Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Happy with that decision, I was not sure it was right from the start.
I wonder if any of the LVG share holders forward sold their shares in anticipation of purchase result? There may be a scramble to buy them back if so......GLAH
Appreciated Bombay, but this is AIM after all..and anything could and will happen.....but.....what a bloody fantastic patent to hold...GLAH.
“But I don’t understand why that would happen”.......Bombay.....do you know how many coal power plants there are in China alone....never mind the rest of the world......how many more coal power plants will there be built in Africa in the near term???...IMO....this technology and patent could be huge....GLAH
SofAG....can’t put up with anymore of your bashing....it’s the green coffin for you.
Great find JEZZAC....loads of insight into what to expect....GLAH
Nosey today aren’t we bcl....maybe you should be more interested in what he knows more than you....;-)
Nice one womble.....what with you,aerial and Dave, I am lucky to pick any up ;-))))))
GL mate....you deserve a good run with your patience.
......just snaffled another mill.....looks too cheap.....GLAH
Well....the one good thing to come out of this is......the gap is now closed :-)))))))
Not even sure Gold is the place to be invested despite the endless printing of money. RU taking the P I $ $......
You could well be right and I am glad to be here as well; one thing that I think we can all agree on in this current environment is...pm’s and PGM’s are the place to be.....experts are calling gold at $3000+...bring it on....DYOR
Keep an eye on EEE....some good results so far IMO....always DYOR.
Thanks for nothing Itisallagame but close the green coffin lid on your way out; oh and mind the gap just under that 10p......
Amur will not get to production as this will be valued and sold EUA style well before then......get your Nickel tickets while you can.....GLA
Interesting that Kibo have appointed Mr. Christiaan (Chris) Schutte to the board with his wealth of experience especially:
His more recent experience includes three years at South African sugar company Tongaat Hulett (2012 -2015) where he led the development of a bagasse fired power station. At the same time, he served as Non-Executive Director on AIM listed Ncondezi Energy Limited. He joined Ncondezi Energy Limited on a full-time basis from 2015 to 2017 where he served as Executive director on the Board as well as COO of the company. He re-joined Ncondezi in 2019 as COO.
Maybe it is my mind playing games with me, but does anyone else think that he has been introduced to take Louis Coetzee's place? LC would stand down as he would have KAT and probably the newly soon to be formed MED to keep him busy.
If this was to transpire, what effect would it have on our lowly share price?
RU sure about that JB?
Nickel is used in stainless steel and in electric vehicle batteries
Tesla Inc -
A drop in nickel output from major mining projects in the Philippines has helped cut Chinese nickel inventories down to two year lows and, in the process, helped to drive prices up to nine month highs.
Nickel as a metal has struggled to gain traction in the market this summer as uncertainties around stainless steel demand from China have thus far kept a lid on the price.
Even a surprising intervention from Tesla (NASDAQ:TSLA) chief Elon Musk last month failed to light a fire under the price.
But if the Chinese are growing short of it, that could make all the difference in the near term. The price moved up to US$6.74 per pound this week, a long way above the lows hit in March of around US$5.00.
Global mined nickel fell 7.7% in June compared to the amount mined in the corresponding month last year, according to the International Nickel Study Group, which monitors the markets.
That production rate still marks a significant improvement from the sharp comparative falls witnessed in the market in April and May. Nevertheless, year-to-date production has fallen by more than 10% to 1.1 million tonnes as coronavirus shut-downs have come into effect.
Production from the Philippines is down by 28%, production from Canada is down by 19%, and production from Indonesia by 11%.
And, at the same time, as Chinese stimulus money continues to filter through into new infrastructure spending, demand could rise significantly. It’s that potential tightening of the market that’s beginning to move the price, underpinned by longer-term hopes for demand such as that highlighted by Mr Musk.
The lithium ion batteries that go into Tesla cars are actually primarily composed of nickel, to the point that each Model 3 contains around 30 kilogrammes of the metal. It in the nickel that the energy is actually stored, and the more nickel a battery contains, the higher the energy density of the battery.
Musk is keen to see nickel mined in a sustainable and ethical way, and has allowed something of a spotlight to be shone on waste-dumping techniques employed in Indonesia and elsewhere.
It also allows newer entrants into the market an opportunity to shine. Shares in Horizonte Minerals (LON:HZM), for example, have strengthened in recent weeks as the company has moved towards financing a new mine in Brazil. Other companies that could also benefit from significant re-ratings on the back of a renewed strength of the nickel price include like Amur Minerals (LON:AMC), Corcel (LON:CRCL), Spruce Ridge Resources (CVE:SHL), Canada Nickel Corporation (CVE:CNC), ALX Resources (CVE:AL), Midland Exploration (CVE:MD), Talon Metals (TSE:TLO)(US-OTC:TLOFF), and Palladium One Mining (CVE:PDM).
Majors like Rio Tinto (LON:RIO), Glencore (LON:GLEN), Vale (NYSE:VALE) and Norilsk (MCX:GMKN) are already well ensconced in this space, and have recently been showing a renewed appetite to do deals wi
Is this the Sanderson effect? Someone said they were struggling......but how badly?
Why is a 400kv interconnector being routed via Mbeya?
Bored of hearing about Nomads now; what about talking about wash plants......I see there was another put in place at WK, was this an up grade or are we running 2 now.......how much more material should this produce?