Ironveld Share Discussion Threads

[givmesunshine] 09/11/2021 10:14

AIM amazes me - all you need is to hold a stock you buy for more than one week- this is going places - glad i took the Top Up

[sabre6] 09/11/2021 09:44

Plan xyz
To raise additional funding and not dilute existing SP
Rights issue to existing shareholders at 1p same price the other investors brought in at. I am sure most existing shareholders would go for it.

[hedgehog 100] 09/11/2021 09:17

A couple of extracts from Align Research's 7.1.21 research note on Ironveld (IRON):-

"Ironveld’s undeveloped and unique project covers a shallow mineralised zone which has a JORC-compliant resource of 56.4 million tonnes (Mt) grading at 68.6% Fe2O3, 14.7% TiO2 and 1.12% V2O5 was delineated in 2013 for the project."

"Magnetite ore could be simply dug up, crushed and without any further processing and sold for use in dense media separation (DMS)."






I.e. this is an open-pit project, as you would expect, which means huge reductions in time, costs, and risks.

No expensive shafts and tunnels are required, and the ore is far more accessible.


"Benefits of open-pit mining include:

• Ease-of-use for mass production
• Small shut-down expense
• Ability to mine selectively for certain grades of ore
• Comparatively small crew size
• Elimination of safety hazards that can accompany complex underground mining operations
• Easy drainage of subsurface water
• No machinery restrictions - even heavy and bulky machinery can be utilized
• Lower capital and operating costs"

[malcolmmm] 09/11/2021 08:57

Hopefully. I have been drip feeding buys, may add today

[givmesunshine] 09/11/2021 08:49

Looks like people have started to notice value here

[hedgehog 100] 08/11/2021 17:01

Some key Ironveld points for newbies are:

• Huge JORC compliant mineral resources: the in-situ value of IRON's metals is somewhere in the region of US$100 billion.
(In comparison, KZG's flagship project has tantalum-lithium JORC resources with an in-situ value of well under 100 million US dollars, i.e. under a thousandth of IRON's HPI-vanadium-titanium resources in-situ value, albeit KZG also has a HMS project and a diamonds project. )

• 'Shovel-ready' project: the necessary definitive feasibility study (2014), mining licences, environmental approval, and power supply confirmation have all been obtained.
(IRON's Lunge mining right approval which is expected soon is for a 20% extension to IRON's main mineral resource.)

• Potential to be the world's lowest-cost HPI producer.

• Project life is in excess of 100 years and highly scalable.

• A play on the developing battery metals bull market, electric vehicles, and 3D printing.

• IRON chairman Giles Clarke and CEO Martin Eales have achieved huge success previously.

• Strong period of positive newsflow should just be starting.

• Potentially a real takeover target.

In conclusion, a project of this size and quality, this close to production, with a positive market outlook, should quite simply be valued far higher.

[hedgehog 100] 08/11/2021 13:06

With Ironveld now moving swiftly into project development mode, its vast HPI-vanadium-titanium project could be a real target for majors, which could see it acquired for a relative fortune.


For example, southern Africa uranium mining company Uramin was founded by Stephen Dattels and Jim Mellon in 2005 with just $100,000.
It floated on AIM in 2006, and was sold to Areva in 2007 for circa £1.6 billion.

Uramin (UMN):

[givmesunshine] 08/11/2021 12:51

That's nice rise - I added as well this morning - no more for me now - but what a bargain @.92

[annie38] 08/11/2021 11:49

Well that was well timed ! Managed to pick up some at 0.904 this morning. May well push on tmw or Wednesday with news from the G.M.

[aceuk] 08/11/2021 11:14

Good job I winked :-)))))

[malcolmmm] 08/11/2021 10:38

Buyers seem to be returning, might build up some momentum

[hedgehog 100] 07/11/2021 13:49

"Ironveld plc@IronveldPLC·Nov 4
VRFBs are an emerging solution for renewable energy storage, and demand for it is set to increase 161% from 2020 levels by 2050. #Vanadium $Vanadium"


Ace,

That tweet was on Thursday morning, 3 days ago, and the share price rose the day afterwards.
And it rose on 22.10, 25.10, and 26.10, all of which days they tweeted on.

[aceuk] 07/11/2021 13:26

They've Tweeted again so expect a down day tomorrow ;-)

[hedgehog 100] 07/11/2021 10:49

In March, FAR announced strategic funding at 9p, comparable to the strategic funding IRON has announced today at 1p:

15/03/2021 07:01 UK Regulatory (RNS & others) Ferro-Alloy Resources Limited Strategic Investment & Appointment of Chairman LSE:FAR Ferro-alloy Resources Limited
"Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman ...
-- Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") ...
-- Proceeds of the total funding package will be used to:
o Complete the expansion of the existing, cashflow generating, processing facilities
o Complete the Bankable Feasibility Study ("FS") on the Company's large scale, low cost Balasausqandiq Vanadium Project ("Balausa Project") ...
Construction funding rights:
In addition to the Initial Investment and Further Investment Rights outlined above, VBR will retain the right to further invest up to US$30m in FAR based on pre-agreed share prices. These rights will only be triggered in the event that FAR launches a process to raise capital for the construction of the Balausa Project and where the Initial Investment and the Further Investment have been exercised.
A summary of the terms are outlined below:
a) Right to purchase US$10m of additional shares in FAR at a share price of 25.0 pence per share, equating to a pre-money market valuation of US$150m, at the agreed exchange rate
b) Right to purchase US$20m of additional shares in FAR at a share price of 78.0 pence per share, equating to a pre-money market valuation of US$500m, at the agreed exchange rate ..."



