Member Info for Snowman100

???? tweet is a bit on the cryptic side !

‘Criticaleye is the peer to peer Board Community for CEOs, senior executives and global leadership teams. We have over 15 years’ experience working with individuals and senior teams.’

‘We inspire leaders to be successful by providing a full spectrum of support ranging from personal leadership development to strategic alignment of the senior team.’

‘At the heart of all our work is a deep understanding that great leadership is fundamental to organisational success. So while the motivations of our Members vary, Criticaleye’s approach is consistent – to provide a personalised and highly bespoke framework so leaders and their teams can perform at the highest level.’’

Also googled going east and it came up with 'Future Positive' !

Tweets seem to have dried up a bit...........I know it is a very busy time....trying to weave all major factors together in readiness for FID.....but we is hungry little creatures and a big fat worm of info wouldn't go amiss here!

I believe INFA is steaming away on all fronts.....but let us in a little on the act please!

We need news on current activities and an updated Optiva brokers note. We are 4 months on from the last one and much more up to date projections can be made now on commodity prices (which, especially in the case of Palladium, have improved considerably) and de-risk.....also, talking of de-risk, the mining permit has been granted since last note....but if things are moving behind the scenes as we are led to believe, considerable other de-risking has taken place.

Perhaps, may be even better to wait until the flanks are investigated....how long will that take?.....all taken together....should boost the brokers estimation phenomenally!

Methinks possibly Total.

GLA!

Every share consolidation I've seen has ended in disaster. Sometimes with the share ending back at same time in very short order to the price it was before consolidation....effectively a ten times dilution!

They are busy tying all four loose ends together.....takes time..very complex...will come through very strong !

We will have excellent news soon !! SP will be very very respectable!!!

Closed on $1405 US per Troy Oz.

Great timing for negotiations. Good news soon!

Multicom Fact Sheets for St Elmo Vanadium Project

https://www.mcres.com.au/latest-news

FACTSHEET Newsletter #1 Saint Elmo Project September 2018
‘The Project will use proven processing technology which includes a pressure/temperature leach followed by the traditional vanadium pentoxide recovery process including solvent extraction, desilication, ammonium metavanadate (AMV) precipitation and de-ammoniation.’

FACTSHEET Newsletter #3 Saint Elmo Vanadium Project February 2019
‘A Water Supply Strategy has been undertaken to understand alternate sources of water including current or proposed water sources in the region. This strategy also considered options which may have broader potential benefits to Julia Creek and surrounding communities, including other potential users in the North West Minerals Province. Details will be confirmed following additional studies. At the same time, Multicom’s engineering team have assessed the processing options to improve the efficiencies of water use where possible. Currently, both pressure leaching and heap leaching processes are being considered, with both options addressed in the EIS.'

Note that heap leaching has only been included in the most recent Multicom factsheet….this February!

Something has happened between September and February, probably with the public consultations to make them think twice about methodology?

Because of the sensitivity of the water suppies in the area, have they been forced to take the heap leaching seriously as a more environmentally friendly option?

So does heap leaching use less water than pressure leaching?...is this the issue they are looking at or is used water more easy to treat using one or other of the processeses?

Either way, heap leaching at leasts SUGGESTS (to me anyway) less water and easier to treat used water.

Initially, 10,000tons per year!

IMO we could win this contract!

GLA ?

Ufa is one of the biggest scientific centres in Russia and houses the Museum of Geology and Mineral Resources of the Republic of Bashkortostan.

Interesting.......are some relevant old documents being examined by Alexei?

Alexei Boucher
?
@AlexeiBoucher
43m43 minutes ago

'Long day at the wheel, 500+ km from Ekat to Ufa. One huge jam on the highway due to a lorry accident. Why Ufa, some may ask - need to strengthen the exploration team.'

Upping the quality of the team to go forward.

Sorry....wrong board !

Alexei Boucher
?
@AlexeiBoucher
43m43 minutes ago

'Long day at the wheel, 500+ km from Ekat to Ufa. One huge jam on the highway due to a lorry accident. Why Ufa, some may ask - need to strengthen the exploration team.'

Upping the quality of the team to go forward.

