Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi trade the new generation of photovoltaic uses less silver I believe but I didn't know zinc was a component, bit of yin and yang there for us! Certainly zinc is an increasingly trendy construction material as your links show. From the pre EUZ stated Toral copper resource it would seem likely that Cu will be our smallest earner but definitely a big plus as another string to our bow, I think we'll learn more soon from the current block model and who knows what lies within the rest of the licence? I also think the ore sorting could have implications for reprocessing tailings in the Toral vicinity, ugly duckling to swan incoming IMO.
I picked up 60k shares this morning without any trouble... previously would have been NT.
Brought my wife’s ISA average down though so wa happy... :))
I think Bankers involved :-)
Who ever that broker is don't trust him lol. The number of trades says the opposite. The bloody shares can't be given away. Think I heard Del Boy is selling some on Pekham market :)
My reference to Anto was meant to be light hearted mfm, I used to hold them (wish I'd bought them back in March 20!). I believe we have the potential to twenty bag + which won't happen at a major like Anto but we're still high risk / high reward though I strongly believe that £5m mcap woefully overstates the downside risk here. Hi Bricks, the market is a bit weird with EUZ at the moment, I'm certainly not feeling the "huge demand" :) but I did notice today that you could get quotes for large sells which hasn't been the case recently. I sense we're on the cusp of something positive in the field and corporately. Unless there's been a hold up or they're reporting drill progress differently this time (I've been told that isn't the case though) timescales suggest that TD-026 has evolved.
Got told by a broker today.....these shares are in huge demand ? Hell....makes no bloody sense to me. If they were why is is no one buying ? Or is there another sinister plot being connived ? Make up your own mind but things are not what they should appear to be at the moment....All stock exchanges are down....yet EUZ up on AIM !! Strange indeed and that’s without ramping !!!
The difference between huge companies like antofagasta and tiny aim minnows is the leverage effect you get with those minnows. If Copper (and other metals) continue to rise for a multi year supercycle any mining stock will benefit but the small companies that get funding from a big partner to go on to mine themselves are where life changing amounts are made. There are many small AIM mining companies that have amazing potential, they're who we are fighting with at the moment for investors backing not the majors.
mfm I don't know, just an evidence based theory. Your comment about competition is relevant though, if you want exposure to copper there are little concerns like Antofagasta :) out there who knock the stuff out right now. That's our problem, I've noticed a number of junior explorers are under pressure at the moment maybe for that reason but the high metal prices will feed through to our economics in the long run.
If that is what they're doing, I approve, Copper is hot right now and the foreseeable with China ramping up production and EV's coming to the fore. Anything that helps get us noticed is good coz there's a lot of competition out there for investees!
Evening mfm, copper seems unstoppable, though having played the metals markets I know they can be fickle. Sometimes what isn't said is more revealing than what is said and frankly I have never got a straight answer out of the company about copper. As Bricks pointed out we have a small indicated copper credit that was reported in the 2016 Micon data. In 2018 they were (almost literally) shoving chalcopyrite copper sulphide mineralisation in our face (see pics). The slides are frustratingly unclear but I think we could be drilling in the area where those copper shows turned up (TD 18,19,20) which coincides possibly with the early years mining. Hopefully copper may turn out to be something of an ace up our sleeve and they're going to play it with perfect timing, the strategy of ignoring it for now suggests it won't be a big earner compared to Zn, Pb, Ag in that order but if it can be economically extracted in harmony with our principle products what's not to like?
Some analysts now forecasting $12,000 Copper as a possibility. LR over to you!