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Minoan Group: «Yes» of the CoE in the tourist project in Crete From Newsroom - 24/03/2017 | 9:25 Rejection was the decision of the Council of State for the two actions were brought before higher judicial authority from the area agencies and residents in the investment of 267.7 mil. Euro for the gross tourist complex in Sitia of Crete Minoan Group. Once again, the Council of State gave the "green light" to proceed with the investment, which has faced in recent years many legal entanglements. Recalling that request of the operators and local residents was the cancellation of the Presidential decree was adopted in early 2016 the Special Plan of Spatial Development Investment Strategy (ESCHASE) for investing in Sitia and the corresponding Strategic Environmental Assessment (SEA ). The applicants argue, inter alia, that the project area is a protected area of the Natura 2000 network which the Special Environmental Study was never signed, it never established the Management Agency and was never adopted any management plan. The management of the listed company on the London AIM market, for its part, was in advance optimistic about the positive for the company, the outcome of the new Board, as the planned investment had "passed" since the satisfaction of the competent departments of Council of State. The Plenary Council of State had unanimously decided that the draft Presidential Decree for the project, duly recommended by the government. Noting that the plan of Minoan Group provides 1,936 beds in 5 small units of 350 beds and infrastructures that are friendly to environment dimension. For this investment, the company already had the end of the 90s lease area of 26,000 acres of Toplou Monastery.
Bluebird Merchant Ventures - now trading arm is working and we can reveal it is dealing with Glencore - Buy - See more at: http://www.*************.com/views/21945/bluebird-merchant-ventures-now-trading-arm-is-working-and-we-can-reveal-it-is-dealing-with-glencore-buy#sthash.b08EFEhU.dpuf Earlier last week there was cracking news on the Batangas gold mine which - on its own justifies a multiple of the current share price. But now we have confirmation that Bluebird's (BMV) copper concentrate trading operation has banked its first cheque. More will flow and quickly. The company states that it has received payment from the smelter for the initial test shipment of copper concentrate that is in line with management expectations. It adds that the construction of the laboratory and other improvements at the processing plant is on schedule and nearing completion and it expects to renew the agreement with the smelter and to commence making regular shipments from the month of July. So we have proof of concept now we are set to see real cashflows which, again, on their own more than justify the current share price. The release does not say who the smelter, the partner, is. But we have discovered that it is a company called Pasar which is 80% owned by Glencore. So this is a real blue chip partner. As the market starts to appreciate what is going on we expect a massive re-rate. The stance at 4p and at up to 4.625p is buy with a target to sell of 8p within months. This really could almost double in good time if you buy today. -
Tip free on ************* now Bluebird Merchant Ventures - its ready to race ahead: buy By HotStockRockets | Wednesday 29 June 2016 Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from *************). I have no business relationship with any company whose stock is mentioned in this article. We have had nothing but good news from Bluebird Merchant Ventures (BMV) since its IPO yet the shares have fallen. But we know why and we tell you now you must buy. The reason is that a man owning 6 million shares which were the subject of a lock-in broke that agreement and sold, sold, sold. He had been an early investor so paid just 3p and clearly did not care about the law. His attitude: what are you going to do about it, laws are for little people. And he has got away with it. But he is now out. There is now no stock overhang. The other day Bluebird announced that its partner, ASX listed Red Mountain Mining Ltd has published a Pre-Feasibility Study ("PFS") for the Batangas Gold Project in the Philippines. Bluebird is a 25% joint venture partner in the Batangas Gold Project with an option to increase its ownership to 50.1%. The study shows Batangas Gold Project will generate US$ 34 million in free cash flow during first 7 years of production (after capital and pre corporate tax & admin) at gold price of $ 1,250 / oz) The lifetime number is obviously much higher as there is a maiden open-pit Ore Reserve of 128,000 oz of gold (incl. silver credits) including high-grade 100,000 oz at 4.2 g/t gold. The mine will have low cash operating costs of $ 735 per oz of recovered gold and very low up-front capital costs of $ 16 million, including new CIL processing plant. Bluebird also notes that there is an additional 320,000 oz of gold of mostly Inferred Resources remains available for future conversion Clearly 25-50% of this mine is worth a multiple of the current c£7 million market cap. It alone makes the shares very cheap. But there is also the trading side to Bluebird and we expect news very soon on that. With the stock overhang gone now is the time to BUY at up to 4.625p with a (very conservative) target to sell of 8p
http://en.starafrica.com/news/lesotho-to-open-four-new-diamond-mines-minister.html
I could but then i'd have to shoot you :)but as a little hint "it's something of a nil brainer" with a 3p+ very short term target.
