Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Does anyone have a current figure on SC6 prices? I had search and could see $2,444 recorded in Australia in October 21. Is this accurate? If so the annual revenue would be nearly $731m or $365m revenue to ALL before costs.
56,600m of drilling so far in the MRE. They are expecting another 28,000m to be reported soon. They will easily get over a 15 year mine life. Production is also estimated to start in 2023. Not far away now.
Agreed. I think the dips are now over. It will breakout today imo.
They have 10 Exploration wells in the near term in Egypt. They have also 3 x 3D seismic surveys. So it's fair to say they are really investing in future growth. They have around 100m barrels of equivalent reserves. But that is around 10 years at the current production rates. I don't think they will have much hassle finding more reserves in Egypt though.
Tbh I'm not sure what kind of value transaction they will get with oil at $80. Maybe another deal with a major that wants out? I think drilling the gas prospects in the UK would be a good option. Gas prices are quite high and will be for the foreseeable future imo.
I think it would be a mistake to just pay the dividend straight away. Might take longer, but completing the buyback first seems like the best option imo.
Interesting that there is nothing from Horizontes Twitter account today. I think the next news must be very close.
I noticed some of the other assets have really good grades of Zinc, Silver and Gold. Does anyone know what kind of timescale these will take to reach an investment/development decision? Seems like there is good growth opportunities here.
Nickel almost at $19800
Does anyone have any estimates on what Yanfolia will make money wise? Over the next year or 2 I think they will probably increase the cash pile so tranch 3 may not be required. But it all depends on how aggressively they go after exploration imo.
Until they review all the data you never know. The fact it was a discovery is a good sign.