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So the 50% margin ,is that saying the price per ounce to extract is $900 plus ,seems high I'm sure a lower figure was stated on that previously but there is a tax of around 6% u think
Well nothing from our board to suggest the interview was a lapse in sanity from our new guy, really needs to be some sort of statement from Bird
Next time Nick gets a pay off
Yep this will re rate when the mining equipment arrives on site,either from SA or China to a lesser extent as until then no more Gold. CB needs that equipment on site asap as we'll have to start the other projects
The re rate could the other way to supply the cash
I suppose it's cash in the bank the money to get the oil out Has already been spent by True and us , so keep on pumping I'd say
Shouldn't that have been highlighted in the RNS if that is the case
Is the a sliding scale on % Xtract get on HR ,if the price did get to $3000 plus
Say what u will , Business very rarely Care about people, and SA well the government look at the shantytown s poverty corruption , profitable is the driver, people get displaced and lives ruined by businesses all over the world day in day out and that's reality horrible as it is
Surely it's the trucks in isolation not being used is the problem. Perhaps could have used a relay system,send a guy or two a fortnight ahead ,then send truck/s with drivers ,other drivers bring trucks back who have already self isolated,at the end of the day a few guys extra wages doesn't break the bank. Whether the drivers would do it another issue as anywhere money talks though
Yeah we just need the copper ;o) and the gold, if that was a given we'd been in double digits
and shall vest over three years from the date of grant subject to continued employment and these performance conditions:
(i) 50 per cent of the Options will vest at any time after the second anniversary of grant if the 30 day volume-weighted price of the Company's ordinary shares ("VWAP") is 14 pence or more per share;
(ii) a further 50 per cent of the Options will vest at any time after the second anniversary of grant if the 30 day VWAP is 18 pence or more per share, this part of the award will vest in full; and
(iii) if condition (ii) is not satisfied but, by the third anniversary of grant, the VWAP is between 14 pence and 18 pence per share, the remaining Options will vest on a pro-rated straight-line basis (or will otherwise lapse).
GRETA 8 MANICA July 12, 2020 CONTAINERS UNLOAD/LOAD 100.6 3642 ETD 16.07.20
HOLLY ARROW 9B DELAGOA-SL July 14, 2020 NICKEL LOAD 10000 199.99 35516 ETD 17.07.20
MINNA 10 CMA-CGM July 14, 2020 CONTAINERS UNLOAD 54000 189.99 30743 ETD 15.07.20
THOR MADOC 11 DELAGOA-SL July 9, 2020 CONTAINERS UNLOAD 54000 189.99 30743 ETD 18.07.20
ERRADALE MOZAL RENNIES-SL July 14, 2020 PETCOKE & ALUMINA BBAG UNLOAD 11500 179.99 24785 ETD 18.07.20
IVS TEMBE G/TERMINAL MANICA June 15, 2020
On 29nd of April 2020 the container terminal, sub-concessioned to DP World Maputo, welcomed the largest vessel ever to the Port of Maputo, the SANTA CATARINA. Operated by Maersk shipping Line, besides being the largest in length (with 299.9 meters) and beam (42.92 meters) ever to call the Port of Maputo, it also set a […]
So we're waiting for equipment to arrive from China for Manica freemilling and alluvials, anyone known if the Mozambique ports are a better option than the SA border crossings for getting stuff into the country.
Good news again if correct ,I'm supprised as well CB has made no mention of either in his recent interviews ,I'm begining to relax a bit not massive but may hold of a placing ,thanks A4444 for the info , be good if it was announced officially thou
A4444, that very good news to me I hadn't realised that we were now get a better deal on the gold price ,hopefully good on the contractors side as well to get the deals completed
I'd agree on that..Nov /Dec if Manica income streams don't come on line. Hopefully it works out
I don't suppose TW likes being BS ed to..which basically CB did a few months back on timings to the income projects in Manica. If we can't start the income flows before year's end the company has gone from verging on 5p plus a share, if the HR mining hadn't been delayed for months from previous statements and being a flourishing gold miner, to company placing shares to fund the copper projects bird has purchased ,I hope he hasn't dug a hole to big to get free of.
I'm sure Nicola liked it