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Placing imminent and MMs dropping it to at/near expected level. They were out doing presentations which usually means the begging bowl follows. 1 mill cash at end of Feb, follow up RC campaign @ Lighthouse to come.
I guess like many I m struggling to see near term upside here... In recent times it takes either a major to show interest or bonanza style grades The real value here is in Papua New Guinea with the massive targets but seems they ran out of cash for that
All planned in the next financial year or less ..weather depending..all done by next September..
Hello everyone, Do you have any idea how long does it take to complete the geophysics to better know whereto drill? Thanks for the help
Appreciated commentary ,thank you. Fledgling co though in many respects?
Well undervalued....?.best value in junior mining stock ...imo
"Good way to assess #PML which imo is way undervalued at moment | Papua Mining Plc: Updated Company Presentation" https://twitter.com/pauljohnson9691/status/961564183291670530
So last placing (Oct) was for 1.85 mill, plus 270k separately raised from directors and now cash is @ � 1 mill. Impressive spread of assets but looks like the begging bowl will be out after the presentation. It's a shame the programs in New Guinea are high cost, as thats where the true multi bag potential is here (Sol Gold like price explosion). I am expecting a placing around the current price level to advance Lighthouse
8 February 2018 Papua Mining plc ("Papua" or "the Company") Updated Company Presentation Papua Mining plc, the UK company focused on exploration and development of gold and copper deposits in Australia and Papua New Guinea, is pleased to announce that it has published an updated company presentation on its website today which can be found at the following link: http://www.rns-pdf.londonstockexchange.com/rns/2422E_-2018-2-7.pdf
What a lot of informed crap fromGK
the general downside selloff here I see. The shock comes from the spectre of inflation. However inflation is disproportionately good for commod cos. Even more so for the small players sitting on the right assets, with the potential to to have a highly geared response. For PML I see the downside (ie wipeout) being around just 1/20th the magnitude of the potential upside. PDYOR. GK.
"Apparently the low grade #PML troll is also on #THR boards bashing away. Hmmm 😀" https://twitter.com/pauljohnson9691/status/960837265206464514
"I understand #PML being bashed on lse by quite a poor quality troll. Wonder who is short #PML then. Will now buy more." https://twitter.com/pauljohnson9691/status/960836916395565056
Haha told you so... He was the same with GGP and THOR... Rampy Rampleton
"Mkt so wrong on certain resource share valuations it's wonderful. So much opportunity! #PML on basis of recent RNS should be multiples ⬆️imo" https://twitter.com/pauljohnson9691/status/960820014071926784
Yes it won’t be long before he starts ramping the hell out of this share.. I say within the next couple of weeks.
Paul Johnson has tweeted that he's topped up his 6% holding today.
Won’t be long untill this starts to move north imo..
Is an understatement here! Those results and the significance of the similarity to local mines with 1.5mt has been missed imho. David Price now needs to shout about the potential here from the rooftops if needs be to get the market to take notice LOL! GL.
If you want to speak with David Price ...he is doing a presentation in person on the 15th Feb in London , courtesy of Share Talk
It might have something to do with it. but like him or hate him he is good at making money, and if you matched his investments you would do too. This is a chance to get in at the beginning of the story at a price substantially lower than his buy-in (he was buying up to 1.54). It's not one of those situations where is talking up a share while he exits (as some accuse him of). If he makes profit of PML you will make more
It blows my mind that this is red today. Maybe people just don't like/trust PJ and he is a 'major shareholder' here??
Hi Has anyone out there had any luck in communicating with PMLs Ceo,David Price? Ive emailed him recently pointing out Paul Johnsons's recent critical tweets about lack of company promotion,despite the good drilling results and also asking if PML may consider getting involved with a similar trading facility/link up as Lionsgold have done(LION)...see what effect those announcements had on Lions sp. No response so far from DP which sort of proves Paul's point.
Cant believe this hasn't gained more interest. Anybody out there?