Your'e not looking hard enough then radar :)
From another bb. Hargreaves just put out a sector report on diamonds and gemstones. Gem Diamonds is their pick of the bunch. PRG got a side swipe mention at the end....... "At the time of writing shares in Paragon Diamonds are suspended pending clarification of its financial position. It is trying to buy a mine from Lucara which has been sitting idle for some time. We were very unimpressed with one of the company’s top people after a meeting and our gut feeling was to stay well clear of the stock, which in hindsight has proved a good call."
http://www.greywolf.se/ 13/11 GMT 00.31 Lucara Diamond Corp - LUC:SAX - LUC:TSX - Mothae Kimberlite Resource Paragon Diamonds Limited it is rumoured is having problems with its financing package with Acrux Resources Proprietary Limited for the acquisition of Mothae.. A rumour and should be viewed as such...
Lol Matt "Generally the news come out when it's ready with little hint from the share price in advance." I call a little leak then ;)
http://london.minesandmoney.com/speaker/philip-falzon-sant-manduca/
http://allenbycapital.com/research.html Risked fair value for shares set at 11.3p We value Paragons 80% equity stake in Lemphane at 13.3p per share and it's anticipated 75% share in Mothae at 9.3p per share.Owing to the not finalised financing package,we have discounted our SOTP valuation by 50% We thus see fair value for Paragons shares at 11.3p
Try this link Mick seeing as it wouldn't let me post that one because of the Language from TW http://tinyurl.com/o6sbonl
No it aint shut him up Mick http://*********************/views/15465/tom-winnifrith-bearcast-2-october-plagued-by-zak-mir-a-****wit-pr-girl-pargaon-owning-twitter-morons
5.38 secs in http://www.fxstreet.com/analysis/daily-interviews/2015/10/01/06/
Mick here is the article BREAKING: Paragon Diamonds - placement coming, but for how much? By Tom Winnifrith | Wednesday 30 September 2015 Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article. I've had it double sourced this afternoon that Paragon Diamonds (PRG) is arranging a placing. The company released its interim numbers this morning and confirmed its intention to buy the Mothae Kimberlite mine from Lucara Diamond Corporation. It is my understanding that the company will need £8million to finalise this deal, which it will not be able to cover fully through debt financing. There is also the small matter of the £500,000 loan Paragon must repay in the next two weeks, as well as the money it needs to keep the PLC lights on. According to this morning's interims, Paragon had cash of £328,000 at the end of June and trade receivables of £109,000. Added to the £11,000 inventory the company was carrying, this totaled £448,000 in net current assets. Over the course of the first half, Paragon spent £328,000 on administrative expensives. In total the company's operational, administrative and investing activity sent £873,000 to Money Heaven. It doesn't take a genius to figure out cash is now tight, as reflected by the fact the company had to seek an extension on the £500,000 loan it was meant to repay today. This repayment deadline has now been extended to October 7th, with an option to push that back to October 14th. Paragon's share price is now 4.8p, valuing the company at £13.4million. It has 277.89million shares in issues. At the very least Paragon is going to need to source funds to repay the £500,000 loan and keep the PLC lights on, but if it also needs to raise money to help fund the Mothae purchase, the discount the market is likely to demand could be severe. There are whispers that someone has a large short position in the company. If true this is not likely to help matters, but Paragon now needs to issue a statement confirming its current position. Advisors to the company suggested ShareProphets doesn't run this story ( like we are going to listen right?), but stopped short of denying that a placement is currently being planned. -