Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Ggp have a mcap 10x that of tertiary. The main reason for that is pure speculation of a potential buy out by a major.
Once Tertiary have a solid licence for any of these projects then the mcap will be in that ball park
Alan Green on the Vox podcast today sounding extremely bullish about the potential of Tertiary.
He goes on to say the market cap is currently minuscule compared to the asset value and thinks the drop is well over done.
Personally I can’t see it getting much lower. You maybe able to buy under .7 at some point today but I doubt that will last long
I wish I’d held off with my top up. Could have got much better value today
We know it will be open to appeal. But I get the feeling that the CAB and Tertiary are trying to make the permit as watertight as possible so any decisions that are made cannot be over turned.
The in-depth studies carried out by Tertiary coupled with the due diligence that the CAB have taken would surely not leave any ground for a successful appeal.
I do still expect an appeal if the permit is granted, but feel that it would be found to be frivolous
Totally disagree with this view.
We now know the CAB only have issues with one aspect of the project. And this may only be a slight technical issue which could potentially be resolved within a few weeks. Once this matter is resolved, and I’m very hopeful that it will be, the permit will be granted.
Although this is a disappointing RNS, I like some other posters are looking to the positives. They are happy with a lot of the work Tertiary have done but don’t like the company’s plans for the tailings facility.
Personally I can see this being resolved with further discussion.
I’m confident going forward and took the opportunity to top up
Nice delayed buy just dropped. I sense a few more of these are to be dropped in over the afternoon.
For those who have watched the lack of volume over the past few months, seeing several 6k 7k 8k 9k trades dropping in is something unusual
Looking very interesting now
Looking like heavy buying all of a sudden....
Not that I’m aware of. Although a few have given set time frames that have been published by the Swedish authorities
I’m not sure where the date of the 13th came from. Although a few posters are sure that’s the time limit for a decision.
Anyone able to post a link for where that date or timescale has been given?
Patients is key on AIM. Buy when the interest is low and the mcap is low, then wait patiently for news and sell to the heard at multiples of your buy in price
An update should be out in the next week or two. We should start to see a build up with people taking positions early next week. The next rns really could be a game changer for Tertiary
What price targets do people have if/when the permit is granted in Tertiarys favour? What can we value the licence at?
I’m also interested to know what people’s thoughts are on the financing of the mine itself. Are we likely to see dilution or some other form of financing? especially now there is a mou in place to provide much of the funding but obviously Tertiary would still have to stump up some of the cash.
Am I correct in saying £500k is due to the Swedish authorities before any mining activity takes place?
I’m well invested at a slightly lower average than where we are now so don’t think I’m looking for problems. Just have genuine questions about the next steps
It looks as though a few people here are getting bored with the silence. Hopefully an update will be given in the next couple of weeks
Looking for a bounce from yesterday�s drop. If so it should be heading towards 2p
Expecing an update any day now. Could come from Sweden, Nevada or acquisition. Very exciting times ahead
Just looking at other recently constructed fluorspar mines to get an idea of cost and time frames. Came across this https://www.miningreview.com/nokeng-fluorspar-mine-start-construction-r1-7-billion-open-pit/
Let�s assume Storuman permit gets the ok in the coming days/weeks, what sort of time frame do people think is realistic for getting things moving on the ground. I also belive the mou means Possehl will finance the majority of the mine construction cost. Is this everyone�s understanding?