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Share Name Share Symbol Market Type Share ISIN Share Description
Ironveld Plc LSE:IRON London Ordinary Share GB0030426455 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.035 -4.7% 0.71 2,761,202 09:27:52
Bid Price Offer Price High Price Low Price Open Price
0.70 0.72 0.745 0.71 0.745
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -1.02 -0.16 9
Last Trade Time Trade Type Trade Size Trade Price Currency
15:56:05 O 500,000 0.708 GBX

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Ironveld (IRON) Top Chat Posts

DateSubject
20/9/2021
09:20
Ironveld Daily Update: Ironveld Plc is listed in the Mining sector of the London Stock Exchange with ticker IRON. The last closing price for Ironveld was 0.75p.
Ironveld Plc has a 4 week average price of 0.69p and a 12 week average price of 0.61p.
The 1 year high share price is 1.33p while the 1 year low share price is currently 0.34p.
There are currently 1,316,440,372 shares in issue and the average daily traded volume is 822,679 shares. The market capitalisation of Ironveld Plc is £9,346,726.64.
07/9/2021
15:20
hedgehog 100: 07/09/2021 07:00 UK Regulatory (RNS & others) Kazera Global PLC Exclusive Tantalum Off-Take Agreement LSE:KZG Kazera Global Plc "Kazera Global plc, the AIM quoted investment company, is pleased to report that, following the conclusion of its plan to commence Tantalum production at its mine in Tantalite Valley, as announced on 1 September 2021, it has now entered into an Off-Take Agreement for the sale of all Tantalum produced by it. ..." https://uk.advfn.com/stock-market/london/kazera-global-KZG/share-news/Kazera-Global-PLC-Exclusive-Tantalum-Off-Take-Agre/85991912 Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade 0.10 7.27% 1.475 1.45 1.50 1.60 1.45 1.475 10,016,434 12:51:56 KZG announced an off-take agreement today, which bodes well for IRON doing the same soon. KZG's rise today hasn't been great though (currently up 7.27% at 1.475p), probably because its delayed strategic funding is continuing to cast uncertainty. This highlights the importance of IRON's strategic funding, expected imminently. With that sorted, the brakes will be off, and subsequent good ongoing project development news should be able to push IRON on to further gains.
01/9/2021
11:50
sabre6: 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.
24/8/2021
15:34
hedgehog 100: Al101uk, I don't know if you noticed, but none of the historical extracts etc. you have listed in posts 4069 and 4072 above actually use the words "coming weeks" or "soon", or anything as comparably early, which the company has used this year. This is despite the fact that you would expect IRON to be cautious in its pronouncements after previous disappointments. Previously it wasn't the right time, but now it is. 30/03/2021 07:00 UK Regulatory (RNS & others) Ironveld PLC Interim results for the 6 months ended 31 Dec 2020 LSE:IRON Ironveld Plc " ... Talks at an advanced stage with a major partner seeking to take a strategic equity stake in the Company at a premium to the current share price. Martin Eales, CEO, said: "The six months to December 2020 ultimately proved frustrating and despite best efforts, we were unable to conclude the envisaged transaction with IIG. We have, however, made material progress on a possible alternative transaction in the early part of this year, which we hope to conclude in the coming weeks. "We thank our shareholders for their support in the recent equity Placing and look forward to providing further updates as we make continued progress." ... Possible transaction The Company is at an advanced stage in talks with an investor seeking to take a substantial strategic equity stake at the listed company level at a premium to the current share price in order to assist the Group with the next stage of its development. Whilst there are currently no guarantees that such a transaction will be completed or by when, the Directors are hopeful of being able to conclude a meaningful transaction in the coming weeks. ..." https://uk.advfn.com/stock-market/london/ironveld-IRON/share-news/Ironveld-PLC-Interim-results-for-the-6-months-ende/84696364 01/06/2021 07:00 UKREG Ironveld PLC Luge Mining Right Application Accepted " ... 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. ..." https://uk.advfn.com/stock-market/london/ironveld-IRON/share-news/Ironveld-PLC-Luge-Mining-Right-Application-Accepte/85247514
23/8/2021
23:00
