focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Based on today's news, have you opened it yet Sparky!?
Haddad, Let us know how you get on!
Well, there are deals out there... Anything is possible - Money for Metal! http://www.mining.com/lonmin-200m-loan-deal-state-backed-chinese-company/
I think having had 'detailed discussions' from their enquiries is enough for me to sit tight.
Hudson, if you look back were open to dilution... They previously had over 60% and voted against previous resolutions for issuing new shares (dilution)... Then they were in favour and passed the previous resolutions (when SVS took full allocation) - albeit though so Hudson did not drop below the 50% mark...
"in short a few initial panicers but a lot of confidence it will come good..." Of course it will come good! :)
Enough of the pointless guessing guys... Some of you need to obtain some patience.
Some sort of whispers regarding a port deal would change things regardless of todays outcome. Perhaps resolutions are going to be voted down... Perhaps they're not... Perhaps Hudson will release $500k from the available drawdown loan for working capital... Perhaps news of an interested 3rd party financier comes to the table forcing Hudson show their hand... All sorts of outcomes are possible. We'll hear news when there is news to report to the market. To many folk on here trying their best to call it right before its even happened...! WWBWB.
Good article regarding Iron ore and especially increasing Pig Iron demand... https://www.bloomberg.com/view/articles/2018-10-17/rising-iron-ore-prices-seem-to-defy-economic-logic-blame-china
If the buy of £125k is keeping your spirits high... Don't forget the buy of £595k back in July! Maybe it was our first questioner from The IOM on the cc...
I think you'll find the amount invested is greater than $20m!
Good to hear a range of various questions from investors based in various locations during the conference call... Rupert from the Isle of man kicked things off yesterday with some good detailed questions. Anyone here have an investment in ZIOC as well?
You on the Merlot Sparky!?
I'm actually comfortable with the whole situation... even though some are having the odd twitch!
Correct Sparky. Currently 4Mtpa with possible 10Mtpa achievable via upgrade. You and I have been here along time...!
The interested parties in the port have a good reason to see Bellzone continue as a going concern.... No Bellzone, no port!
Sparky, judging by today's trades... Most are happy to sit, wait and see it out...
'If you are going to make statements reference the call - please get them right.' So folk on here talking about selling the port for $40m is right is it Deeogi? I clarified to this BB the BOD are looking to rent not sell the port. Good luck with your investment.
'Deeogi to be fair to mullitover, I think he was referring to $200k being the current income from renting machinery rather than potential later down the line.' Correct Spike
Just to add to Spike' post - The potential monetization of the Konta port is to rent it and not to sell it, as some on here have been speculating. Bellzone has already monetized some assets - Julian said Bellzone has received approx. $200k from these and monetization of the port could double or triple this amount.