Member Info for steven49

Markets disconnected at moment, real bear market affecting all stocks

Wow big pull back, lot these may be traders in out, not sure markets buying into this yet, get feeling grosvenor may not see deal through, align come up with back up plan, but need see more clarity this will go through too, there in deep so very much in there interest too see this into production. Just hope not going be another long spell of no updates,

Continues buy but share price drifts, quite clearly markets not convinced.

Asume that's ppc broker, find these targets r wast time, not sure how it comes to get price 4.5p, no doubt ppc is under valued,

Ironveld retains deal exclusivity until 19 August 2022 (the "Exclusivity Period"); SO COULD DRAG ON 4 WHILE Yet b4 final confirmation of deal, im assuming grovesnor funding from banks institutions ect appear be fatering, just go 4 aligns deal looks better, looks more certain now of deal happening, producing by Sept 22 and making serious money next year, easy 1.5p this year if deal can be done and into production next year 3p plus,

Takes away lot risk now all no still much work too do behind scenes, asume align have this back up funding agreed

Massive move down in gas prices today not helping

Then it is align, puts pressure on grovesnor too come up with finance, overall looks positive too me, 5 million pound at 1.25p, align much more up on what's going on, in dialog with M E,

7.91% align in there interest too support ironveld as there in deep.

Company has received indicative proposals from existing shareholders holding approximately 9.0 per cent. of the issued share capital willing to subscribe for their pro rata holding ("hold their corner") in an alternative equity fundraising of up to £5.0 million at a price of up to 1.25p per new ordinary share and an offer of alternative loan capital.

Mining of ore can commence within six weeks of completion of the Acquisition and ore will be stockpiled at the smelter complex whilst the furnace refurbishment is taking place.

R all these shares locked in and 4 how long, my u derstanding only 546,000,000 Ordinary Shares at a price of 1.2 pence per Ordinary Share r locked in, and gas mid June.

When's this company going turn profit, and cash burns high, results soon end March give indication of financial position

I'd worry more about when tantulam mine up and running, lithium side show at mo

Nothing else too go on apart from interview back last year from M E and few statements saying soon, all we can do is guess at what's going on and reason why hold up. Some1 took advantage of rise too off load, suspense goes on. Lol

Do u homework, loan 200000 pounds from Jan max draw down 60000,depending on draw down could c them into June, must of done there homework of when this deal will be signed b4 loan agreed, if deal was off table feel would have pulled out by now, again guess wotk but 4 me update coming hopefully positive outcome anytime now.

Let's wait final results end Dec, will give clue too cash burn,financial position, and revenue coming in, will determine what way price goes,

Team they sponsor just stay up

Markets taking everything down at moment, real down trend at moment,world resession looming, great sector this company oil gas both gas oil prices high, cash rolling in and atome in green energy potential multi bag in time once markets recover my views.no volume lately all no seller off loaded again today.

Problem is with cgo they have not delivered as promised back in 2020 21, underestimated task, not yet reached cashflow and profitability, still think with in reach of company to achieve, off takes agreements ect possible june all play 4,dont c no placing coming yet