Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not forgetting the potential of additional resources that could be added from SNRP's vast licence area (the majority of which is still to be explored). For those investors who have a longer term outlook coupled with patience SNRP is a superb opportunity, I have held for sometime now and will continue to do so. I believe that the next 12 to 24 months will be very productive and from a shareholder's viewpoint also very rewarding! Regards Dave
Compare the last published figures regarding significant shareholders as of 01/11/2020; http://www.ameplc.co.uk/investors/ and the figures posted in this evening's RNS; http://www.investegate.co.uk/article.aspx?id=201101141745095384Z&fe=1 regards Dave
As you know AME was pointed out by A.N Other but I am happy to hold here for future value. On an O/T note SNRP is doing well also, I will be adding and holding long term. After 2 takeovers turned down they are now sitting on huge resources from only 3% of their licence area!! Strong takeover possibilities but even greater long term company value in my opinion. SNRP's brakes are off and they have a vey long way to go! Regards Dave
I have copy/pasted my ii post below. As we can see, the initial sampling produced the following highlights; 47% of all Fintakourouni samples returned gold grades above a nominal 0.2g/t Au cut-off grade Peak gold assays for Fintakourouni were 2.39, 3.31, 8.96 and 21.5 grams per tonne gold ("g/t Au") Peak gold assays for Koukouroula and Karan include 83.2, 36.6, 12.65, 9.08, 3.30 g/t Au Ground magnetic geophysics continues to define detailed structure increasing the total strike length of the planned drill target to over 15 kilometres Rock and channel sampling confirms the presence of gold mineralisation in bedrock at the Fintakourouni target I look forward to AME continuing their exploration campaign, we are still at the 'early days' phase here and consider that (over time) the company will be able to zero in on more gold. regards Dave
With only 70m (ish) shares in issue and the company having cash to explore the licence areas the impact on the share price should be rather positive. If the gold grades are decent then this will be exaggerated in my opinion. I am personally looking forward to a maiden JORC!! regards Dave
Courtesy of philanderer on ADVFN; PURSUIT DYNAMICS (PDX LN £438m Cenkos Brokership BUY) - Announcement of first successful installion and operation of PDX reactor technology in the Ethanol industry. On 29th June PDX announced the formal launch of its biofuels line of business, for 1st generation corn-based ethanol the company believe their reactor can reduce energy costs, volume of catalysts and improve yield in 120 of the existing 180 US plants. These plants were manufactured by ICM and Delta-T. Phase One of the commercial roll-out was the validation of the kit on one plant from each of the manufacturers, Marquis Energy and Pacific Ethanol's Boardman plant, and 3 plants to be equipped before end 2010. PDX said it would install the ERS in its customers' ethanol plants at no additional cost and will work with various leading system integration partners, such as ICM, to upgrade the plants. The business model is based on PDX charging a fee for the use of the ERS on a per gallon basis that will vary according to the package operated by the user. PDX expects to charge an average of US $2c per gallon for the main package. Today PDX announced that the Pacific Ethanol Boardman plant had been successfully operating with the PDX kit installed for 1 week, "without disruption and with full reliability"...."Extensive data is being collected to confirm the system's overall chemical and biological performance with early indications suggesting enhanced performance results and a reduction in operating costs. The plan is to roll out the technology to 60 plants over 2-3 years, the average plant produces 70m gallons of ethanol pa, at 2c per gallon to PDX this would imply $84m of high margin revenue to PDX. A further update will be provided with the full year results announcement on 3 December. We see PDX as turning a corner from over-promising and failing to deliver commercially over a number of years to driving revenues from its technology in multiple business lines within this financial year. We have a £10 target for end 2011 but if the promises can be delivered to plan and on time that could look conservative. regards Dave
It's clear that some opinions regarding GGG are divided and this to some degree is to be expected. Some relevant points are worth considering; Touchwood's posts screaming buy and the sky is the limit whilst the SP was close to topping out yesterday were irresponsible. Novice investors could be swayed into making badly timed investments, I believe it is a responsibilty of all posters to consider the possible consequences of their posts. All investors should take heed of Riddler's charting experience, suitable entry points into a share can be assisted by his chart knowledge. I agree that charts cannot predict news but they will assist greatly in the periods between RNS issues. Broker notes can give some facts and figures to an Investor's research but I personally take 10 to 20 percent off their target figures. Always remember that Brokers are not in the game for love! Whilst I do see further upside for the company a measured approach should be advised regarding timing. In addition inferred resources are a long way from gold production which should prompt consideration to debt/equity funding to facilitate transition from Explorer to Producer and the effect this may have on future costs. For those who I am teaching to suck eggs I apologise but for the 'greener' Investor.........self help and independant research is so very important. Such research can be shared and constructively debated, which in turn will assist everyone to make well informed investment decisions. Regards Dave
Contrary to your last post the upside for GGG is limited by many factors, Gold grades, production costs, funding etc. All investors should be aware of such limitations. This post is not a de-ramp, it serves to provide a balanced view of the investment potential. Many smaller P.I's will be caught out by buying at the wrong time. regards Dave
I'm sure you understand my questioning and to be honest I didn't expect any kind off well reasoned reply to the questions. In a very simililar way to your self I was hoping to help others consider their actions based on factual information. As I'm sure you are well aware many 'green' investors will take a sting after an ill considered impulse buy at the wrong time. Whilst the RNS is exceptional a measured view should be considered before investing on a blue day and I agree wholeheartedly with you " wait till dust setlled" comment. I trust you are well, regards Dave
I would be interested to hear any projections you might have regarding extraction method/costing, funding for the afore mentioned will also be of great relevance as will the regional infrastructure. These factors I would consider absolutely relevant when considering longer term projections. I await your reply. regards Dave
Whilst I cannot vouch for your provenance I can (to some degree) for Riddler's. Riddler's request for you to post something of substance is fair, I like him have been in NYO for a long time and comparisons could be made that could assist the greener members of any bulletin board. Nyota aside I would prefer to see projections posted based on solid evidence not just from this release but the whole background of the company. I know for a fact that Riddler can post good well structured information..... Can you? regards Dave
My view is that it's less of a revelation and more of a "we'll put our cohesion in writing". I wouldn't be suprised if the two become one in the future. regards Dave
I'm sure an RNS will follow when Doornbosch and Tweefontein are fully opreational, they wouldn't miss such a decent opportunity to announce that! regards Dave
That has a lovely ring to it, "significant premium"!!!! ;-) regards Dave
If that happened I'd like to think that a larger entity would come along and take the job lot!!! regards Dave
lol, cheeky boy! regards Dave
such consolidation provides a great 'firm base'. Those investors who have forward sight will also indentify this and act accordingly. SLV's situation (and to some degree JLP's) will make a refreshing alternative for newer SLV investors, not having to bite their nails and check the live prices every 5 minutes. Just to sit back and wait as the SLV wheels start to roll. regards Dave (also snowed in!!)
Good to see some momentum here, I've noticed that this is also being mirrored by JLP. Promising for those who hold both! ;-) regards Dave
some action post RUUKKI fiasco. If the smelting trials continue to have success on a larger scale (I suspect they will) SLV's value will continue to grow. Note the high percentage of PGM recovery 99%!!!!! regards Dave
I had to stop drinking to get a little sleep prior to today's shopping 'fun' :-( I'm glad you have set yourself limits but you really should buy more cans, it helps to fend off disappointment! ;-) regards Dave