Ironveld Share Discussion Threads

[talk2dubya] 11/8/2021 10:33

When was the last time they copied in another organisation ? They must be active to have sent that tweet out.

[talk2dubya] 11/8/2021 08:44

hxxps://www.ironveld.com/initiatives.php


Is this new ? I see they are promoting this on Twitter.

Someone needs to point out wording and grammar errors:

Work to introduce a support program to similarly encourage academic excellence amongst male students in the project area ongoing with the support of the Imbumba foundation..

[underhill2] 10/8/2021 15:35

I dont care what you think. Im here for the medium/long term.With all GC companies you need a lot of patience

[hedgehog 100] 10/8/2021 13:12

Underhill2 7 Aug '21 - 18:04 - 3996 of 4005 0 0 0
"Sorry but I dont like tone of your message.
I asked if we could have an update. I asked for nothing else.
I am fully aware that they cannot release any sensitive information other than through an RNS"


Underhill,

Well then why are you complaining about not getting a reply?

You were asking a rhetorical question: i.e. in effect just stating that shareholders would like an update ... something that they are fully aware of anyway by reading IRON boards.
It didn't need a reply.

And even a reply such as: 'We will update next week' could potentially be viewed as inside info.

I'm sorry if you took offence though - I was being a bit facetious.

[ladeside] 10/8/2021 10:15

TDH, Yes and Van Niekirk is IIG from what I can ascertain.

[johncasey] 10/8/2021 00:04

news this friday apparently

[the dark horse] 09/8/2021 21:50

Tracarta = John Wardle of Amer fameMichinoko = secretive backer of Amer?CGiles Clarke = the boss of Amer pre saleI am hoping for a better outcome ;-)

[ladeside] 09/8/2021 18:13

List of our major shareholders, in case anyone is interested.

I'd also assume that part of the Align holding is held under "Monecor" as their spreadbet holding.

Tracarta Ltd. 103,713,568 7.88%
Niekerk Heine Van 102,174,963 7.76%
Align Research Ltd. 92,857,143 7.05%
Michinoko Ltd. 60,306,937 4.58%
Interactive Investor Ltd. 52,594,400 4.00%
Barclays Bank Plc (Private Banking) 49,985,144 3.80%
Monecor (London) Ltd. 44,353,338 3.37%
Africa Asia Capital Ltd. 38,838,317 2.95%
Brendan Kerr 35,000,000 2.66%
Charles Giles Clarke 29,749,281 2.26%

Incidentally, for all those feeling scunnered, I just happened to look through my Ironveld trading history today and noticed a large purchase back in 2013 at an eye watering 13.34p !!

Oh dear !! (as they say in the game).

[tommygriff] 09/8/2021 08:26

Why they didn't bring in another project to run alongside the one they have is beyond me!

[brut winky] 08/8/2021 10:21

At least we got a tweet last week, same as all the others, make me wonder how busy they are to find time for them !. Surely looking for cash elsewhere would be a better use of your time given the current progress of the mining operation.

[ladeside] 08/8/2021 09:57

The main problem is that the company were the ones who set expectations by stating "coming weeks", however most of us knew this was highly unlikely and would undoubtedly run into Months but ultimately they've set a rod for their own backs plus the lack of an update hasn't helped sentiment.

I topped up myself last week as assuming the deal is still on, then o.61 is an absolute steal as a risk / reward.

Apart from this, it's very telling that Align are still holding and as a huge supporter of GC both here and elsewhere, then we can assume that they will be putting pressure on from the sidelines.

The bottom line is that we require a definitive outcome as another holding RNS isn't going to achieve much for anyone, so if there's nothing to say, then probably for the best that they haven't said it.

Come on GC, get that "Deal done" RNS logged !!!!

[underhill2] 07/8/2021 18:07

Sorry but my reply was in response to Hedgehog no one else

[underhill2] 07/8/2021 18:04

Sorry but I dont like tone of your message.I asked if we could have an update. I asked for nothing else. I am fully aware that they cannot release any sensitive information other than through an RNS

[clarea] 07/8/2021 17:12

China trying to push down the price of iron ore this week.

