The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
maybe, but looks to be consolidating nicely in this range, hopefully before a move up...but we wait for news as always
sorry....AND THE ZINC lol
Yesterday, with the equivalent of £3.5k. Things I like about this company are: Brucxe Rowan has a 5.4% stake, the CEO is well known and respected in Ireland, and as a former Senator and being responsible for promoting other mining in Ireland, should have the clout to get things done. Also Ireland should be looking to generate jobs and exports. The year loss last year was less than what they have in the bank, and assests are 10x that, so debt does not appear to be an issue. They have already stated they would need additional funding to get to production, so that won't come as a massive surprise. BOD hold a lot of shares, Conroy wants this to happen, and oh did I forget all that gold??
is now available for spread-betting from a well known company.
for next sales update...last one was positive so no reason this one won't be too. Was released in March last year, but perhaps the board will react to the lack of rise in sp by bringing forward what will hopefully be good figures.
172, up 24% on hardly any volume...people take notice!
full RNS: Source: MARKETWIRE)The Government of Papua New Guinea has today granted the world's first deep sea mining lease to Nautilus Minerals Inc. (TSX: NUS)(AIM: NUS) for the development of its Solwara 1 project in the Bismarck Sea. The lease covers an area of approximately 59 km(2) surrounding Solwara 1, 50 km north of Rabaul, where Nautilus intends to mine high-grade copper and gold deposits on the seafloor, at depths of approximately 1600 metres. The mining lease has been granted for an initial 20 year term and the PNG Government has retained an option to take up to a 30% stake in the Solwara 1 project as a joint venture partner. The option is exercisable within one month. If the option is exercised, the government will contribute funds to the project in proportion to its interest, including its share of the exploration and development costs incurred to date. Nautilus will now press ahead to conclude its strategic partnering discussions and continue the development of the Solwara 1 deposit, which has a stated resource of 2.2 million tonnes of ore, including an indicated resource of 870,000 tonnes at grades of 6.8% copper and 4.8 g/t gold (See Note 1). When it commences production, which is expected approximately two and a half years after full project sanction, Nautilus plans to produce ore at an annual rate of more than 1.3 million tonnes, containing approximately 80,000 tonnes of copper and 150,000-200,000 ounces of gold. Ongoing deep-sea drilling is also expected to lead to expansion of the resource base before the start of production. Nautilus CEO Stephen Rogers said the granting of the mining lease was an important step for the company and for PNG. "This historic decision to grant a lease over a deep sea deposit is a major step forward for this new frontier, and it reflects the fact that the Solwara 1 project is being recognised as an exciting, commercially valuable undertaking," he said. "We are grateful to the PNG government for its support and welcome its participation in the project. We look forward to working closely with the government on Solwara 1, which will generate significant investment for the economies of New Ireland, East New Britain and PNG. http://www.istockanalyst.com/article/viewiStockNews/articleid/4813210 Really positive, my highlight is "PNG Government has retained an option to take up to a 30% stake in the Solwara 1 project as a joint venture partner. The option is exercisable within one month." The fact that is exercisable within a month suggests to me that the PNG government have already decided to go ahead with this, and it's just a matter of time before NUS gets a nice cash payment. Underwater mining could be the future, I'm amazed how under the radar NUS are.
I like EMED, expecting good things from them this year. I got in earlier this week, was tempted to sell up, but decided to leave it, think there is more to come
sorry, was looking at wrong notes, KIBO is not 20% owned by EMED, but KEFI is...
Havea look at EMED over KEFI as EMED own 20% of Kefi and have other projects worldwide too
Actually if you check the occurences of 'i before e except after c', you will find it is a fallacy, as there are more instances of the exceptions in English than the rule.
For all you spread-betters out there, MVC is now available to trade on IG Index
cheers for the post...good point
expected a much more significant rise with that news...what's going on? Anyone got L2 they'd be willing to share?
http://www.digitaljournal.com/pr/195023 Nautilus finds more high-grade copper, particular highlight for me is: "Results for 10 holes drilled during the second half of December 2010 demonstrate the presence of high grade copper at all sites. "
Nice to meet you too, I've got 1k worth too, bought @ 122p so quite happy at the moment. Have to say I think this is quite a risky investment, so many unknown factors to consider, but if it pays off then NUS will be a massive company in it's own right, or a good takeover target from one of it's major shareholders (AngloAmerican for example). Got to love what they're doing , and I'm very interested in investing in sectors that could become massive in the next 10 years....if you come across any company involved in asteriod mining, let me know!
Been talking to myself for months on here, are you in? Another bit of news: TORONTO, ONTARIO--(Marketwire - Dec. 16, 2010) - Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) has appointed a new Vice President of Investor Relations and Communications to manage market communications as the company moves into a new phase of growth and development. Joe Dowling, formerly General Manager of Investor Relations and Corporate Affairs at Lihir Gold Ltd, has been appointed to the position. He will be based at the Nautilus Minerals project office in Brisbane, and supported by the Company's representatives in Toronto. A widely experienced communications professional, Joe has been responsible for global corporate communications and investor relations at Lihir Gold during the past five years, as that company's market capitalisation increased five-fold to approximately $10 billion. He has extensive financial market experience, and led LGL's successful listing on the Toronto Stock Exchange in 2007. Nautilus CEO Stephen Rogers said he was delighted to have Joe join the senior management team. "His experience in global financial markets, and in the mining sector in Papua New Guinea, will be invaluable to Nautilus," said Mr Rogers. Read more: http://www.digitaljournal.com/pr/185328#ixzz18HvcIEDt http://www.digitaljournal.com/pr/185328
bit of a dubious one if you ask me....isn't the market cap £12million? but yes, after a phone conversation, that is exactly right, won't take positions as market cap is under £10m :(
i'm trying to go long on IG index (this looks like a consolidating price before moving up to me), buit it says "Sorry, this market is only available for closing deals" - good sign?
lots more info posted re: FML over on iii. Got a long way to go this one IMO