Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nearly a year on from our high of 1.84 , that was achieved through expectation alone .. peeps possibly a little more cautious this time around, yet I feel more optimistic now than I did then .
Wham .. Great stuff back in the day , certainly be jitterbuging when we lift off ..just hope news doesn't arrive during cheltenham week or it will be lost on me lol
https://www.investopedia.com/terms/b/belowthemarket.asp#:~:text=In%20a%20below%2Dthe%2Dmarket,price%20as%20a%20limit%20order.
This might explain a little LT ..it may also mean today's large trades being buys .. though you may interpret it differently.
As you mentioned LT , EPC first and yes it's very possible all news could concertina up within a short time period.
Regarding the roc minister, have the feeling he satisfied with whatever he was told ..would be interested to know who else was present at that particular meeting? Hopefully Chinese also there adding meat to the bone.. either way we're lucky to such an enthusiastic minister , how often do you see ministers trying to appease greenies environmentalists etc..at least he's full blooded in wanting this up and running..
Also LT there's the on going talks with
potential off-take partners .. news on that could also be added to the mix...
I've also been looking at the congo job market lol ,couldn't find anything either , though probably to early .
I also emailed a Chinese representative of one of the construction firms .. of course nothing back , and expected nothing . Anyways still very optimistic and decided to add more In the coming weeks .
https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.todaytranslations.com/consultancy-services/business-culture-and-etiquette/doing-business-in-china/&ved=2ahUKEwjpr4rb27D9AhXKYcAKHYhxBb4QFnoECAcQAQ&usg=AOvVaw0HhzFgBhHbP_WvXRDSub7C
Nothing Kore related , but an insight to how business may be being conducted with the two Chinese construction firms and Chinese businesses as a whole, etiquette etc. May explain a little to why we wait.
Wise words Fluffy, always remember being in Sirius for a few months believing in all the hype etc ,thankfully sold at a slight loss as wanted to ride a wildcat drill in the Bahamas which in turn was a complete disaster so still lost a small sum . Of course it's hit or miss with a lot AIM companies it can make and break you ..sometimes in the same day.. a small majority are life style companies giving the bod a good time whilst keeping the company afloat with impossible targets and promises.
Anyways I feel Kore a little old fashioned (in a good way ) with genuine targets and a solid feeling that they do everything above- board and with shareholders best interests at heart.
I sometimes wonder if the sirius experience left many with a bitter taste and a reluctance to invest into this sector .
Though one shouldn't compare kore with sirius in any shape or form.
One day this will suddenly start to move and move quickly ,she's a leaky ship and it'll be difficult to buy in when she blows ..
Brazil important roughly 85 90% of their potash from Canada Belarus and with Belarus Russia supplies looking limited for a long period leaves Canada to fill the shortfall.
I can't imagine Canada could produce potash at anywhere near as cheap as Kore .. we have a quality product and with Brazil looking to increase its demand year upon year its a win win win. In geographical terms were right on Brazils door step too , it's not rocket science to add it all up.. This will be a huge . Patience and all will be well here in pottyash.
The contractual terms are being finalised prior to acceptance of the EPC. Kore Potash and SEPCO are in dialogue to complete this process. The Company notes that it may transpire that SEPCO will require further SEPCO and Power China Board approvals prior to the finalisation of the contractual terms.
I can only assume we're within this further SEPCO ,China board approval period. If so then I'd imagine we're down to the nitty-gritty etc ,hopefully an RNS will put us all out of our frustrating miserly sooner rather than later. Despite that I still feel very optimistic towards this project and believe strongly all will be fine .
Nice thoughts Rock , hoping for around 1.75 - 2.25 on everything signed then a steady 3p during the tumble weed period between construction and production.. though of course I'm probably being over cautious.. expectation being the biggest cause of heartache and all that.
simple clarification to those with jitters ..
Won't be long now ..
https://www.miningreview.com/speciality-minerals/republic-of-congo-minister-of-mines-lauds-kore-potash-progress/
Lol.. if we hit 10p then possibly we can even buy ORR..
Actually im thinking there'll be a rise in ORR sooner rather than later..seems to be a little enthusiasm entering proceedings... famous last words lol..