Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The settlement is still pending. It takes 1yr to 18m from final hearing to get a decision.
This is the key point. Even before you know the de ision the price of the stock increases alot.
If this stock has a claim for 500 to 800m gbp. There is no way if it is 1yr from getting a decision it can remain at 11m gbp.
Greatland was a discovery of similar size.
However lower grade and underground mining.
If i recall they need to go down 300 to 400m to get to the ore. Ours is under 200m and open pit.
Greatland went nuts and pulled back because i think people ignored the higher cost of deposit
Reading it critical.
1. They said funded for near term. They did not say a period e.g 6m or 1y. So we can think it is not long
2. They do not mention any major revenue inflections, so not many.
Only assurance is to dilute each area seperately.
Market is being so harsh. If this was in usa, they would get credit fot their IP. But in uk!!!.
Our market sucks for tech and innovation
I cannot access this link. This is one of the key things the company has to really address.
Can algorithms just run kver smart meters and solve 80pct of the issue.
Looks like a great opportunity if they are significantly better than a smart meter
Thanks sheer class. I think from 2021 to 2023 it was quite a bit lower. The nice thing is if the court case goes for 3yrs, interest rates currently are quite high so that adds up nicely.
All in all an interesting day, especially knowing it was our decision not to proceed to the next step yet
Copper is a nice to have. We would need to know it could be economically recovered, so not putting that much on it. Nees a dfs.
The document earlier showing how close we are to infrastructure:Airport, rail and major highway was interesting.
If we can use grid power via a connection rather than humping diesel around that is also huge to reduce costs.
Some of these mines in africa are in really remote locations ( we lucked out with this deposit)
Np.
If i invest i always reach out to the CEO. We are handing over our money so we need to know we can get responses.
The CEO has been great so far.
I think his experience of directly dealing with India in the past is key.