Member Info for The_Modeller

Good morning all,

I feel impelled to share with you "super squid's" exemplary post on ADVFN, in response to, what I consider is persistent 'disinformation' by PWhite73 including the use of cyanide in the future processing on Cyprus.

WKR,
-TM
_________________________________________

Your ignorance of mining and processing methods is "stunning".

CMRS has never applied for a mining licence and would only do so once it has JORC- proven copper resources with gold credits. It is not a gold-mining company. The way it works is the copper-ore (with occluded gold in the chalcopyrites) will be mined and processed in Cyprus by froth flotation (no cyanide involved just promoters and depressants) to generate a copper concentrate with ca. 22-25% Cu and the gold co-recovered.

Since there is no longer any downstream refining or smelting capacity in Cyprus the concentrate will be dewatered to a filter cake and exported to (probably) the Bor plant in Serbia or to Bulgaria. There it will be leached (not leeched) with cyanide or roasted in a kiln to recover both the copper and gold.

Please stop spreading ignorance and misinformation.

FYI:

RNS Number : 8952E Caerus Mineral Resources PLC 16 March 2022:
Martyn Churchouse, Chief Executive Officer of Caerus said,
". . . Any additional assay results that are received will be included in subsequent estimates as the Company wishes to meet the end of March deadline for the maiden Mineral Resource estimate.
The assay results generated from the recent drilling of the Kokkinapetra -Troulli Extension Project and the Anglisides Project , reported 24 February 2022, have resulted in the approval of an exciting follow-up drill programme to commence in April. Targets for both projects offer scope for a material increase in the future treatable tonnes that could be processed through the
Troulli plant.”

https://caerusmineralresources.com/wp-content/uploads/2022/03/Investor-Presentation-7-March-2022.pdf

I flew into Berlin to see the wall come down in 1989. I certainly never thought then, that I would see a Cold War warrior as the president of Russia in 2022.

Right now the mkt’s looking for good news, so let’s hear it as soon as we have it.

God bless Ukraine.

I’m a Doddle, yank my dandy!

If BEN can play a part in the supply chain, by keeping the old ladies of Ukraine in weapons to defend themselves against Putin and his fellow KGB gangsters , then BEN gets my vote - EVERYTIME.

In times of European geopolitical turbulence: it s gratifying to be invested in a stateside business; that produces a product with a strong forward curve; and where cash lands ‘every’ Friday.

Hi penstock,

I am not trying to be a pedant, I was just picking up on the Marshall Miller & Associates evaluation of production tonnages. To be clear I think there is a very compelling investment case here. And as you correctly assert a second HWM will knock the numbers out of the park, and that is simply a question of when rather than ‘if’.

Perhaps where I rather disagree is that I wouldn’t bet against the steady news stream continuing throughout the holidays …

Best wishes,
-TM

Good evening penstock,

I believe the production tonnages have to be halved to give the finished Met coal figures (happy to be corrected?); notwithstanding that, as you suggest I believe the production tonnages are very conservative ‘RNS numbers’.

Given this company’s course of conduct I wouldn’t rule out another +ve update in short order , lots to look forward to here …

Best wishes,
-TM

Great terms …

http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211216:nRSP9274Va&default-theme=true

Many private investors will naturally think this share has had a meteoric rise and is simply "just another pump 'n' dump". I would urge all investors to push their analysis further here:

1. An overly discounted IPO price -
BEN mines Met coal for steel production and not thermal coal for power. Notwithstanding that, the BoD and their advisers must have acknowledged that any mining Co "ain't" in the hippest sector in town and subsequently came on with, what now looks like a crazily discounted IPO price.

2. Major shareholders are locked in -
one year hard and one year soft, they will therefore only be looking for year on year growth here.

3. The vendor's sale terms -
Investec had $60m of debt in this asset and were exasperated with the former operator. This BoD shrewdly negotiated NO DEBT in return for a $2 US short ton royalty. As exasperated as Investec were:
(a) they chose not to sever all connections from this purely Met coal, High Wall Miner on ESG grounds; and
(b) anyone who has dealt with Investec will tell you those guys and gals are NOT bozos: to agree to $2 a ton royalty must tell you that Investec believe the new operator is serious about the viability of producing significant annual tonnage over the long term.

