The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
BC on the HC Board posted an interesting point
https://hotcopper.com.au/threads/ann-maiden-rc-drilling-commences-ragged-range-project-wa.6343706/page-109?post_id=58946712
It will be interesting to see if THR find Lithium targets. That would certainly light up the share price!
Point taken. I guess we will see.
A lot of chat on HC and GGP on the up and coming Artemis (ARV) float on LSE. MTR has a big holding in this share. Good nearology to Haveiron. Let’s see what happens if they hit something special. TH for ARV tomorrow morning on the ASX?
RR I don’t understand your second paragraph. If you are talking about the price of the derivatives used for the collar that would be a conversation between MTR, the Investment Bank and the underwriters.
“Derivative” describes the the put and call collar used on the ISDA facility. This protects MTRs risk. MTR own physical stock.
Good summary of what to expect from THR. Courtesy of HC.
https://hotcopper.com.au/threads/ann-maiden-rc-drilling-commences-ragged-range-project-wa.6343706/page-92?post_id=58896986
Evening H. It will only increase from here on but I would say £7 to £8m as at 31 Dec 21. With further news from SFR due it will increase. On production a serious re valuation.
Agreed. The NAV should increase further on a revalue of the NSR as at the 31 Dec 21. This will have to be agreed with the auditors as part of the audit sign off.
A Tweet from Metal Tiger.
MTR gets a mention in this article. Probably better placed and more advanced than some of the other smaller exploration plays in tge KCB.
https://www.equivest.capital/post/next-major-copper-province-kalahari-copper-belt
MTR has been on Simon Thompson’s watch list for nearly two years now.
MTR getting a positive mention in Simon's article.
https://www.investorschronicle.co.uk/news/2022/01/13/secrets-of-successful-investing/
Posted by Bull on ADVFN
From SEV22 on the Jubilee Metals Thead
Here's the part of Simon Thompson's 'Secrets of Successful Investing' that highlights Jubilee Metals (13th January 2022):
Understanding commodity price drivers.
The potential for a strong global economic recovery in 2021 was one reason for being long of commodity stocks in 2021 (‘Reasons to be bullish’, IC 18 December 2020). It was not the only one. I was also heeding the bigger picture across the commodity spectrum.
In the oil sector, I felt that the combination of well depletions, underinvestment in new oil and gas fields, and an uptick in demand driven by a global economy on the rebound, could all construe to create a perfect storm for black gold in 2021. The oil price subsequently rallied 68 per cent by the autumn of 2021 and the natural gas price soared 144 per cent. Although markets have become volatile following the recent emergence of the Omicron coronavirus variant, relatively strong global demand means it’s sensible to expect the oil price to remain at elevated levels unless national lockdowns return for prolonged periods.
It's worth noting that a robust oil price supports an accelerated transition to environmentally friendly energy alternatives. The shift away from fossil fuels is clearly gathering momentum and this has major implications for other commodities.
Copper is a major beneficiary from greater demand for electricity given that a higher portion of future power generation is forecast to come from renewable energy. Wind farms and solar panels require up to five times more copper than is needed for fossil fuel power generation, and electric vehicles use four times as much copper as internal combustion engine vehicles.
Analysts at research consultancy CRU estimate that wind turbines, electric vehicles and other 'green' technology will require 6m tonnes of refined copper by the 2030s, accounting for 20 per cent of forecast global consumption. Commodity experts at investment bank Bernstein forecast that copper demand from renewables and electric vehicles could grow more than seven times by the 2050s, if the world is going to meet its net-zero greenhouse gas emissions target. That’s a good reason to have exposure to copper producers. Three companies on my small-cap watchlist – Aim-traded Metal Tiger (MTR:21p), Jubilee Metals (JLP:17p) and commodity royalty group Trident Royalties (TRR:38p) – offer exactly that.
Rising copper demand augurs well for miners’ profits at a time when there are constraints to supply growth. Colin Bird, chairman of Jubilee Metals, notes that “the outlook for copper in particular remains buoyant, with many predictions that the year 2030 will see a doubling in demand. I see the supply side being severely challenged, with Chile, as a major contributor to the copper supply, being challenged technically and socially. The large copper systems that are now in favour are few and far between and have a gestation period of some 1
Spot on Steve
Agreed C RR25 seems to be the latest basher. I cannot be bothered to engage with him or her. It’s all been said before. Trying to decide on a dividend policy prior to receiving the NSR is very premature. In my opinion MTR will distribute a portion of the dividend to attract a different investor.
RR25 you seem to be a recent poster but you do not know the details behind the Royalties?
A3 is a one off payment of USD2m royalty. Love to see a 10% div but that will never happen. MTR will be taken out in 2 years.