Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Well it makes you think news....any 1 out of the 3 points could come good and tip our fortune, 2 out of 3 would start the j curve and all 3 would send us to the moon. :) One will do for now ;)
And to complete the full house....MacArthur Minerals news
Macarthur Minerals Limited (TSX-V: MMS) (the “Company” or “Macarthur”) is pleased to provide an update to Shareholders outlining an active and significant second quarter 2019 in the ongoing development of the Company’s Lake Giles Iron Ore Projects and exploration activities across the lithium, gold, nickel and cobalt projects in Western Australia and Nevada, USA.
SECOND QUARTER HIGHLIGHTS
? Closing US$6 million institutional Convertible Note offer to fund a Bankable Feasibility Study (“BFS”) on the Lake Giles Iron Project
? Glencore participation in the financing to fund the BFS
? Appointment of Orbit Drilling Pty Ltd to complete the infill and metallurgical drilling program to support
the BFS
? Filing of the Preliminary Economic Assessment NI43-101 Technical Report, for a combined hematite
and magnetite project (the Lakes Giles Iron Project). This re-evaluation resulted in:
o a reduction in the operational costs for the hematite product;
o rationalisation and reduction in Capital Cost for development of a combined magnetite and
hematite project; and
o revised logistics transport solutions and costs
? Progress of a rail haulage agreement by entering into an Exclusive Negotiation Agreement with Aurizon.
? Repositioning of Macarthur’s portfolio of highly prospective lithium and gold projects in the Pilbara region of Western Australia through an earn-in Joint Venture Agreement with Australian listed exploration company Fe Limited (ASX: FEL)
Mr Cameron McCall, Executive Chairman of Macarthur Minerals commented:
“The uptick in the iron ore price to US$122.60/tonne continues to drive major momentum in the iron ore industry. Premiums for high grade ore and discounting of lower grade ore have contracted during 2019 but remain well above 2018 spot prices.
The Company’s focus on delivering a product of +65% Fe will create price support when the iron ore industry returns to an oversupply market environment and continues to engage with potential strategic partners to create short-term cash flow and deliver the Lake Giles Iron Project through to production.
The Company assessed the recoverable value of the projects to be in excess of historical capitalised costs. The impairment change of $55,851,937 raised in 2016 has been reversed as reported in its audited annual report for year ended March 31, 2019 filed in July 29, 2019. The Iron Ore projects’ book value reflects the historical costs of exploration and evaluation expenditure capitalised in accordance with the Company’s accounting policy and Australian accounting standards and IFRS.https://www.sedar.com/GetFile.do?lang=EN&docClass=8&issuerNo=00002108&issuerType=03&projectNo=02945726&docId=4564706
Frankie - yes we did meet briefly a couple of AGMs ago I remember.
I have always considers you to be a genuine poster albeit a bit 'off the wall' no offence !
I have a fair portfolio of shares and funds and post on most if not all of them. I have more time now as I decided to give up work last year also.
I would struggle to justify my travel costs from Devon to C London to go to another AGM as anyway I would probably just get angry and cause a scene !
Good Luck All -- MRC
Hello, Frankie.
Good for you for maintaining your level of enthusiasm for KDNC. I first bought into REM at the end of August 2013 with 1,000,000 at 1p as a speculative investment. Shortly afterwards I came across this BB and started to research and follow REM more closely than any of my other shares. The 'zeitgeist' and the available information and research genuinely enthused me; lithium was the way forward, all sorts of opportunities seemed to beg, DL was the glorious leader (actually turned into a Pied Piper) and I carried on buying as we climbed up to 2p (the 5p party beckoned....) and I averaged down as we gradually fell back - after all, it was still all going to come good.
However, over those 6 years it hasn't happened. My average is around 0.90p and I'm not far short of £50K down. There are projects on the boil but collectively amongst the PIs and with me in person, the near cast-iron certainty that there was a pot at the end of our rainbow has gone. I now read regularly but very rarely write because I can find very little hope or expectation that I'll recover mach of my losses and my enthusiasm has waned pro rata.
As for attending the AGM, beyond the interest in meeting PIs face to face, there is nothing we can ask, that the directors can answer that is of much interest as they can't reveal any price sensitive info. so basically they're left with platitudes.
