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Scully, Tacora Mines possible interest. Scully proposed financing of LBRMF, now believed to be canceled, but local player with issues about getting their tailings facility permitted as of now, so may have long term issues and may need other assets like a benefaction plant with a mine ready in 12-18 months.
On November 27th, 2018, Tacora announced it had closed on $212 million in private equity and senior secured debt financing, which together with up to $64 million in mining equipment debt financing, fully funded the restart of the Scully Mine. In addition, during the 2018 fiscal year, the Company amended the Cargill Offtake Agreement and finalized certain port access agreements and rail/transportation agreements in anticipation of the successful restart of the Scully Mine. As is in this region the railway plays a huge part in the case of Scully mine it is Wabush Lake Railway
https://tacoraresources.com/our-operations/
https://iaac-aeic.gc.ca/050/evaluations/exploration?search=Scully+Mine+Tailings+Impoundment+Area+Expansion+Project
https://en.wikipedia.org/wiki/Wabush_Lake_Railway
https://iaac-aeic.gc.ca/050/evaluations/proj/80027
There are 15 docks on the of Sept Îles, including the Vieux-Quai, the marina, the fishing harbour, the Arcand Dock, and the 2 industrial docks owned by the Iron Ore Company of Canada (IOC). The Port of Sept-Îles owns and operates 9 docks arranged in 5 terminals.
The Multi-user Terminal is the only North American facility capable of accommodating vessels up to 400,000 tonnes. Iron ore currently makes up the bulk of the materials handled. The terminal was built in 2015 in the Pointe-Noire Sector, between the Pointe-Noire and Relance terminals. It includes two 16- and 20-metre-deep berths as well as conveyors and ship loaders with a loading capacity of 8,000 tonnes per hour. A 34-km rail line provides ferry-rail service from the Relance Terminal, connecting the terminal to QNS&L and the rest of the North American rail network.
With the addition of the Multi-user Terminal on the bay of Sept Îles, the Port of Sept-Îles’s annual loading capacity increased to 100 million tonnes, giving the companies that use the terminal a significant leg up on international markets.
https://www.portsi.com/port/terminals/?lang=en
Quebec North Shore & Labrador (QNS&L) is a common carrier federally regulated railway, operating freight services between Sept-Iles, Quebec, Labrador City, NL and Emeril Junction, NL (which is the interconnection point for traffic transiting to and from Schefferville, Quebec with the connecting carrier, Tshiuetin Rail Transportation). QNS&L is a wholly-owned subsidiary of the Iron Ore Company of Canada (IOC). QNS&L offers bulk, through-freight and way-freight type rail services on its line. Part of the success of Rio Tinto and IRON ORE COMPANY OF CANADA is working because of the involvement of local communities and Indigenous Participation.
http://www.qnsl.ca/en/about-qnsl
http://www.ironore.ca/en/what-we-do/our-operations
http://www.ironore.ca/en/suppliers/indigenous-businesses
http://www.ironore.ca/en/commitments/indigenous-participation
For those who do not understand the difficulties with opening the mine in Schefferville I am going posting articles and the major players in the area and you should be able to see who has the most to gain or lose by the mine opening and what management needs to secure in contracts or partners with the players that could have a huge impact in getting us open or acquired. A portion of the town of Schefferville was torn down after mining stopped and creates a portion of problems with the opening along with contracts and involvement with local indigenous people and railway. I am still Bullish about LBRMF but have change what believe might be the direction of us will end up happening, but just my opinion. If this article is too long to keep your interest just skip to the areas that discuss Schefferville
https://www.sciencedirect.com/science/article/pii/S2214790X21001799
Sorry my mistake 9.7 BILLION
What have we learned in last 2 days. There will be dilution or conversion to 9 billion plus shares, do we all agree ? If this closes UNQL might end up on Nasdaq, but at what cost to your investment with new 8 plus billion shares converted. The insiders lose nothing and share holders are duluted with hopes that it may live to rise again on Nasdaq. With the canceling of other deal, it appears someone is selling their previous converted shares, do we agree? Funny how so many people have disappeared. I believe when Spac money sees the next quarter earnings game over for them, but ray may have gotten what he wanted Nasdaq at no cost to him and insiders but at the cost to current shareholder and he can do it all over with new shareholders. As always Look Out Below..
