Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Judicial Review is the very least of the NS problems - fortunately wokeness has not yet infiltrated the highest courts in our land. A laws-based approach to NS exploration and drilling would be a fantastic improvement over the political desperados currently mismanaging the "Conservative" party.
For once that should be our idiotic government not the bod (although the bod haven't risen in my opinion, but I can't blame them for the awful regulatory environment in the NS!)
Wow. I have just read the longboat RNS about their Japanese JV. That is amazing if the Norwegians give almost 72% of losses back in cash the following year if I've understood that correctly. I keep hearing our idiot bod talking about raising the windfall tax because they pay a higher amount in Norway. Possibly someone should point out to these cretinous fools that the Norwegians actually give something back to the o&g industry in the tough times instead of just carried forward losses.
What ever you do, Moresco, don't mention the need for an actual resource, that really triggers a lot of them. You'll probably even bring out the clown with his cuckoo video posts.
What an amazing bod this company has! They've turned an.almosy billion pound company into less than 100m market cap! Well done, Christian, great job there. I remember all of those years of listening to spambot telling us that each time some administrative process was needed, that would be the last piece of the jigsaw! Must be one helluva jigsaw at this stage. Feel really sorry for the PIs losing all their money here whilst Baton Schliffovitzky milks millions from the company in salary, benefits, expenses and options. Hopefully a great lesson for those PIs who can afford to continue to gamble on aim: never trust that any bod is looking out for your interests, and always question what is being put in am RNS
Folks! The gold is still there, all of the qualities which originally attracted thE majors are still there. We may take a sp battering for some months, but if you believe in the asset then today is just a great clearance sale to pick some up cheap. If N/A don't want Anza, then I am sure there are plenty who will, Chinese included. Perhaps Brad now needs to call the same bank who did Arc's JV (since we are stuck with NvS on our bod) and ask them to hunt around for better JV partners or get a sale for the company. I bet N/A would absolutely hate to have to deal with another major on the other side of the table. Just thoughts.
I hope you are enjoying this story, JS. You appear to have many more shares in JOG than I have left. Glad I ditched this when I did. Perhaps the opportunity will arise for me to buy them back under 200p. It doesn't look like bungling has much to announce. Although perhaps we can look forward with eager anticipation to an announcement that he is dramaticly increasing his salary to reflect all of the "shareholder value" he has delivered.
So now our favourite spambot is effectively telling us the DFS is the last major hurdle before the sale. Good god, it's not like the guy/gal has ever falsely stated that other anticipated hurdles were the final hurdle before the sale! At least most halfway intelligent PIs here realize that the FSP ended years ago, no recommended offer, and the cash flying out of the door on salaries which are way too high for the lack of value delivered to shareholders. Fortunately the Eurasia circus will come to an end in the medium term as they're running out of cash and who the f*** would invest in a Russia palladium business given Russia's newfound pariah status in the world, and the accelerated demand collapse for palladium.
It's actually rather funny to see people defending a BoD which pays itself more in salary and fees that the entire mining revenue they generate each year. All starting to look very much like a lifestyle co, and of course they have kicked down the road the expiry of their options. To do otherwise would simply admit that the deal is dead, if it ever actually existed in the first place.
I suspect it was that incredible investment advice in Midas.
I think drilling makes it even more unlikely that a transaction will take place before those results - why would Arkle want to sell before they potentially have resource-enhancing results to increase the value, and why would anyone want to buy before obtaining greater clarity on the quality of the asset they are buying? Once that final Stonepark drilling is done and results known, I imagine Glencore will then be quickly to this particular party (assuming that they intend to join this party at all.)
Auc, why would they buy part of Arkle's share?? If this is worth at least the 11m Glencore offered for it years ago, then it would not even get Arkle's share below 20% G11 are explorers with a massive project in Ballywire to explore, I would be willing to be you £100 donation to a UK charity of your choice that G11 will not be buying out Arkle's Stonepark share with this money raised. Glencore, on the other hand, is a serious contender one day. It's just a question of whether you and I live long enough to see that day. Teeling is no spring chicken, however, so I am hopeful that he is also looking to cash out in the next few years.
All good, bonkers. I am still very curious though as to what these other 3% of respondents think is an option for MFC which wasn't covered in the options above them. I do look forward to seeing what happens ultimately with MFC. But I think the uranium, gold and silver are the best prospects, with the Tungsten in GMR offering a possibility for a short term profit if a domestic US miner buys it out once it comes to market.
No, I said no such thing! You said:
WHAT SHOULD POW DO NEXT WITH MOLOPO?
6% said sell or dispose the asset
15% said continue exploration and then seek a J.V
75% said seek a J.V before any further work is done.
1% put the asset on ice for the short to medium term
3% said none of the above.
My view is sure sell it if a good price is offered, or seek a JV partner to pay the costs and pow keeps a slice of the action for a free carry. Looking for a JV partner before spending more money means effectively it goes on ice for a while. And the one thing i don't want to do is spend money we don't have on MFC. The last one was a genuine question: what do these 3% of people feel is an alternative? We've covered: sell it, JV it, put it on hold or drill it more ourselves. What other options are there for any asset?
1. Depends on the price they can get
2. We can't afford it
3. Most logical and practical, we shall see if there really is interest
4. Aiming for 3 pretty much guarantees 4
5. What are the other options exactly??
Near surface gold along that full strike length would be rather valuable, and a good source of easy cashflow with processing and infrastructure nearby. I also hope that GMR gets quickly bought out once it is listed, the Americans have too much dependency on foreign supply of critical minerals. That would give cash to spend on the wholly owned uranium assets. Silver could also be a great investment given silver's customary dramatic outperformance of gold once a gold bullrun starts to end.
Indeed Gino and an opportunity to fill your boots at a lower price than he paid.
Tbf I was never that interested in Molopo, although like most shareholders I would have been delighted with a drill win. I do think it was a mistake to spin out Pilot Mountain as it was already a resource and has capacity for easy expansion. Tungsten is only getting more important to the US military machine and has been on the US critical minerals list for years. But they have decided to do it that way, and it is what it is. Tati may prove valuable, time will tell us. But the real future I have always seen at POW is uranium since there are so few London listed vehicles for uranium exploration. Gold of course could also be valuable for POW eventually, either Tati or Victoria Goldfields or both. Once these spinouts are completed there will be a way to at least value the holdings on the balance sheet, and quantifiable value is what is missing from so many aim companies.
Hello JS, sorry to see that you are getting attacked by the usual gang of thugs and bullies on here simply for having a negative opinion about the poor way the company has communicated, and sharing my opinion that the CEO is not really very good. I strongly suspect that if you were one of the rampy ramp brigade you would be getting applauded for every NPV calculation you could generate, irrespective of the fact that the share price clearly reflects the market's unimpressed by this partial farmout, behind the promised schedule from November, and guarantees Jog a meagre 12.5% stake as things look at the minute. I hope your investment does well for you. I might buy back most of what I sold if this drops below 200 again for a quick bounce back to the 240 level where the MMs obviously think it belongs. How unfortunate they have not read the broker notes and immediately moved the share price up to 600 where the experts on here say it belongs. Don't forget that the biggest risk is apparently that Jog gets taken out on the cheap. At least these rampers have a sense of irony.
I spoke about cashflow in relation to Atlantic lithium! BP, Vodafone and alphabet have no connection to ALL, nor any connection to lithium mining.