Blog
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STATEMENT TO IRONVELD SHAREHOLDERS REF REJECTED FUNDING BY ALIGN
Dear shareholders We present below the full email detailing the terms of our offer made to the company on the 3rd July and that despite verification on the company’s part of Align’s, my personal commitment and other FCA reg 3rd parties participation that collectively have funded many companies to the tune of many millions was […]
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Statement to Ironveld Shareholders ref GM requisition
We note todays RNS from Ironveld confirming the receipt of a requisition brought by ourselves in which we seek to remove both Mr Eales & Mr Clarke. We print below our correspondence in full to the company (with minor redacts ref regulatory obligations) and make the 2 key points at this stage: 1 – The […]
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Ironveld – smelter acquisition to accelerate mining & processing. Buy.
By Dr. Michael Green There was undoubtedly transformational news this morning from Ironveld which outlined the acquisition of an existing smelting facility, allowing mining and processing to begin a lot faster than was previously envisaged. In a nutshell, the company is going to acquire Ferrochrome Furnaces (Pty) Limited (FCF) which owns a mothballed smelter complex […]
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Ironveld – £5.6 million investment at 1p to advance towards production. Buy.
This morning brought great news for Ironveld shareholders. For a small cap stock, you don’t get many announcements much better than this. Grosvenor Resources Pty Ltd is to invest £5.6 million at 1p a share. This is a big chunk of money and at a substantial premium, which is set to do wonders for the fortunes […]
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Ironveld – Advanced talks with a major partner to take strategic equity stake. Another “gift” being offered by “Mr Market”. Buy
By Dr. Michael Green Interims out this morning from Ironveld brought a ray of sunshine. All the overheads incurred during the period reflected a continued low level of activity whilst negotiations for development funding continued. However, the results brought welcome news that talks are at an advanced stage with a major partner seeking to take […]