Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
http://www.investegate.co.uk/Article.aspx?id=201202280700162112Y
A very welcome rise whatever the reason behind it !
http://www.investegate.co.uk/Article.aspx?id=201110120700160017Q BULLABULLING GOLD PROJECT - RESOURCE DRILLING UPDATE Highlights: · Phase Two infill drill programme is progressing well · 136 drill holes totalling 24,212 m completed in July, August and September 2011 · Total production for the Phase Two programme to date is 46,411m in 261 holes · A total of 82,667m of drilling in 507 drill holes have been completed since project acquisition in 2010.
http://www.investegate.co.uk/Article.aspx?id=201110120700170030Q Highlights: · Drilling has intersected three new high-grade mineralised structures at Vatukoula which form part of the new Baron d'Este ore zone. · This is the first new discovery of a new high-grade ore zone at Vatukoula since the discovery of the Prince William ore zone in the 1980's. · Significant composite intersections include: 124.7 grams of gold per tonne over 0.46 metres; 33.6 grams of gold per tonne over 2.86 metres; 25.46 grams of gold per tonne over 1.07 metres; and 39 grams of gold per tonne over 0.48 metres.
This small firm is not only increasing profits and making dividend payments but appears to remain largely unnoticed by core investors. When a few more investors catch on - and it won't take long - I think this stock merits a substantial rise and rerating of the sp to reflect the bumper profits and success reported..
Key points: Financial • 32% increase in profit before tax and share-based payments to £1.04m (2010: £0.79m) • 12% increase in earnings per share to 4.03 pence per share (2010: 3.61 pence per share) • 5 percentage point increase in gross margin to 31% (2010: 26%) • Cash balance of £3.44m at 30 June 2011 (31 December 2010: £3.53m)
http://www.investegate.co.uk/Article.aspx?id=20110915070000Z8992
I was expecting something after yesterday's rise. Unless this is simply a correction of the sp following the recent downtrend ? Time will tell. And who knows an RNS may well still eventuate later today once details are known / avaialble.
47 / 48p It makes you wonder how much - any such strategic partnership would add to this. It could bolster the resources and knowledge base to allow the full extent and potential of the licences to be utilised. Whilst GKP got lucky early on with their drilling programme, it only takes one oil strike to deliver the boom factor. Let's see what tomorrow brings- if not sooner.
1,026,551 v 374,735 Everything points to a big rise
Tomorrow might well be the day for the RNS. I wish I knew what some others must be aware of. Its all very quiet in the markets generally and with thin volumes this could make a big impact if news is forthcoming.
In the short time since my last post I see we are now 15% up and still rising. Need to confirm level 2 and see how it looks ! Feeling optimistic though. Do we have a big rise on our hands ? Not too much stock in circulation. Those PI's in early could benefit big time.
Up 10% today !After having been sitting in limbo - stagnant for weeks here - if not months - and then a sudden 10% rise with no RNS. Not yet anyway. Makes you wonder if there news leaking out somewhere. Could we have positive news ? ANy ideas anyone ?
http://www.investegate.co.uk/Article.aspx?id=20110815070000P3E98
Main Points · The four new permits cover a total area of some 95 square kilometres along strike to the east and west of the known mineral resources at La Zarza. · Work programmes for 2011 agreed by the joint venture include a close line spaced airborne electromagnetic (VTEM) survey, a gravity survey and a provision for some 3,000 metres of diamond drilling on any targets identified. · The agreed budget for the programme of US$1.3 million will be funded by Antofagasta under the terms of the joint venture agreement. · Exploration activities have commenced and shareholders will be updated over the coming months
http://www.investegate.co.uk/Article.aspx?id=201108150700093259M Antofagasta-Ormonde La Zarza Joint Venture New Permits Awarded - Major Work Programmes Commenced
Highlights: · Weighted average rental growth of 5.17 per cent per annum, equivalent to £0.2m per annum, from 24 reviews agreed so far this financial year. The weighted average lease length of the portfolio is 16.5 years withover 85% of rents reimbursed by the NHS, 11% of which are RPI linked and the annual rent roll is currently £32.3m. · Total property assets valued at £519.6m at 31 March 2011 with an NAV of £220.1m or 54p per share. · Sale completed of the entire issued share capital of Assura Pharmacy Limited for a total consideration of £39.3m, a significant step in fulfilling the Company's strategic aim of becoming a pure play property company. The Company's FTSE classification is currently under review and Assura expects to be reclassified as a real estate holding and development company at the next FTSE review in September.
http://www.investegate.co.uk/Article.aspx?id=201108150700103299M
http://www.investegate.co.uk/Article.aspx?id=20110802070000P7539