Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes good find. So if we get the Peace talks in progress and the Mine security looks now to be also in process. You can see why Harry is saying this is going to get done.
Don’t forget we are now fully funded for Ethiopia and Saudi for all of the medium term activity.
Looks like the news may be on its way…..
“ as part of this a memorandum of understanding (MoU) has been signed with the Ministry of Defense, the Federal Police, the Information Security Agency and the Artificial Intelligence Agency to address security concerns in 14 different mines.”
https://ethiopoint.com/investors-eyeball-ethiopias-mining-sector/
If you believe charts looking good
https://twitter.com/swazersc/status/1529469939848994816?s=21&t=cDSrmkq0RLbchMLKsr7Cdg
I think the important thing here is perspective. The plan was foiled, like many many plans that have been foiled by the UK anti terror agencies. Difference here is that the UK does not announce each one.
So on the face of this this is good news that shows that security in the country is working well across multiple organisations.
Akobo declares inaugural cash flow estimate for Segele mine in Ethiopia
https://miningbusinessafrica.co.za/2022/05/24/akobo-declares-inaugural-cash-flow-estimate-for-segele-mine-in-ethiopia/
To be frank the market should not be so sensitive to a few days here or there. The equipment is on site the commissioning team are obviously at full pelt. We have numerous news points coming up over the next few weeks. Sit back and relax and look at the SP post sidetrack.
Wet test
First Gas
Brok flow rates
Assets sale update
Just some of the inflection points over the next couple of weeks. Each one with the potential to boost the SP. The Assets sale maybe the big one, don’t forget the major storage issues that could be solved with SF. The SP won’t go up in a straight line hold on for the ride.