Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bit harsh that terrafin. The pozz news is very good. Just a wee while longer to wait for the commercial pour... The pozz at 500k tons per year is the main target too.. A little disappointing on the perlite but these thing happen when starting up. No reason to suppose there is a problem and in fact given previous results every reason to be confident we have a viable horticultural grade perlite product..
Looks more like a straight canadian dollar to pound conversion of Largo's share price... Not thought through if that is the case.. That said - I can see £1.13 (and more) quite quickly with or without eskom news if the V price keeps rising and/ or people start recognising our place in the green technology arean.
Great news for the upcoming JMS Dividen in May .. JMS price up to $0.36 on high volume. Juno spin off near too - looks like there is more to come.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02342782-6A1020834?access_token=83ff96335c2d45a094df02a206a39ff4
Controversial speculation about a motive for the scant update.. that said I don't think you will be alone in suspecting that. Perverselyy, if true, that should be a good buy signal!
Yes -thanks DBB - 37m at 12.97 - shouldn't take too long at the current rate if it is them...
Duferco are the obvious answer - anything above 17 is in the money for them.. I see no reason why they would want to hold a minority stake in Bushveld.. they are a producer not an investment company and I find it hard to see them wanting a strategic stake in us however good the story unfolding is. An active disposal program from them allows them to avoid Tr1 notifications I believe.. If I'm right - strap in for when the overhang clears!
Yes - more marked for what wasn't said rather than wha was... I guess we'll just have to be patient (clearly not everyone is!).
I'm glad they threw as a bone via the teaser on renewable energy projects. A good growth area and one that can attract high valuations. Let's hope they know their stuff/ do their research rather than (for example) follow the herd blindly into Lithium battery grid storage. (Would happy with VRFB storage though!)
Aah yes thanks AJAYE - I see the warrants now.. must be as blind as a! still not bad - 2 for 1 and effectively means another 1million coming in for around half the number of shares next time. Might be sooner than many think - we could hit 2p quite quickly I believe if even 1 of Migori, RRAL, or Congo give the expected good news. Lots of things to invest it in - Macalder tailings anyone?
Have to be pleased with that. The price is good and no warrants issued...You have to speculate to accumulate and drilling now can increase the value of the RRAL assets prior to IPO. Helps also to have some cash in tha bank when negotiating a JV in Kenya perhaps..
Not sure I reallu understand your point zumore. If RRAL has an IPO and lists on the TSX then whether the resultant 'new co' shares are distributed to shareholders or retained by RRR & POW then the benefit in financial terms to RRR shareholders is the same (either we have tradeable shares in Newco or RRR valuation and share price increases by their share of the mkt cap of newco since a proper valuation can then be assigned to it). My preference would actually be for RRR to retain it's share of the newly floated entity since I believe we will then have a significantly higher share price and with that scope for raising funds to add value to the remaining Victoria tenements much more easily and with less dilution.
No.. Norway let go , Storuman still 'live' pending chang of heart..gl
No.. this is an agreement between Kansai and RRR. Absolutely unrelated to the license..
Actually I think you can just defer submitting your return but are still supposed to pay now an estimate of what you owe.. Best check if it affects you!
someone's tax bill to pay I expect.. shame - should have salted in the sell over the last week or two.. that said one never knows when the drill results or perlite news might have dropped so i can understand someone holding on to the last minute..
All good publicity (eventually- AFC not mentioned in the article)
https://www.bbc.co.uk/sport/motorsport/55782442
Surely the reverse is true - if you bed and is now you use less of your 20k allowance and have a loss on the trade you can offset against other profits in the trading account? Gl
Umm yes - I suspect there will be some late trades showing up. Our 10m buyer back perhaps?
More important to RRR in the medium term if it unlocks the Mt Ida royalty and Anglo Pacific $8m payment. In the short term still around £111k worth of Juno shares to come to RRR if my fag packet calcs are correct. Can't see any reduction in JMS share price to compensate since the Iron Ore assets have never been priced in and the proposed demerger hasn't seemed to inflate the share price since trailed last year. All helps!
I did indeed - we know there is huge potential in the NE Zone that hasn't yet been tested. Large though the existing already defined resource is, I'd still be loathe to sell CS now without being able to benefit from any expansion (in the long term I know) via a royalty on top of any cash sale. Think long term cash cow - initially paying for on-going exploration/ development elsewhere but down the road offering the prospect of a dividend stream.
I tend to agree on the price - it's worth that and more but a bit of a stretch for the buyer to stup up that much upfront. My preference would, in any case, to go it alone. More profit to us in an environment where I can see both pozzolan and perlite prices only going one way.. That said I'd take say 2p (for CS alone) with hefty royalty thrown in to ensure we benefit from any expansion of the resource and/ or uplift in prices at the gate..