Member Info for sharesmister

Nice bit of analysis in this article on the trading update next week.

https://www.stockopedia.com/content/the-week-ahead-17-21-feb-jet2-miners-banks-1023102/

Hi NewSid, whilst I agree with the broken market the shares are trading down nearly 50% over the past year, compared to a less than 10% fall in profits. I think the worst is over here, a first step in the right direction. The order book size and contract moving into H1 2025 point to a potential 'Ahead of expectations' next year.

Nice order backlog and optimistic outlook for 2025 should calm some nerves. EPS to be ahead of 2024.

Trading update tomorrow. Could beat the lower estimates, given the strength of the dollar over the last few months. It will be interesting to see how the company plans to deploy excess capital moving forward. I'm optimistic about the outlook for 2025.

Given that the recent trading results from Next, Zara and Zalando were all extremely positive, it bodes well for what might come tomorrow.

Stockopedia is definitely worth a try JoeyWunna. Tullow's StockRank is one of the highest in the oil and gas sector in the UK, at 87.

Here's the link to the video if anyone missed it.

https://www.proactiveinvestors.co.uk/companies/news/1023152/shanta-gold-ceo-says-life-is-good-at-shanta-ahead-of-planned-handover-1023152.html

Some very good points there Adw198. Funding might prove a stumbling block. However, given DOID's recent share price performance (hit year lows earlier this week), the company might be under pressure from shareholders for an acquisition that could turn around the company's near-term fortunes (BKM definitely ticks the box in this case). It doesn't look like their recent Australia coking coal acquisition has appealed to shareholders.

DOID could complete the purchase of all remaining share capital, and then independently seek funding to accelerate the development timeline of BKM. This would make sure that the company doesn't have to rely on relatively small partner such as ourselves, that might not have the same level of resources available. It also means DOID retains 100% of the benefits in an incredibly strong copper price environment. We've proven up enough of BKM and BKZ now for the company to get a good idea of what it's getting itself into.

Given the strong fundamental backdrop for base and precious metals right now and potentially the next decade, plenty of majors will be looking to purchase high quality assets. DOID must also realise this and the competition that may be lurking in the background. Our valuation won't remain at this level for long.

If you look at this from DOID's perspective, given the recent drilling results at BKZ, the potential for multiple open pits to be mined from a centralised mining infrastructure, and its current 15% stake in Asiament, there is potentially a more interesting route for it to take.

I personally believe that DOID is finalising its due dilligence and getting its finances in order to prepare an offer for the company. Given the potential size of Beutong (2.4 million tonnes of copper), and Asiamet's current share price, it makes more financial sense.

Why pay $50 million for half of KSK when just under $150 million could buy you the entirety of KSK and Beutong? An offer may take a bit longer than the 90 days, but hopefully, it could be worth waiting for.

Just my 2 cents!

I believe that we may hear something about the Volchentundra license as well. The Rosgeo JV came out of nowhere, and I'm sure the board will have been considering all assets surrounding MT, especially those in which it has already carried out exploration work & due dilligence in the past. The final pieces of the jigsaw may prove to be the WK flanks & Volchentundra license, before the final big reveal.

Interesting to see that Kaz Minerals has seen its initial takeover offer rise from 640p per share in October to 869p per share today.

https://www.cityam.com/kaz-minerals-boss-raises-take-private-bid-to-4-1bn/

I imagine a lot of the same is going on in the background, although we don't have a clue because of the NDAs at Monchetundra. Copper prices have risen steadily since October, but with Palladium reaching $2600 again our PGM basket has outperformed.

Any further length in the process at this point is likely down to significantly higher revised offers, especially if they are coming from bidders that experiencing on-going mining issues.

Hi Ian,

Could you put me down for 19th December please? I think we'll get the DFS & confirmation of recommended cash offer for the full company bundled together. If it was only Moncehtundra being sold, I don't think it would have taken this long. Surging platinum & rhodium prices make West Kytlim a very attractive asset to own as well.

Thanks and GLA!

"The Definitive Feasibility Study (DFS) commissioned to GIP (designed to upgrade all resources identified on the West Kytlim mining license to mineable categories) has now been submitted for approval to Rosnedra (Russian state agency for subsoil use) in Moscow. Assigning all resources to mineable categories removes the bottleneck in the permitting process, which had restricted building out the mine to full capacity and is designed to improve the project's development and value. On approval West Kytlim will contain the largest soft rock PGM resource globally. The DFS will allow concurrent mining of several areas, which is expected to increase production while also eliminating single asset risk. The Company has sufficient funds to launch mining at several pits at once. More updates will be provided regarding the DFS in due course."

From the interims at the end of September, surely can't be too far off from the final DFS approval now. Would love to see an update on the rhodium we have in the ground in addition to all the palladium, platinum, iridium and gold!

Hi js1990,

If you take a look at page 19 on the investor presentation (https://www.eurasiamining.co.uk/investors/presentations) you will see the total target resource in the license area (after flanks approval) is 22.6Moz. If you add the total resource in the Monchegorsky region you're looking at an additional 17.7Moz, which is where the 40Moz figure comes from.

The resource is 64% Palladium, the rest Platinum, so if we take current Palladium prices per ounce $2325 and multiply this by 14.5Moz + Plaintum at $950 per ounce multiplied by 8.1Moz = $41.4 billion in situ value for MT alone.

Well spotted by Frances Clarke on Twitter, NN managed to expand their syndicate facility agreement to $4.15 billion in Feb this year. They will have no issues paying top dollar for a top-class asset like MT.

https://twitter.com/Fran115MW/status/1323678082750959618

It looks like you can no longer go short on IG either.

Hi all, hope you are enjoying your weekend roasts & rums! This is my first post on here, I've been doing some research into REE's in the Kola Peninsula and I think the potential of this has been underestimated by the market. I've attached some links below for anyone interested in doing some more reading, but the Kola Peninsula seems to be an extraordinarily unique resource-rich region, with more or less everything a mining giant would ever want!

https://mrdata.usgs.gov/ree/show-ree.php?rec_id=202
https://www.researchgate.net/publication/240793855_Rare_earth_elements_in_rocks_and_minerals_from_alkaline_plutons_of_the_Kola_Peninsula_NW_Russia_as_indicators_of_alkaline_magma_evolution

A world-class PGM asset, which also contains plenty of base metals & critical Rare Earth Elements could lead to an offer price that beats most of our expectations. GLA, fingers crossed for an announcement next week!

Brilliant AGM thread from Tay on Twitter, summarising some key points from yesterday.

https://twitter.com/TaylorQuant/status/1311206474807476224

I've found IG to be excellent for order execution and spreads. Dealing fees are also quite minimal on the platform. Never been with HL but have had issues with other brokers, IG support is also very good.

Fantastic news on the NPT government contract. Can definitely see this being rolled out across airports in the coming weeks! Just also wanted to add that this has really been one of the most informative boards I have come across. So a big thank you to all for the excellent research and continued contributions. Looking forward to tomorrow! GLA