Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Wise,
I dont mean any haste at all, however it must be mentioned you’re showcasing a poor understanding of CAPEX projects and what is required, by continually countering / ramping via old (failed before) news.
I’ve personally worked on major CAPEX projects for a long time.
If i was part of the steering groups/stakeholders/board I’d be sat wondering how we begin to claw back such a negative schedule impact.
Black & white this is now a 2025 conversation
I'm happy I have some time today to counter some of the lies.
DFS is majority about the deposit and not the location - it's a fully established new location with support for all sides.
Were in stronger position today than at any other time and these posters act like there unaware of the effect there posts will have on detiring others. There non in a don't want the SP to rise. Or speak about any of the positive of today's Rns or any of the near term news flow that follows.
I will keep reporting the lies and misinformation but look forward to the Grant as then I won't have to post at all anymore and the bashers wont have anything left to say. Worth watching the video shared and covered earlier about the Just Transition fund, yourd think holders would be talking about this now it's so close.. But we have 40 posts of majority FUD from those not in - who will then call me a ramper instead of one of the only sharing the facts or where we are now and what's coming.
The Just Transition fund
Innovation fund
Net zero act
And CRMA are all great for us and all have been signed over Q4 and Q1. Back above the banks price on the grant
I'd argue very strongly that going into interviews repeatedly saying the DFS is going to be delivered by 'x' but won't affect timescales, then announcing a new location with a long rail link from the mine does constitute bad communication, and that's without everything that's gone before.
A positive development it may be, but if it can't be explained how positive, or what any of the other key timescales this affects, nor what effect this has on the project economics, timescale to DFS/mining, etc. etc.
You get the point, it's a bit of a joke
*fire
Certainly is bad news for traders but if you hold long then it's still even more of a waiting game KC will be laughing his socks off today and a sigh of relief he has something to blame the none appearance of the DFS on
You have made some quasi-valid points but the baby steps this company is making towards progress would try the patience of Job. China would have had this mine up and running years ago. Europe seems like it’s in a straitjacket half the time.
Not bashers. Constructive criticism. Hard to see how adding a large additional handling and rail loading facility the another rail receiving facility at the new location can reduce costs. This is clearly a prime example of too many cooks. God help us that every man and his dog, both corporate and political have their pennies worth at each step. A mention of timelines would maybe made this new pill easier to swallow. I imagine it will happen eventually but not rapidly. Hope the trains are electric!!!
It wasn't communicated badly
Local, regional and government alignment reconfirmed for the Project that it's coming onlinr
Lowest capex and opex - but it assumed that people would realise a change in site doesn't mean At all, a restart of DFS
It's majority complete and now can be readjusted to this well know site. Today's news also speak to the phase away from coal and replacement of green jobs - showing even more support for us to recieved the JTF 49mil grant.
I will keep reporting lies as false and misleading information and rudeness and covering up the facts with nonsense as abusive disruptive - I recommend others do the same
My personal take; not looking to convince anyone so feel free to ignore or whatever you want
I'm operating from a belief that fundamentally what is contained in this release is truthful. Laugh if you want, call me naive but that's where I'm coming from
I believe that considering the pictures I have of the original site and the new site, it's possible indeed that DFS is further delayed (which for sure is a bummer) but that permitting and production are brought forward
This is imo bad news for traders and those looking for an early exit but for those in the same boat as me, looking to extract maximum value and aren't in a rush, this is very good news
I have no idea whether this pushes back offtake and FID but I'd assume so. Once again bad if you want to make less profit from this investment but to make it fast, but irrelevant if you want to make maximum profit and can wait a couple of years
I personally still believe this doesn't increase the chance of dilution in the form of a cap raise before DFS
Truthfully I'm a little annoyed that DFS will take longer - and even on this note I'm inclined to agree with others that this will probably take quite a long time, like 6 to 12 months, but until we learn more I hold out some hope that the DFS tinkering might be relatively minor and the delay might be less but I'm not overly hopeful of that - but my overall position is that I'm happy to read this announcement because I'm of the belief that I'll make more money and that my exit point will come sooner
I know that Colin but I doubt the DFS was going to drop this month anyway this would have been known well in advance and Keith would have been rubbing his hands at the get out of jail free card
With all the infra structure alterations required by the major Czech departments of course there must be a delay in the DFS to accommodate their requirements.
