Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My buy for £4k not a sell. Mms quoted spread misleading and enabling my buy to be shown as a sell as they are more than likely short of shares.
What's with both Cantors and Huddlestone selling out? Anyone know why?
The best deals are often the most complex and although frustrated at the time it is taking, I’m very confident with QGC’s and JB’s involvement it will be a cracking deal and well worth the wait.
Technical update just released by the CEO.
https://twitter.com/GoldenMetalRes/status/1749734442057245090?t=3G6zsCoX_bOE9ghGaeDKtQ&s=35
From Jason Brewer today:-
Been one month since I've joined the Board of Unicorn Mineral Resources.
Feet firmly under the table.
Bank balance strong after capital raising last month and several advanced new and high-value projects under review.
Aiming to finalise this quarter.
When we started Marula Mining in April 2022, we raised about 1/3 of what we now have at Unicorn.
With those funds we completed 8 project acquisitions in 18 months and increased the share price and market capitalisation several fold.
Same goals here.
Targeting complimentary projects to Unicorn's current base metals focus.
Clearly given my location here in Africa you know what's likely to be on the cards
✅ high-grade
✅ advanced
✅ near term production
✅ strong partners
✅ fast moving
Time to buy I would say whilst mcap only £2.44m
Added £2k this morning. 2024 will hopefully prove to be a transformational year with Juniper help finding a new resource for the company
Agreed ilovesushi. Announcement is absolute bull.....
Zinc and copper acquisitions are on the way it seems looking at the company's tweets.
I would not be surprised to see a zinc acquisition being announced any day now. The company certainly has been working hard to complete one, as indicated by QGC's website (without actually confirming that it is for Shuka), and now everyone is back to work, I don't expect us to have to wait much longer.
From Jason Brewer
Has been a lot of planning and preparation since our strategic investment through
@GM_InvestAfrica in Shuka and my appointment as an executive director.
Looking forward to pushing forward in 2024 and delivering on my personal aspirations for this company.
The Rukwa coal resource is too small and uneconomic to develop and will probably be just shut down.
Added to my holding this morning as we get closer and closer to the announcement of the first deal, which I anticipate will be in zinc with lead.
I suspect there is a second acquisition in the offing as well as the company tweets about copper as well as zinc being desirable minerals.
If the new owners of the company, QGC and GMI stick to their well worn practice with Marula of acquiring near production projects, we shouldn't have to wait an eternity for development of the projects, being keen to produce revenue as soon as is feasible.
And on top of that Marula has the lithium and graphite resources as well. When production from Blesberg and Kinusi and perhaps also Nyorinyori happens during 2024, the mcap will be closer to £100m than £20m I suspect. A multi-bagger if ever I saw one with minimal risk.
Happy Xmas to all.
Took the opportunity too good to miss to add a further £4k in two trades this morning at below 10p.
2024 is going to be a game-changing year for Shuka.
Happy Xmas to all.
Wise man wishihadnt. as can be seen from share buying today. Whether the acquisition news is able to be issued before Xmas or early in the New Year, I expect it to be impossible to buy at this level then.
Am invested. Potential at the current mcap is huge.
I’m looking for a Xmas present from Shuka. Added more today at what is still a low price.
I agree we deserve an update, but I don’t agree that money invested by QGC and GMI is just going on salaries for doing little. You can see what they have achieved with Marula to know that their investment will in due course lead to an uplift in the company’s value.
Frustrating I agree that nothing has yet been announced on acquisitions yet, but we know that that is their intention, and as is often the case, patience will lead to a profitable investment.
Looks more like a transfer/rollover as buying and selling times so close.
Misrant44 you obviously haven’t been following Jason Brewer’s work as CEO at Marula. I suggest you do.
Good to see some sensible buying today ahead of announcements of acquisitions. Buy low before news. Don’t know when we may hear but you can bet that they will add value to the company.
Would also like to know what is planned for Rukwa the existing coal resource which seems to have been mothballed perhaps. It would be good if they could sell it and add to the coffers towards funding the acquisitions.