The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Great article indeed! https://www.bnnbloomberg.ca/barrick-ceo-to-forge-ahead-in-latin-america-despite-past-strains-1.1196409 "If you want to find elephants, go to elephant country,” Chief Executive Officer Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company “absolutely” intends to invest more money in the El Indio copper-and gold belt, he said, adding that its partnerships with Chinese and Chilean miners remain key to its strategy in the region.
Agreed DBW PDAC is one the biggest events in the exploration and mining calendar and, to have the PEA ready to share before then, would, in my opinion, have a significant impact, especially with the amount of publications and sector news agencies that cover the event in detail... GLA
Zeusfurla the 43-101 mentioned that a LIDAR survey had been undertaken in November (required for the planning of the site and facilities) and the data is expected in January. Think it's needed for the PEA.... Another potential reason for it coming later in the quarter. Pinot noir also pointed out Solgold may be at Indaba again to present which is in Feb, they often like to have fresh news to present and then back up with BRR media interviews etc... Just speculation of course...
The report is a treasure trove of information, data and explanations. I would recommend that if you are a serious investor and want to truly understand the workings of the company with relation to Alpala then give this a read.
HUGE amounts of details that investment company analysts and mining company geos will be pouring through.
Lots of extra stuff that you won't have read in a RNS.
GLA and DYOR
Sorry Schlemiel for asking but what are the main chunky levels of sell orders on Lvl 2? How many chunks of 250k shares are on at 44p and are they placed systematically up the price scale? I saw this before a couple of years ago and only the lowest order placed began to get nibbled at before the ones above were removed.... not suspicious at all... lol
Jerryspaniel just had a look at the GoldCorp one and page 138 has a sensitivity diagram called "Figure 22.1 Net Present Value (5%) Sensitivity to Revenue (Recovery, Price), Operating Cost, Capital Cost" so fill your boots.
Hi Jerryspaniel, have you tried google? Just typed in "gold copper mine PEA" and found this one released by Gold Corp last year.
https://d1io3yog0oux5.cloudfront.net/usgoldcorp/files/docs/43-101_CopperKing_2017_v4.pdf
I am assuming that they would be of a fairly standard format if you're looking at main market listed companies. I've also looked for ones that use SRK Consulting (as Solgold does) and the Nevsun one linked to below is their updated PEA. Have a read, hope it's helpful.
https://www.nevsun.com/news/2017/october26-updated-pea-for-timok-upper-zone-copper-project/
GLA and DYOR
Q it was published on Sedar over in Canada as a news release. https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00013027 Top link from today as a news release. Don't think the transaction, i.e. the actual transfer, has completed? But they have signed everything etc... Also companies have a few days to release the TR-1 from triggering the 15% threshold (which triggers a holding notice on TSX and LSE)