Member Info for knicol46

from 3 June

For the 6 month period ended 31 December 2014, the Company is reporting a pre-tax loss of £375,609 (six months ended 31 December 2013: £1,470,577). The Group's net cash balances as at 31 December 2014 were £1,806,785 (six months ended 31 December 2013: £3,234,579). The Group's cash position currently stands at £1.25 million. Outlook With a defined, high impact exploration and development strategy in place and a portfolio of highly prospective projects located in close proximity to major historic and current deposits, I believe we are ideally placed for 2015 as the only highly active exploration company in Southern Finland.

WH Ireland has started coverage on oil rig contractor Amedeo (LON:AMED) with a ‘speculative buy’ recommendation and 0.75p share price target. 110% premium to current price :)

buys required for rise

Tony Manini, Kalimantan Gold's Chief Executive Officer commented: "We are very pleased with the initial assay results from the 2015 drill program at the BK project. The continuity of copper mineralization observed to date has fully met our expectations and we have already identified an area to the south of current drilling with potential to further expand the BKM deposit. We have a comprehensive program of drilling and test work proposed for the BKM deposit and nearby prospects in 2015 and we look forward to progressively reporting further results as they become available"

:)

looking very good

Emailed for an update from Administrators still awaiting response. AMI completed their admin in 3 months - shareholders get 0p. The Administrators fees were minimum £700 per hour! There was an incentive to take their time.

Financials For the 6 month period ended 31 December 2014, the Company is reporting a pre-tax loss of £375,609 (six months ended 31 December 2013: £1,470,577). The Group's net cash balances as at 31 December 2014 were £1,806,785 (six months ended 31 December 2013: £3,234,579). The Group's cash position currently stands at £1.25 million. Outlook With a defined, high impact exploration and development strategy in place and a portfolio of highly prospective projects located in close proximity to major historic and current deposits, I believe we are ideally placed for 2015 as the only highly active exploration company in Southern Finland. Finally, I would like to take this opportunity to thank management and shareholders for their support, and I look forward to building upon FinnAust's position as a leading exploration company.

WH Ireland has started coverage on oil rig contractor Amedeo (LON:AMED) with a ‘speculative buy’ recommendation and 0.75p share price target. 110% premium to current price :)

WH Ireland has started coverage on oil rig contractor Amedeo (LON:AMED) with a ‘speculative buy’ recommendation and 0.75p share price target. 110% premium to current price :)

WH Ireland specualtive buy 0.75p recommend

shares /100 yes but share price also x100

At the date of signature of these financial statements, the Group had US$2,972,000 of cash and cash equivalent balances. Trade payables increased to US$344,000 (31 January 2014: US$200,000) due to timing differences on when invoices were paid around period end. Overall, at the period end, net and total assets were US$24,437,000 (year ended 31 January 2014: US$17,556,000) and US$24,781,000 (year ended 31 January 2014: US$17,756,000), respectively.

The Company will require additional financing, through various means including but not limited to equity financing, for continued operations and for the substantial capital expenditures required to achieve planned principal operations. The Company plans to raise additional financial resources through equity financings during the next twelve months.

..

and 1.75 to sell

its a start

happening, usually zero trades is common!

The Group's net cash balances as at 31 December 2014 were £1,806,785 (six months ended 31 December 2013: £3,234,579). The Group's cash position currently stands at £1.25 million. Overview.. · Exploring a suite of highly prospective copper, zinc and nickel projects in Finland acquired in December 2013 · Activity for the period has concentrated on the Company's three most advanced exploration projects; - Hammaslahti - Drilling continued around the previously operating Hammaslahti Mine where new, high-grade multi metal mineralisation was discovered in July 2014. - Kelkka (formally Enonkoski) - Newly modelled prospective intrusive bodies identified and drilling commenced in December 2014 where hole R306 identified remobilised nickel ('Ni') and copper ('Cu') sulphides of the type that was hosted at the nearby old Enonkoski mine. - Outokumpu - Geological review identified new possibilities in targeting extensions from historical Outokumpu Copper Mine, which produced 42Mt @ 3.1% Cu between 1908 and 1999. · 80% interest in the prospective Mitterberg Copper Project - continue to seek the best way of maximising value; · Strengthened cash position following £1.1 million placing in October 2014 to advance exploration, of which Western Areas contributed £0.25 million; · Proven Board and management team with experience in identifying and developing resource assets.