Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Agree with you LewisWinthorpe re the management team.
They are doing everything they can to avoid dilution including grant funding, strategic partnerships and focusing on one thing at a time.
In other hands, we'd have seen capital raises to progress Nkalonje, more for rutile, another few million to look at our Uranium, etc etc. I like the focus as it is.
Newtofo - after more than a decade of waiting I can almost taste the anxiety. You're not alone I assure you.
I'm already planning to watch the US Open to it's conclusion at around 4am Monday morning, although really I'm just hoping for a TBN release on ASX.
Next moves will depend on the numbers. I'm sure when we get them the levels of 'what next' speculation will be off the scale.
Best wishes to all who have stuck with it.
'Newcrest has the potential to earn an additional 24% joint venture interest through
expenditure of a further A$17 million by October 2024.'
Seems possible that they'll now be doing this although the mixed messages over the last couple of years have been confusing to say the least.
Playing down Hav potential; not wanting to pay peanuts for the additional 5% but now seemingly keen to manage Juri, despite having a more negative interpretation of the Blackhills results than GGP.
It's all very interesting, particularly with the additional 'corporate tension' in the mix with Rio (who are happy to be recompensed in GGP shares). Fun times ahead
Not sure I agree that any funds raised will have to be at a discount.
Firstly, there may not be a raise at all on ASX listing - we simply don't know yet.
ASX listing is still maybe 3 months away - plenty can happen between now and then.
If there was a raise and it was for an asset purchase then the price of the raise would be affected by the perceived / actual value of the asset.
It's nonsense at this stage to say any funds raised must be at a discount
I note on Page 5 the 'potential' use of Telfer plant.
Has this term been used on previous presentations or is the potential just part of the massive game of chess currently being played out.
Seems to suggest that we might use Telfer plant or we might not, dependent upon a zillion possible outcomes.
It's nice that things are beginning to get exciting again
Question from a gas flaring simpleton.
Would there be any point, at all, of installing production tubing at great cost if you believed that the gas flow you hoped for simply wasn't there?
I assumed they proceeded to this step because all the data post frack was positive?
Not stressed yet!
Great news today and COPL can continue planning ongoing works now with confidence.
It was mentioned at the Wyoming hearing that the snow should start thawing in around a month so not sure if any digging for replacement gas pipelines will happen until then. Hopefully the sage grouse will find somewhere else to breed this year as well - I don't know if they're partial to snow.
Plenty of work to be getting on with in the meantime - having the cash and the support that goes with it will be invaluable.
As has been said many times, news on JV / RBL can drop anytime. Eventually it will and we can all enjoy people drawing pictures of rockets and saying things like 'boom.'
For those that have been holding / adding for gi***ears, a bit of up and down in the SP is nothing to be concerned about. We're almost immune by now.
With respect to newtofo, I think news in the next couple of weeks is hopeful. Guidance was pretty clear - 2/3 weeks frack; up to 4 weeks clean up; 28 days flow rates. That would put us end April at the earliest. Anything before then, if positive, would be welcome but I'm not expecting it.
We've had plenty of potential share price triggers over the years - I'm happy to wait for (hopefully) a real one this time.
Best Regards
Australia’s Newcrest Mining and suitor Newmont Corp have agreed terms for a round of early-stage takeover talks, ending a four-week standoff that threatened to spoil a potential $20 billion-plus deal.
It is understood Denver-based Newmont settled on the all-important non-disclosure and standstill agreements in recent days, paving the way for the two groups to meet for the first time since Newcrest rejected a $22.4 billion takeover offer.
Whilst its usually nice to have news on progress I wasn't expecting anything until late April / early May.
Guidance was 2-3 weeks fracking, up to 4 weeks clean up, then 30 days for the flow rates.
I wasn't particularly nervous about flow rate - at least until newtofo mentioned it! POQ was keen to stress 3mm cu.ft/day as commercial; JR as ever bullish expecting 5.
Thank god for Cheltenham Festival to help pass the time.
Brel, you're spot on with regards to the ludicrous chat about removing AM and the BOD. Utter madness, as if the senior lender is going to back that nonsense!
AM contacts got us Wyoming, AM contacts got us the approach from a potential JV partner. Some may not like his style but the guy knows this business inside out and is more than capable of delivering.
You only need to watch the presentation to the Wyoming O & G commission to see that this is a professionally run outfit.
We know what news is due - everything else; cashflow, going concern nonsense, the lesser or never spotted sage grouse, bit of snow, steel pipe, the pathetic entreaties to AM here to 'please tell us something.' It's all just noise.
I'm focused on the CONFIRMED discovery and who wants in. Everything else will take care of itself in time.
Some people need to remember what they're invested in - it's a massive oilfield in out in Wyoming with all the challenges that entails, not a bloody corner shop.
Apologies for getting a bit ranty but jeez.
As always, best of luck to the investors here.