The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Think in one of Ironridge presentations there was mention of 18 months as possible IPO time on ASX. This could be mid 2024.
All depends on state of gold market for explorers on ASX. Currently this is not good. Persistent and high inflation will probably be needed to kick off a strong price gold rise.
Minimum share price to list on ASX is 0.20$AUD.
They are sitting on 14m$AUD cash and it will be interesting when and where they decide to start spending it.
Suggest you read https://www.oaktreecapital.com/insights
The Memo on 13January 2022 might be enlightening on the risks and rewards of selling or holding
4 weeks ago in AGM statement:
'Arc is also pleased to confirm that it is in discussions with two major mining companies regarding potential commercial transactions. One of these discussions is at an advanced stage'
Possible transaction???
https://tradingeconomics.com/commodity/lithium
If we start producing 2023 Cash Flow could be Tsunami.
Listen from 2.20 mins for update on their view
https://soundcloud.com/user-596578261/vsa-capital-morning-miner-071221?utm_source=twitter.com&utm_campaign=wtshare&utm_medium=widget&utm_content=https%253A%252F%252Fsoundcloud.com%252Fuser-596578261%252Fvsa-capital-morning-miner-071221
On the face of it, this looks like a potentially great exploration opportunity.
Details seem sketchy so the sooner we get some holes in the ground the better.
Early days but might end up as a company changer. Colin's expertise is copper so I trust his judgement.
https://www.mining.com/web/soaring-lithium-prices-spur-changes-in-supply-contracts/
Impressive presentation and it looks a very interesting proposition for a long term investment.
19+ year life, high rate of return, world class deposit with industry low costs in initial capital, production and transporting.
A key future driver is relentless population growth and the demand for food.
The current spot price US$800/t is driven by shortages of supply including EU sanctions on Belarus sales, closure of 2 shafts in large Canada mine and strong demand from Brazil. Most suppliers have empty warehouses so stocks could be low for a while.
Possibly more realistic is Forecast from Danakili, a competitor.
https://stockhead.com.au/food-agriculture/heres-all-you-need-to-know-about-record-fertiliser-prices-supply-shocks-and-the-outlook-for-producers/
The forecast prices are well above the Original Feasibility Study so all good news.
Looks like the longer we wait, the bigger the price for the Bushranger deposit.
https://www.mining.com/web/copper-discovery-cupboard-bare/
Joker
Shares could probably not be issued at the time, because the CVR terms have to be satisfied, to release the benefits.
The Company reserved the rights to pay out the benefits in future by the issue of shares or Loan Notes.
https://www.investegate.co.uk/amryt-pharma-plc--amyt-/rns/publication-of-admission-document-and-circular/201908271300012852K/
https://www.kitco.com/news/2021-10-08/Lithium-powers-higher-up-159-for-the-year.html
https://www.kitco.com/news/2021-10-15/China-s-Ganfeng-Lithium-expects-up-to-528-net-profit-growth-in-third-quarter.html
Source of interesting Lithium news
https://www.kitco.com/search/?q=lithium
From what I can gather living in Carlisle area, , as you would expect, no leaks circulating from the Boardroom.
Also nothing related to Trading issues which are expected as previously announced.
He maybe was not the right man for the job, and matters came to a head?
Straight talking Bob Thompson
https://www.youtube.com/watch?v=UBowbpMSBow&t=13s
https://www.trinitydelta.org/research-notes/poised-to-disrupt-existing-tumour-assay-protocols/
In 3rd Sept Money Week Billionaire investor John Paulson (famous for making $20bn shorting bonds in 2007) was quoted as saying "Crypto currencies are a bubble, I'd describe them as a limited supply of nothing...once the exuberance wears off... they will go to zero"
He prefers a more traditional form of money...gold. "We believe gold does very well in times of inflation. As inflation picks up people try to get out of fixed income and they try to get out of cash. The logical place to go is gold."
In the 1970s,( the last big Energy Crisis) we had 2 years of double digit inflation and gold went parabolic.
Having screened lots of gold and resource shares Canada, Australia and UK and hold more than a few.
HUM tops my list by far for value, to take advantage of the developing financial and political crises.
No clear trends, constant fears of tapering and interest rate rises causing unsettled market jitters.
Fundamental background is increasing concerns about current rising inflation, which should be supportive to gold.
A very slow rise in interest rates will not compensate investors for rising rates of negative real returns on bank savings.
https://www.kitco.com/news/2021-09-16/Gold-price-is-in-no-man-s-land-after-40-drop-as-outlook-on-U-S-economy-shifts.html
Agree with the positive comments, and new management are really getting to grips with some long standing problems.
As a long term shareholder I have never felt more confident of our future prospects.
BUT the issues with the SA tailings facility is a serious concern to me. We have for years not properly addressed this.
A succession of proposed 'solutions' have come to nothing. We appear to be trying to get another (probably expensive) short term fix until an alternative facility is constructed. Ultimately if the problem is not fixed the SA operations will eventually be shut down.
Trust the new management will get this sorted, they have been good up to now.