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Deffo JV or buyout by a major, Align and GC are no mugs, expect Align to build up to 10 to 15% holding before news, IMHO we will be at 1.5p to 2p before news as free float getting smaller by the day, remember the huge assets Ironveld have and all premium metals Vanadium, Titanium and Iron
Remember these figures posted a month ago ?
Recognised valuation of in the ground resources is 10% .
1)))))JORC proven
1.6 bill lbs vanadium @ $7.1 = $11.36bill ---£8.52bill GBP ---- 10%---£852 MILLION
32 mill tonnes of high grade iron @ $149.6prr tonne= $4.79bill---£3.58bill---10%---£358MILLION
9 mill tonnes titanium @ $6.5per kg --- $53bill---- £39.6 bill --- 10% ---£3.96BILLION
((Excluding 80 million tonnes of magnetite ore ))
My calculations of 10% of asset value is a staggering £5.17BILLION gbp .(.Now out of date as values gone up )
You could be spot on Aberdeenman, over $100bn in the ground highly sort after assets, Vanadium, Titanium and Iron, we should be sitting at 4 to 5p before news.
Come on Ironveld let's see some big price actions
Nothing wrong with your own opinion but it has no substance as lots have changed, the prices of the 3 valuable metals are very high and still increasing so that Ironvelds assets are much more appealing now and the need for these metals are much.more more than 8 years ago.
Quite simple really
That's a dramatic statement and pretty inaccurate as Giles Clark is in negotiations with interested parties and possible financers, news could come at a drop of a hat, life changing news for some, 5p could happen instantly, look at the figures here for the highly sort after metal Vanadium, Titanium and Iron, only an idiot would write this off or say no news for 6 months IMHO