focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Looks like they've moved significantly out from the lake shore, is that 7 now or more?
Welcome back from the slammer, some very influential forces at work.
As per last time struggling to see any justification, but I believe HBOB suffered similarly...very strange and only in relation to the WRES BB.
Love the picture though...How BIG are we gonna be??
The colour red is a clue, it's a secret society.
Starter the idea is to sell when or if those risks come off the table.
Very easy to mine, would love to spend a day digging at LP.
DH one thing to be wary of is that the LP fid acknowledged t2 ramp phase so should be no changes to paying off the ridiculously small loan within the reported short timeframe. Also very impressed with Régua seems even cheaper to run than LP and very smart move to use existing infrastructure whilst also shifting and refurbishing the old concentrator. MM seems to be very careful with our finances.
Not so sure about a few days, but I’m hoping to see some movement when out I’m out there in a few months time. Not really bothered about the project / gold delay, most important thing is there’s no further project delays and that the initial commissioning processes have NOT encountered problems, so to me at least it’s just a case of waiting for more positive signs of T2 ramp up.
Take break DH ffs your on holiday and going imo to one of the nicest accessible places our planet has to offer. This bb will defo still be here when you come back.
Yesterday's RNS, also stated that the old concentrator will be upgraded once moved later this year, so this suggests to me that movement and upgrade costs must be very attractive versus the purchase of a new concentrator. I don't want to speak to soon but, but apart from the 2 month delay all looks pretty good and the next 3 months could prove to be a savy investment for such a bargain price at the moment.
I'm interpreting that the crusher + old concentrator can only do approximately 10T per month with the low grade feed and the jig and mill effectively doubles this to 20T per month. Higher grade feed should then take us higher still as the new concentrator begins commissioning. By August we'll probably be higher again as we'll have the option to run both concentrators simultaneously and by September we should be well and truly on the road to 200T per month.
It’s seems the way with Wres, tungsten just not as interesting as say an oil drill. Market probably quite rightly waiting for the promised production updates in the September quarter.
Wassatt I’m really pleased with today’s two RNS reports and I think most in industry who’ve been involved in equipment commissioning will be impressed by MMs achievements to date. Very relieved and happy to add more. Fully expect to grab a few more at cheeky prices, but not sure I’d be to happy to sell too cheaply, but if I do i’ll Be buying more on the dips.
Kev going back to the point you raised earlier. Today’s RNS stated that concentrate production recommenced in June. So I’ve interpreted this as a break in production, which now involves a new ramp up from a production low. I also noted the terminology in the last RNS, but had no concerns as I rightly or incorrectly interpreted this as a dual commissioning process that is performed with and without ore. My background is pharma manufacturing and we use a similar approach when commissioning manufacturing equipment.
Yep happy to buy the news and added another 2.5 mil, just 1.5 off me 20 mil target. Disappointed I didn’t get below 0.43, but hopefully will do with my next purchase. Surprised that DH hasn’t given any commentary, although apart from a further slight JORC delay not much to get yer teeth into.
The revised JORC will clear up questions, more than happy to wait. I understand your frustration, but as they say in France, “Qui vivra verra”.
Isn’t a JORC reliable evidence stv?
I think their struggling today, maybe someone can give them a hand.
Yep after 4 mil in total at that level, but looks like I’m stuck at 16. Maybe MM goes full ramparooney after the 20th, hope so as i’m Bored of the low 0.4s.
OK cheers Kev, do reckon the 0.6 ones will be held a little tighter?
No I feel they are, but surely you don’t have to RNS every time on AIM maybe just an update once they’ve expired. I know they do on the ASX, but doubt the same applies to AIM.