Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Here is webinar video from earlier this evening. Orosur portion starts at 32 mins 30 secs…….
https://www.youtube.com/watch?v=79NkHMP6jxs
Group 11 just released today what looks like good drill result news, but it’s not for Stonepark:-
https://ceo.ca/@newswire/group-eleven-discovers-high-grade-massive-sulphides
Hopefully Stonepark comes next…..
Why do this raise now at 10.35p if stellar drill results are just about to land ? Makes no sense
The Canadians are already watching in anticipation……..
https://ceo.ca/omi
Whilst mostly being about the comparative market cap, it’s fair to say that the share count comparison does have some secondary importance. Many institutional investors particularly overseas based will steer clear of stocks where the share count is up in the billions.
@neutronic…….they will likely pursue US sites for the trial because of this:-
https://www.lse.co.uk/rns/AVCT/fda-approval-of-ind-application-for-ava6000-nk8y5xvu4bqgpah.html
As for the Nasdaq….it’s the worlds premier market for pharma stocks with its large trading volumes that promotes for true market value discovery, etc etc.
This 4th cohort should be the opportunity to now get a US based site actively involved in the Phase I trial. That will likely bring more of the US based pharma industry eyes onto Avacta in the coming months. Also does no harm if a Nasdaq listing is in the pipeline…..emoji wink.
Very good point just made by @samjrobbo over on Twitter about the “Tolerability”…….
https://twitter.com/samjrobbo
Things look to be moving back in the right direction here based on todays RNS.
Here’s a reminder of the last presentation (dated end June) taken from the OMI website for potential new investors taking a look in here after seeing the recent positive price action. Slide 11 for the Colombia Project lookahead highlights is the key near term game changing driver….
https://wp-orosur-mining-2021.s3.eu-west-2.amazonaws.com/media/2022/06/June-2022.pdf
Currently today in Canada the trading volume for OMI is circa 10 times greater than the average daily volume and the market is still open for 2 more hours. Bodes well.
https://ceo.ca/omi
Solar panel sales boom - main stream media news article:
Solar panel sales boom as energy bills soar https://www.bbc.co.uk/news/business-62524031
The 3.75 million shares trade looks like a sell based on the time/price. Explains the SP drop today. Anyway it’s done now with someone wanting out despite there being plenty of news to look forward to here in H2 2022.
For info…..just checked again on the Serabi website and the Premier Miton holding has now been updated from the previously defined 6.5% value to become the 4.77% value as defined in yesterday RNS.
https://www.serabigold.com/investor-centre/share-structure/
Strange TR-1 content……my understanding was that Premier Miton was already long term holder of 6.5% of SRB stock (this value is still today the defined value on the Serabi website as per link below) and so if this latest RNS is now showing their holding down at 4.8% then they have reduced their position by circa 1.7%.
This could explain the selling pressure we have seen in recent times despite the positive news for Palito operations and Matilda drill results. I hope this RNS reflects that they have now stopped selling and will hold their position at 4.8% going forward.
https://www.serabigold.com/investor-centre/share-structure/
Awful placing price……..it looks to be a bad time in the markets for Companies to be needing funding and with global recession likely looming in the coming months then it’s probably going to be getting worse.
Recommend investors should be actively assessing their portfolios now and looking to offload similar at risk stocks where funding is likely needed by them within the next year or so.
Low price warrants involved……that’s a big time selling overhang catalyst for the foreseeable.
It’s an important success factor to have robust local content / community relations set-ups in place for our Projects. It acts to support with many key aspects such as: ensuring suitably skilled workforce, high levels of staff retention, promoting harmony with local community, etc.
Just spotted this RNS from Eqtec released this morning. Excellent to see Petrofac picking up these type of non O&G projects to enhance their industry diversifications going forward.
https://www.lse.co.uk/rns/EQT/petrofac-selected-for-feed-on-billingham-project-kmdl0hi5jcqhbna.html
I am a strong holder here so this is no de-ramp but from my calculation the June production is down quite a lot (circa 15%) from the April/May production. This to me is surprising considering that they should have been benefitting in June from processing of some Coringa development ore trucked up to Palito:
Q2 production = 8418 ounces
April production (2919 ounces) + May production (2949 ounces) = 5868 ounces
Hence June production = 8418 - 5868 = 2550 ounces
Don’t really like the way that the Serabi RNS has tried to hide this aspect so as to avoid giving reason(s) for the 15% production drop in the past month.
Unlikely to see a rise in the SP today on this basis, in fact probably a small drop.