Member Info for TheBasher

Possibly this:

“We are actively seeking a joint venture partner to help finance this programme and currently working on several positive leads."

If they can’t find a funding partner then perhaps a placing is on the cards?

It would be good to get the permit through so they can become revenue generating which should increase the MCAP, perhaps be in a position to self-fund future development from cash generated, or at the very least mitigate the risk of a heavily discounted placing.

Like the sound though of proving up copper reserves as this could be a game changer.

We will see

It seems at last like my patience may, just may, be paying off:

Great Western GWMO - tantalisingly close to production with other assets ripe for the picking (copper).

Kodal (KOD) - fully funded to build the Bougoni mine and start producing lithium spod within 12-months, plus gold assets proving up well.

Kazera Global (KZG) - with ASM taking a 29% position in the company at double the current share price, rumours of "bigger" projects around the corner, money still coming in from sale of their lithium asset.

Hope fully they will offset the disaster that has been Ironveld (IRON).

And two where I have everythnig crosssed!

AFC Energy (AFC) - a punt in the hydrogen sector.

Clontarf Enegy (CLON) - another punt, this time in lithium brime extraction.

19-Jan-24 13:10:22 0.061 81,955,622 Unknown* 0.06 0.062 49.99k O

19-Jan-24 10:23:03 0.056 31,863,637 Unknown* 0.062 0.065 17.84k O

OMG! Don’t mention the website. You’ll get a barrage of insults from delusional nut cases !

Https://www.thearmchairtrader.com/great-western-mining-moving-towards-refinery-operations/

@benmatthewgraham

Just stop.

No surprise that there wasn’t.

Any semblance of investing in this company based on analysis is completely out the window. This is currently a “cross everything and hope for the best” disaster of an investment . Glad I sold half of my initial investment (at a loss) some time ago to invest elsewhere. In hindsight should have offloaded the entire holding.

This has tanked so much that the remaining holding is relatively worthless so I will hold for the miracle turn around or as a reminder of how AIM can bite hard.

All this carp about emailing CEOs, receiving sensitive information in the replies. Blah. Blah. Blah.

• Construction of mill site complete

• All process plant on site for gravity separation with generator in place

• Permit granted by regulator for moving material to site from remote locations

• Commissioning and start-up of mill operations waiting on environmental permit

• Application for stage-2 leaching process to be submitted following approval of permit for

gravity separation

Oh, and official photos available.

Excellent news.

Investors need to be aware of the difference between rumours and “facts” from random posters and official RNS news.

Let’s wait and see when the official news comes out, heh?

@workshy re Updates and the “email”:

If something doesn’t smell right, it usually isn’t.

Is that bulls**t I smell?

Im in the same boat, MrC. You have a strong nerve to have averaged down again now, and I have contemplated it, but I have already invested my maximum amount by averaging down for a 1.2p avg, but just won't allow myself now to increase my holding further. I will just sit it out.

Looking at the chart (and in reference to recent RNSs), I think 1.2 and 1.5 will be surpassed quite quickly. Let's hope that 2024 is indeed THE transformational year....

Nothing but positive news coming from the company.

Bulletin boards a breeding ground for planted fake news.

Since news of the $118m funding, weak holders are lying at the bottom of the tree that has well and truly been shaken by the machine that is The City who now, after this investment has been so signficantly derisked, look to load up with the shares that have been all to easily prised from the hands of the weak to fill their orders. I wont be surprised to see bigger and bigger trades going through over the next few weeks.

Time and time again, as sure as I am that the world is round, the weak holders who cant see beyond the noise will ALWAYS get stiffed.

To me it looks like one final spike down shake to frighten some in to selling, then a nive V-shaped recovery to indicate the start to a much longer term reversal from the recent downtrend.

Think a rise from 0.1 to 0.9 was big? Wait until the proper rise happens. Thats what The City will be investing for, and why I have quielty held through all this predictable nonsense.

To be honest, I don’t feel bad at all. But it’s good to have reminders about the nature of some AIM stocks.

