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That looks like a mistake 125 should be 225
I meant the price of iron ore per ton
How low it can go before no profit?
I thought I read somewhere that Kearny said he would bring back lbrmf to Toronto stock exchange instead of OTC market ( Pink ) somewhere in August .Did I dreamed or someone read that too?
So then they are doing the railroad soon? Dates ? The one that bets on the right date can buy more shares!
Yes best thing to do buy them cheap and sell them at $10.00 next year
Someone has a link for this report?
they said in the PEA 18 months contruction then after we will have to wait very long “The strong results of this independent PEA support LIM’s plan to resume iron ore production from it’s next phase
Houston Project, with low re-start capital and demonstrated robust economics, at a time when the global iron ore
markets are strong”, commented John Kearney, Chairman and Chief Executive Officer. “The PEA forecasts
the production of 2 million tonnes of high grade (62%), direct shipping iron ore, per year, for 12 years”.
“The Houston Project is considered ready for construction as the first stage deposits have already undergone
extensive regulatory review and permitting approval. With an 18 month construction period, the Houston Project
has very low technical risk, with only a short gravel road and rail siding as the principal construction components”,
noted John Kearney.
“As expected, the project economic results are most sensitive to the iron ore price and less sensitive to operating
and capital costs. The initial capital cost is low at US$65 million, and the initial capital intensity at only US$33 per
tonne of annual production is low by industry standards. The PEA used a 36-month trailing average iron ore price
of US$90/dmt, which is about 45% of the current market price. At current market prices the Houston project would
yield spectacular financial results”, added John Kearney.
So maybe in 2023 and China in 2025 we should forget about dumb Kearny and his mine F. lbrmf
I do not understand why it would be so long there is something definitely wrong with this guy!
No fun here?
And they never send anything
Thank Jimmy I appreciate your comments
You of course Kearny is always on holiday
Yes funny guy
Makes sense and they said 18 months so they will prepare slowly for next year this year is probably will take too much time to prepare and it will be too cold to star working in the mine so no use to worry till next year if I understand well
Kearny does not care he is on top of many companies.This is not right he said last year before to call the PEA that indigene and undertakers requested to open the mine.I trusted the guy 100 per cent but now I having big doubts about his words. Not sure if we can trust him anymore. If he is really working for this mine he does not need money he is really careless.
Someone got fed up to wait and is selling very low but volume is high
What is going on, anything happening? What do you mean?
Market beat did it again they said yesterday that td securities boost Labrador iron mines price target to $48.00
What is going on? Everybody is working on the road again today?
I will drive the truck for the new road to help MR Kearny please move into the mine and sell iron ore
Yes there is a Labrador iron ore which is not the same as Labrador iron mines this where marketbeat was confused a couple of months ago
What is going on? Iron ore is trading $206.00 a ton a Mr. Kearny is sleeping or what? No news no project !!!!?
No money yet
Funny stuff is finished now serious people will take over now Go lbrmf
Hope you are right
Angola is shopping now what is going on for LBRMF TO ME THERE IS SOMETHING WRONG 18 MONTHS BEFORE TO MOVE! ARE THEY WAITING FOR THE PRICE OF IRON ORE TO DROP TO 90 a ton?
Smart guy keep on buying
Yes Google translate does the job but sometimes the meaning is not always right this is his problem I only tried in case someone was available Anyway he understands money
Because one of my Friend that bought 100k lbrmf has a hard time with English i would like to hey news sometimes
Qui parle français ici?
Thanks Steve for your honesty and your smartness , some other people that do not understand anything will say lies because they do not know , I am with LBRMF since 2011 and i have 500k shares i hate the 18 months period but like you sais they are negociating they do not works on maybe but on facts and i beleive strongly that it will be an improvment in the shares on the next 6 monts GO LBRMF
The same to everybody Next year will be all rich
True let work like bros on this hub
JUST BOUGHT ANOTHER 10 K WOW !
I am From Laval Quebec i have 500000 shares i bought most of them form 7 to 8 years ago at remenber my first one were at .26 then .03 then .01 for an average of .04 ea. and now i guess i will sell them at minimum $5.00 each and a year after around $20.00 but as soon they reach $1.00 to $2 i will sell 100 k and retire. After Covid i will go around UU.S. Vive le Quebec