Member Info for ceejay101

I'm sitting on the sidelines here thinking to buy in on the basis that peace will result in a rerate. My challenge is that putin is unpredictable.

If the EU agrees to release the frozen assets then Putin will not treat this as a provocation even it provides Ukraine with a negotiation tactic of saying they can continue to fight.

The land concessions will always be a sticking point. Does anyone here see peace or some agreement actually happening in the near future.

Apologies for not directly discussing the share but the price of ferrexpo is inextricably linked to war/peace

What a pile of crapola this share is, not forgetting to add Neil, and the Ghana government into the mix.

I've just done a comparison on co-pilot to see the share price decline on an indexed basis of Atlantic, albermarle, and pilbara against the spodumene price. The correlation is surprising with pilbara now at an indexed figure of 45 (base 2022) Vs 38 for Atlantic, i.e. they are all close together and there is only a slight premium for producers.

I've been a lth and trying to work out whether to sell out after years of nothing. The figures suggest to me that the mining licence might move the share price only slightly.

The forecast increase in spod is what will move the share price although I was surprised by the price that came back.

Napthman1 - completely agree.

My point is that the macro-economics of interest rates, ai burst etc could be a complete drag on all shares. Almost think of the film titanic when the ship went in and everything got pulled down with it.

The release of production figures had no impact on newmont, fresnillo or ggp. The end of year financials will result in a rerate for all as we know profits will be higher. If we get caught in a wider market selloff then the question is how much gold producers get pulled down as well.

In the meantime, china has appeared to remove the tax exemption on the sale of gold, us fed has changed its short term stance on whether to reduce interest rates which has given the dollar a boost today. The Aussies are also on hold with interest rates which hit miners this morning.

Also Microsoft have worked out they have more chips than can be powered, the ai drop is about to happen.

We know to hold for gold but the question now is whether to buy now or buy later.

Lynas rare earths?

What would the IRR have been if the project was given the go-ahead back in September?

If the IRR was the same or thereabouts then my question is whether the board have also dragged their feet on this

At this price, even with ratification, what price can we expect? I would see any uptick limited to 50% which takes us back to 22p. Hardly inspiring for lth.

I agree. This will destabilise Russia. I would consider 2 weeks a quick conclusion. The war with Ukraine will collapse (fxpo might rally). Markets won't like a destabilised Russia, can poly be punished further... The russian assets could fall to nothing. The kaz listing won't be necessary. The binary bet is still there although short term this will drop, I might hoover some up

Any indication of when the audit will come through? I was expecting it last month.

Ignite Luxembourg Holdings, a company indirectly managed by Rhone Holdings VI, offered to buy a 20% stake in RHI Magnesita at GBP28.5 per share in cash, a 39% premium to the stock's close on Friday. Rhone said it aims to buy a non-controlling minority stake in Vienna-based supplier of refractory products. The offer values all of RHI Magnesita at GBP1.34 billion, or at GBP1.38 billion including a dividend recently declared by RHI Magnesita.

i've missed a couple of posts as had sold out and bought back in over a period. Are we expecting entry to the ASX300 soon?

Darktrace is an example of a shorters attack. In that instance they provided an instant rebuttal. The board and lawyers should have been in a position to provide a rebuttal. It seems weak to have to wait until the weekend unless they are getting the Ghanaian government to wade in as well

Will the suspension get lifted today?

Anyone traded polyus? Russian based gold company tradeable through gdr.

I noticed an RNs from them this morning

Im think the same, is there a future deal in sight with samsung on something else?

Given some of the commentary here i think there is a market in blockchain peer to peer betting on various outcomes of things.

only because we have exhausted to death the value of the settlement and SP.

When will the RNS land?
Today
Tomorrow
Friday AM
Friday PM
Monday

Are we expecting some upward movement as we head into the final furlong?

An interesting point on the percentages.

The 50% on $160m seems high. I would have thought by the time we get to $60m the % would drop quite quickly.