Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well said there’s always a share you want to be in, but unfortunately it’s not possible.
Imagine being on the outside when EUA rockets up to the final SP - it will be much more than 30 odd % on ARB today!
Saw this on another board and thought it was relevant for UFO. Silver predicted to rise by 37%.
https://www.kitco.com/news/2021-02-04/Precious-metals-prices-will-see-double-digit-gains-in-2021-silver-to-steal-the-show-LBMA-price-forecast.html
KAZ - "We have access to 4,659 Mt of measured and indicated mineral resources at our mining assets, with an average copper grade of 0.41%. The ore also contains by-products of gold, silver and zinc."
I work this out to be 19,101,900 tonnes of copper, giving estimated value of $149 billion worth of copper. They also have a significant amount of gold.
How much in ground resources do we have if they are considering an offer at $3.7bn only? I'm not sure of their extraction costs as I couldn't find it on their website, but looks like they are open pit too.
After today’s RNS, it makes me feel that the reason the board weren’t aware of his sale is because they simply are not in contact with him any more, making the previous RNS even more plausible.
He was brought on for a specific reason, which is no longer needed, hopefully a sale.
It would have read better in today’s RNS if they did write when the contract with Alexei expired, however perhaps it’s omission is telling. What if it’s a key date relating to the sale?