Register
Login:
Share:
Email Facebook Twitter


Market analyst Rajan Dhall talks about the financial market


Pathfinder Min Share Chat (PFP)



Share Price: 0.65Bid: 0.60Ask: 0.70Change: 0.00 (0.00%)No Movement on Pathfinder Min
Spread: 0.10Spread as %: 16.67%Open: 0.70High: 0.70Low: 0.60Yesterday’s Close: 0.65


Share Discussion for Pathfinder Min


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


fundraiser222
Posts: 2,023
Off Topic
Opinion:No Opinion
Price:0.65
RE: Fundraiser222
Tue 21:48
Thank you for sharing that research much appreciated and very informative, let's hope for some positive news when we get the full chairmans report and update in the next few days, I think the mms have flushed out the sellers today and acquired some cheap shares by the looks of the trades, perhaps they know more than us... usually the case
 
longandwrong
Posts: 906
Off Topic
Opinion:No Opinion
Price:0.65
RE: Fundraiser222
Tue 20:50
Of course, we still remain a binary bet so take care getting too carried away on this one. I have been in here for 6 years as too are many on this board. GLA
longandwrong
Posts: 906
Off Topic
Opinion:Buy
Price:0.65
RE: Fundraiser222
Tue 20:48
My current price projections, for what they are worth are: 3p to 5p on immediate return of licence, raising the market cap to a maximum of £9 million. Then when the DFS is restarted I am looking at 8p with a market cap of £15 million, and when the DFS has completed 11p on a market cap of £20 million. Moving into a successful funding round to put the mine into operation could see the price accelerate to 25p with a market cap of £45 million or to translate that a 40 fold increase on today's valuation. When in production, the sky is the limit, especially as market prices for HMS continue to rise, the licence has done well to sit dormant throughout a difficult period for commodity prices. The timing here is perfect.
longandwrong
Posts: 906
Off Topic
Opinion:Buy
Price:0.65
Fundraiser222
Tue 20:23
Hi Fundraiser222, I am happy to share some of my research with you. Back in 2011 URS Scott Wilson did some valuation work on the proven and inferred resource while working on the scoping study. They computed a NPV over the 71.7mt contained heavy minerals of $529mil. I have run numbers using latest prices for Ilmenite, Rutile and Zircon and with the same 10% discount rate as Scott Wilson, and with a 30 year mine life I have a figure of $1.6billion. So, a world class asset indeed. Also, don't forget, the mine is not virgin unexplored territory as BHP Billiton spent over $29 million, drilled 3,000 bore holes and built out some infrastructure on the site. Unlike other mine start-ups, this licence territory is well explored, reserve proven and ready to go - with none of the uncertainty typical of mining exploration investments. GLA
fundraiser222
Posts: 2,023
Off Topic
Opinion:No Opinion
Price:0.65
RE: Research so far
Tue 19:45
Sorry for the multiple posts but just wanted to share some snippets of what this share is all about, high risk huge rewards and very much hoping for a positive case update in the next 3 days when the finals are released, it will be very interesting to see what the directors have to say on the case status and progress over the last 12 months. This will easily get back to a £20m mcap imo if/when the moz court upholds the uk court decision, the sooner the better for all involved and for investors buying today a 20 bagger or bust seems a very good gamble to me, best of luck to all investors new and old
fundraiser222
Posts: 2,023
Off Topic
Opinion:No Opinion
Price:0.65
RE: Research so far
Tue 19:40
A company spokesman said: 'The board is optimistic that the Mozambique Supreme Court will recognise the English High Court judgment because there is precedent there for recognising a foreign judgment.

'There are many foreign companies interested in doing business in Mozambique, given the country's vast natural resources, so it is natural that foreign investors will want to have comfort that the jurisdiction of their country's courts will be recognised there,' the spokesman said.

Bellingham is understood not to be leading negotiations with the Mozambique government.

'Sir Henry Bellingham is a non-executive director of Pathfinder and provides valuable strategic counsel to the board and an appropriate level of governance oversight,' the spokesman said.
fundraiser222
Posts: 2,023
Off Topic
Opinion:No Opinion
Price:0.65
RE: Research so far
Tue 19:35
Although much has happened in the industry since the expropriation in 2011 (some good, some not), the licences have considerable value. Even using a conservative valuation methodology, we believe the land package is worth a multiple of Pathfinder's current market cap. At its height, the stock was worth £85m and the last major institutional placing (£11m in July 2011) was done at a £50m valuation post-money or 50p per share. This followed the mining ministry’s granting of a full concession licence on the Moebase acquisition. Shares currently trade at 0.07p, for a c.£1.0m market cap.
fundraiser222
Posts: 2,023
Off Topic
Opinion:No Opinion
Price:0.65
RE: Research so far
Tue 19:34
The Mozambican Supreme Court has previously rejected a small English court “Cost Order” (which ruled in favour of Pathfinder Minerals Plc) while upholding, with one exception, all of Pathfinder’s arguments. The exception was a bizarre technicality on the wording of a jurisdiction clause. Pathfinder’s lawyers have, however, found a precedent in Mozambique involving HSBC where a foreign judgment with a similar worded clause was accepted, and are appealing it. This bodes well for Pathfinder.
fundraiser222
Posts: 2,023
Off Topic
Opinion:No Opinion
Price:0.65
RE: Research so far
Tue 19:33
Pathfinder Minerals (Pathfinder) has emerged as the owner of a titanium dioxide exploration project in Mozambique that may shape up to be comparable to the nearby Moma Mine which is owned by Kenmare Resources (Kenmare). It has been the appreciation of the true potential of the Moma Mine which has served to propel Kenmare’ market capitalisation to over £700 million level which has catapulted the stock into the FTSE 250 index. It certainly seems that the market is waking up to an increasing shortage of titanium feedstocks from 2012, which has been highlighted by a number within the industry as well as Kenmare which is in the midst of a 50% increase in production to help meet this perceived shortfall.
Latino
Posts: 3,364
Off Topic
Opinion:No Opinion
Price:0.65
RE: Research so far
Tue 19:31
Doing it wrong way round...should research first before jumping in! Remind me of my early days as a PI...GL




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.