Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
35-40k doesn't go in here often in a few hrs )
TYM have a JV with Kobold, the deal is awful long term, they will basically be reduced to a smelter royalty that is also limited by years, AFP won't be much better either, the best play for the area is probably xtr as they have 10mill spaced over yrs and us, but ours is half the size of xtr, will all come down to the drill bit and if it's needed for a major to come in, unfortunately most majors aren't interested unless they get 95% of the lot or there abouts, far better of proving up n flogging on on your own if you can afford it, bring on the sales and give us the cash )
Deeps could hold 70mill tons at a decent grade, id prefer to drill that one out while producing, from the open pot, if we go into production we have a instant rerate that would hold and fund the rest of the projects, why sell it ?
Kimitaiva sounds lime there's more to come, colin said in the interview that there's more but some aren't mineralised, key word there was some, will be interesting to see what we really have before we flog it )
Luansobe will be sold to the Arabs that took Mopani, just a matter of time, personally I'd like to keep the open pit to fund the other projects but if the price is right she will be sold
I can't listen to CB bashing, yes grades un the ground ate unknown until drilled, yes he has a lot of companies but they aren't all gkr and have production or saleable licences
I expect any low ball offers to be rejected like the others across all projects, we just don't need to sell to anyone that is taking the opportunity due to low prices to make low ball offers, we know we have offers for the lituun plus luansobe. Personally I think we will do A deal for part of the kalahari ( I still remember colin saying we have 22km of strike and thats without the licence next to cobre )) and crack on proving up the rest and selling on for a far better price, get luansibe into production and it's all gonna slot in nicely imo
16.03
The grey trades after hrs are always spread bets, they pop up at 5.15 if there's any buys or sells or meant to anyway, so who bought the other 2.2 mill ?
1.2 more
The afternoon hr buys are spread bet buys cr1sp, half are mine, question is ? Who bought the rest ? They dropped the bid to fill us
Sounds like a better payday to me iky )
I'm a believer iky, patience is everything, it will come as you know only too well ) and thanks for sharing = caring )
Mining.com/web/australias-oldest-listed-investment-firm-says-lithium-stocks-turning-attractive/
Lithium bottoming ?
They were buys when the spread was 15% earlier, looks like sells now the spread reduced, mm trickery imo
I guess it all comes down to if its signed
Thanks iky for your thoughts )
I'm wondering if the offer was upped from before Christmas ???
TO ACCELERATE THE GROWTH OF THE ARTISANAL AND SMALL-SCALE MINING AND MAKING IT VIABLE TO CONTRIBUTE TO THE COUNTRY ECONOMIC GROWTH, GOVERNMENT HAS REVISED THE TAX REGIME FOR THE SECTOR FROM THE CORPORATE INCOME TAX OF 30 % TO NOW PRESUMPTIVE TAX OF 4 %.
This bit caught my eye, gotta love that )
There's definitely some missing trades not been reported
I have quite alot of these, my core holding won't be sold but if this deal comes off then I sell my spreadbets and keep the core for now amd reassess