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https://open.spotify.com/episode/2uyJXK2thu2tSc0z7tu6mw?si=b041d7c4539c4dac
https://audioboom.com/posts/7987132-the-sunday-roast-with-louis-coetzee-non-executive-chairman-of-mast-energy-developments
https://open.spotify.com/episode/2uyJXK2thu2tSc0z7tu6mw?si=b041d7c4539c4dac
https://audioboom.com/posts/7987132-the-sunday-roast-with-louis-coetzee-non-executive-chairman-of-mast-energy-developments
Today we talked to Adam Wilson regarding progress. Have a listen.
https://audioboom.com/posts/7985790-midweek-takeaway-with-adam-wilson-ceo-of-bens-creek
200% listed at 10p dropped below the IPO price on day 2 and then went gangbusters.
https://static1.squarespace.com/static/57a212373e00bec21a900640/t/619cf3a0c4e0d57740dde743/1637675949463/CorporatePresentationNov2021.pdf
Key take away.... "Licence is contiguous to Bellevue Gold – one of Australia’s most successful exploration plays"
Part of the roast crew here, loaded on the placing and also added at 3p on open so happy to hold this one with the strong newsflow to come despite all the ****£ talkers on here stating we are dumping. Makes me laugh how literally clueless they all are. Well done all let's make this one a winner.
# MILA will resume trading tomorrow on the main market after a succesful RTO from New Generation Minerals.
NGM is a UK private company, whose principal asset is the Kathleen Valley gold project in Western Australia. The Project is located in the prolific Wiluna-Norseman gold belt which hosts several world-class mines owned by a number of premier Australian gold companies including Northern Star and St Barbara. NGM holds other nickel and cobalt assets in Western Australia including a JORC inferred resource of 3.8 Mt Nickel-Cobalt project and one copper-gold project in Argentina.
The Kathleen Valley gold project has been discovered next door and on strike to recent discoveries by ASX listed Bellevue Gold, a company that has made substantial discoveries in the region particularly with the Deacon and Viago extensions of the historic Bellevue mine located 7km south of the Project. In June 2020, Bellevue made a discovery at its Government Well prospect, which is on the western boundary of the NGM Project. Bellevue has grown substantially in the last year, and now has a market capitalisation of over A$1.1 billion.
Mila is looking to replicate the success of Bellevue and other local miners by proving up the assets at Kathleen Valley. £3.5m has been raised recently and the estimated mcap upon listing will be £7m. So an enterprise value of less than £4m with signifcant cash reserves. The drill bit is currently turning onsite and results will be forthcoming. We expect this share to move well based on the low valuation and it should hit the ground "sprinting".
Peer valuations and progress of the companies with neighbouring licenses:
ASX: Liontown Resources. SP from 3c in 2019 to $1.72 in 2021. +5700%
ASX: Bellvue Gold. SP from 2c in 2016 to 88c in 2021. + 4400%
See also..... St Barbara, Ramelius Resources, Bulletin Resources, Kula Gold
To see progress on-site and for an overview of the project check out this video.
https://youtu.be/Z-rmb7guWcU
IMO with the interest in this one it will open around the 3p mark and move to 4p in very short order. Taken the placing at 2.4 and warrants at 4.8p (1 for 1). This is priced to hit the ground sprinting so expect BEN style rerate within a few weeks.
https://audioboom.com/posts/7981891-midweek-takeaway-with-caerus-minerals-and-bezant-resources
More talk! And licence update due soon.
Enjoy!
https://audioboom.com/posts/7981891-midweek-takeaway-with-caerus-minerals-and-bezant-resources
Telegram Group.
https://bit.ly/30smljf
Ticking up ahead of any news. Little float here so move quickly!
Morning all, big news for PHE and HUI today. If anyone wishes to take part in the upcoming HUI IPO please email admin@thesundayroast.net https://www.express.co.uk/finance/city/1520097/Powerhouse-Energy-Linde-Germany-EU-UK-trade-deal-update-Brexit-news
Would love to do a Sunday Roast special on this continuing saga. Will try to reach out to Steve N.
Yours Phil from the Sunday Roast crew.
Follow us on the Sunday Roast. I tipped this one on there. It's on Vox and Spotify. We interviewed BEN CEO Adam Wilson when the SP was 12p a week ago. If you haven't heard it then here it is.
https://open.spotify.com/episode/3WsKqynzB2Gt4QHG4ZbhRe?si=vBjRH0TeRWeuY5TYaXzvZw
Cheers Phil.