Consolid.Thomp. Iron Mines! Eine lupenreine Longposition :) - 500 Beiträge pro Seite

[KGV900]

Kaum zu fassen, das sich hier noch keine Sau für diesen Wert interessiert hat, um so positiver stimmt mich das Ganze

Werde mich heute abend oder eventuell in den nächsten Tagen mit dem Wert auseinandersetzen...


Gruss

[HuskyEnergy]

Antwort auf Beitrag Nr.: 33.008.172 von KGV900 am 10.01.08 16:19:38

Chart schaut ja nocht so schlecht aus

Weist du welches KGV? (doch nicht etwa 900,oder?)

[Reiners]

Antwort auf Beitrag Nr.: 33.008.172 von KGV900 am 10.01.08 16:19:38

Ich glaube der Wert soll ziemlich interessant sein.

Frag mal MFC500, ich glaube der hatte sich mit dem Wert mal beschäftigt.

Mfg

[KGV900]

Hier ist alles auf einen Blick!!!

http://www.consolidatedthompson.com/global/contentserver/fil…


Projekt (operative Kosten, Cash-Flow, Förderrate, Minenart etc.)

Infrastrukur/Transport (wohl der wichtigste Aspekt im Eisenerzbereich)

Management


Stimmt mich für die Zukunft sehr positiv, zu positiv...


Hier noch ein Intradaychart:

[FullGreenhorn]

Zwei neue Eisen im Feuer
Eisenerz ist als wichtigster Rohstoff für die Stahlproduktion schwer gefragt. Die Produzenten reiben sich die Hände. Im Jahr 2009 gehen zwei weitere "heiße Eisen" ins Rennen.

Erzhaltiges Gestein, das Ziel aller Explorateure.Die Nachfrage nach Stahl ist ungebrochen. Im vergangenen Jahr soll der weltweite Verbrauch Expertenschätzungen zufolge knapp 1,2 Milliarden Tonnen erreicht haben. Dies entspricht einer Steigerung von sieben Prozent zum Vorjahr. Im kommenden Jahr wird mit einem ähnlichen Zuwachs gerechnet. Dies verheißt hervorragende Aussichten für Eisenerz, dem wichtigsten Grundstoff der Stahlproduktion. Zwar wächst die Eisenerzproduktion bereits deutlich, doch die Nachfrage steigt noch schneller. Ein Grund dafür ist der enorme Infrastruktur-Aufholbedarf in den Schwellenländern wie China, Indien oder Lateinamerika. Aufgrund des wirtschaftlichen Aufschwungs hat der Eisenerzbedarf dort stark zugenommen. Allein in China stieg der Import gemäß der Handelsbilanzzahlen für November in den ersten elf Monaten um 17,3 Prozent auf 349 Millionen Tonnen. In den letzten Jahren ist China damit zum weltgrößten Importeur von Eisenerz geworden. Die Experten der australischen Investmentbank Macquarie gehen von einem weiter steigenden Preis für Eisenerz aus. Für den Zeitraum zwischen 2008 und 2010 rechnen sie mit einem durchschnittlichen Preis von über 100 Dollar je Tonne.

Die Kleinen ganz groß

Von dieser Entwicklung profitieren insbesondere die vier größten Eisenerzanbieter Vale, Rio Tinto, BHP Billiton und Mitsui. Trotz der bereits äußerst guten Entwicklung in den vergangenen Jahren dürften diese weiter an Wert zulegen können. Weitaus interessanter sind jedoch die kleineren Gesellschaften wie Fortescue Metal Group und insbesondere Consolidated Thompson und Ferraus.

Consolidated Thompson: Startklar Consolidated Thompson verfolgt mit dem Bloom-Lake-Projekt ein Eisenerzvorhaben in der kanadischen Provinz Quebec. Dem Produktionsstart im ersten Quartal 2009 steht nichts mehr im Wege. Die Infrastruktur - angefangen von einer Eisenbahnanbindung bis hin zum Hafen - steht bereit, ebenso wie die Finanzierung des Projekts. Experten schätzen das Minenleben auf über 30 Jahre, die jährliche Förderquote soll bei über fünf Millionen Tonnen liegen. Dabei verfügt das Unternehmen über ein hochkarätiges Management. Der Vorstandsvorsitzende Bruce Humphrey beispielsweise hat sich bereits als Mitglied der Führungsriege von Goldcorp sowie Desert Sun Mining einen Namen gemacht.


Ferraus: Gefragtes Erz

Ähnlich ist die Situation bei der australischen Gesellschaft Ferraus. Der Vorstandsvorsitzende John Nyvlt lenkte bereits äußerst erfolgreich die Geschäfte bei dem ehemals größten australischen Goldproduzenten Normandy Mining, bevor die Gesellschaft vor Jahren von Newmont Mining übernommen wurde. Die Produktion des Robertson-Range-Projekts in der Region Pilbara soll ebenfalls im Jahr 2009 aufgenommen werden. Dann rechnen Experten mit einer jährlichen Förderung von zwei Millionen Tonnen Eisenerz - insgesamt verfügt Ferraus über weit mehr als 30 Millionen Tonnen Eisenerz. Großer Vorteil bei Ferraus: Das Erz der kleinen Gesellschaft ist identisch mit dem von BHP Billiton verkauften Eisenerz. Dies ist für asiatische Abnehmer von großer Bedeutung, da deren Hochöfen auf dieses Erz abgestimmt sind.

Zweite Reihe, erste Wahl

Der Bedarf an Eisenerz in den Schwellenländern wird in den nächsten Jahren weiter zunehmen. Anleger, die sich in diesem aussichtsreichen Markt engagieren möchten, finden vor allem in der zweiten Reihe mit Consolidated Thompson und Ferraus hochinteressante Titel.

[FullGreenhorn]

Hatte den Wert bei 4,70 mal auf die watchlist genommen. ab dann ging es dann nur noch nach Süden.

Irgendein BB hatte mal darüber berichtet und für 2010 ein KZ von glaube 60-80 Dollar genannt. Weiß aber nicht welcher BB das war. Hatte diese Info auch nur per mail bekommen. Also nagelt mich nicth darauf fest!

Stecke nicht ganz so tief in der Materie drin, deshalb wäre ich ganz froh wenn sich Leute mit mehr Hintergrundwissen mal zu diesem Wert äussern.

mfg

[KGV900]

Antwort auf Beitrag Nr.: 33.017.793 von FullGreenhorn am 11.01.08 11:55:05

hehe die Kulmbacher- Empfehlungen bezüglich Eisenerz waren immmer sehr gut gewählt... Jubilee MInes um 2€, Fortescue um 7€, Sundance 7Cents...

jetzt sehe ich Consolid und Ferraus... wer an den Rohstoff glaubt, der hat die Qual der Wahl


Also wenn ich mir die aktuelle MK angucke ca. 480 Mio.CAD (fully diluted) abzüglich 200Mio. CAD CASH bekommt man für rund 280Mio CAD ein Projekt mit einem jährlichen Cash-Flow von über 2,5 Mrd $ vor Steuer oder einen Barwert von über 700Mio $....


Sollte ich mich irgendwo verschrieben haben, dann bitte um Korrektur

[KGV900]

17.01.2008 - 09:19 Uhr
DJ Rio Tinto plant Erhöhung von Eisenerzpreisen - WSJ

LONDON (Dow Jones)--Der britische Rohstoffkonzern Rio Tinto will offenbar trotz langfristig gültigen Preisverträgen die Preise für Eisenerz erhöhen. Rio Tinto besitze in ihren Kontrakten eine Klausel, die besage, dass lediglich 90% der vertraglich vereinbarten Eisenerzmenge zu den ausgehandelten Preisen ausgeliefert werden müssten. Die verbleibenden 10% könne der Konzern gemäß den Kassamarktpreisen festlegen, berichtete das "Wall Street Journal" (WSJ - Donnerstagausgabe).

Eine Preiserhöhung könne demnach Auswirkungen auf 10% der langfristig ausgehandelten Verträge haben. Die Vertragskunden zahlten gegenwärtig zwischen 75 USD und 85 USD je Tonne Eisenerz und müssten nach Angaben des WSJ - sollte Rio Tinto seine Pläne verwirklichen - aufgrund der steigenden Nachfrage künftig Marktpreise zwischen 180 USD und 190 USD aufbringen.

Sam Walsh, CEO der Eisenerz-Sparte von Rio Tinto, bestätigte die Preiserhöhungen gegenüber dem WSJ zwar nicht direkt. Rio Tinto werde allerdings künftig "aggressiver" auftreten, sagte der Manager.

Diese Absicht verdeutliche die Bemühung der Rohstoffkonzerne, höhere Kassamarktpreise für Eisenerz - einen der zentralen Rohstoffe für Stahlhersteller - zu erzielen, schrieb das WSJ.




Mein Fazit:

Es müssen nicht direkt 70% werden, 20% würden mir auch reichen! Gesellschaften aus der zweiten Reihe wie Consolid Thompson werden zwangsweise zu Übernahmekandidaten, wenn ab 2009 erstmal ordentlich Cash-Flow fliest! Eine Übernahme im Mrd. CAD Bereich ist nicht unrealistischsch. Ist zwar zukunftsgeleier, deswegen ist man auch langfristig eingestellt. Meine einzige Sorge ist ein Einbruch der Stahlnachfrage in den BRICK- Ländern.


Gruss

[KGV900]

monstermäßiger Umsatz in FFM 3750 Stücke gehandelt

[KGV900]

im Prinzip könnte ich mir das posting sparen, denn dieser Wert wird von den germans sowieso nicht beachtet... da in FFM tote Hose, könnte der Link in Bezug auf Bid/ Ask oder Volumen in CAN hilfreich sein...


http://www.stockwatch.com/oldsite/oldsite_chart.aspx?symbol=…

[Walhalla77]

Antwort auf Beitrag Nr.: 33.225.347 von KGV900 am 31.01.08 12:56:51

Danke für den Link.
CLM wird auch ohne Aufmerksamkeit in FFO seinen Weg gehen.
Bodenbildung bei 6 CAN$ , von da ist der weg frei bis 7,50 wenn sich die Lage an den Börsen wieder beruhigt hat.

[tommy-hl]

Hallo @ all,

da ich "Eisenerz" als outperformer unter den Rohstoffen sehe, interessiere ich mich auch für CLM.

Zurzeit bin ich in den Explorer Northland Resources investiert, der properties in Schweden und Finnland hat und ebenfalls eine vielversprechende Aktie ist.

Die Umsätze für CLM an den Börsen in DE sind sehr mager, scheint so, als ob CLM hier fast unbekannt ist, obwohl ja schon in 2009 produziert werden soll ...

Weiß hier jemand, ob ein Börsenbrief diese Aktie covert und wie dieser BB CLM bewertet?

Gruß @ all

tommy

[tommy-hl]

Bin bei CLM seit gestern dabei ...

Habe ich gerade entdeckt:

Zwei neue Eisen im Feuer

Eisenerz ist als wichtigster Rohstoff für die Stahlproduktion schwer gefragt. Die Produzenten reiben sich die Hände. Im Jahr 2009 gehen zwei weitere "heiße Eisen" ins Rennen.

Die Nachfrage nach Stahl ist ungebrochen. Im vergangenen Jahr soll der weltweite Verbrauch Expertenschätzungen zufolge knapp 1,2 Milliarden Tonnen erreicht haben. Dies entspricht einer Steigerung von sieben Prozent zum Vorjahr. Im kommenden Jahr wird mit einem ähnlichen Zuwachs gerechnet. Dies verheißt hervorragende Aussichten für Eisenerz, dem wichtigsten Grundstoff der Stahlproduktion. Zwar wächst die Eisenerzproduktion bereits deutlich, doch die Nachfrage steigt noch schneller.

Ein Grund dafür ist der enorme Infrastruktur-Aufholbedarf in den Schwellenländern wie China, Indien oder Lateinamerika. Aufgrund des wirtschaftlichen Aufschwungs hat der Eisenerzbedarf dort stark zugenommen. Allein in China stieg der Import gemäß der Handelsbilanzzahlen für November in den ersten elf Monaten um 17,3 Prozent auf 349 Millionen Tonnen. In den letzten Jahren ist China damit zum weltgrößten Importeur von Eisenerz geworden. Die Experten der australischen Investmentbank Macquarie gehen von einem weiter steigenden Preis für Eisenerz aus. Für den Zeitraum zwischen 2008 und 2010 rechnen sie mit einem durchschnittlichen Preis von über 100 Dollar je Tonne.

Die Kleinen ganz groß
Von dieser Entwicklung profitieren insbesondere die vier größten Eisenerzanbieter Vale, Rio Tinto, BHP Billiton und Mitsui. Trotz der bereits äußerst guten Entwicklung in den vergangenen Jahren dürften diese weiter an Wert zulegen können. Weitaus interessanter sind jedoch die kleineren Gesellschaften wie Fortescue Metal Group und insbesondere Consolidated Thompson und Ferraus.

Consolidated Thompson: Startklar
Consolidated Thompson verfolgt mit dem Bloom-Lake-Projekt ein Eisenerzvorhaben in der kanadischen Provinz Quebec. Dem Produktionsstart im ersten Quartal 2009 steht nichts mehr im Wege. Die Infrastruktur - angefangen von einer Eisenbahnanbindung bis hin zum Hafen - steht bereit, ebenso wie die Finanzierung des Projekts. Experten schätzen das Minenleben auf über 30 Jahre, die jährliche Förderquote soll bei über fünf Millionen Tonnen liegen. Dabei verfügt das Unternehmen über ein hochkarätiges Management. Der Vorstandsvorsitzende Bruce Humphrey beispielsweise hat sich bereits als Mitglied der Führungsriege von Goldcorp sowie Desert Sun Mining einen Namen gemacht.

Ferraus: Gefragtes Erz
Ähnlich ist die Situation bei der australischen Gesellschaft Ferraus. Der Vorstandsvorsitzende John Nyvlt lenkte bereits äußerst erfolgreich die Geschäfte bei dem ehemals größten australischen Goldproduzenten Normandy Mining, bevor die Gesellschaft vor Jahren von Newmont Mining übernommen wurde. Die Produktion des Robertson-Range-Projekts in der Region Pilbara soll ebenfalls im Jahr 2009 aufgenommen werden. Dann rechnen Experten mit einer jährlichen Förderung von zwei Millionen Tonnen Eisenerz - insgesamt verfügt Ferraus über weit mehr als 30 Millionen Tonnen Eisenerz. Großer Vorteil bei Ferraus: Das Erz der kleinen Gesellschaft ist identisch mit dem von BHP Billiton verkauften Eisenerz. Dies ist für asiatische Abnehmer von großer Bedeutung, da deren Hochöfen auf dieses Erz abgestimmt sind.

Zweite Reihe, erste Wahl
Der Bedarf an Eisenerz in den Schwellenländern wird in den nächsten Jahren weiter zunehmen. Anleger, die sich in diesem aussichtsreichen Markt engagieren möchten, finden vor allem in der zweiten Reihe mit Consolidated Thompson und Ferraus hochinteressante Titel.
Artikel aus DER AKTIONÄR (02/08).

[danpirk]

Kann mir jemand sagen, ob die was mit der hochgepushten Thompson Creek (ehem. Blue Pearl Mining) zu tun hat oder nur der Name ähnlich ist? Danke!

[tommy-hl]

.
Inzwischen covered auch CanaccordAdams CLM und empfiehlt die Aktien zum Kauf:

Iron Ore Conference 17 January 2008 Consolidated Thompson Iron Mines
CLM : TSX : C$6.10 BUY
12 months target: C$10.50 (12 Monats-Kursziel EUR 7,15)
Gary Lampard - canaccordadams.com

COMPANY SUMMARY:
Consolidated Thompson is a mineral exploration and development company whose main asset is the 100%- owned Bloom Lake iron ore development property in Quebec, with first commercial production scheduled for Q1/09. Planned production is 7 million dry tpa of iron ore concentrate, to be sold into international sinter feed markets.

LOW CAPITAL INTENSITY AND FIRST PRODUCTION IN 2009
Consolidated Thompson is a mineral exploration and development company whose main asset is the 100%-owned Bloom Lake iron ore development property in Quebec, with first commercial production
scheduled for Q1/09. Planned production is seven million dry tpa of iron ore concentrate, to be sold into international sinter feed markets.

The Bloom Lake deposit forms part of the southwestern corner of the Labrador Trough iron range, and is located in Quebec, just 2km west of the Labrador border, and just 8km east of the 15 million tpa QCM Mont-Wright operation. The iron formations are of the Lake Superior-type, occurring as numerous isolated segments, and consist of bands of specular hematite, magnetite and intercalated actinolite in a dominantly quartz matrix.

Reserves as of December 2005 were 580 million tonnes grading 30% iron with 38% weight recovery, M&I resources were 638 million tonnes grading 30% iron. We see relatively limited potential for increased resources at Bloom Lake.

An analyst has visited the Bloom Lake deposit in Quebec. No payment or reimbursement was received from the issuer for the related travel costs.

Mining will be conventional truck and shovel open pit. Reserve stripping ratio is 1:1 of waste rock to ore. On-site processing will be crushing and grinding to D50 of 260 microns, suitable for sinter feed. The company has signed a definitive agreement with Worldlink Resources of China for the supply of five million tpa of iron ore concentrate into China from 2009, on commercially reasonable terms, for an initial five-year term.

Consolidated Thompson needs to connect with the existing QNS&L Railway about 30km from Bloom Lake at Labrador City. The feasibility study is based on 31km of new railway, with a load-out requirement of approximately one train per day, or 210 cars each of capacity of 90 tonnes of concentrate. The QNS&L Railway is 100%-owned by IOC, which is majority owned by Rio Tinto. A common carrier under the Canada Transportation Act, we believe IOC is obligated to offer commercially reasonable terms to third-parties for use of the track. Current discussions between the two parties have confirmed that QNS&L expects to have the necessary seven million tpa of capacity available when required. Discussions are also advanced with a third party to build and operate harbour and port facilities at Sept Îles.

Consolidated Thompson is waiting for construction permits from both Quebec and Newfoundland and Labrador. Bloom Lake is in Quebec, while the railway corridor passes through both provinces. All required documentation was submitted in December 2006. Permitting is probably the critical item for the current schedule. Work on the property was scheduled to start in fall 2007. The current timeline envisages first production in Q1/09.

The May 2007 feasibility study, prepared by Breton Banville & Associates, estimated capital costs of US$333 million, plus working capital of US$15.4 million, plus a further US$42 million in sustaining capital over first 20 years of operations. Average operating costs were estimated at US$19.76/t of concentrate over 20 years, and US$18.75/t of concentrate over the first five years.

VALUATION AND RECOMMENDATION
We rate Consolidated Thompson as a BUY, with a 12-month target price of C$10.50, based on our NPV12 of C$10.52. We are assuming a long-term iron ore concentrate price of US$43.73/t, an average operating cost of C$27/t, and a long-term Canadian dollar US dollar exchange rate of 0.90.

We also present Figure 34 as an example of potential multiple valuations. F2010E is based on peak iron ore price forecasts. Based on 6 and 4 times our forecast F2010 earnings and operating cash flow or 7 and 5 times for F2011E, or 8 and 6 times for F2012, plus net cash, we can foresee a share price in the range of C$15.00-17.00 on a three- to five-year view.

Potential multiple valuation (C$)
Multiple valuation
Year F2007E F2008E F2009E F2010E
EPS .. (0.05) ... 0.06 .... 0.95 .....3.33 C$ (Gewinn pro Aktie)

Source: Canaccord Adams estimates

[tommy-hl]

.
Consolidated Thompson Iron Mines (CLM)
Umsatz/Gewinn-Kalkulation
WKN: A0KFDB
CLM – TSX
ISIN: CA2102061082

1. Parameter

1.1 Umsatz
2009: Obwohl das Management den Produktionsbeginn auf Q1-2009 legt, gehe ich davon aus, dass erst in Q2-2009 der Beginn sein wird. Deshalb wähle ich nur 3,5 Mio. t Eisenerz als Produktionsgröße
2010: ab 2010 werden 7 Mio. t Eisenerz gefördert.

1.2 Erlös pro t Eisenerz
Zurzeit werden Preise von 130 $/t erzielt mit steigender Tendenz. Ich habe 90 $/t gewählt.

1.3 Operation Costs
Die feasibility study geht von 20 $/t aus. Ich habe für 2009 wegen der Anlaufkosten 30 $/t und ab 2010 dann 25 $/t gewählt.

1.4 Capex p. a.
10% von 333 Mio. $ p. a.

1.5 Finanzierungskosten
Zins 10% und Tilgung von 10% p. a. wurden angesetzt

1.6 Steuer
Es wurde ein Steuersatz von 30% verwendet. Ob die Anschaffungskosten in den ersten Jahren zu einer Steuerbefreiung führen werden, ist mir zurzeit nicht bekannt.

1.7 Gewinn pro Aktie
Es wurde eine Stückzahl von 84 Mio. Aktien zugrunde gelegt.

2. Umsatz/Gewinn-Kalkulation

Geschätztes Ergebnis in 2009 ….. 2010 …. 2011
Produktion Eisenerz ….. 3,5 Mio. t . 7 Mio. t ... 7 Mio. t
Gesamtumsatz USD ..... 315 Mio. 630 Mio. . 630 Mio.
Produktionskosten …..... 105 Mio. 175 Mio. . 175 Mio.
AfA / Capex ..................... 33 Mio. .. 33 Mio. .. 33 Mio.
Finanzierungskosten ...... 67 Mio. .. 67 Mio. ... 67 Mio.
-------------------------------------------------- ----------------------
= Bruttogewinn ……......... 110 Mio. ...355 Mio. 355 Mio.
minus Steuer ……….... ..... 33 Mio. ...107 Mio. 107 Mio.
-------------------------------------------------- --------------------------
= Nettogewinn ………… 77 Mio. …248 Mio. . 248 Mio.
= Gewinn pro Aktie: …… 0,91 $ …. 2,95 $ ….. 2,95 $ (84 Mio. Stück)
= Gewinn pro Aktie: …. 0,60 EUR . 1,95 EUR . 1,95 EUR
= KGV (Kurs 4,20 €): …. KGV 7,0 …KGV 2,2 .. KGV 2,2

3. Chancen/Risiken

3.1 Chancen
Solides Cash-Polster
Geringe Produktionskosten
Eisenerz-Preis im Aufwärtstrend
Produktionsstart in ca. 1 Jahr
Qualifiziertes Management mit guten Beziehungen zu Behörden und zur Finanzwelt
Erreichen der Gewinnzone bereits in 2009
Capex relativ niedrig
Vorhandene Infrastruktur (bis auf 31 km Schienenstrang) mit Anschluss an Seehafen

3.2 Risiken
Ausstehende Finanzierung
Ausstehende Genehmigung der Umweltbehörde


4. Kursziel / Rating

Gewinnpotenzial bei KGV 10 = 350% in 2 Jahren bis 2010

Kursziel für Mitte 2009: EUR 8,- für Mitte 2010: EUR 19,-

Aufgrund obiger Kalkulation mit konservativem Ansatz und einem Gewinnpotenzial von 350% in nur 2 Jahren erhöhe ich mein Rating von Akkumulieren auf KAUFEN! Ich selber ordere heute eine weitere Position.

Obige Daten sind nach bestem Wissen erfasst und analysiert worden und erheben nicht den Anspruch auf Richtigkeit/Vollständigkeit. Die Schlussfolgerungen sind meine persönliche, und damit subjektive Meinung.

... do your own research ...

tommy

[KGV900]

Moin...

Der Punkt 3.1 hat mir die Kaufentscheidung enorm erleichtert, hast nochmal nett zusammengefasst

zu den Risiken:

Genehmigung der Umweltbehörde:
Wenn ich mir die Gegend angucke, sind dort sehr viele Eisenerzproduzenten angesiedelt, man könnte behaupten die Menschen um Labrador City leben vom Eisenerzabbau also meiner Meinung sollte es keine Probleme geben...

Finanzierung:

Das Cashpolster mit rund 200Mio. CAD ist ordentlich, ich gehe davon aus, wie so oft in letzter Zeit, das chinesische Investoren die wietere Finazierung übernehmen... Wofür die 200Mio CAD letzlich verwedet werden, bleibt abzuwarten. Zur weiteren Exploration wäre denkbar.


Hier ist noch ein Link bezüglich der News am 29.01.08
http://www.consolidatedthompson.com/global/contentserver/fil…

[KGV900]

zum Chart:

sieht nach einer abgeschlossenen Bodenbildung aus, inverse SKS-Formation ist erkennbar die Marklage gibt zwar wenig Hoffung auf steigende Kurse, aber hier hat man die Turbulenzen ohnehin nicht gemerkt (das ist wohl der Vorteil einer völlig unliquiden Perle in D) Nächstes KZ wäre dann 7,5CAD...

[tommy-hl]

.
Das Investmenhaus MacQuarie covered CLM und gibt eine Kaufempfehlung "outperform" heraus mit Kursziel bis Januar 2009 von EUR 8,06 (C$ 11,75).

tommy


Analyst Research Report Snapshot

Consolidated Thompson Iron Mines Ltd. - Greater margins

Company referenced CLM.TO
George Albino [phone] george.albino @macquarie.com John Graham [phone] [e-mail] Matthew Sheppard [phone] matthew.sheppard

@macquarie.com January 2008

Consolidated Thompson Iron Mines Ltd. CANADA CLM CN: Outperform

12-month target C$ 11.75 (EUR 8,06)
Market cap C$m 481.8 C$m $
Higher prices and greater margins... (All figures in USD unless otherwise noted)

We are reviewing our valuation and financial forecasts for Consolidated Thompson following our recently updated iron ore metal price assumptions. Impact

The Macquarie forecast iron ore prices are significantly higher than those we have previously employed and result in appreciably higher estimated earnings and cashflow.

As a near-term (mid-2009) producer, Consolidated Thompson is well-positioned to benefit from the strong iron ore market as well as the subsequent robust margin expansion.

By our estimate, at the planned production rate of 7mt of iron ore per year, the higher prices translate into an additional $200m in annual EBITDA.

Using Macquarie metal price forecasts and assuming a long-term oil price of $90/bbl and CAD at par with USD, we now see CFPS (at full production) in the $2.50-3.00/sh range during the early years of production.

The updated price forecasts also increase our 10% NAV estimate by approximately $5.00/sh to ~$15.00/sh.

Earnings revision
As a result of the increased iron ore price assumptions, we are increasing our estimates for 2009 and 2010 EPS to $2.24 and $3.80, respectively.

Price catalyst
Based on the updated iron ore price assumptions, we are increasing our 12-month target price from C$7.75 to C$11.75.

Our target reflects a 6x multiple to our 2009 CFPS of $2.32, discounted back at 15% to account for potential development risk.

Our valuation is underpinned by our 10% NAV of approximately $18.00/sh based on Macquarie metal price assumptions and C$15.00/sh based on 2007 contract prices of $86.40/dmtu.

Upcoming catalysts include the receipt of the environmental permit.

Action and recommendation
We reiterate our Outperform rating and are increasing our target from C$7.75 to C$11.75. For a more detailed report please contact Macquarie Capital Markets Canada Ltd.

[tommy-hl]

CLM derzeit an der TSX schön mit über 4% im Plus gegen den allgemeinen Trend ...

Der Chart sieht inzwischen auch schon besser aus als bei den meisten Explorern ... würde sagen, das ist doch ein bullishes Zeichen ...

tommy

PS: Bekomme evtl. am Wochenende Kopie eines Börsenbriefes, der CLM als Kauf empfiehlt, aus Österreich ... denn die Österreicher wissen auch, was gute Aktien sind ...

[Deliberately]

Antwort auf Beitrag Nr.: 33.308.027 von tommy-hl am 08.02.08 12:48:42

Die Frage ist, können die Preise für Eisenerz wirklich dauerhaf
hoch bleiben, wenn die USA in eine sehr heftige Rezession rutschen
und der Weltwirtschaft doch einen merklichen Schlag versetzen.
Hier sehe ich doch ein beträchtliches Risiko.

Deliberately

[Walhalla77]

Antwort auf Beitrag Nr.: 33.314.867 von Deliberately am 08.02.08 20:53:39

..du hast also noch keine Anteile??

aber ist ja ein berechtigter Einwand , aber die Eisenerzpreise bleiben stabil hoch , für 2009/2010 auf alle Fälle.
Hier sind nämlich die Preisfindungsrunden zwischen den grossen 3 und den Hauptabnehmern durch.
Bei Eisenerz gibts keinen grossen Spotmarkt , das sind sehr langfristige Verträge über die die Hauptlieferungen abgewickelt werden.

[Walhalla77]

Antwort auf Beitrag Nr.: 33.315.465 von Walhalla77 am 08.02.08 21:38:05

..hier noch ein Artikel zur weiteren erwarteten Stahlnachfrage

http://www.ftd.de/boersen_maerkte/aktien/:Portfolio%20Expert…

..möchte auch noch auf Ferraus (FRS) in Australien hinweisen.
Auch ein interessantes Investment.

[tommy-hl]

Antwort auf Beitrag Nr.: 33.314.867 von Deliberately am 08.02.08 20:53:39

Die Risiken eines Investments zu betrachten ist immer wichtig. Zum Thema Eisenerz und weitere Preisentwicklungen hier ein paar Infos:

Der Markt wird von drei großen Produzenten beherrscht. Die großen „Drei“ sind Rio Tinto, BHP Billiton und CVRD. Diese Drei haben ein Oligopol und können weitere Preiserhöhungen durchsetzen. Das Oligopol bezeichnet eine Marktform, bei der es zwar viele Nachfrager, aber nur wenige Anbieter gibt (Angebotsoligopol).

Während früher die Hauptverbraucher USA, Japan und Europa waren, hat sich das Bild völlig verändert. Heute sind die Hauptverbraucher China und Indien, während der Anteil von USA, Japan und Europa immer weiter zurückgeht. China ist sozusagen die „Werkbank“ der Welt geworden, bedingt durch die niedrigen Löhne.

War der Anteil des Eisenerz-Verbrauches von China in 2005 noch bei 20%, wird der Anteil am weltweiten Verbrauch in 2008 schon auf rund 50% steigen, mit weiteren jährlichen Steigerungen. Der Anteil der USA liegt bei unter 10% mit fallender Tendenz. Selbst bei einer wirtschaftlichen Abkühlung in den USA (die derzeitige Panikmache mit Rezession ist übertrieben) wird das den weltweiten Eisenerz-Verbrauch höchstens um 2% beeinflussen, was durch die sich steigernden Verbrauche in China und Indien mehr als kompensiert wird.

Nicht umsonst haben künftige Eisenerz-Lieferanten wie CLM bereits Vorverträge mit Abnehmern bzw. stehen in Verhandlung mit Käufern. Northland Resources (NAU) ist sogar von der EU-Kommission eingeladen worden, um mit seinen ab 2010 möglichen Lieferungen aus Schweden einen Teil der Rohstoff-Versorgung der EU sicher zu stellen.

Durch die weiter steigende Nachfrage nach Eisenerz werden CLM und NAU auf hungrige Abnehmer treffen, und die bisherigen Gewinn-Kalkulationen für diese beiden Unternehmen werden sich wohl als viel zu niedrig erweisen. Bei CLM hatte ich nur 90 $/t berücksichtigt, obwohl jetzt schon 130 $ bezahlt werden und Spot-Preise von 190 $ erzielt werden.

Ich hoffe, dass Dir diese Infos bei Deiner Investment-Entscheidung weiter helfen.

tommy



Hier ein paar aktuelle Aussagen von Produzenten und Research-Häusern:

- Brazil's Companhia Vale do Rio Doce (CVRD), the world's top iron ore supplier, sees Chinese demand for the mineral growing at an average annual rate of 8 percent through 2012, Macquarie Research said.

- Macquarie quoted Renato Paladino, CVRD's chief China representative, as saying global iron ore seaborne demand would grow by 250 million tonnes between 2007 and 2012, with 76 percent of the growth expected to come from China.

- Last year, China acquired more than 50 per cent of the world's traded iron-ore. The leading trio of BHP, Rio and CVRD supply about 75 per cent of global iron-ore exports.

- Goldman Sachs JBWere commodities analyst Paul Gray said iron-ore prices will continue to rise until 2010 as demand outstrips supply.

- In anticipation of higher prices and strengthened iron-ore demand, BHP is planning to expand its rail links with its mines in the Pilbara region of Western Australia.

- Worldwide iron ore demand is expected to remain "accelerated" until at least 2015, Paulo Camillo Penna, president of Brazilian mining institute Ibram, told BNamericas.

- RIO TINTO EXPECTS BIG DEMAND FOR IRON ORE - 15 Jan 2008
RIO TINTO has stated that it expects a big demand for iron ore to continue based on the demand in China. According to RIO TINTO'S predictions, China is likely to double its iron ore imports over the next six years, as domestic demand underpins steel use. Together with limited imports from India as a result of taxes and India's own growing consumption, the outlook for the market will stay strong, RIO TINTO said. The increase in spot prices on imports into China indicated major upside for the market.

[tommy-hl]

Antwort auf Beitrag Nr.: 33.314.867 von Deliberately am 08.02.08 20:53:39

Hier noch als Ergänzung:
Was könnte mehr für einen Riesenbedarf an Eisenerz sprechen, als dass sich jemand die künftige Produktion von CLM für die ersten 7 Jahre bereits gesichert hat?

Kennst Du einen anderen Explorer, der solche Voraussetzungen bietet?

tommy

Consolidated Thompson Extends Definite Agreement With Worldlink Resources Limited to Sell 7 Million Tonnes of Iron

TORONTO, ONTARIO, Dec 18 (MARKET WIRE) --

Consolidated Thompson Iron Mines Ltd. ("CLM" or the "Company") is pleased to announce that it has extended its Definite Agreement (the "Agreement") with Worldlink Resources Ltd ("WL") from 5,000,000 tonnes to 7,000,000 tonnes of iron ore concentrate per year. WL is a major China Base integrated trading company for the supply of iron ore concentrates.

The company has entered into an exclusive distributor agreement for China under which WL will purchase, on commercially
reasonable terms, 7,000,000 tonnes of iron ore concentrate per year from CLM's Bloom Lake facility (the "Bloom Lake Concentrate").

The Agreement is for an initial seven-year term and can be renewed upon mutual agreement. The agreement with WL is subject to the receipt of all necessary regulatory approvals. WL is a successful integrated trading company engaged in the import and export of iron ore, coal and other dry bulk commodities, and has been marketing in China since 2000. WL has joint ventures with two Chinese steel mills, and has equity investments in two port terminals in China and Brazil. By providing long-term mineral resources, WL has been able to build consolidated marketing channels and relationships with major steel customers in China.

Richard Quesnel, President and CEO stated: "We are very pleased to have extended our off take agreement with WL, an outstanding partner with a well-recognized reputation. This agreement will ensure long-term access to the world's largest consumers of iron ore for our future product.

Bloom Lake is an extremely robust project as evidenced by the results of our recent feasibility study."

Bloom Lake Feasibility Study Summary:

- Bloom Lake to produce 7 million tonnes of high-quality 66.5%
concentrate per year beginning in 2009

- Capital Cost (excluding working capital): US $ 333 million

- Pre-tax IRR: 44.5% using US $ 0.633 per iron unit equivalent to revenue price of US $ 42.09/tonne of concentrate

- Total operating cost: US $ 19.76 / tonne concentrate

- NPV (at 12% Discount rate): US$ 739 million

- Total undiscounted Cash Flow: US $ 2.754 billion

- Forecasted yearly Cash Flow: exceeding US $ 150 million

- Payback of 2.4 years

The updated Feasibility Study is based on an output scenario of 7 million tonnes of iron concentrate per year with a mine life of 34 years. The Study's level of accuracy is considered to be +/- 10%. The economics were based on a 20 year mining plan. The Feasibility study was completed by Breton Banville & Associates ("BBA"), an international engineering firm based in Montreal with expertise in mining and mineral processing. The principal author of the report is Mr. Andre Allaire, Eng., M.Eng., Ph.D.and Mr. Patrice Live, Eng, was responsible for the update of the mining and the financial evaluation. They are both independent qualified persons
as defined in National Instrument 43-101 and have reviews the technical and scientific information in this news release.

About Consolidated Thompson:

CLM holds the Bloom Lake Iron Ore Property which is located in the Normanville Township, Duplessis County, Province of Quebec, on the south end of the Labrador Trough (approximately 400 km north of Sept-Iles). The Bloom Lake deposit is situated approximately 10 km north of the Mount-Wright iron ore mining operation of Quebec Cartier Mining Company.
The Company has approximately 81.4 million shares outstanding and trades on the TSX under the symbol "CLM".

[tommy-hl]

Folgender Artikel zu Metall-Rohstoffen und deren Aussichten in gekürzter Fassung:

2008, a Tale of Two Halves
Part 4: Materials and Utilities
by Hans Wagner, TradingOnlineMarkets.com | January 30, 2008

The beginning of a new year is a good time to make a new assessment of the important investment drivers and themes for the year. If you want to beat the market it is important to understand what is driving the markets and where the best sectors are to find good opportunities. By identifying these factors you will have a solid framework to assess the impact market movements and news events on your investment strategy.

Metals
Metals prices have risen sharply over the past three years and remain above their long term averages. This is particularly true of the key industrial metals: copper, nickel, steel and aluminum. This rise is unprecedented as prices of these commodities have reach very high levels driven by the global economic growth lead by China and India. Many analysts expect these strong increases in demand for most metals and minerals to continue through 2008 and 2009.

With low stocks and a likely continuation of supply side difficulties, most commodity prices are expected to remain well above their long run trend over the short and medium term. However, it is unclear how much impact a recession in the United States will have on metals and minerals prices. While the United States economy is a smaller percent of the World’s GDP, it still is the largest economy and it can be expected to have a reasonably large impact on the overall demand for these materials, and as a result the prices.

Viewed from a longer run perspective recent history and the IMF's forecasts suggest that we are currently going through a period of global growth not seen since the period of fast growth and reconstruction in OECD economies following World War 2. Specifically, there has been a structural shift favoring rapid growth in developing countries with large populations such as China and India. Growth in these economies will be resource intensive as they industrialize and urbanize.

The implications for commodity markets are likely to be significant over the long run. Projections for iron ore, aluminum and copper suggest that demand could double and even triple over the next 25 years. In time production can be expected to expand to meet faster growth in demand at more sustainable prices. But that pricing environment is expected to be significantly stronger than would be implied by historical trends.

It is expected that prices of many minerals and metals will remain above trend for longer than has been the case in the past because of constraints on the speed with which production capacity can be expanded over the next few years. Also most prices are expected to assume significantly higher average levels over the very long run than has been the case historically due to structural increases in industry costs. China has earmarked $420 billion and India has allocated $500 billion-$600 billion for infrastructure development under their current five-year plans. Right now politicians are very supportive of infrastructure growth.

However over the shorter term we can expect prices to react downward to the U.S. recession which will cause the share price of the materials companies to fall as well. Although copper spot prices have been fallen driven by fears of a global slowdown, Citigroup's research found that spot prices are well above year-ago levels. In the meantime, they assert that copper futures will remain above $2.60/lb through 2012 while aluminum is in contango through 2013.

The following is from Fitch Ratings and Thomson Financial.
Fitch Ratings said its rating outlook for the mining sector in 2008 remains stable, benefiting from favourable market conditions over the past 3-4 years that have enabled most producers to significantly strengthen their financial and liquidity profiles.

These strong financials provide more-than-ample rating headroom against an expected weakening of some commodity prices over the next 12 months and high ongoing cash outflows due to operating cost inflation, the ratings agency said.

Demand fundamentals for most commodities in 2008 will continue to be underpinned by strong fixed-asset investment demand from China, together with the industrialisation and corresponding economic growth of Brazil, Russia and India, Fitch said.

However, 2008 is likely to see a divergence in pricing and demand trends between different commodities, but prices will remain at historically high levels, reflecting continuing tight supply and an upward shift in industry cost bases over the past 2-3 years, Fitch said.

The outlook is strongest for steelmaking raw materials, with year-on-year price increases of up to 50 pct possible in the forthcoming contract price negotiations due to continuing tight supply and forecast steel production growth of around 5-6 pct.

Komletter Artikel: http://www.financialsense.com/fsu/editorials/wagner/2008/0130.html

[tommy-hl]

In der Januar-Ausgabe behandelt der "Austria-Börsenbrief" kurz das Thema Eisenerz und empfiehlt seinen Lesern CLM zum Kauf:


Austria Börsenbrief - Nr. 2a / 2008 , J ä n n e r 2 0 0 8

EISENERZ

Die starke Nachfrage seitens China für Stahl, dessen Ausgangsrohstoff Eisenerz ist, steigt kontinuierlich Jahr für Jahr. Die China Iron and Steel Association (CISA) erklärte anlässlich des Gipfeltreffens (China Iron and Steel Development and Investment) Ende 2007, dass man 415 Millionen Tonnen Eisenerz für das laufende Jahr einführen werde. Dies wäre ein Zuwachs von 11% gegenüber dem letzten Jahr. 2007 wurden 375 Millionen Tonnen Eisenerz seitens China importiert was einem Plus von 14.9% gegenüber der Vorjahresperiode entspricht.

Trotz der massiven Preiserhöhung – man geht von 30% aus – für 2008 wird die Nachfrage darunter kaum leiden. Denn das Reich der Mitte benötigt Eisenerz („koste es was es wolle“), um die Stahlproduktion am Laufen zu halten. Neben China kommen auch hohe Bedarfsmeldungen aus Russland und Indien. Im 2007 gegenüber 2006 stiegen die Eisenerzimporte nach Indien um über 10% natürlich basierend auf tieferem Ausgangsniveau als China.

Das Departement für Stahl in Indien (Indian Ministry of Steel) unterbreitete letzte Woche eine Empfehlung an das Finanzministerium, dass eine Exportsteuer von 10-15% für Eisenerz erhoben werde. Indien benötige Eisenerz für ihre eigene Stahlindustrie.


Consolidated Thompson Iron Mines Ltd (CLM.TSX)
www.consolidatedthompson.com

Weltklasse Lagerstätte – Minenleben über 30 Jahre – Ort: Kanada
Börsen: Toronto, Frankfurt WKN A0KFDB – ZEF 652/1 –
Anzahl Aktien (f/d) 89.9 Mio. - Kurs CAD 5.90 – EUR 4.00

Consolidated Thompson Iron Mines Ltd verfügt über ein hochkarätiges Management Team mit Bruce Humphrey an der Spitze. Bruce machte sich erstmals einen Namen als einer der Top Manager von Goldcorp (einer der weltgrößten Goldproduzenten) und setzte seine Erfolgsserie mit Desert Sun Mining fort bis jene im 2006 von Yamana Gold übernommen wurde.

Mit der Eisenerzförderung beginnt CLM im 1. Quartal 2009 aus dem Bloom-Lake-Eisenerz Deposit in Labrador Trough in der Provinz Quebec. Geplant ist ein Jahresausstoß von 6-7 Mio. Tonnen Eisenerz.

Die Infrastruktur ist komplett erstellt. Beginnend vom Straßenbau, der Eisenbahnverbindung bis zum Verschiffungshafen, dem Stromnetz etc. Consolidated Thompson Iron Mines Ltd weist zur Zeit offiziell anerkannt 190 Mio. Tonnen Eisenerz Ressourcen aus und verfügt somit über ein Minenleben von über 30 Jahren. Von einer Erhöhung der Vorkommen bedingt durch das gute Explorationspotenzial kann ausgegangen werden.

Bereits gegen 40% der gesamten Stahlproduktion (Eisenerz ist das Ausgangsprodukt) wird von China absorbiert, 16% Westeuropa und knapp 8% verbrauchen die USA. Für die Chinesen liegt das Problem in der Dominanz der 3 großen Eisenerzförderer – CVRD (Brasilien), BHP Billition und Rio Tinto, die 70% des Eisenerzmarktes kontrollieren und somit mehr oder weniger auch dessen Abnahmepreise. Gesellschaften wie CLM, die unabhängig sind und eine gute Eisenerzqualität andienen, werden seitens der Asiaten mit offenen Armen empfangen.

Die Analysten von Macquarie Research, Toronto geben in ihrer Studie vom 14. Januar 2008 ein 12 Monatsziel von CAD 11.75 an (ca. EUR 8,-). Für das Kalenderjahr 2009 wird ein Gewinn pro Aktie von 2.24 erwartet, was einem KGV von weniger als 3 entsprechen würde, basierend auf dem heutigen Aktienkurs. Ein klarer Kauf für alle Eisenerz interessierten Investoren. WKN A0KFDB

[KGV900]

Danke fürs reinstellen, im Endeffekt nichts neues, was wir nicht schon wussten.

Was könnte mehr für einen Riesenbedarf an Eisenerz sprechen, als dass sich jemand die künftige Produktion von CLM für die ersten 7 Jahre bereits gesichert hat?

Kennst Du einen anderen Explorer, der solche Voraussetzungen bietet

Ja es gibt in der Tat mehere Explorer die solche Vereinbarungen mit potenziellen Abnehmern treffen, beispielsweise Baffinland mit Thyssen oder Fortescue mit Hangzhou.

Für mich ist dieser Punkt jedoch nicht Kaufentscheidend, wichtigere Punkte sind in meinen Augen Infrastruktur!!!!, Management, Kosten, Cash-Flow etc. und diese sprechen nun mal für Consolid Thomps.


