Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
sands - they reported an estimate of at least 1 - 2m oz back in October 2018 however this is an exploration target based on previous drilling results. The maiden resource confirmation will be more detailed and JORC compliant and likely report a concentrated area of the licences they hold, like a starter pit and its potential. Going forward in the future (if it gets that far and HUM don't take CORA out) they will get the whole area explored and drilled and in to resource!
Excellent news, progressing very well! COAR should hopefully continue to climb back towards the 8p area over the next few weeks. Its all positive and low risk along with a strong POG to back up any discovery and closing in quickly on the maiden resource confirmation by Q4, still further drilling results to be reported too!
Snowman10andy - false spread.....its only about 7.5 - 8.5% you can sell at 4.75p and buy around 5.2p that is the real spread.
Bit of a comparison and something to consider here holding CORA at this level and with a MCAP of around £4.5 - £5m. At IPO HUM had approx 812koz at 1.3g/t and they listed with a valuation of $100m pre money and then raised around $40m!!!! If gold continues to do well and market continues to invest in to more gold producing and especially low MCAP gold explorers like CORA then the lid will not just be blown off here it will be obliterated!! It has been nearly 10 years since gold had a serious bull run like we are seeing at the moment and investors reaped huge upside rewards, the patterns are the same and the rewards are HUGE!!! CORA MCAP at £5m puts them near the top of the list for investment in to a strong gold driven investing market! Holders sitting very tight and very happy here!!!
WOW! This little sleeping giant is on the cusp of roaring in to life........could end up over 2 million oz and at a current mcap of £5m and POG around $1450..........need i say more!
I was more than tempted to add (4k shares) building a lovely holding here.......thanks weak holders :)
Tankman2 - They were at 67% projected annual revenue at the 6 month end stage..........they will probably end up close to 25 - 30% over expected revenue for 2019. Nickelodeon signed a MULTI year deal! The traction is gathering and the business model is being fine tuned.....positive EBITDA for 2019 and will transition to profit making in 2019..........not many company's on AIM ever become profitable.....generally it is all "potential" - LVCG is high revenue creating, and profitable (2019). Revenue for 2019 to end of June is £4.4m, to end of 2019 projected at £6.6m and likely to end up around £8 - £9m!
Let the dust settle on this recent sell off and let some new investors in, attract those that sold looking to get back in cheaper, they will scramble to get back in below the price they sold, suddenly sentiment has changed and the slow and steady upward trajectory begins..........patience, guts and conviction will pay off massively!
FossilBoy.......the business is BOOMING!!! Its just weak holders and the mm's happy to pull it back on very little selling volume, its all part of the AIM casino sadly and why over 80% of AIM investors lose substantial amounts of money. This is one stock i am happy to chase down with top ups to average down and reap the rewards when it does move back up. Won't be long until more lucrative national and international deals are announced, the revenue for 2019 will be smashed, events and shows will increase above expectation and i expect one or two compelling and very well known partners will be announced. its all fuss and noise and selling at a loss that is hurting the sp. Fundamentally this stock is more than solid!
(Alliance News) - Live Company Group PLC on Friday said trading in the year so far is in line with market expectations and it expects to exceed its event target.
Shares in Live Co were up 3.1% at 50.00 pence in morning trade.
Speaking at the company's annual general meeting, Executive Chair David Ciclitira said the company has so far secured 67% of its 2019 revenue.
Live Co, a operator of touring Lego-based events show Bricklive and Ciclitira, expects to beat its 60 event target, as 52 events are already confirmed for the year and there are "several more in the pipeline".
As at June 30, Live Co was trading in line with market expectations and said it had "secured multi-year contracts with a value of GBP4.4 million for 2019 and GBP1.3 million for 2020". The firm's 2018 total revenue was GBP5.4 million.
Also at the end of June, Live Co owned 690 brick models, up from 650 on March 31.
The company also said it has "taken note of shareholder comments" and is intending to appoint "a non-executive with relevant PLC experience" to chair its remuneration committee.
Further, Ciclitira will not accept his 500,000 share bonus, which was agreed by the board in the event that Live Co met its performance target in 2019.
"Whilst, I remain fully committed to achieving this performance target and driving value for the group, I can confirm that should the performance target be achieved, I have decided not to accept the award of the bonus shares," the chair said.
"Looking ahead, we remain focused on delivering our ambitious strategic goals and hope to exceed market expectations, creating long term value for our shareholders," he added.
"Delay in new plant" Dear me this stock really does attract some flumps!
HUM HAVE MANAGED YET AGAIN TO PROCURE AND COMMISSION A SECOND BALL MILL ON TIME AND ON BUDGET!
Or was that just a "knee" jerk comment.......
Shear.......its not dot to dot.....you don't read a trading update and then connect the information to create false statements. The trading update is reassurance that everything that LVCG are doing is on point. Profit making company, half way through the year 17% ahead on a 100% basis with revenue target. DC has said "no thanks" to a 500k shares bonus.......VERY RARE for an AIM company Exec Chairman to turn down any form of bonus......this demonstrates that he is fully committed to building this international business!
They don't burn through cash this isn't an O & G explorer with drill programs to feed, it is a cash generative business and they are above target with FY2019 revenue! The placings that LVCG have done have not been to light the boiler or keep the lights on they have been strategically engineered to grow the business, the last placing was to service high demand for building models, it was a positive raise hence it was done above the sp price at the time and DC himself put £250k of his won money in. The market will recognise this commitment going forward and taking a position in LVCG sub 50p will pay off handsomely in the future.
This trading statement is absolutely on point and completely reinforces the growing strength and huge future potential of LVCG. Merchandising could bring in alone over £1m in the next 12 months if not even more, this is a revenue stream on the back of the sets and models they build. The growth and excitement around LVCG and its business ethos and model is very pure and very very lucrative. they have been trading for little over 18 months and they are emerging as a positive and profit making business.
Well done LVCG and DC for spelling out to the market the stability and huge growth that the company is capable of delivering year on year!
Yea mine was last one 3k shares.......current bottom so news due and more updates will see us back over 50p soon.
I was only referring to the procurement and construction of the ball mill......no opinion on Bunker Hill other than it is still a mystery and if HUM really put together a plausible reason to shareholders as to why they see value in this investment then great. Sadly the PI's want to destroy sentiment without knowing the full facts on the matter.
Can't fault HUM on their continued excellent track record and effort in building operational plants and extensions to the plant. They really do come out smelling of roses every time! Well done again #HUM!
Now for LOM extension, Q2 numbers and lower AISC please :)
LVCG next on the list!
Drill results due well before year end!
I would say so Lobon......gold at $1430 - $1470 makes the mcap ridiculously cheap!!!!
Gold is steaming ahead......HUM has settled to a slightly better level. New Ball Mill well underway, Cora poised to add to the potential, Rainy Season now underway and hopefully lessons learned from last year! Sentiment may just be favouring the gold miners for the foreseeable!
Lord Farmer bought a shed load of shares in the April placing at 3.85p
Well that is certainly a green flag! Significant shareholder increases stake!