alanadale
27 Sep 2015
Re: Production? Hi Derek,, we need to hear more from the company itself about production.They also have had the results of the drilling for at least 3 months but seem unable to communicate this to the market and the shareholders- which is pretty dull which ever way you dress it up
DEREK 1968
27 Sep 2015
Re: Production? They are producing copper in concentrate now; ramp up is well advanced and the plant is running 24/7. Concentrate is now stockpiling onsite and commercial distribution and sale will commence very soon. Trial smelting and refining has already been completed. The market will hear when production is normalized at 5 mtpa throughput. Target January but they will achieve that several months earlier.
Ace08
26 Sep 2015
Production? The stock is 3p was 17p on hype and no permits so what ? All you need to do is ask yourself will the mine produce copper ever ?, if the answer in your head is yes buy more The amount of over thinking things on these boards is unreal , it's simple they will or won't produce copper They now have everything in place over the last 7 years of hard work They will produce copper , easy hey Common Sense rings true .
Ace08
26 Sep 2015
Re: negativity P The reasons why it's 3p are there for all to see also another reason being AIM stocks are manipulated and the system is corrupt make no mistake
Ace08
26 Sep 2015
Re: negativity P Phil if you are spitting the Dummy about a stock that has all permits in place , finance in place , 450 men onsite and production starting with low stock price You have a lot to learn or think more EEER 3p production starting soon I know Sell and moan about peoples predictions on BB Your a mug go away .
Ace08
26 Sep 2015
Re: negativity P ACE...Why didnt you just say the wheel fell off your predictions & leave it at that...====Phil your not Child mate don't act like one I think I said end game 50p , all change now name change and share swap Exiting times to come
phil and leggett
25 Sep 2015
Re: negativity P I think we have seen what happens Ace, license & production wasnt it 20p/50p from the ACE 3.5/4.00p thats what happened....Now the Ace wants extra time, consolidation might help you a bit ACE x 30 bingo....Trust the ACE... ********** ********** ********** ********** ********** ********** ********** ********** ********** *********ACE...Why didnt you just say the wheel fell off your predictions & leave it at that... Will it get there in the near/medium future we will have to still wait & see, its not a dead cert even with the project at an advanced stage of return to production...The commodities trading brokers are in a spin with Clencore situation, US downturn being hidden from us but still its happening, CAT held its breath but now 10,000 staff to go, that reflects in part a global situation & perhaps a failure to compete...Copper will always be sensitive to Global trading position... Regards P
Small Holding
25 Sep 2015
International Mining Exhibition Roger Davey, on behalf of EMED is attending a Metallic Mining Hall (MMH), International Exhibition dedicated to the Metal Mining to be held in the Exhibition and Congress Centre of Seville from 3 to 5 November 2015"The purpose of the conference is" set a space for dialogue in which experts in their respective fields, national and international level, can expose the best practices in each field covered metal mining. "[link]
Small Holding
25 Sep 2015
Press article [link] plans to start commercial production of copper in the Rio Tinto mine earlier this year17.46 h. The company Emed Tartessus, a subsidiary of Emed Mining, leading the project to reopen the Rio Tinto mine, which closed its facilities in 2001 and led last April the first bombing since that date, plans to become year earlier official producer of copper.As reported Europa Press from the company, at the moment we are working on the advancement of this production, a circumstance that has been going on throughout the summer.Therefore, since the company estimated that if there are no setbacks, "next January will begin commercial production of copper," after the first blast last April was carried out with a programmed detonation and sequenced 6,500 kilos Explosive flying 28,000 tons of waste ore.Thus the removal of this material allowed access via a new ramp to the corresponding operating areas. In turn, this official production for the company has worked on the refurbishment of the existing treatment facilities mineral, to a processing capacity of five million tons of ore annually in the first phase. They have also made preparations in the area of ​​mining, with the first production surveys, establishment of the new fleet of drilling, loading and transportation under infrastructure and clearing work early to reach areas of mineralization. Project PhasesThe first phase of the project involves an investment of 212 million euros and the creation of a staff of 250 people, to which must be added indirect jobs and induced generated that pose around triple that amount. About 70 percent of employees are people from the mining, according to the company highlights. In parallel, the company is involved in the design of the expansion of its operations in Rio Tinto, with the aim of increasing the ore processing capacity of the plant between nine and 15 million tons, and extend the life of the operation, with the launch of a geological research program to identify new reserves.---------- ---------- ---------- ------The translation isn't great but as two papers are covering this article I think the gist is they are going to be ahead of schedule
Ace08
24 Sep 2015
Re: negativity P Tell ya what I will travel to China 2 moz and say look you need more copper stop the slowdown copper should be $4 for Phil Then Spain to ask the guys why did it take so long for permits Phil and a few other are pissed Will call in at the mine also and say hey guys step it up Phil wants maximum output copper now he needs a new car
Ace08
24 Sep 2015
Re: negativity P Hey no point taking it out on me Phil if the state of play is not to your liking Calm down fella
phil and leggett
24 Sep 2015
Re: negativity P I think we have seen what happens Ace, license & production wasnt it 20p/50p from the ACE 3.5/4.00p thats what happened....Now the Ace wants extra time, consolidation might help you a bit ACE x 30 bingo....Trust the ACE...
Ace08
24 Sep 2015
Re: negativity P We will see what happens hey Phil
phil and leggett
24 Sep 2015
Re: negativity P Ace youre shot down in flames, the SP says it all, trust the Ace...
broomfielder
24 Sep 2015
Mining With the decimation of so many of the small mining companies (M Caps / SPs) surely now having run its course as a consequence of the commodity price / demand downward spiral, I am not sure if the pain now really being felt by the majors (Anglo, Glencore etc) will finally bring this part of the cycle to a conclusion.The Anglos of this world have already trimmed costs but as their Balance sheets are now being routinely downgraded (as their assets themselves are downvalued), they appear ready to undertake the sorts of production cutbacks / disposals / asset mothballing of a scale that must ultimately curtail global supply across a range of metals. The majors have massive borrowings to service so it seems equally massive steps required to be taken to keep their ships close to trim.As China and world demand continues to weaken, we could just benefit from others about to choke off supply. And once done of course it cannot be switched back on again that easily.It seems the commodity cycle still has some savagery to wreak in this phase.B