Gruss

[tommy-hl]

Habe heute eine weitere Position CLM-Aktien gekauft. Wer weiß schon, wie lange man die noch so günstig kaufen kann ...

Übrigens gibt es bei comdirect eine Bilanzprognose für CLM. Dort wird der geschätzte Gewinn pro Aktie mit (umgerechnet) 1,56 EUR genannt und für 2009 ein KGV 2,88 ausgewiesen, bezogen auf den heutigen Aktienkurs.

tommy

[SKGold]

Antwort auf Beitrag Nr.: 33.343.162 von tommy-hl am 12.02.08 16:11:50

Hallo tommy,

ich habe mal deine Stratgie durchgelesen und finde diese nicht schlecht.
Ich selber habe in meinen Depot noch ein Verhältnis 2/3 Gold und Silber zu 1/3 Eisenerz.

Habe mir Heute auch eine Langfristposi Consol.Thompson ins Depot gelegt. Werde bei Rücksetzern natürlich noch nachkaufen, da ich nicht mein ganzes Cash in einen Kauf stecke.

Finde die Entwicklung der Firma sehr interessant und vor allem ist für mich der ausschlaggebende Punkt die zeitnahe Produktion (1. Halbjahr 2009) gewesen.

Also auf eine sehr gute Gewinnmaximierung.

SKGold

[tommy-hl]

Antwort auf Beitrag Nr.: 33.346.384 von SKGold am 12.02.08 20:00:51

Hallo SKGold,

dann willkommen an Bord von CLM. Bin ja selber noch ganz frisch dabei, aber als ich die Aktie zu analysieren begann wurde mir klar, welches Super-Chance/Risikopotenzial sich hier als Investor bietet.

Woher kennst Du denn meine Anlagestrategie? Die hab ich doch weder hier noch im Northland-thread gepostet ...?

Ja, auf eine gute (gemeinsame) Gewinn-Maximierung ...

tommy

[SKGold]

Antwort auf Beitrag Nr.: 33.357.399 von tommy-hl am 13.02.08 17:48:34

Hallo tommy,

ich lese ja auch noch woanders und da ist sie mir, glaube ich im Geovic Thread aufgefallen.

Übrigens schöner Verlauf Heute:



Schöne Grüße

[tommy-hl]

.
Rio Tinto ist weiterhin für Eisenerz bullish ...

Commodities may hit more record peaks-Rio Tinto
Wed Feb 13, 2008

LONDON, Feb 13 (Reuters) - Commodity prices may shatter recent records and hit fresh peaks as buoyant demand for metals is little affected by any downturn in the United States, mining group Rio Tinto said on Wednesday.

"Looking forward, it is entirely possible that some commodity prices have yet to reach their cyclical peaks," Rio's Chief Economist Vivek Tulpule said in a statement released along with the firm's full-year results

Many investors are cautious about the resources sector, concerned that commodity prices will stagnate or fall due to a possible recession in the United States and more supply from new mines coming on stream.

But Rio believes that strong demand from China and other developing nations will offset weakness in Western economies, Tulpule said.

"It is important to remain mindful of macro-economic risks relating to OECD growth," he said.

"However, it is also important not to exaggerate these risks as our modelling suggests that they should not have a significant impact on the developing economies that have been the growth engines of commodity demand."

Chinese economic growth is expected to remain strong at around 9-10 percent even amid a sharp U.S. recession, he said.

Global aluminium consumption rose last year at its fastest rate in recent history while higher costs and a stronger currency has boost marginal costs of production in China.

In copper, constrained supply conditions and above-average demand growth in 2008 mean that prices should hold well above trend levels. Growth in iron ore supplies from high-cost producers are expected to slow this year while steel output is seen growing strongly.

"In this environment of strong demand growth and constrained supply, the iron ore markets can be expected to remain and perhaps become increasingly tight," Rio said. Rio has rejected a sweetened but hostile takeover offer worth $147 billion from rival BHP Billiton.
(Reporting by Eric Onstad; editing by Michael Roddy)
www.reuters.com

[KGV900]

Teck Cominco wants iron ore business, but nobody is selling, CEO says
The Canadian Press
February 12, 2008 - 2:50 p.m.

VANCOUVER - Teck Cominco Ltd. (TSX:TCK.B) is interested in getting into the iron ore business, but chief executive Don Lindsay said Tuesday that nobody wants to sell out to the mining company in an industry that has been red hot and getting hotter.

"Those who are in the iron ore industry already, particularly the three key players, are experiencing the best times of their lives in iron ore," Lindsay told a conference call with analysts.

"It's going from a fantastic business to a spectacular business and they kind of want to hang on to their assets."...



Mein Fazit:

Eine nette Bestätigung für das Investment!! Hier muss man einfach langfristig dabei sein, um ordentlich abzuräumen. Eine Übernahme im Mrd-CAD-Bereich ist für mich nicht unrealistisch.

Chartechnisch gehe ich von weiter steigenden Kursen, erstes Ziel ist ca. 7,5 CAD danach besteht die Gefahr am Widerstand nach unten abzuprallen. Langfristig gesehen sind Kurse im zweistelligen Bereich ein MUSS!


Gruss

[tommy-hl]

Eisenerz
- Indien befürchtet, dass sie vom Eisenerz-Netto-Exporteur zum Eisenerz-Netto-Importeur werden ...
- es könnte zu Restriktionen kommen, was bedeuten würde, dass auf dem Weltmarkt weniger Eisenerz angeboten wird …
- Eisenerz bekommt immer mehr eine strategische Bedeutung …
- gut für die Eisenerz-Explorer, wie CLM und NAU, die in den nächsten 2 Jahren mit der Produktion beginnen und mit ihrem zusätzlichen Angebot auf hungrige Abnehmer treffen …

At the core, there’s the ore - Ajoy K Das - Friday, February 15, 2008

Steel producers are desperately seeking curbs on iron ore exports to ensure a sustained availability of the mineral as production is ratcheted up over the coming years. Unless proper fiscal disincentives are put in place immediately, steel could well go the chrome way, say manufacturers

Even as it keeps its fingers crossed in the run up to the Union Budget, the steel industry is fervently hoping the finance minister would take a lesson or two from China and put in play fiscal disincentives to enable conservation of raw materials and stop people from making the short-term big bucks from exporting them.

India meets 14% of world supply of iron ore after Brazil and Australia with a production of around 110 million tonnes per annum (mtpa), of which 80% is shipped to China alone.

Total steel production in India is estimated at 40 mtpa.
While the ore supply is sufficient at this point of time, steel producers are widely debating if there is enough ore available for production to be ratcheted up to 110 mtpa or more, should the producers continue feeding the Chinese demand.

Says Vishal Agarwal, managing director, Visa Steel: “Indian steel industry needs a combination of fiscal measures in the budget and trade policies to prevent iron ore going the chrome ore way. If China can slap export tax to prevent metallurgical grade coal from being shipped out, it is also in our national interest to stop the floodgates of ore export and reduce cost of raw materials for domestic steel companies.”

On January 1, China levied a steep 25% export tax on overseas sales of coke. At the current international price of $400 per tonne of coke, the levy works out to $100 per tonne.

Union finance minister P Chidambaram had attempted a similar move in case of iron ore exports from the country by proposing an export tax levy ranging of Rs50-300 on iron ore in the last Budget. But, this failed to stem shipments since ore prices have skyrocketed from levels of $60 per tonne to $130 per tonne, enabling most exporters to comfortably absorb the fiscal disincentives.

According to Agarwal, for ore grade with ferrous content of less than 62%, the export levy works out to Rs50 per tonne, or a shade above $1 per tonne, in sharp contrast to $100 per tonne that the Chinese have levied to prevent coke being exported from their country.

India, terribly short in reserves of coking coal, imports close to 19 mtpa of coking coal and 9 mtpa of coke as many of the non-integrated steel plants do not have the coke oven batteries for supplies of coke. The rise in international price has thus led to a cost-induced rise in the prices of finished steel.

As a counterfoil, the steel industry is banking on the Budget to ensure the exports of ore taper off and its price come down in the domestic market.

If not, Indian iron ore may well head the same way as chrome ore — once a net exporter of chrome ore, the country is now a net importer of the input. This has stunted the growth of the domestic stainless steel industry.

Reserves of chrome ore are so depleted that it is now mined at depths of over 300 meters, increasing mining costs.

The government has only now banned the export of chrome ore with chrome oxide (Cr2O3) content higher than 54%. Exports of ore with lower chrome oxide content of 54% is also subject to quantitative restrictions — the cap has been pegged at around 4 lakh tonne for this fiscal and this would be progressively reduced to 3 lakh tonne in the next and nil over the next few years.

The steel industry is hoping for the same in case of iron ore.
The Union steel ministry has submitted a proposal with finance ministry that envisages a 15% ad valorem (by value) levy on iron ore exports, since specific rates have failed to act as a disincentive in the face of rising international prices.

Such a budgetary move would have to be matched by quantitative restrictions as in the case of chrome ore, in the next Exim policy to be announced by Union commerce ministry.

In a desperate bid to contain rising input costs, the steel industry has also sought removal of the nominal 5% import duty on thermal coal.

Total imports of thermal coal into the country are estimated at 15 mtpa, the bulk of which is consumed by the power sector, and some by steel producers to feed their captive power plants. With the international price of thermal coal at $150 per tonne, even a 5% reduction in landed costs would enable steel producers to limit the impact of higher input costs on the prices of finished steel.
source: www.dnaindia.com

[tommy-hl]

In einer neuen Bankanalyse zu dem Eisenerz-Explorer NAU ist auch ein "peer group" Vergleich, bei dem CLM auch sehr gut abschneidet. Deshalb poste ich hier mal die Aussagen:

Der neue Analyst des Investmenthauses Pareto hat in der neuen Studie ein 12-Monats-Kursziel für Northland Resources von NOK 55 gemacht, was ca. 6,90 EUR entspricht. Aber das ist nur das „Vorspiel“ und nicht die ganze „Liebesnacht“ …

Denn der Analyst hat auch eine erste Schätzung für die Umsatz/Gewinnentwicklung für die ersten Produktionsjahre von Northland gemacht.

Und diese möchte ich hier mal bekannt geben, denn hier sind ja Investoren bzw. an NAU Interessierte und ich finde es nur fair, wenn alle diese Zahlen sehen können. Die Schlussfolgerungen muss dann jeder für sich selber machen.

Die Zahlen sind alle aus der Bankanalyse und sind nicht meine Angaben. Ich selber rechne nur am Ende den Gewinn pro Aktie in EUR um und ergänze das Kurspotenzial auf Basis eines angenommenen KGV 10. Wer lieber ein anderes KGV als mögliches Ziel haben möchte, kann das dann ja selber umrechnen.

(Angaben in Millionen US-Dollar)

Jahr ……………. 2010 . 2011 . 2012
Umsatzerlöse ….. 294 .. 875 . 1.134
Prod.kosten/Opex. 139 . 340 … 472
Abschreibg/Capex . 60 … 73 ….. 77
--------------------------------------------------------------------
= EBIT ……………..… 95 . 462 .. 585
Finanzierungskost. … 96 .. 95 … 61
--------------------------------------------------------------------
Bruttogewinn EBT) .. (1) . 367 .. 524
abzügl. Steuer ………0…110 .. 158
Nettogewinn ……..... 0 .. 257 . 366

Gewinn/Aktie USD .. 0 . 2,17 . 3,10 .. (118 Mio. Aktien)
Gewinn/Aktie EUR .. 0 . 1,44 . 2,06
Ergibt KGV ………. --- .. 1,3 ….0,9 (Basis Kurs EUR 1,90)

Aktienkurs KGV 10: … 14,40 .. 20,60 EUR
Kurspotenzial: ………. 650% .. 980%

Der Analyst sagt meines Erachtens zu Recht, dass NAU zurzeit völlig unterbewertet ist. Spätestens wenn die Machbarkeitsstudie den wirtschaftlichen Erfolg bestätigen wird, werden wir völlig andere Aktienkurse sehen!


Interessant ist, dass er bei seiner Umsatzberechnung von sehr niedrigen Preisen für Eisenerz ausgeht:
2010 für sinter = 63 USD/t, für pellets = 100 USD/t
2011 für sinter = 61 USD/t, für pellets = 97 USD/t

Heute werden für iron ore sinter 130 USD/t bezahlt und für iron ore pellets 190 USD/t. Für das laufende Jahr sind Preissteigerungen von mindestens 30% zu erwarten. Dadurch ergibt sich ein enormer Gewinnhebel, der wohl dazu führen wird, dass auch im Jahre 2010 bereits Gewinne erwirtschaftet werden.


Jetzt verlasse ich mal die Bankstudie:

Wenn ich mal für das Jahr 2010 Preise von 100 USD/t für sinter und 137 USD/t für pellets ansetze (was deutlich unter den heutigen Preisen ist), entsteht für 2010 folgende Bilanz:

Jahr ………….…. 2010
Umsatzerlöse ….. 400 Mio. USD
Prod.kosten/Opex. 145
Abschreibg/Capex . 60
--------------------------------------------------------------------
= EBIT ……………… 195
Finanzierungskost. … 96
--------------------------------------------------------------------
Bruttogewinn EBT) …. 99
abzügl. Steuer …….…30
Nettogewinn ……..... 69

Gewinn/Aktie USD .. 0,58 (118 Mio. Aktien)
Gewinn/Aktie EUR .. 0,39
Ergibt KGV ………... 4,9 (Basis Kurs EUR 1,90)
Aktienkurs KGV 10: 3,90 EUR in 2010

Daraus kann angenommen werden, dass NAU bereits in 2010 Gewinne erwirtschaften wird.


Zurück zur Bankstudie:

Interessant ist auch ein Vergleich (peer comparison) zu anderen Explorern nach der „Earned Value Analysis“ bzw. „Leistungswertanalyse“. Die Zahlen beschreiben das Verhältnis zwischen derzeitiger Marktkapitalisierung/Capex/Cashbestand/Kostenreduzierung durch Beiprodukte zu der Eisenerz-Ressource. Je niedriger der Wert, desto niedriger ist die Aktie bewertet.

Es wurden nur die nach NI 43-101 bestätigten „measured“ und „indicated“ Werte genommen (nicht die „inferred“ Werte). Bei NAU wurde nur die Ressourcen von den Projekten Stora Sahavaara und Hannukainen verwendet. Nicht genommen wurden die Werte von Tapuli, wo ja die Ressourcen-Bestätigung nach NI 43-101 im April/Mai 2008 erwartet wird.

Hier ein paar Vergleiche aus der Bankanalyse:

16,2 USD/t Fortescue Metals
10,2 USD/t Baffinland
3,6 USD/t Consolidated Thompson Iron Mines
2,8 USD/t Northland Resources

Fortescue Metals steht kurz vor dem Produktionsbeginn Mitte 2008 und hat entsprechend eine viel höhere Bewertung. Fortescue Metals wird heute fast 6x höher bewertet als NAU.

In weniger als 2 Jahren beginnt bei NAU die Produktion. Nehmen wir hier die gleiche Bewertung wie bei Fortescue Metals, hat NAU ein Kurssteigerungs-Potenzial von 478% bis Ende 2009 oder eine (fast) Versechsfachung des heutigen Aktienkurses.

Wenn in 2-3 Monaten noch Tapuli dazu kommt, wird der ohnehin niedrige Wert von 2,8 USD/t noch niedriger ausfallen, womit das Upside-Potential noch höher sein wird.

Meine bisherige Einschätzung, dass wir es hier bei NAU mit einem 10-bagger zu tun haben, wird durch die neue Bankstudie bestätigt. Dabei handelt es sich nicht um eine „Markus Bäckermeister Luftnummern-Zielvorgabe“, sondern basiert auf nachvollziehbaren Daten und Angaben. Über das künftige KGV könnte man sich streiten. Ich rechne mit einem später durchschnittlichen KGV 10; wer es konservativer mag, kann ja niedrigere Werte ansetzen.

NAU ist eine der wenigen außergewöhnlichen Gelegenheiten, die sich einem Investor bietet, um ein gut geführtes Unternehmen (gutes Management) mit nachgewiesenen hochwertigen Ressourcen zu spottbilliger Bewertung zu erhalten. Der hohe Cashbestand von vielleicht heute 130 Mio. C$ bietet zusätzliche Sicherheit.

Die in o. g. Bankstudie ermittelten Umsatz- und Gewinnprognosen sind sehr konservativ vorgenommen worden und werden nach m. M. deutlich übertroffen werden.

Wir werden mit NAU und CLM noch viel Freude haben ... is just a matter of time ...

Gruß @ all

tommy

[MFC500]

Antwort auf Beitrag Nr.: 33.391.106 von tommy-hl am 16.02.08 13:39:34

Ohne das hier vertiefen zu wollen (diesbezügliche Diskussionen sollten im Northland-Thread geführt werden), eine Anmerkung: Paleto rechnet mit einer Capex iHv 1,2 Mrd Dollar. Diese wird sicher nicht vollständig fremdfinanziert werden, d.h. die bei der KGV-Berechnung zugrunde gelegte Anzahl der Aktien ist deutlich zu niedrig. Würden z.B. 300 Mio (entsprechend 25% der angenommenen Capex) durch EK finanziert, bedeutete dies beim aktuellen Kurs rund 113 Mio zusätzliche Aktien.

Spätestens wenn die Machbarkeitsstudie den wirtschaftlichen Erfolg bestätigen wird, werden wir völlig andere Aktienkurse sehen!

Das wird sich zeigen. In Abhängigkeit von den tatsächlichen Kosten (Capex/Opex) kann das Pendel genauso gut in die andere Richtung ausschlagen, nicht zuletzt aufgrund der schwierigen Rahmenbedingungen. Langfristig scheint die Aktie gleichwohl sehr vielversprechend

[SKGold]

Antwort auf Beitrag Nr.: 33.391.106 von tommy-hl am 16.02.08 13:39:34

Hallo tommy,

mal ein Frage an dich, nach meinem Recherchen dürften auch alle Genehmigungen bei Consol. vorhanden sein?
Oder habe ich was überlesen?

Hier sitzen wir auf einem Unternehmen was ein sehr schönes und kontinuierliches Wachstum vor sich hat!

Gruß
SKGold

[tommy-hl]

Antwort auf Beitrag Nr.: 33.395.489 von SKGold am 17.02.08 16:34:37

Hallo SKGold,

soweit ich weiß, fehlt noch die endgültige Genehmigung zur Produktionsaufnahme, mit den Einwohnern in der Gegend ist aber schon eine Einigung erzielt worden, damit ist wohl die letzte Hürde genommen. Die Genehmigung der Umweltbehörde steht auch noch aus, soweit ich weiß, aber die Unterlagen zur Prüfung sind alle eingereicht ... Auf jeden Fall ist CLM viel weiter, als die meisten Explorer ...

 Completed :
– Technical review NI 43-101 of the mineral resources at Bloom Lake
– Positive Scoping Study on Bloom Lake
– Feasibility Study confirming economic viability @ 5.0 Mtpy
– Closed $42 M Financing
– Submitted Environmental Impact Study and retained BBA for the EPCM
– Feasibility Study on Expansion of Bloom Lake to 7.0 Mtpy
– Closed $200 M Equity Financing
– Secured equipment with long lead times – AG mill and gyratory crusher
– Long-term contracts for sales of iron ore: 100% for 7 years

 Advanced into the development-stage of a World class iron ore project:
– Reviewing potential increase in throughput
– Finalizing last Phase of Financing: Debt Financing
– Finalizing transport arrangements
– Initiating Construction in Q1 2008

[tommy-hl]

@ Peekoo

Weit über 500.000 Aktien jeden Tag als „Angebot“ …

Du schaust auf das „Angebot“, also den Verkauf von Aktien und übersiehst dabei die „Nachfrage“, also den Kauf der Aktien. Die Frage ist doch: Wer kauft all diese Aktien, denn ohne Käufer würde ja ein so hohes Handelsvolumen nicht stattfinden …

Die in den letzten Monaten getätigten Verkäufe sind ausgelöst worden durch die Panikmache in den Medien über die Abkühlung der US-Wirtschaft und übertrieben dargestellter Möglichkeit einer Rezession. Was macht man da als kluger Investor?

Was sich so einfach anhört, gehört zu den schwierigsten Entscheidungen im Leben eines jeden Anlegers. Wann ist eine Aktie günstig, wann ist sie teuer? Wann ist der Gesamtmarkt in einer Übertreibung nach oben, wann nach unten? Es liegt in der Natur der Dinge, dass es vor allem Privatanlegern wesentlich leichter fällt, Aktien zu kaufen, wenn die Stimmung bestens ist, als einzusteigen, wenn Angst und Panik vorherrschen.

Doch genau darin liegt das Erfolgsgeheimnis von Investment-Legenden wie Warren Buffett. Dieser befindet sich aktuell auf Einkaufstour und ist besonders dort aktiv (im Finanz- und Immobiliensektor), wo die Angst derzeit am größten ist. Bei Rohstoff-Explorern wie NAU erleben wir Aktienkurse, die nichts mit der Entwicklung des Unternehmens zu tun haben, sondern der allgemeinen Hysterie zuzuschreiben sind.

Entscheidend ist, dass wir (die wir von dem Unternehmen und seinem Management überzeugt sind) uns nicht von der vorüber gehenden Panik anstecken lassen, sondern die derzeitigen Schnäppchen-Kurse zum Einkauf nutzen.

Nach meiner persönlichen (subjektiven) Überzeugung wird NAU die Produktion erfolgreich starten, wird Riesengewinne erwirtschaften und seine Aktionäre reich machen … Aber das ist meine persönliche Schlussfolgerung, losgelöst von der derzeitigen Panik, die nur temporärer sein wird und nichts mit NAU, nichts mit der riesigen Nachfrage nach Eisenerz, und nichts mit dem Gewinnpotenzial dieser Aktie zu tun hat.

Löse Dich von der Massenhysterie, frage Dich wer denn wohl die Aktien kauft (die angeboten werden), befasse Dich mit dem Eisenerz-Markt, verfolge die professionelle Entwicklung des NAU-Managements … und Du kommst zu Deiner eigenen Entscheidung …



@ Captain

Zunächst mal stehe ich mit dem Unternehmen in persönlichem Kontakt. NAU ist mein Top-Favorit und hier investiere ich meine größte Summe an Geld, weil all die mir vorliegenden Informationen nur eines ergeben: Maximales Gewinn-Potenzial bei relativ niedrigem Risiko (z. B. Ressourcen in Schweden und Finnland).

Bevor ich mein privates Geld in eine Sache oder ein Unternehmen stecke, frage ich mich: Was springt für mich dabei heraus? Welches Risiko besteht? Wie hoch mag der Gewinn sein? Bei NAU stimmt einfach alles: Niedriges Risiko bei hoher Gewinnchance …

Hier mal die drei Hauptprojekte mit einigen Angaben und den zu erwartenden weiteren kurzfristigen Maßnahmen:


Tapuli – Das Ziel ist es, die Produktion schon Ende 2009 zu starten (fast track)

[tommy-hl]

Antwort auf Beitrag Nr.: 33.396.723 von tommy-hl am 17.02.08 20:53:02

Sorry, da hat mit die Technik einen Streich gespielt ...

Das letzte posting gehört nicht hierher ...

Liegt vielleicht daran, dass der FC Bayern gewonnen hat ...

[SKGold]

Antwort auf Beitrag Nr.: 33.396.365 von tommy-hl am 17.02.08 19:37:54

Hallo tommy,

vielen Dank für die schnelle Antwort.

Gruß
SKGold

[SKGold]

Antwort auf Beitrag Nr.: 33.396.365 von tommy-hl am 17.02.08 19:37:54

Hallo tommy,

danke für deine schnelle Antwort.

Gruß
Sascha

[tommy-hl]

.
Chinesische Stahlkocher werden wohl eine Rekord-Preiserhöhung für Eisenerz in 2008 akzeptieren müssen ...


Steel firms may have to accept rise

Steel makers may be forced to accept a near-record increase in the price of iron ore because Chinese demand is outpacing supply and spot prices have surged, analysts said.

Iron ore sold under long-term supply contracts probably will rise 45 percent to 80 percent once steel makers and mining companies conclude annual negotiations for 2008, according to four analysts surveyed by Bloomberg News. The biggest gain ever was 71.5 percent in 2005.

Cia. Vale do Rio Doce, BHP Billiton Ltd and Rio Tinto Group, the world's three biggest iron-ore producers, are seeking to raise prices for a sixth straight year. The companies may be pushing for a bigger increase after spot prices rose in January to almost twice the 2007 contract price, said Rogerio Zarpao, a steel analyst at Unibanco.

"Opening the negotiations at 100 percent would not be absurd, but prices are more likely to close at 70 to 80 percent," Roger Downey, director of equity research for Credit Suisse in Sao Paulo, said yesterday. Credit Suisse on January 17 raised its official forecast to 55 percent from an estimate late last year of 35 percent.

Citigroup Global Markets last week doubled its price rise forecast to 60 percent from 30 percent after Australian producers diverted more iron ore to the spot market.

Shanghai Daily February 13, 2008)
www.china.org.cn

[KGV900]

Antwort auf Beitrag Nr.: 33.395.489 von SKGold am 17.02.08 16:34:37

bezüglich der Genehmigung, natürlich ein Restrisiko bleibt vorhanden, schließlich weiss man nie was die Zukunft so bringt
dieses Risiko ist für mich jedoch absolut überschaubar. Das es sich um eine minenfreundliche Gegend handelt,
wird bei betrachten der Karte schnell ersichtlich.




Gruss

[KGV900]

Presse: Nippon Steel, JFE und weitere Stahlkonzerne akzeptieren massive Eisenerz-Preiserhöhung
Montag 18. Februar 2008, 11:34 Uhr



Tokio (aktiencheck.de AG) - Die vier größten japanischen Stahlkonzerne Nippon Steel Corp. (ISIN JP3381000003/ WKN 859164), JFE Holdings Inc. (ISIN JP3386030005/ WKN 724564), Kobe Steel Ltd (München: 858737 - Nachrichten) . (ISIN JP3289800009/ WKN 858737) und Sumitomo Metal Industries Ltd. (ISIN JP3402200004/ WKN 856878) haben einer deutlichen Preiserhöhung für Eisenerz zugestimmt.

Wie die japanische Wirtschaftszeitung "Nikkei (Nachrichten) " am Montag berichtet, werden
Anzeige
Eisenerzimporte des brasilianischen Eisenerzproduzenten Vale (ehemals Companhia Vale do Rio Doce, CVRD) (ISIN US2044121000/ WKN 907799) ab dem kommenden Fiskaljahr 2008 um 65 Prozent teurer. Die vereinbarte Preiserhöhung kostet die vier japanischen Stahlkonzerne rund 500 Mrd. Japanische Yen (JPY) im Jahr zusätzlich, so der Artikel.

Ähnliche Vereinbarungen stehen dem Bericht zufolge mit dem britisch/australischen Minenkonzern BHP Billiton Ltd. (ISIN AU000000BHP4/ WKN 850524) und dem britisch/australischen Bergbaukonzern Rio Tinto plc/ Ltd. (ISIN GB0007188757/ WKN 852147) (ISIN AU000000RIO1/ WKN 855018) bevor.

Unter Berücksichtigung der gestiegenen Transport- und Kohlekosten dürfte die japanische Stahlindustrie im Fiskaljahr 2008 mit zusätzlichen Kosten von insgesamt mehr als 1 Bio. JPY belastet werden, so der "Nikkei" weiter.

Die Aktie von Nippon Steel (Berlin: NPS.BE - Nachrichten) schloss heute in Tokio bei 575 JPY (+3,23 Prozent) und die von JFE bei 4.410 JPY (+6,26 Prozent). (18.02.2008/ac/n/a)

http://de.biz.yahoo.com/18022008/85/presse-nippon-steel-jfe-…

[tommy-hl]

.
Consumption of iron ore skyrocketing

By: Esmarie Swanepoel - Published: 15 Feb 08

A worldwide iron-ore supply deficit of between 20-million tons and 25- million tons is likely in 2008, international financial services group Credit Suisse states. This deficit comes on the back of a high demand from steel mills.

Credit Suisse also expects annual term iron-ore prices to rise by 55%, versus a consensus forecast of a 35% price hike. Iron-ore producers Vale, Rio Tinto and BHP Billiton set the price of iron-ore annually, after negotiations with steel producers in Europe, Japan and China.

Global financial services firm Lehman Brothers says iron-ore prices are expected to “exceed” market expectations “significantly”. While global consumption of most metals and bulk commodities has, in the last five years, skyrocketed, a lack of available supply has limited global consumption of iron-ore.

Last year was one of the tightest-ever markets for iron-ore, leaving some steelmakers short of the raw material, while Asian heavyweight China was the largest consumer of iron-ore, which translated into steel production reaching the 489-million-ton mark.

The International Iron and Steel Institute (IISI) reports that it typically takes about 1,5 t of iron-ore, and about 450 kg of coke, to produce one ton of pig iron, the raw iron that comes out of a blast furnace.

Most iron-ore is extracted in the opencast mines of Australia and Brazil, carried to dedicated ports by rail, and then shipped to steel plants in Asia and Europe.

Iron-ore has become an investor’s choice and the seaborne iron-ore market is benefiting from a combination of very strong demand growth, particularly in China, and a slowdown in supply growth from India and the domestic Chinese mines.

Exports from Brazil and Australia have also failed to meet expectations owing to weather- related problems and infrastructure constraints, adds Lehman.

The rate of Chinese iron-ore production is slowing, though still up by about 20% year-on-year from January to November, in 2007. Lehman states that after peaking at almost 68-million tons in June 2007, the country’s monthly iron-ore production has been relatively stable between 60-million and 65-million tons a month.

China’s imports of iron-ore from India have been slowing dramatically, owing to supply constraints and consequently increased by only 4% in 2007. Nearly a quarter of Chinese iron-ore is imported from neighbouring India.

With iron-ore production not meeting expect-ations, iron-ore inventories in China are reported to be unusually low, transport problems and bad weather denying some mills supplies of the sought-after ferrous metal.

Meanwhile, Lehman finds that the marginal cost of production of iron-ore has been increasing, as higher-quality Chinese iron-ore resources are depleted and an increasing portion of Chinese mine supply of iron-ore is coming from small, low-grade, underground mines. This high-cost, nontraditional supply has been necessary to meet underlying demand, and the company states that it is estimated that the marginal cost of iron-ore is currently at least $85/t, and rising.

Spot prices for Indian ore in China have surpassed the $200/t mark, against a delivered cost of $85/t for Australian iron-ore, bought under contract, and a delivered cost for Brazilian ore of $135/t.
Iron-ore producers Rio Tinto and BHP Billiton sell most of their iron-ore on contract, losing out on a spot price that has increased some 150% since the beginning of 2007.

Rio Tinto has let it be known, however, that it is increasing spot-market sales, the company selling a million tons on spot during December, with another million in January.

The higher-than-expected prices should be a positive for Rio Tinto, and may put added pressure on BHP Billiton in its offer for Rio.

PROPOSED MERGER
Iron-ore-mining is a low-margin, high-cost business, where hundreds of millions of tons of material must be dug up and transported by rail, to distant ports for shipment. It is also one of the key reasons why BHP Billiton is seeking to merge with Rio Tinto.

BHP Billiton CE Marius Kloppers has argued that a tie-up with Rio Tinto would unlock compelling synergies in iron-ore-mining in Australia, where both companies mine neighbouring lodes.

Rio Tinto, which plans to boost its annual ore output by about 23%, to 220-million tons next year, has so far rebuffed BHP’s advances, preferring to underline the value of remaining independent.

Rio Tinto’s CE Tom Albanese, however, has not ruled out accepting an improved offer from BHP Billiton. “It’s again all about value. If the value’s not there, it’s not there. If it is there, it is there. But I wouldn’t want to speculate on anything specifically,” he told Sky Television.

The IISI released a statement shortly after BHP Billiton’s plans were announced, stating that the merger was not in the public interest, and should not be allowed to proceed. The IISI argues that Vale, Rio Tinto and BHP Billiton dominate the seaborne iron-ore business, accounting for more than 70% of total world trade.

“Any further consolidation between the big three will create a virtual monopoly in the business,” IISI secretary-general Ian Christmas says.

South Africa’s foremost iron-ore producer, Kumba Iron Ore (KIO), agrees that the tie-up of the mining giants would drive prices even higher.

KIO CFO Vincent Uren says that the two majors had taken different approaches to negotiating prices in the past, and would be able to demand higher prices, which would have a knock-on effect for other producers.

BHP Billiton’s defence is that the combined entity would get more iron-ore to market at a quicker rate.

“The volumes of raw materials that the combined company would supply far exceeds what BHP Billiton and Rio Tinto were able to achieve as two separate standalone entities,” Kloppers tells Mining Weekly. He adds that the transaction is a procustomer value proposition.

The Beijing Axis reports that the deal will have little effect on the reality of China’s dependence on foreign iron-ore. “China has seen the writing on the wall of the resources marketplace, and the only viable reaction is for Chinese resources companies, small and large, to make foreign resources investments. This has been a growing trend for the whole life of the commodities boom, and is set for a boom of its own,” the publication states.

In an unexpected development, the Aluminium Corporation of China (Chinalco) has teamed up with Alcoa to buy a stake in Rio Tinto, ahead of the February 6 deadline placed on the BHP Billiton bid.

The $14-billion transaction will ensure a 12% stake in the plc shares of Rio Tinto, implying a 9% stake in the group.

Numis Securities analyst Simon Toyne said in an emailed statement that while this is a sub- 10% stake in the Rio group, the company believed it still acted as a blocking stake, given that the joint venture owns 12% of the plc shares, which are a separate legal entity.

“This puts substantial pressure on BHP Billiton, given that the ‘put up or shut up’ deadline is just days away,” he said.

A GROWING MARKET
Responding to the world demand, iron-ore- miners are earmarking billions of dollars to expand mines, build new ore freighters and automate operations to dig faster and deeper, to satisfy steel mills hungry for more ore.

Rio Tinto shows its project efficiency in the completion of the $1,4-billion Dampier Port upgrade, in Western Australia, whence Pilbara iron-ore is shipped. The upgrade at the port has increased its capacity by 90%, up from 74-milion tons a year to 140-million tons a year.

“We are investing heavily to take advantage of the strong demand growth in the global market, particularly in China,” Rio Tinto Iron Ore CE Sam Walsh says.

The first phase took yearly port capacity from 74-million tons to 116-million tons, and the second phase to the current capacity of 140- million tons, comprising Parker Point at 94- million tons and East Intercourse Island at 46- million tons.

The installation of two new ship loaders at the Parker Point wharf allows two vessels to be loaded simultaneously and a 600-m extension of the wharf allows up to four vessels to be berthed at a time, which reduces ship waiting.

The first iron-ore from the Hope Down project was carried by train to Dampier Port, in December, ready for shipment as part of Rio Tinto Iron Ore’s new product, the Pilbara blend.

Construction of the $1-billion Hope Downs joint venture mining project was completed in December last year, three months ahead of schedule. In August 2007, a further $350- million was committed to expanding the mine’s yearly capacity from 22-million tons, to 30-million tons.

During December, Rio Tinto announced a $71-million feasibility study to assess the Hope Downs Four deposit, as an extension of the existing Hope Downs joint venture.

The diversified miner also bought three 250 000-t ore carriers to transport iron-ore from its mines in Western Australia, and potentially from the Simandou mine, in Guinea, to customers in China and elsewhere.

The cost of the three vessels is $315-million and will be delivered from late 2012. The vessels will play a critical role in consolidating Rio Tinto’s iron-ore position in the global market.

To maintain and increase its share, the divers-ified miner was expanding the capacity of its Pilabra iron-ore operations to 220-million tons by 2009, supported by long-term contracts, hybrid contracts, and spot sales.

“Competitive freight and freight management are important levers in our growth plans. These very large ore carriers will assist us in continuing to provide our customers with better delivery options well into the future, while locking in low, long-term freight rates for the benefit of our shareholders,” Walsh says.

Rio Tinto is not the only diversified miner to invest capital in the iron-ore market. Mining group Anglo American plans to invest an estimated $16-billion through to 2017, to boost iron-ore output at its Brazilian mines to 100-million tons a year.

“I think the market offers possibilities for growth in the future, principally the market of iron-ore,” Anglo American CE Cynthia Carroll says.
http://www.miningweekly.co.za/article.php?a_id=127058

[tommy-hl]

Von Northland Resources habe ich folgende Info erhalten, die einiges zum Thema Eisenerz-Preise aussagt, und deshalb auch in diesem thread von Interesse sein dürfte:


http://www.northlandresourcesinc.com/i/pdf/NAU_2008_Prices_U…

[SKGold]

Antwort auf Beitrag Nr.: 33.406.984 von tommy-hl am 19.02.08 07:09:06

[tommy-hl]

Der Kurs von CLM kennt in den letzten Tagen nur eine Richtung ... nach Norden ... hängt wohl mit den neu verhandelten Eisenerz-Preisen zusammen ...

Das ist der absolute Wahnsinn ...
Ich hatte hier ja vor kurzem mal eine Umsatz/Gewinnprognose basierend auf einem Eisenerzpreis von 90 $/t gepostet ...

Wenn wir nur die heutigen Preise nehmen, kommt es bei CLM zu einer Gewinnexplosion und meine Gewinn-Prognose ist "Schnee von gestern"...

Würde man noch die aktuelle 65%ige Preissteigerung dazu nehmen, puuuhhh ... da wird mir ganz schwindelig ...

Ich kann nur jedem empfehlen: HALTE DEINE AKTIEN fest, verkaufe kein Stück davon, denn bei diesem Markt für Eisenerz ist CLM bildlich gesprochen eine "Goldgrube" ... sieht einfach gut aus und wir werden damit wohl noch viel Freude haben ...

tommy

[Deliberately]

Antwort auf Beitrag Nr.: 33.414.473 von tommy-hl am 19.02.08 18:37:08

Wieso Gewinnexplosion?

Die 65% werden ja nicht auf 90$/T draufgesattelt, sondern
vermutlich auf einen deutlich niedrigeren Wert.
Außerdem hat CLM die Produktion bis 2016 sicherlich zu
festen Preisen verkauft.

Deliberately

[MFC500]

Antwort auf Beitrag Nr.: 33.414.844 von Deliberately am 19.02.08 19:14:21

Außerdem hat CLM die Produktion bis 2016 sicherlich zu
festen Preisen verkauft.


sicher ist nur, daß du die diesbezüglichen Mitteilungen seitens CLM nicht gelesen hast.

[tommy-hl]

Antwort auf Beitrag Nr.: 33.414.844 von Deliberately am 19.02.08 19:14:21

@ Deliberately

Das ist jetzt das letzte Mal, dass ich auf Deine unqualifizierten und uninformierten Aussagen antworte!
Tja, Du scheinst ein großer Skeptiker zu sein … Wärst Du meiner Empfehlung gefolgt und hättest CLM-Aktien gekauft, hättest Du bereits jetzt einen schönen Gewinn durch die Kurssteigerungen der letzten Tage …

Deine Aussagen

A) „Die 65% werden ja nicht auf 90$/T draufgesattelt, sondern vermutlich auf einen deutlich niedrigeren Wert.“

sowie

B) “Außerdem hat CLM die Produktion bis 2016 sicherlich zu festen Preisen verkauft.“

sind beide nicht richtig und zeigen nur, dass Du Dich mit dieser Aktie nicht ernsthaft beschäftigt hast und lässt den Verdacht aufkommen, dass Du hier im thread nur stören willst! Weitere unqualifizierte Äußerungen von Dir werden künftig von mir ignoriert …

Zu A) Wie kommst Du auf einen „vermutlich deutlich niedrigeren Wert“? Kannst Du den bitte mal spezifizieren und mitteilen woher Du dieses Aussage hast?

Der Preis für Eisenerz hängt ab von der Konzentration des Erzes. Bei CLM beträgt das Konzentrat 66,5%. Für 65%-iges Eisenerz werden bis 31.03.08 Preise von 130 $/t gezahlt. Hierauf kommt ab 1.4.08 die 65%ige Preiserhöhung. Die von mir in meiner Kalkulation verwendeten 90 $/t stellen einen sehr konservativen Ansatz dar. Deshalb auch meine Aussage, "dass es bei CLM m. M. nach zu einer Gewinnexplosion kommen wird" …


Zu B) CLM hat einen Vorvertrag für die Lieferung von Eisenerz-Konzentrat zu zum Zeitpunkt der Lieferung kommerziell anwendbaren Bedingungen (on commercially reasonable terms)! Das bedeutet, dass es keinen Fixpreis im Vorvertrag gibt, sondern dass der Preis am internationalen Standard festgelegt wird. Es gibt eine Preisgleit-Klausel, das ist üblich bei solchen Vorverträgen.

December 18, 2007
CONSOLIDATED THOMPSON EXTENDS DEFINITE AGREEMENT WITH WORLDLINK RESOURCES LIMITED TO SELL 7 MILLION TONNES OF IRON CONCENTRATE PER YEAR

Consolidated Thompson Iron Mines Ltd is pleased to announce that it has extended its Definite Agreement with Worldlink Resources Ltd from 5,000,000 tonnes to 7,000,000 tonnes of iron ore concentrate per year. WL is a major China Base integrated trading company for the supply of iron ore concentrates. The company has entered into an exclusive distributor agreement for China under which WL will purchase, on commercially reasonable terms, 7,000,000 tonnes of iron ore concentrate per year from CLM’s Bloom Lake facility


So wie es aussieht, wird CLM zu einer „profit cash machine“ … Und wir Aktionäre werden noch viel Freude daran haben … IMHO

Schade, Deliberately, das Deine Skepsis und Unwissenheit es verhindern, solche Super-Chancen, die einem das Leben nicht häufig bietet, zu nutzen …

[FullGreenhorn]

So hab jetzt die Schnauze voll! Habe CLM schon ewig auf der watchlist und schaue zu wie sie gen Norden geht.

Jetzt bin ich endlich rein und denke das ich es nicht bereuhen werde!

Hatte letztes Jahr 170% mit Fortescue gemacht. Denke CLM könnte bis Ende des Jahres ähnliches schaffen. Und in 2009 sollte noch mehr möglich sein.

[KGV900]

Antwort auf Beitrag Nr.: 33.420.838 von FullGreenhorn am 20.02.08 11:07:51

Na dann gratuliere ich Dir zu dieser zukünftigen Cashmaschine in deinem Depot

Die Kunst ist es so ein Investment langfrisitg durch zu halten, es werden immer wieder böse Zungen versuchen euch entweder vom Kauf abzuhalten oder zum Verkauf zu verleiten, das liegt wohl in der Natur der w:o-Gemeinde

[tommy-hl]

.
Frage: Ist hier im thread ein Charttechniker, der die momentane Situation für CLM mal charttechnisch darstellen kann? Bitte aber nicht nur ein paar Linien, sondern mit klarer Empfehlung ob Kauf oder Abwarten empfehlenswert ist.

Hintergrund: Die Frage, die sich mir im Moment stellt ist, ob sich ein Nachkauf momentan lohnt im Hinblick auf weiteres upside-Potenzial, oder ob es empfehlenswert wäre, einen Kurs-Rücksetzer abzuwarten.

Ich würde meine Posi gerne vergrößern und möchte nicht kurz vor einer Widerstandslinie mit möglichem Abprall nach unten einsteigen ...

Klar, dass die Verantwortung dafür bei mir liegt, aber vielleicht kann ja ein Chartexperte mal seine unverbindliche Meinung posten ... Wäre doch für alle interessant ...

tommy

[KGV900]

Antwort auf Beitrag Nr.: 33.425.343 von tommy-hl am 20.02.08 16:47:43

@tommy

kurzfristige Zielzone ist im Bereich von 7,50 bis 7,80 CAD auszumachen, das ist das ATH vom November. Es besteht also die Gefahr in diesem Bereich erstmal nach unten abzuprallen!! Die techische Gegenbewegung sollte dann bis ca. 6,60 CAD verlaufen. Erst dann kann man mit ersten Nachkäufen im Markt sich engagieren, das ist nur meine bescheidene Meinung.

MfG

[Deliberately]

Antwort auf Beitrag Nr.: 33.418.613 von tommy-hl am 20.02.08 02:00:15

Sorry,
das "on commercially reasonable terms" hatte ich echt überlesen.

Was Du jetzt zu den Preisen von iron ore schreibst, scheint
aber auch nicht ganz richtig zu sein. Macquarie geht in der
Studie zu CLM von Preisen für 2007 von 86,4 $/T aus. Du scheinst
von 130 $/T auszugehen. Für 2008 scheinst Du von 130 $ plus 65%
= 214,5 auszugehen. Das scheint mir doch viel zu hoch zu sein.
Ich würde von 86,4 plus 65% = 142,56 ausgehen.

Von was für einer Steigerung geht eigentlich Macquarie aus?
Das bleibt mir unklar. In der Studie steht folgender Satz:
"Our valuation is underpinned by our 10% NAV of approximately
$18.00/sh based on Macquarie metal price assumptions and C$15.00/sh
based on 2007 contract prices of $86,40/dmtu."

Im Übrigen bin ich mit einem Durchnittskurs von 4,33 Euro dabei.

