Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Utter muppett only rivaled by Neil Ritson
Mozax,
That is incorrect, they have done 60km of definition drilling.
What does it matter, 40% of nothing is nowt.
TDT,
Don't think for one moment I am happy with their performance, my 200k at 101p will testify to that. However, I cannot complain about the exercise of options, that was always going to happen. If however, they awarded themselves more in the current climate, I would have a few PCR tests and board Air Canada to 'explain' my feelings.
Tricky,
Have to disagree, he is doing what most North American directors do. This is nothing new, they have been visible for years on the balance sheet. There are another four years of these to go so why bleat about it?
I was expecting them yesterday to be honest. I can wait, should have Q3 drilling figures included too.
That's what happens when the CEO constanlty bleats about being fully funded, when in fact he should have been saying fully funded till the next raise.
Thanks Willowman, fair enough. On the face of it it looked like Kerim was doing a Paul Johnson, I don't follow Panther.
It is good but its a bit of a pee take for the panther investors at about 10p thats a heck of a discount.
A billion dollars of profit is just a punt.....
Well my punt is three years from now.
Graking
From the Dec 20 2020 RNS says results will be announced quarterly from underground.
So that either means we have no above ground drilling, it is all underground or as you say nothing outside the ordinary (if 9g/t can be called that).
Trek,
It has more to do with results for Q3 next week I suspect.
Maybe we might even get the new MRE .....
Well done Trek,
Should have done some myself, sat with 190k@ 102 so down a lot, though it pains me I am comfortable with it. Like you believe this is silly value now.
Remember though in November thewre wil lbe director sells (in my view) as a buch more grants are due to expire.
I have also been looking at why the AISC is so high for Q4, it may be to do with the CDE which still requires around three million spend by Jan 1st and a further sixteen next year.
Just need a few more quid to get the 200k even then i may stop....
Roll on 2024
Okay so if there is huge weakness why can I sell shares but it is NT for 1000?
does THAT alter*
If they are for the extra milling/refining gear bought to be paid for by then, no.
However, its what impact that has to the sub 800 AISC figure, does THAST later which of course is for a 12.5 year LOM not 12.5 months.
I am expecting circa 5koz for August all being well.
Ariel, I'm 2 million at 4.24, not a big holding in share count but value lost is years of pay for me.
Believe totally I have the right to hope LC steps down (or dies if that is the only way he will relinquish his desk) as that will cause a rise in SP.
Therefore I truly hope you get a seven figure payout, I may then get back half my loss.
Christo,
For clarity it is the 8 Zone not the 8th zone.
This is not the only source of higher grade. As the mine plan clearly indicates that the first year of mining will result in lower head grade but as we get into year two and three (not in the 8 Zone at that point in time) the grades increase to around 11g/t.
True they have been a little shady in their practice but does not everyone sell on the high (except me underwater in all 15 of mine).
You shouyld also be aware of the pending resource estimate update that will include (or should) Russet, Wedge and the others.
More like in a French supermarket