Member Info for Icarus49

Yes looking better 2p paid - a couple even higher

Will institutions really give the company £35m at 20p share when the current share price is 18.5p?

From RNS: "As of 31 December 2025, ..........short-term trade receivables balance was $3.4m, " Assuming these payments arrive then Q1 will be cash positive. The question is what will the receivables figure be at the end of Q1 if no significant contracts are signed.

Perhaps beginning to be noticed. seems to be some steady buying here at last. Should be a series of announcements in next few weeks - Etu Energias deal completion soon and KON4 licence - then progress on KON4, KON15 and KON19 eFTG data.

0.78p -up over 40% on the day

When exercised will provide £2.1m cash which we will need. They are doing the work they deserve some reward.

With Alien Metals (UFO), Strategic Minerals (SML) and even Helium One (HE1) all starting to show signs of improvement just need Ironveld to end its suspension and perhaps even record a few sales.

47 employees - 17 DI deals the whole of last year - Q4 Total bookings $9.8m: 1 multi year renewal @ $6.7, 1 multiyear renewal @ $3.1m, 4 other deals total value - $0.

The audit of the FY25 Accounts is now substantially complete and the Company's UK auditor will shortly be commencing its review procedures. Consequently, the Board of Ironveld now expects the FY25 Accounts to be published by the end of February 2026, following which trading in Ironveld's shares will be restored.

The widely reported regional flooding in Limpopo, South Africa has temporarily impacted site access and operational activities at the Lapon Mine and the Company's Dense Media Separation (DMS) processing plant, which is held through a joint venture ("JV") with Sable Platinum Holdings (Pty) Ltd and managed by contractor Daemaneng. Daemaneng is preparing to mobilise resources to commence dewatering of the pit and will perform the necessary repairs to restore full site accessibility. Subject to weather conditions, which are forecast to improve, operations are expected to return to normal within one month.

To mitigate the risk of extreme weather events on the Company's future operations, the design process for comprehensive water management infrastructure has been completed, and it is expected that this infrastructure will be operational during Q2, 2026.

DMS Off-take

On 23 December 2025, the Company confirmed that it was in advanced discussions with a client regarding an offtake agreement for DMS grade magnetite. These discussions remain active and are progressing positively, with the intention being to formalise an agreement for an initial 1,000-tonne ("t") trial of DMS magnetite. Due to the operational impact of regional flooding, it has been agreed with the client that the trial will now be scheduled to take place in the second quarter of 2026. The potential for this trial to lead to a substantial annual offtake agreement, as previously indicated, remains unchanged.

In addition, the Company's contractor, Daemaneng, has successfully completed a second fully paid trial delivery of DMS-grade magnetite to an established South African client, who has indicated a potential off-take capacity of 5,000 tonnes per month ("tpm").

Run-of-Mine Off-take

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The Company is pleased to confirm that Daemaneng has now concluded key commercial terms for a significant off-take agreement with a South African client for an initial 25,000t trial of Run-of-Mine ("ROM") unprocessed ore from the Lapon Mine, supported by an agreed ZAR 3 million (approx. GBP138,000) prepayment. The agreement is expected to be formally executed imminently, with the potential to evolve into a 12-month contract.

0.30 or even higher??

"UFO as far as I understand will not be paying anything, the are stand back 30% owners on a "free ride".' It is only free ride until the decision to mine is taken. Read the RNS.

Not just broken 3p, but over 500 trades and I haven't had my lunch yet!

If, as I expect the resulted are excellent, how long until the "Decision to Mine" is taken - when Alien will carry 30% of the cost. And how long for the mine to actually start producing once the go ahead is given?

Hope for guidance update with the H1 results in February. I cannot believe that Greatland won't exceed last years H2 production which if they equal it will give about 335,000oz of Gold for the year. compared to current guidance of 310k oz.

Caldwell construction had gone into administration.

Caldwell Construction has worked with major national housebuilders and developers including the Vistry Group, who confirmed Caldwell operatives have been pulled off its sites.

A Vistry spokesperson said: “We have been in consultation with Caldwell Construction and it is unfortunate that this action has been taken.

Produced 168,000oz of Gold last year in the 2nd half - would be surprised if don't at least match that and probably better it. This gives 336,000ozs of gold full year. But will wait and see.

Yes understand the desire to be cautious, though I think there was a significant maintenance shut down of processing in Q2 which hopefully won't be repeated in the second half. Perhaps waiting for the half year results presentation in February to revise the guidance figures.

Has produced 54% of full year top end guidance in first 6 month. Why won't this performance carry on in the second half? Disappointed that didn't increase the guidance figure rather than saying expect to be at the top end. With extended availability of stockpiles plus increased mining tonnage would be reasonable to expect around 330,000 ozs of gold for the full year compared to 310k oz guidance..

Also from the transcript: "Noting that we began loading a shipment in late December, which only completed loading in early January, containing 17,000 ounces of gold." Over A$100m due in January.

Why sell the gold? Greatland has plenty of cash. Hold on to the gold!! One of the headlines says lower gold sales as if it was a problem!