Member Info for Tardis

The money is there, the grades are there, let’s hope they can deliver.

It do think it is prudent to to plan for lower end of predictions, and then be pleasantly surprised if they exceed. Next twelve months will prove whether they can deliver or not.

So let’s say the company achieve a yield of 1.8%, which is still an improvement on current yields, rather than 2% which I fear is too optimistic.

480,000 x 1.8% = 8640 tonnes copper

Assume sale price of $8750 per tonne

8640 x 8750 = $75m = £55m revenue

All with a fair wind!

I think it will be a while before we see the very large revenues and market cap investors are hoping for, but hoping to be proven wrong.

With 1850t daily ore production, the figures come out at $103m or £75m annual revenue.

Can someone remind me where the company are trying to get production levels to? In kt per annum

Thanks

MB really needs to start declaring his strategy, if he has one. Comms need significant improvement, starting tomorrow.

I also wish some of these smaller companies would pony up and do interviews on Proactive Investors. These small bloggers don’t have a big enough audience to bring new money. False economy.

Wild speculation, but could the podcast this week be booked with a preceding announcement in mind?

MB certainly dragging his heels now with this offtake deal - he’s supposed to have been working on it for the last twelve months. Get it done FFS...

Hope there’s some sort of nickel price tracker in the offtake and equity deals they are doing, otherwise by the time the finish drafting they’ll have to start again due to the nickel price boom.

Which Podcast is that?

Thanks

Is it me or are the BOD rather quiet about their financing strategy? Have they given any indication of how they intend to go about this and over what timescale - and I don’t just mean a vague statement on ‘equity/debt/offtake mix’. Company could do with improving its publicity and investor comms.

Manini May have his faults but he is a deal maker. Admittedly the last deal fell through but the share price doubled before that happened. Same will happen again here soon.

Bought some more today.

Great assay results. Now turn it in to cash, there’s the challenge.

Nice assay results. Just a shame wasn’t done four years ago and plugged in to the feasibility study...

Anyone notice 14 million shares changed hands this afternoon?

I don’t think it is creeping down. It crept down, but 5p has become a floor.

I think we must be due a Mannini rabbit from hat. We have basically lost a year due to the AE collapsed deal. Obviously Covid hasn’t helped.

How long until this progresses. They have been working on financing all year allegedly. Pull your finger out management, the share price is languishing and the graphite remains bedded underground instead of in a nice shiny EV.

They would do well to try to line up a buyer for Kabunga’s shares - take them out in one hit.

Picked up a few more today. I don’t think it will be too long until offtake is announced.

Lots of drivel

Take home is no significant progress in production until financing secured

Didn’t sound like it was imminent either

Sh*t company

Wonder when Manini is going to drop the next deal on us. Any time now would be nice...

Hard to explain why this has dropped. Great RNS, massive potential, paltry market cap. Feel like I’m missing something?

Nice reminder this morning that progress is continuing at Blencowe. Ridiculously low SP in my opinion...

Markets have the wobbles today - will top up once they bottom out.