticked back up - am hoping now for an afternoon climb. Re JV's - the larger Western companies unlikely to be in on this because of it being Zim. A smaller cap (AIM) or a Chinese partner seem more likely.