Member Info for SuperMonkey

Reminder - AGM is the 30th so all votes should be cast asap!

I believe pan may have been referring to your posts Idiot441 and I've no doubt you are aware of that

I'm thinking something along those lines are more likely

The good news though, and what the market hasn't really taken into account of is the company is trading around cash value and both parties seem to have projects somewhat lined up. One of those gets to steer the company in the chosen direction.
Either way, the sooner this happens the better.

Yep, too true, think it was one raise too many while not communicating to market that the full environmental permit was required hence a year delay. To state the obvious though, asset backed lending would only take place once selva gets the final permit. Any bod needs to push this as a priority.. for what my opinion is worth

Thanks for the reply 441, I'm pretty sure we'll see an egm called in the not too distant future on the basis of what's going on.

I share the concern of how the funding would be achieved, there's been a lot of talk of asset backed funding over the year(s) so I would think dilution would be minimised, or at least should be if the board are working hard for all shareholders. In terms of timescale, selva is well overdue (+1year) even from the bod's guidance, I highly doubt the bod would or should commit to purchasing the additional 20% without obtaining final development permit first!!, the agreement is conditional.
More than happy to see the company move forward in terms of a more driven bod but the deal looks like a reasonable ROI to me.. total revenue not far off Mcap?

441 I'm not against a little micro activism, in fact I'm more than happy to see various interests making a bid in the name of making progress. Part of that progress, for me at least is seeing the company deliver Selva as to finally bring in revenue. The conditional agreement to acquire a further 20% would bring in roughly an additional ~2m euros per year, so one years worth of production, and its paid for itself.? Just wondering what your stance is on that?

Definitely looking more interesting of late that's for sure

Tapper, I'm thinking October might be the time this heads back to the £1 area, doubling of production should do wonders for margin expansion..
If mining in the higher grade continues, those bigger stones are always a nice bonus, just a little more time

And still nothing on Togo!!

Been a while since an update, so agree one is well over due, BOD need to be updating all shareholders or at least putting updated resolutions up for the vote!

Excellent!, nice to see tangible progress being made on the new plant.

Wouldn't think that would take too long Nisumo, precursor to testing it all fully loaded. October looks like the month production doubles so hopefully all goes smoothly

$430/carat is a past average tony, for the entire month/qtr production and larger stone values increase exponentially
My guess is
21 c = +$300k
58 c = depends what its cut into, but its a huge find

Looks like the adjournment clears the deck for updated resolutions and fresh votes to be cast

First of the two line must be near commissioning by now, surely

Think its been overlooked because of the extensive wait for the environmental sign off.. now in place and still only 5m mcap
Nice to see the bigger buyers loading up
selva operator needs to get a shift on

Ordinary resolution requires 50% in favour
Unlike extraordinary resolutions (75%), so I would think a much better chance of passing resolution 4.
Will require votes though!

Nice to see this waking up somewhat, kind of thinking this simply got too cheap and has moved on technicals and a little momentum over the last few days. That said, fundamental news flow has been long over due so an update on el romeral or selva surely cant be too far off?

Considering H1 2022 production for Italy, cant help expect some licence news H2 2021, no real explanation for the extended delays from the company, but surly reaching the last hurdle..

Seeing as this has gone from ~3.4p to 1p on the back of no deal/negativity, cant help but expect the final results to confirm orm is trading not too far from cash value again and by the looks of things, the board/management are still active in looking for a project that will suit all parties. Very binary, but I would expect positive news to be well received. Starting to wonder if the bottom is in.. if not, perhaps nearby.

Yeah just a matter of time before the crypto space came under pressure and suffered a loss in momentum, all fun while it lasts an interesting to note the narrative and phycology that goes with it.

Nice to see Utah progress going on but as for that mango licence, unbelievable.

Vorag, well when I say add value, its worth understanding what that means for the pi. CRTM cannot add value over and above any other listed company that has no cash flow, the promise of a good story invariably leads to the need for cash which is dilutive. I struggle to believe there are projects available that provide a quick return without many hurdles and the need for financing. So in my view, the idea of tidying up a near producing mine will involve more than giving a ball mill a coat of paint and having a good sweep up, if that were the case, why wouldn't the vendor do the same?
Still, no one knows the future so one to watch over time for me