Member Info for EssexMatt

I think there is a divi announcement on its way for next year

There's the move upwards. Costs are below my expectations should be a positive quarterly update in a few weeks

Full ask paid

We will get anything before the agm??

Maybe not, I'd love to see you eat your hat though!!!

Nickel climbed to a nine-week high amid concern that ore shipments from the Philippines will drop. The Philippine House’s natural resources committee approved a bill on Aug. 27 seeking to ban exports of unprocessed mineral ores, Ronald Madrigal, political affairs staff at the office of Congressman Erple John Amante, said by telephone today. The country accounts for 61 percent of nickel ore supplied this year to China, the world’s biggest metals consumer, according to Morgan Stanley. “I think it entirely reasonable to see follow-through buying as the market absorbs the potential impact of more regional supply constraints at a time of healthy demand,” Michael Turek, senior director at Newedge USA LLC in New York, said by e-mail. “In addition to industrial demand for the metal, we are seeing some fund interest.” Nickel for delivery in three months rose 1.5 percent to $19,862 a metric ton by 3:31 p.m. on the London Metal Exchange after touching $19,920, the highest since July 3. The metal rose 4.1 percent last week, a fifth weekly gain and the longest rally since March. China’s nickel industry is seen “remaining hamstrung and a significant deficit forming as the supply of raw materials diminish,” Mark Pervan, global head of commodity strategy at Australia & New Zealand Banking Group in Melbourne, wrote in a report today.

Lot of money underneath us again. Gla

Think it's going to happen all over the world, these countries are finally waking up to the fact that western nations are screwing them out of jobs and profit by buying unrefined materials from them. Zimbabwe are talking about it Indonesia have done it and now the Philippines. If I was them I would be doing the same

I lifted the Philippines story from bloomberg, full article is on there but I did post the meat of it yesterday on here if you scroll back through

Exactly, no way will costs be as high as1270 dpo, did you see the Philippines are considering banning exports of unrefined nickel??

I think they will have got the costs down lower than that this quarter plus gold has traded over 1300 dpo for most of the quarter and has only briefly dropped below 1280 once or twice so hardly think they would be burning cash IMHO of course

3p paid but there's a lot on the ask to chew through. Volume better

Nickel rose to a seven-week high on concern that the Philippines will bar ore exports, heightening Asian supply woes. The government should move toward a ban on mineral-ore exports, said Ramon Paje, the environment secretary, backing a proposed bill in the Philippines calling for curbs aimed at boosting domestic processing. Nickel prices in London have surged 40 percent this year following shipment restrictions by Indonesia, the world’s top producer of mined metal. “Even if the timing is still unclear, the announcement of the initiative has given rise to nervousness on the market,” Daniel Briesemann, an analyst at Commerzbank AG, said in a note. “If there were to be simultaneous export bans, the nickel price would doubtless rise significantly.” Nickel for delivery in three months advanced 1.7 percent to settle at $19,395 a metric ton at 5:50 p.m. on the London Metal Exchange. Earlier, the price reached $19,498, the highest since July 14.

Looks like a timely purchase on today's volume/price action. Agm in a couple of days too, usually good for a little lift

If I can't make it to the agm and you get a chance would you be able to ask wether a resumption of a dividend is still being considered for next year??

Yeah nickel is the cake but I'm talking about the cream, news on drc gold, klipspringer, tailings project as you mentioned and smelter news, possibly sale agreements to smelt pgms. Something positive on one or two of those would be nice!!!

Like to see mwa back above comfortably above c3p before current quarters figures, boy does mwa need a good quarter......

Return, looks like mm's found the buyers maybe

Post smelter restart, even more so because I hadn't realised there was a fine for waste material. Getting project status from the government is smart given how things usually work in African countries

http://allafrica.com/stories/201408290378.html