The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Superlucky I've noticed that you have mentioned the company like to do placings. So let's have a look at some facts. In the last 3 years the company have raised £1.3 million in 3 placings (Including the one recently). That's one placing per year at an average of £433k. For a junior exploration company that is excellent, especially for a company of Tertiary's size at the current asset base. Have a look at other exploration companies and you will see that they regularly do placings 2 or 3 times per year. The company now have an estimated £650k in the bank (taking into consideration the cash balance before the last placing) and they are in the process of signing an offtake agreement with Possehl, who will provide pre-financing for acquisitions and project development.
Bring on the acquisition news or the signing of the offtake agreement, just two pieces of news out of many that would put a rocket up the arse of this SP.
She gets a lot more correct than she does wrong.
Well that was a big shake of the SP. wouldn't be surprised if this finished flat or even blue by COP
So Fluorspar has been confirmed on the EU critical list for 2017 and we have 4 billion worth, with an offtake partner willing to take 70% of it. Storuman licence will drop soon as the right to appeal the licence was closed weeks ago. Scoping study on MB is due and further acquistion news.
He is just going from board to board spouting the same shit. Just need to be ignored
Morning Chris. Yes a break of 2.3 should get the SP really motoring. It's just a matter of time before it goes.
Some people have a hidden agenda! Spouting now 0.5 last week and 1.25 this week. That's a 150% rise in your target. I wonder it will. E next week 3p. Storuman news is expected anytime soon and it hasn't been refused in the past, you are full of absolute BS
Agreed Hamilton, the royalty interest could bring in a lot of cash for TYM as the project progresses. If Aurion were to produce 40,000 ounces of gold per year that would generate $1 mil net cash for TYM PA. But we will also receive large cash bonuses on many milestones whilst the progress the asset towards production. $1 per ounce following a inferred mineral resource estimate, $2 per ounce following a indicated mineral resource estimate and $3 per ounce following a measured mineral resource estimate. Aurion also have the option to acquire 50% of the net smelter returns for $1 mil before production. The asset itself has very impressive grades and is situated in a prolific gold mining area We also hold circa £340k worth of shares in Aurion and SRES.
Possehl signing an MOU, shows the intent and the belief they have in the projects, management team and the fluorspar outlook going forward. Not only that but Richard already has a working relationship with these people. If they are looking to take a minimum of 70% of everything we produce and provide us with the necessary funds to advance these assets as well as acquiring any new projects then that is a screaming buy signal to me.
Not really. Just because it retraced doesn't necessarily mean it's a pump and dump. Profit taking is to be expected after such a quick rise. Importantly it made a higher low and started the next wave up into the close, which bodes well for tomorrow.
Western Europe and North America are the largest acid-spar consuming regions outside of China, importing more than 900,000 tonnes per year USA imports 100% of its fluorspar North America and Europe face the potential risk of security of supply – reflected in upstream merger and acquisition integration activity in the industry Fluorspar is classified as a critical raw material by the European Commission – high risk of supply shortage and consequent impact on the economy USA considers fluorspar as a strategic mineral
If GGP (£54 mil mcap) was to sign an offtake agreement with Newmont then there SP would go absolutely mental. The same could be said with ZIOC (£37 mil mcap) signing an offtake with Glencore and the same goes for MTR, SAV and many other exploration companies on AIM who have much higher market caps and are no further advanced then ourselves. Now we have signed an MOU for an offtake agreement with Possehl, who take 3 billion in revenue per year. Possibly have agreed to purchase a minimum of 70% of commercial grade acid-spar to be produced at all three of our fluorspar projects. Not only that but they will provide us with pre-financing for any near-term generating fluorspar acquisition targets as well as pre-financing to develop our current projects. All of this and we have 4 billion worth of fluorspar at rock bottom prices and we have an £8 mil mcap. USA import 100% of fluorspar currently and we are sitting on a huge amount of the stuff smack bang in the middle of the country
If GGP (£54 mil mcap) was to sign an offtake agreement with Newmont then there SP would go absolutely mental. The same could be said with ZIOC (£37 mil mcap) signing an offtake with Glencore and the same goes for MTR, SAV and many other exploration companies on AIM who have much higher market caps and are no further advanced then ourselves. Now we have signed an MOU for an offtake agreement with Possehl, who take 3 billion in revenue per year. Possibly have agreed to purchase a minimum of 70% of commercial grade acid-spar to be produced at all three of our fluorspar projects. Not only that but they will provide us with pre-financing
Is that the only way you value a business you complete and utter numpty! I am just going to pop over to the SOLG board and tell them that their mcap of £428 million is going back down to £5 million because they are not in production. What a wally
1.6p getting smashed. Could move quickly this afternoon
I see from the last holdings RNS that Mr Bulmer has been loading up here, anyone know if he is still buying shares to increase his position further?
Lots of delayed buys showing as sells.
Still not showing, wasn't even that big either £10k worth.