Member Info for cjmorley

1.1 million tons x ($130 - $60) = $63 million pa. profit

ERROR I was over excited $77 million profit

catb

1.1 million tons x ($130 - $60) = $63 million pa. profit

divide by 2 to allow for major ****up = 31.5 million

multiply by 4 to give a modest earnings to market cap valuation = 126millon (7 bagger minimum in year one of production)

then add other tenaments potential

2.7p seems a tad low to me

Well, by the end of Q1 we will be able to fully assess Troy's success or otherwise.

So far I am happy with what we see. Time will tell.

As you all know I am highly competent in TA. And of course 'sea weed' forcasting.

Both of which have equal weight.

My forcast is 0.8p by Dec 25

What is yours?

Enough

I find it hard to believe that Aldwyn Vorster was not fully conversant with the CV of Troy.

It is beyond any reasonable doubt that in an industry as incestuous as mining, that Aldwyn was duped in some way.

I also note that your posts (5) started in a positive vein and are morphing into negativity. A common trait of de-rampers.

Stevebt

Troy Wittaker is about as good as it gets to drive IOCA forward.

Sub contract, properly controlled is the way to go.

"Mr Whittaker is an executive with more than 20 years of experience, spanning successful international project evaluation, development and the operation of multi-billion-dollar assets globally across a broad range of commodities, including iron ore. He has a proven track record of leadership, specialising in commercial management, project delivery and supply chain planning in dynamic environments.

Previously, Mr Whittaker held senior roles with major global mining companies Fortescue Metals Group Ltd, Anglo American UK, Sirius Minerals Plc and, most recently, Strandline Resources Pty Ltd."

Steve

It will happen. I have 'bet the house on it'. In a manner of speaking.

C@B

Would I be asking too much to have the 0.49 brought forward to the 24 ?? :-)

But but but... 25/11 is a Saturday

Stargate

" recognise the period from 8/8/23 to 2/11/23, as the accumulation phase, "

I recognise the 9 August as a RNS regarding a placement, That of course collapesd the SP

I call BS on this accumulation phase goggledy gook

Stargate

If a 'retracement' is underway, you don't need to watch an index. The SP says it all.

All you are doing is reporting what has happened. Show me some predictive power.

Try this :- On the 5 of December the SP will be £xx.xx or within a xx% of this figure.

You could have a convert. But I doubt it.

7 posts in 30 days.... Hardly prolific.

And related to China/iron price. I could not see any buy/sell recommends for RIO.

What is your problem?

Down 6%

They are taking the p=ss

Looking at the trading so far this morning, it looks like MMs are likeley to do 'tree shakes'

Be careful

>12 million in the first 5 minutes.

Could be a very big day

No

Karlka AGM 28 November

Common law holder meeting 29 November

It is expected that approval access land will be accepted at both meetings.

The permission to mine is at the behest of the WA govt. authority. It will follow, but may take a few weeks.

Bureaucrats the world over move at a slow pace :-)

I am hopeful of permission before Christmas.

@stargate

"Bullish base formation , from 10/8/23 to 3/10/23. Price target 0.36,"

A recent poster called tacet , a self proclaimed TA expert. in early September the middle of your analysis period posted this :-

"To complete the TA update: on the downside,

the probability of 0.115p is still high."

It would seem to a casual observer that such analysis can be 'all things to all men'.

Where's Chris2, Myavian and Tacet?

@stevebt

"Where is tacet as so ta would help us out now for which way the share is going to go 😏"

Tacet last month :-

"To complete the TA update: on the downside,

the probability of 0.115p is still high."

Https://tradingeconomics.com/commodity/iron-ore

up 1.92%

$133 pt