Deliberately

[tommy-hl]

@ FullGreenhorn

Willkommen an Bord … Hast Dir da ´ne wirklich gute Aktie zugelegt – IMHO …


@ KGV900

Danke für Deine Einschätzung zur Charttechnik. Bis C$ 7,50 sind es nur noch ca. 4%. Da warte ich erst mal ab mit meinem Nachkauf. Da die Aktie in den letzten Tagen super gelaufen ist, könnten ein paar Gewinn-Mitnahmen erfolgen. Dann bekomme ich die Aktie vielleicht etwas günstiger. Sollte der Widerstand aber nach oben durchbrochen werden …

Gruß

tommy

------------------------------------------------------------

@ Deliberately

MacQuarie hat nicht den aktuellen Preis genommen, sondern einen rechnerischen Durchschnittspreis! Da die Preise gestiegen sind, ist es logisch, dass der Durchschnittspreis niedriger ist, als der aktuelle Preis …

Außerdem hat MacQuarie „assumptions“ gesagt. Und „assumptions“ sind nicht Fakten! Bitte richtig lesen und nicht irgendetwas falsch hinein interpretieren um mir dann etwas zu unterstellen …

“... based on Macquarie metal price assumptions and C$15.00/sh based on 2007 contract prices of $86.40/dmtu.”

Zu Deiner Frage: „Von was für einer Steigerung geht eigentlich Macquarie aus?“
Antwort: Von gar keiner! Alles klar ???

[tommy-hl]

.
Die Stahlkocher sind mehr besorgt über die Verfügbarkeit von Eisenerz, als über die 65%ige Preiserhöhung ...

Top steelmakers agree 65% iron ore price rise while platinum hits record level

· Vale contract heralds even more lucrative deals
· Asian demand continues to lift commodity values

Terry Macalister The Guardian, Tuesday February 19 2008

Commodity prices were on another high last night after a 65% increase in iron ore costs was agreed by top steel makers.

The ground-breaking iron ore contract was won by Vale of Brazil after tough negotiations with Japanese and Korean steel companies including Nippon, Sumitomo and Posco. The new prices will be introduced from April 1 and is likely to lead to higher car, ship and building costs.

"The magnitude of the price increase for 2008 reflects the continuity of very tight conditions still prevailing in the global iron ore market," explained Vale, whose shares rose more than 5% on the Sao Paulo exchange.

Iron ore values are being driven by huge demand in China, where the economy grew by over 11% last year - its highest rate in 13 years - and the rest of Asia.

Platinum also hit record levels. The price - $2,100 an ounce - has soared for different reasons, most recently on the back of supply problems in South Africa, the largest producing nation.

Coal prices hit an all-time high last week, gold was at record levels on February 1 and even soft commodities have been breaking new ground with wheat up by 90% over the past month alone on the back of grain shortages and speculative buying.

The latest iron ore rise is slightly lower than the record 71.5% increase seen on April 1 2005, but it was enough to send the shares surging at other big mining houses such as Rio Tinto and BHP Billiton, which are in the middle of their own talks with steel companies.

Rio's stock price rose 3.4% and BHP's 3.7% amid speculation that they could win even heftier increases from customers such as ArcelorMittal. The two mining companies are involved in their own takeover tussle and iron ore values could have some influence on the outcome.

ArcelorMittal, the world's largest steelmaker, said this month that it may be forced to raise some prices further this quarter depending on the outcome of the discussions.

There has been some speculation that Vale and others could negotiate increases of 80% and even 100%, with analysts claiming that steel makers' own customers are willing to accept higher rates. "Steelmakers will probably get 100% or even 150% of the costs back through price increases," Michelle Applebaum, who runs a steel equities research firm in Highland Park, Illinois, told Bloomberg. "All steel makers are far more concerned about availability than they are about costs."

Platinum prices have been sent skywards by power cuts and accidents at mines and smelters in South Africa, which is responsible for 80% of global production. Anglo Platinum, the world's largest single producing group, reported damage to one of its main smelters last week that would put it out of action for four to six weeks.

Platinum has seen its value rise by nearly 40% this year alone. One analyst said yesterday that the rally was "unstoppable". Others are already looking forward to the next round of negotiations between producers and users of coking coal to see what new highs are reached with that commodity.
source: www.guardian.co.uk

[eifelcash]

Antwort auf Beitrag Nr.: 33.443.679 von tommy-hl am 22.02.08 09:04:28

Hallo,

guten Tag zusammen,

bin hier, und bei Northland eingestiegen,

Gruß,

eifelcash

[tommy-hl]

Antwort auf Beitrag Nr.: 33.446.516 von eifelcash am 22.02.08 13:06:40

Hallo eifelcash,

herzlich willkommen on board the "iron ore profit machine" ...

Aber gib es ruhig zu, Du bist nicht wegen der netten Leute hier, sondern weil Du einfach "nur" reich werden willst ...

Viel Erfolg

tommy

[KGV900]

Hab hier am Anfang des Threads mal geschrieben, das mir eine Preiserhöhung von ca.20% reichen würde, es muss keine 70%ige sein.



Chinas Stahlproduzenten lehnen Rio Tintos Preisangebot ab
22.02.2008 | 13:30 Uhr | Rainer Hahn (EMFIS)

RTE Peking - (www.emfis.com) - Die chinesischen Stahlproduzenten werden die geplante Preiserhöhung für Eisenerz um 71% durch die Rio Tinto ablehnen.

Aus Kreisen verlautete, dass die Produzenten höchsten eine Preiserhöhung um 65% akzeptieren werden.

Analysten gehen aber davon aus, dass Rio Tinto eine stärkere Preiserhöhung durchsetzen kann. Die Rio Tinto liefert Eisenerz hoher Qualität. Die brasilianische Vale konnte bereits eine 71-prozentige Preiserhöhung für sein hochwertiges Eisenerz durchsetzen.



Dann sage ich mal prosit

[SKGold]

Hallo Zusammen,

bin mal gespannt wie die Homepage aussieht nach der Aktualisierung.
eifelcash, ich glaueb ich kenn dich von Sabina her - naja egal, herzlich willkommen.

Mal sehen wo Heute die Reise hingeht.

[tommy-hl]

.
Nachkauf

Da der Kurs heute etwas zurück ging, habe ich meinen geplanten Nachkauf heute gemacht. Damit ist CLM inzwischen meine drittgrößte Position bei den Explorern.

Gruß

tommy

[SKGold]

Antwort auf Beitrag Nr.: 33.449.883 von tommy-hl am 22.02.08 17:25:16

Hallo tommy,

man sieht heute wieder schöne Blöcke die über den Tisch gehen.

Bin gespannt was die Zukunft uns bringt mit Consol. und Northland.

[tommy-hl]

Antwort auf Beitrag Nr.: 33.450.228 von SKGold am 22.02.08 17:46:57

Hallo Sascha,

ja, großes Volumen heute in FRA ... so langsam spricht sich herum, dass es hier eine "Perle" gibt mit der man gutes Geld verdienen kann ...

Auch an der TSX großes Volumen ... sieht so aus, dass bei jedem Kursrücksetzer sofort eine Menge Käufer da sind, die die Hände aufhalten ...

In 2009 werden wir ganz andere Kurse sehen ... nur mal Fortescue anschauen, dann kann man in etwa das Potenzial erahnen, das entsteht, wenn die Produktion kurz bevor steht ...

Mein bisheriges Kursziel für Mitte 2009 war EUR 8,- und für Mitte 2010 EUR 19,- . Durch die neueste Preiserhöhung für Eisenerz muss ich diese Ziele wohl nach oben korrigieren ...

Die Zukunft ist Grün ... (nicht politisch gemeint ... )

tommy

[eifelcash]

Antwort auf Beitrag Nr.: 33.446.593 von tommy-hl am 22.02.08 13:15:07

Hi tommy, will nicht reich werden, macht einfach nur Spass gut recherchierte Aktien zu kaufen die meines Erachtens Potential für die nächsten Jahre mitbringen. Das sehe ich in dem aktuell sich entwickelnden Eisenerz Umfeld. Übrigends hast du mein Interesse hier heftigst geweckt. Danke dafür...

@ SKGold

Ja Sabina,FM,TCM,CCE,AUA,Oriental gehören auch zu meinen Lieblingen.

Schönes weekend, und beste Zahlen,

eifel

[tommy-hl]

.
Höhere Eisenerz-Preise

Da die letzten News deutliche Preissteigerungen für Eisenerz-Lieferungen ab 01.04.08 bestätigen, werde ich die Umsatz/Gewinnsituation für CLM überarbeiten. Denn auch CLM partizipiert an der durch die steigende Nachfrage getriebenen Preiserhöhung und ich will einfach mal recherchieren ob das aktuelle Aktienkurs-Niveau noch attraktiv für einen Kauf ist.

Werde das Ergebnis dann hier posten …

tommy

[tommy-hl]

.
“Eisenerz ist das neue Gold” ... sagt Keith Goode
Fortescue entwickelte sich vom Pennystock zum Milliarden-Dollar Unternehmen …

Könnten Explorer wie Northland Resources und Consolidated Thompson das in ähnlicher Weise wiederholen … frage ich …?

Australia's richest man turns iron ore into gold
NEWSMAKER - Sun Feb 24, 2008

SYDNEY, Feb 24 (Reuters) - A promise to turn rust-red iron ore into gold for investors has transformed Andrew Forrest from a "penny stock" mining entrepreneur with a dream into Australia's richest man, worth more than $7 billion.

After a decade promoting everything from Cuban-style nickel mining to underground desert oceans, Forrest appears to have hit paydirt with iron ore. In December, he surpassed media tycoon and close friend James Packer as Australia's wealthiest person.

"Iron ore is the new gold," says Eagle Mining Research analyst Keith Goode.

Worldwide, iron ore prices have been rising for the past six years straight, increasing a whopping 65 percent in 2008 alone, thanks to an appetite among Chinese steel mills for imported ore.

Besides amassing a fortune that would make even his Perth neighbor Alan Bond blush, the former stockbroker has become one of Australia's most generous philanthropists. He has donated millions of dollars to fight poverty and alcoholism among aborigines, many of whom he employs digging mines and laying railroad tracks hundreds of miles across the outback.

His one rule: alcohol must be banished before his money goes to any aboriginal community, says his spokesman Paul Downie. Forrest, 47, has said he would rather give his billions away than die rich and is loathe to shoulder his three children with the "burden" of his fortune.

"What all my kids know is that they're not going to inherit it and they're happy about that," Forrest told the West Australian newspaper last year.
Forrest was traveling and unavailable to comment for this article, Downie said.

From just a few pennies in 2003, stock in Forrest's Fortescue Metals Group galloped to more than A$60 ($55) before splitting 10 for one in December to enable a loyal legion of mostly small investors a chance to afford more shares.

Fortescue also counts Russian billionaire Viktor Rashnikov as a believer after Rashnikov's Magnitogorsk Iron & Steel Works payed about $400 million for a 5.2 percent stake in September.

Rumours are rife Rashnikov may try and acquire the whole company in order to divert millions of tonnes of ore that Forrest has promised to China to Magnitorsk-owned steel mills in Russia. To do so, he would need the Forrest family's 36 percent holding in the company.

Nicknamed "silver tongue" in the mid-1990s after convincing a group of U.S. bond holders to put up $420 million in debt funding to build a company making nickel metal in the outback using rejigged Cuban technology, Forrest has already sold 45 million tonnes of ore to some of China's biggest steel mills, though Fortescue won't make its first shipments until May.

"China can't import enough iron ore, they're desperate for the stuff," says James Wilson, a mining analysts for DJ Carmichael & Co in Perth. "Forrest is a smart guy and saw this coming before a lot of other people."

The boom hinges on China's willingness to import much of the ore it needs to support its massive industrialisation rather than better exploit its own natural resources.

Forrest, who battled a bad stutter as boy and who spent summers as a jackeroo, or cowboy, near aboriginal outposts, portrays Fortescue as a David to the international Goliaths Rio Tinto and BHP Billiton, who have long cornered Australia's ore reserves but are now struggline to keep pace with demand.

He is battling both companies in court to be allowed to ship Fortescue's ore on their private rail lines.

"Forrest is the quintessential Aussie bloke, just as happy to say g'day to the garbage man as the prime minister," says Tim Treadgold, a mining commentator in Perth."He just happens to be the richest Aussie bloke."
http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSYD10086920080224

[tommy-hl]

Langsam entwickelt sich der Kurs von CLM bei steigendem Volumen nach Norden, was ich als bullishes Zeichen werte. Durch mails wurde ich gefragt ob sich ein Einstieg jetzt noch lohnen würde. Da ich selber noch einen Nachkauf plane, um meine Position zu erhöhen bin ich dieser Frage auch im Hinblick auf die letzten Preiserhöhungen für Eisenerz nachgegangen und habe meine Umsatz/Gewinnschätzung überarbeitet:


Consolidated Thompson Iron Mines (CLM)
Umsatz/Gewinn-Kalkulation (update 24.02.2008)
WKN: A0KFDB - CLM – TSX - ISIN: CA2102061082

1. Kalkulations-Parameter

1.1 Produktionsvolumen
2009: Obwohl das Management den Produktionsbeginn auf Q1-2009 legt, gehe ich davon aus, dass erst in Q2-2009 der Beginn sein wird. Deshalb wähle ich nur 3,5 Mio. t Eisenerz als Produktionsgröße
2010: ab 2010 werden 7 Mio. t Eisenerz-Konzentrat gefördert mit 66,5% Fe-Gehalt gemäß FS.

1.2 Umsatzerlös für Eisenerz
Per Januar 2008 wurden C&F-Preise von 139 US-Cents/dmtu erlöst. Die in den letztgenannten News erwähnten Preissteigerungen von 65% beziehen sich auf die zum 1.4.2007er-Preise und liegen bei 150-155 US-Cents/dmtu (entsprechend 120-125 US-Cents/dmtu auf FOB Brazil port Basis). Ich wähle deshalb für CLM einen Erlös von 140 US-Cents/dmtu und liege damit unter den aktuellen 150-155 US-Cents/dmtu .

1.3 Operating Costs
Die feasibility study geht von 19,76 $/t aus. Ich habe für 2009 wegen der Anlaufkosten 30 $/t und ab 2010 dann 25 $/t gewählt um Inflation und Dollar-Verfall gerecht zu werden. Für 2011 wurde eine rechnerische Erhöhung von knapp 3% bezogen auf 2010er Kosten genommen.

1.4 Capex p. a.
333 Mio. $ lt. FS

1.5 Finanzierungskosten
Es wurde ein Zinssatz von 10% p. a. angesetzt

1.6 Steuer
Es wurde ein Steuersatz von 30% verwendet. Ob die Anschaffungskosten in den ersten Jahren zu einer Steuerbefreiung führen werden, ist mir zurzeit nicht bekannt.

1.7 Gewinn pro Aktie
Es wurde eine Stückzahl von 84 Mio. Aktien zugrunde gelegt.


2. Umsatz/Gewinn-Kalkulation

Geschätztes Ergebnis für 2009 ….. 2010 …. 2011
Produktion Eisenerz (66,5%) 3,5 Mio. t . 7 Mio. t . 7 Mio. t
Gesamtumsatz USD ....... 325 Mio. 651 Mio. . 651 Mio.
Produktionskosten …...... 105 Mio. 175 Mio. . 180 Mio.
AfA / Capex ...................... 33 Mio. .. 33 Mio. .. 33 Mio.
= EBIT ............................ 187 Mio. . 443 Mio. 438 Mio.
Finanzierungskosten ....... 35 Mio. .. 32 Mio. ... 25 Mio.
-------------------------------------------------- ----------------------
= Bruttogewinn ……......... 152 Mio. ...411 Mio. . 413 Mio.
minus Steuer ……….... ..... 46 Mio. ...124 Mio. . 124 Mio.
-------------------------------------------------- --------------------------
= Nettogewinn ………… 106 Mio. …287 Mio. . 289 Mio.
= Gewinn pro Aktie: …… 1,26 $ …. 3,41 $ ….. 3,44 $ (84 Mio. Stück)
= Gewinn pro Aktie: …. 0,84 EUR . 2,27 EUR . 2,29 EUR
= KGV (Kurs 4,80 €): …. KGV 5,7 … KGV 2,1 ... KGV 2,1

3. Chancen/Risiken

3.1 Chancen
+ Solides Cash-Polster von ca. 190 Mio. C$
+ Niedrige Marktkapitalisierung im Verhältnis zu den Eisenerz-Ressourcen (zum Vergleich CLM ca. 3,9 $/t während Fortescue bei 16 $/t liegt) lässt ein 4-faches Kurssteigerungspotenzial erkennen
+ Tagebaubetrieb mit niedrigen Produktionskosten
+ Eisenerz-Preis im Aufwärtstrend (auch für die nächsten Jahre erwarte ich hier Preissteigerungen)
+ Produktionsstart in ca. 1 Jahr
+ Minenleben ca. 34 Jahre
+ Qualifiziertes Management mit guten Beziehungen zu Behörden und zur Finanzwelt
+ Erreichen der Gewinnzone bereits in 2009
+ Capex relativ niedrig
+ Vorhandene Infrastruktur (bis auf 31 km Schienenstrang nach Labrador City) mit Anschluss an Hafenanschluss
+ Der Aktienkurs hat sich von seinen Tiefs erholt und die Umsätze deuten auf eine steigende Nachfrage hin
+ Vorvertrag für die Lieferung der ersten 7 Jahre vorhanden (es gibt keine Absatzsorgen)

3.2 Risiken
- Ausstehende Finanzierung
- Ausstehende Genehmigung der Umweltbehörde


4. Kursziel / Rating

Gewinnpotenzial bei KGV 10 = 340% basierend auf aktuellem Aktienkurs in 2 Jahren bis 2010

Aufgrund der höheren Marktpreise für Eisenerz und der sich damit verbessernden Gewinnsituation erhöhe ich mein Kursziel für Mitte 2009 auf EUR 8,50 und für Mitte 2010 auf EUR 21,-

Meines Erachtens sind die aktuellen Kurse immer noch Kaufkurse. Kursrücksetzer könnten zum Ausbau der Position genutzt werden, wenn man an die Story von CLM glaubt …

Obige Daten sind nach bestem Wissen erfasst und analysiert worden und erheben nicht den Anspruch auf Richtigkeit/Vollständigkeit. Die Schlussfolgerungen sind meine persönliche, und damit subjektive Meinung.

... do your own research ...

tommy

[Deliberately]

Antwort auf Beitrag Nr.: 33.461.604 von tommy-hl am 24.02.08 20:14:01

Du bist aber sehr optimistisch, wenn du meinst, dass das
derzeitige Preisniveau in den nächsten Jahren gehalten
werden kann. Immerhin stehen wir unmittelbar vor einer
massiven Rezession der größten Volkswirtschaft der Welt.
Alles begann mit platzenden Hypotheken und fallenden
Immobilienpreisen. Dann gesellte sich eine allgemeine
Finanzkrise dazu. Die meisten Großbanken suchen nun händeringend
nach frischem Kapital. Die US-Notenbank senkt die Zinsen radikal.
Aber was passiert? Die Hypothekenzinsen fallen nicht, sie
steigen sogar. Die Hypothekenkrise steht immer noch erst am Anfang.
Auch in anderen Bereichen des Kreditmarktes gehen die Zinsen
für schwächere Schuldner steil nach oben. Nach meiner Meinung
stehen wir erst ganz am Anfang der Krise und sie wird heftiger
ausfallen als es die Analysten derzeit annehmen. Und das soll
die Konjunktur in China nicht deutlich beeinflussen? Und damit
auch die Commodities?

Eigentlich sind weitere deutliche Zinssenkungen angesagt.
Doch die Inflationsraten steigen noch. Wegen der Commodities.
Die Zinsen können doch erst dann auf ein notwendiges tiefes
Niveau herunter gefahren werden, wenn der Preisauftrieb bei den
Commodities gebrochen ist.

Diese Gedanken gehen mir jedenfalls durch den Kopf. Es würde mich
nicht wundern, wenn die Preise für Eisenerz 2009/10 runter
gehen würden, um dann wieder zu steigen. Die Welt braucht
einfach ein wenig Zeit, um den bisherigen Anstieg der Commodities
zu verdauen.

Deliberately

[tommy-hl]

.
Australian Eureka-Report sieht weiter steigende Preise für Eisenerz bis 2013 – erst dann werden Nachfrage und Angebot eine Balance finden …

Iron ore demand continue to rise stronger than supply as China doubles within 7 years
eurekareport.com.au - C. Atken – 02/15/2008

China - twice the size in just 7 years

The Chinese economy has been growing at over +10%pa for a decade and it is showing no signs of slowing momentum. The biggest single risk to those growth rates continuing is the ability to source energy and raw materials. People forget that the Chinese "base load" commodity demand continues to expand. For example, if the Chinese economy continues to grow at +10% pa for the next 7 years it will have doubled in size. This is against a commodity supply system that is facing huge capacity constraints. It's no surprise that a large scale consolidation is on in the resource sector as existing production capacity is cheap.

The China demand story is a seminal event. It is the single largest economic event in modern history and it has caused a structural rather than cyclical change in the pricing of commodities. Chinas steel production output doubles within 7 years as steel export is growing and a huge infrastructure program drives the steel demand.

Iron Ore

The sector seeing the most striking direct benefit is the mining sector and there is no more striking beneficiary within that than iron ore. Chinese steel production is expected to grow from 400 mt pa, (where it was at the end of 2006), to 650 mt by the end of 2010 and at the same time, Indian production is expected to grow from 100 mt to 200 mt. This increase of 350 mt of steel production from these two countries alone will require between 500 mt and 550 mt of additional iron ore per annum over that time frame. And we are talking about the additional demand until 2010 only. Add this growing percentage rate and you will get a more than doubled demand until 2013.

On the supply side we can see that the production output is not able to meet the rising demand despite the efforts of the worldwide iron ore producers. Even the expected additional supply from emerging iron ore companies like Fortescue Metals and other exploration companies in that mining sector will not fill the supply/demand gap within the next years.

So while we may see an increase in this round of negotiations in the iron ore price of some 60-70%, it is highly likely that we will see continued price increase well into the future as it is expected to be at least 2013 before the market is in balance from a supply/demand perspective.
.

[tommy-hl]

.
March 2008 WORLD MINING STOCKS

WORLD iron-ore production rose 11% to 1,600Mt in 2007 and this year it could eclipse 2,000Mt, while the 7.5% increase in world crude-steel output in 2007 is the highest level in history. Demand for steel has risen at an annual rate of almost 10% for the past five years. Much of this steel is being consumed by burgeoning industries in China and India, which are in a period of rapid industrialisation where the consumption of steel is driven
by the need to build new infrastructure.

In mature, industrial economies the demand for steel grows at a much lower rate and is even in decline in some. China only accounts for about 14% of the world’s iron-ore reserves, much of which is relatively lowgrade material. China, the world’s biggest importer of iron ore, has seen the price of the commodity
rise by 177% in five years, driven largely by the expansion of its own steel production. In 1994, China’s steel-making capacity was only 11% of the world total. Today, that capacity approaches one-third.

The biggest ever price gain was 71% in 2005, and some say this year could see an even higher hike. This year, the annual haggling between Chinese steel-makers and the big iron-ore producers could drag on to as long as June, with the Chinese already threatening to call off negotiations.

According to Goldman Sachs, iron-ore mining companies will not expand fast enough to keep up with growth in consumption for years, and prices will rise until 2010. By then the iron-ore market could move into surplus, with fleet loads of cheap Chinese steel flooding the market.

http://www.mining-journal.com/WMS_Magazine/pdf/WMS0803scr.pd…

[tommy-hl]

.
Thema „Eisenerz“ in der heutigen Ausgabe „Der Aktionär“

In der heutigen Ausgabe vom BB „Der Aktionär“ wurde in einer Gruppe von bestehenden Eisenerz-Produzenten und angehenden Produzenten auch CLM als Kauf empfohlen.

Bei den genannten Eisernerz-Aktien (BHP, Rio, Vale, Fortescue, CLM, Baffinland) wurde CLM als günstigste Aktie dargestellt.

12-Monats-Kursziel von „Der Aktionär“: EUR 9,-
Es wurde ein KGV 5 genannt.

Deckt sich in etwa mit meinen Berechnungen:
KGV 5,7
Mein Kursziel 8,50 EUR für Mitte 2009

Gruß @ all

tommy



Weitere Artikel zum Thema Eisenerz:

Erwarte nicht, dass die diesjährige Preiserhöhung für Eisenerz die letzte Erhöhung sein wird …
Die Verfügbarkeit (Lieferangebot) von Eisenerz wird zu einem kritischen Faktor in den kommenden Jahren …


Iron ore rising, no end in sight
February 25, 2008

WHEN iron ore contract prices increased 71.5 per cent in 2005, the view was that it was a one-off.

That idea was well and truly buried last week, when the Japanese and South Koreans signed off on a 65 per cent increase, and then China's Baosteel went to water on Friday night and agreed to a similar increase with Brazil's Vale.

Don't expect this year's rise to be the last. India's steel ministry is now asking the Government in New Delhi to impose a much steeper export duty on iron ore, a move aimed at conserving the country's resources.

Last year India imposed a 300 rupee (about $8) duty and the Chinese buyers - who take 85 per cent of India's exports - kicked up a huge fuss.

The Indian move underlines that iron ore availability is going to be a crucial factor in coming years. Just keep in mind that steel consumption is now running at more than 200kg for every person in the world.

One local iron ore CEO has just done a count of listed companies with some (however minor) iron ore interest. Total: 191. Of those, about 90 have iron ore as a primary activity, he estimates.

This is fewer than the count for uranium players but still at a level that suggests an overcrowded field. How many of them are in a position to say they will be able to get some ore aboard ship within the next two years?

Then strip out those that have not yet resolved their infrastructure challenges. It is one thing to say you're within cooee of a BHP Billiton railway line, and quite another to get access to that line. Our volunteer statistician also came up with this number: over the past 12 months there have been 933 ASX "geological" announcements that mention iron ore, two-thirds of those being in the past six months.

Frenzy time?
AS Flinders Diamonds showed last week, a bit of "nearology" does no harm. The company drew attention to the fact that its Hamersley project in the Pilbara was less than 10km from the 875 million tonne resource at Caliwingina North, owned by Rio Tinto.

Day traders duly obliged and sent the stock up on large volumes.
United Minerals Corp also was not hiding its Pilbara light under a bushel. It reported that visual inspection of a drill core near its Railway prospect indicated a 40m intersection of Marra Mamba iron ore, making the directors confident they could have 100 million tonnes on their hands. UMC went very dark on Pure Speculation when we suggested its announcements were getting a little ahead of themselves, so we'll refrain from any comments - for now.

Turning to more advanced projects, we should note that Strike Resources says it has signed a preliminary agreement with Peru Rail to move 2million tonnes a year to Matarani, a port on that country's southern coast. Strike, while aiming to mine up to 40 million tonnes a year, is planning to get a smaller operation going at its Cuzco project so it gets cash flowing.

Back home, Western Plains Resources has increased its resource estimate by 46 per cent at the Buzzard deposit near Coober Pedy. The company said it had 13.3 million tonnes of direct-ship iron ore at an average grade of 62 per cent.

We're expecting within the next few weeks to see the first resource statement from BC Iron. There are hopes of something approaching 30 million tonnes at 55-58 per cent. The company has signed an agreement with Fortescue Metals Group. BC Iron plans to truck its ore to FMG's Cloud Break mine, then send it down the FMG rail line and on-board ship at FMG's wharf at Port Hedland.

Floats going down
WE would understand if there was a touch of apprehension at Adelaide Resources. The company is about to launch its initial public offering for spin-off Iron Road, which holds the parent's iron ore interests on the Eyre Peninsula. Iron Road will be seeking $5 million (with Adelaide retaining a 40 per cent stake) in hopes of listing in April.

The upcoming floats list on the ASX website has shrunk dramatically in recent weeks, with a number citing "to be advised" where a listing date would appear in more bullish times.

That things are tight out there was confirmed in a late Friday announcement from Polaris Metals. Its $10 million spin-off of its non-iron ore assets into an IPO called Southern Cross Goldfields (ticker SXG) has already had its closing date extended from February 15 to February 29. Polaris is obviously anxious even about that, as now it has decided to subscribe for 13 million shares "so SXG can complete its listing".

So, we have Polaris selling off part of the assets its shareholders thought they already owned, and then spending $2.6 million of shareholder funds to clinch the deal.
At least Emu Nickel managed to fall over the line, although having to settle for half the $20 million it asked for. This spin-off from Image Resources will list this month. The way some new listings have fared on their opening days, it might pay the Emu boys to have something restorative in a hip flask to hand as they watch early trading.

There must have been exclamations along the line of "phew!" at White Canyon Uranium, which - finally - made it to the minimum subscription of $17.5 million. Its next moment of truth comes on the market debut scheduled for February 29.

And what can we say about Mallee Gold Corp? It seems to be finding it devilishly hard to get a modest $5 million raised. First it extended the IPO from December 10 to early February, then mid-March and now it's March 31.

Another extendee is Argent Minerals. It is within about $200,000 of its $4 million minimum but wants to get closer to its $5 million original target so it can pay for all the planned drilling. The offer, which was to have closed on February 15, will now run until March 7. Argent is farming into three NSW properties held by Golden Cross Resources, with the main focus being the Kempfield project near Blayney, with a Joint Ore Reserves Committee resource of 11.3 million ounces of silver grading an average 93 grams/tonne.

Ganke reaches out
YOU never know what Poseidon-era survivor Boris Ganke will come up with next. He has decided his listed share and property investment vehicle Chapmans will get into the resources game alongside his three companies already involved in that sector.

The company is considering taking a 20 per cent stake in a zircon mining venture in Indonesia. Another Ganke company, Southern Cross Exploration, is now plunging into uranium. Southern Cross has announced that it has won two prospecting licences in Burkina Faso.

These companies, along with Ganke's Longreach Oil, have share prices securely in the sub-10c category. Is his most recent float, AusTex Oil, heading in the same direction?

Its shares were issued at 40c but have now hit 19c notwithstanding the undoubted star power of board members Peter Power (former boss of Ampolex) and former journalist scourge of the junior sector Trevor Sykes.

Tailenders
* SPECIALITY metals continue to shine. Cobalt has broken through the $US50/lb barrier. The $US52 paid last week was the highest since 1978. Antimony has hit $US6000/tonne, its best level since 1994, on signs that China - which supplies 80 per cent of the world's needs - may not be able to meet all orders for the metal.

* ADMINISTRATORS have been called in by the only listed company based in Albany, SuperSorb Environmental. It started life as Talon Resources and built itself up to be Australia's largest supplier of kitty litter. SuperSorb is hoping to recapitalise and get to work on its tin and molybdenum prospects in Queensland.
The Australian implies no recommendations regarding any of the stocks mentioned. The author owns shares in Rio Tinto.
www.theaustralian.news.com.au

----------------------------------------------------------------





Gefahr für kleine Explorer mit wenig Cash-Reserven ...
… und warum es so wichtig ist, dass NAU und CLM ein so dickes Cash-Polster haben …



Explorers take hit from margin calls

February 15, 2008 - www.theaustralian.news.com.au

TALK among some brokers is that margin calls during the week have taken their toll on the junior exploration sector.

How else to explain a 14 per cent fall on Thursday in Echo Resources? There was nothing obvious to frighten the horses in the quarterly which came out that day - good assays from the Julius gold project in Western Australia, a maiden resource expected next month, tests showing 95 per cent gold recovery and $2.8 million in the bank.

If there had been any shockers, then more than 3000 shares would have stampeded through the bourse. How come a stock loses a seventh of its value on a $250 trade? That smells of someone who had to sell at any price, or being sold out by the lender.

That same day, 3D Resources loses 20 per cent on $2000 worth of shares going through the exchange. They've had a ho-hum quarterly and $2.3 million in the kitty, but nothing stands out as signalling the ship was going down, otherwise more than 25,000 shares would have been dumped.

Robust Resources down 21 per cent on Thursday on $9000 in trades. Mantle Mining also lost 21 per cent - yet the quarterly reassured investors that its coal project was on track and it had enough money for 18 months.
Syndicated Metals was down 14.5 per cent with 5000 shares sold; this company listed in December so there is no fresh news to affect the price. Hemisphere Resources lost 10 per cent of its value on just $900 worth of its shares going through on Thursday.

This may well signal a general disenchantment with the explorers, but if that were the case you would expect much bigger volumes. And Robust on Friday regained 3c of the 4c it had lost the previous day. Most of the others went untraded on Friday, although Syndicated lost another 1c.

Until someone shows us differently, we are sticking with the forced sales scenario. There is the unmistakable whiff of desperation.

Two markets
IT'S becoming a tale of two markets - the producers and near-producers versus the explorers.

Even on Friday, when the market was up 192 points, there was a big head count for decliners on the resources board. But the big gains for the day were all in the category of companies with cash flow or about to get it: Gindalbie Metals, Resolute Mining, Perilya, Western Areas (which released yet another extraordinary nickel intercept, of 8.7m at 11.4 per cent, from Spotted Quoll), Minara Resources, Murchison Metals and Sally Malay Mining.

We have already seen the big boys moving in on our producers, with Jubilee Mines about to disappear into the great maw of Xstrata.

The others will either be targets in themselves or, more likely, use their cash flows to pick off the best of the up and coming explorers.

If IPOs cannot get themselves away, you can be sure that juniors wanting to go back to the market are going to find it increasingly difficult to top up their cash reserves, especially if they don't have a very compelling story that production is within reach. The less the money the have, the less chance of resisting a predator.
So it was interesting to see on Friday that Mount Burgess Mining had raised $720,000 from the clients at State One Stockbroking. This is a company that saw its share price fall from 12c in November to 6c last week.
But State One is pretty keen on its story at the Kihabe zinc project in Botswana, thinking that the resource has the potential to increase substantially and it could attract the interest of a major.

Won't float
YOU wouldn't want to be trying to get a float away in this market.
A few have already folded their tents - Alpha Uranium (which has prospects in Queensland and South Australia) was to have closed on November 5 but battled on trying to get its minimum $4 million but now has withdrawn its prospectus. As has Coastal Minerals which was asking for just $3.5million to explore for mineral sands in NSW and Western Australia.

The folks at Emu Nickel were being promised large sums of money late last year based on the company's extremely promising joint venture with Jubilee Mines, but it is now looking to have to settle for around the minimum $10 million rather than the original top end of $20 million. It is not so much the question of money at Emu - the minimum seems assured - but the brokers have asked for a delay to the closing because they fear what would happen to the stocks price if it debuted in this climate.
Just look at the drubbing Coppermoly and Uranio took when they listed last week (although both were closer to their issue price when Friday's big gain day had finished).

Another coming float, Consolidated Tin Mines (asking for $4 million), has had to extend and the ASX table of IPOs in progress is now littered with "to be advised" in place of the original closing date. Oceanic Uranium Fund, which had hoped to raise $50 million by December 17, is one of them.

Mallee Gold Corp had planned to close on December 10 but that has now been extended until today. We tried to find out on Friday how it was going but Mallee was not returning calls.

The problem is this: why would you subscribe to a float at the full asking price when the probability is that you can pick up the shares at a discount when the company lists?

Uranium dreams
JUST when it looked as if uranium had stabilised at around $US90 ($99.63) a pound, the metal fell $US8/lb last week to $US78. That does not mean too much in the bigger scheme of things, but it does indicate that the price is not heading back anywhere near the 2007 high of close to $US140.

And that means that, with the problems now being encountered by all three current such IPOs, there may well be not a single new float with uranium in the title by the time we get to March. We'll have to pinch ourselves to make sure we're not dreaming.

And it also means that downward pressure will continue to be exerted on those shares which were bought in a moment of hysteria but represent companies with little better than moose pasture.

The crisis with thermal coal supplies however, and the concern that suppliers are not going to be able to keep up with demand, can only make more urgent the need to accelerate nuclear power projects.

So, more than ever, it will be a matter of looking for those uranium plays that looks to be likely winners. Alliance Resources, for some time in that category, has 25 per cent of the Four Mile East project in South Australia. It and its US partner have already announced a resource of 14,500 tonnes of uranium and during the week stated their exploration program was targeted at adding a further 21,500 tonnes to that, which would make the project capable of producing around 2000 tonnes a year.

Monaro Mining, which is in the throes of a merger with Uranium King, has teamed up with Sinosteel to develop the Australian juniors uranium projects in Kyrgyzstan (the Chinese giant already financing uranium exploration for PepinNini Minerals in South Australia). Initially, Sinosteel will assess the potential in the Central Asian republic. It is also going to take 1.9 million Monaro options.

They are only preliminary results from radiometrics but on that tentative basis Oklo Uranium is claiming to have found a new uranium province in Mali. Interesting, but not a bird in the hand yet.

[tommy-hl]

China Accepts 65% Increase in Brazilian Iron Ore Price
Wednesday, February 27, 2008

BEIJING, Feb 27, 2008 (SinoCast via COMTEX) –
China's Ministry of Commerce and the China Iron and Steel Association both said on February 25, 2008 that they accepted the 65% rise in iron ore price in 2008 under a previously agreement between Brazil-based Vale and Shanghai Baosteel Group Corporation.

China's largest steelmaker Baosteel Group said on February 22 that it agreed to pay 65% more for iron ore to the world's largest iron ore producer Vale for 12 months starting from April 1, 2008. It is to pay USD 1.1898 per dry metric ton Fe unit for Southern System fines, and USD 1.2517 per dry metric ton Fe unit for Carajas iron ore fines.

Chinese steelmakers are facing high cost and should pour more money into developing overseas mines. Zhang Xiaogang, chairman of the association, previously said that the profitability of steelmaking in China would be shrunk and some products would become unprofitable. He added yesterday that international and domestic steel prices would hover at a high level this year.

source: http://www.tradingmarkets.com/.site/news/Stock%20News/1140376/


Soweit der heutige Artikel aus China - Der interessante Satz darin ist m. M.:

“Chinese steelmakers are facing high cost and should pour more money into developing overseas mines.”

Die Chinesen könnten also mehr Geld in die Entwicklung von Eisenerz-Minen in Übersee stecken ... vielleicht wird das ja dem einen oder anderen Eisenerz-Explorer gut tun …

[tommy-hl]

.
Immer mehr entdecken die Story "Eisenerz"..
Teck Cominco ist an Eisenerz-Ressourcen interessiert ...

Gut für alle, die in CLM und NAU investiert sind ... die Zeit arbeitet für uns ...

Viel Spaß beim Lesen ...

tommy


Teck Cominco would eye any divested iron ore assets: CEO
Washington (Platts)--26 Feb 2008

Diversified zinc, copper and coal miner Teck Cominco would be interested in acquiring iron ore assets and has received requests from its customers to get into iron ore, said Donald R. Lindsay, president and CEO of the Canada-based mining company.

Speaking Tuesday via webcast at the BMO Capital Markets 2008 Global Metals and Mining Conference, Lindsay said that iron ore "would be a particularly good fit for us because of our coal business.

Customer performance in the coal business has not been satisfactory particularly in the down years."

Lindsay noted that, for example, with customers who buy both metallurgical coal and iron ore, the customer may opt to take its contract minimums from Teck Cominco and to take more from BHP Billiton, because BHP is a stronger strategic supplier to the customer since it offers both.

"The second reason is we're always concerned that when a price negotiation is taking place" with a customer and a competing supplier that can supply iron ore as well as coal, "they'll say if you give us a good price on the iron ore I'll cut you a deal on coal," Lindsay added.

"Customers have come to us and asked us to get into iron ore," he said, and "we like the outlook for any industry that has only a few suppliers."

Lindsay said, however, that he was "not optimistic one [an iron ore asset] will become available on the owners' own volition, because those who own those assets are enjoying the best times of their lives."

Teck Cominco does not need "another long development project," such as those it has ongoing for other metals, he explained. Given the proposed consolidation in the iron ore industry, however, "you never know if negotiations could force some sales, and we'd be open to that," Lindsay concluded.

--Karen McBeth, [e-mail]

[KGV900]

Man sollte auch nicht vergessen, ab einer MK von 500Mio CAN könnten interessierte Rohstofffonds bei CLM anklopfen. Das Thema Eisenerz ist wie man sieht hoch im Kurs, mit biegen und brechen wird versucht am grossen Eisenerzkuchen teil zu haben.

[tommy-hl]

.
Vale do Rio Doce diktiert Eisenerzpreise!

Kein Bauboom ohne Stahl und kein Stahl ohne Eisenerz! Diese einfache Aussage bringt das derzeitige Problem der asiatischen Stahlhersteller genau auf den Punkt. Die Produkte dieser Unternehmen erfreuen sich momentan einer regen Nachfrage, so verschlingen die Baumaßnahmen für die Olympischen Spiele in China bspw. Unmengen an Stahl.

Die rasant wachsenden Kundenaufträge können allerdings nur solange erfüllt werden, wie Eisenerz für die Stahlverhüttung vorhanden ist. Genau hier liegt das Problem. Der Eisenerzmarkt befindet sich fest in der Hand weniger Unternehmen. Allein Vale do Rio Doce, Rio Tinto und BHP Billiton kommen gemeinsam auf einen Marktanteil von mehr als 60 Prozent. Dieser geballten Marktmacht haben die asiatischen Stahlhersteller nur wenig entgegenzusetzen, denn der Rohstoffstrom muss weiter fließen. Vale do Rio Doce konnte diese Situation bereits ausnutzen und vor wenigen Tagen gegenüber drei großen asiatischen Abnehmern eine Erhöhung des Eisenerzpreises um 60 Prozent durchsetzen.

2007 hat der weltweit führende Eisenerzförderer insgesamt 295,9 Mio. Tonnen Eisenerz aus dem Boden geholt und damit das Vorjahresergebnis um 12 Prozent übertroffen. Die drastische Preiserhöhung dürfte sich signifikant auf die Geschäftsergebnisse 2008 auswirken. Doch nicht nur im Eisenerzbereich verdient der Konzern kräftig mit, denn auch andere Unternehmensbereiche konnten im Geschäftsjahr 2007 positiv überzeugen.
Demnach betrug die Kupferkonzentratproduktion von Vale im vergangenen Jahr insgesamt 284.200 metrische Tonnen. Mit dem 6,6%igen Anstieg wurde ein neuer Rekord erreicht. Auch die Reinnickelproduktion stieg im Jahre 2007 mit 247.900 metrischen Tonnen auf einen weiteren Hochpunkt.

Die höheren Absatzpreise auf dem Eisenerzmarkt dürften sich in den nächsten Monaten als Turbo für die Aktie des Unternehmens entpuppen. Momentan wird der wichtige Widerstand bei 20,00 Euro ins Visier genommen. Sollte der Ausbruch darüber gelingen, ist die nächste Barriere bei 21 Euro in Sicht. Dann winkt bereits das Allzeithoch bei 22,10 Euro. Die fundamentalen Rahmenbedingungen könnten derzeit kaum besser sein. Rohstoffpreise auf Rekordniveau und ein aggressiver Wachstumskurs rechtfertigen ein 6 Monats-Kursziel von 25 Euro.

Aus Rohstoff-Insider 03.2008

http://rohstoffinsider.de/downloads/Rohstoffinsider_03_2008.…

[tommy-hl]

China's iron ore reserves at 61b tonnes
February 28, 2008 - 8:08AM

China, the world's biggest steel producer and consumer, has 60.7 billion tonnes of proven iron ore reserves, the Xinhua news agency says.

Unproven iron ore reserves were estimated at more than 100 billion tonnes, the news agency quoted Vice Minister of Land and Resources Wang Min as saying on Wednesday.

China has discovered over the past two years 187 iron ore deposits which contain proven reserves of 3.2 billion tonnes, said Wang, who is also the head of China Geological Survey.

Investment in iron ore exploration had increased to $US322 million ($A345 million)from 2004 to 2007 to meet the rising demand for iron ore, Wang said.

The investment was more than five times higher than in the 15 years before 2003, he said. The country's demand for iron ore would remain high in the long term.

China produced about 490 million tonnes of crude steel last year, 15.7 per cent higher than in 2006. The country imported 383 million tonnes of iron ore last year, up 17.4 per cent, Xinhua said, citing the China Iron and Steel Association.

http://news.theage.com.au/chinas-iron-ore-reserves-at-61b-to…

[tommy-hl]

.
China hat zwar Unmengen an Eisenerz, jedoch hohe Fe-Gehalte sind selten (damit unwirtschaftlich) ...

Die Nachfrage nach Eisenerz soll bis 2010 jährlich um 26% wachsen ...

Viel Spaß beim Lesen

tommy


Search for iron ore accelerates
February 28, 2008

The search for domestic reserves of iron ore will be accelerated in the wake of soaring global prices, a senior official said yesterday.

"We will launch a new round of our nationwide iron ore survey, focusing on the vast central and western areas of the country in a bid to boost supplies," Wang Min, vice-minister of land and resources, said at a meeting yesterday in Tianjin.

The meeting, to discuss the direction of iron ore surveys, was held following the announcement of substantial increases in the cost of imports of the commodity into the country.

As the world's largest steel-maker, China is also its leading consumer of iron ore, a major constituent of steel.

Wang said that in the 1990s, geological prospecting teams almost stopped looking for new mines, as known reserves were "sufficient to last 300 years, based on demand levels at that time".

"But the forecasts did not account for the country's rapid economic growth, and now our supplies are dwindling," Wang said.

He said that while the country has abundant reserves of iron - with about 60 billion tons already discovered and 100 billion tons predicted to be found - high-grade ore was still relatively scarce.

According to the China Iron and Steel Association, the global sea-borne trade in iron ore was 805 million tons last year, of which 383 million tons were shipped to China, up 17 percent on 2006.

