Ironveld Investors - IRON

Ironveld Investors - IRON

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Stock Name Stock Symbol Market Stock Type
Ironveld Plc IRON London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-0.015 -1.43% 1.035 16:09:24
Open Price Low Price High Price Close Price Previous Close
1.05 0.965 1.05 1.035 1.05
more quote information »
Industry Sector
MINING

Top Investor Posts

DateSubject
25/11/2021
18:45
al101uk: "A convertible loan note (CLN) issue is regarded a bit like a placing" No it isn't, it's debt and comes with all the advantages of being debt (it's ahead of equity in any liquidation and has a coupon). It also has the advantage of enabling the holder to convert to equity so they get the best of both worlds. The convertable nature of a CLN is a sweetner for the creditor and in return lowers the cost of debt for the company and usually delays the payment of any interest until conversion or the conversion date is reached. The terms are hugely variable and the conversion price is only one aspect of that variability. Maybe the conversion price comes with terms for forced conversion to equity and so the investor wants a higher conversion price to create an option on the companies success. Maybe a lower price would be in Ironvelds favour because future placings may be unable to reach that conversion threshold and the investor can just decide not to take part. I was making two points in my previous posts: 1) Just because you've decided CLNs are the perfect solution to funding doesn't make it so. It's so much more complicated than you make out and you're not even in posession of enough of the facts to make a call on if a CLN could be structured in a way that makes sense to both parties. That doesn't mean it can't happen, just that it's pointless constructing a dream world where issuing CLNs doubles the share price and then pretending it's a realistic possibility. Being fully funded can still push up the share price, but taking on debt and any implied valuation won't be the rationale for the rise. 2) The reason I don't think CLNs will be issued is nothing to do with any of that. I've been following GC for many, many years and I've seen him avoid debt in far better situations than Ironveld finds itself. I don't see why that would change now. I'm in no position to make a suggestion on funding, like you, I don't have the information and who's going to take a suggestion from me anyway? Based on what I know of GC, I'd speculate that primarily equity in some form will pay for funding for the foreseeable future. ... and I'm fine with that.
17/11/2021
17:40
hedgehog 100: 30/09/2021 06:00 UK Regulatory (RNS & others) Kazera Global PLC WHM Acquisition-Completion of Cash Generative HMS LSE:KZG Kazera Global Plc " ... · Kazera will acquire 60% of WHM (10% will be retained by Tectonic and 30% is held on trust for future Black Economic Empowerment Partners). ..." https://uk.advfn.com/stock-market/london/kazera-global-KZG/share-news/Kazera-Global-PLC-WHM-Acquisition-Completion-of-Ca/86171571 22/10/2021 08:00 UK Regulatory (RNS & others) Ironveld PLC Major Investment to Raise GBP5.6 million LSE:IRON Ironveld Plc " ... · Issue of 561,505,950 Subscription Shares at 1.0p per Subscription Share to Grosvenor for 29.9 per cent. of the enlarged issued share capital of the Company; · Grosvenor is a new South African private company formed by young black entrepreneurs who wish to expand their investments and mining operations in South Africa beyond the bulk commodities space and develop high-value vertically integrated projects; ..." https://uk.advfn.com/stock-market/london/ironveld-IRON/share-news/Ironveld-PLC-Major-Investment-to-Raise-GBP5-6-mill/86346433 Another difference to KZG is that IRON has now achieved about 30% black investment into the company, and moreover at a premium price, with a very well-connected group that can open South African doors to developing the project. So the BEE initiative, which may be putting some investors off South Africa, can no longer be an IRON concern. What may be seen as a negative by some investors, IRON has turned into a positive. A master-stroke by Giles Clarke and Martin Eales, but an aspect that the market doesn't really seem to have picked up on yet.
