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IRON Ironveld Plc

0.0385
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ironveld Plc LSE:IRON London Ordinary Share GB0030426455 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0385 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Scrap & Waste Materials-whsl 103k -435k -0.0001 -4.00 1.51M
Ironveld Plc is listed in the Scrap & Waste Materials-whsl sector of the London Stock Exchange with ticker IRON. The last closing price for Ironveld was 0.04p. Over the last year, Ironveld shares have traded in a share price range of 0.0345p to 0.18p.

Ironveld currently has 3,934,996,887 shares in issue. The market capitalisation of Ironveld is £1.51 million. Ironveld has a price to earnings ratio (PE ratio) of -4.00.

Ironveld Share Discussion Threads

Showing 8926 to 8948 of 8950 messages
Chat Pages: 358  357  356  355  354  353  352  351  350  349  348  347  Older
DateSubjectAuthorDiscuss
30/12/2024
17:34
Well I'm off downunder for a couple of months. Here's hoping 2025 will deliver for you all. I say this more in hope than expectation of course. Q
quidnunc
30/12/2024
11:16
Bit surprised the price has held up with news of imminent suspension from dealing, perhaps clutching at straws but suggests larger holders are hopeful that something can be salvaged from the wreckage...?
petomi
19/12/2024
15:56
The problem is Penrith that we really don't know what the recent raise will actually achieve and as a result of that (and past contradictions) we really have no idea where we stand.

Figures being bandied around for the HPI powder conversion were between £1.5m and £3m but we're also not sure what's been done and what's not.

Basically the RNS's over the past few years have been far from transparent and there's been contradiction after contradiction so it's making it very difficult to ascertain the exact situation we're in and how much debt we have and to whom and what the terms of repayment are (the smelter complex being the main one).

Like everyone else still here, we're basically locked in and sitting on huge losses, so from our perspective we can only hope that JW can pull something off, of course from his perspective it's 100% in his own interest given his large holding here.

I rated JW when at Amer so maybe this wouldn't be a terrible entry point as surely now the only way is up, either that or it's likely to be the end of the line.....

ladeside
17/12/2024
10:34
Hi Ladeside,
I am currently in KZG and may put a little of the profit into here.How do you see them achieving the power generation and conversion equipment? Raise or maybe a JV?

penrith
16/12/2024
10:58
The two main issues that need to be overcome if we are EVER to become profitable are the question of the power generation and the Iron powder conversion equipment.

Until these questions are answered then it seems pretty pointless even trying to continue / restart production, as we've already been told that the project simply can't make any profit as it currently stands, hence the reason it was mothballed in the first place.

ladeside
12/12/2024
16:17
hopefully something happening here ahead of christmas...
paddyfool
03/12/2024
10:44
Hi ML :-)I hope all's well in your neck of the woods. D
bigwavedave
30/11/2024
08:16
Much more positive RNS. Still priced to go pop. If JW can get us into positive cash flow this is a bargain
tommygriff
29/11/2024
17:53
"Giles has served on the Board of Ironveld since 2010 and I would like to thank him for the support and insight he has provided to the Company during this time. The Board wish Giles all the best for the future, and we now focus on a period when we expect to see transformation progress at the Project, including increased production, and the commencement of revenues and positive cash flow."
orange1
28/11/2024
10:25
It will survive but we're back to where we were about 3 to 4 years ago with about £12 Million squandered, long termers virtually wiped out and apparently NOTHING to show for it.

I'd really like to know what went on PRIOR to JW taking a "hands on" role and I'm beginning to wonder if the serious fraud office should have been involved.

No answers have been provided to any of the questions regarding where the money actually went and what it achieved as we seem to be back to almost square one when the smelter complex was being purchased / refurbished.

