RE: Just a thought26 Sep 2025 21:05
Bowlers12 may interest you.
Posted at 25/9/2025 15:48 by leewink1
Question is, are they going to drop the results this week, or into next when we start the drilling season ?
Key facts here -
A) drilling in a Uranium rich site, 10-11 bore holes, 20 to 22 weeks total drill schedule, and as it's already uranium rich and tested, any further JORC reports will be in minimal time, for me equals several weeks each, giving reports on route of drilling. Q4 start, or in a week on.
B) potential of which in land that has been site geo'd and all, to be around 2.4 billion, give or take 100 mill or so either way, 40 million pounds weight of uranium, by market value.
C) results to include warrant sales, and resulting 10 million cash in bank as result, with only possibly รยรขยยรยรยฃ30,000 worth left, this on top of working capital already. Recent acquisition equals around half of that total, so plenty of working capital going forwards.The RNS for this is the 19th August 2025, these sold even in the last 2 months of relative stability here, showing it didn't plainly crash share price as was thought in that time, but more so showed total strength in trading to keep it stable comparing.
D) outlines of the handful of acquisitions, and there way forwards, these recent include this drill program above, cash injection / share purchase into a very large graphite mine, and others, all can be seen in RNS with half to an hours research.The company here is Evolution, and can be seen as the latest few RNS. The company can be found listed on the ASX also, and it's news of us and the share acquisition.
E) The CEO of Novacore (drilling program starting Q4 or now on), sold a previous company for 2 odd billion, he knows what he's doing, and solid experience, he's not there for nothing I'm sure.
F) A healthy daily trading, or indeed wide knowledge of this company, resulting in 2 months of a relatively stable share price when looking at charting.
Now, this is all in RNS legal documentation, easily read up on here, also, the company are very approachable should you want to email them, I have with very helpful responses.
DYOR, make your own decisions, and above all be happy.