But with global giants, such as Australia's BHP Billiton and Rio Tinto, and Brazil's Companhia Vale do Rio Doce (CVRD), controlling 72 percent of the world iron ore trade, China's steel industry has come under enormous pressure on prices.

CVRD and Baosteel Group, China's largest steel-maker and the country's representative in negotiations with the iron ore giants, on Friday agreed to price increases of between 65 and 71 percent.

Price hikes aside, demand for iron ore by steel-makers is set to grow by 26 percent a year until 2010, Wang Jionghui, an official with China Minmetals Corp, the largest Chinese metals and minerals producer, said.

Chinese firms must adopt new models for obtaining resources, including becoming shareholders of global minerals giants, he said.

Increases in the cost of iron ore have had a predictable effect on steel prices. The China Securities Journal reported on Monday that 57 domestic steel plants had raised their prices after the price agreement was reached.

Source: China Daily

[KGV900]

So langsam wird es aus kurzfristiger Natur spannend, prallen wir am ATH ab oder wird das ATH durchbrochen, was Kursziele um 8,60 CAD zur Folge hätte. (obere langfristige Trendkanallienie)

Das ist hier die grosse Frage

stay tuned

[tommy-hl]

Antwort auf Beitrag Nr.: 33.516.086 von KGV900 am 29.02.08 14:58:30

Wenn ich es richtig erinnere, gingen vorgestern 1,6 Mio. Aktien über den Tisch ... da müssen sich doch wohl schon etwas größere Adressen eingedeckt haben ... IMHO

Ober glatter Durchbruch über die Widerstandslinie oder noch mal ein "Luftholen" spielt mittelfristig keine Rolle ...

Wer Gewinne mitnehmen will, soll das tun ... Ich bleibe dabei, will "double digits" sehen ...

stay long ...

tommy

[tommy-hl]

.
Metals Outlook Bullish for Investors With Faith in Emerging Markets

By Romina Maurino - 29 Feb 2008

TORONTO (CP) -- Investors looking to cash in on the increasingly bullish outlook for metals and mining should carefully consider what a slowdown in the U.S. economy will mean for the sector.

Gavin Graham, director of investments at Guardian Group of Funds, says his outlook for metal is ''strongly bullish'' and predicts continued strength into the future despite a possible U.S. recession.

''Although there are a number of people who feel that the slowdown in the U.S. is going to lead to a decline in metals prices - and indeed there has been some substantial pullback in metals like copper and nickel and zinc overt the last year or so - it's not the U.S. that's the big driver of those metal prices any longer, it's China and the emerging markets.''

He believes now is a good time to buy into the sector, but warns that anyone doing so has to ''be a believer in the growth and demand from emerging markets to feel comfortable.''

''If you're not, if you believe that the U.S. is going to pull down the rest of the world and that we're not going to decouple, then obviously this would be the wrong time to be buying base metals, because traditionally ... when there's been a slowdown in the U.S., the prices have not done well,'' Graham said.

Investors should keep on eye out for economic forecasts and projections for emerging markets, as well as economic data such as GDP numbers.

Graham sees iron ore, expected by many to rise 65% in the next year, as well as thermal and metallurgical coal, which have dramatically risen in price following problems relating to extremely bad weather, as two of the of the top picks.

Among the base metals, nickel also has a positive outlook, since demand is likely to remain high for stainless steel.

Donald Coxe, a global portfolio strategist with BMO Capital Markets, shares Graham's optimism.

''The industry is booming and the best for the miners is yet to come,'' he said in a note to clients.

''The current BHP Billiton-Rio Tinto (takeover) drama has meant that investors are being forced to rethink their valuations of the miners based on a flood of optimistic projections of the industry's future profitability, prepared by a new generation of industry leaders.''

BMO recommends long-term investors remain heavily overweight in commodity stocks, including the base metal stocks. In the near term, it says the gold sector ''will continue to outperform stock markets and to act as a form of hedge against two kinds of shocks _ financial panics and inflation shocks.''

Among the naysayers, Paul van Eeden, president of newsletter publisher Cranberry Capital Inc. and an independent investor with a special interest in mining companies, doesn't believe now is the right time to get into the metals sectors.

The U.S. slowdown, he says, will bring metals demand down.

''What is going to perplex investors and what is going to cause serious harm to their investment plans and their retirements is the fact that because of the economic slowdown and the decline in real demand, the real price of these things is going to go down, even though the nominal prices increase,'' he said.

''Because they're not rising in real terms, the real benefit to the mining industry is missing.''

Van Eeden said he had sold off most of his mining stocks and was ''investing aggressively in gold.''

But like with any investment, education is key.

''When you invest in stocks you have to be very, very knowledgeable about the companies that you buy, because you're buying a business,'' he said.

''If you do a proper job of analyzing the businesses, then I think gold is a very good sector to be investing in.''

Graham also suggests keeping the following in mind:

- The price of the stocks does not always track the price of the metal.

''You get leads and lags, so the fact that the price of the metal is going up lot doesn't necessarily mean the stocks will go up a lot because there's a lot of things that can go wrong in mines.''

- Resists the temptation to play in speculative markets.

''While you make more money in the speculative companies - which don't have any production but have prospects because people's imagination can be as wide-ranging as they chose - we've always had a bias toward having producing mines because you do actually have some income, you've got some ways of valuating (the company).''

Copyright 2008 The Canadian Press

[tommy-hl]

.
Wir brauchen also nicht zu befürchten, dass die armen Chinesen keine Profite mehr machen, weil die Eisenerz-Preise steigen ...


China's Annual Steel Product Consumption Hits Record in 2007

By Interfax-China - 29 Feb 2008

SHANGHAI (Interfax-China) -- China consumed a record 520 million tonnes of steel products in 2007, up 17.4% year-on-year, the National Bureau of Statistics (NBS) announced today.

China is the world's largest steel product producer and consumer, producing 489.66 million tonnes of crude steel in 2007, up 16.8% from the previous year, and producing 568.94 million tonnes of steel products, up 21.3% from 2006, the NBS said.

Despite rising raw material prices, China's steel industry generated a record profit of RMB 190 billion ($26.68 billion) in 2007, up 45% from the previous year.

The China Iron and Steel Association, a semi-governmental organization that oversees the majority of domestic steel mills, last week expressed its concern that higher raw material prices will hinder the industry's sustainable development in 2008. High costs are expected to squeeze profit margins of steel mills and also push up steel product prices, the CISA said.

Commentary

A 20% rise in product prices has already been announced by Baosteel, and the likelihood is for further increases as raw materials costs spiral. Nevertheless, returns were strong last year and, given Japanese & South Korean prices have also risen. China will not be pricing itself out of the market and should be able to maintain margins, even if at a slightly lower level.

More of a concern is the industry's ability to maintain export growth to offset slowing domestic growth, as this year is unlikely to see a continuation of the 17% plus domestic consumption growth.

[SKGold]

Antwort auf Beitrag Nr.: 33.516.444 von tommy-hl am 29.02.08 15:25:09

Hallo tommy,

sehe ich genauso, man konnte die letzten Tage gut das steigende Volumen beobachten.
Da ist das von Heute sehr wenig.
Für mich ist Consolidated eine absolute Halteposi, die sehr großes Potenzial hat.

Gruß

PS: Übrigens Northland Heute mit hohen Volumen in Oslo und gutem Kursverlauf.

[tommy-hl]

Rangfolge der Minenfreundlichsten Länder
Finnland auf Platz Drei aufgestiegen ... gut für NAU ...
Quebec ist auf Platz EINS ... gut für CLM ...

FRASER INSTITUTE SURVEY
Quebec, Finland, Botswana all shine in favorable mining policy survey

Quebec has been ranked as the “La Belle Province” for its favorable mining policy and investment environment, toppling the “Silver State” from its long-time throne.

Author: Dorothy Kosich - Friday , 29 Feb 2008

The Province of Quebec Thursday topped the annual Fraser Institute Survey of Mining Companies as having the best policy environment in the world for mining exploration and investment, toppling long-time champ Nevada from the number one spot.

The biggest surprise was Finland, which soared from a 29th ranking last year to the number three spot.

The survey represents the opinions of 372 mining executives and managers internationally on the policy and mineral endowment of 68 jurisdictions on all continents except Antarctica. The companies participating in the survey reported exploration spending of US$1.48 billion in 2007, up from US$980 million in 2006. Survey respondents represented a 14.8% of total global exploration of US$9.99 billion last year.

Among exploration companies responding, 86% said they had increased spending in 2007. For producer companies with more than US$50 million in revenue, 93% indicated increased spending.

"Quebec has always been viewed in a good light by the mining industry, primarily due to its favorable geology, said Fred McMahon, survey coordinator and Director of Trade and Globalization Studies for the institute. "But Quebec's government also provides a favorable policy environment to go along with strong mineral potential. Mining companies feel Quebec's stable policies provide them with the certainty that reduces risks for long-term projects. Year after year, the survey bears out that above all, mineral exploration companies value stability and certainty when it comes to government policy."

Among with Quebec, the top 10 scorers on the survey are Nevada, Finland, Alberta, Manitoba, Chile, Utah, Wyoming, Ireland and Sweden.

The bottom ranked jurisdiction was Honduras, which did not receive a single response that the country does anything to encourage investment. The nation scored "0" in every category. Other low-ranking scorers were Zimbabwe, Ecuador, Panama, Bolivia, India, Indonesia and Mongolia.

If a mining policy structure "is opaque, unstable, and unpredictable-the things that most vex the mining industry-then the process can be easily politicized and good projects opposed by special interests may be rejected while bad projects with powerful supporters may be approved," McMahon said.

The "Current Mineral Potential Index" portion of the survey reveals whether a jurisdiction's mineral potential under the current policy environment encourages or discourages exploration. Jurisdictions which ranked high in the policy potential index but have limited mineral potential rank lower in the "Current Mineral Potential Index."

Mexico, Quebec, Chile, Burkina Faso and South Australia hold the top five spots on the "Current Mineral Potential Index." The bottom five spots are held by Venezuela, Zimbabwe, Montana, Wisconsin and Ecuador.

The "Best Practices Mineral Potential Index" reflects a jurisdiction's pure mineral potential since it assumed a "best practices" policy regime. "From a purely mineral potential, the seven jurisdictions that tie for top spot are Russian, Brazil, Ghana, the Philippines, Indonesia, Minnesota and Papua New Guinea," according to the survey.

When asked about Russia's mineral potential under "current" regulations, only 45% of those responding said Russia's potential was either neutral or encouraging. Under a "best practices" regulatory regime, where managers can focus on pure mineral potential rather than government-related problems, 100% of respondents said Russia's mineral potential was either neutral or attractive.

The jurisdictions with the greatest room for improvement are: Montana, Venezuela, Wisconsin, Ecuador and Minnesota. The jurisdictions with the least room to improve are Ireland, Chile, Alberta, Namibia and Burkina Faso, the survey found.

Botswana broke several records for the good this year in the survey. Its overall score was the highest ever for an African nation, ranking it in the 11th spot. Zimbabwe would have maintained its dead last ranking, had it not been for Honduras' recording-breaking bad score.

Chile and Peru both rebounded on this year's survey. Chile moved up to the 6th best posting this year, a substantially improvement over its 27th ranking in 2006. Peru ranked 52nd on last year's survey, but moved up to the 28th spot this year. "This may be due to increasing confidence in the political stability in the nation," the Fraser Institute suggested.

The survey provided an analysis of 13 policy-related factors that contribute to the ability of jurisdictions to attract exploration investment and on two overall questions on the attractiveness of a jurisdiction under current and under best practices policies. This year a question on the availability of labor and skills was added to the survey.

Companies were asked to rate jurisdictions on the following factors on a scale of 1 to 5:

Uncertainty concerning the administration, interpretation, and enforcement of existing regulations
Environmental regulations
Regulatory duplication and inconsistencies (including federal/provincial or federal/state and interdepartmental overlap)
Taxation regime (including personal, corporate, payroll, capital taxes, and the complexity associate with tax compliance)
Uncertainty concerning native land claims
Uncertainty concerning which areas will be protected as wilderness or parks
Infrastructure
Socioeconomic agreements
Political stability
Labor regulation/employment agreements
Geological database (including quality and scale of maps and ease of access to information)
Security
Availability of labor/skills
Mineral potential assuming current regulation and land use restrictions
Mineral potential assuming no regulation or land restrictions (but further assuming industry "best practice" standards)
Survey respondents were also asked for their comments regarding individual countries. Two survey respondents bemoaned the destruction of Indonesia's world-leading minerals investment environment and its replacement with chaos.

An exploration company vice president described Sweden as "a well established government process that is not hijacked by special interest groups. Sweden's Environmental Court is nearly a one-window system to get permits."

The largest threat "to continued investment in the industry is the lack of people to complete the work," said an exploration company president.

In Africa, an exploration company consultant said he thinks Ghana has the most favorable mining environment, while an exploration company president said he feels Zimbabwe faces "major political uncertainty, nationalistic policies, expropriation of interests."

One exploration company president called Argentina's mining environment "death by a thousand cuts. They don't come out and take from you; they just slowly suck the life out of your enterprise, with petty dishonesty, gradual duplicity, and willful incompetence." Another exploration executive noted that the bi-lateral commerce treaties between Canada and Argentina are not enforced, hurting Canadian companies exploring in the country.

The president of a mining company said there is a strong mining base in Mexico and Peru, "balanced environmental policies, and well-tested mineral tenure laws. In addition, a reasonable infrastructure [is] in place including trained/skilled workforce."

Meanwhile an exploration company president said Honduras has "capricious politics, corrupt courts and media. Consultation [was held] between stakeholders including industry to form a new mining law and then politicians do not adopt [the recommendations] even though they started the process. Honduras [has] too much political turmoil. The mining industry and other industries are being used in power struggle for political purposes."

A consultant for an exploration company said China suffers from "uncertainty of land tenure because of the necessity to partner with government entities who prove untrustworthy. After giving our partner in China $300,000+ in cash, land covering the JV [joint venture] area was never transferred into the name of the JV: delay after delay. Finally we gave up on the property and moved out of China. This scenario has been repeated time and time again in China-word is trading in investment circles that everyone who works in China is getting ‘ripped off.'"

New Zealand was criticized for a lack of security of tenure, while an exploration company manager declared that Australia is a good mining jurisdiction due to transparency in legal system and laws. However, a mining-related company president claimed Australia suffers from native title problems, bureaucratic regulatory slowness, and lack of available labor, cost blow outs and timeframe issues. "Australian development [is] being hindered through narrow approach to environmental hurdles."

Even perennial favorite Nevada was accused of having a mess with its staking and claims.

[tommy-hl]

Interessanter Artikel zum Thema Rohstoffe!
Auszug Ausgabe "rsr" vom 27.02.2008:

Seit einigen Jahren haben wir nun schon die Ehre, zum weltweit wichtigsten Investorentreffen der Rohstoff– und Minenindustrie eingeladen zu werden. Die „Global Metals & Mining Conference“ von BMO Capital Markets, welche in diesem Jahr in Miami stattfindet und am heutigen Mittwoch endet, setzt Maßstäbe in Sachen Qualität bezüglich des Zusammentreffens von Investoren und Gesellschaften.

Wie auch schon in den letzten Jahren, waren die beiden Visionäre D. Coxe und R. Friedland mit ihren Ausführungen zum Mittagsessen am Montag und Dienstag absolute Höhepunkte. Donald Coxe ist der globale Portfoliostratege von BMO Capital Markets. BMO (Bank of Montreal) ist die größte Bank in Kanada und Donald Coxe wurde im Jahr 2007 zum besten Portfoliostrategen der Welt gekürt. Coxe ist seit 35 Jahren für institutionelle Kunden zuständig und seine Vorträge, gespeist mit einem unglaublichen Wissen bezüglich historischer Zusammenhänge und Ableitungen für die Zukunft, sind legendär.

Hoch erfreut waren wir, als er den fast 1.000 anwesenden Zuhörern erzählte, dass wir gerade Zeuge von historischen Umwälzungen werden, die schon bald in die Geschichtsbücher eingehen werden. Bis circa 1800 n. Chr. waren China und Indien die führenden Wirtschafts- und Handelsmächte der Welt. Mit der industriellen Revolution, welche diese beiden Giganten verschlafen haben, hat sich dieses Verhältnis zu Gunsten Europas und der USA verschoben. Bis zum Jahr 2050 wird aber der „historische Normalzustand“, der sich auch aus der Bevölkerungszahl ableitet, wieder hergestellt. Das ist soweit nichts Neues und Sie als treuer und aufmerksamer Leser unseres BB wissen dies natürlich längst. Coxe ist der Meinung, dass der aktuelle Zyklus im Rohstoffsektor sehr viel länger dauern wird, als sich dies „alle Zuhörer in diesem Raum“ vorstellen können. Während Rohstoffaktien seit Sommer 2007 vermehrt als „Risiko-Investments“ gesehen werden (wegen möglicher US-Rezession), prophezeite er, dass sich diese Ansicht bald um 180 Grad drehen wird! Das neue Hoch im Kupfer und vielen anderen Rohstoffen dürfte diesbezüglich ein erster Weckruf für Investoren gewesen sein.

Revolutionäre Vorhersage: Rohstoffaktien werden von Risikopapieren zum „sicheren Hafen“!

Coxe prophezeite, dass die derzeitigen Bewertungsabschläge der als „riskant“ angesehenen Rohstoffaktien sich in wenigen Jahren in Bewertungsaufschläge verwandeln werden! Im Klartext: Wenn heute ein Rohstoffproduzent mit einem KGV von 8 bis 10 gehandelt wird, dann wird dieser in wenigen Jahren ein KGV von 15-20 und am Ende des Bullenmarktes gar ein weit höheres KGV zugebilligt bekommen. Er schließt sogar ähnliche Exzesse wie bei den Technologieaktien Ende der 90er nicht aus. Doch bis dahin seien wir noch mindestens 10 Jahre entfernt. Er ist sich sicher, dass dieser Umdenkprozess (dass Rohstoffaktien eben weniger riskant sind, als Technologie oder Finanzwerte und die meisten anderen Aktien) derzeit gerade angestoßen wird. Coxe glaubt, dass die Annahme, Rohstofftitel seien kurzen Zyklen unterworfen, die größte Fehleinschätzung ist, welche im Markt vorherrscht. Aufgrund der gut 20-jährigen Baisse von 1980 bis 2001 seien viele Investoren bezüglich des neuen, langen Rohstoffzyklus immer noch skeptisch.

Robert Friedland: Wenn man die globale Erderwärmung stoppen will, braucht man Minen, Minen und nochmals Minen!

Hart ins Gericht ging Coxe mit der eigenen Analystenbranche. Die heute 25 bis 35-jährigen Analysten seien Kinder der Technologie-Bubble Ende der 90er Jahre. Es gibt heute immer noch zig Mal mehr Technologieanalysten als Minenanalysten. Erst wenn sich dieser Trend in den nächsten 10 Jahren umgekehrt hat und jeder Uni-Absolvent am liebsten ins Bergbaugeschäft oder Minenbusiness einsteigen will, dann sollte man hellhörig werden. Aber davon seien wir noch „meilenweit“ entfernt. Den US-Aktienmarkt (S&P 500) würde er schon aufgrund der Tatsache, dass darin nur 2 Rohstoffwerte enthalten sind, als klaren Underperformer der nächsten Jahre betrachten.

Zudem geht Coxe davon aus, der Ende 2007 von Brendan Wood zum besten Strategen weltweit gekürt wurde, dass bei nun weiter steigenden Rohstoffpreisen bald eine weitere Übernahmewelle einsetzen wird. Besonders dann, wenn die Aktien weiter zum Teil auf „Rezessionsniveau“ verharren und die Schere zwischen Rohstoff– und Aktienpreisen weiter auseinander geht. Vor allem im Goldsektor ist in den nächsten 12 Monaten mit einer massiven Konsolidierungswelle zu rechnen – die Capital Markets-Abteilung von BMO sei derzeit „very busy“ diesbezüglich! Je größer die Gesellschaft und die Reserven/Ressourcen, desto größer werden die Bewertungsaufschläge bei Übernahmen ausfallen. Weltklasse-Liegenschaften von Explorern sollen nun immer mehr in den Fokus der großen Gesellschaften rücken.

Robert Friedland: Das große Bild - Rückblick und Ausblick

Robert Friedland ist in der Rohstoffbranche ein „Rockstar“. So zumindest wurde er von BMO angekündigt und wir hatten nun bereits zum dritten Mal das Vergnügen, diesem Visionär und wohl größten Entdecker und Projektfinanzierer der letzten Jahrzehnte zuhören zu dürfen. Friedland entdeckte etliche große Minen, darunter die Fort Knox Mine von Kinross, sowie mit einer seiner Gesellschaften (Ivanhoe Mines) das größte Gold-Kupfer-Vorkommen (Oyo Tolgoi-Projekt) der Erde in der Wüste Gobi (Mongolei), welches mit Rio Tinto zusammen gerade in Produktion gebracht wird. Er gilt als extrem gut vernetzt und ist einer der nordamerikanischen Pioniere beim Aufbau von Geschäftsbeziehungen mit asiatischen Ländern in den letzten 25 Jahren. 2006 wurde er zudem zur „Mining Person of the Year“ ernannt. Vor Jahren sagte Friedland bei einem Kupferpreis von einem USD Notierungen von über 3 USD voraus und wurde belächelt. Gestern begründete er, warum er kein Problem damit habe, dass Kupfer in den nächsten Jahren auf 9 USD steigen könnte. Die revolutionäre These: Wenn man endlich ernst machen will mit dem Klimaschutz und die Treibhausgase reduzieren möchte, dann sollte man der Menschheit klar machen, dass dies nur mit einer Vielzahl von neuen Minen möglich ist. Warum?

1.) Weil wir dann hunderte neuer Atomkraftwerke bauen müssen, für die unendlich viel Stahl, Molybdän, Uran und etliche andere Elemente benötigt werden.

2.) Weil Autos dann mit Hybrid oder Elektromotoren ausgestattet werden müssen, die alle 300 Pfund mehr Metalle benötigen (vor allem Kupfer und viele seltene Metalle) als herkömmliche KFZ.

3.) Weil auch Wind– und Solarenergie (Windräder, Solarzellen) zur Herstellung Unmengen an kritischen Rohstoffen benötigt.

Zudem machte er deutlich, dass China und Indien erst zwischen 2020 und 2040 (Indien) ihren Zenit in der Rohstoffnachfrage erreichen werden. Die Energieprobleme nach dem Schneesturm in China, wo Teile des Landes lahm gelegt wurden, haben ein Umdenken in China bewirkt. Dort wird jetzt massiv in die Energiesicherung und die Nachschubsicherung (Rio Tinto-Einstieg) investiert. Alleine für 350 Milliarden wird das Eisenbahnnetz ausgebaut und modernisiert.

Zudem wünscht er sich Obama als US-Präsident, damit der Ruf der USA im Rest der Welt wieder besser wird. Witzig sein Vergleich zwischen Enron und den Banken. Die Enron-Manager mussten ins Gefängnis, weil sie sich mit Zweckgesellschaften außerhalb der Bilanz verspekulierten und die Bankvorstände bzw. Verantwortlichen für die Kreditkrise laufen alle noch frei herum, obwohl sie mit ihren Zweckgesellschaften nichts anderes machten! Die US-Notenbank sieht er extrem kritisch. Man hat den Kampf gegen die Inflation aufgegeben. Lediglich in Europa versucht die EZB sich noch dagegen zu stemmen. Allerdings wissen alle Notenbanker: Sowohl Zinserhöhungen als auch Zinssenkungen können weder den Ölpreis noch andere Rohstoffpreise in Zukunft von weiteren Aufschlägen abhalten!

Mein Fazit: Scheint doch, dass wir auf dem richtigen Weg sind ...

tommy

[tommy-hl]

Die Chinesen können nicht genug davon bekommen … Eisenerz …

China starts up nationwide iron ore exploration
By Difan Yu - 29 February 2008

The Land and Natural Resources Department of China (LNRD) starts up iron ore exploration to ease the stress of rising iron ore prices.

The international iron ore prices has risen 65 percent in 2008, making China's steel production costs sky-rocket by nearly 400 Yuan per ton. As a result, China Steel Industry Association and the Department of Commerce called on the same day for domestic steel enterprises to increase investment on mining in foreign countries, individually or jointly with other companies.

"To launch the iron ore exploration and achieve prospecting breakthrough is the effective way to increase the support capacity of domestic iron ore resources." Wang Min, the vice minister of LNRD said in a recent conference.

In the previous three years, China's average import prices of iron ore have experienced rapid growth: in 2005 it rose 71.5 percent while in 2006 it saw 19 percent gains, and in 2007 it increased rose 9.5 percent.

Wang min expressed that China's central leadership had clearly pointed out that the mineral resources strategy of China is based on domestic resource first and then actively exploit overseas. And he said the first and foremost task is to find large mines in China to ease the resources pressure.
http://www.ibtimes.com

[tommy-hl]

.
Montag präsentiert sich CLM auf der PDAC:

http://www.pdac.ca/pdac/conv/2008/ie-exchange-forum.html

[tommy-hl]

.
Northland Resources hat eine neue Präsentation heraus gegeben.
Sind auch schöne Charts zur Entwicklung des Eisenerz-Preises enthalten. Empfehle sich das mal anzusehen ...

http://www.northlandresourcesinc.com/i/pdf/Presentation-Mar0…

[christian76]

Antwort auf Beitrag Nr.: 33.461.604 von tommy-hl am 24.02.08 20:14:01

Hallo!
Die 71,4 Prozent Beteiligung an Wabush Mines von Cleveland Cliffs müssten doch auch in die Berechnung mit einfliessen.Die produzieren ca.5MT plus Verarbeitungsanlagen.

[tommy-hl]

Antwort auf Beitrag Nr.: 33.533.948 von christian76 am 03.03.08 14:02:47

Wann und wieviel cashflow aus dem JV für Wabush Mines generiert wird, ist mir leider nicht bekannt und kann deshalb (noch) nicht in die Gewinnberechnung einfließen.

Wenn dann etwas kommt, umso besser ... Unabhängig davon ist CLM kaufenswert ...

tommy

[MFC500]

zu Wabush siehe Meldung vom 31.08.07:

"CLM will not proceed with the purchase of a majority interest in the Wabush Mines JV..."

[tommy-hl]

Uuuupssss, da hat gerade einer in CAN 656.000 Stücke auf einmal gekauft ....

Sobald der Kurs ein wenig runter geht, kommen die Käufer und schnappen sich das Schnäppchen ...

Einfach stark, wie sich CLM auf hohem Niveau hält ...

tommy

[tommy-hl]

CLM auch heute wieder stark in CAN gegen den allgemeinen Trend ...
aktuell 7,49 C$

Was sagt unser Charttechniker? Durchmarsch ...

tommy

[KGV900]

unglaublich die Stärke von CLM, wie ein PUT-Schein bei diesem Umfeld


wer weiss, nach dem Vortrag am Montag in Miami könnten eventuell neue Investoren auf den Eisenerzexpress aufspringen??

[tommy-hl]

Iron law of high demand, rising prices
Next Big Thing?

Peter Koven, Financial Post
Published: Tuesday, March 04, 2008

With staggering price increases on the horizon, this could be the time that Canadians finally start to take iron ore seriously.

A couple of weeks ago, the mining world was in shock as Brazil's Companhia Vale do Rio Doce announced it secured a 65% price increase with Japanese and Korean steelmakers.

That sets a benchmark for the other big producers -- BHP Billiton PLC and Rio Tinto PLC-- to follow.

"I think everyone was quite surprised, they were hefty increases indeed," says Bart Melek, global commodity strategist for BMO Capital Markets. "[But] going forward we're looking at these prices to remain quite strong."

The price settlements speak to a market that has become dramatically tighter in the past five years. The seaborne iron ore market has grown from 454 million tonnes in 2000 to about 782 million last year.

That's what Gord McCreary wants to hear. As chief executive of Baffinland Iron Mines Corp., he is sitting on a world-class deposit in Baffin Island with 365 million tonnes of proven and probable reserves.

Getting a mine built in that corner of the world is a big challenge, but another problem for Mr. McCreary is that Canadian investors just don't "get" iron ore. It's an attitude he is trying valiantly to change.

"Here in Toronto, everyone is so focused on precious and base metals that they really haven't made any money on iron ore," he says.

"There's just not much knowledge in the community of how important high-quality iron ore assets are."

In Canada, there are plenty of ways to play precious and base metals, but the only ways to invest in iron ore are in small companies such as Baffinland and Consolidated Thompson Iron Mines Ltd. The biggest iron ore play in the country is Iron Ore Company of Canada, a private firm that was formed nearly 50 years ago.

Globally, there is no question about iron ore's relevance. The deposits in Western Australia are the main driver behind BHP's attempts to buy Rio Tinto, and Chinese steel demand is going through the roof. China alone imported 383 million tonnes last year, and demand there is rising by about 50 million tonnes a year.

The situation is tight on the supply side as well. Three companies (BHP, Rio Tinto and Brazil's Vale) control nearly 80% of the seaborne iron ore market, which gives them enormous clout in pricing. They will have even more if BHP buys Rio Tinto.

That makes the global steel industry very nervous about where their future supply will come from, particularly in Asia. Some steelmakers, such as industry leader Arcelor Mittal, have secured their own supply. In fact, Arcelor Mittal is the world's fifth-largest iron ore producer.

"Ultimately, a lot of those inputs in steel are going to get more expensive, at least for the next little while, until we see the supply side respond. And with much of the uptake continuing at a strong pace, we shouldn't be looking at a lot of relief any time soon," Mr Melek says.

Mr. McCreary is happy to point to numbers that demonstrate the importance of strong iron-ore assets. One of his favourites is the Hamersley operations in Western Australia.

As the iron ore price declined about 1% a year between 1982 and 2002, Hamersley posted an after-tax rate of return of plus-27%.

"Now that is a core operating asset," he says.

Mr. McCreary is certain that he has another one in Baffin Island. However, he'll need $4.1-billion to take it to production, he'll need a strategic partner, and he'll need investors to fully believe in his message. But in the midst of soaring Asian growth in iron ore demand and the possibility of more consolidation, he is fully confident that it will happen.

"It's taken me $170-million to get to feasibility," Mr. Mc-Creary says.

"I built mines in the past for half of that. Everything about this project is big, as will be the returns."

[e-mail]

[Popeye82]

Wen generell Eisen- aber großteils Explorationswerte interessieren:
Thread: News around the world


Nicht soviele, aber einige fortgeschrittene,
produktionsnahe Werte sind auch dabei.

Zu einem der 1sten Postings mit den 3,5Mrd. $ Cashflows/anno
wollte ich noch mein Veto einlegen,
aber wurde dann ja kurz darauf auch korrigiert.

Popeye

[tommy-hl]

.
- Citi erwartet für nächstes Jahr weitere 30% Preissteigerung für Eisenerz ...

- Der Markt für die Lieferung von Eisenerz bleibt eng für die nächsten Jahre ...

Broker tips big rise in store for iron ore

5th March 2008, 6:45 WST

Analysts at influential investment bank Citi have weakened attempts by Asian steel mills to withstand Rio Tinto’s demand for a 70-plus per cent rise in 2008 benchmark iron ore prices by forecasting that next year’s price is likely to rise another 30 per cent.

While Rio and arch-rival BHP Billiton remain locked in tense negotiations with their steel mill customers over this year’s price, Citi analysts Alan Heap and Alex Tonks say they expect iron ore markets to remain tight “for the next few years” and the gap between the benchmark and the much higher spot price to narrow.

In tipping a 30 per cent rise in benchmark prices for 2009, the analysts also forecast a long-term price of about $US60 a tonne, compared to the $US55/t Rio receives for its Pilbara ore.

The bullish Citi note — the broker yesterday declared it was “perhaps now the biggest iron ore bull” — will come as a huge tonic to WA’s iron ore industry. The influential Citi research will help Rio and BHP’s demand for a freight premium for their Pilbara ore to counter their mines’ proximity to Asia when compared to their main rival, Brazil’s Vale. Rio and BHP are demanding a share of the cost savings reaped by Asia’s steel mills for sourcing Pilbara ore, at a significantly lower freight cost, than the Brazilian product.

The freight argument is the reason why neither Rio nor BHP have joined Vale in agreeing to a 65 per cent benchmark price rise this year.

The steel mills have so far resisted Rio and BHP’s demands for fear of causing irreparable damage to the decades-old benchmark pricing system, which has helped steel mills avoid buying iron ore on the spot market where prices are twice as high.

PETER KLINGER
www.thewest.com.au

[tommy-hl]

.
Australia forcasts large commodities gains

Australia, the world`s largest shipper of coal, iron ore and wool, forecast the biggest gain in commodity exports in 29 years, driven by demand in China.

Sales may rise 30% to a fifth straight record of A$189.1 billion (US$178 billion) in the year ending June 30, 2009, the Canberra-based Australian Bureau of Agricultural and Resource Economics said on Tuesday. That compares with a revised A$145.6 billion this fiscal year and is the biggest gain since 1979-1980.

Prices for the nation`s top five commodity exports (iron ore, coking and thermal coals, gold and crude oil) have risen to records this year, stoking earnings at producers including BHP Billiton. Surging prices drove inflation in China and Japan to the fastest pace in about a decade, and the forecaster on Tuesday said there are risks of more increases in emerging markets.

"The underlying demand from the economic growth of countries like China, India, Vietnam is probably going to continue for another two decades," Saul Eslake, chief economist at Australia and New Zealand Banking Group Ltd, told reporters at the bureau`s Outlook 2008 conference in Canberra. "Part of the rise in global inflation we`ve seen over the past year is directly attributable to rising prices for energy and, more recently, for food."

China`s economy expanded 11.4% in 2007, the fastest in 13 years, and consumer prices gained 4.8%, exceeding the government`s 3% target. China`s demand is driving Australia`s 17th year of economic growth as companies spend a record A$57.9 billion developing mines and oil fields.

"Continued strong economic growth, industrialisation and urbanisation in China are putting pressure on domestic resources," the forecaster said in its March quarter report. The commodity export forecast comes as the Reserve Bank of Australia raised its benchmark interest rate to the highest in almost 12 years to slow the fastest inflation since 1991. Raw materials account for about 17% of Australia`s economy.

"The very real concern that our central bank shares with the central banks of countries like China and Vietnam is that rising prices for food and energy could become more widespread and lead to inflationary wage demands," ANZ`s Eslake said. Contract prices for iron ore in the year starting April 1 rose by as much as 71%.

Prices for hard-coking coal may surge to a record US$200/t from US$98/t this contract year, a Bloomberg survey last month showed. Spot prices for thermal coal and coking coal climbed to records this year after flooding at mines in Australia and snowstorms in China.

"China is far and away the biggest underlying force" driving sales, Peter Arden, an analyst at Ord Minnett Ltd, an affiliate of JPMorgan Chase & Co, said by phone from Melbourne. "The outlook is very, very rosy."

China`s biggest commodity companies, including Aluminum Corp of China Ltd have said they`re concerned that BHPB`s proposed takeover of rival Rio Tinto Group would concentrate supplies and wield too much pricing power. BHPB and Rio Tinto are the world`s largest and third- largest mining companies.

Exports of minerals and energy are forecast to jump 33% to A$153.4 billion in fiscal 2009, the bureau said. Earnings from energy commodities may gain 54% to A$66.8 billion on increased volumes and higher prices for coal and oil. Gold prices, which rose to a record on Monday, may average US$870/oz in 2008, 25% higher than 2007.

Mining Journal Online (Bloomberg, March 4)

[FullGreenhorn]

Hallo!

Hat jemand von euch vielleicht ein gutes Zertifikat auf Eisnerz im Depot?

Bin da nicht so Firm drin und habe bis jetzt dieses hier gefunden:

RCB7TD


Bin hier auch investiert, möchte aber noch einen anderen Weg finden um von dem Eisnerzboom zu profitieren.

mfg

[KGV900]

Antwort auf Beitrag Nr.: 33.555.480 von FullGreenhorn am 05.03.08 12:43:44

Mein Zertifikat auf Eisenerz WKN: A0KFDB das Risiko einer möglichen Bankpleite ist da begrenzt, man weiss ja nie was die Zukunft so bringt. In meinen Augen ist das die optimalste Lösung vom Eisenerzboom zu profitieren, musst aber langfristig eingestellt sein.


In diesem Sinne


Gruss

[FullGreenhorn]

Antwort auf Beitrag Nr.: 33.556.100 von KGV900 am 05.03.08 13:44:13

Danke!

[KGV900]

sehr nett der heutige Tagesverlauf

[KGV900]

vor allem der 600k Block

[tommy-hl]

Antwort auf Beitrag Nr.: 33.558.714 von KGV900 am 05.03.08 16:56:08

Die Aktie ist nicht zu bremsen ...
C$ 7,99 ... haben wir damit die Widerstandslinie durchbrochen ...

tommy

[eifelcash]

Antwort auf Beitrag Nr.: 33.558.969 von tommy-hl am 05.03.08 17:11:24

[tommy-hl]

.
Forecasts for metal prices upgraded
Andrew Trounson | March 06, 2008

ANALYSTS continue to upgrade their metal, iron ore and coal price forecasts because of tight supplies and production disruptions.

According to Macquarie Equities, the relative strength in commodity markets means that some mining stocks are set to be resilient amid the global stock market uncertainty.

"In the context of day-to-day turmoil in the financial sector, we continue to believe that specific sections of the resources market should be viewed as a safe haven for equity investors," Macquarie said.

It noted, in particular, strong gold prices, long-term strength in iron ore and coal and an improving outlook for aluminium.

Macquarie yesterday upgraded its short-term forecasts for aluminium by 15-18 per cent, while also raising its near-term copper forecasts by 9-13 per cent and its nickel forecasts by 4-16 per cent.

China's aluminium production has been hit by temporary power shortages, while South African output faces longer-term power restrictions.

In iron ore, Citigroup expects supply to remain tight for at least another year and is tipping prices to rise a further 30 per cent in 2009-10 on top of the 65-71 per cent contract price rise secured by Brazil's Vale.

Reflecting the tight market, Rio Tinto and BHP Billiton are still to agree prices, negotiating hard to secure at least the upper end of the Vale deal.

Spot prices for Indian iron ore into into China continue to rise.

"The market is set to remain tight for at least another year with demand increasing and producers struggling to keep pace," Citigroup said in a report this week.

Goldman Sachs JBWere has also upgraded its 2009-10 iron ore price forecast from rollover to a 20 per cent rise. It sees prices falling back 15 per cent in 2010-11.

Goldman has also increased its 2008-09 hard coking coal price forecast by $US50 a tonne to $US250 a tonne, a huge 155 per cent rise on last year's $US98 a tonne settlement.

It has increased its thermal coal forecast by $US20 to $US130 a tonne, a 134 per cent increase on 2007-08 prices.
www.theaustralian.news.com.au

[tommy-hl]

.
PDAC: Lawrence Roulston on Commodity Bull
Wednesday, March 5, 2008 - By Robert Arber

Newsletter writer talks biggest bull argument in the room.

On the first day of the Prospectors & Developers Association of Canada (PDAC) conference in Toronto, I had the pleasure of sitting in on the afternoon session at the Investors Forum. Bold-speaking newsletter writers – most, if not all, well known by Stockhouse readers – took to the stage to regale listeners with various interpretations, histories and forecasts of and for the macro-economy.

Resource guru Lawrence Roulston of the famed Resource Opportunities newsletter spoke with great conviction on the current state of the commodity markets. In his view, it really IS different this time. Dangerous words to be sure, but Roulston is convinced. Why?

Roulston believes that there is a lot of "misinformation about the base metal markets." Our skewed North American perspective is obscuring, for many, the fact that "most of the rest of the world is booming," and that "infrastructure growth in China is nothing short of extraordinary." If anyone out there believes that the U.S. economy has decoupled from the Asian markets in a real way it's Roulston, who went so far as to say that the U.S. economic slowdown will have "no impact whatsoever" on international base metals demand, which is instead "going to accelerate."

Without getting into detail about the macro-economic picture, Roulston noted that "there is a great diversity of opinion about what's going on in the economy right now," and investors are losing sight of the big picture. No matter which way you slice it, in Roulston's view of the base metal markets there is one simple fact that ought to underpin the investment strategy of everyone: "This is a secular bull market."

Roulston cited two waves of demand and assured the audience that while wave two is just now beginning, it doesn't mean the end of wave one – wave one will continue to rage. Wave one is made up of base metals demand for infrastructure projects, and it has provided the underpinning for the most recent leg of the bull run. Now wave two is hitting, which is the wave based on consumer demand for "stuff." All this stuff – from cars to refrigerators to TVs to houses – requires base metals. And if you think by consumer demand Roulston is referring to North American buyers, think again.

Combined with these two waves of demand, you have the compounding problem of shrinking supply: "The low hanging fruit is gone," says Roulston. It's no mystery what happens to prices when increased demand is met with decreasing supply.

If you're not convinced that the base metals commodity bull is here to stay, Lawrence Roulston would have no problem setting you straight.
source: interview PDAC

[tommy-hl]

CLM auch heute wieder im Plus und das gegen den fallenden Markttrend ... Einfach stark, diese Aktie ...

tommy

[tommy-hl]

CLM war ja auch dort - vielleicht deshalb der Run auf die Aktie ...

CANADIAN MINING PERSPECTIVES: Prospectors' ritual gathering, v.2008

By: Jane Werniuk
TORONTO - It's over. The booths have been packed up and shipped out, the rugs have been rolled up, the leaflets and balloons and refuse recycled or disposed of, and everyone has scattered to the four corners of the world.

The 76th annual convention of the PROSPECTORS & DEVELOPERS ASSOCIATION OF CANADA was a smash hit success, with all the record-breaking numbers that you might expect of an industry riding the big kahuna of high commodity prices and the favour of investors. The attendance rose to more than 20,000 this year, at least 14% over last year's record numbers of 17,600. The number of Trade Show exhibitors rose 24% to 351, and occupied 12,500 m². The number of exhibits in the Investors Exchange, comprising exploration and mining companies, rose 52% over last year to 650, and covered 11,600 m². More than 10% of the exploration and mining companies who exhibited are based outside of Canada. More than 100 countries had a presence at the convention.

Despite the rapid expansion, the PDAC staff and their hired hands did a very professional organizing job, with no glaring errors or omissions. There were a lot of happy customers.

The grand prize for one lucky delegate was a 1.54-ct princess cut diamond from the Ekati mine northeast of Yellowknife, donated by BHP BILLION. Its $16,000 retail value was more than any of the previous diamond prizes.

The increasing size of the convention and clamour for more exhibit space forced the association to move the convention to the South Building of the Metro Convention Hall, allowing all the exhibits, talks and meals to be on just two levels of the same building, although there were convention-related receptions spread across the downtown area. It was a remarkable sight at 5.30 each evening when the exhibit halls were closed down, to see thousands of tired bodies funnelling onto two escalators to make their way up two levels to the ground floor (where the door opened up to a view of the CN Tower and the Rogers Centre stadium, and waiting shuttle busses to the downtown hotels), or up one more level to the Skywalk over to Union Station and the Royal York Hotel.

As the popularity of the Prospectors' convention has grown, there has developed a large gang of repeat conventioneers from around the world who consider the PDAC convention home turf for a few days every March. Wherever they come from, and whatever languages they speak, they know their way around the streets, the PATH, the subway, restaurants and bars of downtown Toronto. The remarkably popular PDAC convention has truly brought the mining world to Toronto, helping to maintain the city's status as the world's largest mining finance centre. A London, U.K.-based mining reporter told me, "I don't think you can be in the mining business anywhere in the world and not attend the PDAC; I do more business here than at any other show."

There was a euphoria about the convention this year, at a time when gold is edging toward a US$1,000 per ounce price, and the platinum price has risen almost 50% in the first two months of 2008. Increased precious and base metal reserves and resources were being announced like show-and-tell, with companies wanting to bring out their very best news in front of all their friends and colleagues.

What was it like to try to find those special people whom you want to meet, deal or bargain with, or just rub shoulders with, in a crowd of 20,000? It's interesting how you saw a lot of the same people over and over, but, without the use of cell phones (which often didn't work in the subterranean location), it was actually hard to find a specific person. On the other hand, the number of eligible brokers, students, employees, suppliers, investors and other contacts has grown so large that your chances of finding one (if you're not fussy which one) were much increased. There were noticeably more students and younger people, partly because they are attracted by the prospect of finding summer jobs (a traditional function of the convention), and because they were treated well by prospective employers and by the PDAC, which hosted a student lunch on the Tuesday, attended by around 500 university students.

For the first time, the program included a reception for Women in Mining, with more than 460 in attendance, and speeches from several women including outgoing PDAC president Patricia Dillon and Ontario's assistant deputy minister of Northern Development and Mines, Sue Herbert.

Aboriginal people were high on the agenda this year. Ms. Dillon on behalf of the association signed a Memorandum of Understanding with Chief Phil Fontaine on behalf of the Assembly of First Nations, cementing the teamwork approach that has been developing between the two organizations. The election of Glenn Nolan this year as the association's 2nd vice-president means that Mr. Nolan with become the PDAC's first Aboriginal president in 2012.

More than 250 media representatives were registered. The National Post newspaper had an editor and two reporters full time at the convention, publishing a whole section on Mining Business for the March 4th newspaper; their online editor Drew Hasselback admitted that they could have used an extra writer on site because of the size of the convention and the number of stories that could be covered.

