Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Perhaps that is what Reserch Note (4) would say:
"While TPI derives a £30.7m DCF valuation for Ironveld, which remains over two-and-a-half times the Group’s current market capitalisation, we also acknowledge that, based on the various failed promises over recent years, the wider market has lost all faith in IRONVELD and that we are now working to inject some much needed adrenalin in to a seemingly comatosed share price".
What concerns me is that the wider market is fully of aware of what is happening at IRONVELD and is chosing not to buy in to the story.
It would certianly help if IRONVELD delivered a plain speaking RNS confirming furnace progress, production and revenue. No use of words "imminent" or such like. Just a solid progress report addressing production and financials. I wonder if they can do that? I hope so.
I posted this back in February of last year:
"Simplistic price forecast: 450,000 oz at £1354/oz = £609,300,000Divide that by 3,570,000,000 shares in issue and you get £0.17. Deduct 50% for all in sustaining cash cost for mining and still at 8.5p profit . And that’s the lowest end of forecast of oz’s recoverable just from Olympic. Just need to prove up the asset and away we go, potential mega multi bagger."
And that's just the gold which is now at £1574/oz, 14% higher....
Some people saying 2p... I think potentially a lot higher....
You couldn’t make this up:
https://www.fool.co.uk/2023/08/31/is-the-kodal-minerals-share-price-headed-for-a-fall/
@mrtriumph
Have you seen the progress in longhaul ev trucking?
https://www.dhl.com/global-en/home/press/press-archive/2022/dpdhl-group-and-volvo-trucks-kick-off-new-zero-emission-cooperation-with-order-for-up-to-44-electric-trucks.html
Https://www.sec.gov/ix?doc=/Archives/edgar/data/1657045/000149315223029687/form10-q.htm
Https://www.reuters.com/world/africa/france-start-evacuation-operations-niger-soon-report-french-media-2023-08-01/
This doesn’t look good. Hindsight is painful. Wish I had sold just over two months ago to liquidate my significant profit and only hold my original stake for the long term. Hey Ho. Sit tight. The ride is likely going to get very bumpy.
@maestro
I’ve been called somethings in my life but never a troll! I can see how it could be quite amusing to carry on this conversation but I don’t want to enable posters trying to make and win arguments by throwing insults. It deflects from the real issues. It’s also a good reminder that no one knows who posters are nor their motivations, intelligence and knowledge.
Have a good day y’all. Kept believing whatever you choose to believe!
As I replied to @ratt, our views here are irrelevant.
I don’t have my head in the sand. Kodal is in the “high risk” part of my portfolio. I sincerely hope all comes good but I am more then prepared for it to tank. That’s a risk I’m prepared to take with a small percentage, overall, of my investments.
@ratt
Nothing, absolutely nothing, on this board influences the share price.
This is just a random board full of random posters.
Because someone has a contrary view to the eternal optimists doesn’t mean they are de-ramping (or “bashing” as it’s historically known). It’s just a view. Too many sensitive folk on this board who don’t enter into debate, just throw out lazy insults which doesn’t strengthen their argument. In fact the opposite is true. It weakens their argument.
@sharespy1
That’s actually very funny!
I’m balls deep in Kodal but also pragmatic about it.
Try to lessen the personal, and focus on the factual. It will give your comments some value if you do. Cut the personal swipes, open your mind, listen to award winning journalists, and then make comment on that.
The News Agents:
“ Later, we ask what's happening in Niger? As a military coup in one of the world's poorest countries leaves it wide open to Russian mercenary influence. We talk to journalist and geopolitical expert Tim Marshall”.
https://open.spotify.com/episode/0N45lAaYY8VFgmg0ZblK5a?si=NqeWx1XVT_-mflutpt7nDQ
Al Jazeera News
https://www.aljazeera.com/news/2023/7/24/rights-group-says-mali-army-foreign-fighters-executed-civilians
News24 re Wagner in Africa
https://www.news24.com/news24/africa/news/wagner-group-in-africa-resource-plunder-human-rights-abuses-and-state-capture-20230629
@maestro
I don’t drink :-)
You seem to have misinterpreted my post.
I did not say, and do not want, the Chinese to bail.
Maybe some on this board could expand their minds by reading this: https://kletische.com/attack-person-behind-opinion/
@bumpimgalong
I think IRON is very different. Multiple failed attempts to deliver announced funding. Think the market has no faith whatsoever in the management. It won’t rise on potential and speculation but on rock-solid, unambiguous production figures and revenue figures - every RNS so far has so much fluff, and don’t even mention the embarrassing “big” interview and Q&A session between CEO Martin Eales and there PR muppets. A 4-year old could have done better with an iPhone.
Rant over from a very frustrated LTH.
That aside, one has to be pragmatic about KOD. There is risk to the deal going through.
I’m starting to see Chinese companies doing paper deals to invest in or take over mines, pay (in the big scale of things) a small deposit of a few $m, only then to sit on that agreement for months on end and not complete.
Trying to work out why they would do that: control of the market, limiting supply, maintaining high $/tonne prices….
Who knows. I guess all will become clear over the next month. Boom or bust!