Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I would hope that if infill drilling was really necessary, we'd know about this by now! They've had more than long enough to come to this conclusion.
And four foot snakes, if it is, can we pay for it from LP production not another f'ing placement.
Apologies for the F's but i'm getting f'd off.
Do we know if they're pulling 24/7 shifts on site. Surely the income generated and interest saved would offset a bit of overtime!?
Bleugh. I hope you're right. I am SO BORED!
I hope this gathers momentum soon, I really do.
Anyone any dealings with HSBC? All sat in my ISA and no messages nor nothing about the OO.
Cheers,
I'll join Richardkaz at the bottom with another 1,700,000.
I hope i'm not the only poor sod with an average north of 1p (only just).
Bought in years ago when I had spare cash and the SP much higher. I now have 2 kids and a bigger house & mortgage to boot.
Cash, and willingness of the wife given lack of performance, is another reason i've only topped up sub 0.5p once.
Looks like someone was waiting for an opportune time to buy in;
30-Apr-19, 16:29:49, 2,600,000, Buy £463.37k
Saw this buried away in the RNS
"This is driven by exchange losses of £2,173,000 on translation of the US dollar denominated BlackRock loan into Sterling at 31 December 2018, "
Did someone specacularly mess up here or was this to be expected? That's a good chunk of the overall loan p155ed away!
Absolutely right Rosewall.
I suppose the only thing in our favour is that Stage 1 funding smacked of desperation, this funding slightly less so and there might be more interest.
Here we are, several years down the line
Mineral rights secured.
Planning secured.
Stage 1 funding secured
Stage 2 funding secured
And a lot of us LTH's with diddly to show for it.
Can't help but be brassed off that we could've got in now with none of the risk of accomplishing the above and the years of waiting.
Yeh - given the time between concrete segment plant opening and TBM commissioning, it wouldn't surprise me if they were waiting for segments to cure. Possibly c.28 days from casting to ready to use so probably not too far off.
We're fully funded for the current build, under budget, and are generating a not insubstantial amount of income from Tungsten - surely enough to cover current operational costs. I'd be p133ed if another placing was required - what the flip for?!
Is my LSE broken? Not showing an RNS although I've read the one on the external link.
Presumably nothing, else that would be insider trading....
less not inconsiderable processing costs presumably?
Devilhorns, why the personal attack on K3VMC?
Yeh - that's really nothing worth listening too. The interviewer sounded like they were just going through the motions and not really listening to MM's answers.
Caspinos - "I bought on the day of the successful planning meeting having established the position of most of the members , when I knew a majority in favour was assured, and subsequently sold".
Correct me if I'm wrong, but wasn't trading suspended that day? In which case I call BS. Or I will happily eat humble pie.
This mine is getting built, surely there can be no doubt about that. The amount of progress thus far is staggering and we're just getting going. Personally, I think the engineering risks are well accounted for and factored in - hence the uplift in MTS costs. Many of these risks have been passed to the contractors involved.
What's killing this at the moment is uncertainty and twitchyness around further dilution. Personally, I think Stage 2 financing is a matter of when not if and with a hint of what.
But one way or another, this mine is getting built!!
I'd love to see some photos and video of the VSM in action. We've only seen photos of it arriving on site I believe.