George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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Says there is a podcast this weekend he says looking forward to hearing this one?
So am I then
284k buy from Tuesday delayed print over 24 hours.
That’s why MM’s were keen for stock.
A continuation of the pattern of insiders loading up.
Once Noel Lyons finished with his broom and shovel, things looked a lot brighter. the new additions, financing with a definite direction puts EDL/Shuka as you say on the strong buy list .
SOS you never know we might just get a chunk of our hard earned back sooner rather than later, it has been a long haul !
Have been here a few years now !!!! never really seen confidence like this, and I mean in the number of blue trades and the rise from was it 5p or 6p at it's lowest?
They need them for what is coming.
We’ve seen loads of those since the big news broke and it has never stopped the rise as demand is there.
In fact, the market welcomes it.
450k looks like a Spreadex trade, we shall know in a couple of days no doubt.
Maybe they have something to take up the slack like below.
But poor planning and lack of investment is steering the global economy toward a much more difficult future… One that will be mired in scarcity and far higher energy costs.
It’s why commodity stocks… From oil, gas, nickel, rare earths to copper, offer enormous long term upside for investors able to look beyond these short term market pressures.
Given this sector has endured heavy selling in 2023 investors are well placed to snap up bargains before this long term theme gains momentum.
Big question here is the 450 000 unknown are the sell or buy the other numbers in sell and buy seem to be counted for but not the 450 thousand unknown
The unknown is it sells or buys cannot decide on the lots as the 200 thou approximately is buys and the 100 thou is sells but the Unknown is not in the equation so what are they sell or buys.
Hopefully you are all on also the telegram Shuka group to get a better understanding ?
No diamonds in the coal it don't work like that.
Possible diamonds down there with the coal with the pressure formed as the coal was pushed up to the top
What has Edenville got the the firm wants to buy into for the future,
Is there something more than coal in the ground owned by Edenville
Have they discovered it when mining the area
I suppose all will be revelled in the near future.
The rally will only gather strength as insiders load up whilst others scratch their heads thinking about the past.
Jason has made clear that he is here to bring value and fast. It’s happening.
This project is being finalised for Shuka.
QGC is further investigating more exciting opportunities across Sub Saharan Africa and the Globe.
QGC is currently in the end stage negotiations in respect of a high-grade Zinc and Lead asset in the heart of Zambia.
Which Project site has produced results of the presence of Zinc at an average grade of 13.3% and Lead at an average grade of 3.3% with the reserve set to yield approximately 6.8Mt.
The site further presents opportunities for sulphide ore mining as well as further exploration in the hopes of increasing the current declared yield.
This transaction will represent a value growth increase from 801 Million USD to 1.03 Billion USD.
Rules/Rukwa predictive text
I think JB made two things clear, Rules is a valuable asset producing coal, the value of which has yet to be determined, as a producing asset or as an asset to be sold.
But the main drive will be away from coal as financing is more readily available. The income from diversification is sometime in the future leaving coal as our only source of income, whatever that may be. Until the markets are updated we have no idea what that income is or will be.
Whatever's going on people are buying into it, hence the rise in the SP.
I've said before the only way to make the coal viable is to get another washer crusher, a large investment into the coal mine which may be difficult to fund.
The question now is where that money is best spent. The coal mine or minerals? I know my view on where the future lies for Edenville / Shuka.
I'd like to be excited here but my powder is dry until the good news flow.
Yes agree . Are you on the telegram group? I
I wouldn't expect the production levels to be anything special its about what and where we go from here now .
I think our new largest holder will be making a quick call on what do do with RUKWA if its viable and worth doing or to sell it and move direction.
I see the tick ups continue. Perhaps we will get that update on Rukwa and a clearer view of what a modest production is, bearing in mind they intend to exploit a new coal seam.
No mention of current or new contracts or the ability to fulfill them.
Pi,
We've hoped that would happen for the last decade or more
Hopefully should move upward alot and fast Bb
It is producing albeit what was the words …a modest amount ..
A good interview suggesting that things are about to happen here quickly, he was wrong about one thing and that is how much stock is in sticky hands.
I would suggest it’s more like 75%