[sabre6] 07/8/2021 11:49

Underhill
I would suggest you ask Newton what to do with your shares because I could not care less and you are only repeating what we all already know.
Maybe ask GC if he wants your shares.

[underhill2] 07/8/2021 11:10

What a load of nonsense is being posted here !What we need is an update. I may have to wrote off my 7 million shares. All companies run by GC dont care about the small private investors. The Company has ignored all my emails. Great customer relations - NOT !

[sabre6] 07/8/2021 09:59

What is Newtons theory of a dead cat bounce?

[hedgehog 100] 06/8/2021 17:24

Annie,

I'm not sure that Newton is a good guide on investment timing!

"The story of Newton’s losses in the South Sea Bubble has become one of the most famous in popular finance literature; surveying his losses, Newton allegedly said that he could “calculate the motions of the heavenly bodies, but not the madness of people.”"

[hedgehog 100] 06/8/2021 15:49

In comparison to IRON, FAR's (Ferro-Alloy Resources') total assets as at 31st. December were just US$6.759M.

And yet the company' market cap. at it's current share price of 30p is £115.19 million!

In addition, the in-situ value of IRON's metal (£tens of billions) is greater than that of FAR's, and they are also probably the closest comparable UK-listed companies to each other.

"Ironveld has a High Purity Iron, Vanadium and Titanium project located on the Northern Limb of the Bushveld Complex in Limpopo Province South Africa. This project has the potential to become a vertically integrated vanadium mining and processing business serving the increasing demand for vanadium in steel alloys and vanadium redox batteries.

The company holds unfettered rights to:

• 80 million tonnes of magnetite ore - the JORC compliant mineral resources demonstrates holds 1.6 billion pounds of Vanadium, the equivalent to four times annual global demand
• 32 million tons of High Purity Iron in situ
• 9 million tonnes of Titanium"



1.6 billion pounds of vanadium = 725,747 metric tons.

Compare to FAR's vanadium:

"MINERAL RESOURCE

The Balasausqandiq deposit is very large, with the centre of the estimated range being around 126 million tonnes of ore, equivalent to over 840,000 tonnes of V₂O₅ and equal to over four times the estimated annual world production of 2018. It is made up of five known ore-bodies"

[hedgehog 100] 06/8/2021 15:10

IRON's total assets as at 31st. December were £26.635M.: i.e. about 2p per share.
Which is just over three times IRON's current s.p.

And I'm hopeful that Giles Clarke is negotiating a similar deal here to that which he negotiated at KZG ... but without it's later complications.

KZG ended November at 0.85p.
On first December it announced that it was agreeing strategic funding terms at a premium reflective of its NAV.
The price was later revealed as €0.03142 per share: equivalent to about 2.7p/share: i.e. just over three times the 30th. November share price!

01/12/2020 11:27 UK Regulatory (RNS & others) Kazera Global PLC Namibia Update and Overview LSE:KZG Kazera Global Plc
"... Funding Update
... Accordingly, the Company is in the process of agreeing terms with the investor for an initial equity investment reflective of the Company's net asset value which is in excess of its current share price. This investment is conditional upon finalization of contractual agreements and receipt of funds from the investor. A further announcement will be made in due course. ..."


31/03/2021 07:01 UK Regulatory (RNS & others) Kazera Global PLC Interim Results for the 6-months ended 31 Dec 2020 LSE:KZG Kazera Global Plc
" ... Investment package agreed, subject only to banking due diligence, with a local Namibian investor for €9,130,000 via equity and convertible loans at a price of €0.03142 per share. ..."

[annie38] 06/8/2021 13:49

Sabre: Well I'm swayed by Newton who states that it has to hit the floor first !

[the dark horse] 06/8/2021 13:28

Hi annie- yes i see value at this level & whilst it could of course fall lower, even 42 is possible on chart, i am happy to keep topping up on the way down as this is a SIPP investment not a short term trade

[sabre6] 06/8/2021 12:42

The knife could bounce upwards at any time.