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The delays in the 2nd bank sign off on TK finance will put a lot of potential investors off putting money in here atm imo. Harry ought to update shareholders. In the meantime the SP continues to drift down towards 0.5p.....
Https://source.benchmarkminerals.com/article/copper-underpins-bhps-39-billion-anglo-american-takeover-offer
https://www.bbc.co.uk/news/articles/czrxm4pljlwo
https://www.ft.com/content/ca336820-c0d3-400b-8ed3-666f4caec2b7
The big prize for BHP, the world’s biggest mining group, is taking its rival’s prized copper mines, as well as bolstering its position in iron ore and metallurgical coal; two key steelmaking ingredients.
The world’s largest miners have made it no secret that they want to grow in copper. The highly conductive metal is predicted to have massive shortages in the coming years as demand surges for renewables, power grids and electrical cars. Yet prices are too low for miners to develop new mines. The industry’s top executives are all betting on a price surge in the years ahead.
Is that June this year? lol
Where will we end up today?
Will we see a Friday sell-off after the steady fall over the last few days
Long way to go until the end of June
I feel sorry for all the bed wetters when this goes down two or three percent, if we do get the final funding from the second bank this rise 50% in one day. If there was any bad news from the second bank then it regulatory to RNS, s*** or bust
As can be seen with the sp in the red, yet again.
We are getting our plonkers pulled here.
How much longer can this go on?
HtTps://www.zerohedge.com/commodities/bhp-proposes-39-billion-takeover-over-anglo-form-copper-mining-giant (copper)
About a year ago, billionaire mining investor Robert Friedland explained to Bloomberg TV in an interview that copper prices are set to soar because the mining industry is failing to increase supply ahead of 'accelerating demand.' He warned:
"We're heading for a train wreck here."
Friedland is the founder of Ivanhoe Mines Ltd. He continued, "My fear is that when push finally comes to shove," copper prices might explode ten times.
If it ever does.
Definitely a problem somewhere in the chain.
I have one name only, hasiba!
You couldn't get an appointment at your Vet then?
😦
Not in my opinion it isn't!!!
He could try a placing at 0.3p by reaching out to some of Africa's churches. I just happened to read an article on Bloomberg how African churches are booming in the backstreets of London.
We'll see how and how low the guy can go.
Sellers sub 0.54p is not looking good given the delays in 2nd bank sign off. Harry now gone quiet having (successfully!) pumped the share price to get the Placing away....
Two user names used by one clown.
Be careful guys
They are pests on a few bb on LSE.
Gold at all time highs!!!
Not kicking the 2nd bank into action.
This is being hyped up too much by Harry. Cannot blame him as it is his baby. That's another issue in being emotionally attached as he wants to see this over the line.
10p sounds... conservative...
Hasiba, see your vet TODAY!
Gold is at a near all time high and many expect $2.5-$3k later this year as central banks stem their unsustainable debt mountains and debasing currencies. TK NPV at $2.3k is a lot more than our original plans so TK will be drowning in cash once operating. Mines in Saudi are skyrocketing in value. We stand at a near all time low valuation. If we get this sorted by June we stand on a new wave that will last 12 months so the ascendancy will likely take us beyond 10p in the end and as long as things progress. I suspect day of news will be a lot of new investors looking at the bigger picture over 12 month horizon or more as Saudi takes shape.
Okay I'll lower my expectations 2p.
If anyone feels that this is going to be anywhere near 3p on funding are seriously deluded. We will be lucky if this reaches at least that when production starts. With all the potential here and with the DFS studies carried out and we are at this lowly share level, says it all really.
Hope to be proved wrong.
Sarcasm is your specialty..eh
Trying to bully other posters here too…
You piece of shi#t..
MRP, I didn't say 'short term'! There is bound to be a hefty spike in the SP if/when we get TK finance sign off and i agree with TW's assessment published at the end of last month.....
'We do not see this as a ten bagger as the statement suggests but the idea that the shares could double or treble from here is far from implausible.
With particularly the Tulu Kapi financing approvals and on-the-ground progress expected in the next few months, we continue to consider that this is a gold tip of the year to more than double – and quite possibly much more – this year. Still a STRONG BUY.'
Arrrrrrr lovely someone concerned about my schooling many years ago
Like spelling...
😃