The March deal sent FAR rocketing to over 40p - although it took a week to get there - a market cap. of well over £100M.

Why hasn't IRON performed as well yet in comparison?
Especially as IRON's project is larger and more advanced than FAR's?

I think that a major factor is that FAR's funding package came with an agreement for FAR rights to invest more at far higher prices: share price levels nearly three times higher, and nearly nine times higher.


So the different exciting funding structures that IRON is looking at with Grosvenor could be a real opportunity to help achieve something similar.

E.g. CLNs (convertible loan notes) funding with conversion prices at multiples of the 1p level.

[hedgehog 100] 07/11/2021 10:28

This 26.10.21 IRON video interview has been posted about on this thread before, but it's well worth revisiting:

"Ironveld on its way to production
525 views
Oct 26, 2021
Martin Eales, CEO of AIM-listed Ironveld, says after establishing a new partnership in Grosvenor Resources, including a cash injection, the company is now on target to start production in 12 months. As Eales explains to IGTV's Jeremy Naylor, its products are likely to be sold to one offtake and it is likely to be in the automotive sector."


Here are some key points from it:

They have a magnetite deposit, not an iron ore bulk commodity project for steel.
It will be speciality metals production, processing ore into very, very high purity iron for powders for manufacturing.
This involves less cost, waste, and energy.
It's a hugely exciting market, including 3D printing, where metals are overtaking plastics.
Grosvenor can't invest over 30% without making a bid, so they're looking at different exciting funding structures with Grosvenor to get the remaining funding, which should happen in a fairly short term time frame.
Hope to be in production in 12 months.
They will build a smelter on site next to the mine.
The key market for iron powders is auto parts manufacturers, where there are 5 or 6 major manufacturers of metals powders.
They've talked to all of them, and expect to be selling to one (for simplicity) or a few offtake partners there.
They already have a vanadium offtake agreement.
They're working on a titanium offtake agreement.
They will have no problem selling their production.
Declared resource of 56 million tonnes: will keep them going for decades.
Intend to scale up production from the initial 5MW smelter.
Sees this as the beginning of a long term share price appreciation.
Will probably be fully-funded within the next couple of months.

[malcolmmm] 04/11/2021 23:48

Chart wise the share price is volatile and low so imo its best to add on the dips and await news which is coming, hopefully soon.

[malcolmmm] 04/11/2021 23:43

Spreadex is quite happy to take bets short or long so imo that is positive for a small aim share

[ladeside] 04/11/2021 20:18

Most of us have been here for years and have no interest in reading ramping or deramping posts, we know the fundamentals and we've done our research so we'll just leave all the childish stuff to others and wait for the re-rate which will have to come at some point in the not too distant future !!

If anyone wants to play guessing games, mine would be as follows,

Ratification of first tranche of funds (next Tuesday) -- 1.5p - 2p

News of full funding and Luge licences (Within next 8 weeks) and run up to production (within 12 months) -- 3p -5p

Phase 1 Production 5p - 10p

Phase 2 and onwards -- Anyone's Guess and maybe a take out offer from a Major / Chinese ???

All finger in the wind stuff but certainly not unrealistic.

[roughandtumbleone] 04/11/2021 18:36

It's astonishing that people are so short sighted and sell when they're underwater.They have a group of investors who are prepared to take a position to the tune of almost 30 percent and clearly have openly stated they have access to the additional funding...So if anyone can explain how the share price is now 15% below what they are prepared to pay is beyond me...I love opportunities like this. Like I stated the other day, an example of QBT. John storey invested at 1p...it went to 4p...he sold it went back to 0.82 and low and behold back to 4p...relax and take your positions. Set your exit plan and execute it to the T. Don't deviate or wander off piste.

[givmesunshine] 04/11/2021 17:22

I feel reluctant to add and it would break my rules - but it would make sense at these levels .

[ladeside] 04/11/2021 15:20

Utterly mental drop, the question is, are they letting someone in or letting someone out ???

Irrespective, the story is the same as it was 2 weeks back when we were allowing sells at 1.35 and people were more than happy to buy at 1.40 !!!

Nothing has changed other than the quick buck brigade getting bored and a bit of price manipulation behind the scenes.

Don't lose sight of the facts, our new partners were happy to pay 1p (over 50% above the then SP) and 15% above today's share price

THAT'S ALL I NEED TO KNOW.........

[luckyabbeygale] 04/11/2021 14:56

Looking good for a blue finish.

[johncasey] 04/11/2021 14:47

Ironveld plc
@IronveldPLC
·
5h
VRFBs are an emerging solution for renewable energy storage, and demand for it is set to increase 161% from 2020 levels by 2050. #Vanadium $Vanadium