George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Capital Markets presentation
A unique opportunity to support the electric revolution
Hochschild Mining PLC ("Hochschild" or "the Company") (LSE: HOC) (OTCQX: HCHDF) is to hold a remote Capital Markets event presentation for analysts and investors at 14:30 today (UK time) on its rare earths project. A replay of the presentation will be published on the Hochschild website at http://www.hochschildmining.com/en/home following the event.
Key highlights of the presentation:
§ A unique, high value, sustainable Ionic Clay rare earth project in Chile
§ Offers critical supply of higher value heavy rare earths outside China
§ Ideally placed to meet exponential rare earth demand underpinning the electric revolution
§ Simple strategy of starting with a minimum viable product, then targeting optimization, growth and integration
§ A multi-module growth strategy with module one delivering high returns:
o NPV of approximately $152-177 million
o Life-of-mine: 11 years
o Low project capital expenditure of approximately $119 million
o Average annual EBITDA of approximately $50m[1]
§ Name changed to Aclara (formerly known as Biolantanidos)
Ignacio Bustamante, Chief Executive Officer said:
"We acquired 100% of Aclara in October 2019 and have applied Hochschild's operational expertise and distinctive culture to move the project forward. In taking on the project, we have dealt with new minerals and a value chain dynamic that is totally different from precious metals and relatively unknown to the western world. It is a challenge we have embraced and one which has enriched our organization still further. I am confident that the combination of our de-risking process together with strong fundamentals underlying our investment thesis and the significant recent increase in rare earth prices will deliver a very exciting future for this business."
Will LSE have RNS for VLRM on here do you think ? I’m trying to research and understand where this could go - how much cash they have etc etc but not finding much so any links please do share - I’ve read what is on investigate
loaded up 550,000 shares in this bad boy - will sit on my hands now till value is realised ...Egypt is lovely to increase production base ongoing and then Jamaica is a diamond ...when that gets farmout and closer to drill this will explode ...
1,000,000 buy at full ask ...interesting
I’ll be buying back in over the coming week or two but definitely not today - market could take this straight back over £1 in the next few sessions or could take it into the 50s/60s ...and since I can’t tell where it will go I won’t lock the money in this ...really not a great update and clarity on expected 2021 and onward sales needed (otherwise it’s all hot air)
Taken £20k - if they let me buy another £20k I would
sea of blue ...may even finish blue