Member Info for Sumoskier

17m, is this the end?

I wouldn’t expect too much out of Roan for the quarter. Sounds like load shedding has been pretty disruptive. It should be a base to build on though now we have secured power.

Although the seller has completely stuffed the SP, in some respects they may have actually been of benefit because it might have stopped the endless dilution? Cash and debt could be the preferred way forward. We just need the seller to end and promises to be turned into actual delivery.

Looks like they’re out early today! A few 250k going through!

Based on today’s podcast looks like two hubs in place and a number of spokes are next? Once the on site concentrator is in place things can move very quickly?

Project G-cash not shares! What a surprise!

Only if JLP are really generating proper FCF?

Forgot to mention IRH wouldn’t be our Capex either!

Interesting comments on the IRH deal. To clear the waste rock in 30 years is going to take a lot more than 4 processors, also a lot of contained copper in that deal alone.

Hopefully a few weeks for Q1 production, not expecting much in Copper!

He never does! Politician talking!

Edzi, I wouldn’t listen to the Roast for real information. They usually talk b**llocks. Pound of salt not pinch on that one! Regards Sumo

I would be interested in whether sentiment changes if project G is announced with either cash or a significant tie-in period on shares together with a higher Copper forecast?

It’ll be interesting how many shares they’re going to issue to get to the 25k tons? At the current rate we’ll probably get the production and still be at 5p through dilution!

I’m thinking we’re only going to see a real move north with quarterly production numbers showing increasing volume as facilities come online?

Nelson, completely agree. With such a long term downtrend and the risk of further placings to buy feed I think the SP will only start to retrend on financials. Possibly a year away?

Personally I’m just glad we didn’t end red! Makes a change!

If Leon is on the Roast then he will obviously be given an easy ride. Whatever he says the market doesn’t believe the story. He needs to start producing cash and not issuing shares! He needs to start generating margin and not hot air!

Debt is the obvious way forward so you know what way they’ll jump!

Hawkander, Welcome to NeverNever land!