We would love to hear your thoughts about our site and services, please take our survey here.
Odds? Id say 10/1
Norm if you ever hold out for dividends you will never have a reason to sell why would you, I know Rod has a fair chunk and would definitely not mind a decent income stream in the form of dividends along with his salary so I don’t see him dumping shares in the near future as some would suggest as Han**** currently has a mine life of 8 years which has the potential for over 30 years of production….
I guess Norm and HH I would have asked as a novice investor back in 2020 when i first invested why on earth you haven’t sold but I’ve e learnt that the long game is where the money is.
Ive got a vision for Alien and Im Rod sees this too,as he said Iron is a simple proposition and weve only got one **** at this so gongers crossed for the heritage clearance that we all desperately need.
The erosion of the dollar will be slow and painfull as emerging economies such as India,Africa,Saudi arabia will become a much more attractive destination for investors as they have so much more space for growth.
Personally as an investor I like intrinsic value in tangible assets such as materials,metals ,real estate,energy, agriculture etc.
These countries economies are based on these wheras here in the UK we are a consumer economy, hence why we are suffering with such lack of growth.
I believe the US has hit a brickwall in that sense and its only a matter of time untill that bubble pops and the debt catches up to them.
The world needs balnace as there are too many people going hungry on the other side while we have over exuberance over here,but this is all my opinion offcourse.
Thats what the british thought 100 years ago now look at us ,the US had its time now there will be a massive power shift towards producing nations including the brics which are slowly shifting away from the dollar ,it wont happen over night as it would be a declaration of war but it will happen gradually. Max max pointed out the first LNG transaction was settled in Yuan between france and China its happening whether we like it or not mate just saying.
Theannoyingdevil do uou live beneath a rock?
Bought a few more this morning happy yo get my average down below 1p
Taken from the PKF website
Mining
Our team’s depth of industry knowledge is recognised in the market as number one in the basic materials sector of listed audits according to the respected Corporate Advisor Rankings Guide.
We foster long term relationships with clients across the sector and will support you from initial stages of exploration through to production. We have been involved in numerous mineral and energy projects including precious metals, copper, nickel, iron and base metals, agricultural minerals, uranium, battery metals, diamonds, other gemstones and coal.
Our team understand the accounting and audit issues that the mining sector faces. We also understand their application in a variety of business models in exploration, evaluation, mine development, production and mining activities including:
direct financing of exploration and development activities and cost sharing models via joint venture arrangements,
disposal or part disposal of projects, licenses and subsidiaries to mining majors and joint venture partners,
in-house financing for feasibility and bankable feasibility stages, and
mining and processing activities carried out directly and by disposal plus a royalty stream.
Our expertise and in-depth knowledge will guide you through the challenges you encounter as your business grows.
Talks of M&A at this moment in time are absolutely ridiculous,Rod couldn't have made it any clearer that his number one priority is to get Han**** producing and generate cash that can fund other ventures, he's not interested in being taken over for peanuts and I'm sure no would be if they've done their research. Iron is a simple proposition, no processing, building a huge port or infrastructure is needed.
Fenix ,is that a joke? we are on course to make them look like little fish.... once heritage approval is over the line there will be no problem in raising the 5 million as we will be massively derisked. The BOD are not idiots they know the value of these assets under our belt which is why they are loaded with shares and have set up a generous share incentive plan when these milestones are achieved.
more than 1.5% run for Rio Tinto shares came after Goldman Sachs added the miner to its ‘conviction list’, after the investment bank’s commodity forecasters increased their 3-month iron ore price target to US$150/t with prices expected to remain above US$120/t in 2023.
Thats right 944 have to give you credit for that I too see a great incentive for a drill rig since we havnt even scratched the surface at han**** and have virgin ground at Brockman and Vivash !
As 5x5 suggested theres a good chnce we might find another sirius ext or two especialy since we doubled the size of the prospective land on the Han**** project with the new acqusition of the mallina tenement in which the haul raod passes.
Smiller I remember you suggesting buying a drill rig just like ECR I reckon that can be very good investment once in production later on in the year.
Great huld I wont clog up the board responding to your child like statements so il let you have that one if it makes you feel better okay….
Wow Hulddi You might be the smartest one here !
Huldi I dont follow that particular individual for your information...But I agree with a lot said in that speech
https://twitter.com/allwinnerspaid1/status/1628080197382680578
I agree smiller although it does seem a little conservative...... have you seen the size of those deposits they barely scratch the surface. No days for exploration Manager Bradley Toms as we really need to focus our energies on drilling the hell out of those ridges as there's a lot more to find...
A link to my twitter post below for those that have not seen it yet
Peter Whitcutt, CEO of Anglo American's Marketing business, said: "As the steel sector advances its efforts to transition from traditionally carbon intensive production methods to cleaner, more sustainable processes, Anglo American's high quality iron ore products will continue to play an important role in enabling low carbon steel production at scale. We are combining the premium physical and chemical qualities of our minerals with Thyssenkrupp Steel's innovative technology to drive more sustainable operations, all the while responding to society's growing expectations for climate-responsible production practices."
Anglo American has signed a memorandum of understanding with longstanding customer Thyssenkrupp Steel Europe AG ("Thyssenkrupp Steel") to collaborate on developing new pathways for the decarbonisation of steelmaking. The collaboration will focus on joint research to accelerate the development of high-quality feedstock for lower carbon steel production, using both conventional blast furnace and direct reduction iron (DRI) steelmaking - the latter being a less carbon intensive method which requires iron ore of a particularly high quality.