PYX Resources: Achieving volume and diversification milestones. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
These will go to levels were they were at
Pt taken it's annoying for me cos my investment is stuck in till it rises, I don't mind a bit of trading RKH on the move the last week after 6 months going down
the fact its still in bussiness with government support and able to take advantage of the higher nickel price , means in my opinion the sp should be closer to 10p rising as good news is released im topping up this time next year , you will be saying what an opertunity lost and dont mention thomas cook it still gives me nightmares iwa sabout to press the buy button for 100000.00 shares at 9p and bottled it doh.
At least you are still feeling the pain. Some of us are just too numb.
this script has bottomed out...the only way is up...shorters cant't take it to 0.....it has to go up... what happened to thomas cook .....9p to 170p
How is going right in the direction a lot of people have invested on here at much higher prices,?
Yes its all going in the right direction maybe not as fast as some would like, I personally am down currently but very optimistic. We will see sp rise on the 28 May ( Q1) or before in anticipation and of coarse the re-financing which in my opinion, after all gone before has to happen. Not happy to be down but happy.
In short, we are not much different now than we were last year. However, we are going from worse to bad , as opposed to bad to worse.
Sk79 This 20x dillute is this what happened last year or this year ?
It's a mixed bag alright! Few key things that haven't been discussed on the board are the increase in no. of shares from 2M shares to 1.9B, so all ya people ramping about the sp, should do some maths, 20x dilution...almost! The next thing is the number of ongoing legal proceedings against the company (page 16 of 33) of the http://www.talvivaara.com/files/talvivaara/2014/Talvivaara%202013%20Annual%20Results%20Review%2030.4.14.pdf It appears to me that the sp took the turn for worse once the news on YLE http://yle.fi/uutiset/talvivaara_2013_losses_at_700_million_euros_new_uranium_permit_granted/7214956 Nothing has changed or surprised me. I think all the investors doing the research already knew most of the facts included in the annual. Folks who relied on published information are acting on the negative news, me thinks. I was quite happy with the sp stay at 7p level today. I do agree that the sp could take a nosedive shortly, however not for long. The next good news is the removal of all the water in the gypsum pond by May.
RNS is a bit of a mix bag......promising start for the year,and the uranium permit,,,,however the main issue with the funding left unsolved.....until this will be sorted the SP will not recover to where we want it....still think this will come good specially now the metal market is on the up,and this why I hold on here...GL and regards.
looking at these on my watchlist, looking for around 6p should do it I reckon for an entry,TALV are well into a downward trend now so it seems.
It could well end up below this, keep the faith it will get back up to the level you bought in its having the patience, before then don't bottle and sell !!
How come there hasn't been any firework today on the RNS?
Another share, I'll be keeping till the worm turns
We are fortunate that the results got delayed to the last minute . If they would have told me in February , as usual, the nickel market sentiment would have been quite different , says the mining company Talvivaara CEO Pekka Pera . In the winter of nickel on the world market was less than $ 15 000 per tonne. Spring has been a sharp rise of more than 18 000. The market has completely changed the atmosphere of the rear significant impact on the economy. Stern hopes that investors and shareholders would be easier to convince now than last fall , when it was forced to seek financial restructuring. Now the production curve from one Sotkamon the heap shows that in the first half of ore have been produced for more than 30 000 tonnes per year pace , Stern presents. Directly to the CEO Stern says that on the eve of May Day published in the year-end statement is " creepy " . Last year's ugly loss in excess of EUR 700 million. The reason for the write-downs, which are based on , for example, the general view of the world nickel price. May be too modest , Stern fires : - All we're sure you will agree that this situation must be very careful in the parameters . Rear view of nickel at current prices would have resulted in write-downs more bearable . In any case, the cold truth is that the lack of funding . Talvivaara must first ensure funding before it has any practical use , for example, on the eve of May Day liienneestä the uranium license. Northern Finland Regional State Administrative Agency granted the environmental permit for the Talvivaara mine uranium recovery facility . - We have all the time negotiations with investors - not only uranium , but everything else . The world's leading uranium processor [ Canadian Cameco ] is our customer and with them we have a very good cooperation, Pekka Pera says. http://yle.fi/uutiset/pera_talvivaaran_hirviotappiosta_nayttaa_kammottavalta_mutta/7215193
I'm out for now; I have a modest overall return and I don't see this going anywhere soon; with no evident news on the horizon, it's not worth it (to me) to ride the risks up and down. Maybe later when i get some inkling of a deal in the works...
think with current metal prices 30,kt was banded around this morning? does permitting etc have a cap on this figure? im not saying the fin gov will defo bridge the finance- just suggesting it might be a better option mathematically than long term clean up costs and the pension values which would be lost if the co failed? maybe its partly a maths sum, for fin gov with assurances eia has improved to such a degree the co is clean enough to proceed longer term with further steps being introduced and failsafes to cover all possible eventualities? unlike previous flowsheets.(if they can in sufficient time-without being nailed down too much on key dates) fin gov caught between a rock n hard place eh? devil they do devil they dont? talv doesnt have luxury of time to get a green track record so is fighting hard with current situation. wondering if nyrstar might be able to find a joined up way ahead-and possibly even work a jv with the nickel producer-if the fin gov dont take ….all….. the slack? the bridge funding is only the shorter term solution-still need funds longer term? you think fin gov would fund a longer term picture or maybe thats where the big commercial players come in ? (nyrstar etc-noting any survival will be smaller scale initially with better returns?) (if any?) my concern is nyrstar running project lean and accessing sufficient funds themselves, but at least nyrstar would have better chance of this than talv in current guise? although new set of risks which nyrstar are not familiar with? being mainly smelters etc a few years back. they havent upstreamed into mining until recently and talv is unique with its process-even talv are learning how to improve returns. corbs :-) jmo dyoR etc
It's been a bumpy ride. I have put a stop loss on at 0.068. I am even at 0.062...I wish I got out at the high last week...
