George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
We’re responsible for nearly 25% of all shipments from santana so far this year…
(i was under the impression that Gerard’s ore was at the mine and needed the railroad up and running before we could start to ship theirs for them bannor?… charging them market rates to rail it to port…)
Simples… i just read the last emh rns… https://www.lse.co.uk/rns/KDNC/corporate-update-22683648220-european-metals-holdings-2mo5k249x1r9awg.html …
🚀
https://tradingeconomics.com/commodity/iron-ore%20%E2%80%A6 …
Are we there yet…
https://tradingeconomics.com/commodity/iron-ore …
No guessing on my part… the net value of the stockpiles was reported to us on page 10 of a previous investors presentation… so that would be the target value there or thereabouts… just a pity we weren’t able to significantly better that when ore prices last peaked…
I wouldn’t be sure about that… the ‘for sale’ price at this time must be higher than the fair value that has been demonstrated by the pfs… the risk profile for amapá being somewhat different to a brand new greenfield project that’s never been proven in operation before… even more so now it’s all been boxed up with a dfs and refurbishment contractor ready to go…
pfs $978m - 84.2% discount = $154.52m…
i’d agree that it does make sense to develop it through to bfs though and take the 3x premium that comes with that next level of de-risking the project…
bfs $978m* - 55.0% discount = $440.10m…
Mm’s are overindulging a bit with the Christmas spread here this year… (15.556%)… 🤮
hopefully that will improve next year too…
https://youtu.be/CjScNlQ51kA?si=KXWCTW0IbD-tElqN …
Sounds like buying out the banks and funding the dfs will be packaged up into the one farm in deal to me… the former probably funding the latter from the net profits on the stockpile sales… c’mon 🎅🏻 … cheer us up before i slash my wrists…