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6 days 16 hours ago #121490 by DearJohn
DearJohn replied the topic: DNI
I think that is why we seen a management shake up and the guy in Madahascar was let go

DNI Metals Update - Preparing for the Future

TORONTO, ON / ACCESSWIRE / November 8, 2018 / DNI Metals Inc. (CSE: DNI; OTC PINK: DMNKF) ("DNI" or the "Company"),

Environmental Licenses

DNI has put together all the information needed to properly file the documents for the Vohitsara and Marofody properties. The documents must be signed off by the Director General, "DG", of the Mines Ministry. These documents are with the DG now.

Vohitsara:

These documents were filed with the Office National pour l'Environnement Madagascar, ONE, in December of 2017, but the proper capex calculation was not completed, and the proper fees were not paid.

As per our environmental impact study and the Cahier de Charges Minieres, DNI will file for the production of 15,000 tonnes of graphite per year. The pilot plant will be capable of 5-6,000 tonnes of graphite per year. When DNI builds its commercial plant, it will not have to re-apply or file additional information. DNI is preparing for the future.

Marofody:

These documents have been prepared and will be filed at the ONE, along with the revised Vohitsara documents. As we noted in our press release last week, through an ongoing investigation, the Office National pour l'Environnement Madagascar, has determined and informed DNI that the many of the receipts and documents were falsified, and that the fee payments had not been paid. In fact the cahierd'charge and the environmental impact study for Marofody had not been filed with the ONE.

The procedures from the Malagasy Office National Pour L'Environnement, "ONE", National Environmental Office state the following:

Un permisenvironnemental est délivre par l'ONE à la suite d'une évaluation favorable de l'EIE (pour un délai légal de 60 jours)

Translation: An environmental license will be issued by the ONE following a favorable evaluation of the EIA, legally the ONE must complete this within 60 days.

The ONE will need to visit the properties twice. DNI is hoping to complete this within the 60 days.

OFFICE NATIONAL POUR L'ENVIRONNEMENT

NOTES SUR LES PROCEDURES MECIE (EIE)

Le dossier est dépose, contre accuse de réception, auprès de l'ONE.

Le promoteur contribue aux frais d'évaluation de l'EIE (art. 14 nouveau) selon le niveau de son imiestissement, aux barèmes suivants :

0,5%du montant de l'investissement matériel lorsque celui-ci est inferieur a 2 milliards de ARIARY

2 millions de ARIARY majores de 0,4% du montant de l'investissement matériel lorsque celui-ci est compris entre 2 milliards et 5 milliards de ARIARY

7 millions de ARIARY majores de 0,3% du montant de l'investissement matériel lorsque celui-ci est compris entre 5 milliards et 25 milliards de ARIARY

32 millions de ARIARY majores de 0,2% du montant de l'investissement matériel lorsque celui-ci est compris entre 25 milliards et 50 milliards de ARIARY

82 millions de ARIARY majores de 0,1% du montant de l'investissement matériel lorsque celui-ci est supérieur a 50 milliards de ARIARY

Les frais d'évaluation sont versés par l'investisseur a un compte spécial ouvert à cet effet par l'ONE et acquittes avant toute évaluation environnementale de l'investissement.

Mode de paiement:

Virement bancaire

Remise de chèque : Cheque barre libelle au nom de !'Office National pour I' Environnement.

Un permisenvironnemental est délivre par l'ONE à la suite d'une évaluation favorable de l'EIE (pour un délai légal de 60 jours)

New Madagascar Team - In Place

Dan Weir, the CEO of DNI, has taken charge of all of DNI's Madagascar operations which includes, but is not limited to, obtaining the environmental licenses for its Vohitsara and Marofody properties. The new team, which includes inhouse legal counsel, government relations personal, an office manager, and a CSR consultant.

As DNI constructs its pilot plant and ultimately larger scale production, additional team members will be required.

