Ironveld Share Discussion Threads

[dipin1] 04/10/2023 12:37

Not a bad job is you can get it.. Post a few pointless tweets a month zzzz

[purchaseatthetop] 04/10/2023 11:44

It’s a treasure trove of interesting facts the IRON twitter is. Nothing thought relat3d to the business. I still love the photo of the statue of Mandela that proved some point*



*or not

[aceuk] 04/10/2023 11:37

Newish month, not a lot going on so we're trying to flog some titanium ;-)

[ladeside] 26/9/2023 15:23

None of us know how this will turn out but I've put my money where my mouth is for better or for worse. If I lose the lot (which I don't expect) it won't be life changing, so no major risk as far as I'm concerned.

We're pretty much at our all time low, so it's hardly surprising that there's little confidence here as everyone is underwater and some much more than others, however that's the nature of AIM and as we know it can all turn in an instant.

The next couple of weeks and months should reveal the direction of travel and whether or not today's prices are a steal or if the bod have been leading the investors up the garden path, personally I'm pretty confident of a favourable outcome but only time will tell......

[purchaseatthetop] 26/9/2023 10:53

Glad it’s just a theory!

[ladeside] 26/9/2023 10:42

The Webinar just further confirms my theory about proving up the quality of the product and the existing infrastructure and then it's likely to be taken out to a large premium of today's price but still much less than most would have hoped / expected.

The next step to get us going is for the company to confirm everything is fully operational and that we have buyers for all of our products and then a quick confirmation of us turning a profit wouldn't go amiss !!

Assuming the above happens and we have no further "nasties" appearing, then we should quickly be heading back to the 0.50 - 0.60 range.

Of course any positive funding deal for the HPI powder plant would also see us re-rate quickly, so very much all still to play for here and current prices looks like a steal.

[aceuk] 25/9/2023 14:06

Somewhere over the rainbow



LOL!

[al101uk] 24/9/2023 21:50

Don't think I ever watched that DDR, thanks.

[dead duck resources] 24/9/2023 19:08

Is it time for a change at the top here? CEO in place for nearly 4 years, lost 2/3rds of its value (0.78 to 0.28) albeit in a tough market. A City advisory background when the company needs someone to drive operational success. A nice guy but somewhat inept?

CEO quotes from last webinar;
“Our shareholders are in the money”
“this is very very small-scale mining”
“We’re really proud of what we've achieved”

[al101uk] 22/9/2023 16:44

Strange way to confirm to PI's that the offtake agreements are actually still in place :-/

[aceuk] 21/9/2023 11:50

Golly, this is an exciting and productive jolly 😊

[aceuk] 20/9/2023 21:18

Term I used "jolly" ;-)

[dead duck resources] 20/9/2023 20:30

The 9th annual Africa Mining Summit held at the Phakalane Golf Estate Hotel Resort;
2 intimate days of discussions, a visit to the Jwaneng Diamond mine, exhibition zones, a cultural dinner, and a golf day!
AMS enables more networking and face time through longer refreshment and lunch breaks.

Looks like a thin spread of speakers (2 separate talks by Ironveld and SEAM?) but it's ok as the organisers wanted long breaks in between anyway. Talk about spin merchants..

[aceuk] 20/9/2023 19:27

Our Martin updates us on his jolly

[malcolmmm] 20/9/2023 17:35

Sell and move on these are going nowhere

[ladeside] 20/9/2023 16:16

This is True Ace.

[purchaseatthetop] 20/9/2023 11:16

It’s not bashing a share. It’s called commentating on RNSs that the company themselves issue. Please comment in any way you like on the ENET board.

[aceuk] 20/9/2023 11:15

Noise?

Compared to lots of AIM stuff and some of Clarke's previous businesses this is positively tranquil!

[ladeside] 20/9/2023 11:13

Cutting through all the noise, the simple question is whether there is any value in a MCAP of under £10 Million.

If people believe that the assets and current state of development are worth more than £10 Million then they should be buying, if they don't, then they should be selling.

In reality it really is that simple !!

Personally I believe the major risks have all been removed and that it's materially undervalued so I'll continue to hold and indeed add at current levels.

[aceuk] 20/9/2023 10:33

Martin Eales off on a jolly to Botswana ;-)

[theaccountant2] 20/9/2023 08:11

Oh really, you announced while bashing IRON you bought more ENET...Well, today you look like a prize idiot!

[purchaseatthetop] 19/9/2023 20:09

Difficult to argue with that DDR summary.

[dead duck resources] 19/9/2023 20:01

Dead Duck Resources 29 Jun '23 - 12:36 - 7839 of 7967
When you look further into it you start to question the business model; a smelter so far from their quarrying activity, the very concept of mining the difficult Northern Limb, barely touched for a reason. Before long I would expect them to start using third party ore as a contractor, thin margins are better than hefty losses after all.

Dead Duck Resources 29 Jun '23 - 15:47 - 7841 of 7967
I was not questioning the smelter in and of itself, more the Northern Limb as the sole source and expect to see some contracts for third party ore announced in a future RNS.

RNS
"In August the smelter successfully processed a test quantity of third-party product to generate revenue and is expected to lead to a fixed term and quantity contract. In due course the fourth furnace at the smelter is also expected to be brought into production and may become available for third party contracts."
"General mining activities to provide the smelter with ore have created stockpiles"

[ladeside] 19/9/2023 19:12

The point is that they only NEED a couple of months assuming the furnaces are online and producing as planned.

The slow pace of progress is disappointing but there's certainly no material risk of any sort of company failure, as such I wish these insinuations would stop as those concerned know exactly what they're doing....