DanDaDan
21 Jul 2017
Mcap about £9m. Initial income that should start in early 2018 and is around $25m for starters.(High grade iron powder, titanium etc...). The Middleburgh investment is getting itself ready to produce some nice Limpopo IRONclad profits.....( Will Middleburgh management also be considering an on site 'conroast' deal option from JLP?).That is why I reckon it is time to get in early.Follow the money and be patientThey originally paid 6.75p to set this UP.GLA.
DanDaDan
21 Jul 2017
As Low as it Gets? It looks like it is time make that market entry.Then sit back and just wait for the fireworks.All you need is a little patience. Slowly does it.Bring on the 'spin bowlers' Giles and take the market by surprise...Get in early, while you can, IMO.GLA.
The Basher
04 Jul 2017
Re: hit the bottom or more to go? Well summarised... and the game here is to get in BEFORE the rise, before the news. Yes, a high risk play, but one I am now prepared to play given the sharp drop off , placement at 2p, and directors also buying (modestly) at this point - but worth remembering they are already heavily invested....There is still more financing to come to acquire the smelting plant.... so perhaps further dilution?Not investing more than I can afford to lose, but of course, having taken a position, I am of the view that I will be rewarded.
I am zely
30 Jun 2017
hit the bottom or more to go? Has this now hit the bottom or more to go? Huge drop since days of 16.6p ps.I can see the huge potential from Q1 2018.....IF everything falls neatly into place. But does it ever at this stage of development?I don't own any of these to be clear, though been sitting on the sidelines ready to possibly dip my toes in.I can see the potential for huge gains from here or not. AIM is a fickle mistress and I've been slapped down too many times in the past and now less risk averse.A way to go until production. I assume they are still negotiating the smelting works at this stage - when/if that happens there should be an immediate rise in sp. And then of course it needs refurbishment. So sp would then drop back as this happens, until we hit production - that's when the big rise would happen. If all goes to plan then of course this should be a big winner. It's timing ones entry point between now and the predicted Q1 production. Five years of guaranteed offtakes should generate about $150,000,000 - what would that mean for the sp?!Limpopo Province of SA is obviously heavily dependent on Mining - the main industry supporting the region. The region has ongoing issues with its economy and general poverty and unemployment. Not sure on the data as to how many jobs this will generate. And how does the ownership laws regarding positive discrimination have an impact on the overall business? Is this already keyed in? Sorry, I'm not very well up to date with this aspect though I know that it may be an issue.And then there's Giles Clarke. He seems to be a very successful businessman with success stories littered behind him.Very tempting but I think I need to do more research. Z
The Basher
27 Jun 2017
Bounce, bounce, bounce... This is setting itself up nicely for a BIG bounce - might not be immediate, but with the recent placement, directors buying more (ok, not a huge amount but no-one likes to loose money) and with production planned to start Q1 next year, there will be limited opportunity to buy in at cheap levels. Of course no guarantees, but on a risk/reward ratio, this in my opinion looks good.And this is AIM so don't risk the shirt off your back....
The Basher
22 Jun 2017
Re: Production from Q1 2018 Some assumptions on market prices:IRON POWDER21,000 tons @$500/ton = $10,500,000VANADIUM190 tons = 190,000kgs @ $20/kg = $3,800,000TITANIUM 4100 tons = 4,100,000kgs @ $3.5 /kg = $14,350,000So annual revenue $28,650,000Does that look right? Anyone with more inside market price info?Could be an excellent buy at the moment.....
Black Pilgrim
22 Jun 2017
Production from Q1 2018 Following the conversion of the 7.5MW Smelting Plant and a period of commissioning it is anticipated that the Smelting Plant will, from Q1 2018, have a projected annual production of:· 21,000 tons of High Purity Iron Powder· 190.5 tons of Vanadium in slag grading 36% V· 4,134.5 tons of Titanium in slag grading 65% TiO2
slopjockey
30 Jan 2017
Vanadium [link]
KEEPING CALM MIKE
01 Nov 2016
Re: What made you buy Iron Well , my judgement was wrong and should have cut my losses instead of sitting on this one !!!. K.C.
DanDaDan
01 Nov 2016
40m Dilution as Expected 1st November and we get ready for the 40m dilution.4.5p as share.They paid 6.75p originally to set this Up.It looks like more could follow as they may need funds to develop this business.What about that debt funding. It is not easy in SA.Sitting back and waiting until 2017, now.Put them in the bottom drawer and wait awhile IMO.If they dip the price to below 4p, I may just buy a few more.GLA.
nigel2222
07 Oct 2016
Re: Does Oreport do anything? The question is certainly valid."any diversity of opinion becomes apparent". Opinion is irrelevant. What matters are facts." I am sure that Ironveld's PR person should be monitoring the main boards." If Ironveld has the money to pay a PR person I would like to know why and also why they are wasting their time monitoing shares boards such as this one.
pharmaspecialist
07 Oct 2016
Re: Does Oreport do anything? Better to post on here as this will enable the question (which I think is valid) to be answered by those outside as well as inside the company so any diversity of opinion becomes apparent. Best of all, perhaps someone from Oreport might answer! I am sure that Ironveld's PR person should be monitoring the main boards so perhaps I could ask them for a couple of examples of Oreport's other offtake agreements, that information should be easy to obtain. Looking forward to being reassured by an explanation and finding out more about Oreport's global operations than their web site will allow. For those who want to check further please go to www.oreport.com It's worth a visit as the pictures are nice.
nigel2222
07 Oct 2016
Re: Does Oreport do anything? So instead of posting the query on here, write to the chairman of Ironveld and ask him for an explanation. Then you can post his reply.
pharmaspecialist
06 Oct 2016
Does Oreport do anything? Initially glad to see that Ironveld has finalised its offtake agreement with Oreport but when I went to the Oreport web site, I could not find any evidence that this company had actually done anything. It has a nice map purporting to show its global operations but when you click on the markers there is no information. The web site does not even say who the CEO is as far as I can tell (although I think it used to). Apparently Oreport is part owned by a company called Grindrod (which does exist) but the most recent press release about Oreport on the Grindrod web site is dated 2008. So can anyone provide shareholders with reassurance that Oreport has any experience in marketing the type of minerals to be produced by Ironveld, or any experience of doing anything!
nigel2222
06 Oct 2016
20% Rise Today Yippee. Four more days like today, and I will finally be back to what I paid.Not holding my breath.
