Member Info for Del786

8p and greats are excellent.. Awaiting assay..

Finnaust Mining Wedge Formation Break Leads Back to 5p (FAM)

Over 100K worth of delayed buys.. Around 80 million shares free float.. Fully funded for drill & awaiting assay results... So far the grades have been great and the size of the area has increased significantly.. Great opportunity as broker target is 8p

A further 1.6 million... Paying premium price. This hopefully will do well

Now on everyone radar.. Expect this to do well tomorrow, more people will want to be holding as we await assay results.. The beauty of this share that 67% is held by western areas which means very little free float.. The recent rises like WRN,Klg & several others have done well because of the amount of shares in issue.. Some that have had recent huge rises haven't had any recent news.. We have a broker note of 8p.. Expect it to get to 52week high..

Polymetallic Discovery at Hammaslahti Project continues to grow - mineralisation now intercepted over 500m along north to south strike and all holes in first cross-section HIT mineralisation

http://www.proactiveinvestors.co.uk/companies/stocktube/2415/finnausts-ceo-says-recent-finland-deal-is-transformative--2415.html

We now no that drop was to fill that order.. 67% of the shares are owned by western areas .. Very little free float.. Fully funded.. Assay results due soon.. Broker target 8p.. NO BRAINER

25/09/2014 - HIGHLIGHTS · The Company has extensive holdings in Finland covering approximately 4,710 sq km, primarily targeting Volcanogenic Massive Sulphide ('VMS'), high-grade magmatic sulphide nickel-copper and Outokumpu type copper deposits · FinnAust Mining's Exploration Rights are located in a prolific geological belt, which includes the famous Outokumpu copper mine and other high-grade mines. Three high-priority target areas have been identified: o Hammaslahti - Targeting extensions to and structural repeats of the Hammaslahti mine sequence. FinnAust Mining's first drill campaign in 2012 intersected 3.4m @ 11.5% copper and 3 ppm gold down plunge o Outokumpu - Focussing on the copper belt famous for its high-grade deposits. Four targets identified for immediate drill testing between, adjacent to, and along strike from the world famous Outokumpu copper mine 1908-1999 (42Mt @ 3.1% copper + credits from the whole belt) o Enonkoski - Identified extensions and repeats of high-grade nickel-copper mineralisation discovered at the old Enonkoski mine, which included a drill intercept of 15m @ 6.9% Nickel and 2.0% Copper · Significant investment in exploration and development of Finnish assets to date, which has confirmed the wide spread occurrence of base metal sulphides and the continuation of mineralogy along strike from producing and historically producing mines in a range of different geological settings · High-impact 10,300m drill programme to commence imminently - follows 3 years of targeted geophysical work and initial exploratory drilling (inc 3.4m @ 11.5% copper and 3ppm gold at Hammaslahti) · Work at Hammaslahti has commenced with a geophysical crew and drill rig already on site - plan to drill circa. 400m by end of Q4 2013 · Exploration utilises ZTEM, an innovative new airborne AFMAG (Audio-Frequency Magnetics) system - base metal mineralisation is associated with massive sulphides, which tend to act as sub-surface electrical conductors

High priority targets Hammaslahti, Outokumpu and Enonkoski have already been identified in a region which hosts multiple high grade mines including the world famous Outokumpu copper mine.

December 2013 --------"Western Areas has a proven track record in acquiring and developing resource assets having identified from greenfield exploration and put into production two high grade nickel mines. They remain totally committed to the development process, underlined by their investment of a further £1.8 million and the appointment of Dan Lougher and Graham Marshall, respectively chief executive and general manager of Western Areas, to the Board. "We are targeting high grade, high impact exploration. We are in the right location and with an experienced and committed team, a strong cash position of £3.4 million to develop the assets, a defined exploration programme and a highly prospective portfolio, I am confident that FinnAust Mining is an exciting investment opportunity."

Very little-----------Western Areas Limited owns 167,500,000 ordinary shares in the capital of the Company representing 67.8 per cent. of the issued share capital of the Company.

Their were sh it loads of buyers at 4p..they dropped on several sells. With a broker target of 8p..awaiting assay results ..no brainer

Solid cash position of £1.5 million and fully funded for rolling drill campaign

Reckon this will do well tomorrow...awaiting asssay results which could see rises like klg..------------------------FinnAust Executive Director Alastair Clayton said, "With this latest batch of drill holes, the recently discovered Hammaslahti lode is beginning to grow in size and potential.  Holes R328 to R330 represent the first east to west section across the lode, and accordingly it is especially pleasing to report these further strong grades.  Considering that we have now intercepted mineralisation at the recently completed R331 hole, for which we are currently awaiting assay results, we are confident that the lode extends over 500m across the north to south strike and over 125m in the east to west.  It is also clear that it remains open to the south, east and west.  Consequently, the forthcoming holes have been designed to extend the lode further in all directions, and we look forward to reporting these assays when they are available to us.   "We believe that due to the lack of historic near-mine exploration conducted by state-owned operators, further lodes exist in proximity, and naturally we will focus on identifying these going forward as part of our rolling 10,300 metre drilling campaign.  This way, we hope to start understanding the full potential of the Hammaslahti Project, and to identify the highest-grade portions of the lodes, so that we may formulate a future work programme for its development."

8p...

Too strong

Quietest time of trading ..pm will see a massive gap up

Building support then gap up..

Exactly...look at the tiny market cap