The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Thanks Lotto!
Holding in Company China Africa Resources plc (LON:CAF) the AIM listed natural resource exploration and development company has today been informed that Paul Johnson no longer holds a notifiable interest in the Company. For further information on the Company, visit: http://www.chinaafricares.com/. That was our seller! Now fully out... blue sky ahead?
That is my guess Chaz, mcap just over £2M at current price. Could have a significant jump on good news. Small amount of shares in issue also.
Taken a small nibble in here today, BoD cannot be ignored, I expect big things to come. GLA
Taken from the recent interim results: The DCD Media Board has taken the appropriate steps to restructure operations, to focus more on the international rights business while taking action to mitigate the risks inherent in the challenging production environment. We are now anticipating an expansion of the rights business into lucrative genres which will help to exploit the maximum value from our rapidly growing library. The outlook in the short to medium term is encouraging, being content rich in distribution; the foundation is laid for accelerated growth. We are also well-placed now to benefit from the array of broadcaster engagements in the production division, having adjusted the cost base and focused attention on business winners. These developments, we believe, position DCD Media well for a return to profitability. Also, debt is likely to be paid off now as this was due to take place last month: "We are delighted to report that we are almost through the turnaround cycle with a return to economic and financial stability in sight. We have all but completed the repayment of the term debt which had previously caused the business to be radically weakened. "The focus on the international rights distribution business continues to excite and we are delighted to welcome Nicky Davies Williams to the Board. And while we have faced tough challenges in the production divisions, we now look forward to progressing with a leaner business." With restructuring costs to be taken out of the equation in future financial statements and the amount of commissions the company is winning lately we should return to profitability pretty quickly... I can't believe a company of this size is trading at a £1.27M mcap currently! They have just won a 'multi-million dollar' commission for Penn & Teller. When the market wakes up to the potential here it could be explosive... GLA
For anyone that isn't aware of recent events and the financial backing the company now has: http://www.independent.co.uk/news/business/news/spurs-owner-tightens-his-grip-on-dcd-media-with-shakeup-8262213.html
£1.16M mcap and the company has just won a 'game changing' commission which is a multi-million dollar order! http://www.broadcastnow.co.uk/news/international/dcd-wins-major-us-commission/5080105.article
http://trendyafrica.com/oil-and-gas/oil-and-gas-lekoil-surprise-wining-bid/#ixzz2pKUdq4zs
opaldouglas 28 Aug'13 - 11:49 - 1437 of 1439 3 0 engelo et all, I've now heard back from BMZ. Black Mountain are currently preparing an update on proceedings which will be released to the market early next week. Shannon wouldn't be drawn into specifics until news is released. Shannon is however happy to discuss any queries/concerns via a conference call. It wasn't clear if this was to follow next week's update or on a one to one basis. I'll confirm. News of production finally?!? I hope bloody so. OD
They appears to be an overhang of stock at the moment and some of the purchasers that got in on news have clearly panic sold and caused the drop. If your not in for just a day or two this looks like a great recovery play IMO.
Been on the watchlist for a while this and the first news release that could have a serious impact on the sp. Ceres Media International has announced that its NatureWovenTM range of printing substrates have been tested and approved for use by Hewlett Packard Corporation (HP) in its existing and new generation of digital print machines. This approval includes upload of all technical details of the products and approved downloadable printer settings onto HP's media locator. This media locator allows any HP machine owner globally to search for approved materials and download relevant machine settings to allow optimal print performance. Additionally, HP have included printed samples of NatureWovenTM ChorusTM in its current marketing initiatives and the materials are due to be showcased by HP at FESPA Mexico this month. This is the leading focused print exhibition in Central America and will display Ceres Media in the field of environmentally friendly materials for the print industry. Commenting on the approval by HP, Alex Dowdeswell, CEO of Ceres Media said: "It has taken a significant amount of time to complete the rigorous testing required by HP to gain their approval but this is an important step for the company and its product range. "HP are one of the world's largest print machine manufacturers and approval by them ratifies the quality of our products and their ability to perform equally with traditional products that don't offer our green benefits. Inclusion by HP in its media locator will provide visibility of our products to a large number of printers in multiple countries and enable them to gain quick and easy access to the approved settings to print. This will eliminate the need for each printer to trial material." http://www.stockmarketwire.com/article/4445320/Ceres-Media-win-product-approval.html
Mitch Alland is the President and CEO of both Crazy Horse Resources and CDC plus CDC holds a strategic interest in Crazy Horse Resources.
