xanadu-j5 Nov 2012 22:31
the presentation document -absolutely excellent doc in my opinion-thorough and thought out- compared to txr 2009 very brief and vague-possibly due to lack of fundies and dredge issue etc etc.
how the newsflow has improved?
lets accept it shall we? (ive been a fan of monsieur sisay and wayne malouf from 2009-but since pala came along with vlad the glad behind the scenes(if its really him) i was initially sceptical they would bring best value and turnaround. lets take a look at whats happened?
its been a transition and from 4.5p to 84p? (appreciate weve slid on rutile pricing concerns) the future?
jee-look at whats being implemented and executed? timelines and strategies that pala and sisay adhere to. considering the suspicions that abounded during the loan dispute srx has come a long way since. the obstacles, have since been derisked, one after the other.
srx can do nothing about rutile pricing per se- legacies etc, but they can mitigate cost per tonne with efficiency drives etc and looking at recent documents/presentations etc -they keep telling us dry mining is $x per tonne, lanti gangama, and the additional dredge etc would be $x per tonne
so if and when rutile pricing softens/continous to be spongy when we watch other competittors in the field-the lucky luckas and kenmares remember their pricing per tonne? and what they advertise? i suspect srx are priming us all as investors and watchers as to informed decisions ourselves and comparing pricing of various rutile grades -the economics?-
so we see rutile,, spongy pricing,? and todays well presented pdf? excellent ? with a timely reminder last para (you were lost xana/tommo..).. read last para-volatile rutile? can work both ways- didnt imply just downwards, as shortfall can? will happen? when? price could actually increase to higher highs than recent (bev?) in time after the stockpiling issues.
assuming china doesnt crashland as in made in china..if it does look elsewhere, oh hangy fire-anyone notice the various other regions and sector breakdowns for srx supply?-wasnt it on the goldman sachs initiation document. south/latin america?. brazilia? whats the odds there is an upside potential also in supply to brazil.? seen the speed the country is growing still? 5th 6th largest economy currently in the world and growing? what does a fast growing economy need with housing and high rises? and shopping malls?
http://www.bbc.co.uk/news/business-17272716
also one part of rutile processing we dont seem to discuss is the chlorination process- toxicity? chinois? and elsewhere? benefits for natural rutile and an srx advantage? over competition..
someone enlighten me? its repeated in various srx documents is it not?, the benefits of a cleaner rutile? which srx produces.
just a muse-corbs:-)
spongy rutile? stockpile the darn stuff- especially at the production per tonne price :-)
imo gl dyoR :-)