You know your industry has hit the big time when former U.S. president Bill Clinton and mining magnet Frank Guistra plan a major mining industry fund-raiser for the Clinton Foundation on March 2nd, the day before the convention began, attracting many celebrities and notables, as well as mining industry types with deep, deep pockets. And to think that was just two days before presidential candidate (and Bill's wife) Hillary Clinton's must-win primaries in Texas and Ohio. Oh Bill, who does your scheduling?? (Fortunately for Bill, Hillary won both primaries.)

In summary, the convention was lots more of everything - excitement, news, money, people, fun, entertainment... With a wary eye over their shoulders, people were enjoying the good times, hoping that they continue, at least until retirement.

www.canadianminingjournal.com

[nebenwerte_fuchs]

Trading Halt

http://biz.yahoo.com/cnw/080306/tsx_trade_halt.html?.v=2

[Werderforever]

Antwort auf Beitrag Nr.: 33.571.412 von nebenwerte_fuchs am 06.03.08 19:01:11

Consolidated Thompson gets the approval to operate the Bloom Lake iron mine
Thursday March 6, 1:00 pm ET


Thread: Goldpreis setzt Anstieg fort, Ölpreise leicht im Minus

[tommy-hl]

Antwort auf Beitrag Nr.: 33.571.412 von nebenwerte_fuchs am 06.03.08 19:01:11

Wollen wir hoffen, dass positive news kommen ...

Hat jemand eine Idee, was dahinter stecken könnte ...

[tommy-hl]

Dazu fällt mir ein, dass noch die

- Finanzierung und
- Behördengenehmigung

ausstehen. Könnte mir gut vorstellen, dass es dazu news gibt ...

tommy

[tommy-hl]

Mar 06, 2008 13:09 ET
Consolidated Thompson Obtains Approval to Operate the Bloom Lake Iron Mine

MONTREAL, QUEBEC--(Marketwire - March 6, 2008) - In the presence of Claude Bechard, Quebec's Minister of Natural Resources and Wildlife, Richard Quesnel, President and Chief Executive Officer of Consolidated Thompson Iron Mines Ltd. (TSX:CLM), today announced that, after receiving the necessary government authorizations, the Company is ready to launch the Bloom Lake iron mine, which is the first mining project to be initiated on the North Shore of Quebec in 34 years.

This project will represent an investment of nearly half a billion dollars. Located 13 kilometres northwest of the town of Fermont, the new open-pit mine is expected to produce seven million tonnes of high-quality iron concentrate per year. The Company intends to operate the mine for a period of 34 years.

Mr. Quesnel stated, "We are delighted to have reached this significant milestone for our company. The mine is scheduled to begin production in the second quarter of 2009. The iron market is known to be cyclical, and the prospects for the next few years are very encouraging. Very strong demand for our product and rising prices on world markets make this an exceptionally good time to launch our project."

A project with global implications

Consolidated Thompson recently signed a long-term agreement with a Chinese partner, Worldlink Resources Ltd. (WL), for the sale of seven megatonnes of iron ore, which represents its entire yearly production. Founded in China in 2000, Worldlink Resources Ltd. is an integrated commercial company that imports and exports iron ore, coal, and other bulk solids; operates a joint venture that includes two Chinese steel plants; and owns a portion of two port terminals, one in China and one in Brazil. The agreement comes at a time when the demand for steel, the principal component of which is iron ore, has grown by 33% in China over the last three years. The price of this metal remains high.

"The launch of the Bloom Lake iron mine is perfectly timed for the international metal resources market, a sector that has been growing very rapidly, mainly due to the impact of China's vigorous economy and its high level of demand for steel," Mr. Quesnel pointed out.

A project with long-term spin-offs for the North Shore region

The Bloom Lake project represents an initial investment on the order of $410 million. The new mine will produce long-term spin-offs for the whole North Shore region. Construction alone will generate approximately 400 jobs, and 250 direct jobs will be created later, when the mine begins production. Local and regional manpower, both Native and non-Native, will be called upon to contribute to the success of this project.

"The participation of the socioeconomic representatives of the region was decisive in getting our project established, and we are pleased that we are now able to announce a project that will contribute to the development of the region, generating jobs and long-term spin-offs," said Quesnel.

Consolidated Thompson started preliminary development work at its Bloom Lake property in the fall, and is already launching activities aimed at preparing the site for future exploitation of this mining claim. These activities include site clearing, building access and service roads, and installing a 34.5 kV power transmission line. Work will begin this week on excavating the future mining site and building the ore concentrator.

About Consolidated Thompson

Consolidated Thompson Iron Mines Ltd. is a Canadian corporation that is devoted to exploring, developing, and mining mineral deposits. The company has approximately 81.4 million shares outstanding, and trades on the Toronto Stock Exchange under the symbol "CLM".

http://www.marketwire.com/mw/release.do?id=829574

[nebenwerte_fuchs]

The mine is scheduled to begin production in the second quarter of 2009.

Bisher wurde immer von Q1 gesprochen. Wäre interessant zu wissen, wieso sich der Produktionsstart nach hinten verschiebt.

[saltamonte]

hi all, bin zwar nicht investiert aber habs gerade gelesen

solche "bought deals" scheinen in mode zu kommen - ist mittlerweile der dritte innerhalb von ein paar tagen den ich beobachte

================================================================
Cons Thompson arranges $156-million bought deal


2008-03-06 15:57 ET - News Release

Mr. Richard Quesnel reports

CONSOLIDATED THOMPSON ANNOUNCES $156 MILLION BOUGHT DEAL FINANCING

Consolidated Thompson Iron Mines Ltd. has entered into an agreement with a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including Canaccord Capital Corporation, GMP Securities LP and RBC Capital Markets, under which the underwriters have agreed to purchase 20 million common shares of Consolidated Thompson at a price of $7.80 per common share, for total gross proceeds of $156-million. Consolidated Thompson will grant the underwriters an overallotment option to purchase up to an additional three million common shares (for additional gross proceeds of $23.4-million), exercisable at the issue price at any time until the 30th day following the closing date of the offering.

The net proceeds from the offering will be used to finance development activities on the Bloom Lake property and may also be used to finance future acquisitions of complementary mining assets and for working capital purposes.

Closing of the offering is anticipated to occur on or about March 27, 2008, and is subject to certain conditions including receipt of applicable regulatory approvals including approval of the Toronto Stock Exchange

[tommy-hl]

.
CLM – Neubewertung

Aufgrund der neu heraus gelegten Aktien vergrößert sich die Aktienanzahl. Dafür wird aber m. M. nach keine Fremdfinanzierung erforderlich. Nachfolgend meine neue Kalkulation:

1. Kalkulations-Parameter

1.1 Produktionsvolumen
2009: Produktionsbeginn in Q2-2009. Deshalb wähle ich nur 3,5 Mio. t Eisenerz als Produktionsgröße
2010: ab 2010 werden 7 Mio. t Eisenerz-Konzentrat gefördert mit 66,5% Fe-Gehalt gemäß FS.

1.2 Umsatzerlös für Eisenerz
Per Januar 2008 wurden C&F-Preise von 139 US-Cents/dmtu erlöst. Die in den letztgenannten News erwähnten Preissteigerungen von 65% beziehen sich auf die zum 1.4.2007er-Preise und liegen bei 150-155 US-Cents/dmtu (entsprechend 120-125 US-Cents/dmtu auf FOB Brazil port Basis). Ich wähle deshalb für CLM einen Erlös von 140 US-Cents/dmtu und liege damit unter den aktuellen 150-155 US-Cents/dmtu .

1.3 Operating Costs
Die feasibility study geht von 19,76 $/t aus. Ich habe für 2009 wegen der Anlaufkosten 30 $/t und ab 2010 dann 25 $/t gewählt um Inflation und Dollar-Verfall gerecht zu werden. Für 2011 wurde eine rechnerische Erhöhung von knapp 3% bezogen auf 2010er Kosten genommen.

1.4 Capex p. a.
333 Mio. $ lt. FS

1.5 Finanzierungskosten
Durch die Kapitalerhöhung gehe ich davon aus, dass kein Fremdkapital benötigt wird.

1.6 Steuer
Es wurde ein Steuersatz von 30% verwendet. Ob die Anschaffungskosten in den ersten Jahren zu einer Steuerbefreiung führen werden, ist mir zurzeit nicht bekannt.

1.7 Gewinn pro Aktie
Es wurde eine Stückzahl von 107 Mio. Aktien zugrunde gelegt.


2. Umsatz/Gewinn-Kalkulation

Geschätztes Ergebnis für 2009 ….. 2010 ….. 2011
Produktion Eisenerz (66,5%) 3,5 Mio. t . 7 Mio. t . 7 Mio. t
Gesamtumsatz USD ....... 325 Mio. . 651 Mio. . 651 Mio.
Produktionskosten …...... 105 Mio. . 175 Mio. . 180 Mio.
AfA / Capex ...................... 30 Mio. ... 33 Mio. .. 33 Mio.
= EBIT ............................ 190 Mio. . 443 Mio. . 438 Mio.
Finanzierungskosten ......... 0 Mio. ..... 0 Mio. .... 0 Mio.
-------------------------------------------------- ----------------------
= Bruttogewinn ……......... 190 Mio. ...443 Mio. 438 Mio.
minus Steuer ……….... ..... 56 Mio. ...133 Mio. 131 Mio.
-------------------------------------------------- --------------------------
= Nettogewinn ………… 134 Mio. … 310 Mio. . 307 Mio.
= Gewinn pro Aktie: …… 1,25 $ …. 2,89 $ ….. 2,87 $ (107 Mio. Stück)
= Gewinn pro Aktie: …. 0,83 EUR . 1,93 EUR . 1,91 EUR
= KGV (Kurs 5,35 €): …. KGV 6,4 … KGV 2,8 ... KGV 2,8

Kurs bei KGV 10: .......... 8,30 EUR .. 19,30 EUR . 19,10 EUR
Kurspotenzial: ............... 55% ........... 260% ......... 257%

Trotz des inzwischen höheren Aktienkurses und der Verwässerung durch die neuen Aktien ist CLM m. M. nach weiterhin kaufenswert. Durch die Minengenehmigung und durch das zusätzliche Kapital sind diese zwei Risiken nicht mehr vorhanden und CLM bietet dem Anleger eine 260%-Chance bis 2010 bei geringem Risiko.

tommy

[tommy-hl]

CLM – Neubewertung

Aufgrund der neu heraus gelegten Aktien vergrößert sich die Aktienanzahl. Dafür wird aber m. M. nach keine Fremdfinanzierung erforderlich. Nachfolgend meine neue Kalkulation:

1. Kalkulations-Parameter

1.1 Produktionsvolumen
2009: Produktionsbeginn in Q2-2009. Deshalb wähle ich nur 3,5 Mio. t Eisenerz als Produktionsgröße
2010: ab 2010 werden 7 Mio. t Eisenerz-Konzentrat gefördert mit 66,5% Fe-Gehalt gemäß FS.

1.2 Umsatzerlös für Eisenerz
Per Januar 2008 wurden C&F-Preise von 139 US-Cents/dmtu erlöst. Die in den letztgenannten News erwähnten Preissteigerungen von 65% beziehen sich auf die zum 1.4.2007er-Preise und liegen bei 150-155 US-Cents/dmtu (entsprechend 120-125 US-Cents/dmtu auf FOB Brazil port Basis). Ich wähle deshalb für CLM einen Erlös von 140 US-Cents/dmtu und liege damit unter den aktuellen 150-155 US-Cents/dmtu .

1.3 Operating Costs
Die feasibility study geht von 19,76 $/t aus. Ich habe für 2009 wegen der Anlaufkosten 30 $/t und ab 2010 dann 25 $/t gewählt um Inflation und Dollar-Verfall gerecht zu werden. Für 2011 wurde eine rechnerische Erhöhung von knapp 3% bezogen auf 2010er Kosten genommen.

1.4 Capex p. a.
333 Mio. $ lt. FS

1.5 Finanzierungskosten
Durch die Kapitalerhöhung gehe ich davon aus, dass kein Fremdkapital benötigt wird.

1.6 Steuer
Es wurde ein Steuersatz von 30% verwendet. Ob die Anschaffungskosten in den ersten Jahren zu einer Steuerbefreiung führen werden, ist mir zurzeit nicht bekannt.

1.7 Gewinn pro Aktie
Es wurde eine Stückzahl von 107 Mio. Aktien zugrunde gelegt.


2. Umsatz/Gewinn-Kalkulation

Geschätztes Ergebnis für 2009 ….. 2010 ….. 2011
Produktion Eisenerz (66,5%) 3,5 Mio. t . 7 Mio. t . 7 Mio. t
Gesamtumsatz USD ....... 325 Mio. . 651 Mio. . 651 Mio.
Produktionskosten …...... 105 Mio. . 175 Mio. . 180 Mio.
AfA / Capex ...................... 30 Mio. ... 33 Mio. .. 33 Mio.
= EBIT ............................ 190 Mio. . 443 Mio. . 438 Mio.
Finanzierungskosten ......... 0 Mio. ..... 0 Mio. .... 0 Mio.
-------------------------------------------------- ----------------------
= Bruttogewinn ……......... 190 Mio. ...443 Mio. 438 Mio.
minus Steuer ……….... ..... 56 Mio. ...133 Mio. 131 Mio.
-------------------------------------------------- --------------------------
= Nettogewinn ………… 134 Mio. … 310 Mio. . 307 Mio.
= Gewinn pro Aktie: …… 1,25 $ …. 2,89 $ ….. 2,87 $ (107 Mio. Stück)
= Gewinn pro Aktie: …. 0,83 EUR . 1,93 EUR . 1,91 EUR
= KGV (Kurs 5,35 €): …. KGV 6,4 … KGV 2,8 ... KGV 2,8

Kurs bei KGV 10: .......... 8,30 EUR .. 19,30 EUR . 19,10 EUR
Kurspotenzial: ............... 55% ........... 260% ......... 257%

Trotz des inzwischen höheren Aktienkurses und der Verwässerung durch die neuen Aktien ist CLM m. M. nach weiterhin kaufenswert. Durch die Minengenehmigung und durch das zusätzliche Kapital sind diese zwei Risiken nicht mehr vorhanden und CLM bietet dem Anleger eine 260%-Chance bis 2010 bei geringem Risiko.

tommy

[arzureus]

Antwort auf Beitrag Nr.: 33.575.346 von tommy-hl am 07.03.08 09:24:45

Hallo tommy,
bin auch seit längerem stiller Mittleser bei CLM, Geovic usw.Ich wollte mich einfach nur mal für deine uneigennützigen Einsatz hier bedanken. Daß in einem Tread so fachlich kompetent und ohne gegenseitige Anfeindungen diskutiert wird ist wirklich selten und nicht zuletzt wohl auch dein Verdienst.
Ich wünsche und allen weiter starke Bewegungen richtung Norden

Gruß Arzureus

PS: Was mich noch interessieren würde bei deinen ganzen Recherchen, wann schläfst Du eigentlich.

[KGV900]

Die Frage bezüglich der Finanzierung ist jetzt wohl vom Tisch 20Mio. shares zu 7,80CAD ...

Was mich etwas ärgert ist, das der Produktionsbeginn mit Q2 angegeben wurde, eigentlich war die Verschiebung abzusehen, trotzdem ärgert es einen.

Gruss

[tommy-hl]

Antwort auf Beitrag Nr.: 33.576.855 von arzureus am 07.03.08 11:46:20

Hallo arzureus,

danke für die "Blumen" ...

Da ich es nach jahrelanger Vorbereitung im "Hamster-Laufrad des Für-Geld-Arbeitens" geschafft habe, den Ausstieg zu schaffen, habe ich jetzt mehr Zeit und kann so meinem Hobby der Kapitalanlage nachgehen ...

Ich hoffe, dass Du (auch) bei CLM dabei bist, denn nächstes Jahr werden wir wohl deutlich höhere Kurse sehen ...

Viel Erfolg

tommy

[KGV900]

das Teil ist ja immer noch vom Handel ausgesetzt

[tommy-hl]

Antwort auf Beitrag Nr.: 33.577.217 von KGV900 am 07.03.08 12:17:38

Eine Verschiebung von 1-3 Monaten ist in diesem Geschäft nichts außergewöhnliches. Viel wichtiger ist nach m. M., dass jetzt sowohl die Genehmigung vorliegt, als auch Geld in die Kasse kommt.

Damit ist CLM einen Riesenschritt weiter ...

[nebenwerte_fuchs]

das Teil ist ja immer noch vom Handel ausgesetzt

etwas verwirrend, aber ich glaub CLM ist wieder[/b] vom Handel ausgesetzt.

http://micro.newswire.ca/70886-0.html

Der Handel war zwischenzeitlich wieder aufgenommen wurden. Komisch.

[tommy-hl]

Handel in CAN läuft wieder.
Gewinnmitnahmen, Kurs zurzeit minus 3% ... sell on good news ..
Die Leute haben einfach keine Geduld ...
Bleibe long, und kaufe evtl. noch nach, je nach Kursabschlag ...

[tommy-hl]

Thompson Iron gets financing for Que. mine
March 7, 2008

Consolidated Thompson Iron Mines Ltd., a Toronto-based miner, says it has struck a financing deal to raise $156-million to help launch the Bloom Lake open-pit iron mine in Quebec.
This agreement "positions us with a very strong balance sheet in terms of cash," Richard Quesnel, president and chief executive officer said yesterday.

"We already had $190-million in cash in hand. So with this financing it almost completes the financing requirement for the project."

The company will sell 20 million shares at $7.80 each and will use the money for the Bloom Lake mine in the North Shore region near Fermont, Que. Also yesterday, the Quebec government approved the mine, expected to operate for 34 years. CLM (TSX) rose 4 cents to $7.95.

http://www.reportonbusiness.com/servlet/story/LAC.20080307.T…

[tommy-hl]

.
Vale settles 2008 iron ore fines prices with ArcelorMittal
London (Platts)-- 7 Mar 2008

Companhia Vale do Rio Doce has concluded the iron ore price negotiations for 2008 with ArcelorMittal Sourcing, the world's largest steelmaker, securing a 65% price increase in line with the deals already agreed with number of other steelmakers, the Brazilian miner said.

The iron ore prices for Southern System fines, FOB Tubarao, increased by 65% relative to 2007; at the same time, due to its recognized superior quality, it was agreed that the price for Carajas iron ore fines would have a premium of $0.0619/dry metric ton Fe unit over the 2008 price for Southern System fines, Vale said.

The new reference prices per dry metric ton Fe unit for 2008 are $1.3441 for Southern System fines and $1.4060 for Carajas fines.

"The magnitude of the price increase for 2008 reflects the continuity of very tight conditions still prevailing in the global iron ore market," Vale said in a statement.
www.platts.com

[KGV900]

Antwort auf Beitrag Nr.: 33.579.938 von tommy-hl am 07.03.08 15:53:21

je nachdem wie man eingestellt ist, aus kurzfristger Sicht waren die gestrigen News alles andere als "good" eine Aktienverwässerung ist halt negativ zu werten. Aus langfristiger Sicht hat man nun die Gewissheit, das das Projekt endgültig finanziell so ausgestattet ist, das es zur Produktion herangeführt werden kann. Ich persönlich werde ebenfalls bei stark fallenden Kursen meine Posi step by step erhöhen, im Hinterkopf die Abgeltungssteuer Wo wir letztendlich in paar Jahren stehen werden, weiss nur der Eisenerzgott, aber deine Berechnung zeigt schon wohin die Reise gehen könnte. Double digits sind daher ein muss, alles andere wäre enttäuschend.

Gruss

[tommy-hl]

Antwort auf Beitrag Nr.: 33.581.293 von KGV900 am 07.03.08 17:39:47

Bei meiner Berechnung habe ich einen etwas niedrigeren Preis für Eisenerz genommen, als aktuell gültig.

Und Citi rechnet für 2009 mit einem weiteren Preisaufschlag von 30%.

Allein das sollte den Gewinn höher ausfallen lassen, als in meiner konservativen Gewinnschätzung.

Wenn wir dann noch etwas ähnliches erleben wie bei Fortescue (geht im Mai in Produktion), wird sich mein angenommenes KGV 10 wohl als zu niedrig erweisen ...

Die Frage ist m. M. nicht ob wir double digits sehen werden, sondern ob die digits eine "1" oder eine "2" vorne haben werden ... in Euro versteht sich ...

... feel good ...

tommy

[tommy-hl]

Kann leider kein französisch ...

http://www.radio-canada.ca/regions/est-quebec/2007/09/07/001…

[tommy-hl]

Les analystes de Canaccord Adams et de Macquarie recommandent d'acheter le titre, avec une cible variant entre 11,50 et 11,75 $

Ich vermute mal, dass Canaccord ihr Kursziel auf 11,75 $ erhöht haben ... Kann das jemand bestätigen ?

http://www.corusnouvelles.com/rss-consolidated_thompson_obti…

[tommy-hl]

,
Consolidated Thompson Gets OK to Operate Bloom Lake Iron Mine

By Eric Shackleton - 07 Mar 2008

TORONTO (CP) -- Consolidated Thompson Iron Mines Ltd. [TSX:CLM], a Toronto-based miner, says it has struck a financing deal to raise C$156 million to help launch the Bloom Lake open-pit iron mine in Quebec.

This agreement “positions us with a very strong balance sheet in terms of cash,” Richard Quesnel, president and CEO, said Thursday in an interview.

“We already had C$190 million in cash in hand. So with this financing it almost completes the financing requirement for the project,” he said.

The company has struck a deal with underwriters to sell 20 million shares at C$7.80 each and will use the money for the Bloom Lake mine in the North Shore region near Fermont, Que., and for acquisitions and working capital.

Earlier Thursday, the Quebec government approved the mine, expected to operate for 34 years. Consolidated Thompson had bought the property in September 2005.

The company announced Thursday that it had signed the financing agreement, which took about nine months to negotiate, with a syndicate of underwriters led by Macquarie Capital Markets, and including Canaccord Capital Corp., GMP Securities and RBC Capital Markets.

Quesnel said “we've already spent C$50 million on the project itself. We're getting very close to finalizing our requirements.”

The financing deal “gives us more flexibility to be able to move on and develop the mine now that we have our permits on a fast track and be able to deliver by the second quarter of 2009.”

The mine is expected to begin operating in 2009 and produce seven million tonnes of high-quality 66.5% iron concentrate per year.

The company said early last year, following the completion of a feasibility study, that the capital cost for the mine would be about C$410 million.

China-based Worldlink Resources Ltd. has previously agreed to buy seven megatonnes, representing a full year of production.

The world's largest iron producer, Vale, recently negotiated a 65% hike in iron prices from some of its major customers - putting upward pressure on the widely used base metal, a primary raw material for steel production.

The deal with Worldlink comes at a time when the demand for steel has grown by 33% in China over the last three years.

“The iron market is known to be cyclical, and the prospects for the next few years are very encouraging. Very strong demand for our product and rising prices on world markets make this an exceptionally good time to launch our project,” said Quesnel.

“We've already committed roughly about half of our expense in terms of locking in on equipment, on supplies and the cement and infrastructure bringing it online,” said Quesnel.

According to the feasibility study, total operating costs would be about US$19.76 per tonne concentrate, with a total undiscounted cash flow of US$2.75 billion, and forecasted yearly cash flow exceeding US$150 million.

The payback has been set at about 2.5 years.

Thursday's Bloom Lake launch comes after Hamilton-based U.S. Steel Canada Inc., formerly known as Stelco and its partner Cleveland Cliffs Inc. withdrew from talks to sell their combined 71% stake in the Wabush Mines company to third partner ArcelorMittal Dofasco Inc. also of Hamilton.

Earlier the former Dofasco had exercised its right to buy out its two partners in Wabush, scrapping an earlier deal that would have seen their combined 71% stake sold to Consolidated Thompson.

At this point, Quesnel doesn't see any threat from a U.S. recession, but said “a global recession would have an impact .”

The driver in the steel market has been the Asian market over the past three or four years with demand at 10% and plus in China as well as India, he said.

In contrast, North American and European growth on steel consumption has been about 2%-3%, he said.

The ore will be moved directly by rail and ship to China through the deep sea port at Sept-Iles, Que. “We're building our own facilities there,” said Quesnel.

To keep costs down, “we're setting ourselves up for bigger ships in the neighbourhood of 300,000 tonnes,” he said.

As well, some of the highest quality ore comes from Canada.

“Our's is at 66.5% concentrate. In the blast furnace this produces more tonnes per hour than say 58% like some of the ore from Brazil,” said Quesnel.

“The better quality there is, the more attractive it is to steel mills.”

The company's shares closed Thursday at C$7.95, up four cents, after a trading halt was lifted following the financing deal announcement.

© The Canadian Press 2008

[tommy-hl]

ISTANBUL – Turkish Daily News
Ereğli Demir & Çelik to invest in iron ore
Saturday, March 8, 2008

Turkey's largest steel producer, Ereğli Demir & Çelik, might spend $350 million on a mining venture this year, the company's chief executive officer told a press conference in Istanbul Friday.

“We have long-term investment plans in southern Turkey's Hasan Çelebi mine, which has 700 million tons of iron ore reserves,” Oğuz Özgen said during a press conference held to announce the company's 2007 financial status as well as its investment plans for this year. Erdemir will start work on the mine in the second quarter of this year and complete the investment by the second half of 2010, he added.

The company, which invested $947 million last year, plans to invest nearly $800 million in various sectors this year. The company is also planning to invest $4.2 billion by 2012 on projects including upgrading factories and expanding production, said Özgen. The company last week posted a net income of YTL 679.4 million ($550 million) for last year, little changed from the previous year, on sales of YTL 5.45 billion.

Global raw steel production was slightly above 1.34 billion tons last year, with an increase of 7 percent from a year earlier, said Özgen. “China is a great factor. Raw steel production in China increased by 15 percent to reach 489 million tons. Turkey, with its 25.7 million tons of production ranks second, following China in the list of countries which recorded the biggest production increase last year. Turkey maintains its 11th spot at the global list of steel production.” Erdemir, with its steel production, ranks 58th in a global listing, 18th in Europe and eighth among European Union countries, said Özgen.

The flat production in the company's southern factory İşdemir, located in the Mediterranean coast's İskenderun, and in its northern factory Erdemir, located in the Black Sea's Ereğli, total 4.206 million tons. “Prior to the privatization the figure was 3.500 tons. Within the last two years out northern factory saw a production increase of 700 million tons,” said Özgen. The northern factory exported 656,000 tons last year, while the southern factory's experts reached 269,000 tons, he added.

"For example, 70 percent of our direct and indirect exports are to the automotive and white goods sectors. Our export provides an advantage for us. A possible economic crisis imposes the minimum threat to our group,” said Özgen. “In case of an economic crisis we will be affected by global fluctuations just like all other global companies. Like I said, exports are our advantage.”

Concerning the recession debate related the subprime mortgage crisis in the United States, Özgen said, “Personally, I look at this situation not as an economic crisis, but a banking and liquidity problem.”

[tommy-hl]

Merrill Lynch bullisch für Metallpreise u. insbesonders Kupfer
Datum 07.03.2008

New York (BoerseGo.de) - Die Investmentbank Merrill Lynch hat ihre Prognosen im Bereich der Metallpreise nach oben angepasst. Dies betrifft vor allem Kupfer, wo die Sichtweise für 2008 um 22 Prozent und für 2009 um 50 Prozent angehoben wird. Zu 2010, 2011 und 2012 erfolgen Aufwärtsrevidierungen von 54 Prozent, 39 Prozent und 31 Prozent.

“Zwar gehen wir für sämtliche Rohmaterialpreise von höher als ursprünglich erwarteten Niveaus aus, aber am positivsten sind wir für große Mengenrohstoffe wie Eisenerz und Kohle sowie für Edelmetalle wie Gold und Platin gestimmt.

Lieferschwierigkeiten beeinflussen die Preise für nahezu alle Rohstoffe. So beeinträchtigt etwa der Regen in Australien die Kohleproduktion. Die Förderung von Platin sieht sich mit operativen Problemen und Schwierigkeiten im Kraftwerksbereich konfrontiert. Zu den Top-Werten im Metall-Minen-und Stahlsektor zählen Anglo American, Xstrata, Vedanta und ArcelorMittal”, heißt es weiter von den Experten.

http://www.godmode-trader.de/front/?titel=Merrill-Lynch-bull…

[Damien_Thorn]

clm wird sicher meine nächste aktie sein die ich mir ins depot lege.
das noch ein pp kommt war doch klar ,irgendwoher muss die finanzierung ja kommen
da jetzt die genehmigungen da sind und die finanzierung steht (auch wenn man evtl noch mit einer zusätzlichen verwässerung rechnen sollte oder einem kredit) kann/muss der kurs anfang 2010 deutlich höher stehen als jetzt ,wieviel höher wird die zeit zeigen.
tommy rechnet wirklich konservativ ,ich könnte mir gut vorstellen das bei den preisprognosen für die nächsten jahre sogar wesentlich mehr unter dem strich raus kommt.
wie gesagt werde in jedem fall noch einsteigen über die nächsten wochen.

[SKGold]

Antwort auf Beitrag Nr.: 33.586.623 von tommy-hl am 08.03.08 12:52:51

Hallo Zusammen,

nach einer Woche ohne Börse für mich hat sich CLM wirklich sehr gut gehalten und dazu gab es ja noch 2 gute News, also was will man mehr.

Schönen Sonntag!

[tommy-hl]

.
The Iron Ore Surge Continues

10.03.08 - Fortescue Metals will not wait for its railway line form the Pilbara to Port Hedland to be completed. Completion was originally slated for May or earlier, but inevitable delays have set this target back. Instead, Fortescue intends to truck its iron ore to port from the end of the line as it creeps closer. There is no time to lose.

There is no time to lose because the iron ore price is running amok, and if Twiggy Forest wants to be able to crystallise his status as Australia's richest man then he needs to start selling into this market as soon as possible. Analysts have now moved ahead to forecast prices for the 2009, 2010 and 2011 Japanese financial years, expecting further increases in the first two before the iron ore price levels out.

We now know that Brazil's Vale - the world's largest individual producer of iron ore - has settled with the Japanese and Koreans on price increases for Itabira fines of 65%, and of 71% for the higher grade Carajas fines. While these are significant increases, Merrill Lynch analysts are surprised Vale didn't twist arms further. China is currently being forced to buy in lower grade Indian ore at spot for as much as US$216/t. The new Carajas price represents only US$146/t. Chinese buyers will expect to pay the same as their neighbours.

The answer probably lies in the speed with which Vale settled with the Japanese and Koreans, the analysts suggest. Vale is presently attempting to merge with Swiss mining giant Xstrata and needs to settle a deal with Swiss-based metal trader Glencore (Marc Rich's creation) which owns 34.6% of Xstrata. So it was better to sort out the iron ore price with expedience.

Analysts agree that its fair to thus assume BHP Billiton will negotiate a 65-71% price increase as well. It is understood the two Aussies will be pushing for more, given the Brazil-Australia freight differential. Australia currently receives US$37/t less for its iron ore than Brazil because of an antiquated agreement based on the fact it's a lot further to Asia from Brazil. The differential is no longer justified, so the Aussies are expected to push for a price rise of up to 100%. However, the Asians are likely to stand firm and despite world iron ore supply constraint they can now wave a potential US recession - and a subsequent drop in steel demand - in BHP's and Rio's faces. Negotiations are still underway.

As are negotiations between BHP and Rio, as the former tries to swallow the latter. A BHP Tinto would then become a bigger iron ore producer than Vale and thus in a better position to dictate terms. But that's not going to happen before negotiations are over for the year, if at all.

So analysts believe the two will have to settle on an equivalent price increase this year, but not yet an equivalent price. What happens thereafter will depend on two factors - the supply/demand balance, and the possible introduction of an iron ore index.

It is China driving demand. In 2007, China represented 80% of the growth of iron ore exports from Brazil/Australia, or 46% of the total. Imports were 384mt in 2007, up 17.6% from 2006. Merrill Lynch is forecasting 446mt of imports in 2008. ABN Amro notes Chinese steel production is forecast to maintain its current growth trend, as new capacity additions are only replacing the closure of smaller, inefficient mills. The analysts also suggest the higher costs of both iron ore and coal should be able to be passed on into steel prices, meaning there won't suddenly be a big drop in demand at that end.

On the supply side of the equation, constraint of supply has nothing to do with a lack of ore and everything to do with insufficient infrastructure and spiralling costs. All of Vale, BHP and Rio are planning capacity expansions from next year, with Vale hoping to go from 296Mtpa to 450Mtpa by 2013, BHP from 135Mtpa to 235Mtpa, and Rio from 180Mtpa to 350Mtpa (and don't forget Fortescue's targeted 100Mtpa or greater). But it all requires more equipment, labour, rail and port expansion, and new processing plants. Merrills notes Vale's last expansion cost US$112/t - twice as much as the company's previous expansion.

But another bombshell may soon hit he seaborne iron ore market. Merrills coyly suggests BHP is coercing Chinese steel giant Baosteel to support and help develop a global traded iron ore index. Apparently BHP is no longer writing new individual benchmark contracts and will only renew at an "agreed annual market price". This is seen as a precursor to the index. Iron ore is the only major commodity left without an index.

What this means is that producers and consumers will be able to agree on contract prices across a forward curve. What it also means is that speculators could then enter the market for paper-traded iron ore. To date, an investor wishing to "play" the iron ore market has had to be content with investment in shares of iron ore producers. Create an index, and the next thing you will have is derivatives. The prices of all commodities have surged recently ahead of consumer demand because of the growing popularity of investment in ETFs and other products.

Merrills is now forecasting another 20% price increase in JFY09. With the JFY08 Australian price increase expected to be 71%, The analysts suggest this forecast is "at the top end of consensus", with the current average suggested at 14%. However, GSJB Were is also expecting 20% and Citi recently shifted to as high as 30%. Merrills does, however, suggest its forecast is conservative.

Thereafter, Merrills sees another 10% increase in JFY10 (consensus minus 4%), a flat price in JFY11 (consensus minus 20%), and then falls of 25%, 20% and 20% respectively in JFY12-14. At this point, increased production should see iron ore move into surplus.

The good news is that Merrills believes the share prices of Australian iron ore producers are not yet reflecting such near term increases. Macquarie chimes in by suggesting that despite general global equity market weakness, certain sections of the resources sector continue to offer a safe haven.
money.ninemsn.com.au

[tommy-hl]

.
Rio Tinto eyes more spot market iron ore sales
Wed Mar 12, 2008

SYDNEY, March 12 Reuters) - World No. 2 iron ore miner Rio Tinto Ltd/Plc said on Wednesday it may sell more ore in spot markets, where returns still exceed long-term contract prices despite a big rise in the price some steel mills are preparing to pay.

Rio has been pushing its customers to pay a premium for Australian ore from the Pilbara region to compensate for a price differential on shipping costs versus material from Brazil's Vale.

"Despite repeated urging on our part, Rio Tinto iron ore from the Pilbara continues to be sold without the premium we believe it merits for being so much cheaper to import than iron ore from elsewhere, a fair return for the saving on freight, the natural premium of geographic proximity," Sam Walsh, chief executive of Rio's iron ore arm, told an industry conference in Perth.

"Until some recognition of the natural premium of geographic proximity is possible, and while the spot market continues to reward those without long-term benchmark supply contracts with customers, then we will do what we can to secure an appropriate return for our shareholders," Walsh said.

Contract iron ore prices are set each year by the big three mining companies -- Vale, Rio and BHP Billiton Ltd/Plc -- after closed negotiations with big steel producers in Europe, Japan and more recently China

Vale last month reached agreements with steelmakers to sell its ore for 65 percent to 71 percent more in 2008 than in the previous year. Rio and BHP have yet announce any price deals.

"There is nothing imminent, but we are patient people," local media quoted Walsh as saying at the conference.

"A couple of years ago it wasn't until June that the price was settled," he said.

Spot iron ore sells for about $200 a ton, versus around $108 based on Vale's latest agreements, while it costs roughly about $67 a ton to ship ore to China from Brazil versus $23 a ton from Australia, according to Australia & New Zealand Banking Corp commodities strategist, Mark Pervan.

"You can see why Rio wants to sell more into spot," Pervan said. "Right now they are leaving a lot on the table."

Rio had said in December it would become more active in the spot market while the discrepancy existed, announcing it would initially sell up to 15 million tons of iron ore at spot. Before that, Rio had little, if any, exposure to spot sales.

BHP has launched a hostile offer worth $139 billion for Rio, arguing both companies' operations would benefit from a unified group. Rio has rejected to offer, saying it sees plenty of scope to grow on its own.

Rio is expanding production at its Australian Pilbara iron ore operations to 220 million tons by 2009.

Rio said separately on Wednesday it has approved a $475 million project to boost iron ore concentrate production at its Iron Ore Company of Canada (IOC) unit to help meet strong global demand.

(source: Reuters - Reporting by James Regan)

[tommy-hl]

Kleine Präsentation von Fortescue mit interessanten Fotos ...

http://www.finanznachrichten.de/pdf/20080312_171916_NULL_DB3…

[tommy-hl]

India's NMDC in iron ore talks
11 March 2008

INDIAN miner NMDC is talking with companies in Australia, Canada and Brazil, hoping to secure an interest in overseas iron ore assets.

Demand from steelmakers and construction projects in China, India and the Middle East has made iron ore a highly-sought commodity and supplies are dominated by just three big miners.

The mismatch between supply and demand has caused prices to spike in the last year and triggered a global race to bring more to the market.

“We have just started the process. The talks are at an initial stage,” chairman of the state-run miner, Rana Som, said in an interview. “We have got some offers from Brazil and Australia, apart from Canada.

“NMDC, being a navaratna company, can invest up to 10 billion rupees abroad ($270 million), if the project is viable, attractive and compatible with long-term strategies,” Mr Som said, referring to the maximum amount it can invest overseas without seeking government approval.

Navaratna is a term used to describe a handful of major and profitable state-run firms.

NMDC, which accounts for about 15 per cent of iron ore production in India, is setting up a separate unit called the Global Exploration Centre for investing abroad.

“This exploration centre will be used in India and abroad for mining projects. The funds will be decided on the basis of the projects,” Mr Soma said.

NMDC is India's leading state-run miner, with three iron ore mines in the country, and is expecting iron ore production in the financial year ending March 2008 of 30 million tonnes.

Mr Som said the company wanted to build up its iron ore reserves with domestic steel consumption expected to rise 10-15 per cent annually over the coming years.

“I think iron ore prices will continue on an upward trend over the next three to four years,” he added.

Brazilian miner Vale recently said its big clients agreed to a 65 per cent increase in iron ore prices for 2008.

NMDC sets its contracted iron ore prices based on those of the world's top miners.

Mr Som said the company was also looking to process more of its low-value material called slime and convert it into pig iron.

“We are sending a team to Australia for the technology,” he said.

Mr Som said NMDC was setting up a pig iron plant with a capacity of 800,000 tonnes per annum and an iron ore pelletisation plant with an annual capacity of 1 million tonnes.

www.theaustralian.news.com.au

[tommy-hl]

Rio holds firm on push for big iron ore price rise

Thursday, 13/03/2008

Takeover target Rio Tinto is standing firm on plans to get 70 per cent more for its iron ore this year.

That would take the benchmark price to about US$110 a tonne.

The company is still negotiating the price with Chinese steel mills and is working off the back of a 60 per cent rise, recently given to Brazilian iron ore miner, Vale.

Rio Tinto's head of iron ore, Sam Walsh, says the company will stick to its guns on the issue of price, and current market conditions will back it up.

"The Indian suppliers are heading into monsoon season, freight rates are increasing," he says.

"There are a number of projects that are due to come on stream that we expect will be a little bit slower than the proponents have been commenting and we expect the market will continue to be tight as it is right now."
www.abc.net

[tommy-hl]

Mar 27, 2008 08:51 ET
Consolidated Thompson Closes $179 Million Financing, Including Exercise in Full of Over-Allotment
TORONTO, ONTARIO--(Marketwire - March 27, 2008) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMENATION IN THE UNITED STATES

Consolidated Thompson Iron Mines Limited (TSX:CLM) ("CLM" or "the Company") is pleased to announce that it has closed its previously announced bought deal financing of 23,000,000 common shares, which includes the exercise in full of the over-allotment option, at a price of $7.80 per common share for aggregate gross proceeds to the Company of $179,400,000.

The Company plans to use the net proceeds from the offering to finance development activities on the Bloom Lake property; and, it may also use the net proceeds to finance future acquisitions of complementary mining assets and for working capital purposes.

Macquarie Capital Markets Canada Ltd. was the lead underwriter in a syndicate that included Canaccord Capital Corporation, GMP Securities L.P. and RBC Capital Markets.

THE COMMON SHARES WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM U.S. REGISTRATION REQUIREMENTS. THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL.

About Consolidated Thompson

CLM holds the Bloom Lake Iron Ore Property which is located in the Normanville Township, Duplessis County, Province of Quebec, on the south end of the Labrador Trough (approximately 400 km north of Sept-Iles). The Bloom Lake deposit is situated approximately 10 km north of the Mount-Wright iron ore mining operation of Quebec Cartier Mining Company. Consolidated Thompson Iron Mines Limited is a mineral exploration and development company. Further information is available at www.consolidatedthompson.com.

[eifelcash]

Antwort auf Beitrag Nr.: 33.741.393 von tommy-hl am 27.03.08 16:16:59

Consolidated Thompson Iron Mines to Acquire Quinto Mining
INCREASING PRESENCE IN LABRADOR TROUGH IRON ORE CAMP
TORONTO, ONTARIO--(Marketwire - April 21, 2008) -

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES

Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson") and Quinto Mining Corporation (TSX VENTURE:QU) ("Quinto") are pleased to announce that they have signed a letter of agreement whereby Consolidated Thompson will acquire all of the outstanding common shares of Quinto in exchange for common shares of Consolidated Thompson (the "Transaction"). As a result of the business combination, Consolidated Thompson will acquire neighbouring iron ore deposits, and significantly increase its mineral resources and exploration growth potential. This acquisition will further establish Consolidated Thompson as a significant player in the Labrador Trough iron ore camp, while positioning itself well to participate in further consolidation in the iron ore industry. Pursuant to the Transaction, Quinto shareholders will receive one Consolidated Thompson common share for every five Quinto common shares held.

Upon completion of the Transaction, Quinto shareholders will hold approximately 13.6% of the issued and outstanding Consolidated Thompson common shares.

The Boards of Directors of both Consolidated Thompson and Quinto support the proposed business combination.

Conference Call

A conference call will be held on Monday, April 21, 2008 at 10 a.m. (Toronto time) to discuss this Transaction. An investor presentation outlining the Transaction is available on Consolidated Thompson's website. Please use the following information to access the call:

Dial in +1.416.695.9753

Toll Free: +1.866.542.4270 (Canada Only)

There will be a question and answer session following management's presentation during the call.

Highlights of the Transaction

Upon completion of the Transaction, the combined company will have:

- An estimated measured and indicated mineral resource totaling 940 million tonnes grading 29.33% Fe of which the measured resource totals 488.5 million tonnes grading 29.91% Total Fe and the indicated resource totals 451.5 million tonnes grading 28.71% Total Fe (NI 43-101 review carried out by Watts, Griffis and McOuat Limited);

- Potential production growth through the integration of Peppler Lake and Lamelee deposits, located within 40 km of Consolidated Thompson's Bloom Lake deposit, which is currently being developed by Consolidated Thompson and is expected to be in production in Q2 2009 at 7 million tonnes of iron ore concentrate per year with a 34-year mine life;

- Significant exploration potential at both Bloom Lake and the Lamelee and Peppler Lake deposits (exploration programs are in progress at Bloom Lake and Lamelee projects);

- Approximately $365 million in cash and cash equivalents;

- Proven management and board of directors with experience in financing, developing and operating mines; and

- Significant strategic advantages in the largest iron ore camp in Canada, located in Quebec and Labrador, which includes major industry participants such as Rio Tinto plc and ArcelorMittal.

Upon completion of the Transaction, Consolidated Thompson will have approximately 131.8 million common shares outstanding on a fully diluted basis, with former Quinto shareholders holding approximately 13.6% of the fully diluted combined company's common shares.

Richard Quesnel, President and Chief Executive Officer of Consolidated Thompson, said, "Combining the Peppler Lake and Lamelee iron ore deposits with the neighboring Bloom Lake deposit dramatically increases Consolidated Thompson's potential iron ore resources on an absolute and per share basis. A 'tip of the iceberg' acquisition of these deposits could propel Consolidated Thompson into the heart of continued consolidation in the Labrador Trough. Some of the many opportunities expected to be realized from this transaction include: purchasing the resources at an attractive cost, significant scope for eventually increasing production, and significant synergies to be expected through rail, port and G&A."

Tyrone Docherty, President and Chief Executive Officer of Quinto, commented "From the perspective of a Quinto shareholder, the transaction provides an attractive immediate premium while still maintaining significant upside exposure from our share ownership in Consolidated Thompson."

Compelling Combination

The combination will bring significant benefits to each of the companies and their shareholders. The board of directors of both Consolidated Thompson and Quinto support the proposed combination.

