Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Stebol,
thanks for this. I was thinking that PFS could be 80-90% written with the rest completed as it comes real time to the authors.
I was trying to imagine what I would want to do if I was Sandeep/NC knowing what we know (and they know so much more). If I think about what Paddy et al have posited that NC want to be considered the Miner of choice so want to behave well but get the best deal available to them without appearing predatory. I understand that GGP must have someone who is party to the drill results as they happen and are analysed. So there's only so much NC can do to alter the way the deal works...
Again, probably just amateur overthinking!
If (and I have no reason to doubt the info) NC are spending what must be big money sending heavy machinery to Hav, are they trying to accelerate the spend to get to the end of the stage and own 70%? Assuming the price will be cheaper at that earlier point does it mean fair market value will be less and even more of a bargain for Sandeep et al?
Or am i over thining this???
Torham
Indeed the skin in the game angle is huge and gives me great confidence.
I have enough in here to keep me watching the SP but low enough not to stress about it. £50k was a year's salary for me and not sure I could sleep at night so I take my hat off to you.
We both know that news is coming, not sure when but sooner rather than later and I'll raise a glass a glass to you and Mrs Z!
Zen, you're cryptic to say the least!
If you're chucking £50k at a time in here you're in a different league from me and I applaud your confidence and cajones!
In all of the excitement over the race to bring Covid drugs to market it's easy to forget our original plans and they for me are as exciting as ever. Here to cure people as much as make some money.
Zen,
I have always been gently amused by your excitement about Faron and as I have posted previously am a hugely supportive holder of Faron, so don't take this in any way a negative question; why all the cloak and dagger stuff all of a sudden? Have I missed something?
As for Oscar and co who have nothing good to say about anyone or anything they can be safely ignored IMO.
7303.82
Yes, great song! Ray Charles version is one of my favourites.
I'm a positive sort of guy, I have a lot to be thankful for and have the luxury of not valuing money over health and happiness. I have been poor so know that money means different things at different times in life. For those struggling just now I have nothing but sympathy, for the rest of us, I think that we should be helping others and being grateful for what we have.
I reckon that BLOE can make a success of West Rustavi and hope I have the gift of time enough to watch it unfold.
Philosophical Friday chat over! ;-)
Good morning all and happy Friday,
Still in peaceful dreams I see
The road leads back to you, yeah...
The bickering and sniping is yet to start most likely, too much to wish for that it would stay that way. The SP seems steady down here for now, with any luck the price will be a bit higher by April. I will continue to hold and trust that we can get the desired value from our Georgia.
Stay safe and well folks.
Torham
JB, the agreement is for 70% if/when they deliver their side of the bargain. They're nowhere near completing that so would in effect be bidding for the rest from where they are now - 40%.
Personally, I can't see it happening at the end of this month. There's lots more drilling, science and economics got to happen before a bid. IMHO
Best wishes Islayman.
Torham
Just before I head out to applaud the heroic efforts of others, was there a conclusion to the Zengah guessing game/puzzle?
Good to see a tick back up today, hopefully the testing is proving up some drugs to help against the virus, especially ours!
Stay well folks,
Torham
Popped in to see if there was some useful info posted today and wish I hadn't bothered.
Instead I found bickering and the usual people venting negatively about a company they are allegedly invested in.
Rather than just arguing why don't the two sides just filter each other?
There can then be two separate boards where people can join in the chat about the exciting prospects for Bids or the chat about how much they dislike the CEO.
Just a thought...
I'm not sure, GH said we are going to drill it ourselves and we have the funds to do so. To me it would make sense to drill a few holes and offer the results up for a JV partner. If someone other than NC were interested then that would put the cat among the pigeons!
Good afternoon all,
I picked up a few more shares today at what is a super cheap price.
Can't pretend to know too much about BTC, why it is fluctuating quite as much over a weekend etc but I do understand profit. ARB are quietly making money at the same time as developing their resources and output. There are not many companies doing that at the moment.
This was always a long term play for me and I can't see the market failing to recognise the cash generation even if they fear BTC.
If the halving does what it has in the past then we'll all be laughing about these prices in the future.
GLA
Torham