The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Nevada cement are owned by eagle minerals
Are my top pic as buying us out.
What a great week it’s been to be a SRES LTH
Strange prediction Bsg4 given the price action this morning. Although anything is possible, I think we will close .26 at worst and .28 at best. .3 nest week looking like a real possibility.
The reason Tesla want to split there stock is that it’s too expensive for most retailinvestors to be able to buy. It’s also an outrageous bubble so it’s time to bring in joe public so there is people to offload too!
Sam, our brand new poster trying to so the seeds of doubt, you’ll have to do better than that. The numbers just DO stack up.
Nice progress today. I think we have a way further to go yet!
I didn’t think much of the interview, didn’t really say much! I’d have liked him to have been a bit more upbeat and have been giving stronger signals that he had a clear next steps plan
That the SP didn’t move up today in response to the permit being granted. To much selling into the rise by safe and other week holders to really let the chains off this. Still there is lots of value to unlock here now, really need to see a lot of volume to soak up the weaker holders so we can move up to the next level.
I think 3.5 is realistic if we hit initial production targets, in two to three years. Expect I’ll not be able to resist cashing in a lot sooner though!
Byplones, thanks for bringing the updated docs to our attention. Great news!
FM has significantly upped his came on the promotion front, any speculation about the timing?
It is good interview, he comes across really well and refreshing to have an aim interview where real questions are being asked rather than pre arranged company prompts!
My one concern though: what will it mean for us PIs if after JSE listing they decide to delist from aim and not realist elsewhere on theLondon exchange?
Faramog, that is exactly why this is such a good investment, even if V price stays low at 25 to 30 we will still do well just not as well but chances are vrfbs are going to fly and stimulus packages shall increase V demand and prices, I think 35 to 45 is likely in next 18 months.
Harrim none of the above there is plenty of articles google how does dual listing work.
Exactly the update we expected, solid performance, solid plan, prudent financial management. Articulate responses to investors questions in the conference call. Growing production in a global demand growth product. Rising V price in China where we are increasing sales.
There was unfortunately no Rocket Fuel news on BE side but our solid base should see us rise towards fairer value
Few more details on our plan
The Mine Plan envisages a 27-year mine life where both perlite and natural pozzolan are mined from the Main Zone in Phases 1-3 (years 1-15) with pozzolan continuing to be mined in the Tuff Zone in a new Phase 4 (years 16-27). During this 27-year period the Company proposes to mine approximately 1,656,000 tons of perlite (years 1-15 only), 14,523,000 tons of pozzolan, and 2,617,000 tons of waste rock. Both ore and waste will be extracted from the open pits using open pit mining methods of dozer excavating, loading, and hauling. Given the semi-consolidated or fractured nature of the material, it is not anticipated that drilling and blasting will be required. The Company will use front-end loaders to load the ore and waste into the haul trucks. The haul trucks will transport the waste rock to the storage areas near the open pits and transport the perlite and pozzolan to the crushing and screening areas to be processed at the respective on-site processing facilities.
I agree Jay, I hope they will start with low cost production establish cash flow and then seek funds to increase production/add value to production.
In Feb this year our most recent presentation states:
Page18
Perlite:
Low Capital Cost Start up Option - Produce only coarse horticultural grade raw perlite using contract mobile crushing and screening operation (pay per ton).
? Low risk, lower cost single perlite product with by- product pozzolan for sale to cement companies.
Investment Option - Build a fixed perlite processing plant to produce a range of perlite products for horticulture and industrial applications. Preliminary plant design completed.
? Require capital investment (est. <$10 million) but achieves higher utilisation of the perlite resource.
Page 19
Pozzolan:
Low Capital Cost Start up Option - Sell run of mine ore to
cement companies (e.g. commercial trial now completed). ? Low risk, lower cost but lower value product.
Investment Option – Build a grinding facility (off site) to produce a fine ground pozzolan for sale to the cement and ready-mix concrete markets.
Page 24
Mineable by long life open-pit with low strip ratio targeting:
? 20,000 -100,000 tpa perlite (sales value up to c. $10m per annum at mine gate)
? 100,000-500,000 tpa pozzolan (sales value up to c. $50m per annum when ground and delivered)