Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Howezap, My fear is that the final set of results from Ascot showed a certain lack of copper for a proposed copper mine.
Sean. I am actually hoping for 5p in the full year results.
I just thought I had managed to lose money on an investment condition much more quickly then normal
Someone has control of my account ? Fantastic, I hope they do better then me.
I bought in earlier today but it is now shown as suspended on my Barclays Trading account. Any idea ? Thanks
Off topic but that BSF sounds interesting. Now that really is a case of jam or rather meat tomorrow !
Rookie1. Here goes, the eternal optimist in me would say; the war in Ukraine will come to an end within 4 months as Russia pulls back and seeks peace. The falling energy prices and freeing up of supply chain issues will put the brakes on inflation and the Government will start to see some sense on economic migration as opposed to hard and fast Brexit ideology which will keep wage growth down. Barclays will not mess up for at least 12 months or be caught doing so and will pay a healthy 5p + dividend in March next year... we shall be on £2.30. ( I hope)
Howezap, thank you for this detailed response and I see the logic behind a declaration to mine as opposed to a simple declaration of tonnage.
If CB is correct then the current SP is incredibly under-valued. We now are in the hands of his timescales, this is where we have the problem. On another note, talking about full production and Africa, I wonder when we will get the Q3 results which should show a satisfactory increase in production as the plant moved towards full operation.
1. What is the likelihood of the resource estimates being announced before the New Year or even shortly afterwards given the repeated failures to meet timescales that CB is known for ?
2. If delivered, what is the likelihood of them showing either 2mt or a viable mine ? The mood music has well and truly shifted from their being 2mt to now a 'decision to mine. '
I believed CB, simple as that, and I do hope not to be let down here.
Howezap. I am a LTH and have been here since well before the bushranger days. My concern,a s with others is that,
Andrew, my on going fear is that we are once again waiting on predicted time-scales. The pessimistic side of me says that in Jan/Feb '23 CB will update us to say that these studies will be released 'shortly, imminently, by the next quarter' ( Delete as appropriate ). I am a LTH in XTR and also have a small but now rather fruitless stake in BZT.
Just in case we did get a large cash payment, is there any chance of a merger between BZT and XTR, for example offering shares in XTR for control of BZT ?
Andrew, thank you. Maybe they are trying to set a pattern of releasing the quarterly results a week before the end of the following quarter. Hang on, that would smack of professionalism.
Are we still expecting Q2 Gold results or have then been cancelled ? I note from the last results posted on the 22nd June that we expected full production by the end of Q3, some 14 days away.
Well the buy backs have finally brought our share volume to below 16 billion. Still double the volume pre the financial crash but credit where it is due, we are all a bit more bought into this company now. Now we just need to breach that old 190p fence again.
I know the Q2 results are fairly small in the grand scheme of things but it highlights company culture. They only release news dependent on its quality and whether it can hide or be hidden by something else. This is a poor way to do business.
I hope we get some good news to support the current rise or it will be a slow drift down again . At the very least we need the Q2 results as to not issue them when once again we are edging towards the end of the following quarter would hammer CB's credibility. I have to admit to being fed up with the quality of his communication and time scales. I will be screaming inside if he mentions words such as 'imminently' or 'soon to be released' etc...
The Barclays sheep can see the 1.90 fence in the distance !
It all depends on who wins the leadership vote. If Truss wins the rate rises will come to a stop. There is no point raising rates to reduce people’s spending power if the treasury are actively cutting taxes to increase people’s spending power. The net result would be higher government interest payments and reduced tax income. Whilst the bank is independent it should be able to sense the political reality of any moves it makes.
Thank you, that is the money maker “
Did any early results or assays get produced for Hole 38? This was meant to be the big one for Ascot ?