Member Info for westie50

All the best TP3 and other EML investors

Afternoon Trev79. Many thanks indeed for your very kind words from a few days ago.

A while ago i took the conscious decision to stop posting on here mainly because the board has descended into a breeding ground for undesirables who purely wanted to argue in a nasty fashion and have no apparent interest in decent discussion. Of course, like your good self, there's still a few very decent posters left and I continue to read yours and their comments with interest.

FWIW I'm still positive re EML despite the current sp. I believe there's a lot going on behind the scenes. I might post again in the future but for now i'll retreat to the sidelines again.

Yes I have no doubt the revised FS when it takes place will show an increase in costs. I had estimated in my own mind possibly A 10% increase but some of this should offset by the increased potash prices. I'm still confidently holding and have been for 6 years now!

Danpam - thanks for your excellent post. That was a very good read.

RLL93 - I have always been optimistic re EML unlike many others so I share your positive sentiments

Have a good evening Chisler. Try not to twist my words in the future.

Oh and some more spelling assistance for you:

indepeedent And amateaure are wrong. You could also have a peep at begginers. I’d invest in a spell check to avoid you looking like a complete plonker

You’ve lost me Chisler. Oh and the correct grammar is “ I draw your attention” not you’re

Your posts are precisely the reason why I don’t share anything on here.

No

It doesn’t you dimwit. Have you not got even the most basic grasp of English. Just because I have messaged him doesn’t mean I know him. In that post you refer to I didn’t say I knew him so once again stop twisting my words

Where did I suggest I know Hayden Chisler? Show me the post or stop twisting things

Oh Jesus Chisler you really need to do some basic research. I’ll give you a hand though - go to the EML website click on the link “about us” then go to “board and management “. There you’ll see a pretty picture of him. If you don’t believe that then go to the AGM notes where you’ll see he was re-elected.

As far as contacting him in your behalf - I’ll stay polite here and kindly say do it yourself. As far as sharing anything on here right now, you’ve got no chance due to the toxic nature of the board and the amount of dimwits (barring a few) populating it.

No he's not gone anywhere Chisler. He's still commanding a salary as a director of EML. He's a finance expert and will have a hand in finalising the funding agreement. So he's doing plenty of work behind the scenes. I suggest you message him if you're in any doubt how much work he's doing

GC has previously commentated it's unlikely finance will be in place before Q4. I'm sure we can assume work is currently going on to update the 2020 FS and produce a BFS. I'm sure also communication is continuing between potential financiers and EML.

If the permit lands soonish and the above is a given, then surely 3/4 months would be sufficient to have finance in place with a view to starting construction by the end of the year. Unfortunately with the lack of communication between shareholders and the company, this is all a guessing game. Stating the bl****ng obvious but surely when the permit drops, there'll be a new round of media interviews and communication will improve? Have a good weekend all.

Recommended post BTS. Spot on as usual

AimTD - Did you hear that from the BOD or another credible source?

It’s no doubt the lack of communication from the company hasn’t helped. I’m hoping that’ll all shortly end and we can move on to discuss the next stage - financing, updated FS, BFS followed by start of construction. Have a good day.

Good morning Ideas. Thanks for your very full response and apologies for the late reply.

I remember reading all of the literature you have posted and can see where you're coming from. My point was that at no point did they say a final meeting had actually been arranged. There's many quotes where they state they hope a final meeting will take place but nothing to say it WILL take place (i.e. a date given). As I commented earlier, i don't believe the notification of a final meeting will be RNSd, only the result of that meeting after it has taken place.

Anyway thanks again for your response. I'm sure we can both agree we hope for that final meeting in the very near future.

Ideas - I think your "final meeting" quote is misleading. There will only be a final meeting when the Moroccans are ready to issue a permit and that final meeting will not be RNSd, only the result good or bad would be RNSd. I don't remember any RNS which has referred to a 'final meeting' Kindly direct me to exactly what you're referring to.

Happy to discuss your other opinions and thoughts which i don't agree with either

Evening Trev. It's a shame some decent posts have been removed. As I said earlier I have a few filtered mainly because I really can't be bothered in reading their uneducated dross so i can only assume it was something one of those posted which resulted in the deletion.

I'm as frustrated as the next person. I don't think we'd be normal if we were totally happy with the fact this damn permit has been going on for over 2 years. I am of the opinion (still!) that if it was going to be refused then it would have been months and months ago. I also agree the communication has been diabolical to date and as investors we deserve better.

Having said that, I know the BODs are very upbeat and it's for this reason I stay positive. Liberium have said H1 for the permit. They would lose a lot of face if this didn't happen and surely they didn't make this prediction with no basis? Then there's the Singaporian funders who wouldn't just commit cash for no reason.

I've always been positive unlike some (maybe wrongly) and firmly believe we'll see something by the end of the month. If and when this happens I hope we can all move on and look forward to the massive potential which is EML to be realised.

Hayden is more a money man, so the fact he is continuing as a director says to me he'll shortly be earning his salary to help secure the best financial deal for us. He has a lot on his plate with Marimaca so there must be a need for his expertise with us. GC has a wealth of experience in building and running mines and should come into his own later this year. I do hope also he (or preferable Hayden) will do the media rounds when the permit is granted. We need the sp to move on as we've been suffering long enough. I've lost track of how many years i've been here (5+ I think) so like everyone we want to see some return for our investment. I firmly believe GC is the best man for the job and the other directors should see us through the finance stage.

On your 'cost' question. Most definitely the FS build figures will have increased possibly by up to 10% but by the same token the potash price has risen so in my own mind, things will balance out. Either way, we still have an impressive asset with high earnings potential.

To finish my question is what was the reason for the 300m shares potentially to be issued and mentioned in the AGM statement? Surely that's too much to allot to the directors so I'm wondering if it could have something to do with the equity portion of financing? I'm guessing but would be interested to hear opinions.

Evening all

As our comments from earlier have been deleted i'll just repeat I empathise with your posts and thoughts. I'll just say have a little more patience. Always happy to read and discuss your posts. Have a good evening.

Looks like it DShox. From the posts I read I couldn't see any issues but then I have quite a few filtered

Correct me if i'm wrong but H1 doesn't end until 30/6 - so a month and a bit to go