Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
When results are received from the lab, time is needed to analyse data and plan the next steps.
From the presentation
"Historic drill holes on Alien’s licence returned
significant results including 126m @ 60.28% Fe
from surface".
Also 4 historic drill holes all returning economic grades, and this is just a small area of the Hanc0ck ranges.
https://www.alienmetals.uk/project/iron-ore-brockman-han****-ranges/
Don't forget iron ore Brockman results from recent drilling due shortly.
Max. I started buying GGP in mid 2016 when GH became CEO and started acquiring licenses in the Paterson. Always watch the CEO closely - it's about people when investing long term.
Those selling @1.11 are getting ripped off.
Because eToro is for children. Only real brokers do GGP.
Remember early excellent results from Havieron had a subdued response, the in the following days it when nuts.
Silver industry responds
https://m.youtube.com/watch?v=m02666PE9Ic
Gervaise Heddle LOL. First thing GH would do is demand a massive remuneration package.
If UFO did do a placing it would be to acquire something big, which would be positive especially if it was a gold deposit or a tenement in the Paterson for example. Apart from that, there is no reason to do a placing with £2 million in the bank. Use common sense people.
The Greenland licenses are countercyclical plays, so they are being lined up for when the global economy recovers and all base metals demand comes back. There's no immediate hurry to explore them, and the focus will still be silver, copper, and iron over the next few years. Zinc and lead will follow.
Yes, I have 12 million and I'm not selling any.
Good news for us.
https://uk.reuters.com/article/brazil-vale-suspension-idUKL1N2GP0HA
The most likely scenario is that KMG will be liquidated, so it's share price won't be relevant in that case. If the company continues to exist in some form it would probably de-list from ASX anyway. Before the UFO shares and warrants are distributed to the current shareholders, KMG will have to make sure all liabilities are paid first and the shareholders get what's left. Of course KMG may be able to pay some of it's liabilities with UFO shares, but I don't really care as long as we have Elizabeth Hill.
myavian, the drop in SP was not only due to new shares issued. Look at the broader market - all indexes are down. Everything gets oversold with this volatility. Look at GGP, a solid company was down more than 10%. The answer is to buy more and wait for the recovery.
Worzel, why don't you post your ****e on the POW board. How would you like it if we start posting on all your holdings? Red flags: Pauls Johnson, Andrew Bell. Don't fall for this nonsense.
The completion of EH acquisition and Donovan 2 JV agreement will be catalysts, but the real fireworks will happen when we start drilling and get exploration results. We have 3 or 4 projects where drilling or surface work is imminent.
Stretchum, then it will be a good buying opportunity.
Very pertinent podcast napthman1, @12.00 minutes. Eric Sprott talks about switching from a stock that had gone up a lot with a MCap of 700 million to another stock that had been overlooked and was cheap, based on relative value. I think we can say that GGP is no longer overlooked, but UFO is definitely still under the radar. Back in October 2017 GGP only had a handful of drill results from Firetower / Warrentina and some MMI sampling from Ernest Giles, and yet the market cap was approaching 30 million. UFO has much more than that at 2 silver projects with proven high grade mineralisation and historic production, then with Elizabeth Hill it will be 3. Also, the chances of success at Donovan 2 and Hamersley are much greater than GGP's Ernest Giles was at that point.
Looking forward to progress over the coming weeks and months.