Member Info for teddyrb83

New Licenses

I think new additional licenses are a condition of the JV agreement, 27 Aug 2025 07:00

"· CMR will acquire an additional 10% of the SPV by funding the purchase of targeted Additional Permits;"

It might be just to do that

No real point in this RNS, I suppose the only "new" information is further delay in sending samples

Actually, I don't mind them at all. Its not really gobbledegook if you understand it is it

That is my ISA allowance for this year. Also the first trade was the JISA for my son.

Im in, but I don't think the trade is showing yet

Hey don't knock a "spoons" breakfast

Agreed

On further Googling, the line seems more of a regulatory condition

Also has been used in other RNS https://www.londonstockexchange.com/news-article/ORR/bibemi-gold-increased-mineral-resource-estimate/17037100

is just one example

Found it thank you, does sound contradictory, I do understand the first part about not having enough drill results so far (from what they have drilled) to satisfy the JORC target (which is theoretical, which too I understand its a work out calculation).

The second line saying " it is uncertain whether further exploration will result in the estimation of a Mineral Resource" , sounds to me almost covering their backs in caveat as there is no certainty any of the drilling will prove fruitful despite their best efforts ( until the core is out of the ground no one knows, could be a Schrödinger's cat until the hole is drilled , I think its more of a technical phrase than a pessimistic view from myself. I think if it said it will certainly cover the JORC estimate, then that would be also misleading and very much inaccurate for now.

Again possibly just my interpretation, obviously someone must read these before sending out so I do think they would cover their backs etc.

Hi Ghost61,

I hope you are well,

Can you tell me where you listened to/ read

"2.The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource and it is uncertain whether further exploration will result in the estimation of a Mineral Resource. Following the publication of the maiden Mineral Resource Estimate in Q3 2026,

- Looks like contradictory. Lack of info for MRE but uncertain if more drilling will provide info for MRE; but MRE to be avail Q3 2026. What is it actually saying???"

Looking for it within the RNS and through various messages but can't see it, can you point me in the right direction? You are quite right the messaging does seem rather confused, I was hoping to see if there was any other context around this.

Thanks in advance

Good post, thanks.

I have blocked a couple this morning, although as you say this will affect any new users, I do suppose if we blocked the certain profiles as a collective, with no one responding to their bile, even though likely they still would not give up posting, they would not be so constant without the technical rebuff many of us spend the time to post and the constant need to always have the last word in useless points (sometimes fiction) . Leaving the chat for more meaningful posts.

Because you had to. that is how I know and first to respond because you could not help yourself. Bait taken.

It didn't need to be....you understand it

Online, I generally operate in a way which works for me, list the item careful to pick out condition any glaring faults, so no surprises after all some items are not new, my starting price is a well researched price based on what has sold before plus condition etc, I don't have a reserve but the starting price won't give me a loss.

Listed an item a over a week ago, within around 3 hours of listing, someone was trying to offer me a less than start price, money now, saying I don't have to wait, the item I was selling was an old model and not that popular anymore, probably won't reach the reserve etc. I responded that my start price I felt was accurate for the time and situation the item was in, I was not in a rush to sell etc and was happy to wait and take my chance.

The week went on, the potential buyer kept pushing at the well documented photos of a slight dent, a slight scuff, saying he could not possibly reach the start price based on these conditions, in the mean time the number of followers of the item was steadily increasing, so I had a fair chance a few of those might turn into bidders before the week was out happy to go for my start price and then some. A few more began to message with questions about the item, not focusing on me selling right now, very much aware of its faults, asking and receiving answers to the technical questions about the item which mattered to them.

I held my ground with the potential buyer, answered his questions in a professional manner, despite him trying to get the item at a much lower price I did not sell it to him, I could have blocked him for the annoyance as I have done with others before, however they probably knew the item was worth the money I had started it at and very much just trying their luck.

I got the feeling he probably knew at the reduced price he was going in for they could indeed sell the item themselves at a later date for a profit again, perhaps that was why they were so keen to try to push me to sell the item lower, they would not be so keen to point out its flaws and message so much if they were not interested after all they were not doing it to "help me" surely to notice things I seemingly hadn't, there were hundreds of similar listings he could try and get a lower price for with his strategy, perhaps it worked some of the time.

After a week of the item being listed, it reached its final 12 hours (actually most bidders bid within the last 10 minutes of an auction) low and behold the fear of missing out, they were the first bid, the third and the fifth, now well above the original starting price, if they were so concerned about the item age and condition why were they chasing it, after all they basically tried to encourage me to sell at a lower price earlier in the same week.

They lost out in the end. End of off topic story, it like many others very much true. Children like stories don't they

Agree

Fair point, they both go hand in hand though, what they are and when it is released will be one and the same when it happens

The drilling updates is something which I have been trying to get my head round (to at least give myself an approx date in my head)

I know there was a second bad spell of weather in Morocco even though CL said it, I did check the weather history for the area, obviously not lying. After around first week in Feb, little rain and temps good (i.e not freezing) , so there should be no more weather excuses at least for drilling within the last month.

Secondly, Afri Lab, I think I read that they can take between 2 and 4 weeks per sample turnaround, however I do think they can analyse samples concurrently.

From that, pretty much a full months drilling since the start Feb, then processing, but not sure what samples would have been sent between the Festive period and the two cited periods of bad weather, obviously less

Jimzi, PR....I would call it blatant propaganda, not even a paid advertisement (after all have any of us bought anything after seeing an advertisement prior??), I would go out on a limb and say they probably wrote it themselves......you should delete immediately. lol

We can't assume where people are located, it might be half 2 in the afternoon , who knows

News most had already factored in I suspect, but helping to form our position