Ironveld Share Discussion Threads

[pointscorer] 25/10/2021 08:21

Volume is arrivng :-) Will tick up again imminently

[tomboyb] 25/10/2021 08:16

Thar she blows -

[pointscorer] 25/10/2021 08:12

1p broken and a strong start, full ask @ 1.05p being paid ;-)

[tomboyb] 25/10/2021 08:05

Premiums -

[tomboyb] 25/10/2021 08:01

to break 1p today -

[shanew48] 25/10/2021 00:34

15-20p + is probably a fair target before the end of this year presuming everything progresses as expected.

[shanew48] 24/10/2021 18:12

Yes, hopefully 2-3p + this week at some point on the back of Fridays transformational development, then once further news is released over the coming weeks who knows where the share price could end up come the end of this year! Very exciting prospects and share to be invested in moving forward now!

[ladeside] 24/10/2021 14:00

I'm actually hoping that "the herd" keep away.

For long termers getting a quick 50% isn't what it's all about and in fact these day traders tend to do more damage than good with their ramping nonsense / pump and dump tactics.

For me, it's all about newsflow over the coming weeks and months as GC gets the ducks all lined up.

Friday's RNS was just the first step (although a very important step) but the real rewards are unlikely to be seen until we hit production so still a long way to go and irrespective of any short term jumps in SP, it should be seen as a time to add as opposed to sell, however we all know that some who bought in recently will be happy enough to take their profit so it won't go up in a straight line I'm afraid, still, whatever the coming weeks bring, the mid to long term future now looks pretty bright I'd say......

[johncasey] 24/10/2021 13:06

FAR went from 10p to 45p on similar news

[johncasey] 24/10/2021 13:05

wouldnt surprise me if we hit 2p tomoro...news of this deal getting around now..the herd are frothing at the mouth to buy in..most missed the news because of the first 7am rns

[hedgehog 100] 24/10/2021 12:44

"IRONVELD – £5.6 MILLION INVESTMENT AT 1P TO ADVANCE TOWARDS PRODUCTION. BUY.
October 22, 2021 | Posted by admin

... Ironveld’s unique project is a hugely exciting asset in our view which has a JORC-compliant resource of 56.3Mt grading at 68.6% Fe2O3, 14.7% TiO2 and 1.12% V2O5. When in operation, the project should attract a lot of attention as it would be first project in South Africa that is capable of producing high purity iron (HPI), vanadium and titanium. There is huge potential that is beginning to finally be unlocked by new investment and Grosvenor’s access to further finance.

Once the mine and small on-site smelter are fully funded, production could commence in 12 months and so there is the real prospect of revenue and early cash flow. From that stage there will be plenty of opportunity to scale up the operation as there is no shortage of ore. Its crying out for a far larger project that could really begin to make the most of the serious potential that exists here. Reading between the lines, Grosvenor looks like the perfect partner as it has deep pockets and access to the sort of finance and offtake agreements that big international trading companies can provide. ...

Align initiated coverage on Ironveld in January 2021, when the stock was trading at 0.685p, with a Conviction Buy recommendation and a target price of 3.26p. Given the potential here plus the forthcoming newsflow now anticipated, Ironveld was one of our chosen stocks for 2021. If you can buy sub 1p (a discount to the level these investors have pumped major capital in at) we have no hesitation in reconfirming our stance at the current price and will be producing a full revised update note in the weeks ahead. We believe that Ironveld represents one of the most compelling small cap mining plays in the hot REM & battery metals sphere and where the risks of execution have been considerably cut with the news revealed this morning. ..."




Align's current initial target price for IRON OF 3.26p, from 7th. January 2021, is clearly looking absurdly low given IRON's news on Friday.

As such I would expect them to increase it very soon, very significantly.

Perhaps to about double or treble that level.

And there's no reason for them to to wait for their full revised update note either, so I will be watching out for an updated target price this coming week.

[hedgehog 100] 24/10/2021 12:28

From the Align Research report on Ironveld dated 7th. January 2021 -

"Demand for vanadium in the steel market has been forecast to grow by around 2.5% CAGR until 2027. However, demand for this metal looks as though it could rise substantially due to the advancement of VRFB technology. In a nutshell, VRFBs store energy in liquid vanadium electrolyte (which makes up to 80% of the VRFB) which never degrades. This looks like being the ultimate green energy storage system as the hardware can be recycled whilst the vanadium can be used repeatedly.

VRFBs are fast being heralded as the most sustainable and advanced technology available for large scale energy storage for electricity generated by solar and wind. These redox flow batteries can discharge and be recharged 20,000 times with little loss performance. In fact, VRFBs do seem to offer the potential to give rise to a true revolution in power grids and brand-new applications based on sustainable energy storage. The real key to the full-scale commercialisation of this green energy storage technology looks as though it really hinges on having a sustainable supply of vanadium.

For these sorts of reasons, the World Bank in a 2019 report on battery metals reckoned that vanadium would be one of the top five minerals to see a significant increase in demand by 2050 on the back of a forecasted 500% increase in demand for battery metals. This is all in order to meet the mushrooming demand for clean energy technologies."

