Member Info for knicol46

upwards

10000 buy

well done!

I'm sure all investors were happy with Kalimantan Gold name

very good

this doesn't happen on this stock

2 trades today - on a roll

Net assets £10.1m Current MCAP £4m WELL undervalued Major shareholder in FAM, Western Areas Ltd (60.3%) - A major ASX listed company with over AUS$800m MCAP

someone has traded!! This is major FAM news!

trade on the table

'Work will now focus on positioning FinnAust for future growth, a strategy that is well supported by our cornerstone investor Western Areas Ltd, one of Australia's largest nickel producers.'

interim CEO announced

"Kalimantan Gold is on track and very pleased with progress to date on its 2015 Mineral Resource evaluation program at BKM. Drilling results continue to meet our expectations with good grade copper mineralization consistently intersected at shallow depths potentially amenable to low strip ratio open pit mining. These features of the deposit when combined with the positive initial results from metallurgical test work being undertaken to assess the potential for a heap leach, SX-EW project producing copper metal, are considered highly promising. While extensive work remains to compile all the inputs for a PEA (Scoping Study), the operating team is performing exceptionally well and continuing to deliver to quality, quantity, time and budget. We look forward to keeping all stakeholders progressively informed as additional results from this exciting program become available".

FinnAust Mining Plc (LON:FAM) successfully completed the reverse takeover of London AIM listed, Centurion Resources Plc (Centurion) with readmission to the London AIM on 2 December 2013. Centurion were selected as a suitable reverse take-over vehicle as the company was an existing AIM listed European resource exploration company with a copper asset in Austria, a good cash balance and a very experienced corporate and geological management team based in London. Centurion was renamed FinnAust Mining Plc (“FinnAust”) with Western Areas holding a majority 60% of the enlarged entity. The FinnAust board consists of four directors, including two Western Areas representatives, with Western Areas’ Managing Director and CEO, Dan Lougher, the Chairman of the Board. FinnAust has a very experienced in-country exploration team, managed by its Chief Operating Officer, Mr Urpo Kuronen, which is focused on rapidly advancing the projects. FinnAust is exploring for high-grade magmatic copper and nickel sulphide deposits as well as copper-lead-zinc VHS-style deposits. Two of its projects, Outokumpu and Hammaslahti, are at an advanced stage of exploration and are primed for imminent high impact drill programmes. Having already invested significantly in exploration to date, FinnAust has identified multiple drill ready targets at these copper projects. This has been achieved through the utilisation of advanced and innovative ZTEM geophysical technology and drilling over the past two years. The projects are located in a prolific geological belt, which includes the famous Outokumpu Copper mine and other high grade copper and gold mines. FinnAust is also exploring at the Kelkka Nickel - Platinum Group Elements Project. Alongside its Finnish assets, the Company holds the Mitterberg Copper Project, a previously producing mine in the Mitterberg district of Salzburg, Austria. The project, which is comprised of 47 licences over 33 sq km, sits in the Mitterberg district, which arguably contains the largest copper concentration in the Eastern Alps.

Net assets £10.1m Current MCAP £4m WELL undervalued Major shareholder in FAM, Western Areas Ltd (60.3%) - A major ASX listed company with over AUS$800m MCAP

Beruang Kanan Main ("BKM") deposit in Central Kalimantan, Indonesia, has generated promising initial results.The early results are promising with: •The chalcocite and covellite dominant copper mineral species found in the BKM deposit being suitable for typical bacterially assisted acid-ferric heap leach processing •Sequential assays confirming potential for economic recovery of copper via acid-ferric leaching i.e. greater than 95% of total copper in all samples assayed is acid and cyanide soluble •Good rock competency that shows little breakdown during column leach test work suggesting the host rock has the physical characteristics required to build a sustainable heap •Very low acid consumption during both bottle roll and agitation leach tests suggesting that the host rock contains limited quantities of acid consuming minerals, a beneficial characteristic for heap leach economics Further test work is underway

33m shares current MCAP £10m 2 June 2015 Annual report £15.7m assets around 50% undervalue awaiting explorer 1 update

from a no vote was management, they just moved onto other things at shareholders expense

1M shares buy

or someone just traded less than £1