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3 weeks 4 days ago #121412 by howlem2
howlem2 replied the topic: DNI
Brutal news at the end of this morning's NR:

Environmental Licenses

DNI had been promised the environmental licenses would be completed early in 2018. DNI had been given receipts and documents to show that the licenses were progressing and that the fees had been paid. Through an ongoing investigation, the Office National pour l'Environnement Madagascar, ONE, has determined and informed DNI that the many of the receipts and documents were falsified, and that the fee payments had not been paid. In fact the Cahier d'Charge and the environmental impact study for Marofody had not been filed with the ONE.

DNI is now aware of what needs to be completed in order to obtain the licenses and is rectifying the situation.

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4 months 2 weeks ago #120797 by RonS
RonS replied the topic: DNI
howlem, welcome, I have to approve the first couple posts, just one of the lines of defense against spammers, you are good to go and your posts will show right away
The following user(s) said Thank You: howlem2

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4 months 2 weeks ago #120793 by howlem2
howlem2 replied the topic: DNI
Thanks Gambler - I've been hanging out in the shadows for a couple months now. Happy to be learning from the other posters here!

Mike

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4 months 2 weeks ago #120792 by Gambler
Gambler replied the topic: DNI
howlem welcome and glad to have you aboard

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4 months 3 weeks ago #120786 by alexgreat
alexgreat replied the topic: DNI
Thanks, no news on stockwatch yet?

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4 months 3 weeks ago #120785 by howlem2
howlem2 replied the topic: DNI
In case anyone hasn't seen it...

DNI Provides Update on Environmental Licenses for its 100% Owned Vohitsara & Marofody Graphite Projects in Madagascar and Hires New CFO

TORONTO, ON / ACCESSWIRE / June 28, 2018 / DNI Metals Inc. (OTC PINK: DMNKF) (CSE: DNI) ("DNI" or the "Company"), is pleased to provide an update on the status of Environmental Licenses for its 100%-owned Vohitsara and Marofody graphite projects in Madagascar.

The "Cahier des Charges Minières" (see explanation below) were delivered to the Company on May 18, 2018 and June 11, 2018 for Vohitsara and Marofody, respectively. As a result, the environmental licenses are expected to be received shortly.

Dan Weir, CEO, commented, "We are excited by this outcome, having both environmental licenses will give us greater flexibility as we build the pilot / small scale production plant."

Vohitsara

As previously reported by DNI, commercial production was subject to completion and fulfillment of the requisite environmental impact and social responsibility ("EIE" & "CSR") studies and obligations. This study was filed with the Malagasy government in November 2017. It has since been reviewed and the Cahier des Charges Minières for the Project was delivered by the Mines department on 18th May 2018.

Marofody

DNI completed the purchase of its second Malagasy graphite property, Marofody, at the end of October 2017. The Marofody license is contiguous with the adjoining Vohitsara property (refer Figure following) and the Company plans to advance the two projects concurrently. Marofody contains several historical graphite workings (c. 1935-1960) and there is extensive mineralisation exposed within the property. The previous owner completed non NI43-101 compliant exploration which returned positive indications of graphitic carbon of equivalent tenor to that contained within Vohitsara.

VHT_MRF_Combined_Geol-2

DNI has transferred the Permit, 8904, to DNI's new wholly-owned subsidiary, DNIM Holdings No. 1 Sarl. DNI had also previously lodged the EIE report with the Malagasy authorities in February 2018. This report has been reviewed and the Cahier des Charges Minières was delivered by the Mines Department on 11th June 2018.

Cahier des Charges Minières

The Cahier des Charges Minières or 'Mining Specifications' is issued to companies that have completed and lodged an EIS/EIE. The document governs the totality of the Company's planned operations within its Mining Permit; inclusive of near-mine exploration, development, production throughput, community relations, environmental management and post-mining rehabilitation programs. It is the prerequisite to obtaining the Environmental License.

Dan Weir, CEO, commented, "We were attracted to Madagascar because it is known for its large flake, high quality graphite and because Madagascar has a modern and transparent Mining Code. Additionally, the area in which our Projects are located contains excellent infrastructure and port facilities and the mineralisation itself is hosted within soft 'free-dig' material called saprolite, which greatly facilitates commercial extraction and processing.

