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According to GlobalData, a UK-based data and analytics company, a total of 374 mergers and acquisitions (M&A) deals were announced in the mining sector during Q1 2021. Total deal value for the sector reached $13 billion for the quarter, an 8.3% increase on the $12 billion recorded in Q1 2020.
In Q1 2021, TD Securities was the top M&A financial adviser in the sector by volume, while Goldman Sachs and Perella Weinberg Partners jointly held the top position by value. Both Goldman Sachs and Perella Weinberg Partners advised on one deal each worth $1.7 billion, which was the highest value among all the advisers.
Good for you brother you got wise friends $LBRMF
Just imagine that these prices remain more or less at that level $180 to $200 for a couple of years , $LBRMF with so much Ore could be one of the most profitable companies.With $160 ..PMT .$450 million pure profit with $200 ..PMT..what ? $600 million ?
Even Australians working for Canada and $LBRMF, it can not be better than that because our ore will be more valuable than ever before.This year we may pass $200 per metric tonne and as mine guru's state this is not just a commodity supercycle but the beggining of a new era that will make many people rich.$LBRMF all the way
This PPS will be a distant memory pretty soon $CNGT
Yes i know PPS should be $2.25 not $0.25.They said they will look for TSX and they said also could be after summer, but right now it's not their first priority.I believe it's a matter of few weeks before they will announce the type of funding they got.Even if they stay with OTC for a while $0.25 will be shortly a distant memory.It's not if, it's when , so for me i know we will make 10 times what we have invested in this company $LBRMF
$LBRMF..$190 USD per metric tone................imagine those prices to stay for a while, with $160 we make 459 million with $90 we make $109 million.....NO BRAINER
https://www.mining.com/iron-ore-price-soars-to-ten-year-high-on-improving-steel-margins-and-disappointing-output/
$AIABF start the engines
The deal for FOMO brought the price down ? The news for $CNGT is that we have to wait for the deal to be finalized, that's all
Thanks for sharing.I believe a very good entry point is at $0.30 to $0.40.
These guys are doing good, the only problem is that the company needs some good PR as it is fairly new to OTC and North America.
HAPPY MONDAY EVERYONE Forget 'supercycle', this is bigger, says Friedland
The commodities market is not in a so-called supercycle, rather it is at the start of an unprecedented and revolutionary cycle driven by the rise of green energy and electrification of “everything from a bus, to a skateboard and a Vespa”, according to mining legend and financier Robert Friedland.
Everything works for us even Brazil, especially if you read the last sentence
Brazil CSN iron ore, container terminals operations halted by local authorities
in Port News 18/04/2021
Brazil’s Companhia Siderúrgica Nacional had its iron ore and the container port terminals operations halted April 16 after the local authority levied a fine on the company for alleged “various environmental irregularities.”
The city of Itaguai fined CSN and its mining subsidiary for allegedly dumping industrial waste created during the production of iron ore indirectly into the ocean without adequate monitoring.
Moreover, the city said CSN operated with an environmental license that expired nine years ago.
The company said in a statement that “all environmental licenses for their port operations in Itaguaí are in force and that they operate under the best environmental practices.”
CSN operates two terminals at the Port of Itaguaí, in Rio de Janeiro: the bulk solids terminal (Tecar) and the container terminal (Sepetiba Tecon). Tecar has the capacity to export 45 million mt/year of iron ore and it is where coke and coal used in the steelmaking process arrive. Sepetiba Tecon is a load hub port, the largest container terminal in Rio de Janeiro and one of the largest in Brazil in its segment.
CSN, through its subsidiary CSN Mineração, is Brazil’s second-largest iron ore exporter after Vale.
According to CSN, its advisors are currently taking notice of the alleged infractions “and taking all necessary measures to maintain the operations.”
It’s yet unknown how long the port closure may last and how much it will impact its export and import volumes.
