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I think it is just Yangibana North that is from our area. It looks to me that our Bald Hill JV area doesn't have any of the proposed pit location contained within it.
Correction, less than 3,600 tonnes due to one area not having a JV but you get the idea!
Knowing we are now involved in 2 out of the 3 mining areas at 30%, plus the few million shares we have, how much are we looking at value wise for us? http://www.asx.com.au/asxpdf/20160408/pdf/436cy9xzfz9ccj.pdf Thanks Tomcat, got that but times have moved on with an upgrade in the mix. Has anyone worked out the potential worth of 3,600 tonnes of REE for REM? Appreciate the different REE's have a different market price but a ball park figure would be appreciated...
;-)
no they didn't... their report was base on this... http://www.asx.com.au/asxpdf/20160408/pdf/436cy9xzfz9ccj.pdf ... has made the mistake... it's almost like it was manufactured that way...
Indeed @casey. I'm wondering if it's not just @couts that believes that a "huge outfit like WH Ireland" couldn't *possibly* make a glaring error with regard to our 30% Yangibana asset, since the market appears to have discounted its contribution to the share price to practically zero... We are all only human you know. Mistakes happen. I *know* I'm right on this one. No ifs, no buts, no caveats. They made a mistake.
scout... the assumptions in your posts on yangi are on par with your other assumption that the tesla agreement has been cancelled... lost in the smoke and mirrors... cast in stone works both ways it seems...
@couts. Would you like me to show you the error they made? It was glaring - but it wasn't their fault... ;-)
'his work is done' are you actually serious! one fella debating on a message board of a half penny share will cause the sp to drop! honestly are you serious with this? Its this type of thinking that I cannot comprehend! If you actually read my posts back I never have said anything derogatory about rare earth minerals potential for the future. Ive stated my opinion the sp has not performed and does not look like it will (that could change) My major problem is the amazing ramps taking place and the latest one is a huge outfit like WH Ireland has made a glaring error and it will have a major impact here! Lets sit back and watch it unfold then
MMS up 8% today on this news.
Macarthur Minerals Limited (TSX-V: MMS) (the “Company” or “Macarthur Minerals”) is pleased to announce that it has lodged a prospectus with the Australian Securities and Investment Commission (“ASIC”) and applied to the Australian Securities Exchange (“ASX”) for the Initial Public Offering (“IPO”) of Macarthur Australia Limited (“Macarthur Australia”) to raise up to A$10 million. David Taplin, President, CEO and Director of Macarthur Minerals, commented: “Lodging the prospectus for the listing of Macarthur Australia on the ASX to raise up to A$10 million is an exciting step for the Company towards advancing its Australian iron ore and lithium interests. Macarthur Minerals will retain 66-76% ownership of Macarthur Australia. We believe that an ASX IPO of our Australian iron ore and lithium projects will provide improved price realisation for those projects more consistent with our ASX listed peers.” https://managemysite-storage1.s3.amazonaws.com/4d6265cf-e6ff-4b3b-b77e-aa03b3d31b8f/MMS%20NR%20Prospectus%20Annoucement%2020170306.pdf?AWSAccessKeyId=AKIAJMAIJ3LCFFQIYL2Q&Expires=1488823899&Signature=4SIwtM8DueJoiUPKqVlem20hvpQ%3D
None taken, no notice either...
this bit is funny... PUBLIC AVAILABILITY... 2... Are you aware that from 2015 all MCPs will be made publicly available?... Y... 3... Is there any information in this MCP that should not be publicly available?... N... how did we get so distracted...
@couts. Simple question. Do you believe WH Ireland made a mistake with the Yangibana valuation to REM?
no offence but that lot sounds totally sketchy and vague with a huge helping of if's and buts! so you are saying you lot have outfoxed WH Ireland! lol
Hang on OBS you are giving our number 1 share De Ramper all the info and ingredients to smash the X out of our share price Gosh Couts will be happy tomorrow when the SP drops even lower and his work is done..
Yeaa, I sort of agree, but we're not quite ready yet, couple of ducks need clipping or we need a beater. Nearly ready, thank goodness for wh Ireland.....
Blimey! Tomorrow's a bit optimistic @couts. But yes, this is good news for REM, and if our BoD are able to play the cards right, ballistic is certainly on the cards! Don't come crying with, but this, and I thought that. It's laid out in black and white: WHI Ireland made a mistake - it the market can't see that then it only has itself to blame. I've tried to spell it out as best I can - but if the market won't listen what can I do but take advantage of that? It's a strong buy from me... ;-)
Don't be so impatient, perfection takes time ...
In that case, whatever it is you have found if it's relating to REM then it sounds like the share price will be going ballistic tomorrow! I'll look forward to congratulating you all on your new found wealth p
c'mon couts... that many people have found it already... google have put it at the top of the search list...
Is that your spelling of a team made up of the hard of hearing little c?.
The market might be assuming the worst for Yangibana due to the WHIreland mistake for not spotting the table header correction and then having to extend the mining dates by several years for our JV to make the numbers work. Yangibana North (our JV) is due to be mined from years 4 to 7 according to the ERD document - which is great news now it appears to be actually going to happen! Hurry up and someone spill the beans so I can start quoting properly! ;-)
Yep! Def united!
Just looked in only to see that couted is still posting sheite even though the have no real interest - beyond belief ... Sad little fella!