[hedgehog 100] 24/10/2021 12:27

"Can Vanadium Flow Batteries beat Li-ion for utility-scale storage?
September 4, 2019 by James Conca

It’s taken 40 years for lithium-ion battery technology to evolve into its current state, powering everything from the smallest electronic devices to Tesla’s 100MW battery farm in southern Australia. But utility-scale Li-ion batteries are rare. 99% of grid storage today is pumped hydro, a solution that will always be limited by geographical and environmental constraints. For utility-scale chemical batteries to take off they need a new technology, says Jim Conca, and that technology is the Vanadium Flow Battery. He explains how the V-flow battery outcompetes Li-ion, and any other solid battery, for utility-scale applications. They’re safer, more scalable, longer-lasting, and there’s much more Vanadium than Lithium in the Earth’s crust. But commercialisation suffers from the high cost of Vanadium extraction. So researchers are working on how to store more electricity through improved chemistry, and improved cell and stack designs. And, of course, lowering the cost of that Vanadium extraction. Conca plots a pathway to making V-flow batteries less than half the cost of Li-ion per kWh. ..."

[shanew48] 23/10/2021 22:12

Yes, 170 bags would be very nice from here!

[bigwavedave] 23/10/2021 20:51

The Dark Horse - Hi, good to have you here. I look forward to your charting insight.I know what you mean about feeling "jaded" from the Amerisur experience but I had some IRON shares from way back when AMER was on the ascendancy. Should've dumped them, of course, but didn't.I've since bought more, believing that there is still real value to be realised here.It needs to rise a bit more for me to break even but it's not far away.I think that John Wardle bought in at about 6p so he has further to go than me!PS: I made a decent return on EUA with a modest stake (not as much as Underhill!) Sold too soon, as it turned out but, hey-ho, happy with my decision.

[ahhh luke warm] 23/10/2021 20:26

Exactly Hedgehog, a lengthy period of re-rating highlighted as opposed to the rampy and incorrect few months. I joined EUA @ .9p and still hold :-)

[ladeside] 23/10/2021 20:26

Don't know if we've RECEIVED BACK our £530k deposit or whether this is still a live interest ???

- Ironveld - the owner of a high purity iron, vanadium and titanium project in Limpopo Province, South Africa - has reported significant progress in moving towards production.

The company said it was confident of closing the funding arrangements necessary for the potential acquisition of the Middelburg smelting facility and once this was complete, it would undertake the refurbishment necessary to process its magnetite ore to produce HPI, vanadium and titanium slag.

It said that in the interim period, through its wholly owned subsidiary, Ironveld Middelburg, it had taken management and operational control of the Middelburg smelting business.

The company said it had put down R8.8m (c.£530k) as a refundable deposit towards the potential acquisition of the Middelburg smelting facility in exchange for a period of exclusivity to conclude the potential acquisition and in the interim, to take over the management and operation of the facility.

[hedgehog 100] 23/10/2021 20:02

Ahhh Luke Warm,

The memory can tend to compress time frames, but over a longer period EUA actually multibagged even more than Shane has said.

Eurasia Mining (EUA) 170-bagged from early 2018 to late 2020.

To a market cap. at 40p of well over a billion pounds.





A key point is that one major, game-changing piece of news can start a lengthy period of re-rating back upwards and ongoing gains.

[ahhh luke warm] 23/10/2021 19:45

Shanew48,what calendar and chart are you using to suggest that EUA went from 1p to 45p in just a few months? Would you be so kind as to go take a look, take into account the time spent in suspension and then update that very incorrect statement. What's with the nonsense? Thx. ALW

[johncasey] 23/10/2021 16:15

share price reacted like eua when they announced similar news..it went up from 0.5p to 1p on the day i think then kept rising to 4p before falling back to 2p..i think iron will do likewise,at least they dont have to put up with harsh winter freeze ups like eurasia..good mining country...if FAR can make £100m market cap no reason why iron cant

[shanew48] 23/10/2021 15:56

Yes, EUA like potential here now, look where they were until everything turned around and they went from 1p to 45p in just a few months, just goes to show it only takes one bit of positive news to change the whole complexion of an investment.

[ladeside] 23/10/2021 14:24

BWD, Yes, I thought we might have settled at around 1.20 - 1.40 or so yesterday, however I always think back to Amer and how the little 3% to 5% daily jumps saw us sitting at 3p one minute and 6 weeks later we had settled at 8p without attracting any attention. We then saw a similar rise to 16p - 20p range, again, without any sort of big jumps or real reason for it.

Personally I'd much prefer that sort of action here as opposed to the big jumps as that tends to keep the day traders away and keeps your share price genuine.

What we can be assured of, is that GC has planned a few steps ahead of what's currently in the public domain, as such I think there could be a few pleasant surprises for us over the coming weeks and months.

People are talking about price targets but that's really difficult as the picture keeps changing, currently we're still a long way from production but that is priced in at a £12m mcap, give us the ratification of the deal and the confirmation of the Luge licence and you can probably add another £6m, then you have the change in sentiment and the good publicity which could maybe add a further £5 or £6 million ??

Ultimately newsflow will be the driver here and if we can secure further funding and get our smelter up and running then you're looking at moving to being a producer and from then we're a different animal.

Offtake agreements, larger smelter, takeover rumours, who knows where we could end up ? but as I said before, we're totally de-risked at 1.25 -1.50 and we should just sit back and see where it takes us....

[the dark horse] 23/10/2021 14:14

Hi bwd, good to see you well. This has taken longer than hoped but we should have expected that with a GC company ! I fortunately only invested recently as i was so jaded by Amer that i couldn't bring myself to go where both GC & JW were involved or invested!However the asset has always been there and the chart warned me not to ignore even if a few months early.Let's hope this is beginning of a good runtdh