Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
GGP See BCB comments on Panther Metals which just listed on ASX spun out of Panther Metals plc. They raised $5 million and like THR with their placement a few days ago it's most likely the way COBR should now proceed. I pegged Ragged Range and along with all the boys- including Darren Hazelwood -we vended into THR and now look at it -the main reason they got the fund raising away in Australia . In my opinion based on 67 years in the exploration game COBR is going to produce the goods -but do your own research.
Bionica Think again -don't focus just on grade -look at the bigger picture ttps://capmetals.com.au
CMM are a prime example -one of the darlings of the ASX - 86.7 Mt @ 0.8 g/t Au . With a market cap of $1.19 billion.
All ex Regis boys who have mined large low grade orebodies for years and made their investors billions.
Dillon Don't for one moment ever think grades as reported are not economic. Some of the biggest and best gold companies in Australia operate on grades of less than 1 g/t. Regis is a classic case -multi billion dollar market cap -now Capricorn Metals -CMM on ASX where I have large areas adjacent. Check out the grades and market capitalisation -average grade less than 1g/t.
Its all about large tonnages of low grade free milling gold mineralisation in soft free digging host rocks. Its early days but its shaping up as a potential very large low cost open pit proposition. Time to load up more I am thinking -
The results just announced are indicative of a very large gold system. As the founder of the company and still a significant shareholder I must admit I was losing faith. That faith has been restored -I am very confident looking at the results thus far this will drill up and prove up a significant gold resource.
Maybe a dual listing on ASX is now needed like THR to put the company on the radar screen with serious investors in the gold space.
And I keep pegging - https://twitter.com/ken_kfwatson/status/1447557197903261703
The share price rise is all about Uranium. Some 15-20 stocks on ASX bolting today on uranium with THR on that list. Its great news for THR - a lot of mileage left yet for juniors with exposure to U.
Having said that THR is well positioned at Ragged Range not only for gold but also in with a chance with nickel. The Pilbara is lighting up with nickel now with companies finally making high grade nickel discoveries in an area that once did not seem prospective . Its all changing -Hemi with 9 million ozs of gold where historically we had no major gold mines in the Pilbara. Gold -nickel and copper the bread and butter and uranium the fruit for the sideboard. And I have more good areas for UK companies if anyone wants to fire up some of the other companies wanting another Ragged Range.
A BOARD coup is underway at Sydney-listed Jupiter Mines after shareholders resoundingly voted down the company’s remuneration report and refused to re-elect two directors.
Jupiter Mines owns 49% of Tshipi Borwa, a manganese and iron ore mine located in South Africa’s Northern Cape. It produced 3.4 million tons (Mt) of manganese ore last year against a 3.1Mt budget and is currently working through a feasibility study to take production to 4.5Mt annually.
A presentation of Jupiter Mines’ annual general meeting (AGM) published on the firm’s website showed that on July 30 a majority 95.64% of shareholders rejected the adoption of the remuneration report.
The position of other directors, including Jupiter’s chairman, Brian Gilbertson remains unclear after nearly 87% of shareholders voted for a ‘spill resolution’. A spill resolution is a consequence of the remuneration report having been rejected and enables shareholders to hold another meeting within 90 days. At that second meeting, current board members, excluding the CEO, “will cease to hold office”, according to Jupiter’s AGM documentation.In addition, Jupiter non-executive directors Paul Murray and Andrew Bell were voted off the board after shareholders said they were against their re-election. Murray was the chairman of the remuneration and nomination committee.
Jupiter Mines CEO is Priyank Thapliyal who has been criticised for failing to grow Jupiter Mines, preferring instead to harvest his 1% of dividend flow, said a market source who spoke to Miningmx on condition of anonymity.
Dissenting shareholders wanted Thapliyal to undertake merger and acquisition activity and seek to buy more shares in Tshipi, the source stated. Thapliyal owns 3.33% of Jupiter Mines while Gilbertson is a 1.27% shareholder.
The largest shareholders in Jupiter Mines are AMCI, a natural resources investment and trading company, which has a 7.44% stake, and Ntsimbintle Holdings, the South African firm that recently increased its stake in Jupiter Mines to 19.9%. Ntsimbintle Holdings now has an effective interest in the underlying Tshipi mine of 47%.
Shareholders voted in favour of the election of Peter North and William Winter to the board. North, an ex-banker, helped establish Safika Holdings which is a shareholder in Ntsimbintle Holdings. Safika Holdings is owned by Saki Macozoma, a former Robben Islander imprisoned with former South African president, the late Nelson Mandela.
According to the remuneration report, Thapliyal was to receive total pay of $1.38m including cash and salary fees of $751,166 in 2021 compared to total pay of $1.73m in 2020 and cash and salary fees of $766,744.
Shareholders have rejected the remuneration report for the last four years, an outcome that the board doesn’t necessarily have to act on. At the AGM, Gilbertson is reported to have said he had engaged with shareholders on the matter of remuneration.SA mining icon Brian Gilbertson may be forced off board amid execu
Great News ! Jupiter Mines is in receipt of a notice to remove Priyank Thapyilal as the Managing Director. Long overdue - he could't manage a chook raffle - would not know a rock if he fell over one. And some of the other 'passengers' on the board of JMS should go too.
Thanks Impecunious Yes I had to work hard to get Mick Billing into the Pilbara but it happened and even before Nicole took over Mick embraced the concept and was responsible for the initial exploration program and the excellent results. If commodities keep on kicking Thor are well positioned and maybe over time they will consider spinning out some projects in to a new entity as many Aussie companies do when markets are receptive to significant capital raisings. Cheers
It's an eyebrow raiser given the tenor of the results in soils. But that aside we got lucky when the previous owner of the Kellys Copper Mine decided to pull the plug and we secured that key area with gold -as well as copper - on the contact of the basalt and the granites. Granites being the operative word -something not even mentioned at the commencement of the project - nor on anyone's radar screens not so long ago.
We may be in with a big chance at Ragged Range in the conventional basalt /ultramafic settings but I am also very excited about the gold on the granite contacts. I believe the East Pilbara granite domains could be hosts to further large gold discoveries - similar to the De Grey bonanza in the Mallina Basin granite settings.
Noone several years ago would have imagined -as announced today by De Grey - a 9 million oz global gold resource anywhere in the Pilbara .
THR management are doing a fantastic job and carrying out a very professional exploration program at Ragged Range.
Hi Bitcoin Sorry mate -wife in hospital back and forth - and busy with deals. Best see me on Twitter rather than post my email address here. I know nothing about SML -will have a bo peep . Cheers Ken