Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
No news is good news, but the market missed the point, or so said Colin a week or so ago.
These new rigs were supposedly, (from the start) required to have a range to 1,500m + was my understanding, so guessing that may be the reason they appear to be a different company. Question is do they also drill at an average 70-80 m per day? Time will tell of course, but an update on progress would also be nice.
If you listened to Colin's earlier interviews on the subject, it was mentioned regarding an initial open pit, 15 to 20 years with block caving access then being easy, which has been done in many locations, including at Cadia.
The block caving ends up like ants nest in some places, differend caves, different minerals, and lots of conveyor belts, linked through underground tunnelling, once up and running it becomes economical to process very large tonnages.
It is a proven model, so what we have does look very good indeed, especially if the multi porfrey district is confirmed.
A Eureka moment is due too.
That article said "potential as early as this quarter", when referring to Manica.
I liked that :)
I believe it a very reassuring going concern message, it is very different to previous years, being very positive on its message, and is projection to June next year, with indication of income streams on target, plus we must have a big amount in bank from the raises since year end.
All very good to me.
GLA
Empress in that presentation are again very upbeat with their 2.25% Royalty in "Manica", MMP, as their first revenue stream, commencing before the year end, earning them 1m plus per year going forward.
It bodes well for the patient here, as we will receive around 10x that income ourselves, basically from Fairbride.
GLA
I used to like the late morning RNS'S...
What a poorly researched post..... possibly a friend of the Freelancer for the Daily Mail?
Patience old chap, patience, no news is good news as Colin said, though it is frustrating
Or Thursday
Last we heard of Manica was Q4, 20? So obviously Q1 won't be great Alluvial production wise, Q2 should be a bit better, so results of Q1 worh update as to current progress on all other fronts would work wonders in my book.
Well, listening to the first 17minutes of that takeaway chat, I believe you filled the missing
Now to listen to the rest....
Reading what I have read, looking again at IP survey sections, and listening to the presentation, I am very happy to hold, this next 6 months will be very interesting indeed.
Seeing the scale on the IP sections, am I missing something, the anomaly would appear 2 to 2.5 km wide, extending, and widening to South East, when Colin now says intention is prove Jork to world class scale, coupled with his comments of previous share talk where he suggested a 15 to 20 yr open cast pit to access the deeper porfrey system via block caving, now I have no problem understanding the possibility that that can become reality.
Hopefully, he can introduce us to the African team also one day, things should be moving apace, on several fronts.
Actually it's only just over 6% drop since friday close, we have dropped far further on two days of the week in several weeks that finally end up positive, not as if a huge number of shares are being traded, I strongly believe that patience will pay off in the long term.
Of note there has been no evidence of flipping from the last placing.
We also need news of new appointees geo's etc, and of course the progress at theAfrican assets, dry season now.
Sort of annoying really yesterdays UT at close, leaving yesterdays price movement in for a second day. It does feel like games are being played.
That aside we wait for news.
Good excuse for a monday morning dip, seems a regular occurrance.
LW, Ella, my apologies, and good to hear your side, all will come out in the wash, like yourself and several others here collecting for a few years now. I may talk about patience a lot seeing the obvious frustration among many that post. I believe that in holding is what will see us all come good in due cours, no hard feelings I hope.
ATB & GLA
Patience, time will tell, I take it you have spare cash again?
It seems the general malaise here, no news and downward drift on low volumes.
CB's "No news is good news", message still holds as I see it, lets say bad news, the rains and, drill rig stopping were enough for an RNS, and pod cast update for that matter, time to sit on hands, news will come one day, and I see price re-rating upwards the most likely scenario, Africa too has many fronts where news should be forthcoming soon.
GLA
He also said in an interview, he thought AA may have got it wrong drilling Footrot, and that we will drill there too, actually I gathered that other potential targets within concession would also be explored further.
Would also be good to see/hear who our new Geologists and logistics team are, there is a lot more to joining all these dots together than simply providing details of hole two Assays.
Some time in the garden looking possible today, so that is where I will go now.
GLA