Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Really hope optimism is not misplaced. Anyone like myself who bought in here in old KV days based on GC bull...t will be wary too. Not deramping but seen the sp slide a long way.
Today will be interesting!
TP
Just looking in. It does seem that the JORC is the final bit of the jigsaw before a JV. Just read the rns’s from last few years
In the bad old days prior to Kennedy acquiring it, the mine life was quoted at about 8 years, which made me squirm a bit when I saw it while doing some research. The JORC should indicate a much longer life, which is why I think Larry has spent so long getting to where we're at. No JV partner worth their salt would enter into a JV and commit a few million $ to a water pipeline and mine equipment upgrade unless there was a decent mine plan.
Larry says he's 110% committed to this and everything is going according to plan. He's bringing to bear 35 years of experience in the Ta industry. I'm with you Lambo. Just wish I had your pockets lol!
If the JORC figures are as good as we expect then we will be in a great position to negotiate a JV, Larry didn’t take this job for a easy ride he took it because he saw huge value that he thinks he can unlock. The JORC due within weeks is the final piece in the puzzle imo Gilles Clark would not be bothering with this and neither would Larry if they didn’t think it could be world class they would have sacked it off long before now and also note the institutional investors have not sold... it’s always darkest before dawn and imo this gets back to 2p even before the updated JORC is released because it’s intrinsically undervalued by a huge margin considering the scale and value of this world class Tantalum and Lithium resource. I’m a new investor and have bought over 1% today and so I am excited by what I see this isn’t a pump and it isn’t a placing ramp it’s confidence based on facts as this is a £2m Mcap company with a multi billion dollar Tantalum resource just how valuable we find out within next few weeks when the updated JORC is released
No doubting the resource is outstanding with regards to Tantalum but we are not exactly in a strong bargaining position with little funds and no revenue.
Thanks TP, the world class Tantalum grades and the sheer scale of the resource and license area excites me. We are talking about a tiny £2m Mcap company with a potentially multi billion dollar Tantalum deposit with world leading grades. You only have to read the last JORC report in July to know how good the resource is. The CEO has embarked on this comprehensive drilling campaign because the strategic funding partner wants to see this proved up to JORC standard before committing the funds imo. The final piece to the puzzle is the updated JORC to be announced within weeks that includes all the drilling results, once this is announced I think the CEO will show his hand regarding bringing in the strategic investor as per the last rns. The fact that the huge license area has hardly been explored and we have a world class JORC resource already confirmed excites me and all this for a £2m Mcap. The market is undervaluing this by a huge margin atm, a £10m Mcap at this stage is more appropriate and that’s a 5 bagger from current levels and that’s without taking into account the Lithium!
Lambo, with that many shares in one hit you should be on the BOD at the very least. Perhaps you`d give us a bit more info than LJ bothers to!!
TP
Good on you, Lambo. I hope you make a nice return from these levels. I suspect your 4M put the cat among the pigeons. I emailed Larry and said, 'keep it up' but I suspect it was your large buy that did it and not impending news. I'd love to be wrong.
Your 4M buy is probably all that caused todays spike -- seems logical ?
Fair play I hope it comes off for us all. But with an Mcap of £2m you have to agree this is incredibly cheap for what they hve and a move back to 2p ahead of updates JORC is looking likely imo it’s a sleeping giant atm from these low levels it’s always darkest before dawn... GL all
lambo - we have mostly been here for several years and it seems to have become much higher risk of late ---- unless we are very much told otherwise by the board...
Animal, bought in here today as looks extremely undervalued given the Tantalum grades and the size of the potential resource. As a long term holder I hope you are rewarded for your patience high risk but extremely high reward imo especially given miners are flying atm this looks like a hidden gem to me and have taken 4 million today GL all
To be fair I am with you -- it does look suspicious....
MrC - I know, a small flurry flushes 'em out.
So a ramp and a de-ramp all on one page !!
World class Tantalum grades here with potentially a multi billion Tantalum resource ready to exploit can see this moving back to 2p pretty quickly ahead of updated JORC to be announced this quarter could be huge
DON'T FALL FOR IT.