Having full commercial permitting for our primary project will give DNI a significant advantage to advance its graphite pilot plant / small-scale production plans."

New CFO

DNI is pleased to announce that Mr. Ken Storey will be joining the company as the Chief Financial Officer, CFO.

Mr. Storey is a Certified Professional/Management Accountant and Business Analyst with over 25 years of private and public entity accounting experience. He brings a solid background of financial expertise, operational and business experience to DNI, including financial reporting, restructuring, acquisitions, strategic planning, treasury and risk management. Prior to joining DNI, Mr. Storey held senior financial positions in a number of publicly traded, international companies, including Dundee Corp., Vinci S.A., Caterpillar Inc., and Dundee Precious Metals. Mr. Storey attended The University of Toronto and obtained his professional designations in the early 1990's.

Ken brings African experience having lived and worked in Namibia during his tenure with Dundee Precious Metals. Ken worked directly with the local leadership and senior government officials in Namibia.

Dan Weir, CEO, commented, "As DNI moves to the development phase, Ken's operational, production and African knowledge, will be very beneficial to DNI."

About DNI Metals

Certain advisors and directors of DNI have significant operational experience at historical hard rock graphite mines in Canada (e.g. Ontario and Quebec) and Australia. Between them, they have built three (3) processing plants and designed two (2) others; all, which were shut down in the 1990,'s due to increased Chinese competition. Keith Minty, a director, previously worked at Cal Graphite near Kearny, Ontario.

It was our team's understanding of the high production and capital expenditure costs associated with so-called "hard rock" graphite mining that inspired DNI to search for saprolite-hosted graphite deposits.

Certain parts Madagascar and Brazil, produce graphite from weathered material called saprolite.

According to Dictionary.com, saprolite is described as:

"Soft, thoroughly decomposed and porous rock, often rich in clay, formed by the in place chemical weathering of igneous, metamorphic, or sedimentary rocks. Saprolite is especially common in humid and tropical climates. It is usually reddish brown or grayish white and contains those structures (such as cross-stratification) that were present in the original rock from which it formed."

DNI owns two permitted, saprolite-hosted graphite deposits in Madagascar; located 50kms from the country's main seaport. The deposits are located less than two (2) kms from the paved national highway. DNI intends to develop the Vohitsara project, should the economic viability and technical feasibility be established. DNI has not yet established mineral resources or mineral reserves supported by a PEA or mining study (PFS or FS).

DNI has a graphite wholesale business, in which it buys and sells high quality graphite.

Steven Goertz (MAusIMM, MAIG), who is a qualified person, approved the technical disclosure in this news release.

DNI - Canadian Securities Exchange
DMNKF - OTC
Issued: 100,882,580

For further information, contact:

DNI Metals Inc. - Dan Weir, CEO 416-595-1195
This email address is being protected from spambots. You need JavaScript enabled to view it.
Also, visit www.dnimetals.com .

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5 months 3 days ago #120747 by lynnsa10
lynnsa10 replied the topic: DNI
new video on DNI May 24

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8 months 4 weeks ago #120170 by lynnsa10
lynnsa10 replied the topic: DNI
Bought a good position in this one too. Here is another video from Youtube. I think it is much better, you can see the info or slides much better than Ascenta video

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8 months 4 weeks ago - 8 months 4 weeks ago #120169 by ron
ron replied the topic: DNI
no problem Gambler,just want this puppy to succeed like REZ.
Last Edit: 8 months 4 weeks ago by ron.

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8 months 4 weeks ago #120168 by Gambler
Gambler replied the topic: DNI
Thanks for starting topic Ron, did not notice until the alert from Alex. I pasted in the video here, thanks for the link

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8 months 4 weeks ago #120167 by alexgreat
alexgreat replied the topic: DNI
Added some more to my position on this pull back

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