Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
To be honest I hadn’t looked at coal prices for a while and the drop is going to affect the bottom line therefore the SP, once again hopefully a bounce will be coming, but I do seem to be using ‘hopefully’ more and more.
Last RNS was disappointing, news due is not news arrived and most of news suggested is in previous RNS, good funding news would be helpful, hold tight and ride it out while news flow improves is my hope, I do expect a bounce when everything gets into full flow and hopefully the bottom isn’t any or much lower.
Agree would be a welcome bonus to be keep in the loop either by RNS or MC MINING own website, could also be a bit frustrating given time for the CPP design to be finished.
I would gladly take Q2 2025 to see some substantial income being produced by Makhado. Time will tell.
DP69, 10p in near future and now veiled threats, In moderation a few now and again is ok. IMO
The small words within the report should move us forward more than the results, Vale started 22nd December on a 5 year program so income insignificant for the time allowed. The overseas income hopefully may turn heads, it’s going forward though where the money is generated, looking forward to it, makes a change from thinking the game is up.
With a income coming in from Vele and a overseas sales agreement a low payback time we should be capable of mining Makhado individually.
As I understand the offtake agreement with AM stood in principle until needed, but that was many moons ago, splitting a mine into two operations cost wise could be tricky. It possible, lots of options here.
With GSP if movement will probably hear about it first in the labour wanted adverts like Vele.
I believe everything that women says, I didnt get the information from the BBC and certainly not from her.
excess deaths in the run-up to Christmas were a fifth more than the five-year average. Slightly less than 5x more
Recent events have greatly improved the position here, the new board are moving forward and the additional involvement of Ontiretse Senosi is good for us short term at least, not sure of his plans long term if it will involve cherry picking to his advantage.
That said coal price drop is a bit of a concern although still in front of years gone past and I would imagine a bit of wiggle room still to be had before it becomes a major problem like in the past, quarter report will be a interesting read, see if we can finally turn a profit, fingers crossed, untill then after a good trading period for me on the recent rise now more shares,less average and still some to invest if I see fit which makes a welcome change.
Watching from afar, hid behind the settee, seriously did anyone expect anything else today, waiting on China.Fullstop.