The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
1.38 to buy
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Google finance has krs listed at 0.47
The future is bright "Gold" Didn't you pick the ticker code name Oil.........?
Think there will be more bigger buys coming in. Good time for getting in at this price. Gla
TR-1: Notification of Major Interest in Shares
Nice little top up bj. It all helps to bring your average down. Sounds like you was first in around same time as me. Ive been doing small top ups to get lower myself.
Yes Looks like its starting off quickly, Great work, :-)
Ferrex plc, the AIM quoted resource development company, is delighted to announce that following the acquisition of a five year tribute agreement, to mine certain defined gold deposits located on the leases owned by Norton Gold Fields Ltd a subsidiary of Zijin Mining Group Co., Ltd ('Norton') to mine in the heart of the Western Australian goldfields, initial fieldwork has commenced. This is in line with its goal to commence initial gold production of 20,000 to 30,000 ounces per annum in Q2 2016. A detailed land survey is currently being undertaken to assess the existing drill holes and previous mining operations, which have historical resources of 5,741,155t at 2 g/t of gold for 363,599 ounces. The survey will be used to finalise an initial, high priority, in-pit grade control drill programme before the end of December 2015. As part of Ferrex's mining development plan it will initially target shallow laterite and oxide deposits to generate near-term revenues. The deposits comprise previously mined pits with remnant economic material below the pit floor, previously unmined near-surface deposits and other high-grade underground opportunities. Ferrex Managing Director Mr. Dave Reeves said, "With limited work and capital required to commence gold production in Australia, we have hit the ground running in line with our target of delivering first production in Q2 2016. A small-scale drill programme is set to start ahead of the New Year to formally confirm the grades identified as part of the historic resource of over 350,000 ounces of gold. This will provide plenty of newsflow in Q1 2016, and we look forward to updating the market with this in the near term."
Up 26% lovely.
Dave has been and still is very busy working on this new direction where we are heading. Did you find some good info that you would like to share?
That is a good read Jim. Once people get wind of whats going on here the volume will pick up. This moves fast when it gets going. :-)
How do we feel about the Name change to KRAS .................? sound ok
Hi Oil. Just been reading. Thought would paste it. Hope ok. The Australian mining company Ferrex hopes to get the Togolese authorities a mining agreement for the exploitation of manganese on the site of Nayega (northern Togo). Nayega has the double advantage of having a high potential and offer relatively low extraction costs. According geological studies of 92 930 hectares, manganese values ​​are up to 39% greater than the original estimates. The company is the 250,000 tonnes exported every year. The manganese is used for the preparation of alloys such as steel, aluminum, batteries or fertilizers. To finance this project, Ferrex intends to use the Australian Mining Chaffers he just bought and which has significant gold deposits. The company said in a statement it expects the mining permit issued by the Togolese State.
Getting live buy price of 0.44
I would think its relating to changes from ferrex shares into Keras Plc shares as part of the change over.
Oil. Best give google the heads up on the name change. They not the fastest at changing. Lol
New name new start.
Ferrex, the AIM listed resource development company, is pleased to announce that it will be attending the Gold, Bears & Traders Show at the Queen Elizabeth II Conference Centre in Westminster on Saturday 28 November 2015 from 9:00 am to 5:00 pm. Managing Director Dave Reeves will be available to discuss the Company's recent activities, which include the acquisition of a gold production project in Australia which will deliver cash flow in Q2 2016 with no upfront expenditure. Dave will also be presenting at 4.00pm in the Bronze breakout room. To register to attend please follow the following link: http://www.goldandbears.com/. To secure one of five tickets please contact Elisabeth Cowell at St Brides Partners at +44 (0) 20 7236 1177.