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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ironridge Resources Limited | IRR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 23.50 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 23.50 | 23.50 |
| Top Posts |
|---|
Posted at 16/11/2021 09:03 by ukgeorge Hugo by being a shareholder.Vincent is presenting this evening. The Company is pleased to announce that Vincent Mascolo, Chief Executive Officer, will be presenting at an investor webinar, hosted by Donald Leggatt from London South East ("LSE"). The presentation will provide further details on the intended rebranding of the Company and the demerger of its gold assets into a new gold entity. The event will be held on Tuesday, 16 November 2021 from 6:00pm (GMT). To attend, please register your interest at: . |
Posted at 10/11/2021 16:35 by ukgeorge Gold getting a march on today following 6.2% CPI in the statesHave any holders had any details from your brokers in regards the spinout? I use Iweb and interactive investor and haven't heard anything yet. |
Posted at 27/10/2021 10:37 by 74tom I think it’s the combination of the current name & the lack of price momentum. Also I suspect many potential investors aren’t aware of the Piedmont deal because it happened over the summer. When the name change to Atlantic Lithium happens many AIM punters will think it’s a new IPO |
Posted at 27/10/2021 10:15 by djj2014 Given the potential here, it's strange that it's still under the radar of many investors. |
Posted at 26/10/2021 09:09 by robbiekeane IRR becomes a pure lithium play supplying Piedmont who in turn supply Tesla. The US listing will attract more sophisticated investors who will understand and accelerate the value. The gold is a distraction - just noise, some way off meaningful production. I now see Piedmont building their stake. |
Posted at 07/10/2021 15:30 by grafter IronRidge Resources has filed an application for the Company to trade on the OTC Market's OTCQX Best Market (OTCQX) trading platform in the USA, which will make IronRidge's shares more widely available to North American investors - |
Posted at 16/9/2021 09:57 by jlondon News just out:"Sibayne Stillwater buys HALF of ioneer*s Nevada LITHIUM project in R7bn deal."-Moneyweb, 4 hrs ago. "Sibayne Stillwater to invest US$400m to advance ioneer*s Rhyolite Ridge.."-PR, 8 hrs ago. Above the same story. Proactive Investors AU reports on the above story and gives the following details: "Annual lithium HYDROXIDE 22,000 tonnes. EBITDA US$2 8 8 Million After Tax NPV [8% real] US$1.3 Billion. 18 mths to find a JV partner. Construction by first half of 2022, FINANCING six mths later, 1st product shipment 2 N D HALF 2024." Ref: "Ioneer Ltd strikes up US$490m JV with Sibayne Stillwater."-Proacti Comment: Ioneer*s capital cost is US$785M. This is consistent with lithium co*s wanting to produce either lithium carbonate or lithium hydroxide. IRR is into SPODUMENE which does not cost anything into 3 digit capex. The above is useful to see that to produce the lithium hydroxide, it takes ===LONGER ie construction by 1st half of 2022 with production 2nd half of 2024 vs Core Lithium above ie production END 2022 for spodumene.=== On the other forum, it is possible that folks have NOT looked at the EBIDTA FOR IRR NOR NPV. ===Just compare IRR*S LITHIUM PROJECT WITH A EBITDA of US$105 Million a yr [if US$2,500 spodumene EBITDA US$420m] vs Ioneer*s US$288m EBITDA.=== Both will have 1/2 of the EBITDA after JV*s. This is with a sale price for spodumene of US$650/t COMPARED with 14.9.21 auction price of US$2,500 for SC6 which is ---4 TIMES MORE approx EQUALS US$420M EBITDA [1/2 to IRR]---- Macquaire also MULTIPLIED PILBARA*S [PLS] EBITDA by the increased auction price they achieved at the 14.9.21 auction and this was posted yesterday. ===IRR MKT CAP £118m @20.72.[Pre-DFS & Fast Track?] JV Piedmont ===IONEER MKT CAP A$1.14 BILLION [DFS] JV Stillwater today, 16.9.21 ===CORE LITHIUM MKT CAP A$700 MILLION [DFS] |
Posted at 15/9/2021 18:40 by jlondon -----Australian Stock Exchange wrote to Core Lithium------hxxps://hotcopper.co "ANN/RNS, 15 Sep 2021: Response to ASX Price Query." "Price Sensitive: Yes." The mkt cap of CXO has jumped to A$704.2 Million @45.5c. "Q:Is Core aware of any info concerning it that has NOT been announced..." Answer: "Core is one of the VERY FEW LITHIUM DEVELOPERS GLOBALLY THAT ARE READY TO START NEW CONSTRUCTION in 2021 to take advantage of HIGH SPODUMENE PRICES." "Significantly, Core notes that yesterday, a spodumene concentrate cargo from another Australian producer SOLD for an approx equivalent price of US$2,500... Core is the only Australian focused, ASX listed co*s to JOIN THE R A N K S OF N E W SPODUMENE producers between now and END 2022." "Core has recently