Holding well considering yesterday jump and today news.....seems like it's further waiting game here and as such the SP could drift side way in the short term....yet you need to be in to catch the next bit of news with hopes this will be the one we are waiting for......as such I HOLD to my free shares here......GLA.
translated from release of course-- Convince increase especially in the solution removed from circulation , and thus formed a dangerous chemical waste handling costs, water treatment costs for processing the fines formed and gypsum pond 1 surface structure of a tougher standard . The old licenses goes up complaints And the decision on the permit regulations to be implemented when the case becomes final. Current permits for the operations are valid until any complaints now, the decision of the Court of Appeal has been processed . Waste water permit shall be issued in the spring of 2013, and other activities of the environmental permit in 2007. link.. http://yle.fi/uutiset/talvivaaralle_uraanilupa_vakuusvaatimus_nousee_107_miljoonaan_euroon/7214622
Northern Finland Regional State Administrative Agency to issue a new environmental Talvivaara mine operations and the related uranium recovery facility . Application for derogation from the Regional State Administrative Agency has been dealing with the environmental conditions for the granting of mining re-size , because business has changed significantly in 2007 as compared to the environmental permit granted , keroo Regional State Administrative Agency in a statement. The decision will allow the Kuusilampi open pit mined ore treatment and metal production to continue production at the level of 30 000 tonnes of nickel per year. The decision also allows the uranium metal factory outlet of the solution. Environmental permit has not been issued Kolmisoppi instead of the open pit mine and related activities . The company has been mining ore so far Kuusilampi Kolmisoppi mine and quarry has been in reserve. Regional State Administrative Agency of the whole, to be a new open pit mine in the opening of the large pollution risk that a license to be granted to the mine in the current situation . The adopted decision does not preclude the later applying for an environmental permit Kolmisoppi quarry . The quality of wastewater does not change Regional State Administrative Agency has failed to address the company in March received an application for relaxation of effluent limits. Emissions to water is limited to the new decision with the same licensing rules as the State Administrative Agency 's Decision in the spring of 2013 . Emissions into the air and noise emissions permit regulations are more detailed and far more stringent. Waste dump task According to revised data , the quality of the waste mine to the main waste is classified as hazardous waste. Factory- formed metal esineutralointisakka is of such quality that it can not be placed at the current disposal area without sediment improve the quality of the immediate pre-treatment measures. Iron precipitation and loppuneutraloinnin fine positioning is possible to proceed on a limited gypsum pool. Several times a leaked gypsum pond 1 block 1 may no longer be placed in the waste . The adjacent blocks 2 and 3 can be limited to the placement of the waste end of 2015 . Metal Factory of all fines must be transferred to the final placement of the new structure in landfills by the end of 2018 from the beginning. Environmental security deposit will triple The permit holder is provided to set the Kainuu ELY Centre for the security management of waste. In a previous environmental permit provided for and already set in , and now, on the decision of the additional collateral, a total amount of EUR 107 million.
Hello In for Talv, it hurts me to say (and only my honest opinion) but the price will ease today and possibly tomorrow, with a Friday seeing a steady slow decline of the sp. This until financing news. The spike of sp and based upon speculation of financing has not been put to us investors , today! As hoped. Unfortunately. The comments are clear to me, suspended operations, means no reveune stream and until someone steps in. Yes we new 2013 results were bad, yes we knew Q1 was going to better, especially based upon nickel prices, but to halt operations worries me no end. We need help!!! Now. All of that said, an based on my namesake, i have hope for the future and for TALV. As Corbine eloquently put it, if no one steps forward, the FIN GOV WILL.
http://yle.fi/uutiset/talvivaara_teki_viime_vuonna_700_miljoonan_euron_rokaletappion/7214690 The mining company Talvivaara did last year mute the € 700 million loss. A year earlier, the Talvivaara an operating loss of just under 84 million . Almost the entire loss was recorded in the fourth quarter from October to December . Weigh about operating loss of EUR 600 million write-down . For example, the production of metal ore dirty swamps of the oldest parts are no longer worth even be recovered , since the liquidation value would be less than what you would pay for the production . Subsidiary Talvivaara Sotkamo inventories were written down hundreds of millions , impacted by a slew of setbacks - the lower world price of nickel last year, the production and water management challenges , the company's weakened financial position , as well as corporate restructuring . Talvivaara's annual turnover halved year on year in 2012 and EUR 78 million . Talvivaara had received the Financial Supervisory Authority to delay the release of financial results . Therefore, it told the 2013 figures until the eve of May Day . President and CEO Pekka Pera 's still talking encouraging the nickel market in a positive atmosphere and good Sotkamo the volume of production in the early months . - For most of 2013 due to oversupply and depressed by weak demand for nickel market has recovered significantly in 2014 , and the price of nickel has increased by about 30 per cent of start of the year , Stern said. Talvivaara and its subsidiary Talvivaara Sotkamo left last fall bankruptcy petition . Earnings release , CEO would like to thank its employees ' commitment to these challenging times . " A large part of the staff has been laid off. In the short term , Talvivaara has been able to manage their funding. Top buyer of zinc Nyrstar lend Talvivaara zinc deliveries against . The agreement does not last forever , but the Talvivaara have to find investors to participate in a longer continuous bridge financing.