focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Absolutely, as said before, the DFS and finance are redundant unless we get the permitsl i've been informed that the permit is a matter of when, not if. June is looking very realistic with ministers to be re-appointed over the few days.
You won't see profits for the first year. I can't see the whole CAPEX funds to be raised through equity (at premium). I'm sure we'll see a debt element with baring interest. The importantance of this mine is to generate revenue and help towards the expansion of other assets / operations. Profit will follow.. IF i takeover happens, IT will only happen once the mine is built so i'm told.
Ignoring you. Saw your posts as i wasn't logged in but ignored it. Filtered for a reason, so don't write to me thank you.
there's a saying "why watch the kettle boil when it's boiling water" we know where FRX is going DESPITE anyone trying to **** on the parade. 1)DFS - NPV, IRR, PAYBACK, MINE LIFE, PROFITABILITY 2) FINANCE - PREMIUM TO EQUITY, MONEY TO PRODUCTION / 50% EQUITY 50% LOAN? POSSIBLE 3)PERMITS - GOVT WILL SIGN IT OFF, JUST HOPEUFULLY BY JUNE 2015, NOT A BIGGIE IF DELAYED FOR LONG-TERMERS 5) CASH CASH CASH FROM MINE
haha! ITYS !! OMG THE PRICE IS UP 16.67%%!!!!! WOW!! WE'RE RICH! Smidsy - bed & isa mate, not buys but confidence.
if the price was going to drop to 0.35s, it would've done so by now, especially after 2 delays!
ANYWAY.. Frx to release DFS shortly!
Haha stop it! You'll make him run back to his mummy!
but is he seriously posting a drop of 20%? which is the last transaction on LSE? (google!) wonder why it isn't showing the LAST transactions showing on isdx, which would result in the price being up?? ITYS...thick as hell.
was a buy from BigGib off twitter...
with a half a brain would know that the spread caused the move up yesterday, today is just a correctiong which has encouraged buys.
it sure had buddy
There was a larger buy than sell yesterday. Expecting DFS / Finance! Hurry up DR!
expecting the ministers to be reappointed by the end of next week.... looking at the permit docs by mid-june ready for the sign off end of june?...
bonus!! nice one
if the figures are good as i think they're going to be then i will be chucking the kitchen sink at this and aim to hold approx 6m before we get into production.
it's due but when permits become clearer imo. good time to buy
bottom of the RNS's
Are you seriously coming per share value when the company isn't generating ANY trading income??? Togo mine is set to be profitable, even AFTER any finance cost...how can you be making a loss when revenue will exceed cost? Seriously itys, wait for the Dfs, you come out with some real dumb posts.
The permit will allow FRX to mine maganese and produce cash, the mine value stands at 1.70p-1.90p alone base on prior numbers, however this will increase as as production increases / better grades etc. We know that CAPEX is lower than $14m... Can't see this not being 1.50p atleast in the short-term.