Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Very reasonable Wents waiting it out until September. Personally the key will be road construction started as they have stated by July/August, if this does not happen then I'd happily take a hit. Plenty of time between now and then but given all the promises to date and timeframes in place for shipping first quarter next year, none of that will happen without the road being built. Without that road construction starting everything else goes out the window.
We've just had an rns Max as was expected prior to the non discussions that Alien have helped to sponsor. Anymore rns this week, unless it's a buyout at 20x current sp or a JV worth millions then the sp will be crucified.
Some might think that this is diversion tactics to move the focus away from progress on the iron ore and silver at EH. This latest news is positive but let's not forget it's not a game changer and in the short term it might keep the lights on for a while, the only thing that's going to move this is the road being built (according to Max July) and a JV on the ore with first shipment Jan 25. If that doesn't happen then there are major problems and it could be another COPL or Sirius.
I'm not stressing until end August, if no significant positive news by then and no construction work started on the road then happily take a hit and cut my losses. They still have time to pull this together so let's see what happens over the next few weeks and months
@Max I won't go as low as you with your utter nonesense and I certainly do not feel the need to stick my chest out telling ppl I do not know how many shares I have held for over 4 years now. If you think back a few years I told you in advance of a placement you completely dismissed it and then remember what happened the next day, oh yes there was a placement. I think enough said on that for now. You spout the same nonesense about anyone who questions you and the company that they don't own shares. I think even you can put up a better adult argument than that. Give it a go mate you might even gain some respect. Anyway not long to go until you state the road will be constructed was it June July, the clock is ticking, we can revisit this at the end of July.
As always Max you go into panic mode anytime someone isn't as overly excited as you are. Yayay is bang on the money with what they are saying, UFO is absolutely rubbish with communication, putting out stupid tweets and reposting tweets about the price of silver and Iron ore is a complete waste of time, pol see through it all, it's utter nonesense. How about some truths about why we haven't found a half decent CEO which was meant to have happened by let's say end of January, what's happened to that? How about an update on mining licence in an RNS, how about an update on timescales for the road that needs building in an RNS, not a flipping tweet about silver future prices.
Good luck with that one Nap, according to WHI (same crew who calculated UFO fair value) fair value for ARV 5.2p and Upside Valuation 11.2p hope it comes good for you personally I wouldn't put any weight on what WHI have to say after they downgraded UFO fair value from 2.7p to 2.3p despite a little bit of positivity.
Not so sure about $50 an ounce question has to be how flipping high does it have to go before EH is opened or someone comes in and buys it, if big IF, its as good as they say it is. No good being in the ground it needs to be cashed in.
Did someone actually say lots of money coming in here today lmao 🤣 OMG half a dozen trades of over a million shares, lol deffo the clever money is coming, get on board, last chance to buy before the fuse is lit, don't miss the boat, .....can't do it, how anyone can pump and spin this, Max you deserve a medal lad, its too feck#ng much like hard work to spin this
5k is a lot to Max, huge buy. Where I am at the moment 5k will keep a family in a half decent house and pay all the bills for two years. But when it comes to those that gamble on AIM with their pocket change I can't understand why anybody would even think it's worth mentioning.......well not unless they are so far under water and desperate for the sp to rise, plenty of us under water but only one person who thinks a 5k trade is worth a shout 🤣
Thought I would check in from Janjangbureh in the slight hope that there may have been something positive but no. Right I'm off to catch tiger fish, even my boat, with holes isn't sinking as fast as this wreck. Have a nice day y'all. Max get spinning those plates lad.
@Max with all due respect you're sounding like one of those MP's on question time that won't answer the question.
Everyone is aware why EH stopped mining but my question was about a JV being on the table for EH? Is this inside information or more hypothesis.
the below from the last rns.
considering various longer-term financing options, including continued discussions with strategic partners regarding offtake funding, debt, and equity project funding in connection with the han**** project and the pinderi hills pgm, silver and base metals project; and
o actively exploring the potential for the sale or joint venture of non-core assets providing further funding for the company.
yet again some individuals are trying to paint a very optimistic outlook by stating things that are not factual. apologies in advance but which rns clearly states that a jv is on the table for eh? as far as i can see the business is still trying to find a jv partner, it certainly does not state that an offer is on the table and if there was an offer, as this would affect the sp we should know about it.
by stating a jv for eh is on the table and is being considered, could be viewed by some as being extremely misleading. stick to the facts, not interviews, tweets or social media, it's the rns announcements that count and if anybody could show me what i've missed regarding a jv on the table for eh, this would be much appreciated.
And next up let's compare UFO to BHP, or AA. Unbelievable do some ppl not realise that despite these huge figures being thrown around in the billions, if all was so good why hasn't BHP, or AA come along and just bought the lot for 20 million, it's just pocket money to those guys.
Keep spinning but we're in April next week, only 3 months from then until July by when according to some the mining licence will have been granted and a new road will be under construction. Hopefully it will happen but I'm not holding my breath.
Quite a few getting ahead of themselves I'd rather see a very competent CEO, mining licence and work on the road construction perhaps at that point I'll start counting a few chickens rather than just be looking at a eggs. Anyway according to the rose tinted disciples all in place by July. We'll see.