Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The only acquisition that would make any sense right now would be an Aussie gold producer. Certainly don’t need another exploration company as we have enough going on with our own tenement's.
Can’t see anything happening anytime soon, but anything possible now we have some serious backers added to Shaun’s ambition.
I Absolutely hate share consolidation as all it does is hide all the dilution that’s gone before. It’s of no advantage to us Pi’s other than cosmetics.
Dilution for funding isn’t the problem, it’s all the warrants handed out over the years that’s the problem, not to mention the low price of the warrants over the years.
Thanks Paddy, I’ve just looked back over the PFS RNS and it seems it has scope to contain quite a bit more info since the MRE.
Havieron Feasibility Study
The Havieron Feasibility Study is estimated to be completed in the December 2022 Quarter and the study scope is expected to include:
§ Completion of a further infill drilling program by end CY21 to increase the Indicated Mineral Resource base for potential Ore Reserve expansion
§ Completion of the growth drill program immediately below the Crescent Zone for potential Mineral Resource expansion
§ Further investigation and optimisation of the Sub-Level Open Stoping (SLOS) design and sequence, including using any new Indicated Mineral Resources converted from existing Inferred Mineral Resources through current and ongoing drilling that can support production rates of 3Mtpa or higher
§ Initial assessment of future development options with further resource growth in the Northern and Eastern Breccia including evaluation of lower cost bulk mining methods.
It would be great if we could put together another resource update including all known results before the FS to help the market understand the growth of Havieron. Am I correct in thinking the FS is based only on NCM’s original MRE?
I think it’s a bit disingenuous to say we were in a mess. We were where we were at the start of an exciting project. As they say hindsight is wonderful thing.
No escaping though that every successful milestone has been met with a decreasing share price up to now.
Hopefully that trend will be broken in the weeks to come.
Bamps, I totally agree and truly hope that’s the case. Personally I feel slightly uneasy about the cosy relationship between the new additions. I suppose that in part, the new appointments are a condition of the new finance? Having a seat at the big table.
SD has done a fantastic job pulling this together and experience he’s bringing to the team, but hope he doesn’t lose control down the line.
W_D, I think you make a valid point and it does concern me. We do seem to be giving a lot of control away. However the other side of the coin being it helps prevent a hostile takeover, assuming everything goes the way of SD’s vision.
Seems you have a short memory since you complained earlier to the negative poster asking what he’s missing only to switch attack to the positive poster trying to changing title to a positive.
Personally I like to read all posts and make my mind up rather ***** and moan about the quality, unless of coarse someone’s spreading bull.
As for the comment about me following the bb routine, then I have to agree. If you have been on this board for as long as I have then you see all the low life scumbags, lower than a snakes belly trying the same tricks over and over again. Desperately trying to get us to sell, then disappear when called out, only to pop up again seemingly reborn.
Over and over again, repetitive and boring, to say the least.
Don’t tell me…………..you like to think of yourself as on the side of truth, and in particular your version of the truth.
Any chance you have been here before under a different name, you sound very familiar?
Thanks for the advice, but it’s really not needed. I always smile when people like yourself show up. Can’t seem to make decide which side of the argument you want to be on, then proceed to complain about the quality of the posts.
Clearly you have a high opinion of yourself. Lol
Indeed Dip, paddy is a gentleman and has never ramped to my knowledge, Bamps is very analytical in his approach, but always goes to great pains to point out things don’t change over night. So I’m not quite sure how they are rampers since they don’t talk up the share price.
Enthusiastic would be a better description.
Hydro on the other hand can get carried away and I think the term less is more is possibly the best way forward, but only a fool would dismiss his posts as he’s also very informative.
As with any info you should always DYOR as ultimately only have ourselves to blame if things go wrong.
Personally I would always take more notice from someone I see as having skin in the game as opposed to those who are clearly not invested, yet feel the need to convince us all that this share is a bag of ****e.
VS, no need to apologise as your post is from the heart and not offensive.
The Fudsters and shorters are working in tandem to try and create a sense of impending doom.
Seen it many times before and will see it again.
As the saying goes, no pain no gain.
GLA
VS, nobody’s blaming Shaun. It’s just we have to roll with the punches.
Like it or not NCM have created what looks on the surface as a funding squeeze, whether intentional or not and the market reaction is normal in that scenario until we have news.