Https://www.telegraph.co.uk/business/2024/04/13/britain-and-us-block-trade-russian-metals-london-exchange/
If Birdy can't get the assets sold now then there is no hope. Expect copper to move higher as a result of this.
OD
To Mr Bird... We know you are reading this board so,
It's time to get Luansobe sold. A proper cash sell to an established mining company. Stop playing games with artisanal miners. It's time to reward the shareholders.
Pretty Please
Jonah, your last sentence "FWIW, I believe the IRH project's most valuable outcome is going to be a demonstration to the industry of what we can achieve and hence unlock the potential for future, more lucrative deals." is 100% spot on.
The RNS mentions the NEOM project, which will export large quantities of liquid ammonia across the world, many times and also makes it clear that the cracker would be ideal to convert the NEOM ammonia back to hydrogen. I think Air Products will be interested in this and ultimately will probably bid for AFC.
Thanks for the link Jonah,
From the report...
"Combining the constrained supply outlook and strong demand projections results in the forecast 2023 deficit increasing from 983 koz (per the previous Platinum Quarterly) to a similarly significant deficit of 1,005 koz. This would be the deepest deficit in the current series going back to 2013. "
So why is the platinum price on it's knees?
Dorfan, Mickie, not sure whether we have bottomed yet as the the earnings for this next quarter will not be good because of Roan being down for the upgrade / module integration. I think once that is done we will hopefully see some rapid increases in earnings, assuming it all works as expected.
OD