Member Info for dusterinmong

That is a realistic target in H2 lot to play for here now

Have a good day all

If you researched it and that's what you found

Thanks and tells you why Wardle is onboard

From ADVFN sums it up pretty well imho

The stable share price prior to our major advancement with purchasing and refurbishing the smelter complex was around £11 - £13 Million but after missed targets, issues with our power generation, funding questions and a fall out between some major shareholders and the previous board the share price fell off a cliff.

In short, the fall was way overdone and reflected short term sentiment as opposed to the basic fundamentals.

As it stands now, we have a very competent and respected board in place, they recently completed a £2.5 Million placing (hence the dilution for long termers and number of shares in issue) and they seem to be accelerating deals at great pace so hopefully we'll be getting a re-rate to around £12 - £15 Million range once the market believes that we are really in business !!

After that, the plan is to get the Iron Powder plant / conversion off the ground and then it's probably a case of proving and then selling on the business for around £40 - £50 Million one would think....

I don't think imho you have to be that clever to work out it's going to be very good margin if you can say the below in the first few months your going to be in profit.

Secondly the dry powder unit is a massive money spinner

Buy now while low or wait and it's 3 bagged min

Kris Andersson, CEO of Ironveld, commented:

"I am very pleased with the progress being made on the ground. We are now entering a pivotal phase as we transition into revenue generation, with sales of our DMS-grade magnetite, under the existing offtake agreement with Sable Platinum Pty Ltd., expected to commence shortly. Encouragingly, demand for our material has exceeded expectations, with new enquiries and requests for product coming in on a consistent basis.

"The emerging opportunity to sell ore directly adds an exciting dimension to our revenue streams and further reinforces the international demand for vanadium, titanium, and iron. This is particularly promising for our future smelting operations, which are expected to deliver high-margin products and play a central role in unlocking the full value of our asset base.

"Over the coming months, we anticipate a fundamental shift in Ironveld's trajectory, from a development-stage company to a fully operational, revenue-generating business with positive cash flow. It is an exceptionally exciting time for the Company, and the team and I remain fully committed to executing our strategy and delivering long-term value for our shareholders."

Further updates will be provided in due course as the Company continues to make progress across all aspects of its operations.

 

For further information

Am in for a few more this week here key is identifying a undervalued cash producer and holding.

Dejavu MTL here with Wardle on board

Personally with John Wardle on board, that is my reason for holding this for real gain not a few zeros

I can compare this to MTL which was in a similar position years ago and then Darren Bowden came on board and turned it around with huge gains for holders

in from the lows

ATB GL

Fair points raised there. Big money is now looking for a home interest rates are falling now so low value start ups in physical metals will be a massive winner this year and next imho

Just hope it stays below .10 for a few weeks . Time to accumulate as I see this a big winner as newsflow increases this H2

You don't get many opportunities liked this very often imho

ATB

Yes totaly Wardle is one of the best in the business

Like you say buy what you can while it's low, plenty of big buys being filled ice done and with news I can .18 H1 before a move past .40 before EOY

3 bags min here over the coming weeks imho

You dont get the chance to be at this entry level for long over the next week or so with the newsflow increasing its a great time to sit back and watch the company grow in value

Seems A realistic valuation over the coming weeks as newsflow is flowing in on multiple fronts

Buy hold 2 to 4 bags is not bad at all for starters

Top man this guy

1p is great tiger thanks

Am throwing the kitchen sink in today

Thanks for the info

Atb

Wardell Armstrong International, part of SLR Group Consulting ("WAI"), a leading global engineering and mining consultancy has been engaged to assist the development of Molaoi. WAI has already completed an assessment of the reasonable prospects for economic extraction for Molaoi using the resource estimation as announced in an RNS dated 4 September 2024. Based on this assessment, planned drilling will collect core for use in detailed metallurgical tests including ore sorting and the extraction of germanium as a by-product of the zinc concentrate.

These guys are top of the bunch in there field, I would say we will be getting JV agreement not a takeover with help on drilling from a third party will do wonders for the SP

1p .. is very realistic and what I have hearing from other investors here ...

So your saying a takeover is coming from your post above at 1p because what investors are saying on here??

Or your on the know??

Clarify pls

Ah so it's other investors here on billion boards telling you 1p is coming here ok thanks for the heads up

Great to hear that a takeover is coming, have got some house sale monies due next week il pile 50k in here then

What do you think the takeout price will be Tiger??

For clarity any buyout could happen but on confirmation of what's in the ground proven imho

Now is the time to buy and accumulate it's very oversold at this level

ATB

Tiger

Stop talking nonsence pls it's pathetic

This is undervalued on any metrics and will increase on permits drill dates and results of those drills alone

Nobody will be buying in till all these are in place

I would say permits 1 bag and then about .50 on drills

A good 2 to 4 bags from here

Metlen will not be doing any takeover until commercially is proven

Maybe a JV on drilling is a possibility?? Funding ect