Member Info for Greeno

Only one more month of production needed Zircon buyers seek supplies amid market tightness By CAMERON PERKS Published: Friday, 24 November 2017 Buyers of zircon sand, particularly those looking for premium grade, are struggling to find sufficient supply, which reflects a tightening in global markets. There is no zircon available outside of contracted channels, several traders in China and...

A view on bluejay http://www.michaelwalters.com/stories/news.phtml?num=5303 You know I prefer alba

Base selling absolutely everything they produce - have no stock holding at present Market tightening

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BSE&ArticleCode=7p4063i6&ArticleHeadline=Chairmans_Address_to_Annual_General_Meeting

Totally agree bluejay SP has got well ahead of itself x 5 But think they will get funding and progress see plan States negligible radioactivity https://www.titanium.gl/documents/investor-presentation/TZMI-Company-presentation.pdf

And just next door MCap �9M https://www.rns-pdf.londonstockexchange.com/rns/6470W_1-2017-11-15.pdf

Alba has a market cap of ~�9M KMR could take a stake with loose change or even swallow all and refloat albas non ilmenite assets and then decide when to develop a mine.2 mines would spread some of the risk which makes investors nervous and hopefully KMR will have learnt from their past mistakes. Given Bluejay are pushing ahead with their Greenland mine the risk is they swallow Alba and hence have a huge low cost asset producing in a few years time, competing with KMR.

DYOR - latest on Greenland Ilmenite from Alba https://www.rns-pdf.londonstockexchange.com/rns/6470W_1-2017-11-15.pdf

Shipped from moma

https://www.zauba.com/USA-import-Ilmenite/country-MZ-data.html

Metrics will look great when revenue >$250M http://www.londonstockexchange.com/ftse-analytics/IE00BDC5DG00IEGBXSSMM.pdf

For the brave ....

And his poor BT shares lol

Remember base ?

Alba will rise 200% in next 12 months imo

Cash sweep will be implemented in Feb In addition to the scheduled instalments of senior debt, prepayments based on 25% of cash available for restricted payments are required under a cash sweep mechanism, commencing 1 February 2018. Until the senior debt has been repaid in full, 50% of the prepayments will be allocated to senior debt (provided that once the amount of Absa senior debt is reduced to US$10 million, Absa ceases to participate in the senior debt prepayments and thereafter participates in the subordinated debt prepayments) with the balance applied to prepayments of subordinated debt. Senior debt prepayments are applied in inverse order of maturity.

Rather see $10M dividend

$80M

Iluka�s current Zircon Reference Price is US$1,230 per tonne for a 2 tonne bag of Zircon Premium delivered into China.

Iluka currently weighted average received zircon standard and premium price up 14% to US$923 per tonne;