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We will know days before the rns if recent past is anything to go by
Its has to drop, they were waiting for the mining licenses, last bit of negotiations, now paperwork at solicitors being checked over ready to sign all IMO but i think its very likely
I hope you are right Nap, to have news of a Jv this week or next would be fantastic ,we live in hope but if we do get it with all the details and the share price does not rocket ,I really will be a Moonmonkeys Uncle.
RNS Thursday with all details and progress to date
I have the contact details at the ready :-)
https://www.stratstone.com/dealers/aston-martin-manchester/
We should be nearing a conclusion on any negotiations
Napth
Yes it probably was.
But it will have focused the minds of our neighbours who would value the access through our tenement
Cj imo that was used as leverage but lets see
Yep i think its coming very soon
Gla
It would be useful for some clarification of AA position.
They have two bid interested parties, which makes the JV with ourselves a very low priority from their point of view.
I do hope this does not cause any delays in our decision making.
" A number of proposals on the table, which are under review "
Let's hope all will be revealed soon :-)
Ha napth you forced me to relisten
So ive had a re listen and imo they have split the licence up as they sre in discussion with 2-3 surrounding jv partners and this will allow things to move quickly as part of the deal.
I expect a iron ore jv to be announced this week, could be next but i expect this week
https://youtu.be/9u5DyNaRKOo?si=P6o0blUUco2b47tb
As long as it keeps above $100 per tonne Cj we should be relatively happy,lets just say now we have the licence over the next couple of months things should start happening and that share price, should start moving North.
Prices for iron ore cargoes with a 62% iron ore content rebounded to $118 per tonne in May, the highest March, as increasing demand was met with uncertain supply. Fortescue noted that shipments for the year should be at the lower range of its guidance due to problems in key mines, limiting supply out of Australia. This coincided with robust global demand, as the latest data showed that Chinese steel exports surged by over 25% from the previous year in March to nearly 10 million tonnes, the highest since 2016. This was magnified by growth in foreign new orders for manufactured goods according to April’s official and private PMIs. Still, persistent concerns over the country’s property sector capped iron ore’s rebound. Beijing relaxed home purchase restrictions for the first time in 13 years to stimulate home buying, mirrored by the previously robust Chengdu market. While the changes may support properties in the near term, the increasingly desperate measures highlight consumer weakness.
https://tradingeconomics.com/commodity/iron-ore
This one is a cert in the 3.30 on Monday it called plum.
Nothing will catch it it’s only carrying a stone. 😂😂😂😂😂
944T
Cj haha lol
And you are here with us???
You can lead a horse to water etc .......
Goes a long way to explain why you older guys are still here, chasing a dream profit.
Punchestown 5:25 good outsider about 25/1 DEE CAPO e/w claims
I think Lucky Legs in the 3:30 at Doncaster looke every bit as good a long shot!!
Hope the Parmo chef guy up in the north east isn't too devastated by the current price. We seem to have lost a few good & hopeful folk along the way.
If you have sometime to spare this weekend, take a look at De Grey. Looks excellent and not suffering the Lassonde curve orphan period. PI's on Hotcopper are all over it.
yeah not against in house . but do we trust the management so far to not **** up in house solo attempt. am not filled with confidence perhaps a jv with miner lowers the risk here overall. end of day we went profit on the balance sheet
@Smiller for me its about getting into production with the least risk and the most upside we can generate over the first 2 years of the Hank project.. this gives us a chance at consolidation of the company finances and a way forward to bigger and better things..
I would be happy with JVs all over the portfolio if it meant growing the company to be much larger.. but i would like to see Hanc0ck remain "in house" until we can see the true value of the rest of the tenement..
Norm I also like the AA deal if we don't get completely bend over with the terms. Also bigger picture if you build up that business relationship they might want a look at munni munni for PGM