ADVN Linesal2 regarding another late buy today to go along with yesterdays late buy recorded midday...both down as sells

'Thats a 9.2 million buy this morning and 10.8 million this evening- someone is Building a position!'

Blimey,.... surely not Dawski built up to 80 Million shares?!

Jump on board...she's about to set sail !

Thanks Steello.

Wow...when all the news drops soon this is going into deep space faster than diarreah with daps on!

Steelo, is that the £100K + buy?
What were the ask and bid at that time?
and how come share price didn't move accordingly when it was finally posted?
Not sure how these things work...would appreciate a very basic explanation.
Cheers.
GLA !!

2M
All helps!

RNS Number : 4899L Infrastrata PLC 27 December 2018
‘A further Project equity funding offer was presented to the Company during the week commencing 17 December 2018. In order to fully assess and evaluate this offer the Board has decided to delay entering into any formal arrangements in Q4 2018, with a view to concluding its review and negotiations early in 2019.’

RNS Number : 9385N Infrastrata PLC 24 January 2019
‘The initial review of the additional funding offer that was received in the week commencing 17 December 2018, as notified in the announcement dated 27 December 2018, has now been completed. Due to the nature of this additional potential equity provider and their indicative terms, InfraStrata has agreed that they will now proceed to the next stage and undertake detailed due diligence work. Specialist advisers have already been appointed by this potential equity provider and work has commenced, which is expected to take around six weeks.’

So from this, the specialist advisors commenced their work sometime between 27th December and 24th January. In which case, six weeks should end sometime between Thursday 7th February (this Thursday) and Thursday 7th March.

This means the equity funding news could be announced anytime between 3 days and 31 days from now.

If the company were very quick off the starting block (and their is no reason to assume they weren’t as megabucks are involved and they are obviously one of the biggest and most pro-active companies out there) and they commenced due diligence work as soon as Infrastrata notified them of their interest in the possible proposal….highly likely….they are certainly not going to hang about twiddling their thumbs….they are going to be firing on all cylinders (i.e. on the 27th December, 10 days after the submission)……then it is imo possible (I’m only saying possible) that we may get the big news as early as this Thursday !

Probably not…but certainly not beyond the realms of possibility…just floating it out there !

Good luck all ?

Got me trills.........I'm of the dinasour generation..........when I was a snowboy I might have picked that up!

Still all good news.....anything rolling in is good!

Wish they'd hurry up !!

Trills,
If the RNS is wrong then surely they are under a legal duty to correct it as it surely VERY price sensitive info......to the tune of a million fold out of kilter!

TVPete......Re the typo:

From the Global Business Report Pg 45
https://www.gbreports.com/files/pdf/_2018/Turkey_Mining_2018_-_Web_Version.pdf

‘We plan to build a 100,000 to 300,000 mt/y ore processing plant in Turkey focusing on zinc
or copper using their technology,’

From the AXM RNS 2nd Oct 2018

‘Proses has been investigating and progressing plans in Turkey for the establishment of a semi industrial scale processing plant ("SISP") using Alexander's patented AmmLeach® technology for processing lower grade oxide zinc ores’ …..’The SISP facility is expected to treat about 100,000 tonnes per annum of oxide zinc ores with a grade of around 5 per cent. zinc, with a final product of electrolytic zinc metal.’

Yes looks like a typo from the 65 page report......you would have thought they would have noticed and amended mt/y to t/y !!!!

But as you say, still not too shabby at all from one project !! and notice that in the RSN they have used the lowest value in the range . They used 100,000 t/y (whereas the range was 100,000 -300,000).....so all pretty good!

Excellent bit of digging Trill.

From your link Pg. 45...that bit tha says In our research we came across Alexander
Mining’s patented AmmLeach technology
which could transform the feasibility of
processing lower grade ores. We plan to
build a 100,000 to 300,000 mt/y ore processing
plant in Turkey focusing on zinc
or copper using their technology, and then
market the technology under a commercial
partnership.'

Take an average of that = 200mt/y ore at as low as 5% zinc = 10mt/y of Zinc !

zinc price at moment = US$ 2,700 per ton.

2,700 x 10,000,000 = $US 27 Billion !!!!

Say we get 3%.........that's US$ 810 Million per year to Alexander.

Someone please check those figures before I have to call a doctor !!!!!!!