Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Separately, and previously.
Consensus from 2 of the Canadian Metals and Mining analysts is that Amaroq Minerals is on the verge of breakeven. They expect the company to post a final loss in 2024, before turning a profit of CA$24m in 2025.
“Process plant engineering was 77% complete at the end of Q4 2023 based on the updated project scopeConstruction”
“…This work lays the foundation for safe and efficient trial mining to commence at the end of Q1 2024 or early Q2 2024.”
“The Company expects to mine first gold in 2024 and plans to provide a progress update with timings for guidance for the project at an investor event in June 2024. First production guidance for 2025 will be provided towards the end of 2024.”
And they topped up funding post year end by £44m in February to accelerate the process.
I was just reading Kingfisher’s results from yesterday. On the new financial year, Wickes reported sales ‘in line with’ last year. Kingfisher are seeing ‘improved sales trend’ in the UK and Ireland. So based on those two, early signs may indicate their market has at least begun to stabilise, and will possibly improve throughout the year.
Https://www.theretailbulletin.com/general-merchandise/wickes-promotes-sarah-taitt-to-role-of-chief-property-and-services-officer-26-03-2024/
Gives greater focus, I imagine.
Https://www.lse.co.uk/rns/AMRQ/2023-full-year-financial-results-zd04qsbuudjuz1s.html
It seems a moot point. Whether Newmont can extract further capital expenditure from a buyer, or keep it longer in care and maintenance due to the aquifer, whilst being seen to comply with responsibilities under the JV.
There are so many variables in play. On POG, one doesn’t know but I can see a distinct possibility of a requirement by a lender of x amount of gold being hedged, in the same way as on the original bank lending, and subject to FS criteria.
I don’t know about Lassonde curve, but imagine the height of a rise will take into account shares in issue/market cap. And on value, earnings per share will be important, particularly for those seeing the prospect of dividends at some point ( fairly distant ?)
And there’s repayment to consider on any form of debt in addition to that already agreed, whether by bank, CLNs, whatever.
The FS will amend/update figures currently used in calculations.
Ace. Good afternoon. The terms of any fundraise, equity/debt, encompassing development and acquisition costs, in a nutshell. Not talking it up or down and I may ‘miss the boat’ others are in, because it may move quickly. But there might be a window of opportunity - or not.
It was a conversation about Mr. Baxter. Nice bloke I should think.
Seems not to have been one to follow from a pi standpoint though, in his personal share dealing. That’s become self evident I agree.
I made my decision months ago. I’m waiting to make the next one. Maybe. .Why I read this board.
Have a good day.