Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
COVID has affected my memory of years too but 6.5p was about 4 years ago.
You'll make money when they sell the asset, I'm hoping for sometime in 2022 but no one can tell you for sure.
If you want XTR to be mining the copper then you'd be waiting a long time.
I charge my car from tesco pod point (free!) and they say on there 100% renewable energy (haven't looked into how true this is, it's VW so they have stretched the truth before) The exciting future though is that the car becomes an extra battery for the house (Nissan can do this) and so you can load balance the grid, this along with solar on houses could create a huge power station network through our own houses and batteries. If XTR ever hits 25p that's going on my house renovation which will include air source heatpump, battery and solar panels (well I'll actually need 40p but it will certainly help me on my way!)
I think batteries will win for the car market but there are certainly +/- to hydrogen instead, hydrogen production is almost never green though.
If you don't make out that you are a martyr "I was attacked on here as a deramper the other day for daring to consider the correlation between higher CU prices and the search for alternatives." It will make discussing points raised a lot less emotive.
It's not an attack it's just a simple disagreement, I don't believe there is an alternative to copper and certainly not one that could be developed within the next 20 years. What will change though in cars is they will work as hard as possible to cut down the amount needed, both for cost and efficiency. Plumbers might also have to let go of copper (they really don't want to!) Demand in my opinion will increase and haven't seen a good argument to counter that.
Hydrogen might be used because of battery storage weights in demanding transport such as lorries, ships etc, this isn't going to affect consumer cars and doesn't move anything away from electrification, these hydrogen options are powering electric motors not old combustion engines . There isn't a better alternative to copper, it's pretty simple science (aluminium isn't up to the task, other options are more expensive/heavy)
3card, you don't really post about the share you post about other posters which really doesn't add much to the knowledge here. You also inaccurately reference posters, I'm pretty sure (I did ask at the time) you claimed I had said the value could be £3billion by completely misreading my comment, I never even remotely suggested as such.
Discussion is not arguing, if you (one) is prepared to write something in public then they would normally be prepared to discuss it, you are making it sound like this is your personal diary entry.
It's not an argument, it's a conversation.
You couldn't really get more news coming up over the next few months taking us to the start of 2022, it's been and will continue to be a regular stream of information so there will be lots of opinions and conversations about those.
Ramping/de-ramping the SP here so obviously has no affect on the SP but it can affect individual's choices so it's good to be clear and to clarify points made so that they can be questioned or accepted.
"prove up a 2 million ton contained copper JORC. As I've posted before, anything above that figure is not going to be of much value or interest certainly to me."
I remember you posting this before, why do you think that above 2mt doesn't add value? Surely it's the opposite and that it will add value above a linear line rather than below it.
To add that would be equivalent to 45p share price as number of shares is calculated to be 1 billion by the time it gets there at the moment (not sure if that's risen slightly or if the extra 8p options were already included in that)
"£3 billion?. Not while we own the project."
Is this a reference to my post? If so I think you've completely misunderstood the meaning. I'm asking which is more likely, XTR £200m or GGP £3B as they are the same sort % increase from current mkt caps. I'm saying we aren't comparing mkt caps but the potential growth from current base.
£200m for XTR would not be considered a ramp.
This site sucks on mobile, adverts change button positions and layout of page randomly! Anyway before it posted whilst I attempted a line break
"stating the value of our project is many times that of GGP.".
I can't speak for others but it's there upside not the absolute I'm looking at, is GGP going to be £3 billion? Could XTR be £200 million, % rise that's the same outcome (very roughly)
I'm going to try and walk away mentally for a bit because it all sounds almost too good and so I keep adjusting my stages for selling, think I'll try and take stock end of month and not check share price or boards/podcasts until then. You'd have to be looking at 35p+ from how Colin is describing it, life changing. Let's see where we are at end of October. Good luck all
Off topic but on electric cars; only had it a few weeks but it's great, love not filling up at the petrol station, I just plug it into a free charger at tesco a couple of times a week whilst doing the shopping and that's all I need 90% of the time. My ideal situation is parking in tesco for free fuel and no parking charge and walking into town. 400 free miles done so far.