Benefits to Quinto Shareholders:

- Values Quinto at approximately $150 million on a fully-diluted basis (including the Quinto common shares currently held by Consolidated Thompson) at the exchange ratio of one common share of Consolidated Thompson for every five Quinto common shares held. This represents a premium of 39% based on the 20-day volume weighted average price of Quinto and Consolidated Thompson shares to April 18, 2008, the trading day prior to the announcement, and 16% based on the respective closing prices on April 18, 2008;

- Provides exposure to production at Bloom Lake;

- Facilitates development of Quinto's iron ore projects, as the Peppler Lake and Lamelee deposits are located within close proximity of Consolidated Thompson's Bloom Lake property;

- Provides financial strength and near term cash flow for continued development of Peppler Lake and Lamelee deposits;

- Leverages the knowledge and experience gained by management of Consolidated Thompson in connection with the development of the Bloom Lake property including experience with operations in the Camp and in negotiations with local communities and governments; and

- Provides shareholders with a significant stake in the combined company.

Benefits to Consolidated Thompson Shareholders:

- Adds high quality assets to Consolidated Thompson's long-term growth plan;

- Significantly increases estimated mineral resources and offers substantial growth potential;

- Provides an opportunity to significantly leverage the investments being made to develop the Bloom Lake property;

- Increases exposure to strong iron ore cycle; and

- Positions Consolidated Thompson well to participate in expected future consolidation in the iron ore industry.

Board of Directors' Recommendations

Quinto will be calling a special meeting of its shareholders to approve the Transaction at which time the Board of Directors of Quinto will recommend that Quinto shareholders vote in favour of the Transaction. The Quinto directors have indicated that they intend to vote their Quinto shares in favour of the Transaction.

Transaction Details

The Transaction is subject to the completion of confirmatory due diligence by Consolidated Thompson, the execution of a definitive agreement by May 31, 2008, regulatory approvals, court approval and obtaining shareholder approval at a special meeting of Quinto shareholders by July 15, 2008. Quinto expects to call a shareholder meeting in mid to late June, with the transaction expected close shortly thereafter.

Consolidated Thompson has entered into lock-up agreements with Quinto shareholders holding approximately 11.25% of the Quinto common shares on a partially-diluted basis, pursuant to which they have agreed to vote in favour of the Transaction on the terms proposed above, subject to certain conditions. Pursuant to the letter agreement, the directors of Quinto have also agreed to support the transaction, subject to certain conditions, and will enter into lock-up agreement at the time of execution of the definitive agreements, pursuant to which the directors will agree to vote their shares in favour of the Transaction, subject to certain conditions. In addition to this support, Consolidated Thompson currently holds 5 million Quinto common shares and share purchase warrants that entitle it to acquire 2.5 million Quinto common shares, representing 7.7% of Quinto's fully diluted shares outstanding.

Consolidated Thompson has also been provided with certain other rights customary for a transaction of this nature, including the right to match competing offers made to Quinto. The letter agreement also provides for a break fee of $4 million to be payable to Consolidated Thompson in certain circumstances.

The Transaction is expected to be structured as a plan of arrangement between Quinto and a newly formed, wholly-owned subsidiary of Consolidated Thompson.

Under the terms of the Transaction, Quinto shareholders will receive 0.2 common shares of Consolidated Thompson for each common share of Quinto held. Each outstanding Quinto convertible security will be exercisable for Consolidated Thompson common shares based on the exchange ratio.

Quinto's financial advisor is Macquarie Capital Markets Canada. Quinto's counsel are Devlin Jensen and Stikeman Elliott LLP. Consolidated Thompson's counsel is Cassels Brock & Blackwell LLP.

About Consolidated Thompson

Consolidated Thompson Iron Mines Ltd. is a Canadian corporation that is devoted to exploring, developing, and mining mineral deposits. The company has approximately 104.4 million shares outstanding, and trades on the Toronto Stock Exchange under the symbol "CLM". For more information, visit www.consolidatedthompson.com.

Richard Quesnel, P. Eng., a qualified person under National Instrument 43-101, reviewed the scientific and technical information found in this press release relating to Consolidated Thompson and its properties.

About Quinto

Quinto Mining Corporation is a junior mining exploration development company with two advanced projects in the Province of Quebec. The Peppler Lake Iron Ore project is located in the Mont-Wright region of North Central, Quebec, approximately half way between the mining towns of Gagnon and Fermont. The Lac Gueret graphite project is located 300km North Northwest of Baie Comeau along the Southwest shore of Reservoir Manicouagan. Further information is available at www.quintomining.com.

Ron Nethery, P. Eng., a qualified person under National Instrument 43-101 has reviewed the scientific and technical information found in this press release relating to Quinto and its properties.

This communication does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Quinto or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Consolidated Thompson, nor shall there be any sale or exchange of securities in any jurisdiction (including the United States) in which such offer, solicitation or sale or exchange would be unlawful prior to the registration or qualification under the laws of such jurisdiction. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. The solicitation of offers to buy Consolidated Thompson shares in the United States will only be made pursuant to a prospectus and related offer materials that Consolidated Thompson expects to send to holders of Quinto securities, subject to the requirements of applicable law. The Consolidated Thompson shares may not be sold, nor may offers to buy be accepted, in the United States prior to the time the registration statement (if any is filed) becomes effective or an exemption from such requirements is available. No offering of securities shall be made in the United States except (i) by means of a prospectus meeting the requirements of Section 10 of the United States Securities Act of 1933, as amended, which would contain detailed information regarding Consolidated Thompson and its management, as well as its financial statements, or (ii) pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of Consolidated Thompson and Quinto and its projects, statements regarding exploration prospects, statements regarding synergies and financial impact of the proposed transaction, the terms and conditions of the transaction, the benefits of the proposed transaction, the identification of mineral reserves and resources, costs of and capital for exploration projects, exploration expenditures, timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company (and the company resulting from the successful completion of the proposed transaction) to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; the business of Consolidated Thompson and Quinto not being integrated successfully or such integration proving more difficult, time consuming or costly than expected; not realizing on the potential benefits of the proposed transaction; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information, please contact

Consolidated Thompson Iron Mines Ltd.
Richard Quesnel
[phone]
Email: [e-mail]
Website: www.consolidatedthompson.com

or

Quinto Mining Corporation
Frank Chaid
[phone]
Email: [e-mail]
Website: www.quintomining.com Click here to see all recent news from this company

[SKGold]

Antwort auf Beitrag Nr.: 33.931.038 von eifelcash am 21.04.08 11:10:33

Langsam aber stetig entwickelt sich dieses Unternehmen auch was die Zukunft angeht!

[eifelcash]

Antwort auf Beitrag Nr.: 33.932.462 von SKGold am 21.04.08 14:15:15

Hi,

gefällt mir gut bis hierhin....

Gruß,

eifel

[Walhalla77]

Antwort auf Beitrag Nr.: 33.932.496 von eifelcash am 21.04.08 14:21:22

..die Nachricht kommt anscheinend in Can nicht so gut an..

[nebenwerte_fuchs]

auf der Homepage kann eine neue Unternehmenspräsentation abgerufen werden.

http://www.consolidatedthompson.com/global/contentserver/fil…

[eifelcash]

Antwort auf Beitrag Nr.: 33.943.159 von nebenwerte_fuchs am 22.04.08 15:58:30

Wie ich sehe freut sich auch hier niemand über die gute performance der Aktie in letzter Zeit. Gut so, freut euch im Stillen...wenn jeder ausreichend informiert ist, und das Invest läuft, gibt es auch keinen Grund zu posten...oder doch?

Einer der in den Wald ruft, davon gibts in der Eifel reichlich...


eifelcash

[eifelcash]

May 20, 2008 11:31 ETConsolidated Thompson Iron Mines and Quinto Mining Sign Defintive Arrangement Agreement
TORONTO, ONTARIO--(Marketwire - May 20, 2008) -

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES

Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson") and Quinto Mining Corporation (TSX VENTURE:QU) ("Quinto") are pleased to announce that they have signed the definitive arrangement agreement in connection with Consolidated Thompson's proposed acquisition by way of an arrangement (the "Transaction") of all of the common shares of Quinto. Quinto shareholders will receive one Consolidated Thompson common share and a cash payment of $0.005 for every five Quinto common shares held. As a result of the Transaction, Consolidated Thompson will acquire neighbouring iron ore deposits, and significantly increase its mineral resources and exploration growth potential. This acquisition will further establish Consolidated Thompson as a significant player in the Labrador Trough iron ore camp, while positioning itself well to participate in further consolidation in the iron ore industry.

The Board of Directors of Consolidated Thompson has unanimously approved the Transaction.

Macquarie Capital Markets Canada Ltd. has provided the Quinto Board of Directors with a fairness opinion that, as of the date of such opinion, the offered consideration is fair, from a financial point of view, to the Quinto shareholders, other than Consolidated Thompson. The Board of Directors of Quinto, having taken into account the recommendation of the Special Committee of the Board, Macquarie's fairness opinion and such other matters as it considered relevant, has unanimously determined that the proposed transaction is in the best interests of Quinto and has unanimously recommended that Quinto Shareholders and Quinto Optionholders, voting together, vote in favour of the Transaction.

Upon completion of the acquisition, Quinto securityholders will hold approximately 13.8% of the issued and outstanding Consolidated Thompson common shares on a fully diluted basis. Quinto has called a special shareholders meeting to approve the acquisition to be held at 11:00 a.m. (Vancouver time) on June 24, 2008 at the Delta Town & Country Inn, 6005 Highway 17, Delta, British Columbia. The record date for determining shareholders eligible to vote at the shareholders' meeting has been set as May 21, 2008. The terms of the definitive agreement are set out in more detail in Quinto's shareholder circular, which will be mailed to shareholders and filed under the profile of Quinto on SEDAR in accordance with securities laws.

Highlights of the Transaction

Upon completion of the Transaction, the combined company will have:

- An estimated measured and indicated mineral resource totaling 940 million tonnes grading 29.33% Total Fe of which the measured resource totals 488.5 million tonnes grading 29.91% Total Fe and the indicated resource totals 451.5 million tonnes grading 28.71% Total Fe (NI 43-101 review carried out by Watts, Griffis and McOuat Limited);

- Potential production growth through the integration of Peppler Lake and Lamelee deposits, both located within 60 km of Consolidated Thompson's Bloom Lake deposit, which is currently being developed by Consolidated Thompson;

- Significant exploration potential at both Bloom Lake and the Lamelee and Peppler Lake deposits (exploration programs are in progress at the Bloom Lake, Peppler Lake and Lamelee projects);

- Approximately $364 million in cash and cash equivalents;

- Proven management and Board of Directors with experience in financing, developing and operating mines; and

- Significant strategic advantages in the largest iron ore camp in Canada, located in Quebec and Labrador, which includes major industry participants such as Rio Tinto plc and ArcelorMittal.

About Consolidated Thompson

Consolidated Thompson Iron Mines Limited is a Canadian corporation that is devoted to exploring, developing and mining mineral deposits. The company has approximately 104.6 million shares outstanding, and trades on the Toronto Stock Exchange under the symbol "CLM". For more information, visit www.consolidatedthompson.com.

Richard Quesnel, P. Eng., a qualified person under National Instrument 43-101, reviewed the scientific and technical information found in this press release relating to Consolidated Thompson and its properties.

About Quinto

Quinto Mining Corporation is a junior mining exploration development company with two advanced projects in the Province of Quebec. The Peppler Lake Iron Ore project, which includes both the Peppler Lake and Lamelee deposits, is located in the Mont-Wright region of North Central, Quebec, approximately half way between the mining towns of Gagnon and Fermont. The Lac Gueret graphite project is located 300km North Northwest of Baie Comeau along the Southwest shore of Reservoir Manicouagan. Further information is available at www.quintomining.com.

Richard W. Risto, M.Sc., P.Geo., of Watts Griffs McOuat Limited, a qualified person under National Instrument 43-101 has reviewed the scientific and technical information found in this press release relating to Quinto and its properties.

This communication does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Quinto or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Consolidated Thompson, nor shall there be any sale or exchange of securities in any jurisdiction (including the United States) in which such offer, solicitation or sale or exchange would be unlawful prior to the registration or qualification under the laws of such jurisdiction. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. The solicitation of offers to buy Consolidated Thompson shares in the United States will only be made pursuant to a prospectus and related offer materials that Consolidated Thompson expects to send to holders of Quinto securities, subject to the requirements of applicable law. The Consolidated Thompson shares may not be sold, nor may offers to buy be accepted, in the United States prior to the time the registration statement (if any is filed) becomes effective or an exemption from such requirements is available. No offering of securities shall be made in the United States except (i) by means of a prospectus meeting the requirements of Section 10 of the United States Securities Act of 1933, as amended, which would contain detailed information regarding Consolidated Thompson and its management, as well as its financial statements, or (ii) pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of Consolidated Thompson and Quinto and its projects, statements regarding exploration prospects, statements regarding synergies and financial impact of the proposed transaction, the terms and conditions of the transaction, the benefits of the proposed transaction, the identification of mineral reserves and resources, costs of and capital for exploration projects, exploration expenditures, timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the either company (and the company resulting from the successful completion of the proposed transaction) to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; the business of Consolidated Thompson and Quinto not being integrated successfully or such integration proving more difficult, time consuming or costly than expected; not realizing on the potential benefits of the proposed transaction; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities. Although the companies have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither Consolidated Thompson nor Quinto undertakes to update any forward-looking information, except in accordance with applicable securities laws.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

Consolidated Thompson Iron Mines Limited
Richard Quesnel
[phone]
Email: [e-mail]
Website: www.consolidatedthompson.com

or

Quinto Mining Corporation
Frank Chaid
[phone]
Email: [e-mail]
Website: www.quintomining.com Click here to see all recent news from this company

[highspeed777]

http://aktien.onvista.de/charts.html?ID_OSI_OLD=178649&MONTH…

[highspeed777]

[highspeed777]

[KGV900]

Antwort auf Beitrag Nr.: 34.150.055 von highspeed777 am 22.05.08 12:06:19

du bist hier definitiv falsch

aber ist ja nicht schlimm, denn das ist der Thread des Friedens sind ja alle im Plus...

[eifelcash]

Antwort auf Beitrag Nr.: 34.162.115 von KGV900 am 23.05.08 19:40:12

Na ja , bei Cardero wohl noch nicht so ganz.....

Gruß,

eifel

[KGV900]

Tach...

aus charttechnischer Sicht besteht die Wahrscheinlichkeit einer kleinen Kurskorrektur. In CAN sind wir nämlich mit der 10CAD-Marke zum einen an einer psychologischen Marke und zum anderen an der obere Grenze des Trendkanals angekommen. Kommen kursrelevante News dann kann man das posting im Lokus versenken... Also wer nicht genug von Consolid bekommen kann, der weiss bescheid...

[SKGold]

Guten Morgen,

ich denke das Niveau sollte man nutzen um weiter aufzustocken.

Läuft alles nach Plan hier.

Gruß
SKGold

[KGV900]

BHP setzt wie Rio Tinto 85% höheren Eisenerzpreis durch - WSJ

NEW YORK (Dow Jones)--Der australische Bergbaukonzern BHP Billiton hat einem Zeitungsbericht zufolge wie sein Wettbewerber Rio Tinto 85% höhere Eisenerzpreise durchgesetzt. Das berichtet das "Wall Street Journal" (WSJ) unter Berufung auf mit der Angelegenheit vertraute Personen. Eine Sprecherin der in Melbourne ansässigen BHP wollte sich nicht zu den Informationen äußern und verwies auf die andauernden Verhandlungen.

Der britisch-australische Bergbaukonzern Rio Tinto plc hatte am Montag mitgeteilt, eine 85%-ige Preiserhöhung für Eisenerz beim chinesischen Stahlproduzenten Baosteel Group Corp durchgesetzt zu haben.

Die Vereinbarung markiert einen noch größeren Anstieg der Preise als die im Februar vom brasilianischen Rivalen Companhia Vale do Rio Doce (Vale) angekündigt. Damals wurden in Reaktion auf die weltweit und besonders in China gestiegene Nachfrage Steigerungen zwischen 65% und 71% vereinbart.

http://www.faz.net/d/invest/meldung.aspx?id=78800391

[SKGold]

Consolidated Thompson Iron Mines Limited

TSX: CLM
Quinto Mining Corporation

TSX VENTURE: QU


Jun 24, 2008 17:08 ETConsolidated Thompson Iron Mines and Quinto Mining Announce Quinto Shareholders Approve Proposed Arrangement
TORONTO, ONTARIO--(Marketwire - June 24, 2008) -

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES

Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson") and Quinto Mining Corporation (TSX VENTURE:QU) ("Quinto") are pleased to announce that Quinto shareholders and Quinto optionholders, voting as one class, have approved the proposed arrangement whereby Consolidated Thompson will acquire all of the outstanding common shares of Quinto (the "Transaction"). At the special meeting called to consider the Transaction, shareholders and optionholders holding approximately 63% of outstanding Quinto securities voted with more than 99% of the votes cast being voted FOR the Transaction.

Quinto shareholders will receive one Consolidated Thompson common share and a cash payment of $0.005 for every five Quinto common shares held. As a result of the Transaction, Consolidated Thompson will acquire neighbouring iron ore deposits, and significantly increase its mineral resources and exploration growth potential. This acquisition will further establish Consolidated Thompson as a significant player in the Labrador Trough iron ore camp, while positioning itself well to participate in further consolidation in the iron ore industry.

Subject to receipt of final court and exchange approval, the Transaction is expected to close on June 27, 2008.

About Consolidated Thompson

Consolidated Thompson Iron Mines Limited is a Canadian corporation that is devoted to exploring, developing and mining mineral deposits. The company has approximately 104.6 million shares outstanding, and trades on the Toronto Stock Exchange under the symbol "CLM". For more information, visit www.consolidatedthompson.com.

About Quinto

Quinto Mining Corporation is a junior mining exploration development company with two advanced projects in the Province of Quebec. The Peppler Lake Iron Ore project, which includes both the Peppler Lake and Lamelee deposits, is located in the Mont-Wright region of North Central, Quebec, approximately half way between the mining towns of Gagnon and Fermont. The Lac Gueret graphite project is located 300km North Northwest of Baie Comeau along the Southwest shore of Reservoir Manicouagan. Further information is available at www.quintomining.com

This communication does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Quinto or an offer to sell or exchange or the solicitation of an offer to buy or exchange any securities of Consolidated Thompson, nor shall there be any sale or exchange of securities in any jurisdiction (including the United States) in which such offer, solicitation or sale or exchange would be unlawful prior to the registration or qualification under the laws of such jurisdiction. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. The solicitation of offers to buy Consolidated Thompson shares in the United States will only be made pursuant to a prospectus and related offer materials that Consolidated Thompson expects to send to holders of Quinto securities, subject to the requirements of applicable law. The Consolidated Thompson shares may not be sold, nor may offers to buy be accepted, in the United States prior to the time the registration statement (if any is filed) becomes effective or an exemption from such requirements is available. No offering of securities shall be made in the United States except (i) by means of a prospectus meeting the requirements of Section 10 of the United States Securities Act of 1933, as amended, which would contain detailed information regarding Consolidated Thompson and its management, as well as its financial statements, or (ii) pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of Consolidated Thompson and Quinto and its projects, statements regarding exploration prospects, statements regarding synergies and financial impact of the proposed transaction, the terms and conditions of the transaction, the benefits of the proposed transaction, the identification of mineral reserves and resources, costs of and capital for exploration projects, exploration expenditures, timing of future exploration, requirements for additional capital, government regulation of mining operations, environmental risks, reclamation expenses, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the either company (and the company resulting from the successful completion of the proposed transaction) to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; the business of Consolidated Thompson and Quinto not being integrated successfully or such integration proving more difficult, time consuming or costly than expected; not realizing on the potential benefits of the proposed transaction; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities. Although the companies have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither Consolidated Thompson nor Quinto undertakes to update any forward-looking information, except in accordance with applicable securities laws.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information, please contact

Consolidated Thompson Iron Mines Limited
Richard Quesnel
[phone]
Email: [e-mail]
Website: www.consolidatedthompson.com

or

Quinto Mining Corporation
Frank Chaid
[phone]
Email: [e-mail]
Website: www.quintomining.com

[KGV900]

This acquisition will further establish Consolidated Thompson as a significant player in the Labrador Trough iron ore camp, while positioning itself well to participate in further consolidation in the iron ore industry


Klingt vielversprechend, meiner Meinung nach das ideale Investment im Eisenerzbereich.

- Resourcenausweitung
- hoher Eisenerzpreis (siehe neuste Abnahmeverträge)
- Produktionsbeginn ab 2009
- jährliche Produktion von 7Mio Tonnen >> Potenzial auf 16Mio...
- lange Minenlaufzeit >30 Jahre
- Chart sieht auch fantastisch aus
- sichere Region
und und...

was will man mehr? Ähm... eine sofortige Übernahme um 30CAD

[SKGold]

Consolidated Thompson Iron Mines Limited

TSX: CLM
Quinto Mining Corporation

TSX VENTURE: QU


Jun 27, 2008 17:08 ETConsolidated Thompson Iron Mines Completes Acquisition of Quinto Mining
TORONTO, ONTARIO--(Marketwire - June 27, 2008) -

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES

Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson") and Quinto Mining Corporation (TSX VENTURE:QU) ("Quinto") are pleased to announce that Quinto has obtained Final Court approval in respect of the arrangement with Consolidated Thompson, and the parties have now completed the arrangement initially announced on April 21, 2008.

As a result, Consolidated Thompson has acquired all of the common shares of Quinto (the "Acquisition"), and Quinto is now a wholly-owned subsidiary of Consolidated Thompson. In connection with the Acquisition, Quinto shareholders will receive one Consolidated Thompson common share and a cash payment of $0.005 for every five Quinto common shares held. As a result of the Acquisition, Consolidated Thompson has acquired neighbouring iron ore deposits, and significantly increased its mineral resources and exploration growth potential. This Acquisition further establishes Consolidated Thompson as a significant player in the Labrador Trough iron ore camp, while positioning itself well to participate in further consolidation in the iron ore industry.

As a result of the Acquisition, Quinto security holders hold approximately 13.8% of the issued and outstanding Consolidated Thompson common shares on a fully diluted basis. Quinto will be halting the trading of its shares on the TSX Venture Exchange at market close today. Consolidated Thompson's shares will continue to trade on the Toronto Stock Exchange and the common shares of Quinto will represent the right to acquire shares of Consolidated Thompson. Quinto security holders can expect to receive their Consolidated Thompson shares in due course. Quinto shareholders are advised to refer to their letters of transmittal (available on SEDAR) or contact their brokers for further details on obtaining their Consolidated Thompson shares and making their section 85 roll-over elections.

Highlights of the Acquisition

As a result of the Acquisition, the combined company has:

- An estimated measured and indicated mineral resource totaling 940 million tonnes grading 29.33% Total Fe of which the measured resource totals 488.5 million tonnes grading 29.91% Total Fe and the indicated resource totals 451.5 million tonnes grading 28.71% Total Fe (NI 43-101 review carried out by Watts, Griffis and McOuat Limited);

- Potential production growth through the integration of Peppler Lake and Lamelee deposits, both located within 60 km of the Bloom Lake deposit, which is currently being developed by Consolidated Thompson;

- Significant exploration potential at both Bloom Lake and the Lamelee and Peppler Lake deposits (exploration programs are in progress at the Bloom Lake, Peppler Lake and Lamelee projects);

- Approximately $350 million in cash and cash equivalents;

- Proven management and Board of Directors with experience in financing, developing and operating mines; and

- Significant strategic advantages in the largest iron ore camp in Canada, located in Quebec and Labrador, which includes major industry participants such as Rio Tinto plc and ArcelorMittal.

About Consolidated Thompson

Consolidated Thompson Iron Mines Limited is a Canadian corporation that is devoted to exploring, developing and mining mineral deposits. Following the Acquisition, Consolidated Thompson has approximately 118.9 million shares outstanding, and trades on the Toronto Stock Exchange under the symbol "CLM". For more information, visit www.consolidatedthompson.com.


http://www.marketwirecanada.com/mw/rel_ca.jsp?id=874050&k=cl…

[KGV900]

Ich sag nur...

...measered & indicated resource totaling 940 million tonnes...

[SKGold]

Jul 03, 2008 09:36 ETConsolidated Thompson Iron Mines Acquires Shares of Quinto Mining Corporation
TORONTO, ONTARIO--(Marketwire - July 3, 2008) -

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES

Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson") announces today that it has acquired ownership of all of the issued and outstanding shares of Quinto Mining Corporation (TSX VENTURE:QU) ("Quinto") from existing shareholders of Quinto in a private arrangement transaction. These holdings represent 100% of the issued and outstanding common shares of Quinto as of June 27, 2008. As a result of this acquisition, Consolidated Thompson presently holds, as of June 27, 2008, an aggregate of 71,458,949 common shares of Quinto (representing 100% of the issued and outstanding common shares of Quinto as of such date) and has reserved for issuance an additional 746,000 common shares of Consolidated Thompson to former holders of stock options of Quinto and 2,987,000 common shares of Consolidated Thompson for issuance to former holders of warrants of Quinto.

This transaction was effected for business and investment purposes.

About Consolidated Thompson

Consolidated Thompson Iron Mines Limited is a Canadian corporation that is devoted to exploring, developing and mining mineral deposits. The company has approximately 118.7 million shares outstanding, and trades on the Toronto Stock Exchange under the symbol "CLM". For more information, visit www.consolidatedthompson.com.

For Further Information or to obtain a copy of the applicable securities report filed in connection with the matters set forth above, please contact:

Consolidated Thompson Iron Mines Limited

Richard Quesnel

514-249-6320

[e-mail]

www.consolidatedthompson.com

[Melosar]

Antwort auf Beitrag Nr.: 34.435.751 von SKGold am 04.07.08 07:18:05

Heute sind in Can wieder vier größere Blöcke über ca 200000 Shares durchgelaufen. Weiß jemand ob hier eine einzige Adresse auf Einkaufstour ist? Der oder die Käufer scheinen die Gelegenheit beim Schopf zu packen.

[SKGold]

Antwort auf Beitrag Nr.: 34.464.803 von Melosar am 08.07.08 20:51:55

Leider nichts mitbekommen.
Aber für mich ist das aktuelle Kursniveau, klare Kaufkurse.

Meine Meinung.

[KGV900]

Um 6,60 CAD wird es interessant (untere Range des Aufwärtskanals) ...

eine überfällige Konso im Eisenerzsektor, über die komplette Bank schwache Kurse ( Fortescue, Ferraus, Rio ... )


http://www.ad-hoc-news.de/EmergingMarkets/18190299/Rohstoffe…

Das Projekt soll dazu beitragen, den steigenden Bedarf Chinas nach Eisenerz auch für die Zukunft zu sichern. So erreichten die Erz - Einfuhren im vergangenen Jahr 380 Millionen Tonnen. In 2006 lag das Volumen bei 326 Millionen Tonnen und vor drei Jahren bei 275 Millionen Tonnen. Laut Prognosen wird sich der Erz – Import bis 2012 auf 625 Millionen Tonnen erhöhen.


Kann da nur mit dem Kopf schütteln:

Kosten 750Mio. $ für das gesamt Porjekt (Highlight: 500km neue Schienen müssen gelegt werden ) Würd mich nur noch interessieren, was sie dieses Abenteuer kostet.


Die Chinesen kennen wohl CLM nicht...

[SKGold]

Antwort auf Beitrag Nr.: 34.469.837 von KGV900 am 09.07.08 13:41:56

Hallo KGV,

sollte der Markt nicht weiter verrückt spielen, dürfte das aktuelle Niveau schon der Boden sein.

Die Chinesen kennen wohl CLM nicht

Ich glaube schon, denn seit kurzem ist auf der Homepage eine weitere Sprache dazugekommen.
Rat mal welche.

http://www.consolidatedthompson.com/index.html

Diese Aktie bleibt für mich ein absolutes Langfristinvest, da man an den gesamten Entwicklungen teilhaben kann.

Gruß
SKGold

[Melosar]

Antwort auf Beitrag Nr.: 34.469.837 von KGV900 am 09.07.08 13:41:56

Hoffe, daß CLM noch mal einen kleinen Ausrutscher nach unten in Richtung des unteren Bereichs des Aufwärtskanals macht, damit ich noch günstiger nachlegen kann. Mein Limit wartet...

[SKGold]

Antwort auf Beitrag Nr.: 34.469.837 von KGV900 am 09.07.08 13:41:56

Um 6,60 CAD wird es interessant (untere Range des Aufwärtskanals) ...

Super Einschätzung, habe gerade nochmals welche bekommen.

[tommy-hl]

Antwort auf Beitrag Nr.: 34.370.722 von KGV900 am 25.06.08 12:14:22

Hallo @ all,

ich bin vor einiger Zeit bei CLM ausgestiegen, weil ich Bargeld brauchte ...

Jetzt schaue ich mir den Aktienkurs an, und bin erschrocken ...
Frage: Gibt es schlechte Neuigkeiten?

@ KGV900
Klingt vielversprechend, meiner Meinung nach das ideale Investment im Eisenerzbereich.
- Resourcenausweitung
- hoher Eisenerzpreis (siehe neuste Abnahmeverträge)
- Produktionsbeginn ab 2009
- jährliche Produktion von 7Mio Tonnen >> Potenzial auf 16Mio...
- lange Minenlaufzeit >30 Jahre
- Chart sieht auch fantastisch aus
- sichere Region

Woher hast Du diese Aussage? Eigene Gedanken oder handelt es sich um eine CLM-Aussage?

Anm: Ich bin im Moment am überlegen, ob ich wieder einsteige ...

Gruß
Tommy

[SKGold]

Antwort auf Beitrag Nr.: 34.540.305 von tommy-hl am 18.07.08 18:24:50

Mir ist nichts bekannt.
Denke auf Grund dessen, das der gesamte Markt etwas leidet, leidet natürlich auch Consol mit.

Aber auf diesem Niveau sollte eine Kurserholung einsetzen.



Schöne Grüße

[christian76]

Antwort auf Beitrag Nr.: 34.540.305 von tommy-hl am 18.07.08 18:24:50

Hallo!

Potential auf 16 Mio Tonnen: Steht in der Präsentation Vom Juni.
(Potential future expansion in production to 16 Mio. tonnes per year).

Gruss

[tommy-hl]

Antwort auf Beitrag Nr.: 34.541.370 von christian76 am 18.07.08 20:29:51

Hallo Christian und Sascha,

danke! Werde mir die Präsentation ansehen ...

L. G.

Tommy

[KNORPEL]

[SKGold]

Consolidated Thompson Iron Mines Limited

TSX: CLM


Aug 01, 2008 07:00 ETConsolidated Thompson Iron Mines Signs Rail Transportation Contract With Quebec North Shore and Labrador Railway Company
TORONTO, ONTARIO--(Marketwire - Aug. 1, 2008) - Consolidated Thompson Iron Mines Limited (TSX:CLM) (the "Company", or "Consolidated Thompson") is pleased to announce that it has entered into a transportation agreement with the Quebec North Shore and Labrador Railway Company, Inc. ("QNS&L") for the transportation of iron ore concentrate generated from the Bloom Lake iron ore project.

The agreement provides that iron ore concentrate from the Company's Bloom Lake property will be carried on the QNS&L railway from the Wabush Lake Junction in Labrador City, Newfoundland & Labrador to the Sept-Iles Junction in Sept-Iles, Quebec, a distance of approximately 400 kilometers.

Richard Quesnel, President and Chief Executive Officer of Consolidated Thompson said, "We are very pleased to have signed a confidential rail transport agreement with QNS&L, an outstanding and well-recognized rail transporter. This agreement will ensure long-term access to the world's largest consumers of iron ore for our future high quality product. The signing of this rail transport agreement also marks a significant milestone in the development of the Bloom Lake property."

About Consolidated Thompson

Consolidated Thompson Iron Mines Limited is a Canadian corporation that is devoted to exploring, developing and mining mineral deposits. The Company has approximately 119.0 million shares outstanding, and trades on the Toronto Stock Exchange under the symbol "CLM". For more information, visit www.consolidatedthompson.com.




For Further Information or to obtain a copy of the applicable securitiesreport filed in connection with the matters set forth above, pleasecontact:
Consolidated Thompson Iron Mines Limited Richard Quesnel514-249-6320 [e-mail]

[SKGold]

Consolidated Thompson Iron Mines Limited

TSX: CLM


Aug 01, 2008 14:02 ETConsolidated Thompson to Hold Conference Call on Rail Transportation Contract and Provide Update to Shareholders
TORONTO, ONTARIO--(Marketwire - Aug. 1, 2008) -

CALL DATE: WED, AUGUST 6TH, 2008 AT 10:00 AM EST

Consolidated Thompson Iron Mines Ltd. (TSX:CLM)("Consolidated Thompson", "CLM" or "the Company") is pleased to announce that it will hold a conference call on Wednesday August 6, 2008 at 10:00 AM, Eastern Standard Time (EST) to update investors on its recent rail transportation contract with Quebec North Shore & Labrador Railway Company.

Chairing the call will be Bruce Humphrey, Chairman, and Richard Quesnel, President & Chief Executive Officer. Also participating in the call will be Brad Boland, Chief Financial Officer, and Stan Bharti, Director.




Conference Call Details:-------------------------------------------------Date: Wednesday, August 6th-------------------------------------------------Time: 10:00 AM EST-------------------------------------------------Local Callers: 416-695-9753-------------------------------------------------North American Callers: 1-866-542-4270-------------------------------------------------International Callers: [phone]-------------------------------------------------

[Dotz64]

Guten Morgen Leute,bin gestern mit kleiner Posi rein,riesenfehler gemacht.Ich dachte wenn USA nach oben geht,geht auch TSX und Thompson mit.Ist gestern bei Thompson das Eisenerz verschwunden oder wurde die Bahnstrecke gesprengt???Am Eisenerz kanns nicht liegen,Fortescue hat die Nacht in Australien zugelegt.Weiß einer warum Thompson so abgestraft wird??Sind wohl sehr große Blöcke verkauft worden in Canada.Viele Grüße vom Dotz64

[christian76]

Antwort auf Beitrag Nr.: 34.656.768 von Dotz64 am 06.08.08 08:17:20

Beib Ruhig!
war eine gute Entscheidung, meiner meinung. Sind glaub ich die Quinto Aktionäre die Kasse machen. Zu dem Preis, liegen lassen und
in zwei Jahren freuen.

Gruss Christian

[Dotz64]

Antwort auf Beitrag Nr.: 34.664.143 von christian76 am 06.08.08 21:00:39

Da hast Du recht,haben wohl einige Kasse gemacht.Schaun wir mal 2011 was der Kurs so sagt.Viele Grüße

[SKGold]

Mal sehen wann hier endlich halt ist, der gesamte Markt ist am Abkotzen.
Ich habe heute nochmal nachgekauft, halte diese Kurse für übertrieben.

[SKGold]

Antwort auf Beitrag Nr.: 34.712.059 von SKGold am 12.08.08 19:54:26

Habe heute einen weiteren größeren nachkauf getätigt.
Ich hoffe das nun die 5 CAD hält und wir haben gleichzeitig auf das Januartief aufgeschlagen.
Die Firma ist überverkauft.

[KNORPEL]

[RayNar]

Antwort auf Beitrag Nr.: 34.719.302 von SKGold am 13.08.08 16:28:45

Ich bin gestern eingestiegen, es schaut momentan (hoffentlich) so aus, als ob das besagte Tief halten würde. Gab zwar nochmal einen großen Verkauf, aber immerhin sind auf dem Level wohl genügend Käufer da.

[RayNar]

BHP schliesst alle australischen Eisenerzminen


Stuttgart (www.rohstoffe-go.de) Aufgrund eines zweiten tödlichen Unfalls in einer der australischen Eisenerzminen von BHP Billiton innerhalb von zehn Tagen hat die Unternehmensleitung beschlossen, bis auf weiteres alle australischen Eisenerzminen zu schliessen. Die Minen haben 2007 91 Millionen Tonnen Eisenerz produziert, was ein Drittel der australischen Eisenerzproduktion und zehn Prozent des globalen Handels entspricht.

Ein Sprecher von BHP teilte mit, dass es zum jetzigen Zeitpunkt nicht absehbar sei, wann die Minen wieder produzieren werden. Es werde eine umfassende Untersuchung geben.

[SKGold]

Antwort auf Beitrag Nr.: 34.733.182 von RayNar am 15.08.08 09:24:35

Na dann herzlich willkommen an Bord!

Heute mal wieder unter das alte Tief gerutscht aber mal sehen ob die 5 hält.

Gruß

[RayNar]

Das mit dem Tief hoffe ich auch. Hab mich schon wie ein Schnitzel gefreut, dass ich nahezu perfekt das Tief getroffen habe.

Die 5 wurden heute Nachmittag klar durchschossen, umso mehr bin ich von dem späten Rebound überrascht.

[RayNar]

Quelle: http://www.ft.com/cms/s/0/7e5152dc-7b3d-11dd-b839-000077b076…

Vale of Brazil, the world’s largest iron ore miner, has asked Chinese steelmakers to pay up to 20 per cent more for ore supplies in an unprecedented move in the middle of an annual contract.

The request comes well before April 2009, when new prices would normally apply, and in spite of a slowdown in economic growth.

Iron ore prices surged this year by the largest annual amount ever.

[..]

Judy Zhu, an analyst with Standard Chartered in Shanghai, said China’s steel production growth slowed to single digits in July, compared to a 14 per cent rise in the same period of 2007.

---------------------

Allen Rezessionsgerüchten zum Trotz: höhere Preise und immer noch Wachstum!

[SKGold]

Schöner Wochenschluss

[RayNar]

Ja, ist wie Balsam auf unsere geschundene Rohstoff-Seele

Hab meinen Augen garnicht getraut, meine Rohstoffwerte sind heute fast alle zweistellig gestiegen. Hoffentlich ist es nicht nur ein ähnliches kurzes Aufspringen wie bei der FF-Verstaatlichung vor einer Woche.

[SKGold]

Irgendwann ist jede gute Aktie mal dran mit einem Rebound.

[buw]

Hallo!

Bin nach einer Empfehlung bei CLM gelandet (Danke nochmals, liest wahrscheinlich mit) und noch nicht ganz mit meiner DD fertig.
Werde aber wohl kaufen müssen.

Die Frage, warum so billig, wird man sich in Kürze wohl sowoeso schenken können. Bin bis jetzt eher der "Gold/Silber-Scnösel" und bei Eisen noch nicht so ganz fit. Werd mich heute auch noch durch den Thjread arbeiten, also entschuldige ich mich schon mal, wenn meine Frage dadurch beantwortet wird.

Zur Preisfindung von Eisen:

Soweit ich informiert bin, existiert für Eisen kein Spotmarkt (ein großer Vorteil). Preise enstehen durch Verhandlung zwischen Produzent und Abnehmer.
Die FS geht von 40 Dollar aus, die erzielt werden. (ca. 20 netto)

Ich hab gelesen, BHP will Anfang nächsten Jahres 140-180 Dollar fordern.

Nehmen wir mal an, wir bekommen 100 (hab keine Preisvereinbahrung gefunden). Bei 110 Millionen Aktien zu 5 Dollar und 7,0 Mill. Produktion in 2010 sind das 700 Millionen Gewinn, bei der MK!!!

Da kann ich meine Goldwerte (bis auf einen, auch vom Stadium her verleichbaren) allesamt in die Tonne kloppen, wenn das auch nur ansatzweise stimmt ... und die werden ganz schön steigen,da bin ich mir sicher (spätestens seit diesem WE)

Würde mich über Antworten freuen, auch und gerade über solche, die mich über Denkfehler belehren und schlauer machen!

Da schämt man sich ja fast, dass man zu diesen Kursen kaufen kann, aber das gilt ja fast allgemein in unserem Sektor ...

Viele Grüße,

buw

[buw]

Antwort auf Beitrag Nr.: 35.224.231 von buw am 22.09.08 21:59:59

Sollte Futures-Markt heißen und nicht Spot-Markt, und beim Gewinn hab ich mich auch verrechnet (plus wahrscheinliche Prod.kosten-Steigerungen) ...

Außerdem wird mir bei meinen Tippfehlern schlecht ... sollte doch Korrekturlesen, bevor ich poste ...

Nix für ungut,

buw

[buw]

Antwort auf Beitrag Nr.: 35.224.393 von buw am 22.09.08 22:09:25

... und statt Gewinn nehm ich dann noch "free cash flow", bevor es richtig peinlich wird ...

[SKGold]

Antwort auf Beitrag Nr.: 35.224.231 von buw am 22.09.08 21:59:59

Dann schau mal hier:
http://www.tenbagger.info/html/consolidated.html

Dies ist eine Analayse von tommy.
Ich denke, nach dem Lesen dürften einige Unklarheiten aus der Welt sein.

Gruß
SKGold

[buw]

Antwort auf Beitrag Nr.: 35.228.898 von SKGold am 23.09.08 08:30:08

Vielen Dank skgold und tommy!

Werd mich heut abend weiter mit clm beschäftigen, das bestätigt meinen Eindruck, der sehr positiv ist.

Bin Im Rechnen nicht der King (hat man wahrscheinlich schon gemerkt ...), orientier mich gerne an Leuten, die das machen (nur als Anhaltspunkt, schon klar).

Allerdings bin ich auch der Ansicht, dass das, was wir hier im Sektor derzeit sehen, erst der Auftakt zu was ist (positiv für Rohstoffe, für das, was wir zum Leben künftig werden zahlen müssen, na ja, das wisst ihr selber ...).

Ist für mich persönlich aber ganz gut, nicht ganz so EM-lastig zu sein ...

Wie gesagt, nach dem, was ich weiß, werd ich wohl oder übel kaufen müssen! Obwohl ... Ich glaub, ich machs sogar gerne.

Grüße und noch einen schönen Tag,

buw

[SKGold]

Antwort auf Beitrag Nr.: 35.222.227 von SKGold am 22.09.08 20:01:23

Schade das es so knallt im Moment.
Habe nochmal was gekauft Heute.

Bewertung dürfte mittlerweile Cash-Niveau haben.
Ohne Hirn und ohne Verstand, aber so ist das halt in sch... Börsenzeiten.

[Popeye82]

[tommy-hl]

CLM mit FS für die Produktionserweiterung:
- Produktionskosten pro Tonne $ 24,76
- Umsatzerlös pro Tonne $ 71,98 (bei einem niedrigen Preis von $ 1,069 statt aktuell $ 1,40 dmtu)
- IRR 58,9% vor Steuer
Das hört sich gut an ...


Sep 29, 2008
Consolidated Thompson Completes Feasibility Study on Expanded Scenario to 8.0 Million Tonnes of Iron Ore Concentrate Per Year on Bloom Lake Project

Consolidated Thompson Iron Mines Limited is pleased to announce that it has received the Feasibility Study on the expansion of the Bloom Lake Iron Ore project to a rate of production of 8.0 million tonnes of concentrate per year ("MTPY") commencing in September 2009. The Study was completed by Breton Banville & Associates ("BBA"), an international engineering firm based in Montreal with expertise in mining and mineral processing. The principal authors of the report are Mr. Andre Allaire, Eng., M.Eng., Ph.D. and Mr. Patrice Live, Eng. They are both qualified persons as defined in National Instrument 43-101 and are independent of the Company. A technical report relating to the Study will be filed shortly and accessible under the profile of the Company on SEDAR.

The development of Bloom Lake is advancing as scheduled with the commencement of production targeted for the end of September 2009. A construction camp has been completed and work is ongoing on mine development, mill construction and at the tailing storage facility. Haul road preparation, mining of waste while providing aggregate for construction, excavation for the primary crusher and pouring of concrete foundations for mill buildings are near completion while erection of structural steel for the concentrator has commenced. CLM expects to start construction of the 31 km rail spur that will link Bloom Lake to the rail at Wabush shortly after receiving permits from the government of Newfoundland targeted for October 2008.

Summary of Study's Key Findings:

- Bloom Lake projected to produce 8.0 million tonnes of 66.5% concentrate per year beginning in September 2009.
- 8.0 MTPY represents a 14% increase over the previous 7.0 MTPY plan.
- Capital Cost (including working capital): Cdn$486.4 million.
- Pre-tax IRR: 58.9% using US$1.069 per iron unit equivalent to revenue price of US$71.09/tonne of concentrate.
- Total life of mine operating cost: US$24.76/tonne concentrate.
- NPV (at 10% Discount rate) of US$2.348 billion (pre-tax).
- Total life of mine undiscounted pre-tax Cash Flow of US$6.813 billion.
- Forecasted yearly pre-tax Cash Flow exceeding US$360 million.
- Payback of 2.6 years.

To view a table of the Bloom Lake Development Scenarios, please visit the following link:

http://media3.marketwire.com/docs/bloom1.pdf

Brian Tobin, the Vice Chairman of the Board, stated, "By expanding to 8.0 MTPY and continuing to improve the project economics, Bloom Lake is well positioned to become the next major independent supplier of iron ore while demand continues to exceed supply and prices continue to rise."

Richard Quesnel, President & CEO, stated, "The results of the Study indicate stronger Net Present Values and improved project economics while still meeting the timelines we have set for the original project. By expanding to 8.0 MTPY, continuing to apply the latest technology married with high iron and weight recoveries and developing a more efficient mine plan, Consolidated Thompson has the potential to become a highly productive and low cost independent supplier of high quality iron concentrate in 2009."

HIGHLIGHTS

The Study on the expansion is based on an output scenario of 8.0 million tonnes of iron concentrate per year. The level of accuracy of the Study is considered to be +/- 15%.
The economics were based on a 20-year mine life.

