focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Bedhead - great to see someone actually doing some research 👍
Please share the research with us that indicates the Titanium dioxide at Pitfield looks to be of massive commercial value.
How do you think production costs of TiO2 in a hard rock deposit like Pitfield compare to TiO2 produced via soft mineral sands projects?
How do the TiO2 grades compare to other ilmenite producers?
The people mentioning the copper grades clearly don't understand the implications of the RNS.
The drill results confirm a 40km X 8km metal containing mineralised system which is enormous! They have only drilled 2% so there is huge potential to make further discoveries
Mining analyst John Meyer said today that the royalty payments should be worth between $2.6m and $4m per year that's on top of the initial $1.7m payment. That's far more than the current KRS market cap plus you get 100% of the phosphate mine thrown in for free
Keras produced a bulk sample of 10,000 tonnes that was valued at $1.5million several years ago. On that basis the additional royalties/fees that Keras are to receive in the terms of the resolution should be worth in excess of $10million
Very pleased to see the long running uncertainty over Nayega has been resolved.
Most shareholders had given up the idea of getting anything out of the project and this is reflected in the low share price.
The terms of the resolution will bring funds into the company that are probably greater than the current market cap and will enable the company to grow the fertilizer project into a much larger operation without any requirements for external funding
I had a quick look at the lead prospect on the licences where there is a JV but the gold resource appears to be 1km to 2km below ground. A deep underground mine would be very expensive to develop, possibly in the $billions. Has anyone managed to find details of the scoping studies that are mentioned in the RNS as that would provide some interesting details? It's good to do a bit of research on the potential transaction before jumping in, especially when the share price has risen so much already. It would also be interesting to know why WRE has been in business rescue proceedings since January and wasn't able to secure finance.
That's a stonking potential deal announced today and one of the best on AIM in recent years.
The terms are excellent and remind me of the deal struck by Atlantic Lithium which fully funds construction of the mine by only giving up a 50% interest. RNS also states that much of the due diligence has been completed
Very sneaky how the company keeps releasing an RNS on a Friday evening before a bank holiday weekend.
Last week it was accounts that showed the company is out of cash and today one that shows a sale of shares by an insider.