Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
... and after Q3 results, slowly growing towards $10m mcap as long as they keep doing what they are doing. I like the fact that in rns and in previous interviews, new management mentioned they will look at other projects once Karevleei long term profitability of operations is established. At that point in future, should be much easier to obtain other financing sources than equity raise.
That would be good. However here is patience required to last next 2 quarters of results. Diamond industry and bigger mining companies with higher costs models are not doing very well which is reflected in their negative share price trend.
A bit of off-topic; if anyone remembers a meltdown of oil prices late 2014 and 2015. A lot of oil companies shares dropped quite significantly and the ones who's business managed to get business profitable did well. One of them was pantheon resources with well below $30 per barrel and its shares did multiply within following 1-2 years.
If bluerock can prove that its business model is profitable then for sure these will be appreciated and recognized.
NB - somebody bought nearly 1% of shares yesterday - on Nex exchange.
Recovered gem stones:
2017: 7.76 carats
2018: 10.58 carats
2019, Q1, 42000 tonnes:
February: 8.97 carat
February: 16.28 carat
2019, Q2, 78000 tonnes:
June: 24.98 carat
July: 12.2 carat (cannot find details when this one was actually recovered)
2019, Q3, assuming 90000 tonnes.
With a bit of luck another stone or two due by end of September.
Thank you jscapper.
Also while going through Q3 presentation, management expect to be H2 profitable at already 27.000 tons per month as this is their lower monthly production estimate for H2:
http://www.bluerockdiamonds.co.uk/assets/BlueRock%20Presentation%2009.07.19%20.pdf
Agree. I used to be in KDR for loong time and management always provided lots of excitement and dilution after dilution.
Here, BNR is a producer of high quality diamonds, new proven management, clear plan going forward, importantly what had been said, they did it and provided on time. Now, they expect to have H2 profitable which it will be delivered. If we are getting 16-18$ or $5.7m of revenue, does anyone know what is the cost/operating expenses per year? I read Teichman will charge around $1.3m and in May-June at around 31000 tons made us breakeven, as there were no or minimal draw-downs from a placing wallet. Is it safe to assume that at around 30-32k tons is a inflection point?
The only reason why share price is not rising yet is a placee's shares being dropped onto market which should be flipped soon.
Thanks
Best of luck and hope change does happen. Many years ago used to be kdr shareholder.
If change does happen, then this will probably be the cheapest diamond exploration operating in jurisdiction like Finland with PEA in place.
Tomer Tzach, CEO Cropx confirmed that they received a very large order for their sensors from 2nd biggest agro retailer in Australia:
(April 2019)
https://t.co/BAnJyJb5f9
Landmark: https://www.landmark.com.au/
Do we know if Cropx is using also other suppliers beside Starcom and its Kylos for their sensors?
Thanks
apologies to be pedantic.
This global project is now called Belt & Road Initiative and will also include South Asia and South-East Asia. Currently features over 2700 projects and the thousands of organisations linked to these projects, which add up to a total value of $3.7 Trillion.
Certainly prosperous for growth of 'track and trace' industry.
Stephenfryup, do you mind share with us what was said about ICL at AGM presentation.
ICL funded Cropx and then also signed framework agreement with Starcom short after. It seems they like technology behind Kylos.
Thank you
Good question.
Also, is it possible to share presentation from after AGM event on their website if there is more color added to the one from March Investor Presentation:
https://www.starcomsystems.com/download/201903_Starcom_Investors_Presentation_March_2019.pdf
Cheers
What i read on this forum, Bosch invested in Cropx and I wasn’t aware that also ICL (another big conglomerate) invested in Cropx in May last year: http://iclgroupv2.s3.amazonaws.com/corporate/wp-content/uploads/sites/1004/2018/05/CropX-ICL-Release.pdf
Head of ICL specialty fertiliser says about their new strategy: ...CropX offers farmers a unique product and technology, which will provide a significant added value to our product portfolio in the fertilizers field – and to our clients. CropX’s capabilities and its direct interface with farmers are well-suited to ICL’s new strategy...
ICL this year in Q1 signed framework agreement with Starcom on Kylos forever.
Initially I thought that ICL is only interested in Kylos forever and now I see that through Cropx also vastly interested in Kylos air (where we already have Bosch promoting and selling it).