al101uk: June 2017 The Company is presently engaged in discussions with a number of potential providers of project finance and anticipates these will lead to an offer to enable the purchase and refurbishment of the 7.5 MW Smelting Plant. July 2017 The Company is confident of closing the funding arrangements necessary for the potential acquisition of the Middelburg Smelting facility. Ironveld Middelburg has sourced material that could be melted in the induction furnaces at the Middelburg Smelting facility and is expecting to be cash flow positive in August. October 2017 The Company continues to negotiate to secure the funding for the necessary upgrades and refurbishment to allow for the processing of the Company's own magnetite ore through the 7.5 MW smelter facility and remains confident of successfully concluding such funding arrangements. Advanced discussions are ongoing with a number of parties, two of whom have completed their due diligence and are in the process of concluding their respective internal approval processes. Feb 2018 The Company is presently focused on concluding the financing for the acquisition of the 7.5 MW smelting facility and associated independent power plant in Middelburg, South Africa from Siyanda Inkwali Smelting Services March 2018 The Company remains in advanced discussions with a number of funding providers for the potential acquisition of the Middelburg Smelting facility Sept 2018 Something changed... "The long-term objective remains to operate our own smelting capacity to process the large Vanadiferous Titaniferous Magnetite resource at the Project." and news switched to a potential offtake partner. The Smelter deal appears to have fallen through at this point, but that is never explicitly stated. Not a good look! Nov 2018 Placing for "Proceeds of the Placing will be used to fund the purchase of a secondary gyratory crusher and magnetic separation equipment that will be used to process the Company's magnetite ore in order to meet offtake specifications set by a potential off-take partner for commercial scale testing and for general working capital purposes." Dec 2018 Shiping ore to an offtake partner is the new story with the longer term target remaining to become a production led mining company and processing its ore on site. Jan 2019 the Company has received numerous enquiries from potential development partners, a number of whom have carried out extensive due diligence Feb 2019 Offtake discussions, partner discussions, blah blah. July 2019 Expression of interest to buy assets of the company. Dec 2019 Commercial agreement could not be agreed with offtake partner, sale process making progress. Appointment of Chief Executive Officer, Martin Eales. March 2020 Potential Fundraising with IIG at 0.42p for £2.7 million with further deals to follow. Also IIG agreed to extend a loan of £840,000 to Ironveld on completion of the Subscription. The Loan Facility will attract interest at a rate of 8 per cent. per annum, will be repayable 24 months from the date of drawdown and convertible at the option of IIG at the Issue Price. Should IIG choose to convert the loan and all accrued interest at the end of the loan term (and also assuming no further shares are issued by the Company other than those included in this announcement and constant exchange rates), they will be issued with a further 233,373,349 shares, taking its holding to 46.8 per cent. of the Company's issued share capital. Ironveld and IIG have agreed that IIG will nominate two non-executive Directors to Ironveld's Board following completion of the Fundraising. June 2020 Due to the timescale of this financing and the impact of COVID-19 restrictions we have agreed to IIG's request to extend the period for exercising the Option to 30 September 2020. September 2020 IIG and Ironveld have agreed a further extension to the exercise date in terms of the Option Agreement between IIG and Ironveld, from 30 September 2020 to 30 November 2020 November 2020 The Company and IIG remain in constructive discussions about a future partnership, which may involve further funding and/or conversion into equity of some or all of the funding IIG has provided to date (£800K), but have agreed that the Option Agreement will not be extended on its current terms and will now lapse as at 30 November 2020. December 2020 The Company continues to engage with a range of parties with a view to an alternative funding transaction or strategic partnership and expects to conclude this in 2021. March 2021 Talks at an advanced stage with a major partner seeking to take a strategic equity stake in the Company at a premium to the current share price.
