Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Its impossible to work out the averages at this stage. We don't even know the extent of the asset yet. Open at depth and on three sides. 4.2 moz Eq initial estimate already declared by one of the largest gold mining companies.
Goldman Sachs forecast US$10,500 a ton. This has got to rise.
Gavster-NBC. If the company had not taken the action it did all value would certainly have been destroyed, in fact the company would no longer exist. For long term holders this has not been a good experience agree and very similar to many other AIM companies situations. At least the company is now on a sound financial footing with real potential to turn its fortunes around. Anyone buying in now will at least double their money. Compare that with the banks 0.25% interest PA,
Do not understand why total trade Volume is showing at 883,096,844 and yet volume bought is 209,617,960 and sells at 22,724,562. Why the difference or have I misread it? Over half a billion shares missing off the book!!
Power specialists say we need the equivalent of 7 new nuclear power stations to power normal need plus every car being electric. That's not going to happen over night obviously but can we provide that sort of power from eco green power generation. Wind farms are a blot on the landscape in my opinion and it won't be long before the NIMBY's start objecting. Wave power? hydrogen? Geo thermal? Can they generate such power. Just asking the question as I don't know. They are all going to need copper, some more than others so investment in copper producing companies has got to be good for 10 years or more I would think.
I'm intrigued by this company. They have a MC of only £26m and yet since November they have raised $13.25m from an equity raise, $10.5m from an over subscribed placing and the Nugget Pond Plant is about to be sold for $2m. The price of copper is steadily increasing and shows no sign of dropping. In fact it is expected to continue rising throughout this year. So $25.75m in the bank and yet only £26m MC. Totally undervalued in my opinion.
If there is an offer below fair value don't forget there are other companies who might be prepared to offer more. Don't think NC would want the likes of Rio having 30%. Its not in NC's interest to offer less than fair value and that won't be determined until they confirm the size of the asset. That's not going to happen this year. What about the other JV'S and the potential of GGP's other assets?
That's one hell of a placing. I wonder who has put the money up as we weren't alerted or allowed to join in the placing. The annoying fact is that many of us here have more shares than all of the Directors put together. This is a company that has potential but when its realised I'm not convinced it will add greatly to the share price. Possibly double it over time which I guess is better than the bank.
There are many reasons for selling but I am surprised, unless you have to, that people are selling at this point in time. It is clear that II's are taking up the slack and LTI's here are buying more. There is so much good news to come and given this is greatly, almost totally, de-risked why chase another 'possible' dream. In 12 months time this will be at least double the price.
Its easy to dismiss the idea of Greatland buying the Artemis tenement next to, in fact on three sides of Haveiron. Have Greatland and Artemis done any deals in the past? Not that I am aware of however Sean Day has done deals with Alistair Clayton only last year. Prior to July 2020 Northern Star (Sean Day) were in a joint venture with Artemis (Alistair Clayton) on their Mount Clement gold asset. Northern Star bought the asset from Artemis in July 2020. In short both have had considerable negotiations with each other over the purchase of a gold and mineral asset. My belief is that Sean will on behalf of Greatland enter discussions with Alistair Clayton at Artemis for the purchase of their tenement adjacent to Haveiron. It wouldn't surprise me discussions have already taken place and this will be Sean's first big message to all investors. Ive already tabled a question for Sean. I doubt I will be allowed two. Would anyone like to put this possibility to Sean.
Rosso123... good point. These two ASX juniors can not go it alone. We know that as a successful junior. Artemis's tenement covers three sides of Haveiron and must have the potential to host the same mineral deposits.
Toptips.. I agree with what you are intimating at and yes I'm sure Sean is capable and experienced at dealing with predators who make an offer for a TO. I for one would not like to see this unless the offer is for near fair potential value i.e. £1 plus which I think is most unlikely. Shareholders would have to vote and it may be that a good % of private investors vote against but don't discount the power of the % held now by institutions and this is a slowly growing %. I believe that to some extent the price is being held back by II's negotiating a buy in price in the mid 20's. They will will slowly build a bigger % over the coming months. I do not discount a TO approach this year and if not for Greatland most certainly for Haveiron. Greatland have said they want to look to explore other possibilities. They will need substantially more cash just to explore their current tenements unless of course they can negotiate JV's.
Has anyone estimated how many shares need to clear. I invested at the start of the new year so not quite up to speed on the placing shares. I thought a good percentage couldn't be sold for some time.
All 33 drill holes intersecting mineralisation....is very impressive and reassuring that this is a Tier 1 major find! Still open at depth and in three directions. This will encourage IIs to invest more as longterm its an almost de-risked investment.
3 shipments of gold and silver were made. The statement regarding assays is confusing at first sight. Assays expected by March this year I would expect to relate to last quarter. Do they relate to exploration drilling as opposed to production?
Recruitment of several key positions always a good sign. Shows confidence in future development.
Looks an excellent RNS. 6.2 million in cash. Clear plans for development this year to realise the potential this company has. We should see a re-rate this week to a higher SP level.