It looks like they have averaged about 480 g/day at WK.........and it looked like the trucks were operating in a slick continual cycle.........the grades must have been abysmal.....I was expecting a huge increase on last year.
IMO.....production figures equals car crash.........very disappointing......also not impressed with Lesego Platinum, or their geographical location.....they seem to be at about the same stage as EUA, but with much more 'difficult to access' resource, in a mining unfriendly zone.
Can't share all the optimism right now.
8 Milestones to get ticked off in the next 11 stock market working days !
....Come on team!
GLA !!
From 3rd Sepember.....@Share_Talk Are in talks with @eurasiamining and we hope to update shortly #EUA #Platinum #Gold #WestKytlim https://twitter.com/Share_Talk/status/1168863280783351809
If they don't get a bloody move on it's all going to be out of date !!
Looks like the first decent bit of news due is the Issue of the draft Gas Storage Agreement this month.......If that's on time, then it will be released within the next twelve working stock market days.
Might be preempted by the EU 1.6Million euros grant money...but that is totally beyond our control.
Hope the equity news release isn't too far behind the draft GSA !
As already said, some other milestones are pure padding....but it will still be very reassuring to see them getting ticked off !!
This will be a different ballgame entirely in a few short months........potential is staggering...........GLA !!!
Previously.....
https://tradingeconomics.com/commodity/palladium
Historically, Palladium reached an all time high of 1620.53 in March of 2019 and a record low of 78 in August of 1991
Palladium US $1623 to buy !!
https://www.dailyrecord.co.uk/news/scottish-news/beast-east-set-return-scotland-20006773
ByRecord Reporter
10:41, 11 SEP 2019UPDATED11:05, 11 SEP 2019
'Scots have been warned the worst winter in decades is around the corner as the Beast from the East is poised to return and the plunge the UK into a big freeze.
Temperatures could hit the lowest levels seen for 30 years, with forecasts suggesting lows of -15C could be recorded in some places.
Freezing spells are expected to last for weeks and we're being advised to prepare for plummeting temperatures when a freezing jet stream sweeps across the UK in January.'
I don't think anyone is going to say that a cold winter is bad news for INFA !
Great news spud.....again serendipity at play......great for INFA......no wonder everyone seems to be making plans for so many LNG projects now......luckily we are very far along the road especially with Islandmagee but also with the FSRU project, where much preliminary work has already been undertaken over the last decade.
Can't wait for our very potent news flow to start rolling !
Good point Tony.
If that was the case then we have probably hit on an absolute no-brainer gem !
Serendipity......right place.....right time.................................perfect !!
Don't think it was environmental concerns here is a link to the comments on the original Environmental Impact Statement.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/599525/PMEL_pmp_add1.pdf
No objections from Marine & Coastguard Agency, Natural England, Ministry of Defence, Marine & Fishing Agency, Environment Agency etc etc and recommendation that the project should go ahead....so I guess the issue must have been finance?
The project is mega, so hope we go ahead after DD!
GLA !!
Hi Tony..... I posted that link (1,120) on 28th July.......but the 64,000 dollar question remains...... why did they pull out at such a late stage...i.e. after the gas agreement was in place?
Would love to know.....can't find any references.......the other anomaly that has been raised by research into the local authority planning site is it seems the planning permission is out of its 3 year date..........but hopefully we will get updates on it all fairly soon when DD completed. I think it must be a goer though if VITOL are interested, they would probably already know the answer as to why the plug was pulled at the time.
Whoops!....screwed up with the quote !!
On second thoughts....... we'd better head east !!!!!!!!! LoL !!!!!!!!!!!!!!!
Setanta....'The problem with RNS's which show delays or which stipulate timing for important events in months to come rather than in the immediate future is that they tend to affect the share price adversely.'
That's very true, AIM investors are an impatient and fickle mixture for sure....but IMO, once the stated deadlines have been stated and are ticked off on or ahead of schedule and it can be seen that the company has consistently hit the targets that they stated, confidence in the company greatly increases as does anticipation of the next target (huge driver of the SP) and the share price impact can be higher than it would have been had the targets not been set in the first place with the news released as and when it happens.
Again...have to state it is my opinion, not claimed fact.
I think all of us that are invested here fully realise the absolute mega-potential of this 'diamond in the rough' and the massive drive, vision and skill of the small dedicated team at the helm........so set the sextant, raise the main sail and head into the setting sun (“The quickest way for anyone to reach the sun and the light of day is not to run west, chasing after the setting sun, but to head east, plunging into the darkness .." ....Gerald Lawson Sittser).
GLA !!
ban4118 picked up on this.....'They’ve finally settled on their equity partner - no mention of debt partner....likely to be Vitol who were happy to offer both.'
IMO it looks like either they forgot to put in checkboxes for agreed terms of debt funding and debt funding agreement executed (unlikely), OR it's absolutely bound to be VITOL (not likely to be), as FID wouldn't be able to go ahead otherwise, without debt funding covered.
But even if it IS VITOL.....I still think they could have/should have put the debt funding checkboxes in place.....to be checked off when achieved.
However, that's small potatoes ........RNS all very positive.........no negatives hinted at at all.
This won't be too distant in the future now .............. ' the deal could bring in up to £65m a year on a “conservative” projection — leaving about £50m in cash after costs.'
Bring it on !
GLA !!
Lazarus.....you are a bit forgetful aren't you?.......you forgot to include these sentences out of the same article.
'Storing gas in salt caverns is a tried-and-tested method — the mineral creates strong walls' ........
....'Its (Infrastrata's) prospects got a boost in June when Vitol, the oil and gas trading giant chaired by Ian Taylor, signed a deal to buy the entire capacity for 12 years, subject to conditions.'......'Terms have not been disclosed but the deal could bring in up to £65m a year on a “conservative” projection — leaving about £50m in cash after costs.'
'InfraStrata’s hard-working management has ambitions to develop infrastructure projects around the world, and there are promising signs. Vitol has said it is keen to partner on more projects, and is reported to have driven InfraStrata’s recent plan to look at developing a liquefied natural gas import terminal off Cumbria.'
...'...... with expert project manager John Wood in place as chief executive and crunch time looming on investment for the Islandmagee project, could it be time to buy?''
Too right it is....very very strong buy.......bring it on !!!
GLA !!!!!
Hi Mike.
What do you think is top of the local wish list regarding where any funding might be spent?
Yes...should be some good news this month that will kick start the SP.......there will be no stopping the swift upward climb once it starts.
Sorry.
I rang Vlad this morning to arrange an appropriate time for a meeting but in initial discussions explained that it would be a total waste of time as he's already leached all tailings in Russia with a mixture of concentrated acid, radioactive sheep droppings and novichok.
Thanks Unknown.....just to demonstrate how seriously I take my newfound role.....I am going to make my first official duty to decree a national holiday as soon as we get the next blockbusting RNS......which I feel in my bones to be very close!
GLA !!