Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Could ARTEMIS repeat success of Azure Minerals enroute to reaching AUD$1 billion MCap !!!
early days but looks very attractive given the exciting deals being done in the region.
Update soon.
Shell next door must also be watching proceedings at UPL very closely.
Nicely poised for next move Upwards after very good consolidation over last few weeks.
This can do +100% or higher move upwards in a flash on next set of news. Stay tuned.
Nicely set up for next leg up.
Nice Q&A. Thanks for sharing.
Time to add some more i think...already at lows. Primed for a rebound ahead of news. Dont want to leave it too late.
Added ARV to my portfolio also.
Wishbone sitting on some SUPER HOT prime real estate in Western Australia where others Explorers have recently made discoveries they did not even know existed.
One example is Azure Minerals (AZS.AX) who came across Lithium they did not know was sitting there all these years hitting MCap A$1.2b
Https://www.reuters.com/markets/deals/liontown-gets-sweetened-43-bln-buyout-offer-albemarle-2023-09-03/
Liontown gets sweetened US$4.3b Buyout bid from Albermarle.
Https://www.reuters.com/markets/deals/liontown-gets-sweetened-43-bln-buyout-offer-albemarle-2023-09-03/
Liontown gets sweetened US$4.3b Buyout bid from Albermarle.
From last years maiden drilling at Cottesloe:
"RAB and RC drilling in the keel of the syncline has confirmed extensive anomalism in the oxidized zone base metal anomalies with highest grades over 2 metre samples were 0.25% Cu, 4.6% Lead Pb, 0.97% Zn, 165 g/t Ag and 0.26% Co with anomalous zones extending up to 34m."
Interesting to see 0.26% Cobalt also.
Anomalous zones extending up to 34 metres.
Cottesloe and Cottesloe East combined land package covers 165 sq.km
We all know this moves fast with limited shares about. With a bit of Buying pressure we could see 3p and higher in coming days.
MCap is crazy low.
Agree, last year this was around 15.5p when they also bought 100% of Anketell Gold project by issuing shares @ 15.50 pence (from memory). You can probably confirm also from last year RNS.
When there is high demand on OTC then MMs source stock from UK and sell to their US desk.
Some one is accumulating.
Feels like Fund managers & Institutional investors getting back in PANR after that superb CPR and before FARM OUT news.
Higher revision to come on the CPR.
Last rally few weeks to 4.50p was triggered from same level also.
Could be see a repeat again !!!
Great interview.
Resource will get even bigger. Independent CPR from one of the best in the industry is a huge vote of confidence. Good to have "multiple parties" interested. Expect a Farm Out update soon.
David Hobbs buying another +1m shares on Open Market is most likely more upto date with proceedings. Otherwise why would he increase his Holding to 2.7m !!!
May be someone got wind of news on its way
OR
Could be simple realisation of how ludicrously Undervalued WSBN is currently sitting on prime HOT real estate in Paterson province (WA) with surrounded by Major proven discoveries all around us.
Does not take much to move this one witb such a low number of shares in free float.
This touched 136p last year.
Current price is a Steal.
David Hobbs bought 1m PANR shares on Open Market.
Expect Fund Managers to follow same before ConocoPhillips or EXXON show their hand.
Cannacord estimate of 100 pence is very conservative but a good start.
David Hobbs increasing his holding from 1.7m to 2.7m shares in PANR is very significant.
Time to add more me thinks. This could be heading back to over £1 sooner than expected in my personal opinion.
Cash value alone is approx 1.16 pence a share.
Which equates to circa 60% of MCap. Crazy !!!
On doing some more research on the history and geology found out the all these deposits were formed around same time as the 26m oz TELFER gold deposit which is owned by NewCrest but now come to end of life.
Cottesloe, RedSetter been sitting there all these years nearby in prime HOT SPOT real estate with both HAVIERON and TELFER very close by.
I would expect sooner or later a strong reversal to the Upside without warning as market starts to realise how significantly undervalued this is currently at £5m MCap with NO DEBT.