Iron ore price hits six-month high
https://www.mining.com/iron-ore-price-hit-six-month-high-as-china-plans-more-stimulus/
Looks like someone knows something, maybe news, maybe earnings surprise, maybe they saw this chart, shipping for December as it sits now 1/6 of last year, not pretty, might need to print more shares Lookout below DD
https://importkey.com/i/frangipani-trade-services-inc
The Company intends to initiate a Phase 2 study in participants with primary open angle glaucoma and ocular hypertension in the United States in the first half of 2023
Skye announced that it had submitted an Investigational New Drug application for SBI-100 OE to the U.S. Food and Drug Administration on November 15, 2022
Skye Bioscience Doses First Cohort of Participants in Phase 1 Clinical Trial of SBI-100 Ophthalmic Emulsion
https://seekingalpha.com/pr/19058863-skye-bioscience-doses-first-cohort-of-participants-in-phase-1-clinical-trial-of-sbiminus-100
Chris Twitty connections : ZyVersa Therapeutics to go public through deal with SPAC Larkspur Health Acquisition,
https://seekingalpha.com/search?list=all&q=zvsa&tab=headlines
https://s28.q4cdn.com/456742261/files/doc_news/2022/2022-09-27_ZyVersa_Therapeutics_and_Larkspur_Health_46.pdf
Larkspur Health Board Member
https://lsprhealth.com/team/person-details/default.aspx?ItemId=2a53eaee-0907-48c2-8080-91d1b8f70c8a
Skye Bioscience Appoints Chris Twitty, PhD, as Chief Scientific Officer
https://seekingalpha.com/pr/19053259-skye-bioscience-appoints-chris-twitty-phd-chief-scientific-officer
Looks like they got some explaining to shareholders, but they always seem to mention they own 12% of our mine. Ore going up, they are going down, time to sell out their interest to someone who will get this done.
https://reporter.am/2022/12/09/anglesey-mining-lonaym-stock-price-crosses-below-200-day-moving-average-of-2-76.html
Iron Ore Climbs to Four-Month High on Optimism
https://www.bloomberg.com/news/articles/2022-12-09/iron-ore-climbs-to-four-month-high-on-optimism-over-china-policy?leadSource=uverify%20wall
Iron ore jumps to six-month highs
https://seekingalpha.com/news/3915707-iron-ore-jumps-to-six-month-highs-as-china-eases-covid-restrictions
We broke $110, Now management needs to get going with this shovel ready mine or sell to someone who will open.
https://seekingalpha.com/symbol/TIOC:COM
Current price of Iron Ore is 22% above PEA, that's all profit, make a move management when the iron is HOT
Just about $110, about time for an update from company
https://seekingalpha.com/symbol/TIOC:COM
Do not forget about the beneficiation plant, already permitted and adds huge value for future operations of lower grade ore.
https://iaac-aeic.gc.ca/050/evaluations/proj/80027
Scully mine produces product with a concentrate grade as set out in the initial feasibility study at 65.9% Fe, a level that exceeds the specifications of both the industry’s standard 62% benchmark as well as the industry’s high grade 65% benchmark, with respect to both grade and quality.
Tacora has an agreement with Cargill, who purchases 100% of the high-grade iron ore concentrate produced by the Scully Mine and Cargill has rolling options to extend this agreement over the life of the Scully Mine.
Was this Scully's interest in our mine. I know Tacora is having permit issues with future tailings.
https://iaac-aeic.gc.ca/050/evaluations/exploration?projDocs=83596
Our neighbors are making bank, hopefully management is busy with how this sector is getting so much attention.
https://www.stocktrades.ca/canadian-iron-ore-stocks/
$107.44 Time to open up Labrador, Make a deal or sell to someone who will.
https://seekingalpha.com/symbol/TIOC:COM
FRANGIPANI TRADE SERVICES INC last 3 months shipment are in and down 63% from previous and down 85% from all time high 2 quarters ago, looks like side hustle is having troubles look out below do your DD. The shipping chart tells the story, do not worry there is always the next hustle. Could those 2 salaries be correct for 3m and 2.7m not bad for side hustle. Maybe they need a new CFO
https://importkey.com/i/frangipani-trade-services-inc
https://opencorporates.com/officers?q=SUNANDAN+RAY&utf8=%E2%9C%93
https://www.salary.com/research/company/frangipani-trade-services-inc-salary
Hopefully they find a partner, off taker, investor, financing or sell to someone who will move forward the operation ready to open in as little as 12 months.
Just some weekend reading in case the leadership of company needs something to get them motived.
0.0300 - 0.0175 at the close. WOW did they announce the merger or the RS or did someone Hop Hop the price down on the new Bunnys. I am not good at math, but I think it has to go up 70% to get back to close to todays open. Welcome to the UNQL world. You may want to check the latest shipments of some of the UNQL partners and again watchout below it is not looking good for this quarter. DD
https://importkey.com/i/frangipani-trade-services-inc