PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Will pop on many radars when we get the rig news. Oil revenue at premium to brent in Vietnam.
27/3 "advancing plans to drill the potentially transformational Block 125 in Vietnam"
£6m market cap is just too low here with Copper at all time high and we have a nice licence here with First Quantum Minerals a major.
Some assay results pending and due any day from the 9 RC holes totalling 780m which were completed at Chipopa testing.
"Arrow believes the horizontal wells at Carrizales Norte will be transformative for the Company, resulting in a step change in production"
Posed a question on the new ZNWD investors hub.
Excellent initiative and very encouraging to see the engagement with investors.
Could I please ask, now the European critical raw materials act has been enshrined in law, when do you envisage the application process opening for our asset / project to be put forward for consideration as a strategic priority.
Many thanks,
Elias
Within the small cap world African Pioneer are in a fortunate position not to be swimming alone, but rather as they are being with a major quality partner such as First Quantum Mineral who have exercised their option over the 4 licences African Pioneer have in Zambia.
This is a very exciting asset with near surface copper. The outlook for copper is much publicised and looking very good.
Colin Bird has previously hit big with selling a copper property in Northern Zambia to First Quantum Minerals for US$260 million back in January 2010 when at Kiwara Resources.
Hopefully he can replicate it again with FQM
With the EU critical raw materials act now set in Law with Lithium of strategic importance.
The news very soon will be an application by Zinnwald to be one of the EU strategic projects for fast tracking.
Zinnwald lithium project in Germany now EU's 2nd largest and getting the green light by the EU will set the company and its share price on a fast upward trajectory.
https://www.consilium.europa.eu/en/infographics/critical-raw-materials/
Just signed up for the new interactive investors hub.
Zinnwald Lithium CEO, Anton du Plessis, commented: "We are delighted to launch our new Investor Hub, which will allow us to share more content and insights about our activities and plans and facilitate increased engagement with shareholders. We encourage our stakeholders to trial Investor Hub and to provide feedback."
Please leave your questions below and we will endeavour to respond as soon as we can.
https://investors.zinnwaldlithium.com/announcements/6325990?fromLink=true
2024 Capital Budget of $50.9m, 15 wells in Central Alberta, Simonette, and its northern Clearwater acreage.
Forecast exit 2024 production of 20,250 - 21,250 boepd
$70 - 75 million of 2024 Net Operating Income and $55 - 60 million of EBITDA
Caledonia's Blanket mine lifts its first-quarter output by 6% y/y
https://www.miningweekly.com/article/caledonias-blanket-mine-lifts-its-first-quarter-output-by-6-yy-2024-04-10
James Mufara commented:
"I am excited that I will be joining Caledonia and look forward to working with the talented team to drive operational performance across the group's high-quality portfolio."
A key info the market has not grasped is the life of mine at Blanket has been extended from 2034 out to 2041.
This will be highlighted in the will revised report on resource and reserve soon.
Another key factor is Caledonia maintained their quarterly dividend, goes ex on Thursday, which as the CEO stated "reflects the good start to 2024 and our confidence that the remainder of 2024 will be strong"
Liberum notes the buy rating on a strong start to 2024 at the Blanket mine, and according to the broker in the coming weeks we should also see two potential material catalysts (updated Blanket resources; Bilboes sulphides studies).
https://www.proactiveinvestors.co.uk/companies/news/1044386/caledonia-buy-rating-restored-by-broker-ahead-of-material-catalysts-1044386.html
With gold trading at all time highs I would expect Caledonia Mining to be trading well above £10 per share.
Next quarterly dividend coming up, with ex date 11 April.
Plenty of upside
"Our 2P reserves are valued at over USD 1.0 billion or £0.67 per share, demonstrating the value potential of this portfolio, and the scope for many years of growth from a total shareholder return perspective"
Very good new CEO interview with Zak
Interview: Dan Betts, CEO Hummingbird Resources
Zak Mir
https://on.soundcloud.com/YbYA7rqcy8vMWCRJ9
Really good ti see the tender offer and daily share buyback (40,000 on Friday), results due 19 March also. Could be a short squeeze brewing.
Excellent set of interims, looks like Pan African will hit the top end of the full year Gold production guidance c 190,000oz, and of course as Loots notes, Mintails will return “enormous value” when it starts production.
https://www.otcmarkets.com/financialReportViewer?id=392417
Resolute gold production guidance of 345,000/365,000oz at an AISC of $1,300/1,400/oz.
New presentation
https://www.rml.com.au/wp-content/uploads/2024/01/Q4-2023-Presentation-1.pdf
Hopefully now HUM can focus on substantially increasing production in FY24.
"Group production guidance for FY-2024 of 165,000 - 200,000 oz at an AISC below US$1,500"
https://www.londonstockexchange.com/stock/HUM/hummingbird-resources-plc/company-page
That was a really impressive H1 operational performance from Pan African with Gold production 98koz vs 92koz and AISC below guidance at $1300.
On track with the MTR Project and commissioning of Barberton’s solar PV plant.
Gold over $2,000 and with a low AISC we should be over 20p here.