FINANCED the Finniss lithium project and is PREPARING TO MAKE A FINAL INVESTMENT DECISION in the coming WEEKS ahead of the construction on the project before the end of the yr and TARGETING FIRST PRODUCTION E N D 2 0 2 2." === Comment: From the above, it shows that Australian investors were aware of the Pilbara Minerals Auction price obtained at US$2,500 for SPODUMENE. As said by AFR, it sent tongues wagging around the world + mining industry. The share price of Core went up and hence the Australian Stock Exchange asked the above question. It is useful to know that UPON AN INVESTMENT DECISION in the coming wks from 15 Sep 2021, it takes roughly 1 YEAR TO START PRODUCTION GIVEN IT IS A MORE SIMPLE PROCESS producing spodumene. IRR*s process is even simplier hence why it is the lowest cost producer in the world together with Sigma. Core is one step higher in capital cost than IRR. From the official answer, I now have an idea how long it could take to start production although NO two co*s are the same. It does give an idea only. However, on the other IRR forum, they are NOT aware of what is happening to spodumene prices or Pilbara*s auction price on 14 Sep 2021 that was achieved which was termed "insane" by the S& P Global a/c mgr on Twitter which I posted. ==IRR is "FAST-TRACKING" their lithium project per the info so one should hear more.== |
Posted at 15/9/2021 13:26 by jlondon UKGeorgeChris Temple has been doing an interview with a lithium co & said that the decimal place is wrong and one day he hopes it will add 1 decimal place. This co is in Canada. However, one report gives all the details & whilst the deposit is in Ontario, they are into lithium carbonate etc and the capital requirement is US$685m. As for spodumene, another 2 have cheaper mkt caps of nearly 1/2 of IRR but they are not even off the ground yet. One is waiting for mining licence & the harder part is to raise funds. The other co is in Zim and still on technicals. I have been studying all the co*s on Toro_AIM*s chart which one person said is from the broker report of IRR. In answer, YES. Why? I was in Solgold from early days and have known about IRR for ages and following it. I also listen to Mather and what he said about IRR in a Goldman Sachs Investor Conference re: Solgold. I will give you the names of the other co*s on the broker*s chart to show IRR is the lowest capital requirement together with Sigma which will IPO? Firefinch is just above IRR. Others are Prospect, ARZ, Sayona, Kodal, PREM, Critical Elements, Nemaska, Lion, Savannah, Core. I am interested to see where all of them are in production dates. Savannah has issues with locals who dont want mining and same with Rio in Serbia. Nemaska has just come out of creditors hands and went bk as they could not raise the next amt for capex due to overun. |
Posted at 14/9/2021 18:05 by jlondon Core Lithium, Finniss project, Northern Territory, AustraliaI gave a link to hotcopper CXO. I have now checked their website as well. I recall the last news was that Ganfeng was going to take some of their lithium off-take and participate in their capital raising for capex. However, there is a tiered buy in so that like BCN, Ganfeng could end up owning X % of the shares. I note that on Hotcopper CXO, they have a thread about VOTE AGAINST TAKEOVER. LoL - at least they can see what can happen. The BCN people apparently didnt know? However, the London market tends not to be nuanced in the £££ so the market cap is lower than it should be ie undervalued even on the broker price target. Or, investors like shaving a penny or so and the price /mkt cap remains rather on the lowish side so that opportunity knocks for any co that is interested in taking a co over. CXO [Core Lithium] need not worry as much. Why? A$688 million is quite hard to swallow given that the takeover co has to fork some 40%-50% more. This means that it could go to OVER A$1bn. Most of the co*s taken over are like BCN in the low hundreds of millions. IRR is now also in that category. Why? Capex paid, money in the bank, drilling MORE lithium, lowest in the planet ie costs, direct shipping ore with NO floatation, relatively clean metallurgy ie no heavy mica/clay etc etc, close to trunk road, cheap transportation per share price Angel, LITHIUM FOR SPODUMENE C6 AT US$2,500 vs US$650 in the presentation and at this selling price the EBITDA is US$105m per yr. AT THE "INSANE" spodumene selling price of US$2,500 SC, that is 4 TIMES MORE. I am sure Piedmont is aware as everyone that is anyone is aware of the PLS RNS/ANN of today, 14 Sep 2021 relating to the auction price achieved as above. Not implying anything - if one can see it so can anyone else. Gold not taken into account. Interesting situ. Tues, 14 Sep 2021 |
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