Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Definitely no boom, its an LOI but very positive overall
The Letter of Intent is an positive first step. Another endorsement from Divided States of America.
Bear in mind, finance not guaranteed but im sure OC is getting financed one way or another. Offtake next please!
I'd imagine thus would be tip of the iceberg. Doesn't look good to Western donors. Ranked 116 out of 180 countries for corruption. Worst country in Europe for corruption and ranked equal to the cocaine country of El Salvador.
Not sure why they would publicise this apart from to show donors we're on it. Gives ammo to all supporters of stopping to arm and find Ukraine.
https://www.reuters.com/world/europe/ukraine-uncovers-mass-fraud-weapons-procurement-security-service-2024-01-27/
Long live Ukraine and FXPO.
The mkt cap is sub 10m. Wouldn't consider you late but actually early.
Welcome abroad....
Short don't be rude, say hello to our new investor.
3.65% copper mineralisation
- Another indicator that local council case hasn't put the project in any risk if the super cautious Gov department is giving BRES the 2nd tranche. Also the president endorsement in his speech of BRES.
- Milestones completed Q4 - i recall mike saying mid end of december that bulk sample was making its way to China. Lets say that was the final condition, and its been one month since then to be paid. Future tranches we can say will take a month to come to our accounts once the milestones is complete.
- Serious offtake interest and discussion.
- Further proof that this BoD delivers and keeps its word, which to me is the most important thing as to date we are the shinning star in the graveyard of broken promises and lifestyle companies of micro caps.
He has said this recently on Hive and before that on the Sponge investor.q and a.
I don't trust micro cap ceos as their overall records of honesty is poor and keeping promises even worse but Mike to date has delivered.
Just watched Gone Girl - thank god my ex 7 wives weren't sadistic as her....
Shocking the price is where it is and i don't have a penny to my name. There is so many bargains about, its hard decision allocating money.
I do expect the money to come very soon folks. It would be useful if details of milestones would be released.
2024 is going to be a big year for BRES and my love life.
150 on route....
I suspect there is more than shipping issues delaying the project. Convenient excuse using the Red Sea Houthi attacks for the delay. Either way, not concerned its just a small delay. I'll continue to top up sub 180 or dare I say 160 for another 2 months at least.
Just in case anyone is curious, going around around Africa (Cape of Good Hope) instead of through the Suez adds an additional 26 days to the shipping time.
I'd say earliest they announce production is very late Q1.
If I had to guess, I'd say production late Q1.
Loving the SP drop.....
More mines closing, even ones in construction and going into administration. Based on the history of the BoD lying about everything, there is no way this will be in the first quartile for costs.
https://www.mining.com/web/nickel-prices-keep-
slumping-even-as-mines-close/
"The amount, if any remains as vague and unknown now as it did when they signed the greatestestest ever ever ever JV with ARCM."
We have hit high grade intercepts when we've done our own drilling, we are surrounded by Tier 1 mines, AA paid top dollar to buy back in licenses they ALREADY owned decades ago.
Gives me comfort knowing AA must be extremly confident ij something is there to give such terms over your constant trash talk. Can't be good for your mental health thinking so much about ARCM.
Anyone done any calculations on what dividend could be expected here?
If i was the CEO if POSCO/Samsung or any other battery producer, I'd be having sleepless tensions don't increase with China and trying to diversify as quick as possible. Also, touches on price further down.
"South Korea imported about $241 million worth of artificial and natural graphite in 2022, 93.7% of which came from China
The Chinese government approved graphite exports to Posco Future M, Korea’s only anode materials maker in mid-December.
Graphite Speherical prices at a 12 year low of $1900-2200."
https://www.fastmarkets.com/insights/china-grants-graphite-export-approval-to-south-korea/
East Africa investment forum and trade exhibition of the 19th non aligned movement and G-77 movement.
Final Paragraph.
https://ibb.co/KwMcPb4
https://ibb.co/KKfF7gr
Rumor has it Peggy will also be presenting a few slides on our beautiful copper rich license areas.
No doubt fxpo is well run, exceptionally run actually.
A few issues for me - when the war will end, military threat to our processing facilities (we proudly advertise we contribute 3% of gdp of UKR, possible juicy target for a missile strike) and the legal issues we're having.
I'd say I'm most concerned about the legal action....never know what can happen in super corrupt countries such as UKR.