Is he a Quebecois ? Anyways tell him google translate can do the job
You are right but i see Tata , Tacora, Rio Tinto, Anaconda and so on , have their own jobs advertised.Those two jobs from HRPP match perfect with the opening of a new mine, you can google it and read the whole job description.It fits perfect
Operational Coordinator-Mine Development - Labrador City, NL
HR Project Partners
Assistant Manager - Processing Plant Operations - Labrador, NL
HR Project Partners
These and other jobs are posted 4 days ago from HRPP which works on behalf of mining companies, could be this $LBRMF ?????????
Got some more today $LBRMF
I think it will go to $0.40 before the big move up
Well said.Prices for 2021 may pass $190!!!!!!!!!!!!!!!!!!!!!!
All big firms predict $120 t0 $160 for 2021 and 2022, only Goldman predicts $110, which in any case , $LBRMF will be super profitable, but i don't trust Goldman ( who trusts them anyways).Some chinese firms predict $160 to $180 untill the end of the year due to reduction of chinese production because they need to work on the standards their government put up for pollution.I expect pretty soon to have the good news. $LBRMF
Iron ore price jumps on big spread between spot cargoes and futureshttps://www.mining.com/iron-ore-price-jumps-on-big-spread-between-spot-cargoes-and-futures/
China is Canada’s second most important bilateral commercial partner (or third with the EU-27 is counted as a whole). Canada’s imports from and exports to China are diverse by product, and the complexity of the traded products are at approximately the same level.
Source: Government of Canada
Where does Canada export iron ore to?
There are iron ore producers in Newfoundland, Québec and BC. Canada produces approximately 35 million tonnes of iron ore annually. Countries that Canada exports to include Germany, UK, US, Japan, China, South Korea and the Philippines.
Mr Mohonk if you want to sign a contract with God that you will be alive for the next 10 years, try it.I don't, there are so many if's and but's in life and i may walk out of my home tomorrow , slip and die.But i will live my life according to the facts that i have in front of me. Only God knows the future.In our case $LBRMF is a no brainer, it's just a matter of time if you are willing to wait a bit (not 17 months for sure)
The clock is ticking............soon this pps will be a distant memory.Go $CANNAGISTICS Go $CNGT
A Project that will last for 12 YEARS!!!!!!!!! is not mumbo jumbo business.Now it's $170 but even (which will not) hypothetically drops to $90 we will make $109 million dollars, if it stays the same for 3-4 years we are talking close to 500 mil per year!!!!!!!!!
Can you imagine in the second scenario what will be $LBRMF PPS ????
Plus after summer they may move to TSX.Brazil and Australia will increase their production in the coming years because the demand for Iron Ore is and will be huge.All infrastructure in EU , in US and China was halted because of Covid.They need steel and steel means Iron Ore.All projections even the most moderate ones show $150 to $140 per metric tonne for the next 3 years, we just started a commodity super cycle....JUST STARTED......UNDERSTAND.....???????
https://www.bloomberg.com/news/articles/2021-03-18/we-may-be-entering-a-new-commodities-
supercyclehttps://www.bloomberg.com/news/articles/2021-02-26/when-does-a-commodities-boom-turn-into-a-supercycle-quicktake
https://www.institutionalinvestor.com/article/b1r0r28fl471c5/are-we-witnessing-the-start-of-a-new-commodities-supercycle
https://oilprice.com/Energy/Oil-Prices/This-Commodity-Super-Cycle-Could-Be-Unlike-Anything-Weve-Seen-Before.html
One more time if anyone is afraid for the next 3 years HERE WE HAVE THE ANSWER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Steel demand spike
The iron ore rally has been supported by increasing steel demand.
The beginning of 2021 saw a sharp increase in demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown.
According to IndexBox, global consumption is forecast to increase in 2021 by 4.1% year-on-year.
“The EU (+11.0%) and other European countries (+11.9%) are projected to see the fastest rates of consumption growth, spurred by a full recovery in the automotive and construction sectors, and other downstream industries,” the market research company said.
