Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Somebody well known, on here and the other side, went by the name Chimers amongst others, once said if there wasn’t a troll he’d invent one. And he did. With the opportunities to argue, make points that brings. And blame ‘shorters.’
So, you know, you can believe what you like. Who knows, you could be right, but I very much doubt it.
Canada selling 76.76. Iceland closed. 77p
People on here have spoken of the scaleability of the debt facility with the bank consortium, for Havieron development.
https://www.lse.co.uk/rns/GGP/funding-secured-for-development-of-havieron-3ogqqb4msapcp02.html
Perhaps some view on how debt might be scaled up with equity support may be taken from that, with acquisition costs take into additional account. No doubt Wyloo will be prepared to further support any fundraise.
Buying I should have said.
Iceland trading 79p.
I think circumstances indicate you must be right on that. Save the ‘delay’ I don’t think it’s in the acquifer, though it is pushing back development costs, with many on here believing Ggp will possibly pick up 100% and carry that and debt into FCF, whenever that is. I think that’s is quite a challenge, though not impossible, alongside exploration activities. Perhaps there’ll be partner(s) and not a sea change as some hope for.
It’s Newmont and the ‘opportunity’ effect, with benefit some way off when accretion comes into play.
I might, on a matter of balance more in tune with this board, at least have mentioned that IF there is any substantial equity raise, Mr. Day in line with his allegiance to shareholders, should perhaps open it up to existing shareholders at large, pro-rata, time and circumstances permitting.