12/8/2021
11:41
hedgehog 100: 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 Ferro Alloy Resources Limited (LSE: FAR), the vanadium mining and processing company with operations based in Southern Kazakhstan, is pleased to announce that it has today entered into a subscription agreement ("Subscription Agreement") for up to US$12.6m with Vision Blue Resources ("Vision Blue" or "VBR"), a company led and founded by former Xstrata CEO Sir Mick Davis, and a limited number of co-investors ("Co-Investors"). Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement. Chris Thomas, current Chairman of FAR, will resume the role of Non-Executive Director on Sir Mick Davis's appointment. Highlights -- Total funding package of up to US$12.6m at a subscription price of 9 pence per share (the "Issue Price") ... 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 ..." https://uk.advfn.com/stock-market/london/ferro-alloy-resources-FAR/share-news/Ferro-Alloy-Resources-Limited-Strategic-Investment/84572613 If the South African strategic investor that IRON is in advanced talks with is Mick Davis, as believed, than his Vision Blue Resources investment into FAR could set a template for the strategic funding deal here. And a comparable deal here could potentially be an initial strategic investment at about 2p per share (IRON's NAV), with right to invest at multiples of that: e.g. 5p and 15p. The March Vision Blue deal sent FAR rocketing to a market cap. of well over £100M. - currently £108.58 million at 28.75p. If IRON moves to a market cap. of £100M. on a pre-new-money basis, that would equate to a share price of 7.6p.
06/8/2021
15:49
hedgehog 100: 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" HTTP://www.ironveld.com/ 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" HTTP://www.ferro-alloy.com/en/project/mineral-resource/
06/8/2021
15:10
hedgehog 100: 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. ..." https://uk.advfn.com/stock-market/london/kazera-global-KZG/share-news/Kazera-Global-PLC-Namibia-Update-and-Overview/83799377 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. ..." https://uk.advfn.com/stock-market/london/kazera-global-KZG/share-news/Kazera-Global-PLC-Interim-Results-for-the-6-months/84709880
16/7/2021
12:38
hedgehog 100: Is IRON's intended South African investor Mick Davis? The timing of IRON's 30th. March statement, that they were in advanced talks for such an investment, certainly fits well time-wise with the launch of Mick Davis's Vision Blue fund. 30/03/2021 07:00 UK Regulatory (RNS & others) Ironveld PLC Interim results for the 6 months ended 31 Dec 2020 LSE:IRON Ironveld Plc " ... Talks at an advanced stage with a major partner seeking to take a strategic equity stake in the Company at a premium to the current share price. ... Possible transaction The Company is at an advanced stage in talks with an investor seeking to take a substantial strategic equity stake at the listed company level at a premium to the current share price in order to assist the Group with the next stage of its development. Whilst there are currently no guarantees that such a transaction will be completed or by when, the Directors are hopeful of being able to conclude a meaningful transaction in the coming weeks. ..." https://uk.advfn.com/stock-market/london/ironveld-IRON/share-news/Ironveld-PLC-Interim-results-for-the-6-months-ende/84696364 "Launch of Vision Blue Resources, closure of US$60m fundraising and first investment in NextSource Materials Highlights • Vision Blue Resources launched by Sir Mick Davis to rapidly build a portfolio of strategically significant investments in battery mineral assets • First fundraising of US$60m concluded in 5 weeks to complete imminent transactions • Initial investment of US$29.5m in NextSource Materials to: o Bring high quality Molo Project in Madagascar into production in less than 1 year, with significant further expansion potential o Investigate potential to produce purified graphite for lithium-ion batteries in electric vehicles • Pipeline of future investments already identified with further fundraisings by VBR expected in 2021 in response to expressions of investor interest London 8, February 2021 ... Mick Davis said: ... “The impact of rapidly growing demand for battery minerals is likely to lead to a surge in demand for specific commodities that will dwarf anything the mining industry has ever seen before, including the commodity impact of China’s industrialisation in the last 20 years. In combination with this surge in demand, a failure to develop new sources of supply highlights the need to ensure that critical mining assets are immediately financed and brought to production. ... In addition to supplying traditional markets for graphite and rapidly growing electric battery materials markets the Project is well positioned to meet demand for heat dissipating materials in modern electronics systems including increasing needs for 5G rollouts.” " HTTP://www.vision-blue.com/