The rinse and repeat working practices of this particular company are plain to see.

Buyer beware, as they say.

Aka THE YEAR OF THE LEPER…

I’ve been in VAL for many years and still hold some shares to show it’s catastrophic loss in my portfolio - it serves as a clear and daily reminder to me not to repeat mistakes of the past.

On 16th Dec, the sp was 14p, and there were keyboard warriors claiming significant funds were coming in and that 20p, 30p, 40p and 50p or more was extremely likely. The sp is now at 5.9p. Says it all really and potential new investors should take note.

Below is what was posted by me 5 Nov 2023 and then on 16th Dec 2023 in response to all the bullish rumours on this board.:

TheBasher

Posted in: VAL

Posts: 651

Price: 14.125

No Opinion

Only 97% down. Tumbleweed moment with VAL 401!

I feel like I’ve been here before…

Oh, I have.

Time will tell if it’s any different to the 2nd, 3rd or however many false starts there have been.

Only need another 900%+ to recover my losses.

A leopard never changes its spots, neither does a leper (which is a pretty apt way of describing a chronically sick excuse of a pharma company).

Posted by me 5 Nov 2023 23:26

TheBasher

Posted in: VAL

Posts: 651

Price: 14.125

No Opinion

Only 97% down. Tumbleweed moment with VAL 401!

I feel like I’ve been here before…

Oh, I have.

Time will tell if it’s any different to the 2nd, 3rd or however many false starts there have been.

Only need another 900%+ to recover my losses.

A leopard never changes its spots, neither does a leper (which is a pretty apt way of describing a chronically sick excuse of a pharma company).

@steven49

Its based on what is in the report. ..

Read it in full, then tell me if you think I’m right or wrong, and why.

“ Cash at 30 June 2023 of £761k”

Jeez, burning through the $4.2m received from Xinjian, Dennis!

That was my first thought in reading the highlights, but the full report paints a very different picture:

https://kazeraglobal.com/reports-presentations/

Surely this is now grossly undervalued?

@clueless

If people make the effort to read and decipher the quick Google translate I did, they will see some very important information. I am not surprised to see this blue today.

Part 5 (final)

9. What are the capital expenditure arrangements for the company’s key construction projects?

The company currently has four key construction projects:

1) Shilu Iron Mine -120m～-360m middle section mining engineering construction project: total planned investment

is 543 million yuan. As of June 30, 2023, an amount of 77.07 million yuan has been invested. It is expected that by 2025

It will be completed in 2016. The funding sources mainly include raised funds and self-owned funds.

2) Shilu Iron Ore Suspension Magnetization Roasting Technology Transformation Project: Total planned investment is 511 million

Yuan, as of June 30, 2023, an amount of 2.13 Yuan has been invested, and it is expected to be officially launched in the first half of 2024.

When it is put into production, the funding sources mainly include raised funds, self-owned funds and special government support funds.

3) Bajiaochang gas field phased development project: drilling and completion of more than 20 wells in multiple well sites

The construction period is from the fourth quarter of 2022 to the first half of 2024. The total project investment is approximately 10

billion, the source of funds is mainly self-owned funds.

4) 20,000 tons lithium hydroxide project (Phase I): The total planned investment is 1.056 billion yuan.

An amount of 1.51 yuan has been invested as of June 30, 2023. The funding sources mainly include special loans and self-owned

Funding, the company’s “20,000 tons lithium hydroxide project (Phase I)” received 7 funding from Hainan Rural Credit Cooperatives

The company has completed the signing of relevant agreements in August 2023 and started to provide loans in September 2023.

payment.

10. What are the investment and M&A directions supported by Fosun and what is Fosun’s positioning on offshore mining?

The company formulated the "14th Five-Year Plan" strategic planning outline in 2021. The company focuses on resources and energy

Investment and mergers and acquisitions in the field, focusing on new energy upstream resources, high-quality non-ferrous metal resources and natural