Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Turning will see 2p
Buys this morning and only 8k left before 4.5 Lombard are done by the look of it. Can't imagine there's going to be much selling here into yr end with what's coming so the sp should appreciate strongly
guessing the massive sell volume today and the improving buy price is the last of lombards. often see a final large trade. If so I cant see much stopping s full on re rerate. if nickel hits �14000 pre xmas the gloves will be off for the final study early next year.
was a tongue in cheek comment. merely saying that some of the valuations currently on AIM miners is crazy compared to GEO. not a well followed miner at all by the masses but you just get the feeling that the next drill result....... if it returns and highlights the massive copper potential below the gold then the SP is going to look a whole lot different very quickly. John from SPA keeps giving out these clues like 'the gold discoveries will pale in significance to the copper drill results, and in an interview recently said that the copper resource looks like its going to be very big indeed.
You have ever wanted to know how high GEO can go short term..... take GGP with nothing x it by 10, factor in GEO will actually mine and add a factor of 3 because again it's a proven resource. (Ggp valued 3 times geo with nothing more than a metal detector and a postcode) = 3000p dyor
No mention of the depth extension of the 2 breccia pipes?
The company need to tell us about the depth extension and blow out concept first. Any sp predictions are pointless until we know that the model and theory is correct.
should be a serious run to xmas when the DFS is out this was when HZM was capped at 25mn "valued at a mere US1-1.5c/lb for metal in the ground at Araguaia, which on recent indications will look more like 8-20c/lb post-DFS" so now valued at around US3 c/lc. upside to 8 - 20 so between 266% and 666% upside to DFS
21 - 21.5
is also open in all directions! A semi-regional auger drilling survey outlined a coherent +100ppm copper-in-soil anomaly in excess of 3km x 2km
on its own. 57000t CU @ $7000 = $400mn and copper only going one way. Then there is the high grade gold. should see some bags by xmas �Copperhead� EPM 25531 copper project Copperhead is included in the �Global Mineral Resource Assessment� paper published by the USGS. The target is a bulk tonnage porphyry copper with visible mineralisation logged in drilling from surface to 300m depth
i can only think the drop has been created by the recent rns not being what the market expected / wanted. they are testing the depth of the deposit but have not yet confirmed. this could be a good sign but AIM hates delays as we all know. Still since the the days of when i first added my portfolio has moved on leaps and bounds thank god so a free add.
today. My first buy was at 16.5p and the story has evoled much more than 4p's worth since then.
gives you an idea of how cheap BNR is compared to its peers for the lithium alone. http://www.savannahresources.com/cms/wp-content/uploads/presentation/savannah-corporate-presentation-october-2017.pdf
copper + 4% edging toward 50mt resource cash flow soon In the short-term, the Company�s objective is to capitalise on the competitive advantage afforded to it by having access to a fully operational processing plant located 5km from the project site owned and operated by our local partner. This will create enormous benefit from the savings on capital expenditure, much shorter lead times to production and access to a well-developed local contract mining and haulage infrastructure, all of which offer scope for significantly improved operating margins. The Company is currently undertaking a 10,000m drill programme targeting an initial resource of 3-5 Mt copper/gold. This target has been set in consideration of the processing capacity available at neighbouring mines, owned by Georgian Mining Corporation�s joint venture partner. By following this strategy, the Company hopes to position itself to generate positive and sustainable cash flow from late 2017. Infrastructure Georgian Mining Corporation has signed a Memorandum of Understanding with its JV partner�s production company (RMG) to enable the Company to speed up the timeline to production. The MoU outlines mining and processing arrangements for the future production of precious and base metal ores mined from Georgian Mining Corporation�s licence area. The Company anticipates future contract mining and processing costs of around US$600 oz Au assuming an average grade of 1 g/t Au. Access to RMG�s processing facilities will significantly reduce both capital expenditure and the timeframe to production.