20/6/2021
06:07
johncasey: interesting choice of verb ..we 'will' ronveld plc @IronveldPLC · Jun 16 #Vanadium pricing is witnessing a surge as the global annual demand continues to grow. This is driven by increasing Chinese demand & advancements in technology for vanadium redox #batteries that can support the delivery of energy from #wind or #solar power stations #IRON $IRON Ironveld plc @IronveldPLC · Jun 7 Did you know... #Titanium is as strong as #steel but much less dense and is therefore commonly used as an alloying agent with an array of metals. These metals are then used in spacecraft, golf clubs & laptops because of their low density and ability to withstand high temperature Ironveld plc @IronveldPLC · Jun 2 Our smelting process extracts 3 value products from our asset's ore: High Purity Iron, Vanadium Slag & Titanium Slag. Mined ore is crushed, processed through a DC furnace, heated & exposed to further treatments depending on the metal. Find out more here: hxxp://ow.ly/4cPu50F0T8g Ironveld plc @IronveldPLC · Jun 1 Our subsidiary company, Luge Prospecting & Mining Ltd, has had a Mining Right application accepted in respect of vanadiferous-titaniferous magnetite over the farms Luge 697 LR & Non Plus Ultra 683 LR, due to be granted in the second half of this year hxxp://ow.ly/vVsK50EZIaZ #IRON Ironveld plc @IronveldPLC · May 26 The demand for HPI powder, which #IRON will produce from our Bushveld asset, continues to increase with the rise in popularity of #EVs. EVs, which are forecast to account for 10% of global vehicle sales by 2025, require the lighter weight and thermal management the powder offers
11/5/2021
21:52
johncasey: Bushveld Minerals Share Price: Global Vanadium Ore Market Set To Grow In 2021 Bushveld Minerals Share Price Eight days into 2021 the Bushveld Minerals share price reached 22.9p, surpassing its pre-pandemic high of 21.5p. However, since then it has been a rocky few months for the primary vanadium producer, as its share price now stands at 16.92p per share. Following a strike by employees which was quickly resolved in April, investors are curious about what the remainder of 2021 holds for Bushveld. On a positive note, the outlook for the vanadium market over the next year and beyond could bode well for Bushveld. Strike at Bushveld’s Vametco mine It was reported back in April that workers at the AIM-listed company’s Vametco mine in South Africa went on a strike to protest an employee participation plan (EPP). The strike came despite employees already signing an EPP with the Association of Mineworkers and Construction Union (AMCU). Days later Bushveld Minerals confirmed that the strike had been resolved and that workers had safely returned to work. “The impact, if any, of these five days of industrial action on production will be provided in the upcoming quarterly production report,” the company said in a statement. Vanadium According to the Vanadium Ore Global Market Report 2021, the chemical element is expected to grow from $1.49bn in 2020 to $1.6bn in 2021 at a compound annual growth rate (CAGR) of 7.4%. The growth will come about as companies reorganise their operations and bounce back from the impact of the pandemic, which brought about a number of restrictive containment measures. The report also identified the emergence of a trend of using vanadium redox flow batteries (VRFB’s) for energy storage. The trend will bring about a transition of how the vanadium market is presently dominated by steel producers. It is predicted that the increased use of vanadium in the car industry will drive the market for years to come. It utility in reducing the weight and increasing the fuel efficiency of cars, means that 85% of all cars will use vanadium by 2025. www.ferroalloynet.com
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