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When you get something right oldslow, you will become credible. Your 12p landed flat on its backside today, stick to your glass house mate. Your dangerous
Just filter people scarlet dont get drawn down to there level,a swamp always stinks,and yes manlord and others the market hasnt reacted as we all hope it will someday,because IF is a big word when it comes to money/risk,we know we have possibly the biggest ti mine/find in the world but until some processing of the ore has been done and costed in(i cant see why a lab couldnt do research on the core samples as this is available and we have many mtr so im guessing a ton would be enough?) and shown to work at least in theory nobody is sure of the value. maybe that would be the next step in the ladder to test using a very small test rig and scale from there. to put it into perspective when cosworth were designing a very high reving engine for the aston martin valkyrie6.5lt v12, they started with a single piston engine with a known bhp figure and then scaled it to a v12,rather than making many v12 engines and destroying them in testing to get the revs and bhp required. i dont know how they will use the acid to separate the titanite out but there must be existing machines/examples in use, per all the documented previous mines of titanite.(scientific papers from russia from memory,as disgussed previously)once they have all of the results maybe they will use any money to make a small one or maybe they already have and are keeping quiet?? a processing plant will be a easy build on our land as we are close to everything,water and acid and recycling of said acid for enviromental reasons would be my best guess,once proven the sky is the limit,, hopefully.
I'd say your sitting pretty then 😉
Average currently of 3.5p and 2.5M Million shares - used my sip transfers to buy them at the time
Kinda what they are doing currently, I think the jv wording thrown about is the current one in place with century regarding the sand debacle. No JV of sort been floated
Develop the mine themselves and mine it themselves - whats the point of a jv after that . They might as maintain and management themselves and keep all the profits they are entitled to
And breathe........ feel better?
IF EEE END UP HAVING TO DO IT ALL THEMSELVES - THEN NO JV NEEDED AND WHY BOTHER . WHEN THEY CAN SELL ITTHEMSELVES and therefore tell the so called big sharks to go frack themselves
and then perhaps so called big whales might turn eye
eee then could tell them to go ******* themselves then
IFOXX, I think your friend titaniumboy is cage fighting, ISO, certified inspector so he may shed some light to the subject.
If he isn't too busy aiming his vengeance towards me, he could contribute to your question
Also, I've not been insulted in 2 days!! That's real progress.
Yours thankfully
Green box
Any know of any for titanium that can be scrutinised and looked at their respective drill results?
Well ghenghis, this has been funded for the next 12 months which will provide all the necessary steps, the plant and requirements needed SB has assured us.
But I do agree with your evalution, when has it never come at a cost if shareholders. And I had brought up drilling methods in previous as they are a main source of costs, and up to now kept within budget. These tiny details matter, and will in turn reduce shateholder risk, dilution practice and further funding.
IF, as you say, all goes well, I think funding will get provided from other avenues and leave us unaffected. But we hope, and that's why its a risk/reward
Shaun Bunn CEO said “As expected”
And there lies the crux of today’s RNS.
Great news but not adding value until extraction process proved.
This is the mineral land of the giants so we could drill this for years & keep finding more & more & more & it be high grade from top to bottom.
MRE - proof of concept is what we’re all here for and patience will reward us all IMHO.
ML
Haha when does it ever, but there is plenty of wish lists knocking about, some I hope come true. This is a great find, I have massive scope for optimism here so it's relaxed feel. I just hate the over expectations so soon, if they put next year, or eventually or stayed within reason I'd go along with it. Because there right, just wrong time, and whether people like it or not, people buy into these silly 15p suggestions, or oldslows rerate 12p posts. And unfortunately lose a lot of money, and these are no shows once it hapoens
Oldslow
"if this is easily processed, IF, then we are a multi biliion pound company on just these 2 small area" Quite.
The market is saying just proving up more and more titanite isn't adding any value at this stage. what the market, and I suspect bigger miners, want to see is the processing proved up. That means a pilot plant ; that means capex. And that means debt and dilution of some sort will be needed towards the end of this year.
If and when the pilot plant proves to work as efficiently and economically as existing processing methods for ilmenite etc, the value here is enormous,
But that "if" remains, and that's what holds the SP back, and imho is likely to do so until the capex is clearly financed, and the product is proved commercial at scale.
I grew up in the killing fields of crypto between 2014/2016 before I became a holder, so I'm totally desensitised to the price not doing what I want. lol
WOW, 18 holes of 40 tested and per the last 40 hole tests this is the same 5.5 to 6.5% ti mineralisation through out, thats 17,035 meters tested so far FULL of minerals another 22 holes to be tested,if they are the same that will be 80 holes drilled and tested and 100% run rate this is huge. if 2% is $65 per ton then are we looking at circa $360 per ton in 2 areas 2km by 7km by 150 mtr deep only and we know its been tested to 400mtr in places,, thats over 4 billion tons of ore, the numbers are off the scale,, $65 x 4 b is $260b and 400mtr deep is $693 BILLION. IN THE GROUND ,JUST IN 2 small AREAS, we have 40km under liscence. time to build a test plant with the aussie gov. free grants then,,,,,,,
It's nice to have someone grounded, I'm only here for what the general consensus is amongst investors. I don't really ask a lot of questions, or seek tons of answers, I like the old adage of, why ask someone you can do for yourself, and I can find information i need to invest correctly myself. I'm also not in the mindset of providing comprehensive write ups of the RNS paragraph by paragraph, for the same reason I don't ask questions. This is a forum for thoughts and general opinion, some have fell short, some know the score but were not friends no more 🤣🤣
I personally think once the true value of titanium is revealed it will be hard to hold back, and proven testing for extraction. Until then this sp plateau will keep traders at bay, and that's a good thing
Lol probably.
AIM is a casino, MM are the dealers shuffling cards, long term investors are budget holiday makers who buy a few chips and sit around eating the snacks. Traders are the guys with money to throw around and make a noise to get others to notice. Institution investors are the whales.
Once I've bought back, in my ISA, I'll probably go back to sleep till next year.
I can see you being nothing but a green box to these people soon enough joe 🤣 but your a good egg
The reason it didn't pump was because there are no traders, just long time holders. How many people here bought more on this news? Who has seen this news to want to jump in?
If there were traders they would have pumped this to double or more before letting it fall down again. They may have posted charts and discussed it in forums and got more traders interested and given this more life.
Institutions are going to need a lot more derisking before they are willing to jump in with both boots.
Hopefully.. it will stay at this level with more results released, until June when a value is given?
This price action is just white noise for long term investors. We are all waiting for the plant to be built and won't be selling until then. Between now and then the price will go up and down along the way, it's just what stocks do.
Maybe if you want to do more discuss it on Reddit (ukinvesting) or other forums to get more exposure.
Problem we have scarlet is, we have the likes of oldslow who if you have an opinion you become a green box, so he is free to come on and not listen to people with differences in opinions, and can post he predicted this and will get 20 recommendations and other lot of naive followers, but on the 18th April, he also added the drill results will provide a 12.5p rerate. So you can see where in lies some issues here, with these people not being fully with it
Expect to see the remaining RC results next week with the DD to follow.
Australian government grants to follow these....potentially
I said yesterday, and I believe it will consolidate now between 8 to 10p and that is fine by me, till June, I think the next few months will be great. End of year excellent.