Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
For too long this stock's been shorted. Looks like someone on ASX is getting cash call notifications! lol
100M in the bank plus 1% royalties would be perfect here. Good cash to explore and develop next (Western?) projects and cash cow when KN comes to fruitation. All financed for decades to come.
GOOD rejected 400p offer, today trading at 230p and will go much lower. They'll get another offer later at 150p and they will accept it when it comes.
Wasn't Bacanora offered 200p per share back in the day and did not take it? Years later they are sold for 67.5p per share.
Point is - if there is an offer - take it.
Nice move on PoG. Is it? Is it finally now??
Current trend is to eliminate Cobalt form EV battery packs. There is no or little future in this metal.
I sold out for beer money profit. I will be back thou as soon as they start drilling NWQ looking for Copper.
PUR lies bang in the middle of GBR, Barrick and Evolution. Anglo and Sprott ownership of ~19% is not guaranteed to prevent predatory bid. It would have to be good thou, in excess of of 60-70% of VWAP, to convince some shareholders and considering 8 Zone things to come, more than likely we would end up in a bidding war.
Holding and adding.
New presentation released today states cash on hand unchanged since last Oct so it looks like they've got AISC under control.
Nice move on PoG, $1850 will be under severe pressure this time. GLA
They had 10M in the bank by end of Q3. I am hopeful for Lithium play to be added here but I believe that one day they will hit 15% grade Copper. Lots of cash on hand, lots of other targets in Mt Isa. One day... :)
There is a wide expectation of a major market correction next year. When it happens, money as always will head towards gold. There is your Black Swan, SanLorenzo lol.
Merry Christmas.
I hope so, Greg. I think we'll see trading action in 40-50p range first to flatten 50MA before moving higher. A lot will depend on PoG and O'Dea.
I managed to add good few over the last couple of days, could not resist screaming buy charts. PoG is also looking stronger, will it attract smart money and push for $2000 again??
Looks like it doesn't want to go lower. As per last 3 Corporate Presentations, cash on hand only increased so even if AISC remains high atm, there is no imminent risk of further dilution. Cautiously optimistic - I would call current state of events a great reset and (delayed by one year) new beginning. Come on Pure!
*milled
Resource update would matter in case of T/O which nobody wants atm. What's needed is improvement on milled head grades and AISC.
Opinions? Tax loss selling season for some, buying opportunity for others.
Q4 results could be interesting - higher than expected head grades from East ramp to be processed and new chief in charge. 27k -32 onz AU forecasted! That would triple efforts achieved so far, would that triple our SP? No. But second quarter like that? It should :)
GLA.
Interesting price action in Australia on Thu - smart shorts closing before pretty much guaranteed good sample results from Litchfield pushed the SP above 50 MA, comes Fri and some eejit executes short of 1m to keep the SP below. Looks like someone is about to learn a lesson on shorting lithium stocks :)
5 bagger here it comes.
GLA
That is incorrect, Cheated. First year of production ment to deliver 69k onz. This information is available in every Company Presentation if you ever bother to read one.
No indicative or visual reports for the last 2 holes??
All on lithium for me, it is. CCZ seems to be targeting shallow deposits which could prove fruitful as per CXO (up to 300m max depth) exploration data. There is still hope me thinks! GLA
Labrenz fills all requirements to be a good CEO - inteligent, good talker when it comes to technicalities or explaining in Layman's terms. Having said that, I feel like he was trying to run before he learnt how to walk. He can stay IMO as long as Belanger runs the mine. She and her vision is the gamechanger here.