Member Info for pawnsacrifice

No doubt there's been some delays but its still going ahead in fact coal power seems to be a massive plan for zimbabwe they just love it. lol so just a case of holding patiently imo.

Factbox: Where are we with the Hwange power projects?
https://newzwire.live/factbox-where-are-we-with-the-hwange-power-projects/

They don't need "high prices" as they're planning on selling in country to chinese co. s who as we know aren't known for their environmental concerns and if memory serves they're selling at the mine gate.
Just need a fair price for a profitable business.
They certainly could do with getting on with things however both with the coal and gold projects. Looking forward to results end of month though would like an update earlier due to the recent share price action. No idea if that will happen but boy would it be timely.

Not holding GCAT either and totally unresearched there but this statement if true..
"- Operating costs of US$985/oz were achieved in September 2021.
-- Total costs of US$1,694/oz were reported in September 2021. This includes the all-in sustaining costs and also the planned capital expenditures at the Company's underground mining operations and gold processing plant and acquisition of new equipment, purchase of increased stores and mine and plant consumables and exploration equipment. During this phase of replenishment, optimisation and capital investment total costs are not considered representative of the budgeted ongoing costs of the operations, which are expected to be more representative at the end of Q4. "

Would seem to indicate they're expecting costs to drop considerably?
Is they're cash position solid enough to absorb this time of investment would seem to be the first question and 2nd (for me) would be what level of growth in production are they/you expecting from said time investment in plant etc?

Holding myself and not totally bearish just peed off with more dilution but should note from their last RNS on the matter they're not producing 650BOPD they're producing 650BOEPD which isn't the same thing as the comparison is energy equivalent not price of commodity equivalent.

Trendline chart. Hope it works.
https://temp-vogarvtbuvqeycaqlfbb.webador.co.uk

Yes they reckon green steel will cost the German steel industry €35B and the germqan gov have offered €6B to help.
Longterm iron ore chart suggest a bottom being put in on the commodity at around $98 likely as cop26 ends.
No idea how to post it here but a trendline from the Dec 2015 shows the commodity having come right back down towards the bottom of the trend so maybe caution on the bearish views is warranted.
https://www.barchart.com/futures/quotes/TRY00/interactive-chart

Whats the point in upgrading their credit rating if they're still resorting to diluting holders at the drop of a hat? How many placing this year? How many shares in existence now andrea you great big useless plonker?

Yes fair enough. Last I read was of there being no real substitute for coking coal for steel production. Got that from a cgo interview but never verified.
Do wonder how much land would be needed for the big steel producers to viably do this ?

Doesn't sound a worry yet. More virtue signalling than practical reality..

“It is early days, but given both BlueScope and Rio Tinto are committed to net zero carbon emissions by 2050, we realise we need to investigate multiple pathways and strike partnerships across the steel value chain.”

Agreed, over what they predicted not under. Well done zen imo and total production for the co. looking most respectable.

Gap filling at the mo. Gap between .44 and .485. LoverlyJubbly.

Well they've stated that the pump was only producing at 20% capacity with their 20BPD before workover. That gives 100BPD full capacity alone + there was a large amount of waxy buildup which was plugging up many of the lower perforations too so I'm going for 300BPD+ and wouldn't be at all surprised if kyle's not correct with the 500BPD call.

730k isn't just over 500k flatearther its nigh on 50% higher. Quite a lot of difference actually.
Are you really a flatearther or is that just a handle?

No its not flatearther. $1m is currently equivalent to c.£726K.

Just been reading the UJO board and they 're having trouble taking in the fact that UJO are producing 500bpd and being successful in their endevours.
Just imagine the reaction if Andrea announces the same with Rob-1. Not impossible with the latest update imo.
Think there may be a few needing treatment for shock.

Rising nicely and on volume. Good to be rewarded for holding this one. We knew it was a stupid valuation glad the markets waking up to it too.

thanks asprat appreciated, thats actually quite an interesting looking product they're launching imo..

HeiQ is poised to launch HeiQ AeoniQ, a game-changing, climate positive yarn derived from sustainable cellulose materials that captures CO2 from the atmosphere, and is calling on forward-thinking, sustainability-driven brands to be the first to launch circular apparel and home textiles produced with HeiQ AeoniQ!

This revolutionary yarn is designed for cradle-to-cradle circularity and can be recycled repeatedly while maintaining consistent fiber quality. It is wholly sourced from sustainable cellulosic raw materials, requires no arable land, pesticides or fertilizers, reduces water consumption during production by 99% compared to cotton, and has properties comparable to polyester, nylon and conventional cellulose yarns

Must be even more unjustified today then, an update on their collaboration lycra might help steady things or one of the Q3-Q4 deals they were expecting.

Looks like your TA's failed you already Smithy stocks up 4.3% and testing that unimportant 50dsma.

Don't want to depress Smithy but starting to think we could have another blue day. Just got to get past that 50dsma and its bullish skys ahoy imo.