Ironveld Share Discussion Threads

[talk2dubya] 02/9/2021 10:21

I understand that there was some recent, albeit very limited, site activity.

They have put a fence back in place where the proposed smelter is going to be.

[sabre6] 01/9/2021 11:50

In house clean up and notification of shares to company house and preparation of site for smelter, funding must be just round the corner.
When the deal is done with Kzg Iron share price will increase and vice versa once the market realises that the board is capable of doing a deal.

[talk2dubya] 01/9/2021 07:41

Interesting RNS over at KZG where Nick Harris and Giles Clarke are on the BoD.

They have acknowledged that funding has taken longer than anticipated, but remain confident.

3 months here now and nothing of the sort.

[talk2dubya] 31/8/2021 20:34

I believe things are moving.

[escapetohome] 31/8/2021 20:11

Taking their time , but I hope it’s worth it

[talk2dubya] 31/8/2021 19:55

Possible Corporate Transaction



On 30 March 2021, the Company announced that it was in talks with a South African investor seeking to take a substantial strategic equity stake at the listed company level. Whilst progress on the transaction has taken longer than initially expected, positive discussions have continued and the Directors remain optimistic that a deal can soon be concluded.


Hopefully soon does not mean weeks. Feeling confident here.

[underhill2] 31/8/2021 19:25

Im expecting some news in the next few weeks which hopefully will be positive.

[talk2dubya] 31/8/2021 18:02

Think that might be very well timed.

[underhill2] 31/8/2021 15:00

I bough a further 500k to add to my holding

[talk2dubya] 31/8/2021 14:54

Not massive but it has been nearly all buys today.

I do wonder if there will be a new Company name with financing, they are really pushing the Vanadium angle.

[underhill2] 31/8/2021 14:19

Hardly massive ! Just normal trading

[cloud9surfer] 31/8/2021 14:05

Massive buy pressure building again!

[talk2dubya] 30/8/2021 17:07

hxxps://www.nextsourcematerials.com/posts/nextsource-materials-announces-appointment-of-leading-mining-executive-and-former-ceo-of-xstrata-nickel-to-its-board-of-directors-as-it-advances-its-vertically-integrated-mine-strategy/

Sir Mick Davis, Chair of NextSource Materials commented:

"On behalf of the Board, I am delighted to welcome Ian to the NextSource team. I have had the privilege of working with him during our time together at Xstrata and X2 Resources. With his extensive mining operations experience as well as his environmental, sustainability and corporate governance expertise, he will be an important addition to our team as we execute our strategy to become a vertically integrated and global supplier of critical battery materials that will power the world's transition to clean energy."

hxxps://www.ironveld.com/index.php
Updated in August

This project has the potential to become a vertically integrated vanadium mining and processing business

[vatnabrekk] 30/8/2021 14:28

Thanks talk2dubya. I was kinda hoping they would revert to the original plan, the 15MW smelter. That project was looking hot when I first got involved here, in 2015!

[talk2dubya] 30/8/2021 14:17

Sorry 36m GBP. Eksom that power infrastructure, no reason they cannot do it.

[talk2dubya] 30/8/2021 14:11

I think they have gone back to the plan on the original DFS, which would require 36m USD in funding.

[vatnabrekk] 30/8/2021 14:05

So is that for construction of the original 15MW smelter?

[talk2dubya] 30/8/2021 12:25

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

In April 2017, the Board took the strategic decision to shift the immediate focus from constructing a 15 MW smelter to acquiring a 7.5 MW smelting facility and associated independent power plant in Middelburg, South Africa. Negotiations are currently in progress.



This aerial shot captures a small portion of $IRON's licence area on the Bushveld Complex, which is where preparations are being made for construction of the smelter

[hedgehog 100] 28/8/2021 14:28

It's also been a great year for vanadium, to complete the vanadium-iron-titanium hat-trick.

Currently U$9.6/lb. in Europe, a near-doubling from US$5/lb. just last November:

V2O5 Vanadium Pentoxide Flake 98% Price USD / lb
Europe : US$9.60/lb (0.00%)
Aug 27, 2021

[talk2dubya] 28/8/2021 12:22

Literally ticks all the boxes - he also knows the Bushveld complex extremely well from xstrata days. Also why are Ironveld promoting ESG so heavily on Twitter right now?

Interesting in an interview I saw, he is also after listed Companies trading significantly below asset value.

I am hoping we will get one major RNS that materially rerate this share.

[hedgehog 100] 28/8/2021 12:20

Vision Blue Resources press releases:

"PRESS RELEASES

Launch of Vision Blue and first investment in NextSource
8 Feb 2021

Vision Blue & EMG close $300 million SPAC, ESM Acquisition Corporation
15 Mar 2021

Vision Blue Resources strategic investment in Ferro-Alloy Resources Limited
15 Mar 2021"




Vision Blue are clearly due another strategic investment into a new addition to their still small portfolio.

[hedgehog 100] 28/8/2021 11:56

The strategy of Mick Davis's Vision Blue Resources:

"OUR STRATEGY

We invest in undervalued and undercapitalised mining and processing companies:

• In established mining jurisdictions that are strategically important for customers
• With well defined, advanced, scalable assets and committed management
• That have low logistics, processing and technological risks with a clear path to new or expanded production
• That have direct exposure to clean energy generation, storage and related infrastructure
• That are implementing a best in class ESG framework
• We will also create a path to facilitate emerging but proven technologies that will enhance the value of strategically important metals and minerals and drive ongoing efficiencies in a resource constrained world."




And Ironveld looks like an ideal fit, meeting all of the listed criteria.