Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Those results were inline with expectation, agree with comments about salaries.
$40k loss per quarter is liveable, i just feel for their salaries, things like the PEPR should have been completed in a more timely manner.
I would be interested in explanations on what each exec is doing to warrant their salary, such little apparent movement deserves review.
As per the last 3-4 yrs my money continues to wait.
EV will carry copper producers, sentiment against demand...the outlook is bright
On a separate note, anyone seen the Old Defensible Barracks in Pembroke Dock thats up for sale on rightmove....shame SML SP never delivered I could have bought it...lol
indeed, couldn't resist.....but, glad this is done, possibly a clause on a parties agreement to JV/loan......
Would be nice to see the MC reach the level it was in 2017, couple of pieces of good news and this could run...
@justdandy I would say SMG as an entirty is hard to value due to no control over licence, that said SMG have signed an extension yet this still has a clause to remove SMG at a months notice, yet SMG seem to have a very good relationship with the mine owners, turnover last year was $2.6mil
LC is another difficult asset due to its unproven history, if it start producing copper reliably then it could be a very strong asset, but until then its only worth what someone would pay for it(and it dont seem to have much interest)
Redmoor , again another difficult to value asset due to it requiring significant investment to start producing, yet this ground historically and the work undertaken is considered rich in resources.