Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
...it strikes me as a bit odd to do that in two phases though, spreading the civils.
I don't know if the ball mill can be used first (say 1000 tpd), and then the SAG added later as a pregrinder to increase the capacity.
And why Mako is potentially now so important to us.
Yup, an obvious scenario that will undoubtedly have been / is being discussed.
Any rights may have expired however, or maybe just old news .
Bluestone Resources it appears has first refusal....and their own projects in the pipeline.
https://www.mining.com/sponsored-content/marlin-mine-gold-silver-plant-sold-savona-equipment-ltd/
"but I just don't feel that full production would suit company as presently structured".
I know what you mean, but there is no shortage of expertise and experience at board and stakeholder level to set the requisite direction if/when required. And its only a mine.
Not that you are but I don't think anyone should tie themselves to numbers like 1 or 1.5 GBP at this point.
Doesn’t really help credibility otherwise.
If you take everything that MC says at face value - and I’m not aware of anything that has occurred otherwise - then it would appears to me it would happen. I’m not sure why he’d mention it in every presentation and interview for months otherwise.
...good news now inches away, just like MC said recently. Hopefully things on the ground now allow the toll mining to proceed which I’m convinced was agreed in principle with Calibre months ago.
Sorry, that's all complete crap. Ignore!
I'd never noticed (or maybe it was not available before) how many shares are held by ">3% shareholders". I do seem to remember MC saying that lots of shares are held by his friends, maybe also family. Lots on the board have mentioned the "limited free float".
Apparently (looking at the WH Ireland note, thanks to the earlier poster for the link), 42.9 M shares are held by the >3% entities. Now, 3% equates to a minimum of 3.5M shares each. So those 42.9 M shares are held by a number between 1 and 12 entities. In the main shareholder list there are only 5 other entities, so that's 6-17 entities who have 85M shares or 72%.
The remaining ~30 million seem to be held by probably the folks who read this board, maybe another 50 of us holding the bulk. Its not a huge number of shareholders.
As a side note, whoever it is that continues to sell, it doesn't always have to be Ross Beaty, it could be any of the >3% shareholders, or indeed anyone on this board with a decent holding.
...and our seller still pumping away.
Share price increase in line again with all other goldies, and on small volume. Nothing special, just % likelihood of Biden getting over the line improving and subsequent effect.
...or maybe the govt. simply told CNR to get on with it and they'll sort it out.
Pretty much all the miners I’m looking at show the same shortish term SP trend as CNR.
Interesting to see RB sticking 5 Mio of his own moolah into Lumina in the form of an 8% loan today. I wonder how much our own large shareholders - including RB - might put into CNR alongside bank loans etc.
Good find. I guess that's what happens when you rush it.
Not change, addition.