Member Info for marcusg71

Wind your neck in Rambo.

I was relaying what AT said. I am not making excuses for them!!!

Yes sooty, this morning.

Yes sooty

From AT - If it isnt released today then it will be soon. They are finalising the technical update.

I presume after Easter.

More loose ends getting tied up.

Glencore next?

I wonder if Shard are trying to get the 2nd tranche away before news. Some big round sells.

TDB I hope you along with everybody else in here gets their just rewards and makes a mint!!!

Hopefully some day very soon!!

What are the chances of COIDIC having a draft copy of those recosting figures?

Could be a couple of RNS’ one after the other!!

Surely COIDIC have buyers lined up by now!!

RoC elections this Sunday!! Wonder if the Chinese are awaiting the result?

Don’t worry about listening to that analyst he’s been wrong for years. Just trying to keep hold of his job.

https://liberum.com/videos/mining19aug/

https://www.bloomberg.com/news/articles/2020-10-28/liberum-stock-picker-loses-faith-hours-before-2-4-billion-bid

What a difference a day makes!

Hi extrader, I’ve already gone back to ask him of their perceived value of the project and on their discussions with COIDIC.

He hasn’t come back as yet but if he does I will ask the question.

I had an email conversation with Martin Fewings, Investor Relations at Glencore on Friday. Jyothish George, Glencore Head of Iron Trading, was copied in.

“ As you may be aware, our iron ore projects in the Republic of Congo and Mauritania (inherited from Xstrata) are early stage and located in regions lacking necessary infrastructure. Given our preference to avoid the many development risks that attach to greenfield project development, we are more likely to be sellers of these projects. Our iron ore team continues to assess a range of opportunities in regard to the future of these projects. ”

Make of that what you will, but I take that as being positive and that a sale will happen.

No reply from AT to my last dozen messages since New Year.

Hoping no news is good news!!!

I know, I know, ours is still in the ground, but at $202.80 and rising, there’s gotta be a greater focus on our mine.

Give it another 3-5 years and then let’s see how enthusiastic you are ;-)

Very interesting article!!“Chinese experts told the Global Times that China needs three to five years to invest and develop in African iron ore mines, but some investment projects long started before China-Australian ties soured in 2020.”https://www.globaltimes.cn/page/202102/1215117.shtml

Credit Suisse lifted its forecast for #ironore during the first half of the year to $170 a tonne, from a lowly $110 before and also adjusted upwards its expectations for the next three years!

https://www.mining.com/iron-ore-price-bounces-back-after-sharp-fall/

As of the 28th September, shard capital had sold 5m of the 7m under the first tranche. That was then extended by 3 months so they must be close if not already finished. We get a 2nd tranche of 7m 10 trading days following the sale of the 1st tranche.