15/11/2021
09:08
malcolmmm: Yes agree I think most investors are buying the dips
11/11/2021
08:31
petersmith6: Too many people are expecting an instant overnight 10 bagger. The rise will take time ..and it would appear many investors have the patience or a 5 year old
09/11/2021
18:16
hedgehog 100: I think the newsflow will start rolling now the investment is approved, as the funds are in escrow. The experience of KZG, another Giles Clarke company, is very different: there was no binding contract, and the investors didn't have the funds. So a totally different situation here, with a vastly bigger in-situ asset. Though news of receipt of funds should still be received positively. I would certainly expect a re-rating up into the 2p - 3p range short term once the right newsflow is arriving. But that should just be for starters, with far higher gains further out very possible.
09/11/2021
09:44
sabre6: Plan xyz To raise additional funding and not dilute existing SP Rights issue to existing shareholders at 1p same price the other investors brought in at. I am sure most existing shareholders would go for it.
22/10/2021
12:29
hedgehog 100: In March, FAR announced strategic funding at 9p, comparable to the strategic funding IRON has announced today at 1p: 15/03/2021 07:01 UK Regulatory (RNS & others) Ferro-Alloy Resources Limited Strategic Investment & Appointment of Chairman LSE:FAR Ferro-alloy Resources Limited "Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman Ferro Alloy Resources Limited (LSE: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that it has today entered into a subscription agreement ("Subscription Agreement") for up to US$12.6m with Vision Blue Resources ("Vision Blue" or "VBR"), a company led and founded by former Xstrata CEO Sir Mick Davis, and a limited number of co-investors ("Co-Investors"). Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement. Chris Thomas, current Chairman of FAR, will resume the role of Non-Executive Director on Sir Mick Davis's appointment. Highlights -- Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") ..." https://uk.advfn.com/stock-market/london/ferro-alloy-resources-FAR/share-news/Ferro-Alloy-Resources-Limited-Strategic-Investment/84572613 The March deal sent FAR rocketing to over 40p - although it took a week to get there - a market cap. of well over £100M. I.e. FAR moved to multiples of the placing price, but it took time to get there. The rise was in stages, with profit-taking causing breaks along the way.
10/9/2021
16:59
johncasey: September 10th, 2021 Smart, forward-thinking investors cashed in on the lithium boom. Others made big money getting in on cobalt before its massive price surge. But now, there’s a new up-and-coming metal that’s poised to unseat both. It’s a metal ideal for batteries that run longer and are more efficient than lithium-ion batteries. I’m talking about vanadium: the best-performing battery material of the last several years. Prices have soared in recent years by over $30 per pound, and they've hit a 13-year high. And over the last three years, prices are up by over 1,000%. Vanadium batteries are ideal for large utility grid-scale energy storage. And they’ll be the next big energy metal story. The battery storage boom is projected to see 10,000% growth through 2030 or, as Bloomberg put it, will “double six times over.” And you can find out everything that you'll need to know about investing from our free report: "How to Win With Vanadium: The Metal That Will Replace Lithium." Just as lithium-ion batteries displaced nickel–cadmium batteries, vanadium could do the same to lithium-ion batteries. And it's because it’s simply the better metal. Vanadium batteries last longer and are more efficient than lithium batteries for grid storage. For that reason, they’re better suited for storing energy from solar and wind farms. Given that, it’s no surprise that investors are climbing aboard. And there’s still time to get in... So, sign up for our free report and find out everything you'll need to know about vanadium and how to invest.