Crazy Horse Resources Announces the First Endorsement of the Company's Application to Convert the Taysan Exploration Permit to a Mining Permit Vancouver, British Columbia, August 16, 2012,Crazy Horse Resources Inc. (TSXV: CZH) (the "Company") announce that it has received from the Mines and Geosciences Bureau, Regional Office IVA, Philippines, a favorable endorsement for the conversion of its Taysan Project's Exploration Permit into a FTAA (Financial or Technical Assistance Agreement). This favorable endorsement from the regional office of the Mines and Geosciences Bureau is an initial critical step in the approval process for a mining permit and reads as follows: "Respectfully forwarded to the Director, Mines and Geosciences Bureau, the herein application of Asian Arc Mining Resources, Inc. the Company's Philippine subsidiary, requesting for conversion of its Exploration Permit No. IV A-005 encompassing 4,085.9202 hectares situated in Taysan, Batangas Province into a Financial or Technical Assistance Agreement (FTAA). In as much as the results of the investigation/drilling undertaken by the company contained commercial grade and economically viable deposits of copper and other minerals which necessitates the conduct of more detailed exploration, the company's aforesaid request may be given due course in accordance with the provisions of Section 23-A of DAO 2010-21. Final consideration of the above-request shall be done by Mines and Geosciences Bureau Central Office in view of EO 79 issued on July 6, 2012." Mitch Alland, Chairman and CEO, comments, "Given the recent issuance of the Presidential Executive Order (EO 79) on Mining Policy, the Company is pleased with the quick action of the regional office in issuing this favourable endorsement for the conversion of the Company's Exploration Permit to an FTAA, in line with the new government policy." ON BEHALF OF THE BOARD OF CRAZY HORSE RESOURCES INC. "Mitchell Alland" MITCH ALLAND, President and C.E.O.
Bottom hit? Lots of buying this morning... JV on Hinoba-an will be most welcome!
L2 has just gone 3v1 without any further buying, it would seem that another buy order is being worked through today!
WINS have jumped on the bid this morning joining FOXY with no trades so far, looks like our buying may be buying a few more :) GLA
400k buy reported late, no doubt assisted the rise yesterday. £43.5k... not pocket money! Hinoba-an updated JORC soon.
Copper stocks in bargain territory Eric Lam Jun 19, 2012 – 10:52 AM ET Eliseo Fernandez/Reuters A shipment of copper at a copper refinery in Chile. Copper equities have underperformed the metal so far this year Gold equities have been underperforming the underlying metal price for at least a year now, but as it turns out copper stocks are doing the same. H. Fraser Phillips, analyst with RBC Capital Markets, said while copper has been virtually flat on the year, rising 15% in January and February followed by a long slide downward, copper equities in his coverage universe have mostly been down anywhere from 5% to 40% in the same period. The only stock that has outperformed the metal is Lundin Mining Corp., which is up about 12% on the year. “Copper equities have mostly underperformed the metal, as we think investors are pricing in fears of a broader market downturn, mainly due to European debt concerns and the effect on global demand,” he said in a note. Based on current equity prices, it appears copper stocks are factoring in very low long-term copper prices, in many cases below US$2.30 a pound, suggesting attractive valuations. “Names that appear especially attractive include Inmet Mining Corp., HudBay Minerals Inc. and Capstone Mining Corp., though we note the significant zinc and precious metals by-products of these companies influences the analysis,” he said. Another factor in the current share price pressure is that the market may be looking for more stable free cash flow, while many miners, especially in the mid-tier, are committing to major investments in new projects over the next five years. More stable, major producers with better cash flow profiles over this coming period include Freeport-McMoRan Copper & Gold Inc., Teck Resources Ltd. and Antofagasta PLC. “Current copper prices of US$3.40/lb are well above our long-term forecast of US$2.75/lb, and we believe are at or above the incentive price necessary to induce new supply,” Mr. Phillips said. “Supporting this view, we think the midcap management teams are still largely focused on executing their growth plans, and are not imminently planning deferrals.” Overall, Mr. Phillips considers Freeport, First Quantum Minerals Ltd. and Inmet to have the best mix of value, production growth and stability to leverage copper. http://business.financialpost.com/2012/06/19/copper-stocks-in-bargain-territory/
10.6p to sell and 10.625p to buy! Bought another small amount myself. GLA