Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
There's definitely been some dodgy Russian documents that people have held way too much stock in in the past though so being cautious not a bad thing. We've had more false dawns than the set of the teletubbies so I remain quietly hopeful. It would be good to have this in a solid RNS, I agree.
I didn't because entropick was saying we'd get to £1 and getting 40 up-votes ; one for each cash emoji.
I'm much less green now ... I hope! Let's not get carried away though - we're still in the 2ps!
Who needs favours when you're up 70%. Let the man leave with his gains and let's hope we all can too!
Or £340 million rather
Is that close to £400 million of private investment with the column being in thousands of roubles?
Kind of funny that we're at 2p and we're talking like its the start of the endgame. What has this share done to us?!
Well that's the thing isn't it ... they'd rather have a punt on maybe finding some in Greenland rather than the mountain that we've got!
Sorry my hand slipped, I meant to put that the silence probably meant we were in an NDA and a take-over bid was imminent.
Ineresting insight here : https://www.proactiveinvestors.co.uk/companies/news/307300/amur-minerals-takes-major-step-forward-towards-kun-manie-access-road-construction-7300.html
Note that the article/interview is four years old and we aren't any closer to any of it happening. Road will take two years to construct. Can the road and mine be constructed together? I wonder if the Ice-road (if its still operational?) will be sufficient to transport whatever is needed to begin construction of the actual mine.
Also : "The nickel-copper sulphide mineral exploration and resource development company focused on the Far East of Russia said the updated estimate based on the one-lane design indicates the average cost to construct a kilometre of the road is US$382,000 including bridges, diversions and culverts. "
So the road will cost $120 million, although the article this came from is 2 years old. I don't think there's been another update on the road after Feb 2019 to my knowledge?
Is the road being constructed? I can't remember the last update, but the road has always kind of been a sticking point.
The last thing I can find is : "received topographic and hydrological information on a four kilometre wide, 320 kilometre long corridor, along its planned access road route."
I feel like a 320 kilometre road is going to take some time to construct and presumably we can't even begin any other work until it's finished?
200% upside due in CPI, 100% upside due in CPX, 50% upside due in PTRO.
Wow sushi, you must be a billionaire by now?
I don't know, this one kind of *feels* different, but I wouldn't trust my spider-sense.
This slow and steady climb is somewhat encouraging. Feels like we're due a break upwards one of these days. Is Geng around to show us the way? My rudimentary chart sees potential resistance at around 1.86
Ahh, okay, thanks for explaining.
If I'm feeling particularly masochistic one day I might take a punt on HZM too!
Umm, isn't that kind of worrying then? HZM is bigger and more advanced and yet the MCAP is only £113 million.
We'd need to see 8.1p here for that to happen and that's assuming no further dilution. That's obviously a damn-sight more than the SP is now, but I'm sure would fall short for many if funding was imminent.
Unless HZM is undervalued?
The whole thing is weird whatever way you slice it. If the share-price didn't change at all there wouldn't be a market for anything. The value of the company has fluctuated fairly wildly outside of the last couple of years, and yet we must be in a better position than ever before given we are closer to the finish line than we were [x] years ago. The whole thing is smoke & mirrors so using something that is equally illogical to dissect it kind of makes logical sense to me, haha.
Why are they using the proceeds to look for other investment opportunities then? Or am I concentrating too much on what they're actually saying and not giving enough time to everything they didn't say .... :/
No way does the TEO arrive early.
I've got uBlock Origin installed on my chrome browser. Don't see any adverts at all - youtube included!