Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Saleable copper and gold from H12022 was 2634 tonnes of copper (ca. £6000/tonne) and 1069 OZs gold (ca. £1400/oz). Very basic calc. giving £17.3M revenue (nearly £3M a month). MCAP now £11M. If Rambler are struggling then I dread to think what other small cap stocks are going through (VAST?). Ridiculous drop based on woolly RNS IMO. GLA, Dan
Taken from the June presentation there are the various cost reduction initiatives (that will surely require funding);
Ore sorting project, Mine expansion with Mill relocation, commercial power upgrade, hoisting and tailings back fill.
Liked this in the presentation 'All mineralisation on the property remains “open” in all directions with current diamond drilling showing improving copper grades and widths at depth' and 'Studies to potentially more than double current production'.
Did not like so much 'Building towards cash positive operations including sustaining capital' as a change from the May 2022 presentation which read 'Cash positive operations, now including sustaining capital'. GLA, Dan
still showing me a sp, from the ut at 9am, of 5.115p. GLA, Dan
Cheers DividendNomad. I did call computershare today but got the response 'we are not dealing with Evraz blah, blah'. Spoke to HL re. my missing share cert. and they said there were some issues with some certs. and that this has been rectified and I should receive my cert. within a week or so. HL also confirmed that Evraz have my details. Hopefully this is all sorted. Cheers, Dan
Hi DividendNomad. I sent both forms back on 17/8/22 (perhaps posted too late?) and have not received the Share Certificate yet. I have asked HL about this today and await a reply. Will be interested in the response you get (if any) from Evraz shareholder corporate secretary. Cheers, Dan
Not received mine either. Sent the 'Computershare' forms back to the Bristol address on 17/8/22 - I live in Bristol. Not sure on whether the delivery is recorded but would have thought so. GL, Dan
@Tygra re:post at 08:54. Certainly looks that way, the usual AIM characteristic of 'kicking the can'. Reminds me of a certain PGM stock lol. GLA, Dan
POG at around $1724 - down approx. 1% today. I wouldn't call that 'very bad', not to the extent that GCAT is down 6.9% today. Also underwater suedee5 at ave. 1.3p, very frustrating indeed. 250oz/pm not great (from ops update 2Q2022) considering they are aiming for 2000oz/pm. Still only 1 year old so early days. GLA, Dan
Tried sell and buy on HL a small time ago. Sell (40K shares) at 5.316p and buy (14K shares) at 5.386p. GLA, Dan
If anyone is interested, from the RNS today;
'LEKOIL (AQSE: LEK), the Cayman Islands litigation asset company with an investment in oil & gas assets in Nigeria, wishes to announce a development in the litigation commenced by Mr Akinyanmi in the Superior Court of New Jersey. He alleged (amongst other things) breach of contract in the termination of his employment contract in an attempt to set off such sums against the amounts owing under the CEO Loan.
The Company announced on 14 June 2022 that it had successfully challenged Mr. Akinyanmi's choice of the New Jersey state court forum as improper to hear the claim and the claim would be stayed until further notice pending arbitration. Mr Akinyanmi has now appealed the decision of the court. The Company will fight this appeal.'
GLA, Dan
Order filled at 0.084p for 2M. GLA, Dan
unable to buy more from HL - typical. Left fill order. GLA, Dan
Also received reply from HL confirming trade by phone only at 1% cost (capped at a max. £50 / min. £20). Will hold for now (only 100k shares held). GLA, Dan
@Lexylou11 - same here, also with HL. Will send them a secure message. GLA, Dan
Price showing in my HL account but not able to trade online with them. Any thoughts ? GLA, Dan
Hi sw10000 - just checked and there is nothing in my HL account. GLA, Dan
think your maths is wrong. GGP would have 25% of Hav which values their part at $300M, I think. GLA, Dan
was just thinking the same Opulentia. Could be a way to get back to trading. Guessing Evraz would still need to get shot of RA though ? GLA, Dan
ID78 - I posted some basic info. a little while ago about Scotgold ( 1.2Koz/PM in 2Q2022, MCAP £45M), Pure gold (2.2Koz/PM in 1Q2022, MCAP £75M) and Shanta gold (4Koz/PM in 1Q2022, MCAP £95M). Feel we are currently in line with Scotgold. GLA, Dan
Just looking through RNS section and last year the H1 results were reported on 22/7. Guess similar for this year ? GLA, Dan