Member Info for Tornadotony

I recall the company is not on the same scale as Rainbow rare especially using the Swedish supply source.

Reetech

Are you from this organisation.

https://www.reetec.no/

China syndrome

On 5th September they delivered a sample of 3kgs, but I have mis-read the later RNS as it made no statement on continued supply of the sulphate processing in the 30 October RNS which was to run for 4 months. It implies the change over to use a carbonate happened sometime in October. I stand corrected on that point. Tony

Https://www.lsegissuerservices.com/spark/Centamin/events/7e02f555-5752-4816-ad8a-cc6070561d9b

Webcast link 08:30

450,000 ounces hit.

https://www.londonstockexchange.com/news-article/CEY/quarterly-report/16293731

Excellent report.

Suddenly I feel like a matador in a 1970's Barcelona bullring. Ole.

40% of Physical gold at Comex goes on its departure travel to Hong Kong.

Kooba that last RNS must have made you very ill. I wonder why you write on this board. Do you have an investment stuck at the all time high here and are left to be a bag holder for the CEO until kingdom come to breakeven or do you work for a competitor company. If not what is the point of complaining all the time to anyone who sees things differently to yourself and wants to see a successful Nanoco outcome in 2025.

Should say January month in previous.

The worse month for gold I have seen in the last 15 years. The excuse today was December sales in what is a Christmas month.

Deserves a buy recommendation imop.

This should get some buys coming through on USA open with any luck. I can smell 15p incoming.

Mhenderson

I hope it was not a big lie.

Tony

Wasarunner

Absolutely correct and the same is happening in rare earth mining companies. China is high grading mines where its companies operate overseas storing up market issues later on. If the HZM lenders can find a way to get through 2024 and H1 2025, they will be a much better place.

If HZM was completing the mine this month as planned, the share price would be nose diving from 130p. Inflation would have found its way into the base cost of operations and HZM would have made losses throughout this year and utilising precious high grade nickel resources. The accrued debt being added with more nickel onto the market could easily have been $100M. The SP in those circumstances would have fallen to 80p. So whatever happened we were getting our butts kicked. However, two years on I would see nickel prices at $22000 plus a tonne as base case recovering $100M overspend.

As for going private, that is quite a commitment for one entity to undertake. I suspect share the risk is a more likely outcome.

The Company is now in the process of setting up its head office in Madrid and will ultimately seek to recruit a suitably qualified Spanish National for the Managing Director and CEO role

The above was the politics that was going on at that previous company.

Stocks came in wobbly this morning, as the bipolar market stance towards Fed rate cuts went bearish again.

This despite the shockingly bad Empire State Manufacturing Index.

And so the Dollar rallied quite handily.

Gold and silver fell.

VIX rose, but fell back in the afternoon as stocks managed to pare most of their losses.

The geopolitical situation is getting increasingly ugly.

Mispriced risks abounding.

It is difficult to take most of the short term moves in the markets too seriously.

Kind of like the results of the lightly participated Iowa caucus which garners attention only because of its early scheduling.

New Hampshire will be significantly more interesting as always.

There will be the monthly stock option expiration on Friday.

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Empire State manufacturing Index was -48%. In the background jobs data was pointing out a loss of 100,000 jobs in warehousing. Short term moves just following FED utterances until more bad data arrives. Sanders claiming Biden making USA look like Germany post world war 1 is also quite something. Yet USD goes higher.

Got that one obviously wrong. However, production guidance for 2024 does look good along withy cost reductions.

Tibbs you mean 438,000 total . (321k + 116K) Around 1200 ounces more was sold over mined so we could be 10-11k below minimal target. Average sale price however was $30 per ounce higher in Q4 compared to rest of year at $1933 per ounce. Also AISC may have dropped a $5 an ounce in Q4.

The resources appear adequate with 5 years of high grade mining to repay costs with 12 years plus at a lower grade and higher cost to mine profile (but then without the mining bank debt). This excludes any trucked ore from specific COOLA trenches.

The issue could be about the money to build the mine and the price of final product sold in the market. I believe it will be sky high 3 to 4 years from now, but banks may have a different risk assessment view of projecting no future global economic growth. To have FSDEA put up a good chunk of finance is similar to the help given to companies in USA climate protection programmes. Fingers crossed on this one. I am invested at levels I was at in January 2021. The Chinese were more than happy to loan $150M odd back then. They either manage climate change with a very long economic depression or seek and support new technology solutions.

Tibbs contact said it was 116k.