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Yeah 720 is nothing of I can buy 1% of that in an hour from my spare change in my trading account. I guess its relative if you are poor then ita a lot I guess.
NEWS: study never completed.
https://www.junominerals.com.au/projects/mount-ida-magnetite-project
Helpful, you may want to read this:
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/jupiter-mines-optimistic-on-iron-ore-spinoff-as-dso-projects-gain-more-traction-60355352
Guess what, Mt Ida will never be a project, not even a feasibility study 10 years on. and 9 years ago the feasibility study was shelved, because ...wait for it, the cost then to get it our of the ground were too high, and guess what costs have tripled since and the price of iron ore is less than is was in 2013... so royalty is meaningless and worthless.
News.... 40% aretighly held.... that only leaves 720 million shares to be free to trade then, you interpret that as tight do you?
I'll ask if he would be willing to give a more formal chat / interview with shareprofits Zak more I'll introduce them if they don't know each other. A bit of publicity wouldn't go amiss hey.
Typo: Insiderknowledge, the poster.
I was not here in 2010.
Yes, Insiderknowlede, could you congratulate Mr Bell on my behalf. I always like when someone can get ahead of the curve at Mt Ida. I was here in 2010 but someone on the other forum said Bell bought some land in Oz and turned it into £11m and £19m which turned out to be Mt Ida?
Also, I hope Mr Bell will unlock value at Mt Ida @1.85 Bt tonnes of MAGNETITE iron ore in W.Australia - I cant think no one has not asked. If investment is chasing magnetite after Sino's results out today ie $1.3 bn profit from magnetite iron ore in W.A, then lots would be interested now in Mt Ida [for context Gina's Roy Hill is 2.4 Billion tonnes so a MASSIVE ASSET with FS done.
Sino is Chinese owned so I hope they will SELL MT IDA BEFORE HE RETIRES as he said.
Everyone in the investment industry will be going through big projects in magnetite iron ore in W.A and Mt Ida will show up on the data.
HUGE PAYMENT FOR JUNO-I AM SURE BELL CAN CONVINCE THE M.D given this is the same team as in Jupiter.
Thank you. News. 4.5.22
I can do that anyway for you. Im busy until 11 but ill call then. Anything else tou would like me to ask? Often the bod of co.panies are quite helpful and follow the rules mind you so cant divulge excessive amounts.
Insiderknowledge
Several days ago, I keep trying dummy and there was a limit one could buy.
If you do manage 2.99%, then could you do us a favour and ring RRR to ask about A.Bell.
Usually, the Secretary will say Mr Bell is not in the office. And you could say that you are asking as RRR tweeted and Mr Bell's voice was heard speaking with the Exploration Mgr of RRR Cote d'Ivoire. So, a flight to Cote from DRC CONGO or from CONGO to Cote.
Means Bell is NOT in Blighty. Thanks.
Hurm why is my trade showing as less than the actual and as a sell??? Funny games mms funny games
Ah it's showing up now :) delayed trade
Well if 40% are locked up that explains the problem why i couldn'tbuy lol.
Meh its only 0.5% today I go up to 2.99% so I don't have to release a TR1. I had to do that before, a real pain. I'll but spme more tomorrow if the spread closes again.
InsiderKnowledge
There are only 33 trades today. Someone said on the other RRR forum that the shares are very tightly held and so if there is more buying, then.......
No wonder why today, it was difficult to buy. LoL, you were at it till almost the close.
Maybe, you will soon join the top holders. A/c to the said poster, 40% are tightly held by the big holders.
Funny they have no listed this trade on here or the duel listing.
P.S.
Mr Bell told Poactive on 29.4.22 that he is GOING TO THE CONGO.
This is about the $5m +$15m from Musonoi, DRC [50.1% to RRR].
Mr Bell also mentioned "EQUAL LICENCE/SPLIT PROPERTIES" relating to this visit to Congo to get the money as he said?
RRR tweeted today and I heard Mr Bell's voice speaking to the Expl Mgr of RRR Cote d'Ivore.
So, maybe Mr Bell is in Cote or went to Cote FROM CONGO?
The co that has got 75% of Musonoi is an international listed in HK with a mkt cap of HK $12.8bn [Jinchuan]. They started construction in 2020 and in late 2021 they said they borrowed US$350m to develop Musonoi, DRC. So, until it is SORTED OUT with RRR who own 50.1%, NOTHING CAN PROCEED as norm? 25% of Musonoi is owned by Gecamines, the state mining co.
Everything fell through .I was here in 2006 I think. And still nothing has come close to coming out the ground!
Answer:
The big shareholders [plural] will NOT allow placing.
A.Bell was voted in by a "LANDSLIDE" at the last AGM [see S.Prophets reporting on this].
Since then, NO placing and the interims RNS on 29.4.22 show cash position.
Andrew Bell ,CEO in his 29.4.22 interview with Proactive [irons in the fire] answered Katies Pilbeam''s question on this to which Bell said: We can always sell something.
In this regard of $$$, Mr Bell also said; "MONEY BACK FROM CONGO."
"FIT FOR US$250M LITIGATION OUTSIDE CONGO."
"OFFER FOR OUR ASSETS [plural]."
---
Today, Helpful told us that RRR's MUSONOI , DRC was sold for US$250m by the "back door" and how much more if it is front door as norm.
On the other RRR forum, one poster also posted about "OFFER FOR OUR ASSETS" so we have to wait for a further update.
So, perhaps the interview has not been taken in or MISSED?
There was NO placing at interims either @29.4.22 [Fri].
Do I buy another 0.5 tomorrow? :P
Placing shot, more dilution coming
I bought 208238 at .47 as well to test the upper bounds :)
Insiderknowledg [poster] Your header that you smashed 0.45p.
It closed LIVE 0.47p to buy +26%. So someone may have been at the buy after you.
Wed, 4 May 2022
Wed, 4 May 2022.
Total bought. 6,652,552 shares
.
Went straight through no worries @.4461