Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Coking Coal prices are are doing very well
https://www.reuters.com/markets/commodities/coking-coal-price-surge-backed-by-demand-supply-woes-add-froth-russell-2023-02-07/
https://www.barchart.com/futures/quotes/U7*0
Thermal coal not so good, but still a decent price
https://tradingeconomics.com/commodity/coal
There is a large deposit of Tin but the grades are relatively low. Typical mines run around 1%, Alphamin Resources new mine in the DRC is around 4.5%.
Prioritise Lithium and run the tin circuit as a bonus by-product when it is economic is surely the right strategy.
When the funding is finally secured I will be actively adding more shares.
Chiesi Pharma 107% premium
https://oilman.substack.com/p/sunday-blog-8-january-2023?sd=pf
If further investment is needed, you would expect it would be forthcoming given the quality of the assets.
Expect the flow tests results will clear up any ambiguities in the next month. I am still optimistic and adding to my holding.
This all appears like a storm in a teacup. Lets have some perspective.
For goodness sake Alkaid is only 3.4% of their stated recoverable oil resources.
Forgot to attach :
https://4043042.fs1.hubspotusercontent-na1.net/hubfs/4043042/Content%20Offers/2022.Q3%20Commentary/2022.Q3%20GR%20Market%20Commentary.pdf
Prickly
In the 'same boat' as you (plus JLP) so a long term Colin Groupie. The pick up in Copper and Gold is on the horizon with a falling USD, Overseas investors may bale out into tangible assets like gold and copper.
Read an interesting Commodity Review over the weekend. Looking good, page 13 for gold and page 19 for copper.
Evaluation of future risks
https://www.financecolombia.com/interview-sergio-guzman-evaluates-president-petros-first-100-days-what-we-can-expect-from-the-administration-going-forward/
Pasofino up for sale at the right price. Dugbe 4m+ oz gold deposit and exploration potential will be attractive to larger gold companies whose inventories are being depleted.
https://www.youtube.com/watch?v=k7Y6GMnM0X4&t=54s
Cash fallen from £3.67m to £2.9m in 1st Qtr.
Lots of future capital commitments on the remaining £2.9m.
The headline operating profit of £1.94m for the 1st Qtr , slightly misleading at first glance.
Still jam tomorrow, but hopefully will be in a better and more sustainable state with all the cash being spent.
Detail of Licences in Ricca Offer Document in the demerger from Atlantic
pages 14/15
https://static1.squarespace.com/static/61711a96520cb35357849fb6/t/6194b96c3b258618253177ae/1637136752418/OIS+-+Ricca+Resources+Limited+-+17.11.2021.pdf
Detail of Licences in Ricca Offer Document in the demerger from Atlantic
pages 14/15 https://static1.squarespace.com/static/61711a96520cb35357849fb6/t/6194b96c3b258618253177ae/1637136752418/OIS+-+Ricca+Resources+Limited+-+17.11.2021.pdf
The FDA is providing detailed guidance and a pathway to success.
How on earth can this be misinterpreted to be negative to the share price.?????????????
Have bought any 100,000
https://www.zawya.com/en/projects/mining/saudi-arabia-prequalifies-13-bidders-for-umm-ad-damar-mineral-site-vrghfgoo
https://www.zawya.com/en/business/energy/saudi-arabia-announces-qualified-bidders-for-second-exploration-licensing-round-umm-ad-damar-a9b7ofdt
Similar to other posters, disappointed by non-reaction to recent RNS. Personally very happy to add to my existing holding with 1m and 5m purchases. It looks like this Project will be a company maker.
The grades and shallow depths look great and there seems be be a confidence that the deposit size will be significantly extended.
Investor sentiment is poor across the world markets, with worries of a humdinger of a Recession in the not to distant future( possibly late Autumn). It may not be that bad, but there is little forward visibility and lots of risks.
Copper may turn out to be one of best investments when we get through this carnage in the world economies.
https://financialpost.com/pmn/business-pmn/warning-bells-sound-in-london-metal-exchange-zinc-market-andy-home
One of these days, hopefully not far away, new investors will get excited about holding zinc producers as shortages skyrocket the prices.
Colin in your hectic schedule, it may be time to raise the profile of the zinc potential in both Galileo and Jubilee.
https://twitter.com/Toro_AIM/status/1491681658533302277/photo/1
Atlantic Lith. from ..4.40 mins
https://www.youtube.com/watch?v=NdxDG8wML0U