As I say, where did the previous raised funds go and what did they achieve ????

ladeside
27/11/2024
11:04
Hello all you ex Amerisur friends, including John Wardle as I'm sure he reads the board from time to time. I still hold this stock but don't follow it. My question is will it survive??
moneylender
25/11/2024
15:55
At this rate we could have a whip round and buy the company ourselves!
cloud9surfer
10/11/2024
15:58
Hi Q,Good to see you again.Apologies for the tardy response but I only occasionally look in these days. I dumped my shares a while back, fully expecting IRON to go down the toilet for good. Credit to JW for keeping it going but he'll have to perform some real magic now. Always possible, I suppose.I hope all is well with you.D
bigwavedave
07/11/2024
14:30
Sold in 2013 for £1.57m. Are you going to tell us it is now worth £100m?
orange1
07/11/2024
13:48
do we still own mercury recycling?
castleford tiger
02/11/2024
18:00
Hi RecOvery Stock.You said .How the brokers managed to con hapless investors into this is beyond me, but maybe there are people who want a thumping capital loss to offset against gains elsewhere to avoid the increase in CGT.Not sure I agree with the 'hapless investors ' bit . Reading the posts on here the company looks a busted flush but there is a lot of emotion about. I am thinking it may be worth a punt but I am quite heavily invested in KZG so you might question my judgement Lol.
penrith
02/11/2024
17:11
Hi BWD,I'm glad you're still about. The long and lingering death of Iron continues to fascinate me but no longer inspires! There seemed so much promise a few years back but nothing material has ever come to pass. Each leak requires an even bigger pinch of salt to go with it to the point where there's more salt than substance The only reason I hold is because my holding is so close to valueless as makes little difference. Anyway it's good to see a few familiar names still orbiting the plughole!Best regards W
quidnunc
31/10/2024
13:43
"At 18 October 2024, the Company had a cash balance of £17,892 and total creditors of £3,685,410 with £2,972,711 payable to South African entities (including the outstanding loan owed to Warmbad) and £757,698 due to creditors in the United Kingdom, including outstanding fees and/ or salaries owed to directors and the outstanding Loan Facilities. The Company has entered into agreements with certain of these creditors to settle a total of £693,000 from the net proceeds of the Placing and the Subscription.

The Company has also entered into agreements with certain of its creditors to settle a further amount of £231,900 through the issue of 644,167,519 New Ordinary Shares at the Placing Price, being the Creditor Shares.

Following the above cash and share-based settlements with certain creditors, the Company will have total creditors of £2,515,888. The Company intends to reduce this creditor position from cash flows generated from production, whilst ensuring the Group's operational objectives can be met."

In other words they are trading whilst insolvent! Paying £2.5m from production cashflows when there has never been any net cash generative production is pure fantasy.

The company is in a funding black hole so deep this placing hardly fills an inch from the bottom let alone provide the capital needed to achieve positive cash generative production. How the brokers managed to con hapless investors into this is beyond me, but maybe there are people who want a thumping capital loss to offset against gains elsewhere to avoid the increase in CGT.

What happened to the loan? Yet another false hope no longer even mentioned.

rec0very stock
31/10/2024
11:54
The problem is that most of what's in the research note which is talking about what the funds are to be spent on etc has, as far as we were aware, already been done !!

It appears that what we've been told over the past few years were nothing other than lies, so why should we believe them now ??

[...]

ladeside
30/10/2024
16:54
Well if they manage to deliver what they have promised there may yet be some light at the end of the tunnel. If this is to become a going concern then the upside from here is potentially very good indeed.
paddyfool
30/10/2024
14:10
Wow, that's some result, placed inside the spread.
paddyfool
29/10/2024
23:25
Try XLM they are about to rocket imo
malcolmmm
28/10/2024
21:04
Hi al101uk,I'm sorry to learn that. I always appreciated your posts. Even if they didn't fit with my investments/dabblings, they always seemed well-researched and objective to me.It's always good to read a (sensible) contrary view in my book but, hey-ho, this is advfn and it can be nasty place at times. So I fully understand your decision but it'd be nice to have you back sometime too. D
bigwavedave
Chat Pages: 358  357  356  355  354  353  352  351  350  349  348  347  Older

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