The Study was based upon the following major assumptions and parameters:

Revenues:

A commodity price of US$1.069/iron unit equivalent to revenue prices of US$71.09/tonne of concentrate produced (US$1.069/iron unit x 66.5 units/tonne of concentrate containing 66.5% Total iron). The pricing used represents a moving average selling price of iron ore concentrate (FOB Sept-Iles) over the last three years (2006-2008). Current prices are quoted at US$1.34/dry metric tonne-iron unit equivalent to revenue prices of US$89.11/tonne of concentrate sold. CLM has signed an off-take agreement with Worldlink Resources Limited, a China-based integrated trading company, for 7.0 MTPY for the next 7 years.

Operating Costs:

- Average mining cost: US$1.56/tonne mined.
- Average crushing and processing cost: US$4.26/tonne concentrate.
- Rail transport and Port Handling: US$11.88/tonne concentrate.
- General and Administration: US$1.60/tonne concentrate.
Total Life of Mine Operating Cost of US$24.76/tonne concentrate

Capital Expenditures:

- Crusher/Concentrator costs: Cdn$203 million
- Indirect costs (Camp, lodging, transport, environmental, value engineering, etc.): Cdn$87 million
- EPCM and Working Capital costs: Cdn$60 million
- Facilities/Stockpile & Reclaim costs: Cdn$55 million
- General/Contingency costs: Cdn$55 million
- Mine/Tailings/Environment: Cdn$27 million
- Total capital expenditures for Bloom Lake amount to Cdn$486 million.

It is expected that the mobile mining equipment and rolling stock will be lease financed and the 31 km rail spur and port facilities will be financed, built and operated by a third party. The Study includes the cost to finance and operate these assets and facilities in the operating costs. Discussions are currently on-going with respect to all of these requirements; however, some portion of Capital may be provided by CLM for Infrastructure Investment at the Rail and Port with third party operator.

[joam]

Antwort auf Beitrag Nr.: 35.228.898 von SKGold am 23.09.08 08:30:08

Die Analayse ist klasse und liest sich prima. Auch weil nicht nur positives, sondern auch Risiken genannt werden.
Dazu noch die Meldung vom 29.09. das eine Erweiterung auf 8 Mio. Tonnen pro Jahr ab 09-2009 möglich ist, müsste unter normalen Börsenumständen eigentlich für positive Entwicklung des Kurses führen. So müssen wir eben warten, bis sich die Leute wieder mit Fakten und Chancen eines Unternehmens beschäftigen.
Bin mittelfristig sehr optimistisch und bleibe auf jeden Fall dabei.
Grüße

[Reiners]

Der Abschlag die letzten 5 Tage war schon enorm.

Auf diesem Niveau von unter 2,50 CAD könnte sich jetzt ein hervorragender Zeitpunkt zum Einstieg bieten.

Als Langfristanlage, wie auch als Tradingposition.

Ich bin gestern (etwas zu früh) zu 2,70 CAD eingestiegen.

[KGV900]

Wow... 2,5CAD

Wollte schon um 3CAD rein, aber eine höhere Macht hat mich davon abgehalten.

Fundamental ganz klare Kaufkurse, leider interessierts keinen. Könnten uns mitten im Finalen-Crash befinden, beunruhigend ist die hohe Volumina in CAN und die vermeintlich günstigen Kurse könnten noch günstiger werden...

[Reiners]

Antwort auf Beitrag Nr.: 35.395.406 von KGV900 am 03.10.08 13:11:21

"vermeintlich günstigen Kurse könnten noch günstiger werden..."

Richtig, aber es kann auch ganz schnell mal zu einer heftigen Gegenbewegung kommen.

Wir werdens sehen.

[SKGold]

Antwort auf Beitrag Nr.: 35.395.686 von Reiners am 03.10.08 13:26:21

sehe ich genauso.
Ich habe selber gestern nochmal zugeschlagen, weil ich an das Unternehmen langfristig glaube.
Klar ist dieser ganze Kursverlauf zum K... aber wenn es jetzt nochmal weiter runter geht, dann starte ich nochmals einen Kauf.
Der Abschlag der letzten Tage war sehr heftig, es ist korrekt, dass das Volumen auch nicht gerade wenig war.
Aber schaut man sich generell die Rohstoffwerte an, so wird man festellen, dass das Volumen überall hoch war.

Ich bleibe Optimist, denn langfristig bieten sich hier große Chancen!

Gruß
SKGold

[Reiners]

Es wird meistens aus dem Ask gekauft, sieht man an den blauen Balken. (Rote Balken wären Verkäufe ins Bid)

[Reiners]

2,25 CAD - kaum zu glauben, mittlerweile deutlich unter Cash.

[KGV900]

Antwort auf Beitrag Nr.: 35.400.874 von Reiners am 03.10.08 18:29:58

2,25 CAD - kaum zu glauben, mittlerweile deutlich unter Cash.

Cashbestand beträgt weniger als 200 Mio CAD, die aktuelle MK aber ca. 270 Mio CAD

also deutlich unter Cash nenne ich was anderes...


MfG

P.S. Fakt ist nun mal das jetzt realisiert wird, das es einen dicke Weltwirtschaftskrise geben wird, als Eisenerzexplorer/ *hust bald Produzent* wird man nun doppelt bestraft. Man muss diese Kurse als Chance sehen, von daher keep cool...

[Reiners]

ASSETS 30.06.2008

Current

Cash and cash equivalents $ 328,965
Short-term investments 5,000 -
Restricted cash 16,417
Amounts receivable 2,796
Prepaid expenses and advances 1,313

Summe 354,491

-------------------

Wie kommst Du auf unter 200.000 Cash ?

[Reiners]

Consolidated Thompson Iron Mines: Kaufen!
14.07.2008

Aufgrund der anvisierten Verarbeitung von 8 Mio. t Eisenerzkonzentrat pro Jahr und der länger als ursprünglich erwartet hohen Eisenerzpreise, haben die Experten von Canaccord das Kursziel von Consolidated Thompson angehoben.

Das Bloom Lake Eisenerzprojekt soll ab Mitte 2009 in Produktion gehen.

Das Kursziel wird von 12,50 CAD auf 13,50 CAD angehoben. Die Kaufempfehlung behält Canaccord weiterhin bei.

[Reiners]

Antwort auf Beitrag Nr.: 35.411.240 von Reiners am 04.10.08 17:52:22

Natürlich alle Zahlen in Tausend Kan Dollar

[Deliberately]

Nach meiner Meinung sollte sich das Management jetzt
ernsthaft überlegen, die Projekte für 5 Jahre einzumotten.
Die Weltwirtschaft steht vor einer heftigen Rezession.
Es ist gut möglich, dass die Rohstoffpreise fast die gesamte
Aufwärtsbewegung der letzten 5 Jahre innerhalb eines Jahres
wieder rückwärts gehen, oder zumindest bis zu den derzeitigen
Produktionskosten. Und wenn man noch nicht produziert, sollte
man dann wirkich Geld ausgeben, die Produktion in Gang zu setzen?
In Kürze wird man vieles viel billiger kaufen können, und das zur
Zeit sehr teure Personal wird bald viel billiger sein.

Die Frage ist nur, ob das Management die gleichen Interessen
hat wie die Aktionäre. Schließlich wollen die ihr Gehalt haben.

Deliberately

[SKGold]

Antwort auf Beitrag Nr.: 35.421.802 von Deliberately am 05.10.08 14:45:29

Und wenn man noch nicht produziert, sollte
man dann wirkich Geld ausgeben, die Produktion in Gang zu setzen?
Also ich denke es gibt keinen größeren Schwachsinn wie diesen.

Das Projekt im aktuelle Status zu stoppen, wäre völliger Blödsinn, denn man wird an der Entwicklung festhalten und die Produktion sogar ausweiten können.
Was am Ende in der Tasche belibt werden wir sehen.

So und nun ein paar Worte von mir bzw. ist dies meine Meinung:

So schwarz malen würde ich jetzt mal nicht.
Klar schreiben wir zur Zeit Geschichte, klar sind die Ausmaße noch nicht absehbar aber über eins sollte man sich auch mal in Klaren sein.
Die Wirtschaft fährt nicht von Heute auf Morgen gegen den Baum, das ist ein langfristiger Prozess der durch die Krise eventl. beschleunigt wird.
Aktienkurse werden immer wieder fallen und steigen, so wie es der normale Zyklus in der Wirtschaft auch tut.
Und zur Zeit fallen wir und es weiß keiner wie weit und wie lange.
Ich würde sogar sagen wir sind in einer Übertreibung, aber das ist typisch für solche Phasen an der Börse.

Es findet eine natürliche Auslese statt. (gute Unternehmen werden überleben, schlechte gehen Pleite oder werden übernommen)

Die Eisenerzpreise werden nicht von Heute auf Morgen in den Keller gehen, auch sowas ist mittelfristig zu betrachten.

Lass die Firma sich weiter so entwickeln und Du wirst langfristig davon profitieren, das ist meine persönliche Meinung.

Diese Aktie ist die einigste in meinem Depot und ich werde bei solchen Kursen weiter aufstocken, da ich das ganze über viele Jahre sehe.
Hier bekommt man die Chance von Anfang an dabei zu sein.
Und nächstes Jahr um die Zeit, werden wir wahrscheinlich in der Lage sein 9-10 Mio t zu produzieren.

Diese Firma ist doch keine Pommesbude, sondern ein Unternehmen welches seine Ziele, die es sich gesetzt hat, auch umsetzen wird.
Und das bedeudet
- In Produktion gehen
- Cash generieren
- Produktion erweitern
u.s.w.
.
.
.

Gruß
SKGold

[Reiners]

Consolidated Thompson Provides Update on the Bloom Lake Iron Ore Project and Announces a Conference Call-Monday, October 6 at 11 A.M. EST
Sunday October 5, 7:55 pm ET


TORONTO, ONTARIO--(Marketwire - Oct. 5, 2008) - Consolidated Thompson Iron Mines Limited (TSX:CLM - News; "CLM", or the "Company") provides the following update on its Bloom Lake iron ore project:


- Mine site development is progressing according to budget and is on schedule to meet the end of September 2009 production target.

- With a current cash position of approximately C$260 million and based on the current construction schedule, the Company has sufficient funds through April 2009. Additional financing requirements are expected to be approximately C$100 million. Debt financing discussions are at an advanced stage with indicative terms sheets expected by mid-October. The Company has engaged Auramet Trading LLC to help manage this process.

- Final permitting on the 31 km rail spur is expected this month and advanced discussion are being held concerning the financing, construction and operation of the line.

- The Company recently announced updated capital, operating and production estimates for the Bloom Lake project, with some of the highlights including:

-- increased production from 7 to 8 MTPY, an increase of 14% which at current iron ore prices will provide additional revenue of approximately US$80 million annually;

-- revised mine and mill capital expenditures of C$486 million; and

-- expected cash operating costs of US$24.18/tonne concentrate over the mine's first 5 years.

Richard Quesnel, President & CEO, stated, "We are now within one year of the targeted production date and substantial progress on the site has been made. With the robustness of the project's economics and approximately C$260 million in cash remaining, we feel the Company has both the time and ability to secure the remaining financing requirements, despite the recent market turmoil."

Bloom Lake Development

The development of Bloom Lake is advancing as scheduled with the commencement of production targeted for the end of September 2009. A construction camp has been completed and work is continuing on mine development, mill construction and at the tailing storage facility. Haul road preparation, mining of waste (which is providing aggregate for construction), excavation for the primary crusher and pouring of concrete foundations for mill buildings are near completion, while erection of structural steel for the concentrator has commenced. Pictures documenting the progress at the future mine site can be found at the Company's website at www.consolidatedthompson.com.

Project Debt Facility

The Company has engaged Auramet Trading LLC ("Auramet") to help secure the remaining project financing requirements. On this front, the Company has signed confidentiality agreements and provided detailed information on the Bloom Lake project to over a dozen banks and financial institutions that have expressed an interest in being part of a project debt facility. CLM has requested that interested groups provide indicative term sheets by mid-October. Terms sheets would be subject to confirmatory due diligence with a closing date expected by the end of 2008, or early 2009. The Company currently has no debt.

Auramet is a New Jersey based trading and advisory services firm with a focus on the metals and mining industries. Auramet has a strong track record in helping resource industry companies arrange project finance loan with financial institutions. Mark Edelstein, CFO of Auramet stated, "Our firm has been working with CLM over the last few months to arrange a project financing facility and we believe the development of the Bloom Lake iron ore deposit is an extremely robust and attractive project from a project financing perspective."

Consolidated Thompson Iron Mines Limited is an exploration and development company. The Company believes that the updated positive Feasibility Study, based on the current understanding of the quality and size of the Bloom Lake deposit, reflects the potential to expand and advance the project and exploit other opportunities in the iron ore industry. The Company has approximately 119.0 million shares outstanding and trades on the TSX under the symbol CLM. Further information can be accessed at the Company's website at www.consolidatedthompson.com

Richard Quesnel, P. Eng., a qualified person under National Instrument 43-101, reviewed the scientific and technical information found in this press release relating to Consolidated Thompson and its properties.

Conference Call

A conference call will be held on Monday, October 6, 2008 at 11 a.m. (EST) with a question and answer session to follow. Please use the following information to access the call:

[Reiners]

Wirtschaftsnews - von heute 11:53

Chinesische Stahlproduzenten wollen Stahloutput um 20 % kürzen

Stuttgart (www.rohstoffe-go.de) Vier grosse chinesische Stahlproduzenten führen derzeit Gespräche, um in einer konzertierten Aktion ihre Stahlproduktion um 20 % zu senken. Dies würde einer Reduktion um 20 Millionen Tonnen in Höhe von 20 Millionen Tonnen. Ziel ist, sich gegen die wiederholten Eisenerzpreissteigerungen der drei grössten Marktakteure auf dem Eisenerzmarkt, Vale, Rio Tinto und BHP Billiton zu stemmen: diese haben im laufenden Jahr den Eisenerzpreis für die asiatische Abnehmer um knapp 100 % erhöht und bereits für 2009 weitere Eisenerzpreissteigerungen in einer Bandbreite von 15-35 % angekündigt.

Des weiteren erhoffen sich die chinesischen Stahlproduzenten eine Stützung des Stahlpreises. Exemplarisch kann diesbezüglich die Entwicklung der Stahlfutures an der London Metal Exchange angeführt werden, deren Preise sich nahezu halbierten. Zu Berücksichtigen ist jedoch, dass die Spot- und Terminpreise gegenwärtig noch relative wenig aussagekräftigt sind, da in der Regel Eisenerzproduzenten und Stahlproduzenten über Verhandlungen die Preisfindung generieren.

Die angesprochenen vier chinesischen Stahlproduzenten sind alles Staatsunternehmen. Es handelt sich um Shougang Steel, Angang Steel Shandong Iron and Steel und Hebei Iron and Steel. Sie produzieren insgesamt 100 Millionen Stahl im Jahr.

[SKGold]

Das heutige Niveau habe ich für einen größeren Nachkauf genutzt.
Das ist alles schon Übertreibung.

Schönen Abend noch.

[RayNar]

Asiatische Stahlproduzenten beteiligen sich für 4 Milliarden Dollar an brasilianischen Eisenproduzent:

http://business.timesonline.co.uk/tol/business/industry_sect…


Und CLM sagt, dass die liquiden Mittel bis April 2009 reichen und dass mehrere Kreditangebote für die fehlenden 100 Mio eingeholt wurden:

http://www.marketwatch.com/news/story/consolidated-thompson-…

[Picker56 [KommA]]

Langsam könnten aber wieder ein paar Neuigkeiten kommen - zumindest hier.

Picker56

[Raumfahrer]

servus,

es fehlen noch 100 Millionen, woher sollen wir die nehmen?

gruß
Raumfahrer

[buw]

Antwort auf Beitrag Nr.: 36.445.241 von Raumfahrer am 25.01.09 17:16:51

Hallo Raumfahrer!

Müsste hoffentlich bald eine Meldung kommen,dass die benötigte Kreditlinie für Mine und Bahn steht. Hab auch was von einer eventuellen Staatsgarantie gelesen, ist aber Spekulation.

Volumen und Preisentwicklung zeigt das meiner Meinung nach auch an, aber man kann ja nie wissen ... ansonsten wirds wohl eher trist ...

Grüße,

buw

[Raumfahrer]

Hey buw,

dank für die Infos.

Könntest du mir ein schnelles update über die Eisenerzpreise geben?

Gerne auch per BM

Gruß
Raumfahrer

[RayNar]

Fortescue, Mt. Gibson Surge After Shipping Rates Gain (Update2)


By Jason Scott and Shani Raja


Feb. 5 (Bloomberg) -- Fortescue Metals Group Ltd., the third-biggest Australian iron ore producer, and Mt. Gibson Iron Ltd. rose in Sydney trading after rates to ship commodities had their biggest gain since at least 1985 on increased Chinese demand.

Perth-based Fortescue gained 9.5 percent to close at a four- week high of A$2.20. Mt Gibson rose 15 percent. Rio Tinto Group and BHP Billiton Ltd., the world’s second and third-largest exporters of the ore, also gained.

The Baltic Dry Index, a measure of shipping costs for commodities, rose 15 percent in London yesterday as the number of idled capesizes fell to almost zero, indicating strengthening iron ore demand. BHP said yesterday Chinese steelmakers are returning to the market after inventories were used up.

“Demand for commodities is finally showing signs of life,” said Nader Naeimi, an investment strategist at AMP Capital Investors in Sydney, which manages about $85 billion. “Gains in the Baltic index indicate a pickup. With supply also being drastically cut, a pickup in demand is positive for prices.”

To contact the reporters on this story: Jason Scott in Perth at [e-mail]; Shani Raja in Sydney at [e-mail].
Last Updated: February 5, 2009 02:01 EST

[Raumfahrer]

Respect!

[SKGold]

Ich wollte mich hier auch mal wieder zu Wort melden.
Bin seit dieser Woche wieder mit an Bord und über Can eingestiegen, denn hier wird ja nur blöd getaxt.

Auf eine erfolgreiche Zeit und viel Freude mit dieser Aktie (im positiven Sinne).

[Raumfahrer]

Gibts denn schon was neues in Sachen finanzierung?

Gruß
Raumfahrer

[buw]

Antwort auf Beitrag Nr.: 36.693.637 von Raumfahrer am 03.03.09 22:02:22

Nep,nicht, dass ich wüsste.

Interessant ist aber, dass wir in der Range von 1,5 bis 1,9 Dollar echt viele Aktien umsetzen. Wir driften mit "niedrigen" Umsätzen wieder niedriger, um dann (so wie heute) mit über 2,5 Millionen wieder hochzuziehen. Gestern größeres Down-Volumen, ev. wegen Dow-Shock?

Denke, wir werden bald was hören. Denk ich andererseits aber schon länger.
Ev. warten sie noch die Verhandlungen von Vale und Konsorten ab (Kontraktpreise, so weit ich weiß im März; vielleicht wissen andere, bessere Iron-men als ich, da mehr).

Prognose: Morgen 250.000 Umsatz und 4,33% niedriger.
Kann man ein nettes Spiel draus machen. Lass mich auch gerne überraschen (lieber nach oben, eh klar)

Langfristig will ich, nach zwischenzeitlichem Nachkauf, meinen (ursprünglichen) Einstand mindestens wiedersehen bis nächstes Jahr. Ist, denk ich, machbar.

Wird schon werden.

Grüße,
buw

[buw]

Hallo Raumfahrer!

Du solltest dir überlegen, vielleicht öfter mal Fragen zu stellen.

Ich schreib daraufhin irgendwas, und am Tag drauf steigen wir dann 30% plus ... nix für ungut und ein infantiler Gedanke, ich weiß, aber wär schön, wenn man daraus doch ein Schema entwickeln könnte.

Geht schon wieder runter, war dennoch ein schöner Tag gestern ...

[Raumfahrer]

Hey buw,

freut mich ja für dich, bin aber leider noch nicht fertig mit meiner Position, brauch noch ein bischen Zeit...

Dennoch, (hier kommt die Frage werden wir hier alle glücklich mit dieser Aktie?

Vielleicht kann ich ja meine Posi noch fertig bauen, wenn der Gesamtmarkt jetzt weiter abschmiert....

Gruß
Raumfahrer

[Raumfahrer]

Ps: Das Smily hat sich durch einen Doppelpunkt und Klammerzu eingeschlichen, bin kein Smily-Poster...

[buw]

Antwort auf Beitrag Nr.: 36.709.244 von Raumfahrer am 05.03.09 20:03:22

Ob wir damit glücklich werden?

Gute Frage.

Glaub zumindest, die Chancen stehen nicht schlecht. Natürlich sollte man so einen Tag wie Dienstag nicht überbewerten. Finanzierung platzt, Gegenrichtung.

Dennoch: Wir haben jetzt eigentlich eine gute Basis, auch vom Umsatz her, über den 1,5 Dollar.

Bei Vollzug schiebt die sich über 2.

Ab Herbst Cash Flow. Wird Eisen billiger, fallen andere Minen aus. Ein wenig Eisen wird immer gebraucht. Wenn sich Konjuktur irgendwann erholt (in 5? Jahren), Minenausbau plus ehemalige Quinto-Projekte.

Ich bin hier langfristig (auch wenn buy&hold derzeit tödlich ist)

Das schaut gut aus; sollten wir doch nochmal eine Rallye kriegen, laufen wir wahrscheinlich auch mit.
Auch als Gegengewicht zu Gold/Silber gefällt mir CLM gut, meinen Hauptgewichtungen.

Risiken natürlich nicht unerheblich, aber eher kleiner als anderswo. Chancen gut. Natürlich alles nur meine Ansicht.

Grüße,
buw

PS: Denke, du machst das schon richtig. Einsammeln bei Rücksetzern.

[RayNar]

Erhöhung der Ressourcen bei CLM
http://www.marketwire.com/press-release/Consolidated-Thompso…

Fehlt "nur" noch der Kredit, haben bis Ende April Zeit so weit ich mich erinnern kann

[Raumfahrer]

Hey,

wiso haben wir nur bis Ende April Zeit? Woran liegt das?

Gruß
Raumfahrer

[buw]

Antwort auf Beitrag Nr.: 36.814.481 von Raumfahrer am 20.03.09 18:15:35

Achtung!! Du hast eine Frage gestellt, und ich schreib jetzt irgendwas:

Frühere Aussage des Managements: Bis Ende April ist genug Geld da, um volle Pulle die Mine zu errichten.
Inwieweit das bei Nichterfolgen der Finanzierung verlangsamt werden kann, weiß ich nicht. Glaube auch, gelesen zu haben, dass wir noch über 100 Millionen haben.
Schätze, dass ein Scheitern der Finanzierung nicht das Projekt infrage stellen würde, aber eine Verzögerung allein wäre auch unschön genug.
Falls ich was durcheinanderbringe, korrigiert mich bitte.

PS: Wenn das jetzt wirklich funktioniert, dann BM am Montag

[RayNar]

Antwort auf Beitrag Nr.: 36.814.690 von buw am 20.03.09 18:39:30

Stimmt mit meinen Erinnerungen so überein, müsste auch noch mal nachlesen

[RayNar]

Geld ist da, 20%ige Kapitalerhöhung von chinesischen Stahlhersteller:

Consolidated Thompson Announces US$240 Million Strategic Investment from Wuhan Iron and Steel Group

http://www.marketwatch.com/news/story/consolidated-thompson-…

Laut stupidgame im anderen Thread entspricht das ca. 10 CAD pro Aktie

[Raumfahrer]

Also i find des suba!

Wollt ich nur mal gesagt haben....

[RayNar]

Ich finde das auch äusserst positiv.

- Kein Kredit nötig, besonders in momentanem Umfeld
- Verwässerung prozentual ok, sogar "über Kurs", im Vergleich zu anderen akzeptabel (*hust* Otto Energy *hust*)
- aber ist ärgerlich, dass kurz vor Schluß noch ein großer Teil (25%) des Projektes abgegeben werden musste
- Brancheninterne, langfristige Beteiligung mit ähnlichen Interessen

[superroth]

Vancouver 31.03.09 (www.emfis.com)
Das kanadische Unternehmen Consolidated Thompson Iron Mines Ltd teilte gestern mit, dass der chinesische Stahlkonzern Wuhan Iron and Steel Corp für 240 Mio. CAD einen Anteil von 19,9 Prozent übernehmen wird, was 29,7 Millionen Stammaktien ausmacht.
Weiterhin wird Wuhan Iron 25 Prozent an einem neu gegründeten Unternehmen halten, welches die Bloom Lake Mine betreibt.
Der chinesische Stahlkonzern hat des Weiteren eine Option einen ähnlichen Prozentsatz an der Eisenerz-Produktion, sowie an Thompson's Lamelee und Peppler Lake Projekt zu erwerben.
Durch diese Partnerschaft kann Consolidated Thompson's sein Potential ausbauen und seine derzeitige Erzförderleistung von 8 Mio. Tonnen im Jahr, auf 16 Mio. Tonnen verdoppeln, so der CEO Richard Quesnel.

[Raumfahrer]

Toronto, Ontario – April 2nd, 2009 – Consolidated Thompson Iron Mines Limited (TSX: CLM)
(“Consolidated Thompson” or the “Company”) is pleased to announce that the Company has entered into
an agreement with a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and
including, Canaccord Capital Corporation, BMO Capital Markets, GMP Securities L.P., Clarus Securities
Inc., and Dundee Securities Corp. (collectively the “Underwriters”) under which the Underwriters have
agreed to purchase 31,000,000 common shares (the “Common Shares”) of Consolidated Thompson at a
price of Cdn$2.60 per Common Share (the “Issue Price”) for aggregate gross proceeds of
Cdn$80,600,000 (the “Offering”). Consolidated Thompson will grant the Underwriters an over-allotment
option, to purchase up to an additional 4,650,000 Common Shares (for additional gross proceeds of
Cdn$12,090,000), exercisable at the Issue Price at any time until the 30th day following the closing date
of the Offering.
The Common Shares will be offered by way of a short form prospectus to be filed in all of the provinces
of Canada, except Quebec.
The net proceeds from the Offering are intended to be used to complete construction of the Bloom Lake
project and for general working capital and corporate purposes.
Closing of the Offering is anticipated to occur on or about April 27, 2009 and is subject to certain
conditions including receipt of applicable regulatory approvals including approval of the Toronto Stock
Exchange.
THE COMMON SHARES WILL NOT BE REGISTERED UNDER THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD
WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF, U.S.
PERSONS ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM U.S.
REGISTRATION REQUIREMENTS. THIS PRESS RELEASE SHALL NOT CONSTITUTE
AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL
THERE BE ANY SALE OF THE SECURITIES IN ANY STATE IN WHICH SUCH OFFER,
5368290 v2
SOLICITATION OR SALE WOULD BE UNLAWFUL.

[buw]

Ich muss sagen,ich bin etwas verwirrt über das 2. Financing. War erfreut über das erste (trotz des 25% BloomLake "Verlusts")

Wollen die gleich auf 16 Millionen gehen? Auf Stockhouse spekuliert einer, sie gehen auf sicher, falls das mit China nix wird ... denk ich aber nicht, bei 19,9% und unserem Management. Sind ja keine Anfänger

Eure Meinungen wären mir wichtig.

Hab mal für mich (nicht veröffentlichbar, da sicher mangelhaft) mal überschlagen, wie sich das Engagement darstellt, wenn man eine Schuldfinanzierung gegenstellt (150 Millionen, 15% Zinsen); wär mehr auf der Seite des China-Deals gewesen, trotz Verwässerung und Cash-Flow-Einbußen ... und jetzt nochmal 30 Millionen Aktien plus ...
Genug gebrabbelt.

Grüße,

buw

[Raumfahrer]

Ja buw, verdammte verwässerung...

[James64]

Antwort auf Beitrag Nr.: 36.922.041 von Raumfahrer am 05.04.09 12:58:53

Bin an dieser Atie sehr interessiert aber ich glaube ich kauf die Teile lieber im Amiland oder was meint Ihr ?

[buw]

Antwort auf Beitrag Nr.: 36.954.947 von James64 am 10.04.09 17:50:02

Ich denke, im Ausland zu kaufen wäre wirklich angebracht.
Der Spread bei uns ist wahrhaft ambitioniert.

Übrigens: Derzeit wird an den Märkten zwar heile Welt gespielt, aber eventuell war das 2. Placement doch nicht so verkehrt. Dazu später evtl. mehr. Jetzt nicht nur, wenn man die Kursentwicklung betrachtet, mein ich ...

Grüße und schöne Restostern,
buw

[RayNar]

04.05.2009 17:30
BRIEF-Consolidated Thompson, Wisco extend transaction deadline

May 4 (Reuters) - Consolidated Thompson Iron Mines Ltd: (News)

* Provides update on US$240 million strategic investment from Wuhan Iron and

Steel Group

* Says it and Wisco remain committed to completing transaction

* Says agreed with Wisco to extend transaction deadline to June 1

[Raumfahrer]

May 12, 2009

Consolidated Thompson has filed its unaudited interim financial statements on SEDAR and provides the following update:

- Mine site development is progressing according to budget. Production is expected to begin in the fourth quarter of 2009. As at March 31, 2009, over $200 million had been spent on the development of the Bloom Lake mine.

- Following the announcement of the signing of a letter agreement, the Company is working on completing a definitive agreement with Wuhan Iron and Steel (Group) Corporation ("WISCO"). For consideration of US$240 million, WISCO will receive 29,748,897 common shares, which represents approximately 19.9% of the issued CLM shares, on a post-investment basis, but prior to the April 27, 2009 equity financing. In addition, WISCO will receive a 25% interest in a new entity to be established to operate the Bloom Lake mine, and will commit to purchase at fair market prices a similar percentage of iron ore production over the life of the mine. It is expected that the agreement will be finalized before the end of May, 2009.

- As at March 31, 2009, the Company had total cash resources (including restricted cash) of $120.0 million. Subsequent to quarter end, the Company completed a public offering of 35,650,000 common shares for net proceeds of $87.9 million.
http://finance.yahoo.com/news/Conso.....on-ccn-15210231.html…

[SKGold_2]

Consolidated Thompson Iron Mines Limited

TSX: CLM


May 12, 2009 16:58 ETConsolidated Thompson Establishes a Stand-By Facility for Up to US$50 MillionMine production on track to reach full production of 8 MTPY scenario by the end of the year
TORONTO, ONTARIO--(Marketwire - May 12, 2009) - Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson" or the "Company") is pleased to announce that it has entered into a term sheet with Marret Asset Management Inc. providing for a US$50 million secured note facility. The proposed facility would allow the Company to draw down up to US$50 million at any time prior to December 31, 2009. Consolidated Thompson would issue secured notes that represent any amount drawn down under the facility, which notes would mature on the date that is three years from the date of issue, provide for annual interest payments, and be subject to redemption by the Company at any time. At the time of draw down under the facility, the Company would be entitled to elect the applicable interest rate of either (i) 15% per year, or (ii) 10% per year and the issue of share purchase warrants having a present value that would create a yield of 15% per year.

Richard Quesnel, the President and CEO of the Company, commented, "Together with the strategic investment by WISCO and our recently completed equity offering, this facility provides Consolidated Thompson with additional financial flexibility to accelerate any desired capacity expansion at the Bloom Lake mine, pursue other strategic initiatives and to cover any contingencies relating to the development of the Bloom Lake mine." As stated on May 4, 2009, both Consolidated Thompson and WISCO remain committed to completing WISCO's strategic investment in Consolidated Thompson as soon as possible. Consolidated Thompson and WISCO have agreed to extend the deadline to complete the transaction to June 1, 2009.

Closing of this secured note facility is subject to regulatory approval, satisfactory completion of due diligence investigations, negotiation and execution of definitive agreements and the approval of the CLM board. The Company has agreed to issue 3,500,000 share purchase warrants to the lenders with an exercise price of CDN$3.75 and an expiry date that is three years from the date of issue.

Macquarie Capital Markets Canada Ltd. acted as advisor to the Company in connection with this stand-by facility.

http://www.marketwire.com/press-release/Consolidated-Thompso…

[SKGold_2]

Antwort auf Beitrag Nr.: 36.626.010 von SKGold am 21.02.09 11:58:39

Auch hier läuft alles nach Plan.
Der Cad hält sich relativ gut und seit Februar hat man auch schon mehr als 50 % hinter sich.

Ich bleibe weiter positiv.

[buw]

Antwort auf Beitrag Nr.: 37.296.580 von SKGold_2 am 01.06.09 16:54:54

Was jetzt nur noch fehlt, ist die Finalisierung des Wuhan-Deals ... sollte ja die Tage so weit sein.

Und selbst wenn nicht, haben wir noch alle Möglichkeiten. Management ist halt doch nicht unwichtig (blöde Feststellung jetzt), auch wenn sie sich das alles haben gut bezahlen lassen (auf SH waren da manche ganz schön sauer).

Aber im anderen Fall, was nützen alle Rohstoffe im Boden, wenn keiner fähig ist, die da rauszuholen? (noch so ne blöde Feststellung, und ich lass es jetzt auch lieber ...)

Ich bleib auch positiv, obwohl ich mir auch noch billigere Kurse wünschen täte vielleicht ... wenn nicht, ists auch gut ...

[Raumfahrer]

June 1, 2009
Consolidated Thompson Expects to Sign Definitive Agreements for US$240 Million Strategic Investment From Wuhan Iron and Steel Group by June 5, 2009
TORONTO, ONTARIO--(Marketwire - June 1, 2009) - Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson" or the "Company") is pleased to announce that it has negotiated the detailed terms of the definitive agreements with Wuhan Iron and Steel (Group) Corporation ("WISCO") in respect of its previously announced strategic investment by WISCO into Consolidated Thompson, subject to final approval of the boards of WISCO and Consolidated Thompson. WISCO is one of China's largest steel producers. After an intense round of negotiations, WISCO representatives are returning to China today, and both parties expect to sign the definitive agreements on or before June 5, 2009, with closing of the investment to occur on or before July 15, 2009, following receipt of final Chinese Government approvals.

The investment also remains subject to approval of the Toronto Stock Exchange.

About Consolidated Thompson

Consolidated Thompson Iron Mines Limited is an exploration and development mining company. The Company believes that its updated positive Feasibility Study, based on the current understanding of the quality and size of the Bloom Lake deposit, reflects the potential to expand and advance the project and exploit other opportunities in the iron ore industry. The Company has approximately 155.0 million shares outstanding and trades on the TSX under the symbol CLM.


Gruß
Raumfahrer

[RayNar]

Der WISCO-Vertrag ist endlich durch:
http://www.marketwire.com/press-release/Consolidated-Thompso…

- neue Aktien für 105 Mio CAD an WISCO
- Bloom Lake ausgelagert, 25% an Wisco + 240 Mio
- Verkaufsrecht von 1,6 Mio Tonnen



---------------------------------------------------------
Jun 09, 2009 07:04 ET
Consolidated Thompson and WISCO Sign Definitive Agreement for US$240 Million Strategic Investment

TORONTO, ONTARIO--(Marketwire - June 9, 2009) - Consolidated Thompson Iron Mines Limited (TSX:CLM) ("CLM" or the "Company") is pleased to announce that it has signed a definitive subscription agreement (the "Definitive Agreement") with Wuhan Iron and Steel (Group) Corporation ("WISCO") in respect of the previously announced strategic investment of US$240 million by WISCO into CLM (the "Transaction"). The parties have also agreed upon the terms of all other material definitive agreements that will be executed at closing.

The Definitive Agreement provides for WISCO to subscribe for 38,681,023 common shares of the Company at a price of C$2.72 per share for an aggregate subscription price of C$105,212,382.56, which shares represent 19.99% of the issued and outstanding CLM shares post-transaction. In connection with this subscription, WISCO will be entitled to nominate a director to the Board of CLM. In addition, CLM has granted WISCO a pre-emptive right to maintain its proportionate interest in CLM in certain circumstances.

CLM and WISCO will establish a limited partnership, of which WISCO will hold a 25% interest, and to which CLM will contribute the Bloom Lake property. WISCO will contribute the balance of the previously announced US$240 million investment, after the payment for the common shares of CLM pursuant to the Definitive Agreement, to the limited partnership in exchange for its interest therein. CLM will be the manager of the Bloom Lake project and, once Bloom Lake is in commercial production, CLM will receive a management fee on a per tonne basis. WISCO is entitled to a minimum annual distribution from the partnership equal to not less than the profits from the annual sale of 1.6 million tonnes of iron ore concentrate.

Under an offtake agreement with the limited partnership, WISCO will be obligated to purchase, at fair market value, a percentage of iron ore production during each year of the life of the Bloom Lake project that is equivalent to its percentage interest in the limited partnership. WISCO will also be entitled, upon certain conditions, to other long-term off take rights to purchase, at fair market value, both additional amounts of initial production and amounts resulting from future expansion of the Bloom Lake project, as well as from CLM's Lamelee and Peppler Lake projects.

CLM is entitled to terminate the Definitive Agreement in order to pursue a superior proposal (including a financing transaction) upon payment of a US$2,000,000 break fee. Should the Company receive a superior proposal (including a financing transaction), WISCO will have the right to match it. CLM has agreed not to solicit such a proposal.

WISCO is required to pay a break fee of US$2,000,000 to CLM in the event the transaction does not close by July 20, 2009 by virtue of WISCO not satisfying the conditions precedent for which it is responsible for satisfying.

Richard Quesnel, the President and CEO of the Company, said "Signing of the Definite Agreement with WISCO is a major catalyst for Consolidated Thompson as the Bloom Lake project is further "de-risked". It is expected to provide us with the financial flexibility to reach the commissioning stage while remaining debt free. This partnership with one of China's largest and most technologically advanced integrated steel groups also strengthens Consolidated Thompson's potential to expand from the current mine plan of 8 million tonnes per year to 16 million tonnes of annual production of iron ore, if such expanded scenario is deemed economic, and we believe that it positions us as a significant future iron ore producer with quality, low cost assets in Quebec."

Brian Tobin, Co-Chairman of the Company, said "In this time of global economic uncertainty, China remains one of the strongest and most dynamic economies of the world. CLM is delighted to build this new partnership with WISCO, one of China's most important steel groups. CLM now has both the capital and the China market access to build a world class company. We are debt free and strongly positioned to grow as opportunities arise."

The agreement is conditional on approval by the Chinese Government as well as approval of the Toronto Stock Exchange. It is a condition to the transaction that closing occur no later than July 20, 2009.

The Balloch Group is acting as financial advisor to WISCO for this transaction. Cassels Brock & Blackwell LLP acted as legal counsel to CLM and McCarthy Tetrault LLP acted as legal counsel to WISCO.

[SKGold_2]

Antwort auf Beitrag Nr.: 36.626.010 von SKGold am 21.02.09 11:58:39

Melde mich erstmal aus diesem Thread ab.
Nach 100 % Kursanstieg für mich, konnte ich heute nicht mehr widerstehen und habe verkauft.
Es war mein Ziel, mein Ziel wurde erreicht.

Wünsche euch weiterhin viel Erfolg mit dieser Perle!


SKGold

[saecofan]

Hey Leute

bin in einem anderen Thread auf diesen
Wert aufmerksamm geworden.

Wie seht Ihr die Chanchen bis 2011-2012.
Da sollen laut Infos ca 16 Mill im Jahr produziert werden
oder liege ich hier falsch??

Danke SF

[RayNar]

saecofan:
Die Produktionserhöhung befindet sich noch in der Planung, die Studie kommt in den nächsten Monaten. Für das erste sind noch die 8 Mt/Jahr geplant.

----------------------------------------

Die Präsentation wurde mal wieder upgedatet, liest sich sehr gut. Daraus für die, die es noch nicht kennen, ein Vergleich der Produktionskosten verschiedener Eisenminen.

[buw]

Antwort auf Beitrag Nr.: 37.452.621 von RayNar am 23.06.09 20:25:28

Danke fürs Aufmerksammachen auf die Präsentation. Liest sich gut und gefällt.

Nur eins: Die schreiben einerseits, unsere Cashkosten liegen bei ca. 25 Dollar. Hier ist von über 70 die Rede, billig im Vergleich mit anderen. Sind hier die Investitionskosten gemeint?

Dann allerdings sind die 77 Dollar nicht so doll, wenn sich derzeit 60-80 Dollar pro Tonne Eisen erzielen lassen.

Weiterführende Frage. Sprechen sie dann von den Investitionskosten pro proven und probable reserve?

Könnte dann evtl. hinkommen, wenn man die Erweiterungsmöglichkeiten betrachtet (Ausbau und Exploration)?

Grüße, buw

[RayNar]

Die 25$ sind meiner Auffassung nach ein Durchschnittspreis bezogen auf die gesamte Minenlaufzeit von über 30 Jahren. Die 72$ sind die Anfangskosten in der kurzen Zeit Ende 2009, wenn die Produktion beginnt.

Der Erlös pro Tonne dürfte aber durchaus bei über 80$ liegen, das verkaufte Eisenkonzentrat von CLM müsste bei 66% Eisen/t liegen. Bei Preisen von 140,6 Cents/dmtu ergibt das einen Preis von 92,796 $/t.

Dmtu ist der Preis pro 1% pures Eisen in 10kg, also 1,406*66=92,796$7t, Quelle folgende Seite:
http://www.steelonthenet.com/commodity_prices.html
CLM verwendet auf Seite 8 der Präsentation 124 cents/dmtu, bezogen auf das gesamte Projekt wurde aber in der Studie nur mit 106,9 dmtu gerechnet (mögliche Erhöhung der Ressourcen nicht eingerechnet).

Worauf sich die genannten Kosten genau beziehen, müsste ich selber raussuchen. Da aber über 90% M+I Ressourcen sind (Reserven k.A.) ist mir das relativ egal . Ist das für dich relevant?


Ich sehe das alles nicht ganz so kritisch. CLM ist einer der wenigen "puren" Eisenerzproduzenten, neben den Platzhirschen Vale und Co. Die Kosten dürften niedrig sein, das Minenleben ist lang, Exploration kommt noch dazu, alles ist da. Bei den niedrig angesetzten Preisen aus der Studie kommt ein IRR von über 50% raus, was schon sehr hoch ist.

Sicher wird es vor allem in der Anfangsphase nicht leicht, viel taubes Gestein zu Beginn, evtl. Anlaufschwierigkeiten, dann irgendwann wieder eine hohe Investition bei der Produktionsverdopplung usw. usw.
Vor allem der Kampf um die letzten fehlende Kredite haben schon genug Kraft gekostet. Zum Glück sind allgemein die Rohstoffpreise wieder angezogen, sonst wäre es bei 72$ vor allem am Anfang doch knapp geworden.

[RayNar]

Hier nochmal die Nachricht zur Studie:

Sep 29, 2008
Consolidated Thompson Completes Feasibility Study on Expanded Scenario to 8.0 Million Tonnes of Iron Ore Concentrate Per Year on Bloom Lake Project

Consolidated Thompson Iron Mines Limited is pleased to announce that it has received the Feasibility Study on the expansion of the Bloom Lake Iron Ore project to a rate of production of 8.0 million tonnes of concentrate per year ("MTPY") commencing in September 2009. The Study was completed by Breton Banville & Associates ("BBA"), an international engineering firm based in Montreal with expertise in mining and mineral processing. The principal authors of the report are Mr. Andre Allaire, Eng., M.Eng., Ph.D. and Mr. Patrice Live, Eng. They are both qualified persons as defined in National Instrument 43-101 and are independent of the Company. A technical report relating to the Study will be filed shortly and accessible under the profile of the Company on SEDAR.

The development of Bloom Lake is advancing as scheduled with the commencement of production targeted for the end of September 2009. A construction camp has been completed and work is ongoing on mine development, mill construction and at the tailing storage facility. Haul road preparation, mining of waste while providing aggregate for construction, excavation for the primary crusher and pouring of concrete foundations for mill buildings are near completion while erection of structural steel for the concentrator has commenced. CLM expects to start construction of the 31 km rail spur that will link Bloom Lake to the rail at Wabush shortly after receiving permits from the government of Newfoundland targeted for October 2008.

Summary of Study's Key Findings:

- Bloom Lake projected to produce 8.0 million tonnes of 66.5% concentrate per year beginning in September 2009.
- 8.0 MTPY represents a 14% increase over the previous 7.0 MTPY plan.
- Capital Cost (including working capital): Cdn$486.4 million.
- Pre-tax IRR: 58.9% using US$1.069 per iron unit equivalent to revenue price of US$71.09/tonne of concentrate.
- Total life of mine operating cost: US$24.76/tonne concentrate.
- NPV (at 10% Discount rate) of US$2.348 billion (pre-tax).
- Total life of mine undiscounted pre-tax Cash Flow of US$6.813 billion.
- Forecasted yearly pre-tax Cash Flow exceeding US$360 million.
- Payback of 2.6 years.

To view a table of the Bloom Lake Development Scenarios, please visit the following link:

http://media3.marketwire.com/docs/bloom1.pdf

Brian Tobin, the Vice Chairman of the Board, stated, "By expanding to 8.0 MTPY and continuing to improve the project economics, Bloom Lake is well positioned to become the next major independent supplier of iron ore while demand continues to exceed supply and prices continue to rise."

Richard Quesnel, President & CEO, stated, "The results of the Study indicate stronger Net Present Values and improved project economics while still meeting the timelines we have set for the original project. By expanding to 8.0 MTPY, continuing to apply the latest technology married with high iron and weight recoveries and developing a more efficient mine plan, Consolidated Thompson has the potential to become a highly productive and low cost independent supplier of high quality iron concentrate in 2009."

