focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Great news first commercial Grade dore produced and Antimony grade up to 99.11%.
1st June gold price was $1300 / oz. Today hanging in over $1500 /oz.
It does not take a rocket scientist to realise that is an extra $10,000,000 a year when we are producing 50,000oz....come on team - lets get to commercial production.
Good morning.
It seems to me that SPMP are taking a long time to launch their new website - I am assuming they will be launch it when they reach commercial production.....come on guys lets get it launched soon !!
How very, very sad. for Wassatt jnr and the rest of the family and all my thoughts and prayers are with you all.
Although we never met we regularly spoke on Whatsapp and I feel like I have lost a friend.
Once again all my thoughts are with the family and I just wish he saw the roaster go into commercial production, but I know he will be watching from above.
Correct Krispy, the value of gypsum does not justify exporting out of Oman. There is demand in Oman but basically just about covers the cost to take it away.
Great way to start the week - the board meeting this week will be even more interesting...well done to the SPMP board.
TDT, I disagree, I do not believe we are toll smelting. SPMP are buying in the raw material.
Good morning all.
I am very much looking forward to this week's AGM. Krispy I think you have some good questions there.
I would also be interested in the following, although I am sure they will say that is SPMP....
1. How are the bank loan renegotiations going on - as I understand this could me our loan might get partially repaid, giving us some cashflow.
2. Thoughts/ideas behind the SPMP listing being discussed - how does this effect TSTR
3. Once up and running - and it can't be long now - how long to ramp up to full production (I think you have this covered off)
Re the more regular updates they have said there will be quarterly updates - when will then commence
I am quite a new investor here and maybe more people will sell on the basis of "buy on rumour, sell on fact" but I cannot believe there could have been a better RNS for the half year results.
Revenue increased 171% to US$9.8 million (H1 2018: US$3.6 million)
Adjusted EBITDA** loss almost halved to US$1.4 million (H1 2018: US$2.8 million)
Overall loss for the period materially reduced to US$2.8 million (H1 2018: US$5.2 million)
Group cash as at 30 June 2019 of US$3.4 million (31 May 2018: US$0.4 million)
Looks to me like profitability is on it's way...what's not to like.
Pleased to be here.
Good morning all - we can now say the AGM is next week....lets hope we have an update before then.
When I met Karen last year I did float the idea that maybe SPMP would license out the the technology to gold producers so they could build roasters on site of very large mines where they cannot extract the gold through traditional methods. Would be nice, no capex and a revenue share - maybe I am dreaming.
;-) was the wife!!
Marked on the trades page as unsure....I can assure you this was a purchase ;-)
Awesome find.
Very interesting to see who they tagged in: vedanta, angloamerican, riotitinto.
Couple of other points: "at least 50,000 oz of gold, up to 20% of average annual antimony production" (I thought it was about 10%)
Yes Krispy.
Not sure I believe it but just imagine gold at $5,000 an oz in 3 years.... that would interesting as SPMP will be producing 50,000 oz a year by then, or even a bit more.
https://masterinvestor.co.uk/economics/mellon-on-the-markets-gold-and-what-comes-next/?utm_source=Daily+Bulletin&utm_campaign=0a438ba5b9-Daily_Bulletin_20190701&utm_medium=email&utm_term=0_25eff0bb7f-0a438ba5b9-35003965
Interesting article - JM pushing us and even mentions gold at $5,000 an ounce in 3 years..... now that would be a game changer.
https://masterinvestor.co.uk/economics/mellon-on-the-markets-gold-and-what-comes-next/?utm_source=Daily+Bulletin&utm_campaign=0a438ba5b9-Daily_Bulletin_20190701&utm_medium=email&utm_term=0_25eff0bb7f-0a438ba5b9-35003965
I will be there...happy to meet for a coffee before Krispy. Cafe Nero on the corner? I will be there from 10.