Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Talk is cheap
It appears as the bear trend retrace has expired no new low to extend it has closed. A close over 21 will confirm the reumsption of the bull trend. Price is rather in a grey zone currently a close over 21 which it very nearly did today (which is very telling) will signal a bull market a close under 19.5 will signal a bear, but the main trend is bull so I think alot of folk sitting on the sidelines might start to weigh in tomorrow.
Dhanteras, what we are going to talk about? Those that don't see the world through rose-tinted glasses will talk about the reality and all the possible downsides. And, on the other side, there will be the brady bunch talking about how greatly undervalued IRR is and how it will reach 100p per share one day.
We didn't join the European battery alliance for fun.
Absolutely Dropadollar the yanks will be on it.
Lord Dhanvantari!
Piedmont will not hold a blocking stake at 9.47% of IRR.
As things really start warming up someone or some group could feasibly decide to try and take out IRR because it is a fully funded project retaining 50% of product. Now if some other group/ entity was to make a bid for IRR what do you think Piedmont will be forced to do let alone Piedmont’s all-American backers.
Now just up to VM to continue with the right strategic moves to make this happen.
Never rule out the German OEM's, but generally too tied up with history and red tape, and layers and layers of stale management. Not like Tesla.
I'm on record here Dean saying that the small change in auto terms secures supply.
Imo don't rule VW out in this regard.
Lets face it, it would be petty cash for Tesla to buy out both companies.
Tesla would be a top favourite needing to secure a lot more lithium for its giga and new tera factories, and its tie up already with Piedmont. Rio Tinto have come into the market strongly, and will probably start acquisitions to build their market position. Any of these are big enough to buy out IRR, where Piedmont would still have their 50% supply agreement, but could also buy out Piedmont too.
Who will buy the company though with Piedmont on the Register?
That won't take 4 years though, hopefully in the next 12-16 months, or even sooner. Dhan good to see your sense of humour. Where will you go after IRR is sold sooner than 4 years, as I will need to be careful where I invest?
The buyout of IronRidge resources.
I do appreciate the humour. Let it not be said that Dhan doesn’t have a sense of humour. What are we going to talk about for 4 yrs? ??
No offence to Dhan but ur comment did tickle me Mike
Come on Vince it's the new strategy - shut Dhan up :)) ATB
No offence to Dhan but ur comment did tickle me Mike
Come on Vince it's the new strategy - shut Dhan up :)) ATB
It is a massive relief it won't take 4 years of having to listen to your stuck record, as this will be sold long before that.
It’s the time lag to production. 4 yrs is a very long time to hold shares. Let us hope Mascolo sells the company
Ours is not to wonder why.
Fact is the rise to 24.5 should have been higher at least 30p. Now price is pretty much on support of a very large up channel median line mid 30's and the previous rise didn't even touch it. Being on support could tempt the heard in and any rise is likely to reach median line. However cannot ignore support nor breach of it. Fingers crossed I think znwd is likely to rise after a 2 week retrace, hopefully irr will follow next week.
All perfectly reasonable posts in quiet interludes. All I would add is that, in relation to your very last comment, isn't it rather extraordinary we should even be chasing a change of sentiment. If we were orphaned and just had a few drill results one might require sentiment. But we're way beyond all that now, we're funded, supplying Tesla, MRe due, increased JORC due. well beyond sentiment?, but alas yes we are STILL tottering round 20p, barely at times. SW clearly missing something. I just don't get it.
30p plus min, but it isn't, steadfastly so. Many don't even reach where we have reached. I'm not selling, doesn't stop me being bemused. GL
The longer term trend is bull but that doesn't help if the current shorter term bear trend doesn't end when it expires. If it closes under 19.8 the shorter term bear trend will extend, I would say as long as it doesn;t close under 19.8 tomorrow we should see a change of sentiment.
beartrend!!!! a fully funded project supplying lithium to Tesla. All other project worth nothing!!! im not sure its bear trend more like order filling manipulation.
In the leiu or any news expected or otherwise the Li junior miners seem to be trading quite technically. If this be the case I would expect IRR to lanquish another day at least, if hoerver it hasn;t made a new low under 19.8 by Friday I would expect to see the beartrend expire, it may take a day or two after that to fully resume the bull trend but next week this could be looking alot better.
All provided we don't make a new low (close) under 19.8 by Friday I would say