Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
BP - Your snorkel comment made me laugh. Please keep posting.......
The amended script should read:-
"Bubblepoint = negative
Push 123 = positive .
Beware the false prophet ;) "
Same person, sometimes long, sometimes out. Posting to try to influence market thinking and make money. Zero sum game but improves liquidity perhaps. Shame not to be using his/her knowledge for the common good.
Doyezee - great post.
Statera appears to have experienced very strong revenue and profits growth. Perhaps it got to the limit of its borrowing capabilities without further equity funding? (Debt to Equity around 10x.)
Statera appears different to IES in that it owns / operates the equipment rather than manufactures /sells.
Last report and accounts:-
https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/VTk4iF9eXatZ_ckK4VQRwA_tND7fyYMRc-IL94deCGo/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3JNXYRO6R%2F20231108%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20231108T091538Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEH0aCWV1LXdlc3QtMiJGMEQCIBQa6NN0qalaq%2FeSLk0PpyCNv%2F9cnGBQDPAolc9feOwUAiAnsk9WTHc2m4NaF5qTe8D6oV1uxSVjC2mECZ29xchStyrEBQi1%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F8BEAQaDDQ0OTIyOTAzMjgyMiIMHYhICXJTunvTNx7UKpgFB8H6W7Eewp0xUwCCKiirbpQe40%2Bg4DiwivvBLZO4zBYv%2Buc7d7FvM3sprHy9yG1TVrOv7zxz81u55q1SpR%2BWtgmKOd3ILWXygOFPqxfvSP9A3a4D1J5E2wseDw5qbSJlRd2VOW6uExShFMxopuNWKhvMsGrIExIk1shD5ZM3CgFK1xi2MnUdS86s9goeGuRM%2FGuTSqNXOUQdveqf6LG4fqBBdjeDa4khPjmQHBJXS%2ByF1MY7QsS%2Fj54Nr8GWho31%2FB4oe8krD899floaRldWbIRyS8xqOyjxBzhSsefKkALoUckST0raK6al%2FhlAbeIaVS5CkJ19LsqymookmKYIvS1T3yIDxqfpWkIb0ZKGHt5DnusPdAfhpiQEHAo7jbBm%2BLfa2vUpdT3mpUEgODS31TgbBXnA8qSWD2wBF1AGvH%2FLA4mC9RYqj7WNk6nFe0WrP0b6Odz2PQAxvxTF1qs%2BUwVP1ogyNrddVaxqJ7A5UaehcsERQM4GNUbYUD5kwd6lr6mgDh36i5h48iIlibOu1kSffnYO3t3GEHL9g%2BF35i4IKTvZuFKXWh0dwyD6Y6Yw%2FK3kPkFnCrivDYMz1v8Bui5joGK%2FNO8XD0TpdxXFLbsbFq8DCZjtxL2L9qZJFlbWwyPmsYzAlzzdCMuXLH0QzDfYU1QxwXwBvVtdL4CnrqTGugA1NtcSQR2HSIZEKJxYrU3NCV4Y%2FAzMB38voHhhYf6QfRSVSHK7c83RNh1L0Uikn6o6v0RYvOO7m0MtPnCcs9H1vPP2mp2CcQ7ukEIjLBBy4qb50fYtiw1LMia0ohO2Vj03YFW1UuM6tKg171pF%2ByR56RaUDedoDtYZ9kAZmGXjlk%2B08I6kVZpulpHiNLzjBGLqhTP0JDDKmayqBjqyAdDQ%2FpTq2ok6zvCpINLdhEVK3h1albT7lGmI2f63%2F1dGx%2BxtV1cNkVVPFBOq%2BY3CHhYz%2BK0D5Efpjtq897hA5ANclvY%2F96CHHO0ggJKlN1M1CTJOmyixVrW4D5x05PIM5bgcjzI7k84GjUWpO9HS6JZReM%2FTJPtdUGcPTh3kdWyu%2FDBTb1hIdMu80SNpumulTInNYo6vaKMEVSuUk5CRsJgjxgOeWZ0GsGq3G4CRZpC1Zbo%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=dbb511ef679a818967b2a3e2887838d941723ff10f436c54b8ba4f176d15c8cd
Further tightening of Rare earth controls by China......................
Further tightening of Rare earth controls by China......................
"Bubblepoint = negative
Push 123 = positive .
Beware the false prophet ;) "
Same person, sometimes long, sometimes short. Posting to try to influence market thinking and make money. Zero sum game but improves liquidity perhaps. Shame not to be using his/her knowledge for the common good.
Follows on from Chinese restrictions on Gallium and Germanium exports. What is next?
We are all waiting for the EA and Council to decide whether the plant can operate and whether sufficient lorries can access the site. Clearly TUN offers the best source of a critical metal for the Western world, so it is surprising that it is taking so long to resolve these two issues.
The outcome(s) of the feasibility study will be another focus. The recent increase in JORC resources can be used to model extended mine life or an increase in throughput, both of which are positive for the project NPV.
Looks very encouraging. I hope they can avoid dealing with the UKIB
Given the ANGS's financing costs are extremely high, would it not make more sense to sell the 25% stake in Balcombe and pay down some debt?
SPA's valuation per share is now 48p..........................................
Good to see VBR out in force at South Crofty today. Sir Mick gave an enthusing speech and pressed the "official start" button for the de-watering plant. It them poured with rain! Good to hear that unofficially it has been de-watering for some time now. The feasibility study is progressing well and two rigs are drilling on the 9km exploration programme South of Carn Brea.
Fingers crossed for finding more "Blue peach"
Re the RNS comment about 1p and 0.66p. I wonder if Kemexon and all its associates were banned from short selling or other ways of manipulating the share price when the negotiations took place?
Mumbles2021 Thank you.
Https://www.bbc.co.uk/news/topics/cxwdwz5d8gxt
It was a good move to reduce the hedge it seems. ..................
Great thoughts Sun Drum, and interesting observation Smartpunter. Thanks to you both.
IPO was at 8p if I remember correctly.
My guess is that a vendor who was paid in shares and was tied in for 12 months is in the process of cashing in their chips. I think the tin price is a little higher than it was a year ago, the indicated and inferred reserves are much higher than they were on IPO, the Water treatment plant is now in place and has gone through commissioning and the official commencement of de-watering + ceremony is this week. The CUSN team at SC has proved itself extremely capable so chances are the true value of the company is much higher than at IPO. Perhaps some investors do not want to wait for the commencement of mining but that gives those with a longer term investment horizon an opportunity. We will soon hear about the feasibility study which will hopefully bring good news - and perhaps further increases in reserves.
Bear in mind also that CUSN has a big backer -VBR -who having come this far is unlikely to walk away.Sir Mick clearly thought CUSN shares were a good deal at 18p because VBR invested £25m at that price. Recent moves by the Chinese over Gallium, Germanium and in the last few days Graphite for anodes have emphasised the need for Western resilience in critical metals - tin being one. So much has changed for the better - an opportunity indeed.
SmartPunter
I had a look at the list of RNSs, and there does not appear to be one making an announcement of ATF funding in July 2022.
Would you provide a link to a previous announcement of this grant?
SunDrum
Please elaborate.