Member Info for sj74

I also wouldn't want to be transferring my stock right now, you would most likely get poor value imo.

It does look scam. Not very expertly written and Evraz haven't even been delisted from the LSE. I would not be trusting that!

Nice to hear from Ulla. If she can get the environmental permit applied for by next year and we actually do head towards production in 2026 then great!! Loads of IFS but the potential is huge. Looking forward to the scoping study.

Pretty good, for initial production and especially initial capex at $105 million. Entirely la India open pit only with nothing further added. No reason why this can't attract finance at the low level required.

Skeena £310 million
CNR £41 million

Hmmm. Granted, they should be worth more with the jurisdiction and the fact they will be producing 3x more per year but not 7-8x more value than CNR. Interesting.

And that's with there share price halving over the past 6 months as have the majority of juniors. They have a bigger resource and that's on producing 3x more than CNR annually. Even so, as you point out the values point out how undervalued CNR currently are to peers.

25 seems a little sticking point atm, though can't buy any significant amounts. Won't take much before this starts moving again.

Yeah you'd want to be reporting a BFS from the country of the proposed mine. It's the biggest single piece and most costly produced by the company. Fingers crossed for next week, then finance etc can be started. Won't be long before SP heads higher, gradual pressure building. :)

Morning Suzy, good to hear from you.

Ehh? Did you miss the other RNS with the previous 10 drill holes lol. It's got potential. Personally I'm looking forward to more drilling.

Thanks. Interesting to note they released their BFS in February. First financing seemed to come from Franco Nevada in July (5 months after BFS) and further financing recently. G ventures have similar size resource to CNR though grades not as good and in Brazil. Their Market cap as of now is £186 million (though was higher at the beginning of the year). CNR £39 million.

CNR could follow a similar model.

https://www.mining.com/franco-nevada-invests-352-million-in-tocantinzinho-gold-project-in-brazil/

The BFS will be good, but it's what comes in the months following which should hopefully propel this company. Been watching this for years, now it's at a stage where alot can happen so I've taken a stake. Gl

I also hope/think we have held through the toughest of times with BEM. We shall see :/

Hi Jonny, same here similar amount of time and accumulated slowly over the years on lows etc. However I'm the opposite, more confident now than I have been for years. At least we have a target production and we are moving forwards with kallak now and an actual reason for an investor to become involved whereas the concession was a real stickler for countless years. I get where your coming from though especially with the SP. Atb

Not a bad call. We know scoping study and bits are being worked on for the environmental permit in the background i.e. the boring stuff but it should turn to exciting stuff 'one day' lol. Scoping study q4 should be a good release! I if we are serious about production 2026 and bearing in mind a 18-24 month construction then a partner needs be in place within the next 12 months imo so fingers crossed. We don't know who and what investors/partners Kurt has been speaking too.

Have a look at this link, gives you a bit of an idea:-
* Exciting times for pretty much all junior explorer type companies in 2011 with alot gaining big market valuations.
*MATD only had just over 100million shares a decade ago, now not far from 1 billion.
*That said, if this company does begin to produce then confidence will begin to increase here, and the money made can go towards new wells without the dilution it has been accustomed too. Not far from a tipping point here? Atb

https://www.proactiveinvestors.co.uk/companies/news/22864/petro-matad-starts-to-make-significant-waves-27263.html

Good luck 3card, hopefully see you back. I'm going to give it the 4 years from exploitation concession awarded. See what happens with kallak re production, partners etc. Nothing materialises we will still be in the penny area, however if all comes to fruition we could be looking at 50p+ (hopefully conservatively) ATB.

Thanks.

Cheers. Not just me then. I did it all online with computershare, didn't physically send anything back to them. This was done 2 weeks ago.

Anyone else not received their share certificates yet? Still not got mine. Is it recorded delivery? Thanks