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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
Onetimepost!
Exact same thoughts
Onetimepost,
Completely missed that. Thank you.
Well, based on that LB has agreed yerms with CMET.
What we waiting for now ?
What is the connection between TSL and Shefield ?
This project is worth up to $2 billions
This tells us the potential size of the our asset would be.
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 are getting closer and closer..🤞🤞🤞
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
Are we expecting any other news before thre big news ???
No one is selling in big numbers , last 2 were £20.00 worth of transactions. Hardly anyone selling
# 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
Why these 2 companies have exclusivity period ?
Does that mean any other interested parties also there ?
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 ?
Wouldn't sell anything Timmit. Waiting for the bigger price 😁
Can sell 500k at one go 2.96p.
Looking good