MGT Discussion 2023

Irongrilled

Regular
Any chartists that can give an update on how we are looking ?
 

Bagdadbob

Emerged
I'm not a chartists but would like to see what the chart looks like a week or 2 after the Optimisation Studie announcement and Defining of the Go Forward Scope for the Refocused DFS.

Hopefully all still on track for end March.🙏

I got a great feeling about this💪
Sure hope I'm right😂
 
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Irongrilled

Regular
I'm not a chartists but would like to see what the chart looks like a week or 2 after the Optimisation Studie announcement and Defining of the Go Forward Scope for the Refocused DFS.

Hopefully all still on track for end March.🙏

I got a great feeling about this💪
Sure hope I'm right😂
41 days to go ....
 
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Townyj

Ermahgerd
Anyone else see this..??

 
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Irongrilled

Regular
Wonder what they could be used for 😏🤔
 
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BoogieB

Emerged
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Irongrilled

Regular
Great announcement today
 
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Bagdadbob

Emerged
Sure was.
Conformation of High Grade >68% Iron Concerntrate.
Low impurity.

Another super positive step closer.
Great announcement today
 
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BoogieB

Emerged
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BoogieB

Emerged
What do we believe will be the catalyst announcement this month?

My guess is that the initial mTpa will be larger than the minimum now being spoken about. Those flow sheets looked particularly fluid and with a high capacity incoming electrical line, I would expect that production volumes can be ramped without too much infrastructure.
 
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Bagdadbob

Emerged

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Townyj

Ermahgerd

AFR Article today.
Screen shots attached to view.

I wonder which 1 Billion dollar project they are talking about? Hmmm. 🤔🤔

Could it be..


Being nice and close to Whyalla..
 
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Bagdadbob

Emerged
Will be ours........All we need is for them to sit at the table with our management for a day and they'll be scrambling mad to invest their money into our project.

Question is will the sit down occur?
 
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BoogieB

Emerged
Will be ours........All we need is for them to sit at the table with our management for a day and they'll be scrambling mad to invest their money into our project.

Question is will the sit down occur?
Who knows. It will be good if it does.

What are everyone’s thought on finance? Do we think that partnering financially with Whyalla, Nippon etc will mean that both of those companies received slightly reduced rates and secured supply?

My thoughts are, that I’m happy for that to go ahead. I think that something like the reduces the amount of future dilution. Management have continually said that they want the best financial outcome for shareholders and I think this would be it.

Thoughts?
 
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Irongrilled

Regular
I agree with you. That is the tricky part, getting funding without too much dilution. I remember Peter Schubert said they have had offers of funding similar to what HIO got (did not work out) but turned it down so obviously they do have share holders in mind.
 
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Townyj

Ermahgerd
Who knows. It will be good if it does.

What are everyone’s thought on finance? Do we think that partnering financially with Whyalla, Nippon etc will mean that both of those companies received slightly reduced rates and secured supply?

My thoughts are, that I’m happy for that to go ahead. I think that something like the reduces the amount of future dilution. Management have continually said that they want the best financial outcome for shareholders and I think this would be it.

Thoughts?

This would easily be the best outcome.

Something flexible so we dont lose out on profits over the long run.
 
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Bagdadbob

Emerged
Agree, I'm all favour if it means less dilution and we start producing sooner than otherwise.
A partnership of some kind regarding finance with Mr Sanjeev Gupta has been something I've thought about.
 
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BoogieB

Emerged
Agree, I'm all favour if it means less dilution and we start producing sooner than otherwise.
A partnership of some kind regarding finance with Mr Sanjeev Gupta has been something I've thought about.
That would be good. Do we know where GFG would be exporting steel supplies? Do they work closely with any countries?
 

Bagdadbob

Emerged
No, I'm unsure in this. Bit of research to do yet.
 

beserk

Regular
beserk here another very recent acolyte to this site. I have got my hands dirty in a magnetite pelletizing plant way up North above the Arctic circle but worked myself down..under.

I also met some mine workers from SA at a pub along the Great Ocean Road that informed me about Magnetite mine they were working in. They were late returning to work after long weekend coastal excursion because of mechanical problem to their ute. Took them to Geelong to get ute fixed. Bought me a couple of frosties.

⚒️.🚛.🚇...

-beserk
 
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