SP Angel Meyer outlines a couple of possible investors such as:
- Tronox which is acquiring Cristal in the US,
- Eramet (EU)
- A Chinese processor
- A mining company:
- Rio Tinto – which has the QIT ilmenite processing operations in Canada
- Iluka Resources – a major ilmenite producer listed in Australia which has been corporately active in recent years buying Sierra Rutile for A$375m (£215m)
- Kronos Worldwide Inc
Recently, the company appointed Ian Henderson of JP Morgan and Endeavour Mining as executive director and also has appointed a General Manager which typically means the company is planning for production.
This company first came on the NewsMiner radar because of research into the materials of the future, and the main trend is light-weighting, and for that you are going to need specialized metals, and titanium offers the light weight solutions necessary for improved engineering in the future that require less volume of material to construct.
There are more practical applications in paints, ceramics and other uses that comprise about 50 percent plus of demand outside of a durable steel alternative.
This project fits the NewsMiner criteria for investment consideration.
First, out of demand metals.
Second, companies that have a plan to production, and are working towards that goal.
Third, underappreciated or developing jurisdictions.
Fourth, good management and interest from the financial markets.
Fifth, large projects that stand out globally with a large life of mine.
Sixth, news flow.
That is why NewMiner is putting out Blue Jay Mining (LON: JAY) listed in London as a potential investment. NewsMiner has not bought shares yet, as this is a long term play, and looking for some successful exits over the next three months to free up cash.
One unique aspect of the project is that the mining is already partially done by glaciers. Over the years, glaciers have ground the ore into a illmenite (source of titanium dioxide) bearing sand, which is essentially just requires moving the dirt to the processing plant.
NewsMiner needs to look through the financial statements, to come up with an idea, but I think this offers opportunity at these prices, historic lows for titanium, starting to pick up and will be a critical mineral for the future.
Things to consider:
1) Cost of shipping the sands?
2) Who are the potential buyers?
3) Debt?
4) It is a small market, therefore there are going to be a very limited selection of buyers.
That is why today's news of the HSBC client acquiring more shares is raising speculation as to who is making the purchases.
Shares are currently at year lows and it is currently on the path to a production decision which presents the greatest opportunity for risk comfortable investors.
Take a look for yourself, but NewsMiner will be looking to buy over the next year and hold for awhile. This is not an original investment idea, NewsMiner regularly reads SP Angel Meyer's morning briefs and they act as broker for the company, and has been following their coverage and it is convincing.
I have not relationship with the company and they have not paid me squat. This is for information purposes only.
This project fits the NewsMiner criteria for investment consideration.
First, out of demand metals.
Second, companies that have a plan to production, and are working towards that goal.
Third, underappreciated or developing jurisdictions.
Fourth, good management and interest from the financial markets.
Fifth, large projects that stand out globally with a large life of mine.
Sixth, news flow.
That is why NewMiner is putting out Blue Jay Mining (LON: JAY) listed in London as a potential investment. NewsMiner has not bought shares yet, as this is a long term play, and looking for some successful exits over the next three months to free up cash.
One unique aspect of the project is that the mining is already partially done by glaciers. Over the years, glaciers have ground the ore into a illmenite (source of titanium dioxide) bearing sand, which is essentially just requires moving the dirt to the processing plant.
NewsMiner needs to look through the financial statements, to come up with an idea, but I think this offers opportunity at these prices, historic lows for titanium, starting to pick up and will be a critical mineral for the future.
Things to consider:
1) Cost of shipping the sands?
2) Who are the potential buyers?
3) Debt?
4) It is a small market, therefore there are going to be a very limited selection of buyers.
That is why today's news of the HSBC client acquiring more shares is raising speculation as to who is making the purchases.
Shares are currently at year lows and it is currently on the path to a production decision which presents the greatest opportunity for risk comfortable investors.
Take a look for yourself, but NewsMiner will be looking to buy over the next year and hold for awhile. This is not an original investment idea, NewsMiner regularly reads SP Angel Meyer's morning briefs and they act as broker for the company, and has been following their coverage and it is convincing.
I have not relationship with the company and they have not paid me squat. This is for information purposes only.
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