Member Info for observer842

@MLQ I see 2 U in J & 1 U in J. All preliminary no doubt...

Go fish, Bill.

============
Satellite links:
-------------------
MEDI BRISBANE in pier 1
https://apps.sentinel-hub.com/eo-browser/?zoom=18&lat=-0.06071&lng=-51.16732&time=2021-05-08&preset=1_TRUE_COLOR&datasource=Sentinel-2%20L2A
OSIOS DAVID in pier 1
https://apps.sentinel-hub.com/eo-browser/?zoom=18&lat=-0.06071&lng=-51.16732&time=2021-03-29&preset=1_TRUE_COLOR&datasource=Sentinel-2%20L2A

High resolution, but unknown date:
https://satellites.pro/Brazil_map#-0.061670,-51.167402,19
https://what3words.com/rare.then.moats?maptype=satellite

Public port:
----------------
https://serveporto.com.br/atuacao/macapa-ap/
https://www.myshiptracking.com/ports/port-of-santana-in-br-brazil-id-6679
https://www.vesselfinder.com/ports/BRSAN001
https://www.marinetraffic.com/en/data/?recognized_next_port_in|begins|SANTANA|recognized_next_port_in=2476
https://www.fleetmon.com/ports/santana_brsan_2955/
http://www.docasdesantana.com.br/index.php/operacional/programacao-de-navios
https://shipnext.com/port/santana-brsan-bra

Private port:
-----------------
https://what3words.com/hugs.admires.respects?maptype=satellite
Stockpiles:
https://what3words.com/forecast.screamed.massive?maptype=satellite
https://what3words.com/happy.tractor.bunch?maptype=satellite
As pictured here:
https://www.cadenceminerals.com/wp-content/uploads/2020/01/Port-South-1030x572.jpg

Social media:
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https://www.facebook.com/docasdesantana
https://www.facebook.com/Serveporto

We have a winner! ;-) The other one shipping this month is named, but hasn't set off. Also I see 3 in J, 3 in J :-))) Presumably contingent on the deal being signed. All subject to change...

Looked like a Medi swap to me, not a Medi addition. I'm no longer paying attention to it.

First scheduled use of pier 2 is by D, early next month. All subject to change...

Couple due later this month, but I presume could be shifted back if the deal isn't signed? Especially the second one. DCE closed crazily up! :-)))

http://www.custeel.com/en/csi.jsp
===[
Date Seaborne index 62% Fe fines Seaborne index 65% Fe concentrates premium Seaborne index 65% Fe fines Seaborne index 65% Fe pellets premium
2021-05-06 201.80 18.50 235.00 62.60
2021-04-30 187.00 16.50 223.00 66.00
2021-04-29 190.80 16.50 226.00 66.00
2021-04-28 190.70 16.50 226.00 59.50
]===

Futures are increasing nicely too:

https://www.cmegroup.com/trading/metals/ferrous/iron-ore-62pct-fe-cfr-china-tsi-swap-futures_quotes_globex.html
===[
May 2021 190.41
May 2022 141.42
May 2023 119.80
May 2024 107.20
Dec 2024 104.76
]===

For those new looking in, the Amapa financials are expected to be profitable at $61/t Fe 62%...

Fingers crossed all for some blow your socks off news tomorrow or Monday! :-)))) And that OUR BoD don't corkscrew us over...

Ob.

Good spot. I've no doubt that DEV were at one point planning to realise the $10m net in 4 ship loads, but as you probably know, with elevated iron ore prices this can very likely be realised with 3 ships, possibly even 2 at a push.

It's a little mind blowing @tomcat! Including this one I'll have trouble counting how many over the next 2 months if I put one hand behind my back... Looks like they are planning on bringing pier 2 into play next month. ;-)

Seems a little too good to be true for my liking! But it is what it is and the source has held up so far... They are expecting the deal to complete IMHO, but I fail to understand why the websites aren't being updating for all to see? It bothers me - and one of the reasons I continue to be vague...

I'm as certain as I can be that it was a MEDI swap, not a MEDI addition. But why aren't they updating their sites? Shenanigans?

I wonder if DEV will be able to turn it round as quickly as before? Hopefully we'll get an RNS on Monday updating us - if not before for various reasons! ;-)

I'm still buying as I think the gamble is WELL worth taking. IMHO of course. Risk to reward...

I wonder if we'll get an RNS? It's a material improvement to our JV's :-))))

===[
Mineral Resources for Yangibana North West and additional Inferred Mineral Resources from Gossan, Kane’s
Gossan, Lion’s Ear and Hook remain unchanged from 2019 and are stated at a 0.20% NdPr cut-off. It is expected
that re-stating these resources to a 0.24% TREO cut-off will further increase the total Mineral Resources for the
Yangibana project.
]===

Though for some reason they are claiming these as 100% HAS. Perhaps we've sold? More likely a typo. @Kiran!?

===[
Table 8: Mineral Resources not updated, 100% Hastings, all Mineral Resources are Inferred Only
]===

https://www.investi.com.au/api/announcements/has/b07ebf9d-03c.pdf

Feels VERY imminent @EV_Bull. LoL ;-)

Thanks @MLQ!

Pretty sure they don't exist any more @Dallas... And confirmed in the RNS: "There are currently no other options outstanding."

To answer your question directly @tomcat: no, but these things flux around so I guess could change, though I think unlikely as my take is that it's a MEDI swap, not a MEDI addition, CURRENTLY before dredging. Why the swap? I don't know, I can think of many reasons, some practical, some fanciful, but whatever the reason the result is good for us. :-)))

The Tin and Lithium prices used in the WHI report which gave stated fair value of 129.8p/sh for current plans and implied £2 for a doubling of capacity in year 5, are as below:

https://www.europeanmet.com/wp-content/uploads/2021/02/20210212-FN-EMH-090221.pdf
===[
Long-term LiOH price set at $12,500/t
Long-term tin price set at $21,000/t
...
Given the size of the resource, an expansion seems like a logical project for European Metals Holdings to take and is perhaps one of the biggest sensitivities to total NPV. If we double the size of the project from year 5 (to match potential demand increases in the EU), for an additional capital cost of $300m, then the total NPV8 for the project rises to $1,748m from $949m in our Base Case. We see a clear case for an expansion at Cinovec.
]===

And they've been rising recently:

https://www.lme.com/Metals/Minor-metals/Lithium-prices
===[
FASTMARKETS MB LITHIUM HYDROXIDE MONOHYDRATE: MIN 56.5% LIOH2O BATTERY GRADE, SPOT PRICES CIF CHINA, JAPAN & KOREA, $/KG)
(MIDPOINT)

DATE PRICE (US$ PER KILOGRAM)
29 April 2021 13.00
22 April 2021 12.25
15 April 2021 12.00
08 April 2021 12.00
]===

https://www.lme.com/Metals/Non-ferrous/Tin
===[
LME TIN OFFICIAL PRICES, US$ PER TONNE

CONTRACT BID (US$ / TONNE) OFFER (US$ / TONNE)*
Cash 32193.00 32193.00
3-months 28975.00 28975.00
15-months 26620.00 26620.00
]===

No doubt strengthening KC's negotiation hand. :-)))

;-) You could find out now if you could be bothered to look through all the port watching links...