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10c

Given the following statement in the RNA it looks like Happysays is right on this one, "PGM oz guidance remains unchanged at 38 000 PGM oz with the potential of upwards revision depending on South Africa's power supply outlook"

Fair enough but the tax thing is completely out of his control.

I think for copper specifically confirmation of successful ramp us is needed in the next update. PGMs doing well today though also.

Just the target processed output Jonah. Which obviously is the important part regardless of how much is fed in the front end. We'd know if grades were off though as they wouldn't hit it.

Are you saying that since in your opinion grades are low Roan will be exceeding it's processing capacity when producing 550 tpm and that if grades were to increase up to expected levels it will exceed it's production capacity?

Bushy, "It's evident from previous activity that siesnev doesn't understand metallurgy, their recovery processes or entry level book keeping.

He is on the other hand very good at shouting very loudly when he doesn't understand or like presented facts. He has nothing to offer with regards to company insight or the future landscape based on current environments. He is a clown that will cost people money., I do not believe that someone who relentlessly posts such poorly informed vacuous dribble could actually have any kind of financial interest in the market.
"

Projection?

True SeisNav. I couldn't be bothered to view the q&a again so went with the numbers in RNA which didn't state the percentage Roan would be running at. If I recall the q&a properly (relying on my memory is usually a dangerous thing) it's 80% before rising to 100% a bit later on. So, grade is close to 700 tpm. Nearer the top end of expectations.

The company explained that without using the words "grades" and "lower" in the same sentence.

Can't see how copper grades are lower than expected. That one is a mistake / lie.

From the last RNA, "Post commercialisation, expected in May 2023, the Southern Copper Refining project, projected to maintain 550 tonnes of copper per month from Roan alone and 130 tonnes from third party supplies"

Epected grade from the company presentation, "500 to 800 tons of copper per month to Sable
(depending on feed grade)"

Falls within range and no doubt the outlook is set conservatively.

This is bullish for IQE's share price IMO but not yet. Assuming sensors in all models start migrating under the screen and once current customer inventory levels drop should be good business for them.

Gold is going up because of some weak US data leading to speculation that interest rate rises will be paired back a bit. That's all.

One more step taken. A fair chunk of new shares entering the market but it looks like good value to shareholders at the current price. All eyes now on how TGR develop the assets.

The dollar isn't going anywhere. However, if gold can hold where it is now Shanta should have plenty of room to rise.

Right you are SAGACITYRULES, I should have read down to page 53 despite the headline at the top being profit! lol

It looks like it's been caused by tax which is odd. Would we expect to have that rebated at some point?

I can't see the loss? Looks like good results to me.

Actually this is really good news. I think it shows that competitors have fallen behind IQE in terms of the technology. Otherwise Apple would be looking for dual supply. Apple are struggling (relatively speaking). iPhone sales are low and their suppliers no doubt are the ones that have a lot if inventory to work through so I'm not surprsied there's no immediate boost to IQEs SP. However, unless you believe people have completely fallen out of love with Apple and aren't just foregoing an upgrade cycle this is very real jam tomorrow and it should be a good big dollop of it.

Yeah that's not good. I doubt Black Swan have granted exclusivity either fatherelmer.

Very interesting find. Especially the comments around cost. Looks like 36 months to become a mass market product and that's dependent on graphene coming down to below £100/kg. Overall great for VRS but hope they can maintain a healthy margin through the expected price drop.