Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Certainly seems to be some hype back here! Great to see as it had dropped off the planet. Starting to become a regular contender for top of the chat board! Only time before it’s recognised for price increases towards a true fv! 13m is very low!
Have been quiet here, last week, as bought and sold, without touching core investment, to make a few K’s back.
Heard this last week in an interview, and thought of UFO.L.
Pierre Lassonde, favourite part of this curve is the “killing field”, where you potentially get both price and land optionality for free, plus current discount to NAV. This is the point, where drilling has been done, licensing, costings have been done, just before financing.
Hope the passing the hat around, gets resolved next week.
Yes you get me there flatliners
But
The licence as now dropped
Boom
Onwards and upwards space cadets
Lyndon
Pipe n smoke it
Watch Turbo next we are max and all the same person talking together
Flat liners
It’s easy to look back on others posts a comment here’s one of yours from March this year.
Sub 0.1 coming quicker than I thought.
Complete disaster this. Anyone thinking the iron ore will ever be mined is deluded.
Will be sold off sub 0.1 and some people will do very nicely out of it.
Not good.
944T
Good post Nap
😂 I replied you can confirm I exist and so do you 😂.
944T
Turbo. LinkedIn 😂😂 its me pal that messaged you 😉
Well my top up at .47 showing as a sell
When that licence drops boom time
Space cadets
Lyndon
Posted on 7 Dec 2022 14:57
mmmmm not good advice
Just remember SHOVAL READY where not digging a drift or anything
Bulldozer top layer and excavate crush and load to port it’s that simple do some research
That’s what our joint venture partner/partners will bring to the table
It’s a matter off what’s the split
SIMPLES
ONWARDS AND UPWARDS SPACE CADETS
LYNDON
Ok so let’s look at it logically,
Early this week it became apparent that the gov web site had been updated showing that the licence had been granted but no official response. The SP then over a number of days rose 30% today’s RNS only confirmed what we knew. So it climbed day traders took profit and it levelled out.
If we had known nothing and on the RNS today it climb 30% we would all be happy so either way so take the positive.
The SP is up another duck is lined up and we move forward..
Have a good weekend Aliens.
944T
Surely now they are in a position to sell off the lease to their neighbours! Moving to producer would be btter suited to people who do it and the share would re rate upwards on that information
I don’t agree let’s see next week what happens this will slowly rise to where it should be the assets are there
Some type off an agreement next for joint ventures
Less flack in the way
Happy space cadet
Lyndon
Flat liners is correct, but only in so much as it highlights how much further this has to climb to even begin it's journey to what the assets are worth.
I'd guess those two 10m buys were the same person and had an order price
Flatliners missed the rise again normal negative crap from you
There’s a lot of difference now just try to keep up
Absolute mupet
Remember calling you drag queen. Move along
True LTH’s the time as come
Onwards and upwards space cadets
Lyndon
You could only wish for it to drop 50% to throw everything at it. 20 is the new floor,
Have a great weekend true holders
I think anyone who expected a re-rating on a piece of news like today's will inevitably be caught up in the immediate euphoria. It will need a lot more than this. The analogy that could be used is VE Day, when people poured out, partying in the streets and waving their red, white and blue. But it wasn't until 1957 that Harold Macmillan was able to tell us all that we've "never had it so good". So in 12 years time UFO might well be a different proposition than it is now.
Flatlines u seem quite negative, the sp has plenty of legs in it as it now moves forward, todays news was substantial and adds great value particularly for the future.
The native agreement.
Went to .33 and then lost over 60% and went to 0.11.
We are currently at o.21 around a third lower give or take.
Flatliners ! Or should I say chris2 lol. Why you assuming a 50% pullback? Any historically examples to show? Or your gut. I think we will react the way fenix did in due time
What is the next set of announcements and when approximately ?
Long term I feel this is good but why jump in now . Surely it's better to wait until the price drops back 50% and stick your money somewhere else in the meantime. Confidence is shot here.
it's been a great couple of weeks here.
progress in the right direction and folk trading around the news events is all normal activity.
long term all is shaping up nicely and if a few have sliced some from the sub 0.16p buys to buy a few beers tonight and celebrate a milestone event fair enough.
we are all looking forward to not one.... but possibly two jv's on the horizon for this year and its what's in the ground that counts.
the assets here are solid with potential for significant upgrades & upside as things progress.
han**** – jorc compliant resource of 8.4mt @ 60.3% fe dso, including an upgraded indicated resource of 4.5mt @ 60.2% fe. the maiden ore reserve is 1.9mt @ 60.2% fe.
pinderi hills – 184km2 of consolidated tenements in proven base and precious metals country with multiple deposits that are prospective for nickel, copper, platinum, palladium and rhodium, silver and lithium
elizabeth hill –
australia’s highest grade silver mine
munni munni – one of australia’s largest unexplored pgm assets containing a historic resource of 2m+ oz pgms.
brockman – huge exploration potential with dso grade grab samples at surface
vivash gorge - borders large iron ore deposits with limited modern exploration
-
personally can't wait for a rig to be back at eh as the silver price is once again looking strong and heading for $30/oz (just like it did last time ufo ran up through 2p+)
https://www.kitco.com/charts/silver
who knows silver could be north of $30/oz+ by the time the next developments at eh are made public and the economic case just strengthens further.
remember....last time eh was mined, the price of silver was just $5/oz!
all looking good with plenty more news to come.
gla.
Lead up to every bit of news the sp goes up. Then the news is released and there is a max 10% spike followed by weeks of falling to new lows. Each spike is a lower one.
This is way below the native agreement spike in December last year.
Drift downward to a new low in the coming month followed by another lower spike at 0.2 ?
Feel it will not rerate until the mine is built which is some time away.
We are still quite high risk, but IMO we should have been at 0.6p on the knac and at 1.0p today.
There's a lot of money to be made here for those willing to wait this out.
The months, and it will only be a few of them before the good news rains down, will fly by.
Chris2 might show his face a few times, but, unless he buys back in, his days are numbered here!
Good Luck All
Well, that all surprised me not.
I think we are going to need a few months more patience and some spectacularly beneficial news on JVs to see this get to the 0.33 level.
So yes, patience, more patience.