Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I cant buy or sell on Halifax.
I tried calling them but no one is picking up. Has anyone managed to contact them regarding the mystery partner?
My guess is Johnson and Johnson. They have partnered up with smaller companies in the past.
The equipment is for the WEST KYTLIM operations.
Dont forget there is an "in addition" in the RNS.
Great post! Everyone has their own view and agendas but there is a lot of unnecessary speculation and deramping/ramping for a share that is suspended (oxymoron?). I am looking forward to the day when the suspension is lifted but I am not desperate for the funds. This is AIM, worst place in the world to invest life savings but there is always a diamond in the rough.
It's always refreshing to see level-headed posts here so thank you.
This is amazing news. It made my day!
i couldn't buy £2.5 worth but i can happily sell as much as i want
Is there supposed to be a point in the NPV calculation such as 3.58million rather than 358million? or is 358 million shelling instead of USD?
I am confused by the share price.
Hi all, Allenbycapital released a research report today. Surprised no one has mentioned it yet.
http://www.allenbycapital.com/research_933_539603981.pdf
It should be around the corner, first payment from the woodford fund to the their investors is due to take place at the end of the month. Therefore, most of their holdings in TRX should have been sold already.
I think we will see the real value of the company once the recapitalisation is annouced. Not sure if we will see 10p anytime soon thought.
Anyway, great company with great products.
The three local processing plants appear to be at max capacity but two of them are being or have been expanded to double their capacity. If ROCK intends to start open pit mining, it is possible that they could utilise some of the spare capacity. Hopefully they will enter into talks with the local processing plants sooner rather than later.
Ravenwood: increase in the processing capacity of the mine to 5Mtpa (it seems that Resolute is going to want to take advantage of the capacity).
Pajingo: design capacity of 650,000 tonnes per annum, last year 374,000 tonnes was processed.
Blackjack Processing Plant at Charters Towers: planned expansion from 2.8mtpa to 5mtpa
Please do let me know if there is something missing.
I don't think anyone has a clear idea of the true value of the company. Random numbers being spouted on the board without any supporting information.
I used Resolute Mining (Rock's Neighbour) to get a rough idea of what Rock might be worth. Their cost is about 800 USD per OZ and their Mt Wright holds about 1.7MOZ and its producing, and the amounts Rocks have found it should be very commercial once they publish the next 11 drill results.
Check out RSG's half yearly report, they have a lot of good information about their project in Australia.
https://clients3.weblink.com.au/pdf/RSG/02140852.pdf
It took about 4 weeks to complete the previous fire assay, so it would not be unreasonable to expect them before Xmas.
trading update on the 11th, hopefully some positive news this time.
Hi Pompeyrod, if you have google chorme as your internet browser, you can click on the translate button on the right hand side of the URL bar.
Well goldfish, welcome to hell... you have to be an extreme ramper to be welcomed here. Apparently there is only one truth, if you do not follow this truth then you get crucified.
I honestly dont care about the "talks" or the potential asset sale. I personally dont think it will happen any time soon, I really hope EUA will go it alone or maybe have a proper JV with a major. They have the potential now to be a multi billion pound company.
Good luck (I assume you're a holder)
This BB is beyond toxic, and hardly anything useful is being posted. Just extreme ramping or deramping comments.
I have probably invested more than i should have in this company but I am not going to listen to some random keyboard warrior for investment advice nor should anyone else.
Same here, easy to sell but cant buy.
It does hurt to see the price drop but in the end who cares. I am in for the long haul even if it is going to be a bit bumpy. There is obviously a huge demand for shares in EUA as i could have dumped all my shares for the low low price of 3.15 a few minutes ago and now its 3.47. It is a shame that no engagement letter has been signed yet but that just means that the BOD are looking out for the share holders as they don't want to be shafted with poor fee terms.