The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
mmmm. Giant going for tailings/metal recovery businesses. This company 10 x in less than a month with this transaction. Soon it might be Jubilee.
https://www.miningweekly.com/article/sibanye-concludes-buyout-of-1999-stake-in-new-century-2021-12-08
Maybe they should start processing Bitcoin tailings and the share price can go to the moon and beyond. Nonetheless Jubilee’s golden year is 2021 with all the efforts over the last few years coming home and mid cap status now finally reached. Respectable institutions now involved, and stating they would buy more as the upside not nearly realised as yet. Excited for Leon, his team and all patient fellow shareholders.
Great Webinar with CEO. This share under valued.
https://zoom.us/rec/play/7pAlc7ih-Dg3HtDA4gSDAPN7W9S_Kvms23BMrqcNzhnkVnMDNlP0NbFAZOdawI7IuOk8Vbx9DsX_5xTp?continueMode=true&_x_zm_rtaid=mCvs_hQnSCCxWLSnNJJ_3Q.1597658591316.e798896783f9c730b29cd90fce9353f2&_x_zm_rhtaid=411
lease rates for palladium remain at 10% signalling not enough physical metal to service futures contracts. only way to get down is with much higher prices or drop off in demand (not likely with the huge deficit projected for some years to come).
https://www.tfmetalsreport.com/podcast/9233/thursday-conversation-david-jensen
highly unlikely they take over Jubilee. Jubilee giving its Platcro tailings to them to process. Don't think it is a matter of them needing Jubilee to know how to process.
They just getting material from Jubilee to put through their plant. And receiving a percentage of the profit unlocked from that material and then helping themselves lower the unit cost of their own tailings as more tonnes pushed through their plant.
Same principle as with the third party ore at DCM. One of the benefits of the third party ore at DCM was to lower overall unit costs for DCM.
https://www.moneyweb.co.za/news/economy/tharisa-acquires-90-stake-in-zimbabwean-chrome/
both going up nicely substantial potential in share price in coming months. record profits on the cards for FY 2017 and large divvy on the way which will really pump the share price as they will prove to shareholders that they making good cash and returning to shareholders which will lead to appropriate valuation Someone else also confident as 800 000 share take in one transaction today on JSE
Very quite indeed. RNS just confirms again this is a great company and great management that consistently outperform on what they promised with regards to matters which are under their control. Main items holding back share price remain Not well thought through Mining Charter and Chrome prices being so volatile. I sense that the market does not believe the recovery in Chrome price as yet due to the significant stock piles in China just waiting to be released with any increase in the price. Any spike in the Chrome price will quickly be brought back by the release of existing stock piles. In the long run prospects look good with stainless steel demand fundamentals being there but in the short and medium term prices not expected to run significantly. and lastly too many shares locked up in institutional investors making the share very illiquid. bug they working on that.
The consensus is that the mining charter will not be implemented in its current form. It will make virtually the whole SA mining industry in SA uninvestable. Views currently are that it will be locked in at the courts for a few years to come and eventually a more palatable version will be implemented. I support this view as there will during this period also be a significant change in the political landscape of SA as the current president and his faction will no longer be in power. Just today Anglo Gold announced 8500 jobs to be cut and more major moves from other players expected in the industry. Convinced this will start putting a damper on the radical approach of the government as they see how they are reducing the prospects of employment in the country and destroying opportunities in the mining space
I think this company is very undervalued and currently a great investment to make. All the major capex done (cash reserves building up and capex debt virtually paid off). Low cost producer (can withstand the worst of down turns). Excellent management (production reports show consistent and they actually achieve what they set out to achieve and communicate to the market - hey sometimes even over achieve!) What not to like??? One thing that is holding it back though is too many locked in long term institutional investors making the share very difficult to trade. Don't get me wrong, they are important for the value of the company but it must not get to a point where the share is virtually untradedable. But the long term holders which includes me set to benefit as dividends start flowing in. It has been mentioned before that they are trying too boost their volumes and I saw something about an employee share scheme which tends to boost liquidity to a certain extent. Lets see if they get this right properly though. On everything else they have promised they have so far delivered....