4. Ducks in a row . . .
There are copious companies on AIM and indeed with a full listing where the BoD's will tell you they are going to get the necessary (i) land rights; (ii) permitting (planning); (iii) licences; (iv) finance; and (v) offtake agreements for their projects. Seldom do companies deliver these - for the avoidance of doubt: BEN HAS ALL OF THE ABOVE!

5. Strong buy -
IMV BEN really is a slam dunk BUY at anything <£1.00

This company is mining Met coal miner in West Virginia, it’s not making bath bombs in Dorset. The last thing this company needs is a beige BoD.

Beyond the imminent news of first production and stockpiling, there is a wealth of positive news to follow here, including but not limited to:

- fully operational rail spur;
- fully operational wash plant;
- a second high wall mining machine; and
- additional territories - either by royalty or outright acquisition.

NB: BEN is the only owner of a rail spur and wash plant in this Met coal area for c.20 miles.

God is always on the side of the big battalions ;-)

Many private investors will naturally think this share has had a meteoric rise and is simply "just another pump 'n' dump". I would urge all investors to push their analysis further here:

1. An overly discounted IPO price -
BEN mines Met coal for steel production and not thermal coal for power. Notwithstanding that, the BoD and their advisers must have acknowledged that any mining Co "ain't" in the hippest sector in town and subsequently came on with, what now looks like a crazily discounted IPO price.

2. Major shareholders are locked in -
one year hard and one year soft, they will therefore only be looking for year on year growth here.

3. The vendor's sale terms -
Investec had $60m of debt in this asset and were exasperated with the former operator. This BoD shrewdly negotiated NO DEBT in return for a $2 US short ton royalty. As exasperated as Investec were:
(a) they chose not to sever all connections from this purely Met coal, High Wall Miner on ESG grounds; and
(b) anyone who has dealt with Investec will tell you those guys and gals are NOT bozos: to agree to $2 a ton royalty must tell you that Investec believe the new operator is serious about the viability of producing significant annual tonnage over the long term.

4. Ducks in a row . . .
There are copious companies on AIM and indeed with a full listing where the BoD's will tell you they are going to get the necessary (i) land rights; (ii) permitting (planning); (iii) licences; (iv) finance; and (v) offtake agreements for their projects. Seldom do companies deliver these - for the avoidance of doubt: BEN HAS ALL OF THE ABOVE!

5. Strong buy -
IMV BEN really is a slam dunk BUY at anything <£1.00

It sounds as though ladyfont’s rather more discriminating (in her financial investments).

Have a splendid weekend gang ...

- TM

BigGib,

That’s proprietary information.

Whilst we’re on apparel, wearing a tie with a blade that finishes half way up your torso is not a strong look.

Best wishes,

- TM

lordfont - I know , if you push your analysis further ,that does not amount to good news for MVR.

-TM

NM

kingofKeighley / mel5 ,

I can tell you as an absolute fact that BB posts are fully monitored by comms companies for grown ups.

- TM

Live Nation organised an impressive series of drive-in music events across the UK. They have now been forced to cancel these as a result of recent localised lockdowns. One imagines the global events promoter’s revenue forecasting went into rather more granularity than ‘The fonts’ but a key motivation will have been to offer their customers the vital synergy between the performer and the audience. Live Nation’s corporate responsibility in taking this difficult decision is to be totally applauded.

However, the tsunami of schadenfreude, arrogance and conceit from MelodyVR’s shareholders is an object lesson in how to destroy a commercial relationship. The comments below require no commentary, and I lead with mel5 who is a conduit of information from MelodyVR to these boards.

“August was going to be special, now there is even more to celebrate!! GLA” (mel5)

Melody just become the most important partnership to Live Nation
“Live Nation need revenues much more than Melody do.” (BigGib)

“The line ups hardly earth shattering either.” (Kingofkeighley)
“… there will be a certain sense amongst some of the customers who will feel in some way "cheated" by having to pay upfront and then get their money back … there will be certainty of delivery with melody. …” (The.Italian)
These damaging comments will definitely be captured by Live Nation’s press office and I would be staggered if the company won’t be flicking through its rolodex to find more supportive production partners …