Member Info for raxfactor

Plant running well as usual as shown by the ore mined however the the difference when the copper grade improves makes a significant difference to bottom line nice to see net cash improving, hopefully the cu spot price will continue to move back up to recent highs.

Excellent update it's always good news when you set new production records supported by a high gold price they should be able to generate a nice cash reserve especially with the additional cash from the sale of the solar farm.

Nice to note the mine is running without any issues at present.

What Mark said on linked in not much if any different from the end

https://www.linkedin.com/posts/caledonia-mining-corp-cal-_cmcl-miningnews-goldmining-activity-7317826635217461250-crBu?utm_source=share&utm_medium=member_android&rcm=ACoAABMVLeUBuq6pXKVQF9uiqShoY4pUmF3ZdCo

In defence of aTHS it is pointless waiting till the price of pgms are at or near all time highs the time to invest is when based on ratios pgms are very cheap compared to gold, SMP 500 or any other assets that takes your fancy, the cure for low prices is low prices with the added bonus that uneconomical mines will be in care and maintenance probably never to mine again.

With these factors in mind now is the time to set things in motion just because prices are currently below what we would wish doesn't mean this will always be the case.

Patience in a virtue perhaps that's all we need.

Hi Contango ,

I am in agreement imo £6.40 would be an absolute maximum based on our past ratings, Mozambique seems to get a significant discount maybe country issues compared to Australian assets for example, I must admit if this got to anywhere near £4.50 on the open market I would probably take it and move on only because I sold half my holdings last time we hit £4.50, some of the really lth have been here decades I hope they get a decent return from teetering of brink of losing everything there must have been some sleepless nights during those tough years.

At the end of 2023, our estimate of remaining recoverable copper was then approximately 98,000t.

We believe that estimate may understate the recoverable copper to a modest extent, because it was based on expected leaching recoveries and we are getting marginally better recoveries in practice. Nevertheless, if one divides 98,000t by ten years it is clear Kounrad will not be able to maintain its current annual production rate of 13,000-14,000t until 2034.

Hi Shareminator,

My understanding is that the mine permit is to 2034 and due to Kournrad producing copper by a leaching method of existing dumps which can not be added to results in mine life being determined by the estimated copper within the dumps divided by the number of years left and what is clear is caml cannot continue to produce copper at the current volumes until 2034 it will decrease over time.

However management review the situation and this reflected in their guidance for the year so this is something to consider we will be fine in the near future but farther out our current level of output cannot be sustained, however on the plus side the leaching process is doing better than forecast.

Rhodium edging back up today $5875 should help the basket price.

Commentary on the results growth balanced between public and private.

https://www.iteuropa.com/news/bytes-technology-group-outstrips-computacenter-growth

The recent updates have all been excellent with no debt and cash growing the market seemed to be of the opinion that the opportunity for growth was limited backed by what exactly as results have always proved otherwise as today shows.

Like a lot of UK based stocks if they don't get the rating they deserve predators will pick them off hopefully that will not happen here.

Oak bloke reviews THS with this update reflecting on the improvement of the basket price Chrome and our low price.

https://open.substack.com/pub/theoakbloke/p/ths-is-a-challenge-of-13s?utm_source=share&utm_medium=android&r=5hab1

Rh has broke $6k today first time in quite a while since we have seen levels let's see what happens drop back or sustained movement higher.

Money of mine discuss Kenmare today its past history upto today and potential other suitors like Rio good watch.

https://youtu.be/sIqxfjRMwPk?si=cyHmFWXI-XCn_osa

As I understand it Enquest has been paying down their debt, yes they still are in a bet debt position but no were near as bad as it once was.

Net debt c. $386 million at 31 December 2024; a c. $95 million reduction versus 31 December 2023.

As a taxpayer in arrears, EnQuest paid $80 million against the UK Energy Profits Levy during Q4 2024. In line with the Group’s focus on fiscal efficiency and following the approval of the Magnus Flare Gas Recovery project, EnQuest expects to pay UK cash tax totalling c. $100 million during 2025.

Gross debt c. $665 million at 31 December 2024; a c. $1.5 billion reduction since end-2017. The Group has no debt maturities before 2027.

c. $475 million liquidity at 31 December 2024 ($535 million following 1 January 2025 RBL redetermination), providing a platform for transformational transactional growth, enhanced by EnQuest’s advantaged UK tax position.

If I was you DN2024 I would accept the 397p on offer today and move on, if you are that concerned.

What nonsense people die everyday though their occupation railway track maintenance is hazardous, as is truck drivers, oil workers on and offshore to name a few accidents happen in all walks of life and mining is no different.

Are you kidding have you not seen how the sp has been played to get it down to the level it is today £5.50 is a giveaway, plus every possibility that money is being recycled out of tech into real hard assets commodities have never been as cheap as they are today if you look at ratios.

Fair comment by the board though I think with a mine life of a 100 years and the risks taken by KMR with the WCP moves the biggest risk already taken with the first move, investment going into greater efficiency of the plant with the latest upcoming move combined with upgrades they are correct in knocking back the offer as imo it undervalues what is a top producer of mineral sands.

Always been on the cards more a question of when not if, surprised though because I thought whoever was running rule over us would have waited until the move was complete as alluded to in previous interviews.

Bet some LTH are pretty underwhelmed considering we were at £4.50 not that long ago, still it all comes down to what your average price is.

What a great update today the results point towards further growth as in a doubling of production going forward net debt below projected predictions with a strong balance sheet to allow for dividend growth.

On a day when oil stocks are getting battered this is a ray of sunshine.

Nice summary Shareminator spells out where we are, good to see the recent management share purchases but it would have been disappointing if they hadn't and we have had a good response from the market, hopefully only good news flow from here as each milestone gets ticked off.