Chromex Share Discussion Threads

[bizz2bizz] 12/2/2008 13:33

kenatbabken, arn't all your figures a little pie in the sky given that the licence hasn't been granted yet? Production would be quite a time away wouldn't it? As far as i'm aware we are due to receive the go ahead from the DRM any time soon. If the price is marked down again with no selling, people are going to be caught short of stock as once the moning licence is agreed we will fly.

[kenatbabken] 12/2/2008 09:34

I,ve been doing some figures on CHX based on prices and costs included in
the BFS with the figures from December 06

With Lumpy and Chip ore going to local smelters representing 31.5% of production and the Concentrate going for export representing 28.5% of production and 40% waste,I get the following figures

Production 600,000 tonnes at $58.63 per tonne $35,178,000

Total costs as defined in the BFS
Costs 600,000 tonnes at $21.00 per tonne $12,600,000



With the above figures based on just the Mecklenburg mine this could be
a very profitable company once the problems with the mining permit is resolved
and production starts hopefully in April as planned.

If the above figures also apply to the Mkombi Stellite mine with 15 million
tonne resource this could become a cash cow

Anyone got any thoughts on it?

[kenatbabken] 08/2/2008 17:55

Back up to its high on no news,Makes you wonder where it can go to when there is some,Glad I bought last week

[1carter] 05/2/2008 10:22

again good rise this morning, news coming out possibly?

[1carter] 04/2/2008 15:44

lovely rise today on not much volume, keep it coming!!

[kenatbabken] 04/2/2008 10:37

Does anyone know where to get the Chromite price from can,t find it on Kitco
TIA

[1carter] 04/2/2008 10:17

is that sarcasm or something you know?

[houseprices] 03/2/2008 23:23

Going North, big time!

[1carter] 21/1/2008 11:33

anything happening with this stock? all seems to have gone very quiet!!

[rag82] 07/11/2007 16:53

risng well...any idea why

[1carter] 02/11/2007 14:18

been away for last few weeks, lovely rise!! hopefully more on the cards

[aim_trader] 04/9/2007 08:47

4th September 07 Chromex Mining: Gets the green light at Mecklenburg and acquires another chromite interest.

...3 of the 15 million tonnes of ore are amenable to open pit mining and will be fast tracked for development first, offering the potential for Chromex to move from having no production, to two producing mines in the next 12 months

[martin c-j] 14/8/2007 13:17

Yeah, I'm watching but not buying until they settle the dispute over their mining rights at Mecklenberg. It was though reassuring to see the chairman buy more shares at 22p recently.

[1carter] 14/8/2007 11:08

any 1 have any views regarding the latest news? am i the only 1 watching?

[antoin2] 05/6/2007 12:49

most buying i have seen for a while and the price is still off???

[bo doodak] 01/6/2007 15:18

Taken my profits, out for now
Best to be prudent at this stage with a Friday afternoon RNS suggesting the possible dispute over rights is not yet settled

[bo doodak] 10/5/2007 15:53

Minimum base levels of beneficiation to be specified by year end, not so good

[bo doodak] 08/5/2007 16:21

Pouroulis now a director

[ren3gade] 02/5/2007 17:45

I THINK WE COULD BE LOOKING AT 40P BY IN THE NEXT SIX MONTHS.IMHO...

[bo doodak] 01/5/2007 16:42

Samancor short of ore, having to import Indian ore

[bo doodak] 30/4/2007 16:37

Looks like Photon have reduced slightly - equates to 160,000 shares by my reckoning.

[bo doodak] 28/4/2007 10:42

This is the first week I've noticed it listed in The Times shares pages.