Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wow. Bamps. You are not one for sensationalism, I've been following your posts for a couple of years, I don't post much myself, as I don't really have a lot to offer that others haven't already said. You are. Man of few words, and those I have heard on Telegram and on YouTube, like your "tour of the decline" with what you expected to see, really brought to life what I'd invested in. I've always sort of known what we had, but we get drip fed info as and when, when we need watering. The more info we get the better. The truth is somewhere between the rns's and the independent calculators. You've been itching to issue this new calc for 10 odd months. I have to say it's very brave of you.
I for one (and I'm not alone) are very grateful to you for the little snippets of shared information into the mind of someone much more experienced than us. Thank you!
I dont think its the LTH, i think its messages associated with the sht1e that disrupters post, and the tone of the messages. Rude or curt messages will wind up the average reader, and just create a toxic atmosphere, which is uncalled for and not really welcome here. (IMO)
Here we go with your 3-6 posts '1 month old dodge account' you won't last long here, believe me.... Spreading FUD - fear uncertainty and doubt - over the bulk underground, becuase that's essentially the only unknown left that such disingenuous posts can target.
Last year we had months and months of tecnhical FUD with the GreenTool and others - who said Havieron would never be economic... but here we are 12 months later with a gigantic starter deposit, a $50m decline going in, and $50m GGP cash funding to DFS, and a published phase 1 mine PFS to take to the bank ... so NCM can get ore to Telfer ASAP.
You may be able to confuse and scare the un-researched with your manipulation, but you cannot touch Bamps or me.
For the rest of you MrBig is a skilled and devious operator who last night was attempting to exploit an ostensibly clever argument. The posts were subsequently removed this am. For the correct reasons.
What he/she was trying to do last night was apply NCM's conservative, underground stoping phase 1 mine operational costs @ $84/tonne - actually $81/tonne according to GGP using the correct exchange rate to Bulk Underground production.
The first Stoping operation has naturally has lower volumes, due to the inherent volume limitations of the Stoping technique and higher costs - ore transport to surface limitation, requirement for drill and blast / explosives, and extra material handling, and subsequence labour in back pasting costs )
But you cannot apply this to the anticipated Bulk under ground block caving grades of the larger scale deposit where the cost per tonne would be circa $25-27/tonne
This is a totally and fundamentally inappropriate comparison made by BiggL - It's like comparing two completely different company cost structures, AND specifically designed to imply that anything under 1.5g is likely to be 'uneconomic'...
And It's total BS becuase we ALL know that Cadia is economic down to 0.4g/t Au... specifically due the bulk efficiencies of the operational costs.
And very much like comparing and interweaving the cost structure of building Ferraris directly to Ford Fiestas -
IE both make massive profits, BUT in TOTALLY different ways . Obviously You cannot make a profit building Ford fiestas in the way you build a Ferrari though. That would be loss making.
That's the best analogy I can come up with. And that is the tactic of this poster. Always Happy to smash them into touch.
Expect Multiple shorter accounts with a very obvious agenda.s
Regarding bulk underground : The only question is will this be a block cave or a more selective sub level cave...? Anyone with mining nouse can see that.. The grade in those breccia are nothing short of sensational. And a mine in their own right.
https://www.thelawpages.com/court-hearings-lists/Southwark-Crown-Court.php
its been a long week !
Sorry if this is a duplication of previously posted messages but
this is direct from HL advisors:-
"We can accept unsettled cash as a result of a recent trade to buy the OO shares on offer. I.e. once the trade is placed we can accept the resulting cash proceeds straight away. "
"In terms of the ISA the whole cost of the shares will fall in the current tax year 2019/2020. In terms of the SIPP buying new shares through this Open Offer does not attract any Government rebate (this only applies to new cash contributions to your SIPP)."
Please have enough cash (whether that be by top up or selling existing holdings) by our deadline of 15 May.
Im sure this is saying if you sell shares in an ISA, to buy more, the new amount of shares would get put straight back into the ISA Wrapper it came from. If you add money to buy the OO, you would have to put it in the 2019 / 2020 wrapper. I'd prefer to keep my whole years ISA £20000 intact and use the free 1:22 offering as extra shares in my old wrapper by selling shares to buy back the OO ( God knows it needs it after recent shenanigans !) and if I wanted the extra shares as well , I'd add money to this years ISA.
Finally, as Sirius is trying to raise extra money by offering the OO, then effectively if everyone sells existing shares to buy the OO shares, surely there will be move OO shares to dish out to the people who want more then their 1:22 (or am I getting my Snickers in a Twix?)