Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Nicely summarised
https://www.weare121.com/121mininginvestment-london/capital-metals/
According to the following post from CMET
"Near term development & production with first output expected in early 2025"
https://www.linkedin.com/posts/capitalmetals_capital-metals-aimcmet-high-grade-long-life-activity-7191680866044022785-YqIZ?utm_source=share&utm_medium=member_android
Found this
https://stockhead.com.au/resources/titanium-sands-just-got-land-access-for-its-2-billion-mannar-island-heavy-minerals-project/
Looks like fund raised for the above project and nothing to do with CMET. I may be wrong
We were well over 10p before our licenses taken from the GSBM. Now we are in a even better position than previously as all the legal implications has been resolved and much better relationships with SL government, GSBM & BOU.
Less than 10p would be a criminal for a asset with so much of potential.
Toffers,
You may be remember my following post
"xel123
Posted in: SDRY
Posts: 862
Price: 32.95
No Opinion
RE: IG Private Investors with short…..7 Mar 2024 09:11
Good morning all
I'm thinking something out of the box.
What is the possibility of JD taking this private by doing something similar to Parsley box (meal) ?.
He has a good stake in the company and if he get more large investors on his side then we small investors will get very little to nothing.
Not a de ramping and just a another possibility"
You said this is not AIM market and they cannot do things like that. I think this is what exactly he is planning to do unless someone else comes with a new bid.
Good luck all
Garydev2
This is a genuine question and don't get offended or offensive (abusive)
You have posted 20 times today and 208 times in the last 30 days. What is your actual motive in here?.
I do believe you have a right to post in a public group as a holder, trader or a shorter.
I'm just curious to know your position here. Of course its your decision to reply or not. Good luck with what ever your position in this share
# Cash in excess of $4 millions
# No debt
# Full backing from the SL government & GSBM and more explorations imminent to maximise the portfolio which will maximise the potentials significantly.
# Industry leading 2 companies (LB & Shefield) are bidding to become a JV partner and should be with in next 60 days.
# NPV - lowest $150 to 225 millions. Could be multiple of this with the enhanced licenses and resources
With all these , Market Cap is $13.6 million. Shocking isn't it?
Hopefully we will a value correction soon.
Good luck all
They have updated the investor relation with this news. Promising !!!
https://www.sheffieldresources.com.au/site/content/
I also think bid for the whole company will be an option for both LB & Shefield.
Look at these numbers
"The Project has highly attractive economics with post tax NPVs based on the 2022 Preliminary Economic Assessment* ranging from US$155-235 million, capex of US$81 million and Base Case total revenues of US$645 million over an initial 10-year Project life "
What would be a offer for the whole company based on the above numbers ?