Ironveld Share Discussion Threads

[mintington] 17/1/2017 13:56

Something's stirring.....usual insider tip-off perhaps

[vatnabrekk] 13/1/2017 10:43

Perhaps the DMR is the problem, and the cause of the ongoing delays.

[ladeside] 10/1/2017 10:37

Not at all, GC doesn't work that way.............

[jailbird] 09/1/2017 16:51

Watching these for sometime and just considering to buy in as production approaches but let down by delays which also dilute existing holders


Nov 2015

The Project remains on track to commence production of HPI, vanadium and titanium slag by-products in 2016.

Exaggerated forecasts really gets on my wick... and then they will reward themselves even though promised targets and timelines were missed


You cannot trust any moments made in black and white anymore

[tommygriff] 06/1/2017 15:24

Hi Annie, no it was part of the QA at the end of the turner pope presentation recently.

[vatnabrekk] 05/1/2017 21:13

Thanks for that Tommy. I always get concerned when govt. departments have to be involved in getting anything done!

[tommygriff] 05/1/2017 19:44

I believe the proposed smelter is going to be built on land that is half owed by one government department and the other is owed by another government dept. They couldn't agree on who would sign Ironvelds lease. They have now agreed that both will sign, so only a matter of time!Giles Clarke confirmed this at a recent presentation.

[vatnabrekk] 05/1/2017 19:32

Looking back over the RNSs from 30th March to 7th December, I'm a bit concerned about the delay in Financial Closure (originally stated as Q2 2016, now stated as expected during 2017) and the ongoing delay in obtaining the lease, which has been stated as "shortly" for quite a long time now. Does anyone have any views on these issues? Or any words of comfort, perhaps?

[ladeside] 21/12/2016 13:42

Yes, I'm sure it was something do with the Panama papers.

[bigwavedave] 21/12/2016 10:57

tommy: Someone on the AMER thread said michinoko was being wound up or something. Shares sold or transferred elsewhere. Can't remember.

[bigwavedave] 08/12/2016 11:46

while we are waiting:

[paleje] 07/12/2016 07:53

Rest assured Ladeside, not one use of imminent, watch out for during though.

RNS today:-
Financial closure is expected during 2017
-- Construction of the 15MW smelter expected to commence immediately on financial closure

RNS March 2016:-
Financial closure is expected to be in Q2 2016
-- Construction of the 15MW smelter expected to commence immediately on financial closure

[ladeside] 02/12/2016 14:48

The only strange one for me (and it has been mentioned by others), is that the normal MO of GC is to keep these things under his hat as it were and only tip off friends and family. I don't really know if it should be perceived as a positive or negative that he's touting both Iron and Kenv around the city ??

Time will tell I suppose, so long as it's sooner rather than "imminently"...........

[paleje] 02/12/2016 14:44

I saw a graphic, callumross, but it had no dates on it so it was meaningless to me and I think I've seen the same graphic before, probably in Aug 2015:)

I still think we're getting closer or GC wouldn't be presenting, just a bit cynical.

[callumross] 02/12/2016 12:32

Actually there is a new timelines graphic on the presentation!

[paleje] 02/12/2016 10:51

Nope and haven't seen any so far, did notice a presentation on website tagged November 2016 but actually just a tweak of Aug 2015 and no time-lines not that they mean much with GC. I'd assume that's what he used last night.

I expect we'll hear final funding arrangements 'imminently'.

[ladeside] 02/12/2016 08:32

Anyone have any feedback from last night ??

[bigwavedave] 01/12/2016 15:01

callum - ditto. But GC's definition of price sensitive info is not the same as mine. We'll see. If he can attract new money here, all well and good.

[callumross] 01/12/2016 12:27

Might generate interest in this share which I seem to have held forever but they have already stated that no market sensitive information will be disclosed.

[bigwavedave] 01/12/2016 11:18

So, GC will be addressing the red trouser brigade tonight. Anyone here going? Can he do a KENV with his powerpoint presentation?

[annie38] 30/11/2016 18:24

Could be up to 7 months before full funding completed.

Extract from RNS of 26/10/16:

"The Company intends to use the net proceeds of the Firm Placing and Conditional Placing for the Company's funding requirements up until 30 June 2017,
BY WHICH TIME THE DIRECTORS EXPECT TO HAVE COMPLETED THE FULL FUNDING OF THE PROJECT"
...............hope I live long enough to see this through !

[rec0very stock] 23/11/2016 14:33

Can't rule out another placing, however I think the aim is to get the share price and liquidity back up ahead of concluding the main debt and equity financing packages. I hope that is the case. Conclusion of those packages before Christmas would be a nice present for those of us who have been waiting far too long for it to happen.

Unfortunately I can't attend. I hope there is someone who can go and report back. No doubt it will be videoed but you can't really gauge who well or otherwise the message was received and who by unless someone goes in person.