24/8/2021
14:18
hedgehog 100: As well as Martin Eales as IRON's CEO, the suspected involvement of Mick Davis would also be a game-changer. And one which could lead to an eminent deal ... or should I say an 'M&M' deal! Mick Davis only launched his Vision Blue Resources fund in February of this year ... but made the first strategic investment immediately (into NextSource Materials), followed barely a month later by a strategic investment into Ferro-Alloy Resources(FAR). "Launch of Vision Blue Resources, closure of US$60m fundraising and first investment in NextSource Materials Highlights • Vision Blue Resources launched by Sir Mick Davis to rapidly build a portfolio of strategically significant investments in battery mineral assets • First fundraising of US$60m concluded in 5 weeks to complete imminent transactions • Initial investment of US$29.5m in NextSource Materials to: o Bring high quality Molo Project in Madagascar into production in less than 1 year, with significant further expansion potential o Investigate potential to produce purified graphite for lithium-ion batteries in electric vehicles • Pipeline of future investments already identified with further fundraisings by VBR expected in 2021 in response to expressions of investor interest London 8, February 2021 ... Mick Davis said: ... “The impact of rapidly growing demand for battery minerals is likely to lead to a surge in demand for specific commodities that will dwarf anything the mining industry has ever seen before, including the commodity impact of China’s industrialisation in the last 20 years. In combination with this surge in demand, a failure to develop new sources of supply highlights the need to ensure that critical mining assets are immediately financed and brought to production. ... In addition to supplying traditional markets for graphite and rapidly growing electric battery materials markets the Project is well positioned to meet demand for heat dissipating materials in modern electronics systems including increasing needs for 5G rollouts.” " HTTP://www.vision-blue.com/ 15/03/2021 07:01 UK Regulatory (RNS & others) Ferro-Alloy Resources Limited Strategic Investment & Appointment of Chairman LSE:FAR Ferro-alloy Resources Limited "Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman Ferro Alloy Resources Limited (LSE: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that it has today entered into a subscription agreement ("Subscription Agreement") for up to US$12.6m with Vision Blue Resources ("Vision Blue" or "VBR"), a company led and founded by former Xstrata CEO Sir Mick Davis, and a limited number of co-investors ("Co-Investors"). Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement. Chris Thomas, current Chairman of FAR, will resume the role of Non-Executive Director on Sir Mick Davis's appointment. Highlights -- Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") ... a) Right to purchase US$10m of additional shares in FAR at a share price of 25.0 pence per share, equating to a pre-money market valuation of US$150m, at the agreed exchange rate b) Right to purchase US$20m of additional shares in FAR at a share price of 78.0 pence per share, equating to a pre-money market valuation of US$500m, at the agreed exchange rate ..." https://uk.advfn.com/stock-market/london/ferro-alloy-resources-FAR/share-news/Ferro-Alloy-Resources-Limited-Strategic-Investment/84572613
12/8/2021
10:41
hedgehog 100: 15/03/2021 07:01 UK Regulatory (RNS & others) Ferro-Alloy Resources Limited Strategic Investment & Appointment of Chairman LSE:FAR Ferro-alloy Resources Limited "Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman Ferro Alloy Resources Limited (LSE: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that it has today entered into a subscription agreement ("Subscription Agreement") for up to US$12.6m with Vision Blue Resources ("Vision Blue" or "VBR"), a company led and founded by former Xstrata CEO Sir Mick Davis, and a limited number of co-investors ("Co-Investors"). Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement. Chris Thomas, current Chairman of FAR, will resume the role of Non-Executive Director on Sir Mick Davis's appointment. Highlights -- Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") ... a) Right to purchase US$10m of additional shares in FAR at a share price of 25.0 pence per share, equating to a pre-money market valuation of US$150m, at the agreed exchange rate b) Right to purchase US$20m of additional shares in FAR at a share price of 78.0 pence per share, equating to a pre-money market valuation of US$500m, at the agreed exchange rate ..." https://uk.advfn.com/stock-market/london/ferro-alloy-resources-FAR/share-news/Ferro-Alloy-Resources-Limited-Strategic-Investment/84572613 If the South African strategic investor that IRON is in advanced talks with is Mick Davis, as believed, than his Vision Blue Resources investment into FAR could set a template for the strategic funding deal here. And a comparable deal here could potentially be an initial strategic investment at about 2p per share (IRON's NAV), with right to invest at multiples of that: e.g. 5p and 15p. The March Vision Blue deal sent FAR rocketing to a market cap. of well over £100M. - currently £108.58 million at 28.75p. If IRON moves to a market cap. of £100M. on a pre-new-money basis, that would equate to a share price of 7.6p.
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