We would love to hear your thoughts about our site and services, please take our survey here.
Im glad you got a reply from james, Paul, because I didnt.
Good to hear there is currently no impact from the shipping disaster.
hard to judge where we are with the EIA from that comment, i guess they have to be very tight lipped in emails
Trilla, I agree with you.
I will be sending an email to CMET today to ask them to give us an update on things,
There may not be any delays and if this is the case then they can clarify this - it won't do any harm.
or, there may be some delays and if so i think we need to know about this.
Can i suggest that others do the same and put a bit of pressure on them to release an update of some kind?
I've had a quick look over strandline, first thing i notice is there projected EBITDA is 104m and they are fully funded, CMET are targeting revenues for 66m so obviously nowhere near on EBITDA and no one knows what proportion of funding is coming from rights issue/debt, the free cash flow projections detailed on the strandline presentation look very impressive and i can see they've got some big backers on there (JPM)...what is the licensing/permitting situation at strandline, from a quick look it would appear that issue is dealt with.
We do however have a higher grade resource, once permits are in place and funding is clarified i think we move upwards very quickly.
is it going to take to implement any revisions to the SOA, i guess this isn't the type of thing that happens over a few days if they need a letter of non objection from the FCA?
Is this all likely to take place whilst we are suspended?
bluewiley I also did the same, I sold out at a loss at 6p in jan, but this is so derisked now FOMO got the better of me, well done to all those that held through from 6p....this goes much higher in the coming months IMO
My view on the licencing is that it is a done deal and the formalities are taking longer than anticipated and this is causing bored PI's to sell out, of course there is always risk but that's why we are at 25m and not 150m+. There is 5 years worth of work gone into this project and we are at the final hurdle now, surely the likeliness of EIA/mining licence would of been one of the first things to be discussed at the meeting table, there is absolute no point in progressing a project for 5 years if there was any indication it would fail at the final hurdle.