The negative comments on here by the non investors are only to be expected. Ignore them.
Again, are you guys being neive or purposefully lying?
Todays news doesn't Not mean a restart of the DFS - the DFS is majorly complete and no gets adjusted to the new well know site.
+ no one is speaking about the multiple pieces of new term news flow.
I'm not a ramper - I share facts and info
But there's multiple posters, who clearly don't hold who are now jusr straight lying. Unclassy and unattractive. But will silly shortly
Could have been communicated better, perhaps?!
Absolute disaster but what a mess assuming DFS isn't going to be this month at all with the fluffy spouted about better capex opex from KC just a mess.
Deliberate lies and falsh information Skelly - I recommend all report him
Theres no year of dilution, were funded approaching a grant more than the mcap on the coming weeks. Which you keeping to cover up
https://youtu.be/UPTqsrmTfAE?si=BK3wYGXh_1nI5sac
Todays news also helps towards that. Today we're derisked by confirm support from all levels for the Project to come online. DFS is Largest majority complete. See through the lies and mi's information
https://www.lse.co.uk/rns/just-transition-fund-approves-cinovec-project-hvgte7a76r3slkw.html
https://www.consilium.europa.eu/en/press/press-releases/2024/02/06/net-zero-industry-act-council-and-parliament-strike-a-deal-to-boost-eu-s-green-industry/
Everything is on EMHs side to succeed and non of it is priced in. Today's news also means lower capex and opex. Non of which the bashers are speaking about
The rampers really need to stop.
We’ve just been told in corporate jargon there is no DFS and it has to be started again because the whole facility has now been scrapped and we need a new one.
This delay is hugely detrimental to a a company’s CAPEX project delivery plans.
If you don’t understand that you’re really in the wrong game here.
Are we all ready for fingersxd/wiseowl/wiseinvestor/reversal posting in early December about an early Christmas present DFS RNS? What will that make it? 5 years running now?
The biggest disgrace is the complete lack of any timeline here again. This is not acceptable. At least we won’t miss a timeline if one doesn’t exist
Downside? Another year of delays......
Another year with more spending and no income.
Another year of share dilution....
Yes, you are right, very positive news and I hope that the price will remain at these levels for some time, I want to buy more shares..
So many posts from people trying to keep the share price down - today's news was a buy signal and the dip is op I will take
The Grant now worth 6million more than the mcap which isn't being discussed and info about keeps being covered . Today's news shows were supported and coming online.
I don't no if it's nievity or known lying
A DFS is majorly about the deposit and not the sit - this is well known site and we know have support for all sides. DFS is still majority complete and this no lowers capax and opex. Also gives. Confirmation Cinovec is wanted to come online by all party's and it's happening - while the SP doesn't reflect it. Il be buying more shortly. This is 1 price of many in the short term.
What has been clear in this process is the importance placed on this project by the community and Czech Government at all levels. In the European Union's Critical Raw Materials Act ("CRMA") environment, the coming together of both the Cinovec project joint venture partners and the Czech Government in the decision-making process with regards of the selection of the Prunéřov site provide a very strong foundation for our upcoming application for Strategic Project status under the CRMA.
I would hope the extension would be less than 12 months. A lot of what needs to be put back through the FEED is mainly a logistical basis.
Locating the Plant on an existing Coal Fire Power station site should mean a lot of the inputs to any environmental assessments will be based on already recorded data, targeting the necessary markers..... so a lot easier than a site that was maybe previously used for a lighter industrial duty.
What they should be able to do fairly quickly is tell us how long it will take to turn around the DFS.
The only thing missing from the RNS was that they’ve started looking for a new mine location, preferably one closer to the processing plant..
Deferral of the DFS again, according to KC is positive.
Maybe Q4 2024 or 2025?