Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Clearly a roll over?
2 x 2m buys is clearly a roll over. Within 6 seconds
Bsg4 I think you are,
2x 2mil buys, I may top up tomorrow
I must be on the wrong planet.
Ok and 4p valuation not including copper or nickel found. Hmm guess I'll hold out for maybe 5p plus then
To busy putting the knife in mike's back to look at the fundamentals, mike's the man he will create wealth beyond our wildest dreams
Primed for breakout anytime out of no where ahead of Gold assays from Pilbara.
MCap cannot stay low at £7m forever.....
Just 25,000 ounces of Gold @ $2000/oz = $50m
Without putting any value for Copper, Nickel, silver.
Bsg is right. 4p is way too low if we have a few hundred thousand ounces of gold.
4p - Cloud cuckoo land
RoronoaZoro121,
50m MCap would be about 4p.
This should be sitting lot higher than 7m Mcap...imo.
Should be closer to £50m MCap even at this stage.
Sum of Parts valuation....by adding value for each asset could be lot higher.
Could very well follow GGP trajectory as they too were stuck around 0.5-0.60 range before breaking out past 1p and 2p followed quick once 1p was cracked.
bt - your just ramping for obvious reasons. So what!
Trying to work out targets but not an expert in mining companies, what would be a reasonable share price for this company based on current copper and nickel and uranium found?
Baggy,
Company is fully funded as per their last RNS. Company already raised funds in June for the projects. On top of this company would receive A$1.0m from Spronghill Gold royalties.
Also Kapunda Gold & Copper deposit being funded from AUS Govt cash grant.
For USA projects company is in ongoing talks with Strategic partners to come on board as per RNS.
Probably will do a lot better than ECR .. IF.. they can arrange finance. That is the only thing holding us back here. The royalty deal won't get THR past December if they end up taking the uranium option by then in the US. There are multiple catalysts that could/should come into play here... its just a question of when... I'm positive on THR though despite maybe having a more balanced view. I think everyone can safely ignore BSG on here. Just deramping for obvious reasons. GLA
ECR went from 0.50 in March to 2.35p in July.
THR could do better in my view.
This should Zoom higher in coming days n weeks. Lot of activity lined up at both Kapunda & Pilbara.
Visible Gold from multiple locations at Pilbara is going to keep THR busy with lot of follow up drilling, while EnviroCopper are busy at Kapunda Copper & Gold deposit.
This price would be history in coming months while both Copper & Gold prices gain further traction.
I know I keep referring to low £7m MCap....that would change soon as the company gets busy at Pilbara.
Gold from Kapunda would be extracted at ZERO cost.
at Pilbara. Assays due shortly.
MCap £7m way too low vs peers.
I’ll say it - thanks for the explanation, I found it helpful (even if no one else did!)
Gonna have to sell a bit more if you really want to drive that SP down chaps... LOL
Mick's the man he'll make us all wealthy
I think 7M is quite enough for Mick's lifestyle vehicle.
There seems a disconnect between value of all THR assets vs current only £7m MCap. That could change soon, as the whole commodities value curve moves higher.
Waiting for Gold assays. They have not started the drilling. Once they commence drilling we should get an estimate of how big and deep this Gold deposit might be.
But with visible Gold mineralisation from multiple locations as per earlier RNS gives a good indication of what comes next.