Sorry this is all a bit negative but you often query why and where previously frequent posters have gone, so that's my two penn'rth.
I really hope that all LTHs get a slice of their hard earned back but the thrill of being in here has deserted me for now!
GLA
Mac. (Not 69)
We are all in similar situation some worse like me AH ah ah G L A
Why was the last big sell held back , Does anyone know
Brilliant post and reflects a lot of us LTH still hanging on by a thread
Probably because a large sell was happening at the same time may see it delayed tomorrow
maccarefree,
such a negative post!
Wednesday 16:46
"Sorry this is all a bit negative but you often query why and where previously frequent posters have gone, so that's my two penn'rth. I really hope that all LTHs get a slice of their hard-earned back but the thrill of being in here has deserted me for now!
GLA"
And your recent posting history (across three shares)
Member Info for mccarefree
Posts
(Last 30 Days)
3
Oh well DYOR_!
Auroch news
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=
Apolo gies
https://www.asx.com.au/asxpdf/20190801/pdf/4473sr36cvtpj3.pdf
Morning, Jimb.
Not quite sure what point you're making. Frankie asked (and has asked in the past) where the previously frequent posters had gone, and I answered her. If my post was negative (and I agree, it was) it's a reflection of my current feelings towards the sp that for me is 90% down and shows little sign, at the moment, of significant recovery. Others might be positive in that situation but I'm not and it would appear from the flurry of thumbs up that I'm not alone.
As for my posting history or frequency in KDNC or elsewhere:
"And your recent posting history (across three shares)
Member Info for mccarefree
Posts
(Last 30 Days)
3"
So what!!!!
Perhaps the cricket will cheer us up, later.
GLA
Mac (not 69)
Morning, Frankie.
At the risk of criticism for mutual back slapping, thanks for the appreciation. You, amongst the diminishing minority, do your best to keep spirits raised and, rather like a class of students often put your hand up and ask questions that others would, were they brave enough. Credit is naturally due to those that take time to answer those questions.
I thought your post asking about disappearing contributors at least deserved a response and yes, it did get my heart on sleeve; no point in being otherwise.
Keep up the good work and your questioning stance. You do more good on here than you credit yourself with.
Enjoy the day, one and all.
GL
Mac (not 69(if he's still around)) :)
Mr J - same.
Mac - same, and liking the revised sign-off (been wondering for some time whether your clarifier was still necessary)!
Frankie - what Mac and Mr J said.
All the best everyone (well, nearly everyone)...
Sincere apologies mccarefree, I obviously misunderstood your intentions,
I for one have less to post about because of the supporting evidence that disruption in transport and energy is well underway and is becoming mainline news, EV's are impacting all major car manufacturers and storage projects are now being planned and implemented in hundreds of megawatts and even gigawatts we are way past the point of such things being a vision of the future, it's all happening now!
Secrets out !!
Hopefully The Board will Have a nice Lunch Tomorrow if they can get to work after Breakfast G L A
Disruption everyday news:
BP and China's Didi Chuxing (DiDi) today announced they have agreed to form a new joint venture to build electric vehicle (EV) charging infrastructure in China, the world's largest market for electric vehicles. The new joint venture plans to develop a network of EV charging hubs across the country.
Cinovec
License extension to 2020
https://www.asx.com.au/asxpdf/20190805/pdf/4476s5jmfgrtzs.pdf
Auroch
Investor presentation
https://www.asx.com.au/asxpdf/20190805/pdf/4476nrq3r2p7gf.pdf
Clancy
Results of meeting
https://www.asx.com.au/asxpdf/20190802/pdf/4475g20ryvfjpc.pdf
Has sp is up ~14%
Has news release
https://www.asx.com.au/asxpdf/20190808/pdf/4479zp4cdj7kn2.pdf
https://www.asx.com.au/asxpdf/20190808/pdf/4479zr8l6sd8w1.pdf
London stock exchange Cadence Minerals sp
0.093
Bid:
0.09
Ask:
0.095
Change:
0.00 (0.00%)
Nexexchange Cadence Minerals sp
0.108
Bid:
0.09
Ask:
0.125
Change:
0.00 (0.00%)
Totally different now ?