Ironveld Share Price (IRON)

I think they prefer to issue op updates with info on various fronts; so, not having one so far doesn't mean they are not already selling DMS; IMO, we'll get an update around mid-June.

Their confidence may well have been misplaced........

"The Company's contractor, Daemaneng, is confident of achieving first deliveries of DMS-grade magnetite under the existing offtake contract during May 2026."

gla

After raising all the cash and investing I am surprised we haven’t had an update - did we or did we not start selling DMS in May?

The news next month will be important IMO as it'll ideally show that cashflow has begun; if this indeed happens, the new investors might refrain from selling "into strength" and hopefully hold onto their Placing shares @0.025. And we may also get news about the mineralisation studies of Layer 21? Is 5-6 weeks sufficient for first indications?

Agree with LT and Bump, there are placing shares that are over hanging the market. Also a lack of buyers (all buys are us, (I have bought my ISA allowance for this year over the past few weeks), so in reality there is little real trade and no interest outside the existing shareholders at the moment. Needs some really strong news to get any upward movement, which will probably be sold into initially