(With files from Reuters)
Don't worry the time is coming and is going to be big $CNGT
It is already $30
Come on $AIABF wake up !!!!!!!!
If anyone wants to double the profits, don't forget to buy some $AYM because when $LBRMF will announce the agreement, $AYM will go up as well like the last time.Around $6.50 to $7.00 CAD or 3.70 to 4.00 GBP.These two are interconnected
Well said, here we are all investors and we know that the time is coming when 0.27 cents will be a distant memory.This company has $REAL VALUE.$LBRMF or $LIM had $15 with less quantity of iron ore, now the Houston project is for 12 YEARS!!!!!!.All predict high iron ore prices due to demand for steel and all the projects that were left behind due to Covid.China wants more and more ore, US will start a mega infrastructure project (which is necessary 100% IMHO & there is no way not to be approved) so $LBRMF is a no brainer.I understand that already the pps should be $1 to $2 but the only thing we have to do is wait, nothing more.We are close to big things
In a few days we are looking for big profits
Good news for sure but i had a stock that was promoted like this one and the next day , the pps dropped.OTC madness
Steel demand spike
The iron ore rally has been supported by increasing steel demand.
The beginning of 2021 saw a sharp increase in demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown.
According to IndexBox, global consumption is forecast to increase in 2021 by 4.1% year-on-year.
“The EU (+11.0%) and other European countries (+11.9%) are projected to see the fastest rates of consumption growth, spurred by a full recovery in the automotive and construction sectors, and other downstream industries,” the market research company said.
(With files from Reuters)
I just wanted to highlight what Charles shared with us from mining.com, cause these are amazing news and for anyone who worries about future prices, this is the answer, $LBRMF
Thanks Dan , you got more shares than me and believe me in the near future your life will change for good.Cheers $LBRMF
No problem at all because very very soon they will multiply their money 3 and 4 times
Games so some can buy cheap
Mr Mohonk if you are an investor as you imply you are and not a day trader,this is the stock for you.Even if you bought shares at $0.50 or $0.70 the only thing to get your money back 10 times more is to wait.If they ($LBRMF) had everything in place and were starting in a month, the pps would be $4 to $5 dollars right now.So if you have a position below $1 dollar is a good investment for you and you will be very happy in the future.As for "if and when" that you mention basically there is "NO IF " it's only WHEN.As for "speculation of secret investors" there is NO SPECULATION at all.Right now they talk and WHEN they will agree into something you will learn the same time as me.Why don't you check the video i posted of an interview of Mr.Hooley of Anglesey Mining.As for pumping i wish i could pump the stock but unfortunately i can't.No matter what though , this stock DOES NOT NEED PUMPING.....everyone recognizes the VALUE except youself.If you want security keep your money in a HISA with 1.6 to 2.0%. Sorry that we can not predict if a WW3 would happen tomorrow and sorry if can't predict that iron ore per metric tonne will drop to $50 CAD, (Most companies predict an average of $110 to $130 for the next 3 years at least).As in everything in life you have to take your chances, but this stock is no risk at all, on the contrary it is a blessing for all of us.
Well mister Mohonk showed up again just to make negative comments one more time, obviously he sold at 0.35 or 0.28 and he is tired of waiting a few months (because it will not be 17 months as he jokes around).$LIM talks right now with many companies and the off-take agreement is just a matter of time, nothing else.Once they have something on paper they will announce it, as it happens with every serious and solid company.People who work in the mining industry told me to hold and buy more because $LBRMF is a hidden (not so hidden now) gem.The 65 million USD to start Houston is like a piece of cake, it is considered super-super low risk,according to the PEA that shows the quality and the quantity of the iron ore they have.If someone wants McDonalds has to find another stock.Here we will wait a bit and we will have gourmet dinner with golden plates and cutlery.
GO $CNGT, imagine those who sold at 3.8 cents, i assume they cry now and they will cry more once we will go to new numbers