HIGHLIGHTS

The Study on the expansion is based on an output scenario of 8.0 million tonnes of iron concentrate per year. The level of accuracy of the Study is considered to be +/- 15%.
The economics were based on a 20-year mine life.

The Study was based upon the following major assumptions and parameters:

Revenues:

A commodity price of US$1.069/iron unit equivalent to revenue prices of US$71.09/tonne of concentrate produced (US$1.069/iron unit x 66.5 units/tonne of concentrate containing 66.5% Total iron). The pricing used represents a moving average selling price of iron ore concentrate (FOB Sept-Iles) over the last three years (2006-2008). Current prices are quoted at US$1.34/dry metric tonne-iron unit equivalent to revenue prices of US$89.11/tonne of concentrate sold. CLM has signed an off-take agreement with Worldlink Resources Limited, a China-based integrated trading company, for 7.0 MTPY for the next 7 years.

Operating Costs:

- Average mining cost: US$1.56/tonne mined.
- Average crushing and processing cost: US$4.26/tonne concentrate.
- Rail transport and Port Handling: US$11.88/tonne concentrate.
- General and Administration: US$1.60/tonne concentrate.
Total Life of Mine Operating Cost of US$24.76/tonne concentrate

Capital Expenditures:

- Crusher/Concentrator costs: Cdn$203 million
- Indirect costs (Camp, lodging, transport, environmental, value engineering, etc.): Cdn$87 million
- EPCM and Working Capital costs: Cdn$60 million
- Facilities/Stockpile & Reclaim costs: Cdn$55 million
- General/Contingency costs: Cdn$55 million
- Mine/Tailings/Environment: Cdn$27 million
- Total capital expenditures for Bloom Lake amount to Cdn$486 million.

It is expected that the mobile mining equipment and rolling stock will be lease financed and the 31 km rail spur and port facilities will be financed, built and operated by a third party. The Study includes the cost to finance and operate these assets and facilities in the operating costs. Discussions are currently on-going with respect to all of these requirements; however, some portion of Capital may be provided by CLM for Infrastructure Investment at the Rail and Port with third party operator.

[RayNar]

Ohja, hier steht ja echt alles drin

[buw]

Antwort auf Beitrag Nr.: 37.483.021 von RayNar am 28.06.09 21:11:31

Danke, RayNar.
Zeitweise Verwirrung wieder beseitigt. Muss aber trotzdem gestehen, die "Eisenpreise" verwirren mich (indische Pruduzenten, Vale, Rio Tinto, die Chinesen wollen 40% weniger zahlen...). Werd schon lernen,damit klarzukommen.

Gut, ein Board zu haben,in dem sich jemand auskennt.

Es bestätigt sich immer wieder der blöde Spruch: Wer lesen kann,ist klar im Vorteil.
Aber sei bitte gnädig, ich bin ein Frischling.

[RayNar]

Antwort auf Beitrag Nr.: 37.488.270 von buw am 29.06.09 19:15:24

Nene, ist absolut in Ordnung!
Hab selber fast wieder eine halbe Stunde gebraucht, das alles wieder aufzufrischen

[RayNar]

http://www.marketwire.com/press-release/Consolidated-Thompso…

Der Vertrag mit Wisco ist endlich definitiv in trockenen Tüchern:
- 105 Mio durch neue Aktien
- 240 Mio für 25% von Bloom Lake JV

Die Aktie weiterhin in einem schönen Aufwärtstrend in den letzten Monaten.

Jul 17, 2009 07:00 ET
Consolidated Thompson Receives China Government Approvals for WISCO Strategic Investment

TORONTO, ONTARIO--(Marketwire - July 17, 2009) - Consolidated Thompson Iron Mines Limited (TSX:CLM) ("CLM" or the "Company") is pleased to announce that Wuhan Iron and Steel (Group) Corporation ("WISCO") has received the necessary approvals from the China government in respect of the previously announced strategic investment of US$240 million by WISCO into CLM. Closing of the strategic investment has been scheduled for Monday, July 20, 2009.

The Strategic Investment

WISCO has agreed to subscribe for 38,681,023 common shares of the Company at a price of C$2.72 per share for an aggregate subscription price of C$105,212,382.56, which shares represent 19.99% of the issued and outstanding CLM shares post-transaction. In connection with this subscription, WISCO will be entitled to nominate a director to the Board of CLM. In addition, CLM has granted WISCO a pre-emptive right to maintain its proportionate interest in CLM in certain circumstances.

CLM and WISCO will establish a [/b]limited partnership, of which WISCO will hold a 25% interest, and to which CLM will contribute the Bloom Lake property. WISCO will contribute the balance of the previously announced US$240 million investment[/b], after the payment for the common shares of CLM, to the limited partnership in exchange for its interest therein. CLM will be the manager of the Bloom Lake project and, once Bloom Lake is in commercial production, CLM will receive a management fee on a per tonne basis. WISCO is entitled to a minimum annual distribution from the partnership equal to not less than the profits from the annual sale of 1.6 million tonnes of iron ore concentrate.

Under an offtake agreement with the limited partnership, WISCO will be obligated to purchase, at fair market value, a percentage of iron ore production during each year of the life of the Bloom Lake project that is no less than its percentage interest in the limited partnership. WISCO will also be entitled, upon certain conditions, to other long-term off take rights to purchase, at fair market value, both additional amounts of initial production and amounts resulting from future expansion of the Bloom Lake project, as well as from CLM's Lamelee and Peppler Lake projects.

[buw]

Nur kurz:

WISCO-Deal über die Abnahme von 4 Mill. Tonnen steht jetzt auch.

Meine Verwirrung über die "Eisenpreise" beginnt sich zu legen.

GS (Ich mag die nicht) sagt, der Spot liegt derzeit bei 84 $.

Für nächstes Jahr wird mit einem Anziehen um 5%, danach um 10% gerechnet. Ich für meinen Teil tüte die 80 mal ein gedanklich. Damit wär eigentlich die Erweiterung zu stemmen, oder?

Nachdem, was mir RayNar beigebracht hat, sollten wir damit wirklich gut leben können.

Denke, alle Unsicherheiten bzgl. CLM sollten damit ad acta gelegt worden sein. Wir können uns uneingeschränkt auf die Zukunft freuen, auch wenns zwischendurch immer mal wieder holprig werden wird ... ich trau dem allgemeinen Frieden irgendwie nicht so recht ...

Grüße, buw

[RayNar]

Aber hallo, so eine Prominenz bei CLM?! Nicht schlecht

Aug 04, 2009 07:00 ET
Consolidated Thompson Appoints C. Kevin Mcarthur to Board of Directors

TORONTO, ONTARIO--(Marketwire - Aug. 4, 2009) - Consolidated Thompson Iron Mines Limited (TSX:CLM)("CLM" or the "Company") announced today that C. Kevin McArthur has been appointed to the Board of Directors, effective immediately.

Mr. C. Kevin McArthur, has enjoyed thirty years of experience in the minerals resource industry. A third-generation miner, he recently retired as President and CEO of Goldcorp, Inc. - One of Canada's largest corporations and the world's number two gold miner by market capitalization. Mr. McArthur was President and CEO of Glamis Gold Ltd. from 1999 until its merger with Goldcorp in November 2006. He continued as President and CEO of the new US$28 billion Goldcorp until December, 2008. Mr. McArthur joined Glamis in 1988, moving into the positions of Vice President of Chemgold Inc, President of Glamis Rand Mining Company and Chief Operating Officer of the company. Prior to joining Glamis, Mr. McArthur held a variety of engineering and operations management positions with BP Minerals North America and Homestake Mining Company. Mr. McArthur holds a Bachelor of Science degree in Mining Engineering from the University of Nevada (1979).

The Hon. Brian V. Tobin, Executive Chairman, stated "Kevin is a tremendous addition to our Board. He understands the needs of a mining company with a strong growth agenda. We are fortunate to have Kevin around our Boardroom table."

Mr. McArthur stated "I'm very excited to be joining the Consolidated Thompson team. This new Canadian mine has been developed at a very impressive pace and I truly believe all the elements are now in place for CLM to become a world class player in the iron ore business."

Mr. Richard Quesnel, President & CEO of CLM, stated "I'm extremely pleased to be able to draw upon the experience of a director like Kevin McArthur who has built, managed, and grown one of the largest gold plays in the world today."

[Reiners]

BHP zeigt sich bei Eisenerz-Nachfrage vorsichtig optimistisch
DJ BHP zeigt sich bei Eisenerz-Nachfrage vorsichtig optimistisch


Von Elisabeth Behrmann
DOW JONES NEWSWIRES
KALGOORLIE (Dow Jones)--Der australische Rohstoffkonzern BHP Billiton zeigt sich hinsichtlich der weiteren Nachfrageentwicklung vorsichtig optimistisch. Jedoch gebe es bei der Nachfrage aus China Unsicherheiten, sagte Ian Ashby, der für die Eisenerzsparte des Konzerns zuständige Manager.

In China seien die Lager 2008 geleert worden. Daraufhin habe China seine Vorräte dieses Jahr wieder aufgefüllt, doch dieser Prozess sei nun wohl zu Ende. "Wir wissen immer noch nicht wie hoch die fundamentale Nachfrage ist. Das werden wir wohl im zweiten Halbjahr feststellen", sagte Ashby gegenüber Journalisten.

China hat die Importe erhöht nachdem einige kleinere, einheimische Erzminen unter anderem wegen höherer Sicherheitsanforderungen geschlossen haben. Daneben sind Importe angesichts niedrigerer Erzpreise auf dem Weltmarkt und gesunkener Frachtraten wettbewerbsfähiger.

In diesem Jahr hat die chinesische Erzeinfuhr ein Rekordniveau erreicht. Im ersten Halbjahr wurden 279,2 Mio Tonnen und damit 29% mehr als im gleichen Vorjahreszeitraum importiert, wie aus vorläufigen Daten der chinesischen Zollverwaltung hervorgeht.

Außerhalb Chinas seien die langfristigen Entwicklungen solide, da der globale Modernisierungstrend anhalte. "Der Welt fehlen Eisenerzkapazitäten", sagte Ashby. Das Angebot habe nicht so schnell wie von BHP gewünscht an die Nachfrage angepasst werden können. Am kurzfristigen Markt sei der Lagerauf- und -abbau zwar weiterhin spürbar, doch die Eisenerzsparte von BHP produziere an der Kapazitätsgrenze, sagte der Manager.

Beim geplanten Eisenerz-Joint-Venture mit Rio Tinto in der westaustralischen Pilbara-Region mache man gute Fortschritte, es gebe keine Verzögerungen. Man sei dabei, von einer nichtbindenden Absichtserklärung zu einem bindenden Vertrag zu kommen, sagte Ashby.

Der Deal, der Mitte 2010 unter Dach und Fach gebracht werden soll, wird laut BHP mit positiven Synergieeffekten von 10 Mrd USD verbunden sein. Allerdings brauchen die BHP Billiton plc und die Rio Tinto plc dafür die Zustimmung der Europäischen Kommission.

Die Bedenken der Brüsseler Wettbewerbshüter hatten im vergangenen Jahr bereits einen wesentlichen Anteil am Scheitern der vorgeschlagenen Fusion der beiden Rohstoffkonzerne. "Wir haben mit der Europäischen Kommission gesprochen. Wir wissen bislang nicht, ob wir für das Joint Venture eine Kartellfreigabe benötigen", sagte Ashby.

[Bulko]

Merrill Lynch erhöht Prognosen zu Eisenerzpreisen

New York (BoerseGo.de) - Der Preis für Eisenerz dürfte im nächsten Jahr wegen der Nachfrage aus China um 10 Prozent zulegen. Davon geht gemäß Bloomberg die Bank of America Merrill Lynch aus. Somit haben die Analysten ihre ursprüngliche Schätzung über einen Preisrückgang um 5 Prozent nach oben angepasst.

Für das per 1. April 2010 startende Geschäftsjahr dürften Stahlkocher für eine australische Eiseneinheit 106,6 Cents je metrische Tonne zahlen. Das laufende Jahr werde mit 96,9 Cents für eine metrische Tonne einhergehen. Hier sahen die Experten ursprünglich ein Preisniveau von 92,1 Cents vor.

Im bisherigen Jahresverlauf seien Kassapreise für Eisenerzlieferungen von Australien in das größte Verbraucherland China um 38 Prozent gestiegen. Die chinesischen Eisenerzimporte legten während der ersten Jahreshälfte dank des 4 Billionen Yuan bzw. 585 Milliarden Dollar schweren Konjunkturprogramms der Regierung um fast ein Drittel zu.

Quelle: http://www.godmode-trader.de/front/index.php?p=news&idc=2&id…

[RayNar]

Kleiner Bericht über das Projekt:
http://www.theaurora.ca/index.cfm?sid=276483&sc=298

Bloom Lake project on accelerate

MICHELLE STEWART
The Aurora


There's not a moment to waste as Consolidated Thompson's Bloom Lake project is well underway and vying for a production date before the end of 2009.

Hubert Vallée, VP of Development with Consolidated Thompson Iron Mines, was in Labrador West last week checking on, what he calls, a very exciting mining project.

"It's exciting because everything is moving so fast, now that we have all the permits," he said in an interview with the Aurora. "And for 35 years, this is the first large mining (private) project opening in the area, so it's exciting to be a part of that. It's a big project."

A flurry of activity on site

Currently there are more than 30 different contractors on the Bloom Lake site-located just over the Quebec border on the south end of the Labrador Trough.

Contracting teams, consisting of a total of about 500 workers are busy constructing everything from electrical, piping, structural steel to rail beds.

"Actually at Bloom Lake we are doing the pre-stripping and the pre-work for the mine itself," said the development boss. "We are also constructing a crusher, a grinding mill, a concentrator and a load-out silo."

Permits aplenty

Vallée said it's a great relief to finally get all the permits required-from the provinces of Quebec and Newfoundland and Labrador as well as municipal and federal permits-for the project. Quebec's provincial permits, though, have been granted for two years now.

"But, from the Quebec government its only one or two agencies, so we got all the permits, he said. "We will operate [under] a mining lease, so once we had the mining lease, all the permits come with it."

With the province of Newfoundland and Labrador it's a little different, he explained with a number of agencies involved. Then permits are also needed from municipalities involved as well as the appropriate federal permits.

With the last permit coming in about a week ago from the Department of Fisheries, Vallée said, it's all a 'go' now and he is pleased with the speed of the construction thus far.

Lodgings and workers

And, he points out; it's not all about moving ground and putting up steel on the mine site.

"We have temporary lodging facilities for 500 [workers] and we also built 120 rooms in housing for permanent workers in Fermont, [QC], he explained. "Probably we will need 60 to 80 more rooms for the permanent lodging."

When Bloom Lake comes into production, about 200 permanent mine employees will be required for the mining operation and each one must be able to have a working knowledge of the French language.

"It's mostly because of safety they have to speak the official language," he said of the permanent workforce. "But we are open to people coming from Labrador West and we have already received some resumes from Labrador. We will communicate with them and evaluate them if there is a commitment and an intention to learn the French language. There are a lot of skilled mining people in Labrador."

Rail construction

In the meantime, construction has started on the rail line-an integral part of the project when it comes to meeting the challenging deadline of December 2009.

"Right now our contractor Rockcliffe has about 40 pieces of heavy equipment on that and have one shift working," Vallée said. "Within a week or so they will bring in probably another 15 pieces of equipment and have a second shift working."

With crews working 24 hours a day, seven days a week, all indicators tell him, the 31-km rail line will be ready to link into QNS&L in order to roll out ore to Point Noire by the year end.

On target

"I think we have selected good people, good contractors with good logic," Vallée said. "It's challenging yes, because we just started the railroad construction and we are going to need that railroad by the end of the year. We have some challenging issues with a part of the link but that is still achievable. It's still on target."

[RayNar]

Quelle: http://www.marketwire.com/press-release/Consolidated-Thompso…

Aug 28, 2009 17:46 ET
Consolidated Thompson Announces Estimated Indicated Resources of 935 Million Tonnes on Its Lamelee-Peppler Iron Property

MONTREAL, QUEBEC--(Marketwire - Aug. 28, 2009) - Consolidated Thompson Iron Mines Limited (TSX:CLM) ("Consolidated Thompson" or "CLM") is pleased to announce the results of drilling campaigns, spread over 2007 and 2008 on its Lamelee property, which increased the indicated resources to 642 million tonnes. When added to the indicated resources of 293 million tonnes of Peppler, this brings the total indicated resources (OIF-oxide iron formation) of the whole Lamelee-Peppler Iron property to 935 million tonnes.

As explained below, Consolidated Thompson has estimated for the high grade zones of Lamelee, an indicated mineral resource of 641,719,200 tonnes at a grade of 30.30% total Fe, contained in the OIF, and an inferred mineral resource of 69,507,400 tonnes at a grade of 28.63% total Fe, contained in the OIF, with a 15% total Fe oxide cut-off.

Richard Quesnel, the President and Chief Executive Officer of CLM, commented, "We are very pleased to have confirmed the resource size and quality of the Lamelee deposit. With the addition of the Peppler deposit, it brings the total indicated resources to 935 million tonnes at 29.72% total Fe, contained in the OIF, and gives us the ability to explore development synergies between these nearby deposits and the Consolidated assets currently under an advanced stage of development at Bloom Lake."

As illustrated in Figure 1, the property is located in northeast Quebec, approximately 470 km northeast of Baie-Comeau, 70 km southwest of Fermont, about 45 km in straight line from the Bloom Lake property of CLM which is currently being developed, and 340 km from the port facilities at Sept-Iles. The deposits are situated in Malapart and Faber Townships in the Regional Municipality (MRC) of Caniapiscau. The property consists of 470 contiguous claims covering 24,681.88 hectares and a nearby group of 10 contiguous claims of 526.30 hectares that totals 25,208.18 hectares on 480 claims. Consolidated Thompson has a 100% interest in all claims.

The property was owned originally by Quinto Mining Corporation ("Quinto"). Consolidated Thompson purchased 100% of the shares of Quinto on June 27, 2008, and acquired the rights to all Quinto properties. Quinto is now a wholly owned subsidiary of Consolidated Thompson (see press releases of June 24 and 27, and July 3rd).

The Lamelee deposit was drilled-tested by Quinto in 2007 and 2008 with 76 drill holes (NQ size) totalling 15,137 metres. The holes were inclined from vertical to moderate in order to cross the geological trends. The basic drill grid of 300 x 300 m was filled over most of the deposit plan with closer spacing along the crest of Mont Lamelee, because of the attitude of the geological units that can reach up to 350 vertical metres while the Lower Main OIF (Oxide Iron Formation) in the centre is 45-65 metres in vertical depth.

[...]

[RayNar]

KE: 28,5 Mio a 4,40 CAD


31.08.2009 23:38
UPDATE 1-Consolidated Thompson to raise C$125 mln in stock sale

* To offer common shares at C$4.40/shr

* To use proceeds at Bloom Lake property

Aug 31 (Reuters) - Consolidated Thompson Iron Mines Ltd said it would raise C$125 million ($114.4 million) through a private placement of its common stock.

The exploration and development mining company said its underwriters, led by Macquarie Capital Markets Canada, would purchase 28.5 million common shares at C$4.40 a share.

The company plans to use the net proceeds to fund potential acquisitions or expansion at Bloom Lake property in Quebec and for general working capital purposes.

Consolidated Thompson said it would grant its underwriters the option to purchase an additional 4.3 million shares for gross proceeds of C$18.8 million.

The offering is expected to close on or about September 17.

Shares of the company closed at C$4.66 Monday on the Toronto Stock Exchange.

[buw]

Antwort auf Beitrag Nr.: 37.891.546 von RayNar am 01.09.09 10:33:30

RayNar, mich würd deine Bewertung der jüngsten Geschehnisse interessieren.

Anscheinend arbeiten die zurzeit wirklich auf "Volle Kraft voraus".
Das Negative an Dilution ist ja bekannt.

Ich finds in diesem Fall trotzdem positiv bis sehr positiv, kurz gesagt.

Auf stockhouse wurden gestern Nacht schon Übernahmen gehandelt, ich denke, das hat noch Zeit. Expansion, dann Pebbler, dazwischen Übernahme, das wär mein präferierter Fahrplan. Außer Wasbush, ein Producer, das hätt was, sind aber m.W. so ziemlich am Ende des Mine Life - kann mich aber auch irren.

Aber: Execution vorausgesetzt, haben wir eine riesigen Vorteil gegenüber den Explorern, wenn Cash Flow einsetzt. Im derzeitigen Umfeld das Geld für ne Eisenmine aufzutreiben, mit einem aufstrebenden Nachbarn wie uns ... jamm jamm ... und das mit dem Geld soll noch schwieriger werden, was man so läuten hört.

Fazit: Ich bin (verhalten) begeistert bis sehr angetan von unserer CLM.

PS: Was vom Hafen gehört ... dazu find ich nix ...?

Grüße, buw

[nebenwerte_fuchs]

Antwort auf Beitrag Nr.: 37.892.534 von buw am 01.09.09 12:23:25

also ich bin vollkommen überrascht und enttäuscht von dem PP, da man in ein paar Monaten selbst CF generieren kann. Eine Übernahme ist m.E. auch nicht notwendig, da man selbst genügend Projekte hat. Selbst aus dem WISCO - Deal sollte noch Cash übrig sein.

Mit dem 8 mtpa Szenario werden ca. 350 mio USD CF generiert, also wozu der Blödsinn. Eine nähere Erläuterung würde hilfreich sein.

Alles andere wie eine sinnvolle Aquisition wäre echt enttäuschent.

[buw]

Antwort auf Beitrag Nr.: 37.896.837 von nebenwerte_fuchs am 01.09.09 19:50:41

Hallo Fuchs!

Wabush wäre eine Möglichkeit,die m.E. sehr gut wäre. Hat in stockhouse einer geschrieben. Bin kein Experte, aber hier geht es wohl eher um die Infrastruktur dort. Hafenkapazität etc.

auch bezüglich Erweiterung ... die haben anscheinend auch ein Pellet-Werk, verarbeitung des Eisens, höhere Preise.

A propos Preis ... kommt aufdie Konditionen an.

Übernahme eines kleinen Explorers brauchen wir nicht, bin ich deiner Meinung; Geldhaben wir auch, dito.

es wird spannend. Management ist gut IMO.

Grüße, buw

[christian76]

Hallo,

ganz schön ruhig hier geworden,
keine Meinungen zu der Wabush Übernahme?

[RayNar]

Cliffs blockiert fürs erste die Übernahme:
http://www.bloomberg.com/apps/news?pid=20601012&sid=a0koyDI8…

@buw
Ich bin dir noch eine Antwort schuldig. Tut mir leid, hatte das irgendwie übersehen.

Viel habe ich zu dem Thema nicht zu sagen:

Die letzte KE macht für mich auch einen etwas zwiespältigen Eindruck, so richtig nötig war sie in meinen Augen nicht. Wie ja jetzt die Übernahme gezeigt hat, hatte man damals wohl schon vor, die umliegenden Gebiete nach Übernahmekandidaten abzusuchen.
Der andere Grund war meiner Meinung nach, um "endlich" mal flexibler wirtschaften zu können und ein wenig Geld auf der hohen Kante zu haben, auch falls es zu Verzögerungen oder zusätzlichen Kosten kommt.

Ich bin aber im Grunde deiner Meinung buw: CLM hat zwar die Turbulenzen nicht unbeschadet (Wisco-Einstieg, KE-en, ..) überstanden, aber sie haben es und sind auf bestem Wege.
Wenn man sich mal Baja Mining anschaut, könnte einem das Grausen kommen: Ähnlich gutes Projekt in Mexiko, das zeitlich praktisch genauso weit fortgeschritten wie CLM war. Es wurde mit dem Bau begonnen, dort konnten aber keine Gelder mehr aufgetrieben werden und das ganze liegt meines Wissens nach immer noch auf Eis! So hätte es genauso laufen können, das sollte man nicht vergessen.

Nun, CLM behalte ich weiter, die Position ist auch nicht allzu groß. Mit Wisco ist ein großes Tier an Board, das auch Ergebnisse sehen will. Auch wenn es hier um einiges gemächlicher (und langweiliger) als bei anderen Rohstoffwerten zugeht, meines Erachtens ein guter Kauf.

[RayNar]

Consolidated Thompson reports third-quarter loss of loss $22.6M
Thu Nov 5, 3:00 PM
By The Canadian Press

MONTREAL - Consolidated Thompson Iron Mines Ltd. (TSX:CLM) reported a net loss of $22.6 million in the third quarter as it continues to develop its Bloom Lake iron ore property in Quebec.

The net loss, equivalent to 12 cents a share, compares with earnings of $1.3 million or one cent a share in the comparable 2008 quarter.
With the exception of interest income, the company has reported no revenue for the last eight quarters, according to company documents.

As of Sept. 30, over $400 million has been spent on the development of the Bloom Lake mine, the company said in a news release.

"Mine site development is progressing according to budget . . . (and) production is expected to begin in December 2009 and shipment in the first quarter of 2010," it said.

Consolidated Thompson's shares were up three cents at $4.73 in afternoon trading on the Toronto Stock Exchange.

[RayNar]

Wie ein Phönix aus der Asche. Bin gespannt, wann die erste Produktion vermeldet wird.

[christian76]

MONTREAL, QUEBEC -- (Marketwire) -- 01/05/10 -- Consolidated Thompson Iron Mines Ltd. (TSX: CLM) ("CLM" or the "Company") announces that it has entered into an Offtake Agreement and a Credit Agreement with SK Networks Co. Ltd.(SKN), a subsidiary of the third largest Korean conglomerate, SK Group.

Pursuant to the Offtake Agreement, SKN has committed to purchase annually, for a ten-year term, at fair market value and on commercially reasonable terms, one million tonnes of iron ore concentrate from CLM's Bloom Lake mine.

The Credit Agreement provides for a US$50 million unsecured five-year term credit facility which is expected to be available for drawdown prior to January 31, 2010. The facility is non-amortizing and carries a fixed annual interest rate of 5% payable on a semi-annual basis. The principal amount of the facility can be repaid by the Company at any time. This credit facility will be used to fund potential expansion at Bloom Lake and for general working capital purposes.

"These agreements attest to the robustness of the Bloom Lake project and its attractiveness to some of the world's largest consumers of iron ore. We are very pleased to have reached long term agreements with a well-recognized Korean Company such as SKN" stated Richard Quesnel, the President and Chief Executive Officer of the Company.

Harp Capital Corp. acted as advisor to CLM on the Credit Agreement.

Information on Consolidated Thompson Iron Mines Limited

Consolidated Thompson Iron Mines Limited is a development and exploration mining company. The Company is presently developing at the expected initial rate of 8.0 million tonnes per year its Bloom Lake world class iron ore deposit located in the Quebec/Labrador trough. The quality and size of the Bloom Lake and Peppler/Lamelee deposits reflect the potential to expand and advance these projects and exploit other opportunities in the iron ore industry. The Company has approximately 226,800,000 shares outstanding and trades on the TSX under the symbol "CLM".

Information on SK Networks

SK Networks (SKN) is a global company in trading, IT, energy distribution, consumer goods industries, overseas resource development and plantation. SKN is a subsidiary of SK Group ("SK"). SK is the 3rd largest conglomerate in Korea with 213 affiliate and subsidiary companies and 70 branches and offices around the world in the areas of Energy Chemical, Telecom, and Trading Services and its 2008 revenues were approximately U$ 84 billion. SKN has approximately 243,000,000 shares outstanding and trades on the Korea Exchange (KRX) under the symbol 001740.

[eifelcash]

Na jetzt geben wir aber mal wieder Gas hier....

Gruß,

eifel

[RayNar]

Antwort auf Beitrag Nr.: 38.688.547 von eifelcash am 07.01.10 21:47:03

Ist mir auch aufgefallen. Hab deswegen nochmal die letzte Präsentation vom Dezember durchgesehen, weiterhin sehr hübsch

Der Beginn der Produktion müsste eigentlich jeden Moment gemeldet werden..

[christian76]

MONTREAL, QUEBEC -- (Marketwire) -- 01/12/10 -- Consolidated Thompson Iron Mines Ltd. (TSX: CLM) ("CLM" or the "Company") announces that it has entered into an agreement to issue US$100 million senior secured bonds (the "Bonds") to Marret Asset Management Inc. This new financing effectively replaces a stand-by facility previously announced on May 12, 2009.

The new agreement will increase the amount of financing available to the Company by $25 million. Pursuant to the agreement, the Bonds will have a term to maturity of 7 years from the date of closing, provide for semi-annual interest payments at a rate of 8.5% per annum and be subject to redemption by the Company at any time after 4 years from the date of issue. The funds will be used for general corporate purposes including the potential expansion at Bloom Lake. The previous agreement provided for a maturity term of 3 years with an annual interest rate of 15%.

"These revised terms show the progress accomplished with the Bloom Lake project by the Consolidated Thompson team and the recognition by the financial community of the reduction in the level of risk borne by the project which will begin commercial production in the next few weeks. It also provides the additional financial flexibility to accelerate any desired capacity expansion at the Bloom Lake mine" commented Richard Quesnel, President and Chief Executive Officer of the Company.

In consideration of the commitment, CLM will issue 750,000 common share purchase warrants to Marret Asset Management Inc exercisable for a period of 3 years from the closing date at an exercise price of $6.75. Closing of this secured note facility and the issuance of the share purchase warrants are subject to regulatory approval and the execution of definitive agreements.

Information on Consolidated Thompson Iron Mines Limited

Consolidated Thompson Iron Mines Limited is a development and exploration mining company. The Company is presently developing at the expected initial rate of 8.0 million tonnes per year of its Bloom Lake world class iron ore deposit located in the Quebec/Labrador trough. The quality and size of the Bloom Lake and Peppler/Lamelee deposits have the potential to expand and advance these projects and develop other opportunities in the iron ore industry. The Company has approximately 226,800,000 issued and outstanding shares trading on the TSX under the symbol "CLM".


die sammeln ja Geld ein ohne Ende.

[RayNar]

Antwort auf Beitrag Nr.: 38.727.557 von christian76 am 13.01.10 15:39:16

Hatte ich zuerst auch gedacht, es handelt sich aber nur um eine Umschuldung mit leichter Aufstockung:

Vorher: 75 Mio, 3 Jahre, 15% p.a.
Neu: 100 Mio, 7 Jahre, 8,5% p.a.

Also sehr gute Nachricht

[RayNar]

Ein schöner Bericht:
http://ca.news.yahoo.com/s/capress/100125/business/consolida…


Consolidated Thompson could double production at Bloom Lake mine: CEO

Mon Jan 25, 5:41 PM

By Kristine Owram, The Canadian Press


TORONTO - Consolidated Thompson Iron Mines Ltd. (TSX:CLM) is hoping to double production at its brand new Bloom Lake mine, and it wants to begin the expansion process within two years, the company's CEO said Monday.

Bloom Lake, an iron ore mine on the Quebec-Labrador border, is currently ramping up production and should be ready to start shipping ore by the end of the first quarter or the beginning of the second quarter of 2010, president and CEO Richard Quesnel said in an interview with The Canadian Press.


Once it's producing at full capacity, Bloom Lake is expected to produce about 660,000 tonnes of iron ore a month, or eight million tonnes each year. But this could quickly double to 16 million tonnes a year if an expansion is decided to be feasible, helping to quench the seemingly insatiable demand for the metal used to make steel in China and other developing countries.

"We've been able to take a mine here in less than three years from scratch, building it and putting it into production," Quesnel said Monday. "We figure that if we get the green light and it comes in favourable and our board approves, we could be building and expanding within a period of 24 months."


The prospects for Bloom Lake helped make Consolidated Thompson the biggest gainer on the Toronto Stock Exchange in 2009, adding 563 per cent over the course of the year. By comparison, the TSX metals and mining index gained 276 per cent.

Since the beginning of 2010, shares in Consolidated Thompson have gained another 8.4 per cent to close Monday at $7.48.


In a recent research note, RBC Capital Markets analyst Robin Kozar said the miner "provides one of the most compelling growth stories in our iron ore coverage universe" and gives investors "the highest relative (net asset value) leverage to iron ore amongst its peer group."

The gain seen by the miner's shares over the past year is impressive, particularly for a company that didn't have any producing assets until very recently.


Quesnel attributes the rocketing value of Consolidated Thompson's shares to the production potential of Bloom Lake - estimated at more than one billion tonnes of iron ore - and to several other factors that make the company a particularly appealing investment.

Bloom Lake is in an area that has supported mines in the past, and therefore much of the necessary infrastructure, including roads, rail lines and power lines are already in place.


"This is a major plus because you're looking at less than $1 billion to develop those properties, whereas in a greenfield area you'd be looking more at $4 billion or $5 billion," Quesnel said.

Additionally, the fact that Bloom Lake is a brand new mine using the most modern equipment available means its production costs are in the bottom 25 per cent of iron ore mines in the world - between US$25 and $30 a tonne, compared with an average of $45 a tonne globally. This allows Consolidated Thompson to compete with much bigger producers, including Rio Tinto, BHP Billiton and Vale, Quesnel said.


Consolidated Thompson's fundamentals allowed it to secure two metal sales agreements with companies in Asia, where demand for steel has come back more quickly and strongly than in North America and Europe.

Under an agreement with South Korean company SK Networks Co. Ltd., announced in early January, Consolidated Thompson will sell one million tonnes of iron ore concentrate from Bloom Lake annually for 10 years.


And an earlier agreement with Wuhan Iron and Steel (Group) Corp., or WISCO, which operates the third-largest steel mill in China, will see Consolidated Thompson sell half of the ore produced at Bloom Lake to WISCO at market price. Under the agreement, WISCO also bought a 25 per cent stake in Bloom Lake and will have to contribute a quarter of the capital needed for any future expansion of the mine.

Quesnel said the partnership with WISCO has given Consolidated Thompson a "red carpet" into the massive Chinese market, where steel producers are increasingly looking to secure supplies of iron ore.


"WISCO, being a strategic partner, also wants to continue to grow with (Consolidated Thompson), maybe in the form of expansions at the property and other acquisitions that may be out there that would be very accretive to our shareholders," Quesnel said.

In addition, the income from its sales agreements could help Consolidated Thompson accelerate development at its other properties, including Peppler Lake-Lamalee, near Bloom Lake, which is currently undergoing a scoping study, Quesnel said.

Adding to Consolidated Thompson's investor appeal is the price of iron ore, which seems poised for a dramatic increase. Analysts are estimating anywhere between a 10 and a 30 per cent jump in contract prices for the metal due to a burgeoning demand for steel in developing countries.

Morgan Stanley economist Peter Richardson has predicted iron ore demand from China could rise by 6.2 per cent this year, while purchases in the rest of the world could grow by as much as 16 per cent. Patricia Mohr, a commodity market specialist at Scotiabank, has also predicted an increase in negotiated prices in annual contracts for iron ore.

Concerns about supply shortages have sent the spot price for iron ore up from a low in 2009 of US$48 per tonne to around $128 per tonne, while the current contract price is $65 per tonne. Spot prices tend to be indicative of where the contract price is headed, Quesnel said.

Copyright © 2010 Canadian Press

[eifelcash]

Wunderbares Invest, läuft wie an der Schnur.
Keine Entäuschungen, Top Management, Super Projekt.
Das ist meine Baustelle...

Gruß,

eifel

[eifelcash]

Schön das die Aktie nicht diskuttiert wird...
Wieso auch?
Oder bin ich hier der Einzige?

eifel

[RayNar]

schweigen und geniessen

Oder gibt es was, worüber man diskutieren könnte?

[eifelcash]

Antwort auf Beitrag Nr.: 39.088.565 von RayNar am 08.03.10 22:08:22

Das Teil wird hochgeschwiegen...

Gruß,

eifel

[christian76]

March 18, 2010
FOR IMMEDIATE RELEASE
CONSOLIDATED THOMPSON IRON MINES ANNOUNCES MOVING TOWARDS COMMERCIAL PRODUCTION AS PART OF THE YEAR END REPORT FILED TODAY

March 18, 2010: Montreal, Quebec – Consolidated Thompson Iron Mines Ltd. (TSX: CLM) (“CLM” or the ‘’Corporation”, or “Consolidated Thompson”) is pleased to announce the following highlights from its audited annual consolidated financial statements and MD&A for the year ended December 31, 2009 that were filed on our web site at www.consolidatedthompson.com and on SEDAR:

• Mine site development is near final completion and production has already begun. First shipments of ore from the port at Pointe-Noire will commence in May 2010. As of December 31, 2009, a total of $463 million had been spent on the development of the Bloom Lake mine.
• CLM commenced rapid development of the railroad and port infrastructures in 2009. The railroad between the mine site to Wabush and the port facilities in Sept-Iles are on schedule to be completed in April 2010. As of December 31, 2009, a total of $112 million had been spent on this infrastructure.
• As of December 31, 2009, the Corporation had total cash resources of $185 million.
• There was a number of successful equity financings in 2009. The proceeds were used to fund the costs of completing the construction of the Bloom Lake project and for general corporate purposes:
o In April 2009, the Corporation closed a public offering of $92.6 million;
o In July 2009, the Corporation closed a strategic investment by WISCO of US$ 240 million in CLM for 19.9% of the issued and outstanding CLM shares post-transaction and a 25% interest in a partnership established between CLM and WISCO to own and develop the Bloom Lake property; and
o In September 2009, the Corporation closed a private placement of $144.1 million.
• Other 2009 milestones included:
o As part of the strategic investment by WISCO in July 2009, WISCO also agreed to acquire 4 million tonnes of concentrate per year at market value for the life of the mine;
o In August 2009, the Corporation announced the results of its drilling campaigns, spread over 2007 to 2009 on its Lamêlée property which increased its resources
- 2 -
to 642 million tonnes. When added to the indicated resources of 293 million tonnes of the Peppler property, this brings the total indicated resources (OIF-oxide iron formation) of the whole Lamêlée-Peppler Iron properties, as part of 2008 Quinto acquisition, to 935 million tonnes. An updated NI 43-101 technical report has been produced on this resource; and
o In October 2009, the Corporation signed a long term lease with Port of Sept-Iles for the construction of a lay down area and the utilization of the port docking facilities at Pointe-Noire.
• Announcements subsequent to the end of the 2009 financial year:
o In January 2010, the Corporation announced the closing of two long term debt facilities totalling US$ 150 million. One is a US$ 50 million unsecured 5 year credit facility carrying a fixed 5% annual interest rate with SK Networks, the third largest industrial conglomerate of Korea. At the same time the Corporation entered into a 10-year off-take agreement of 1 million tonnes per year at market price. The second debt facility is a US$ 100 million senior secured bonds with Marret Asset Management Inc; and
o In February 2010, the Corporation announced the signing with Arnaud Railway Corporation, a subsidiary of Wabush Mines, of a ten-year rail transportation agreement to haul the iron ore concentrate from Arnaud junction, where the railway connects to the QNS&L railway, to our offloading facilities located on the leased land from the Port of Sept-Iles at Pointe-Noire.
‘’ We are very proud of the accomplishments of 2009. It was yet another year fulfilled with major milestones in the development of the Bloom Lake project.’’ declared Richard Quesnel, President and Chief Executive Officer of Consolidated Thompson. ‘’In light of the challenging economic conditions worldwide, we successfully raised the necessary funds to ensure the completion of the construction and thereby deliver a world class facility. With the signing of the remaining transportation and lease agreements, we are on target to start loading our clients’ vessels in May 2010 and are very excited with the future prospects’’
‘’Consolidated Thompson is about to move from being a builder to an operator of a world class iron ore mine. With iron ore demand and price increasing, our timing as a new entrant to the industry and the vibrant export market is very promising’’ said Brian V. Tobin, Executive Chairman of the Board of Directors.
Mr. Brian V. Tobin, Executive Chairman of the Board of Directors, Mr. Richard Quesnel, President and Chief Executive Officer and Mr. François Laurin, Chief Financial Officer of the Corporation invite investors, financial analysts and journalists to take part in a conference call the same day to discuss the update on the Bloom Lake project.

Thursday, March 18 at 10.00 A.M. Dial 514-861-2255 or
866-696-5910 for North America or
800-8989-6336 for International

[RayNar]

May 19, 2010 08:00 ET
Consolidated Thompson Completes Feasibility Study to Increase Production From 8.0 to 16.0 Million Tonnes of Iron Ore Concentrate Per Year at the Bloom Lake Project

http://www.marketwire.com/press-release/Consolidated-Thompso…

[eifelcash]

http://www.marketwire.com/press-release/Consolidated-Thompso…

[eifelcash]

Consolidated Thompson to benefit as global iron ore supplies tighten
By Financial Post · November 3, 2010 · 2:42 am · Leave a Comment

By David Pett

Iron ore prices will strengthen in 2011 and should give a boost to shares in Consolidated Thompson Iron Mines Ltd. says John Redstone, an analyst at Desjardins Securities.

Mr. Redstone maintained his “buy” rating and $13.90 price target on one of the world’s few pure iron ore plays, predicting prices for the commodity used in steel production will hit US$180 per tonne next year, up from roughly US$160 today.
“Recently, there have been calls from within India to restrict or eliminate iron ore exports because of demand from domestic steel mills,” Mr. Redstone said in a note to clients, adding that India privides roughly 11% to 12% of the total exported material.

The analyst said there are reports that stockpiles of iron ore in China are being drawn down as shipments from India have declined.

While there are numerous iron ore projects in the works that could potentially boost supply to offset demand, Mr. Redstone said only a few are economic and most of them are still at least five years away from full production.

“In our analysis we estimate 694 million tonnes of incremental production could be added by 2017,” the analyst wrote.

“However, the growth in incremental demand would still be greater by over 50 million tonnes. In addition, demand would continue to grow next year with no supply-side response.”

[christian76]

RTE Stuttgart - (www.rohstoffe-go.de) - 230 Mio. US-Dollar frisches Kapital hat Consolidated Thompson Iron Mines (WKN A0KFDB) nach einer vor Kurzem abgeschlossenen Finanzierung in der Kasse. Analysten gehen davon aus, dass der Konzern sich nun nach möglichen Übernahmezielen umsieht.

Consolidated Thompson verfüge nun über ausreichend Feuerkraft, um eine Reihe von börsennotierten Juniors aus dem Labrador Trough gegen Cash zu oder eine der größeren Entwicklungsfirmen der Region für Cash und Aktien zu übernehmen meinen die Analysten von Raymond James.

Die Experten von Desjardins Securities rechnen zudem damit, dass das Unternehmen dieses Kapital auch einsetzen wird, um sein Eisenerzprojekt Lamelee-Peppler im Labrador Trough zu entwickeln. Sie gehen davon aus, dass Consolidated Thompson die 302 Mio. Tonnen an Ressourcen in Reserven umwandeln kann, was ein Minenleben von 20 Jahren bedeuten würde.

Die Mammut-Finanzierung ist allerdings nicht unumstritten, da der CEO des Unternehmens Richard Quesnel des Insiderhandels für schuldig befunden wurde, während die Transaktion noch lief. Die Analysten von BMP Capital Markets weisen aber darauf hin, dass Quesnel wohl in einer "aktiven Beraterrolle" weiter für Consolidated Thompson tätig sein wird, während das Berufungsverfahren gegen diese Entscheidung läuft.

Alle drei Analystenhäuser bewerten die Aktie als "Kauf" oder "Outperform" und Kurszielen von 13 oder 14 Dollar pro Aktie.

[danpirk]

Übernahmeangebot!

http://www.theglobeandmail.com/globe-investor/cliffs-snaps-u…

[otto111]

hallo alle hier: was ist jetzt zu tun ,gleich verkaufen um das geld wieder anzulegen , Q2 ist einhalbes jahr bis zur übernahme ,oder noch warten ob sich noch was tut ,ein gegen angebot ,oder großaktionäre sagen nein und es wird aufgestockt

[Walhalla77]

Antwort auf Beitrag Nr.: 40.850.318 von otto111 am 12.01.11 19:39:09

Gute Frage , überlege auch gerade.
Aber ich warte mal ob da nicht noch ein höheres Gebot kommt.
Wir werden sehen...

[kiefernberg]

Antwort auf Beitrag Nr.: 40.850.454 von Walhalla77 am 12.01.11 19:58:09

auch Baffinland wurde übernommen, seit dem Angebot ging es noch massiv hoch mit der Aktie immerhin nochmals 50% stieg der Kurs




möglicherwiese ist hier auch ein Aufschlag drin....

[arzureus]

Habe heute von meiner Bank eine Nachricht mit folgendem Wortlaut erhalten:

Sehr geehrter Depotkunde

die Gesellschaft plant, mir der Jinqing Mining Investment LTD zu fusionieren.
EX-Tag: noch nicht veröffentlicht
Barabfindung je alte Aktie 2,60CAD

Sofern der Fusion auf der HV zugestimmt wird, werden wir Ihnen die Barabfindung nach Erhalt über eine Verkaufsabrechnung vergütet.

Wenn ich das richtig verstehe gebe ich meine Anteile für 2,60 CAD zurück bekomme aber keine Anteile der neu entstandenen Firma. Klingt für mich bei einem momentanen Kurs über 12€ nicht wirklich interressant an. Oder liege ich da falsch? Für eine Erklärung von Euch wäre ich dankbar.

Gruß Arzureus