Member Info for SirGBoycott

Thats better .... everyone reply to this thred

Swifty is that you ..........

I have visions of everyone stood at the end of a long production line waiting for the ingot .... but they are at the wrong end and lumps if the damm stuff is piling up at the other end of the plant

If anyone wants a 'highlights' package of today's posting have a look at ADVFN. Some even come with helpful commentary. Some people really know how to entertain themselves or have really crappy jobs.

not putrid enough though for some to make the same decision

22/6 RNS - Under full operating conditions, the plant will produce around 20,000 tonnes per annum of antimony products (close to 10% of annual global consumption) supplemented by around 60,000 ounces per annum of gold. At current market prices, this would result in indicative revenues for SPMP of around $245 million per annum. TSTR own 40%

Previously the figures have varied eg . "It will have the capacity to produce more than 50,000 oz. of gold per annum and 20,000 tonnes in combined antimony metal" on TSTR website"

Until they get going those figures will be subject to change but in that range

Can’t beat a bit of blue

Krispy you can say hello to my Parents they are up at the Pestana Palms for a couple of weeks. Going out myself in July .

Well they wont get any tax if they don't approve mining licences will they but good to see some acknowledgement

Keep your shirt on. I can read the RNS where it says planned.

Where does it say anywhere January 2021? I assume that's your opinion and not a fact.

MAST RNS yesterday "Sites planned to be operational in Q4 2019 and Q1 2020 respectively".

Operational in Q1 2020 so fail to see how they wont be generating revenue until Jan 2021.

We all know we need the licences and clarity on funding. Lets see what he says tonight but I suspect it will be pretty much as per previous RNS

One licences its with TG / Bots Gov etc to approve
On funding ... conversations / negotiations continue

Mike - "''non-exclusive 84Mw portfolio of sites'' Anyone any thoughts on how this may work?

Its not clear that these sites belong to the same seller but implied. If not with the Seller then there is a further competitive opportunity out there. If wiuth the seller, then I suspect MED will be given every opportunity on these by the Seller but at present not on an exclusive basis. The third 6Mw one is at present on an exclusive basis. Perhaps an opportunity to turn into exclusive depending on how the first few go?

If I was the potential EPC contractor a programme / suite of sites would be more attractive and potentially more cost effective

Drax whats your view of JPM making changes at the ministry. Did he get the initial appointment wrong? Perhaps he had to put people in place that were long term supporters but completely useless.

Just binge watched the Thick of It and reminded me how politics really works!

I am sure Drax someone will ask the question tonight

well at least you concede its possible

BCL I don't see any reason why they were reported and if they were any reason why LSE admin would remove them. I have noticed this a few times and wonder based on LSE's past performance of system reliability etc that its simple a system issue. I have not noticed this on any other boards but just trying to think why they are missing.

I don’t know how integrated gold is with the rest of the works / process for antimony production. I wouldn’t be surprised if they had focused on antimony recently at the expense of any gold processing commissioning but would likevtonhabe made a wrong assumption

Its my thinking too JD. Long way to come just to be battered. Its not as if he can say much that isn't already in the public domain or new either, unless something drops. It might be the case that whatever he expected to have landed hasn't and now cant really cancel. Eitherway not long to wait, my point was whilst LC hasn't promised anything he raised expectations.

We need that first metal RNS this week alongside confirmation of how we are going to fund our share to remove any lingering doubts. Couple with a detailed update of the next few months ramp up to commercial production .... a few orders would be nice

The only people driving expectation of news on or before Weds is most people posting here (myself included). Based on comments made to me and Yaki (at KAT AGM) that LC didn't want an investor event unless he had something he could talk about and the fact that no-one volunteers for a pasting. Plus the last MED RNS indicating DD was due to complete end of Jan / early Feb. Seems a reasonable assumption to make but clearly not a cast iron guarantee and not something LC has promised.

Now I know many people feel that it would have been beneficial to have earlier opportunities / more frequent opportunities to grill the CEO so here's the chance. If nothing materialises before the meeting I for one will be disappointed but not dispondent. I look forward to the feedback from those that can make it and no doubt a good discussion afterwards.