Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Nothing new then, it would seem that production is still reliant on their rust bucket washer, which, judging by the lack of up to date production figures, is not reliable, otherwise they would be boasting about how they are increasing sales.
The last day to report results as usual is never a good sign, it would be great to be proven wrong!
Well, nothing unexpected financially with a c£150k loss per month. Still believe we need to be at about 8k tonnes during the summer season based on those figures.
I'm disappointed there is little on future strategy and diversification though.
GRIM RESULTS.. the more they produce the more they lose...
The delay in the results was pre COVID, it was left to the last minute to notify the markets. I'm not sure if the correct date, not that it matters it is irrelevant and down to the previous management, I certainly won't be arguing over it, the current management have left things to the last minute so until the results are posted we are in the same position as we were with the previous regimes, I was hoping for something a little better . We shall see if that little red dot appears at 7am.
No doubt your fingers will be firmly crossed again, lol.
Wasn't that the Covid extension esquimo?
The interims will be out tomorrow.
It was some years back but you will no doubt recall EDL getting an extension on the reporting period when they were in the deep do do.
If no accounts by tomorrow are they suspended?
In fact everything is remarkably silent!
I did think the results would be posted today, still time yet I suppose.
I think we all know that the results will be dire but the update to now and forward looking statement should be interesting, that's if we get one.
We shall see how today and tomorrow progress.
Looks to be sausage 🤔
Maybe start here - https://www.lse.co.uk/rns/EDL/strategic-investment-and-board-changes-44q615ipk4ngw2h.html
catch up - a lot more than that to two investors and its very sticky hands
qgc is *****on - billionaire - south african miner lots of experience with coal
gci - jason brewer of marula
this will be huge very soon
https://twitter.com/shukaminerals_/status/1671885434157400064?s=20
Did someone just go from 0% to 18%????? Re Holding RNS
I agree but jeez how long has it took 12 years or so
Hardly the same company now. Personally one worth investing in now
Shuka means parrot hope this ain’t going to be a repeat of the last 10 years or so
??????
Parrot 🫣
Of coursxe its potential and suspect - how could i be 100%
Show me a share where its all guaranteed and fact - if that unicorn exists itll have little of no growth
Ive done what DD i can and im happy with my risk reward ratio - guess over coming months we'll see if im right or not
Nothing moves up in a straight line but as long as the trend is up im a happy investor
Thinking this will follow a similar trend to maru - but everyone DYOR and take positions - or dont - your choices
Those magic words potential and suspect.
No idea - but things change and im very confident whatever the asset theyve done suficient DD
You only need to look how Marus blesburg stockpile was once a waste dump and now has a potential value over $300m - that requires no mining and little processing - i suspect that will bring revenue of well over $100m a year
So whatever the zinc asset if similar im very happy
Add on days like today before she moves up again.
I hope that this is nothing to do with the old BMR Kabwe tailings "asset". Any BMR veterans will know to stay well clear of that!
Update to link as deleted last tweet due to idiots
https://twitter.com/Chuggley1/status/1670386332806291457?s=20
Lots occurring
https://twitter.com/Chuggley1/status/1670116105220661250?t=gTBv6bJZOWKe50-Vo4Uvkg&s=19
Hanging in??? Not even started yet - imagine once news does start flowing
Nothing happens over night and am pleasantly surprised at rise on Saturday but people know whats happening and whats happend on Maru will happen here
Already on QVC Web site there's mention on a new zinc producer that looks like its coming our way - worth a cool $1b