Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Https://en.wikipedia.org/wiki/Titanite
yes "used in pigments".........Shaun told us that......oh and Shaun also says we have loads of it!!!!
It will be investigated to determine "the best commercial route" which may or may not me a Large mining operation at an early stage...........personally my guess is that it will evolve over decades.
but SP of 10p seems a bit cheap....lol! The "unknown" potential alone should have us to 50p in short order...perhaps by August (my guess and all IMOO)!
GLA
SP Angel:-
"We anticipate this will require further studies and testing for the delivery of a ‘rutile equivalent’ product in line with Empire’s strategy."
Hence my reasoning yesterday suggesting in my post 3 X days ago;-
"....but looks good to load up and substantially increasing one's EEE long position on 29th July..(14days after St.Swithin's)..."
I am "best guessing" August will be when the "delivery of a ‘rutile equivalent’ product in line with Empire’s strategy" will become apparent, known, understood and "BOUGHT" .....
......and recalling the RNS on CSIRO & AXT12/2:- ".................The Company expects results from this programme to provide a better understanding of the mineral assemblage that compose the host rock, including the specific minerals present and their relative abundances. An understanding of the mineral assemblage will provide important information towards establishing the dominant minerals, and especially the titanium-hosting minerals, which is critical to identifying potential ore processing options towards the economic assessment of this giant mineral system."
GLA
The feedstock is not the problem....looks to be limitless!
The low capex and opex potential looks good.
Purely depends on what size operation we go for.
That will determine the projected revenue/profit and the market cap. of EEE.L....
.....the number of shares in issue at that stage will set our SP.
So impossible to say at this stage but probably above 11p...lol...lol!
My thoughts exactly......now that the "elephant in the room" which was holding the SP at current levels...is now just a "whale" ....slowly with a few more (post today's news) podcasts.....we will re-rate.... IMO there is no reason why we can't be a £250k market cap in short order timescales.....50p by end of August....if not before! What surprises me is that sellers are not conceiving this yet! But the real prize will be when the market sees the IRR% at PFS stage...which is a while off yet.
I would expect the £1bn plus market cap at that stage....depends on how much Titanite will be processed each year...and or other jvs etc.
Sure Noel re. housing certain areas in the UK are over favoured and hence overpriced.....and I accept that.....Most of my property investment is "for a reason" and long term and it matters not whether it falls 200% tomorrow or rises the same.....as it ain't getting sold! The 5% maintenance costs are covered by rental income and tax offsets!
It's all just part of a portfolio really and the only "excitement" is the ups and downs of smallcaps.......I've been in and out of FRES etc. also over the years.....and my guess would be that it wouldn't be the worst investment by far starting from 8am tomorrow? If I had my choice all over again I would never have bought any Share other than the small total gamble.
But once one's "hooked" you can but check out from time to time....get off the train and look around the stop.....but on again you will get....you can never "LEAVE"....lol
ATB m8!
In our area of the UK....house prices have not quite doubled in 25 years...but near enough....my gold bars did go up 30% quick enough and I stupidly took my investment and a wee profit back and kept the remainder as a "free carry". AS I now look back I see I was buying 10g bars cheaper than I would buy 1g bars today. ....and I think it's only starting.....crazy or what? I think COMEX has 'ad it! As Olivia Newton-John says...let me hear your body talk etc. lol.
Seems another well respected poster is having a problem with you Rainwhenidie on MARU.pl
Andi says:-
"Now you know as much as me and I would really appreciate if you started doing your own research and maybe coming back with some useful info and not pet names and cheek please. Sound reasonable enough? OK cool, looking forward to your positive contribution now I won't be replying again."
and your reply:-
"OK I guess we'll leave it there then ! I'll just sit here and wait for the magic to happen. Thanks !"
I hope you do the same here........p.s. The market cap and hence S.P. on these shares reflects the market's perception of risk and that is why we are priced accordingly. If one wants to invest with much less risk and reward potential one should look at the majors and if one does both and has a portfolio (I have 50 different companies)....and cash, properties, collectibles, etc. besides.....all for different reasons and designed for real growth, income and low risk overall....therefore peace of mind and contentment.
ATB
Rainwhenidie, I'll put it politely too then....lol.
You don't know what you are talking about as you haven't DYOR on PXC. Whilst your opinion may make sense generically on some other shares, you need to be specifically up to date with PXC and how we are planning a small scale operation to ultimately fund a much bigger one later!
I don't know if Bankruptcy's name is fitting because I've never heard of him. I am bankrupty (abbreviated due to my success in buying near bankrupt companies stock about 20 years ago).
Making uneducated specific assumptions makes one look a bit junior and silly....lol! May I politely suggest you get educated on PXC if you want your opinion to matter!
ATB
I see smart bottom is back.......I think the BOD, Riverfort, all PXC shareholders, Konnex employees, and "interested pending Investors" all fully expect PXC to be in production......If they didn't .....they wouldn't be here...lol!
I see your post of 1st March also remains unanswered.....I wonder why....lol!
And from memory the "insiders" (or as close as) were buying @ 20p and couldn't believe that opportunity was present (anther reason why I think 20p is where the BOD value PXC as "today's value" and "short lived" at that!
Indeed we went from 6p to 75p over the course of 16 months in '20/'21........so the 80p+ should occur when we "close" the first tranche.
I would guess that $25m is not a theoretical figure "plucked" out of the air........??
A bit of what I posted on t'other thread....."...so I might repost from time to time, when I have something to say.....and hopefully the rest of my friends here will get something from it.....but I will say...it is playing out pretty much as I said b4! not bothered medium term....but looks good to load up and substantially increasing one's EEE long position on 29th July..(14days after St.Swithin's)....keep a diary note....just a bit of fun.....see if I'm near right...lol"
Nice weekend wishes!
p.s. no offence to maybeoneday..(Mr.positive on LSE....nice holding!) GL.