Ironveld Share Discussion Threads

[sabzahmed] 25/1/2016 12:52

I guess it's going to be hard to sort out finance for a newbie while commodity has been taking a beating. Fears of China trade etc. We have a world class team and I'm sure eventually we will have the funds sorted. I'm guessing we will see some delays with everything and production date will potentially slip in to next year. As soon as the news starts flowing, the share price will shoot. It's just a waiting game.

[quidnunc] 25/1/2016 11:36

Rusting
Q.

[quidnunc] 20/1/2016 10:49

Well lets hope he does as well as the England cricket team out there!
Q.

[mouse20] 15/1/2016 14:19

I hope he is there to conclude and sign off the financing and construction contracts in the next week.

[bigwavedave] 15/1/2016 11:57

GC looking at plans (in between cricket matches, I assume).

[quidnunc] 12/1/2016 09:43

Well its going to need a recovery in China to really push this but, if the infrastructure is built in the next few months then production and recovery might coincide very nicely.
Q.

[taudelta1] 11/1/2016 08:58

Rand devaluation very positive, lowering costs seen in $, and also indirectly, helping sentiment as the SA Fe/steel industry as a whole is seen as competing with the Chinese ... although this latter point would admittedly be blown out if there were a significant devaluation of the Rmb vs $ ... GLA ...

[mouse20] 08/1/2016 11:32

Yes, I think after several years of patience, things might be about to start happening. Time to come out of hibernation ( I hope).

[annie38] 08/1/2016 10:34

Quite impressive that this has bounced almost 50% since November in thin trade and
in a volatile market. (Fingers, and pretty much everything else crossed !)

[cutlery] 20/12/2015 16:59

The board looks forward to updating shareholders in the coming weeks as we finalise the funding package and start construction of the smelter."
Can't wait. We will see some movement when this update arrives.

[dandadandan] 19/12/2015 10:52

It is tick UP time I'm my books.

This nearly slipped under my Radar.

A great BoD doing what they set out to do.
They will not shaft us long time shareholders IMO.
Integrity counts for these people.

Remember the major shareholders paid 6.75p

Getting ready for the share price 'Reindeer ride North'.

Roll on 2016. Investment $$$$$$$$$s are on the way.

GLA

[sabzahmed] 18/12/2015 10:15

Whoop whoop ???

[taudelta1] 18/12/2015 08:01

should increase the confidence of the more pessimistic folks .. GLA ...

[mouse20] 18/12/2015 07:56

Really great rns. Construction should start in Jan or Feb.

[bigwavedave] 17/12/2015 12:27

AGM tomorrow, I believe. Anyone going/expecting anything...?

[annie38] 04/12/2015 16:47

Perfectly timed bounce in the S.P ahead of the conclusion (hopefully) of funding and off-take agreements in the next few weeks.

[sabzahmed] 04/12/2015 16:24

Up up up we go. Have a good weekend everyone

[donaferentes] 03/12/2015 18:46

appears to be flat-lining today - somewhat appropriately for IRON!

[taudelta1] 03/12/2015 16:26

One could equally say it's tightly held, there's no volume for sure, bearing in mind that 195,000 are required for only £10k at the mid-price of 5.13. It has to be one of the best junior miners around .. the others seem to have big-time issues, e.g. at WLFE the price of tungsten is below break-even, at BKY there's an election due that could bring the Spanish left into power who may prevent uranium mining, etc etc.. Season's Greetings to all!

[tommygriff] 03/12/2015 15:45

Not much interest in this still!!!

[donaferentes] 28/11/2015 16:33

Thanks Taudelta1 - spoken like a Trojan! err . . . . .

[taudelta1] 27/11/2015 16:21

noted, many thanks cr

[callumross] 27/11/2015 14:32

Taudelta1 - no tax payable for first few years of production due to previous losses and capex!

[taudelta1] 27/11/2015 14:27

donaferentes .. there are no Greeks bearing gifts to fear here! Doubling in share price would imply a p/e ratio (on eps from first full year of smelting) of approx 4x (I've allowed for estimated tax and the 26% going to the black economic empowerment provision)... think we can reach 4x + as a first objective with more later, given the potential for more smelters down the line ... GLA