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Started: focusIR, 29 Jan 2024 10:44
Last post: Card1gan5andLSE, 23 May 2024 16:27
Analyst Forcasts were before Stockpiled Rutile and Ilmenite permits were obtained and prior to obtaining grid power :
Key Indicator /Source /2024/ 2025/ 2026/ 2027
Zircon sold
forecast
(kt)
Cedrus 18.0 /24.0/ 36.0/ 48.0
WH Ireland 18.0 - N/A N/A
Consensus 18.0 /24.0/ 36.0 /48.0
Revenue
forecast
(US$ mil)
Cedrus 43.1/ 56.9/ 88.3/ 123.6
WH Ireland 37.5 /60.9/ N/A N/A
Consensus 40.3 /58.9/ 88.3/ 123.6
Underlying
EBITDA
forecast
(US$ mil)
Cedrus 9.9 /22.3 /46.1 /78.6
WH Ireland 3.6/ 5.1 /N/A N/A
Consensus 6.8/ 13.7/46.1 /78.6
Review of Analysts’ Forecast
This is not a very active bulletin board! Good to have some input.
I think that a few clarifications may help the sp. My numbers are subject to correction of course.I do get confused easily.
Mandiri has apparently 6MT inferred Zircon on rolling five year extraction licenses. - can we get from inferred to proven?
Tisma has 4.5MT inferred Zircon on a 10 year license - ditto. I suspect that this license too might revert to a five year rolling permission when the current permission expires? This would surely affect the potential Valuation of the business assets.
Current output permits total 24Ktpa ZIRCON ,20Ktpa Rutile and 50Ktpa Ilmenite.
At 24Ktpa max production capacity at 2000USD/tonne Basket sales could increase to potentially 48M USD? Net Profit of how much? I recall the Chairman stating that the next milestone is 18Ktpa? Is that his forecast for FY24 perhaps?
Separation Plant Capacity is now 24,000tpa total Zircon from 3 lines. How much is assigned to Rutile and Ilmenite? If they are by products what output could they have in addition to the 24Ktpa Zircon? Another 3Ktpa or more? Is the split 94% Ilmenite/6% Rutile?
Last FY sales were 22.7M USD at an average price of say 2,000USD/tonne. The loss was 10.5M USD which included one off charges of 7.6M for share based payments, a Fair Value Loss of 1.7M USD and 2.5M USD Capex and increased OPEX of 1.9M USD.
Looks like this active producer could gear up the revenues considerably in future and become acceptably profitable as soon as even this year end? Hopefully the quarterly reports will soon start to show us the direction and speed of travel.It looks like it has good potential , and as a bonus the workforce will be mainly indigenous, with both male and female participation.
PYX Resources (LSE: PYX), the world’s 3rd largest publicly listed zircon producer by resource, provides investors with an overview of the Company and updates the market on its strong FY23 operational results.
In this interview, investors will hear about:
- FY 23 Operational Highlights including:
* Total Zircon production up 31%
* Premium zircons sales up 24% and total sales up 20%
* How the Company lowered production costs
* How much ilmenite was stockpiled during the period
- Why the company remains ‘bullish’ on the future pricing of Zircon
- Why Indonesia remains well positioned to sell zircon to China
- When the Company expects to renew its ilmenite/titanium export licence
- When the Company expects to release it FY23 Financial Results
https://youtu.be/nYNEepRlk0E
Started: formerlyeasyp, 14 May 2024 07:27
Last post: formerlyeasyp, 14 May 2024 07:27
I read the RNS, noted the sp is at a low, read a few posts below and thought the company worth a punt so placed a modest order with HL.
If we are on the cusp of a commodities super cycle then rare earth miners might benefit from the wave of buying.
Started: Troajan, 28 Dec 2023 15:24
Last post: Troajan, 29 Jan 2024 07:57
16p....should be the downtrend low,near az dammit..imo
Started: Troajan, 6 Nov 2023 10:12
Last post: Troajan, 6 Nov 2023 10:12
Https://www.proactiveinvestors.co.uk/companies/news/1031818/pyx-resources-sales-up-50-as-zircon-demand-holds-firm-1031818.html
and back on the 12 month low....almost
Started: LondonSouthEast, 9 Oct 2023 15:35
Last post: LondonSouthEast, 9 Oct 2023 15:35
Find out what makes Hasler tick and why he believes he can make a difference at PYX.
Listen here - https://www.allpointswestpod.com/episodes/oliver-b-hasler-ceo-and-chairman-pyx-resources
Started: Troajan, 17 Aug 2023 15:50
Last post: Troajan, 13 Sep 2023 08:56
Started: Hufc1908, 5 May 2023 11:38
Last post: Hufc1908, 5 May 2023 11:38
@ZaksTradersCafe talks to Oliver Hasler, Chairman and CEO @ResourcesPyx as the world’s second-largest publicly-listed zircon producer by zircon resources, and provides an operational update for the three months ended 31 March 2023 #PYX
https://twitter.com/Share_Talk/status/1654419572441620481?s=20
Last post: CityWatcher, 30 Mar 2023 14:05
Interesting read, however their recent finals were showing a loss of US$ 9m +. Might be why the share is 20p. I would like to see some more interest pre buying into this share.
Started: Troajan, 16 Mar 2023 16:04
Last post: Troajan, 16 Mar 2023 16:04
todays dip.....was short lived
17p.....could be the bottom
imo
Started: Troajan, 8 Feb 2023 15:47
Last post: Troajan, 8 Feb 2023 15:47
Started: beardozer, 8 Dec 2022 11:06
Last post: beardozer, 30 Dec 2022 14:45
Up 58% since I thought about buying but didn't - another one that got away!
probably,the end of that lengthy downtrend beardy
39p to buy,atm
P.S. just noticed our chat has raised the SP! Scary...
Can't agree oil & gas are doing OK but Banks always will!
about 1.5mins in
https://www.proactiveinvestors.co.uk/companies/news/997637/pyx-resources-very-happy-as-sales-rise-by-a-third-997637.html
they havnt an export license yet,for the titanium....so the markets wont like that beardoser
bad markets?...probably the only sector doing ok,are oil/gas and banks.....everything else,is fairly dormant
should be a blue day,tomora.lol.
Started: Troajan, 28 Jun 2022 15:51
Last post: Troajan, 8 Nov 2022 09:22
Started: Troajan, 8 Nov 2022 08:35
Last post: Troajan, 8 Nov 2022 08:35
Started: Stretchum, 5 Apr 2022 20:38
Last post: Stretchum, 5 Apr 2022 20:38
Started: Troajan, 16 Mar 2022 10:19
Last post: Troajan, 16 Mar 2022 10:19
Started: Stretchum, 16 Mar 2022 10:15
Last post: Stretchum, 16 Mar 2022 10:15
Silly drop. Moving up now. Journey begins...
Started: Stretchum, 11 Mar 2022 11:26
Last post: Stretchum, 11 Mar 2022 12:11
The subscription price for the Placement Shares will initially be 130% of the average of the 5 daily VWAPs on the applicable exchange (NSX or LSe
Not too late to catch this train. These guys have the Zircon Market cornered.