Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Folks
I have been keeping an eye on the 400,000 trades today. Only one was tagged as a buy and nine were released at various times through the day to show as sell (acccording to the direction on the EUA website latest trades). The cynic in me wants to believe that these 400,000 transactions are connected. Why would the MM's drip feed a large sale? Wouldn't they benefit by letting a true sale all go at once to drop the SP? Smoke and mirrors possibly?
GLA
Aandi
The following has been lifted from the shareholders questions from the AGM
"1. West Kytlim Progress
As announced, our 4 PGM and gold mine at West Kytlim has been running well without contractors and without any Covid cases. The machinery used was new and from well-regarded OEMs. Production is ongoing and we continue to make shipments of concentrate containing platinum, palladium, iridium, rhodium and gold to the refinery.
A more complete update as well as an outline of capacity increases will follow via RNSs.
Upgrade of resources to mineable status is being progressed through Definitive Feasibility Study commissioned to GIP (see RNS 18 August 2020). This combined with the award of the 24.5km2 Tipil license adjacent the mine ensures a sustainable long-term low cost PGM resource for the future".
From the above it looks as though there are a minimum 2nr RNS to come.
GLA
Yes I am also looking forward to it.
Someone raised a point recently that I had not considered previously in relation to allowing electronic voting. If that gets it's backing it should make any EGM easier to navigate in these times of no more than six, (supposing we need to vote of course).
Fingers crossed for you being proven wrong..... in the most profitable of ways.
Morning all
If anyone has any "burning questions" similar to the one posed by Anders can I suggest you get them in to the company. They did mention in the AGM announcement RNS that they would post answers to questions due to shareholders not being allowed to attend in person.
These are some questions that I have posed that we may (or may not) get answers to.
"I would like to forward a couple of questions for consideration as suggested in the RNS of 27th August relating to the company AGM if I may.
These questions relate to progress at West Kytlim. Whilst I appreciate there are NDA’s in place with company’s who have registered an interest in the assets of the company, I am not aware to the extent of them and I do hope that you will be in a position to offer answers.
Would you please provide responses to:-
What are the amounts of individual PGM’s extracted and processed at West Kytlim to date in 2020?
What revenue has been received for the amounts listed above?
Are the above items in line with company expectations, please state if they are lower, target, or above target?
Have there been any other finds at West Kytlim that will accrue value? Other than PGM’s.
If there have been any other finds what revenue have they contributed?
When do you expect the winter weather to have an adverse impact on production at West Kytlim?"
They did as kfor questions to be in a couple of days before the AGM and as they say "if you don't ask you don't get."
Surely can't be too long now.... GLA