Ironveld Share Discussion Threads

[brut winky] 31/12/2020 09:11

Doubled up, bit more yet as well.

[ladeside] 30/12/2020 23:51

It's certainly a good time to take a position Brut when the price is still low.

I'd expect much more interest once Align put out their in depth research note and then it's just a waiting game as the Board try and secure a lucrative funding deal or alternatively farm out to a major or even punt the lot, if they receive an offer that they can't refuse.

Either way we're fully funded for the next 18 months so a slow steady rise would be far preferable to the pump and dump spikes driven by the twitter crew, still, I can't see much downside or risk from current levels so possibly one of the safest AIM plays out there at the moment but with a huge upside.

[brut winky] 30/12/2020 22:42

I'm picking a few more up tomorrow, seem a rare stock really and could fly once they pull their finger out and start smelting.

[ladeside] 30/12/2020 18:15

2 x 10 millions and 2 x 5 millions just appeared delayed from yesterday morning.

TR-1 Holdings RNS will be popping up in the next couple of days I reckon, which will confirm that Align have increased their holding.

But as always, DYOR and don't take my word or anyone else's for that matter !!

[dealer66] 30/12/2020 18:12

Time Trade Prc Volume Buy/Sell Bid Ask Value
29-Dec-20 10:21:11 0.54 10,000,000 Buy* 0.48 0.50 54.00k O
29-Dec-20 15:33:50 0.51 5,000,000 Buy* 0.48 0.50 25.50k O
29-Dec-20 10:22:22 0.545 10,000,000 Buy* 0.48 0.50 54.50k O
29-Dec-20 15:32:55 0.515 5,000,000 Buy* 0.48 0.50 25.75k




All filled move up tomo I think !!

[volsung] 30/12/2020 16:52

Bought a few more at 0.48p

[brut winky] 30/12/2020 16:39

LADESIDE : good post

[ladeside] 30/12/2020 09:29

Just out this morning from Align,

hxxp://www.alignresearch.co.uk/commodities/aligns-top-7-conviction-calls-2021/

Reading that it's fair to say that Align are doing some serious stake building here !!!

[brut winky] 29/12/2020 14:10

Yes, these look like they will spike soon.

[ladeside] 29/12/2020 10:35

I should have added that Align have also thrown their hat in the ring since the original deal, so yet another plus and from recent price action one could easily conclude that they are currently increasing their holding in the background ???

Incidentally, this almost feels like ramping but is in fact just factual information which the market in general doesn't appear to have caught on to yet......

[2prsimo] 29/12/2020 10:26

Can buy naff all

[jimbob999] 29/12/2020 10:24

About to pop

[ladeside] 29/12/2020 10:01

Very encouraging RNS as Martin has now confirmed what many of us suspected, ie, that the original deal with IIG was drawn up at "fire sale" levels, however as we now have the funding in place it lets us renegotiate with both IIG and others from a position of strength.

The bottom line is that the previous deal valued us (even with the 0.42 major dilution) at between 1.5p and 2p per share so I'd say this gives us a 2p starting point as a "worst case" for shareholders, which at current levels is still a 400% increase.

It's also worth pointing out that the commodity values have increased dramatically since that original deal was drawn up, so again, another major plus for us from a negotiating perspective.

All good here, just a waiting game now........

[dealer66] 28/12/2020 22:18

Expecting nice gentle risen here in run up to what I expect align known will be good news .
Theyre well on the loop with Mr Clark & co via theyre 29% kzg holding .

After years of subdued share price iron really could be a great turnaround play for 2021.

[vatnabrekk] 24/12/2020 23:52

Oh, well that's interesting!

[dealer66] 24/12/2020 23:52

Richard jennings bio ..he was the founder and Managing Director of Peregrine Asset Management


The same ?????
Distinctive Asset Management
Peregrine Capital is South Africa’s
longest running hedge fund manager
and is focused on delivering superior,
consistent risk adjusted returns for
long term investors, using high
conviction portfolios, based on
in depth, pr




Key word

South africa


Kzg
Iron

[tommygriff] 24/12/2020 22:05

The ceo Eales has worked with align before whilst at Rainbow Rare Earths and even left a testimonial on aligns webpage, so they know each other from old!

[dealer66] 24/12/2020 18:22

Yes , I'd say 0.53p ceiling.
So are they going 15% + , they hold 29% in kzg . (Same board)
Align are very much in the loop here so can only be seen as a positive move . Seasons greetings all

[ladeside] 24/12/2020 09:12

I'd agree, the price movement (or lack of it) over the past few days would suggest that the price is being held in order for large orders to be filled, most likely Align.

[dealer66] 23/12/2020 21:25

Took some more stock yesterday, with all these shares been issued you would think easy to buy . Alas no NT on and off for anything 3-5k,no price for 10k plus . Strongly believe a third party Align or another is loading up behind closed doors .
Hugely confident board pulled plug on iig deal as better in the offering . Interesting kzg seem to have a big backer about to move in and take a slice .
So the board have contacts, maybe same person/company fancies ironveld as well .

Seasonal greetings all :-)

[ladeside] 23/12/2020 15:50

annie has a point, however it still appears that our board pulled the plug on the 0.42 IIG deal to pursue a 0.30 placing, strange you'd think ??

The only conclusion I can draw from this is that they thought with secured funding behind them that they could much improve on the 0.42 deal and as such farm out / sell our assets for a much greater reward, despite the additional shares / dilution created by said cheap placing.

I think the underlying point for me is that the market valued the 0.42 funding deal with IIG at 1.7p - 2p per share and as such that's the bottom we should be looking at (mcap pretty much like for like with the level of 0.3 - 0.42 dilution).

As such, this looks one of the best risk / reward plays around at the moment, imho....

[parsons4] 23/12/2020 07:46

Because all those with an interest ie Directors, current shareholders and advisors wanted to buy cheap shares, end of story !!

[annie38] 22/12/2020 23:34

Begs the still unanswered question as far as I am concerned.
Why had they to discount the recent placing to such an extent ?

[theaviator] 21/12/2020 12:21

John scratching his head this am I think on Gun lol FTSE was at a level - haven been saying it for ages. Think if the job losses and business collapsrs that will come from this lockdown. Economy on its uppers yet people can't see. GDP is messed up.Heyho make money from others blindness I guess.