The cash flow projections that support the NTA backing would be starting to look conservative, which would make the current price an absolute bargain.
Likely to get some news on the refinancing this month which could be good news given the lift in prices combined with the absence of any construction risk going forward.
Might just have strong enough fundamentals to be able to convert to low interest bank funding.
The Noosa mining convention is coming up a bit earlier this year. We saw a big jump after it last year! A whopping increase from 22c to 57c. More green than an Irish meadow.
Will it will happen again.?
- Price briefing 9-15 June
Friday, 16 June 2017
Bauxite prices rocket higher; fluorspar spot market in Europe tracked China higher; antimony trioxide prices soften; titanium dioxide prices could rise further; according to Chinese producer Lomon Billions.- Lomon Billions: TiO2 price may rise further
Wednesday, 14 June 2017
Demand for titanium dioxide (TiO2) continues to increase on both the domestic Chinese market as well as in foreign destinations, which could support future price upticks despite ilmenite prices from Sichuan are moving down.
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